Noida (Uttar Pradesh) [India], May 19: Nukleus Office Solutions Limited, a leading provider of co-working spaces and managed office solutions, announced its financial results for H2 FY26 and FY26 ended March 31, 2026. The Company currently operates across 25 centers with a portfolio under management of approximately 7.39 lakh sq. ft., maintaining healthy occupancy levels of around 85%.
Financial Performance Highlights
| Particulars (In ₹ Lakhs) | H2 FY26 | H2 FY25 | YoY Growth | FY26 | FY25 | YoY Growth |
| Total Income | 1,888.35 | 1,451.20 | 30.12% | 3,619.41 | 2,884.24 | 25.49% |
| EBITDA | 507.87 | 375.76 | 35.16% | 917.34 | 664.18 | 38.12% |
| PAT | 97.2 | 114.38 | 213.53 | 206.21 |
Operational Highlights During FY26
- Continued expansion across key commercial micro-markets in Delhi NCR
- Increased enterprise demand for managed office solutions
- Strengthened occupancy levels across operational centres
- Enhanced technology integration through AI-powered customer engagement and operational tools
- Continued focus on scalable and asset-light growth strategy
Expansion of Workspace Portfolio
During FY26, the Company continued to expand its workspace infrastructure across strategic commercial locations.
Key Operational Centres
- Flagship Centre, Noida Sector 142: 95,085 sq. ft.
- Logix Cyber Park, Noida Sector 62: 28,717 sq. ft.
- NSL, Noida Sector 144: 44,000 sq. ft.
- IFFCO Tower, Gurugram: 24,563 sq. ft.
- Prestige Blue Chip Software Park, Bengaluru: 20,246 sq. ft.
Managed Office Infrastructure
The Company further strengthened its managed office vertical through operations at:
| Barakhamba Tower, Connaught Place | Pegasus One, Gurugram | Skymark One, Noida | Thapar House, Janpath |
Upcoming Expansion Pipeline
Nukleus continues to maintain a strong expansion pipeline focused on premium commercial micro-markets.
Upcoming Projects Include:
- C3, Noida: 1,15,000 sq. ft.
- Wave One, Noida: 57,455 sq. ft.
- Shivaji Stadium Metro Station, Connaught Place: 23,169 sq. ft.
These developments are expected to strengthen the Company’s operational scale, enterprise reach, and long-term revenue visibility.
Technology & Operational Excellence
During FY26, the Company continued to strengthen its technology-driven operational framework.
Key Technology Initiatives
| AI & Customer Engagement | Operations & Monitoring |
| AI-powered voice assistance for customer engagement and lead management | Asset management automation platform |
| Client mobile application for booking and service management | Executive Information System (EIS) for operational monitoring |
| Smart inventory management system for seat optimization | Real-time dashboards and SOP-driven execution framework |
These initiatives continue to improve operational efficiency, customer experience, and scalability.
Management Commentary
Commenting on the performance, Mr. Nipun Gupta, Managing Director of Nukleus Office Solutions Limited, said:
“FY26 marked an important phase of growth and consolidation for Nukleus Office Solutions as we continued to scale our workspace portfolio and strengthen our presence across key commercial hubs. During the year, Total Income increased by 25.49% YoY to ₹3,619.41 Lakhs, while EBITDA grew by 38.12% YoY to ₹917.34 Lakhs, reflecting improved operating leverage and execution efficiencies. Profit After Tax for FY26 stood at ₹213.53 Lakhs.
Our performance during H2 FY26 remained encouraging, with Total Income rising by 30.12% YoY to ₹1,888.35 Lakhs and EBITDA increasing by 35.16% YoY to ₹507.87 Lakhs. This growth was primarily supported by healthy occupancy trends, increasing demand for managed office solutions, and expansion across flexible workspace formats.
During the year, Fixed assets grew by 160.71% YoY to ₹3,525.36 Lakhs, driven by continued investments in workspace infrastructure, technology platforms, and managed office expansion initiatives aimed at strengthening long-term operational capabilities.
India’s office real estate market continues to benefit from strong enterprise demand, GCC(Global Capability Centers) expansion, and the growing adoption of hybrid work models. In this environment, we believe our asset-light business model, diversified workspace offerings, and technology-led operational approach position us well to capture emerging opportunities in the sector.
As we move ahead, our focus remains on scaling enterprise-led managed office solutions, improving operational productivity, expanding into strategic micro-markets, and enhancing customer experience through technology integration. Nearly a year after listing on the BSE SME platform, we believe Nukleus is steadily strengthening its operational and financial foundation while remaining well-positioned to capitalize on long-term opportunities in the evolving flexible workspace industry.”
About The Company
Nukleus Office Solutions Limited is a co-working and managed office space provider offering a wide range of fully furnished, flexible workspace solutions across the Delhi-NCR region.
The Company’s offerings include dedicated desks, private cabins, meeting rooms, innovative workspaces, startup zones, and virtual office services, catering to a diverse customer base comprising startups, SMEs, large enterprises, professionals, and entrepreneurs.
Nukleus provides fully serviced and managed office solutions for enterprises, with capacities ranging from 50 to 500 seats, enabling scalability and operational flexibility.
Disclaimer
Certain statements in this document that are not historical facts are forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
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