Latest news with #AmitGoenka
Mid East Info
a day ago
- Business
- Mid East Info
Nisus Finance invests Dh183 million in two properties, considers Dh669 million more investment in Dubai's real estate
Nisus announces stellar growth with a 55 percent jump in Assets Under Management surpassing IN₹15.72 billion as revenue growing 56 per cent in financial year ending March 31, 2025 Nisus Finance Investment Consultancy FZCO NiFCO Dubai, a fully-owned subsidiary of Nisus Finance Services Company Limited (NIFCO), announced the investment of Dh183 million in two properties in Dubai while it is currently actively evaluating investment to the tune of Dh669 million in new properties. The company is looking forward to a four-fold growth in its Assets Under Management AUM that jumped 55 percent to IN₹15.72 billion US$183.85 million in the financial year ending March 31, 2025, from IN₹10.12 billion US$118.35 million in FY2024. Around 29 percent or IN₹4.55 billion US$53.21 million of the AUM came from its operations in the UAE. NiFCO has also engaged M/S Houlihan Lokey to raise global capital for the UAE and India funds, while it has sanctioned US$68 million Dh250 million for investment in Dubai. It is in advanced discussions for a further US$200 million (Dh730 million) credit limit to deploy in the UAE's high-growth real estate market that will fuel the sector's growth. In addition, NiFCO is in advance stage of discussions on the deployment of a further US$200 million Dh730 million from two prominent global funds. These funds, once deployed, will increase the company's investment by US$468 million Dh1.71 billion this year. In 2024, NIFCO Dubai invested a total of Dh183.35 million including Dh93.85 million IN₹2.3 billion in a project located at the Jumeirah Village Circle (JVC) while it invested a further Dh89.5 million (IN₹2.15 billion) in a property in Furjan Dubai. 'We have already invested Dh183 million in two residential properties in Dubai and are actively evaluating Dh669 million (IN₹15.55 billion) in investments across residential and commercial projects in prime Dubai locations like JVC, Al Barsha, Sports City, and DIP. These strategic moves aim to unlock high-yield opportunities and fuel strong growth,' Amit Goenka, Chairman and Managing Director of Nisus Finance Group NiFCO, says. 'We are currently looking at bigger and more lucrative opportunities in the UAE and the GCC where the opportunities are growing and we want our investor community to benefit from these opportunities.' Nisus Finance meanwhile, reported a 35.5 per cent year-on-year growth in profit after tax reaching IN₹325.8 million (US$3.81 million) in the financial year ending March 31, 2025, compared to IN₹240.5 million (US$2.81 million) recorded in FY2024, on IN₹673 million (US$7.87 million) revenue which jumped 65 percent, compared to IN₹430.4 million (US$5.03 million) recorded in the previous year, due to strong growth in its UAE business carried out through its UAE subsidiary Nisus Finance Investment Consultancy FZCO (NiFCO Dubai). The company's total assets jumped to IN₹1.79 billion (US$20.93 million), up from IN₹491 million (US$5.74 million) in FY2024. The company reported a 42.3 percent Return on Capital Employed (ROCE) while Return on Investment (ROI) reached a healthy 33.3 percent in the last financial year when its Net Worth reached IN₹1.61 billion – reflecting a robust performance. The company's Revenue-to-AUM ratio stood at 4.3 percent while Earnings per Share (EPS) reached IN₹16.31 and Net Asset Value per Share reached IN₹67.31. Nisus Finance last year made some successful marquee exits. It had earlier invested in one of India's first self-redevelopment project in Mumbai. The project, managed by Trilogy Developers, merges two societies into a mixed-use development. Last year, it exited from the project with 21 percent IRR while it also unlocked value with high-yield exit under its Real Estate Special Opportunities Fund (RESO) 1 from a wholly-owned subsidiary of Shapoorji Pallonji Real Estate at 18.74 percent IRR. The company also divested from two projects in Bengaluru, achieving a 19 percent IRR through its Real Estate Credit Opportunities Fund (RECOF) 1. NIFCO also exited from Plotted Development Project Treasure Hills by Treasure Group in Indore with 19 percent IRR. 