{"id":64509,"date":"2026-02-12T11:40:26","date_gmt":"2026-02-12T06:10:26","guid":{"rendered":"https:\/\/newswiredelhi.com\/index.php\/2026\/02\/12\/nis-management-limited-receives-icra-reaffirmation-on-rs-105-87-cr-rated-facilities-outlook-upgraded-to-positive\/"},"modified":"2026-02-12T11:40:26","modified_gmt":"2026-02-12T06:10:26","slug":"nis-management-limited-receives-icra-reaffirmation-on-rs-105-87-cr-rated-facilities-outlook-upgraded-to-positive","status":"publish","type":"post","link":"https:\/\/newswiredelhi.com\/index.php\/2026\/02\/12\/nis-management-limited-receives-icra-reaffirmation-on-rs-105-87-cr-rated-facilities-outlook-upgraded-to-positive\/","title":{"rendered":"NIS Management Limited Receives ICRA Reaffirmation on Rs 105.87 Cr Rated Facilities; Outlook Upgraded to Positive"},"content":{"rendered":"
\n

Kolkata (West Bengal) [India], February 12:<\/strong> <\/span>NIS Management\u00a0Limited,\u00a0(BSE\u00a0\u2013\u00a0544495),\u00a0One of the leading integrated services platforms, specialising in security, facility management, electronic security, and skill development, NIS Management Limited has received rating reaffirmation from ICRA with revision in outlook to Positive, reflecting improving financial profile, strong operational capabilities, and sustained business growth momentum. The company\u2019s total rated bank facilities stand at\u00a0\u20b9105.87\u00a0Cr.<\/p>\n

Details of Rated Facilities<\/strong><\/p>\n

\u2022\u00a0Long-term \u2013 Fund Based \u2013 Term Loan:\u00a0\u20b95.40\u00a0Cr\u00a0\u2013\u00a0[ICRA]BBB+ (Positive); Reaffirmed with outlook revised from Stable<\/p>\n

\u2022\u00a0Long-term \u2013 Fund Based \u2013 Cash Credit:\u00a0\u20b971.00\u00a0Cr\u00a0\u2013[ICRA]BBB+ (Positive); Reaffirmed with outlook revised from Stable<\/p>\n

\u2022\u00a0Short-term \u2013 Fund Based \u2013 Standby Line of Credit:\u00a0\u20b93.50\u00a0Cr\u00a0\u2013[ICRA]A2; Reaffirmed<\/p>\n

\u2022\u00a0Short-term \u2013 Non-Fund Based \u2013 Bank Guarantee:\u00a0\u20b922.00\u00a0Cr\u00a0\u2013[ICRA]A2; Reaffirmed<\/p>\n

\u2022\u00a0Long-term \/ Short-term \u2013 Unallocated Limits:\u00a0\u20b93.97\u00a0Cr\u00a0\u2013[ICRA]BBB+ (Positive) \/ [ICRA]A2; Reaffirmed with outlook revised from Stable<\/p>\n

Key Rating Drivers<\/strong><\/p>\n

\u2022\u00a0Established Market Position and Strong Client Base:<\/strong><\/p>\n

NIS has a strong presence in organised security and facility management services, particularly in West Bengal, servicing over 600 clients, supporting stable revenue visibility and repeat business.<\/p>\n

\u2022\u00a0Large Workforce Supported by In-House Training and Technology Capabilities
\n<\/strong>
\nThrough its subsidiaries Keertika Academy Private Limited and Keertika Education & Associates LLP, the company supports manpower training and vocational education initiatives. NIS has a manpower strength of around 18,000 employees including\u00a0back office\u00a0staff, and its internally developed technology solutions further enhance operational efficiency, workforce monitoring, and service scalability.<\/p>\n

\u2022\u00a0Strengthened Capital Structure Post Equity Infusion
\n<\/strong>
\nCapital structure improved following IPO proceeds of\u00a0\u20b945.6 crore, reducing consolidated gearing to 0.4x and TOL\/TNW to 0.5x as of September 30, 2025, compared with 0.6x gearing and 0.7x TOL\/TNW as of March 31, 2025.<\/p>\n

Commenting on the Update Mr. Debajit Choudhury Chairman & Managing Director, of NIS Management Limited said, \u201cICRA\u2019s reaffirmation of our ratings along with the Positive outlook reinforces confidence in our financial discipline, credit profile, and consistent operational performance. We remain committed to maintaining a strong balance sheet and enhancing our credit strength through sustainable and responsible growth.\u201d<\/p>\n

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Kolkata (West Bengal) [India], February 12: NIS Management\u00a0Limited,\u00a0(BSE\u00a0\u2013\u00a0544495),\u00a0One of the leading integrated services platforms, specialising in security, facility management, electronic security, and skill development, NIS Management Limited has received rating […]<\/p>\n","protected":false},"author":1,"featured_media":64510,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_rishi_post_view_count":20},"categories":[4],"tags":[54],"class_list":["post-64509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-business","rishi-post"],"rishi__cb_customizer_meta":"","comments_count":"0","_links":{"self":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/64509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/comments?post=64509"}],"version-history":[{"count":0,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/posts\/64509\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media\/64510"}],"wp:attachment":[{"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/media?parent=64509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/categories?post=64509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newswiredelhi.com\/index.php\/wp-json\/wp\/v2\/tags?post=64509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}