'Our FY25 performance reflects the strength of our core platform—lean, profitable, and execution-focused. With the IPO success, we are well-positioned to accelerate strategic growth in FY26 and beyond,' Amit Goenka says. 'Robust AUM growth, diversification of revenue base and strengthening of the India and UAE team, enhancing execution and delivery capabilities have been our key growth drivers, supported by targeted expenditure in marketing and brand building during the Initial Public Offering IPO phase, supporting long-term brand equity and visibility have helped us to record such impressive growth.' In India, investments worth IN₹10 billion are under evaluation across high-growth cities like Mumbai, Pune, Bengaluru and Indore covering both performing credit and special situations. The firm aims to drive strong returns and manage risk through strategic market selection and asset diversification. 'In the FY2026, our objective is to achieve IN₹40 billion (US$467.81 million) with total income ranging from IN₹1.2 billion to IN₹1.4 billion (US$16.37 million) while we remain on target to become a global asset manager with US$$1 billion AUM by 2028 through blue ocean strategies to drive multi-dimensional revenue streams by providing investment opportunities across capital stacks,' Amit Goenka says. Nisus leverages a decade of experience, utilising local market expertise and proprietary data to capitalise on emerging trends and consistently deliver superior risk-adjusted returns. NIFCO specialises in urban infrastructure financing and private capital market transactions. The company, along with its subsidiaries and associates, focuses on two main areas: Fund & Asset Management and Transaction Advisory Services. With over a decade of experience in India, Nisus manages IN₹15.72 billion in assets for FY 2025, to deliver gross IRR of more than 19 percent. The Company's RESO fund has been awarded an 'Excellent' rating by Care Edge Advisory, recognising its strong focus on diversified AIF funds and asset management. The company got listed on BSE SME platform on December 11, 2024. About Nisus Finance: Nisus Finance Services Co. Ltd. (NiFCO) is a leading, publicly listed real estate investment firm headquartered in India, with a proven track record of delivering high-yield, performance-driven assets across the country. In line with its global expansion strategy, NiFCO has extended its investor outreach across Southeast Asia, Europe, and the Middle East, bringing its deep sector expertise and innovative financial solutions to the UAE and broader GCC region. As part of this regional growth, NiFCO has launched the 'Nisus High Yield Growth Fund Closed Ended IC' ('Fund'), a DIFC-registered Property Fund and Qualified Investor Fund, incorporated under the laws of the Dubai International Financial Centre (DIFC). The Fund is an incorporated cell of Gateway ICC Limited and is advised by Nisus Finance Investment Consultancy FZCO ('NiFCO Dubai'), located in Dubai, UAE. Gateway Investment Management Services (DIFC) Limited has been appointed as the Fund Manager.
Broadcast Pro
11-06-2025
- Business
- Broadcast Pro
Zee Entertainment unveils transformation into content and technology powerhouse
As part of this strategic transformation, the company unveiled a new and dynamic brand universe for its next phase of growth. Zee Entertainment Enterprises Ltd. ('Z') has announced a significant transformation, repositioning itself as a cutting-edge Content and Technology Powerhouse with a renewed focus on delivering premium content and immersive consumer experiences across entertainment platforms. This strategic pivot reflects the Company's forward-looking vision, as it seeks to drive enhanced performance, profitability, and sustainable growth through innovation and digital integration. In a bold step marking this transformation, Zee introduced a dynamic new brand universe aimed at propelling the company into its next phase of growth. This brand refresh encapsulates Zee's strong ambitions for the future, underpinned by its commitment to continuous innovation and value creation. With a modern design and futuristic appeal, the brand embodies the spirit of a young and emerging India—ambitious, agile, and optimistic. The redesigned identity reflects the Company's deep-rooted legacy, innovative mindset, and future-ready approach, reinforcing its long-standing relationship with consumers over the past three decades. Through this evolution, Zee aims to inspire trust and deliver rich, meaningful entertainment experiences globally, while integrating advanced technology across its content creation, distribution, and monetisation ecosystems. The unveiling of the new brand universe took place during the Zee Cine Awards 2025, with CEO Punit Goenka leading the launch in the presence of industry stalwarts and stakeholders. As part of this strategic rollout, all Zee channels and platforms officially adopted the new branding on June 7, 2025, coinciding with the televised event. Sharing his thoughts on the new brand universe, Punit Goenka, CEO, Zee Entertainment Enterprises Ltd. said: 'As we embark on a phase of growth backed by a robust focus on content and technology, the new look envisioned for the Company is futuristic, dynamic and agile; which is a firm representation of our team's capabilities to capitalize on the emerging opportunities. It also reflects our commitment to embrace emerging technologies to enhance the overall consumer experience. The new brand universe underscores our bold spirit and resolve to remain agile and adaptive in a fast-evolving landscape. Our brand promise of 'Yours Truly, Z' reflects the Company's consumer-centric approach and its commitment to consistently deliver meaningful entertainment experiences. The brand pillars have been crafted in line with our rich value system, and will serve as our north star, guiding the Company in achieving the targeted aspirations to build a robust growth trajectory for the next century. We firmly believe this new approach exemplifies our relentless pursuit for excellence by taking accountability for results and innovating to deliver purposeful business outcomes.' Amit Goenka, President, Zee International, Digital Business & Platforms, remarked: 'This new chapter in Z's journey reflects our ambition to lead the next era of global entertainment. By blending creativity with cutting-edge technology, we are unlocking new possibilities across markets, delivering content that resonates across borders and generations.' In the letter written to its valuable viewers, 'Z' expressed: 'I promise to make you laugh louder, dream bigger and feel more deeply in every moment and through every experience. After all, life is not about counting the beats of your heart, but counting the moments that make your heart beat!' Expressing gratitude towards the employees, 'Z' said, 'The magic that we bring alive together is unmatched. But the most beautiful part of our story is not what we have achieved together, but the journey we have undertaken to achieve it. You are not just a part of this journey; you are the journey. Let us keep narrating stories that matter, creating moments that last and shaping a future that shines as brightly as you do!' The new brand design incorporates vibrant hues and a cohesive visual identity that captures India's cultural richness while embracing a global outlook. This visual transformation supports the brand's architecture, resonating deeply with audiences across languages and regions. Zee's transformation is anchored by three core pillars: Purpose, Vision, and Mission. Its stated purpose is 'to enrich the lives of people around the world by creating extraordinary moments, which celebrate the power of optimism and togetherness.' The vision reflects a drive to 'bring about a positive change in people's lives through purposeful entertainment,' while the mission commits to 'creating value for all stakeholders with a sharp focus on delivering world-class infotainment.' With over 30 years of legacy as a pioneering Indian media brand, Zee is reaffirming its leadership role in the entertainment sector. By enhancing capabilities across its business and integrating innovative technology into its operations, Zee is positioning itself at the forefront of a rapidly evolving industry, set to redefine the future of entertainment on a global scale.
Mint
11-06-2025
- Business
- Mint
Will ZEE5's new slate of content, regional push, and micro-drama help it win the OTT war?
ZEE5, the video streaming platform owned by Zee Entertainment Enterprises Ltd, will release over 130 new titles in FY26, including web series, films, and non-fiction shows, with a focus on family audiences and younger viewers. To expand its offerings, the firm has also partnered with tech startup Bullet, which has developed a micro-drama application featuring fast-paced, vertical-format episodes designed for younger audiences. 'In FY25, we had only 60-odd launches through the year, including movies, but this coming year, you would see over 130 launches happening," Amit Goenka, chief executive of the international broadcast business of Zee Entertainment Enterprises, and head of Z5 Global, said in an interview with Mint. 'Language is our big push and we've added four more languages for original content," he added Also Read: Regional content gains ground on OTTs even as Hindi dominates While the focus on Hindi, Tamil, and Telugu remains, ZEE5 has now entered the Kannada, Marathi, Bengali, and Malayalam segments. It has launched language packs that allow users to pay only for specific language content. The Hindi pack (which also includes Punjabi and Bhojpuri content) and the all-access pack remain available with monthly and annual variants. Regaining margin Last February, Zee had said it was charting a three-pronged approach—cutting costs, reducing overlaps between businesses, and enhancing quality to regain margins—after its merger with Sony Pictures Entertainment collapsed. In line with this, ZEE5 now operates under a 'leaner, meaner" model with a profitability-first mindset, Goenka said. In FY25, the company halved its Ebitda loss to ₹548 crore. 'While we provide the consumer with entertainment and the right experience with a technology focus, it is still primarily focused on making sure it is profitable," he said. To boost revenues, ZEE5 is bolstering its AVoD (advertising video-on-demand) strategy, moving some content from behind the paywall to a free tier over time, repurposing old library content into smaller versions for new viewers and curating a user-generated content or UGC slate. Zee Entertainment Enterprises reported a 1,305% year-on-year growth in its consolidated net profit to ₹188 crore in Q4FY25. The total revenue in the March-ended quarter stood at ₹2,220 crore, which was up 1.6% from a year ago. Total revenue of ZEE5 during the quarter stood at ₹274.7 crore. Goenka said regional content will continue to be a growth engine. 'If you look at the broadcasting industry, the real growth has come from expanding into language markets. People still want that connect with their roots, and we should give that to the audience, whether from a content or platform experience perspective," he added. While Goenka did not give specific investment figures for this year, ZEE5's budget for each content typically hovers in the range of ₹5-7 crore. In the case of regional shows, the spending is even lower. Also Read: Independent producers, boutique studios veer towards regional cinema for big gains Tough terrain Despite progress, challenges remain. Entertainment industry experts believe local platforms have a tough road ahead. 'OTT (over-the-top) is a heavy investment game. While on the one hand, you have the likes of foreign giants like Amazon, whose losses are subsidized because of the e-commerce business, there is JioHotstar on the other, which is on the warpath with sports and regional content," said a senior content studio executive on condition of anonymity. However, Goenka is optimistic. 'Our audiences know that when they come to Zee, they're going to get family-friendly content. Being able to produce at the right cost is the second big advantage we have over any of the other players. Plus, at Zee Studios, we produce a large amount of movies every year. So we are not dependent only on the market to acquire movies and have our own slate, which gives us a steady flow of content," he said. He added that foreign players with deep pockets have been around in India for a while, but the real challenge remains catering to the price-sensitive Indian consumer, which even international platforms have had to take cognisance of. According to a report by media consulting firm Ormax, the audience universe for video streaming in India currently stands at 547.3 million people, but active paid subscriptions have stagnated at 99.6 million. The average number of platforms subscribed to per paying audience member fell from 2.8 to 2.5 in 2024, highlighting the waning need among audiences to pay to watch too many streaming services, the report said.
Time of India
11-06-2025
- Business
- Time of India
ZEE5 Aims to Slash Operating Losses by up to 60% in FY26
HighlightsZEE5, owned by Zee Entertainment, aims to reduce its operating losses by 50-60% in the fiscal year 2026, with a target to achieve an EBITDA margin of 18-20%. The platform plans to launch 100 content titles in fiscal year 2026, focusing on language-based offerings in regional markets such as Tamil, Telugu, Kannada, Malayalam, Marathi, and Bengali. Despite facing competition from major streaming services like Netflix and Prime Video, ZEE5's revenue grew by 6% in fiscal year 2025, reaching ₹976 crore, as the company emphasizes cost control while delivering quality content. ZEE5 , the streaming platform owned by Zee Entertainment, aims to reduce its operating losses by 50-60% in FY26 , president of digital businesses and platforms Amit Goenka said. The OTT industry has shifted its focus to achieving profitability after years of heavy investments in subscriber acquisition, which had taken a toll on their P&L. In FY25, ZEE5 reduced its Ebitda loss to ₹548 crore from ₹1,105 crore in the previous year. The company has been aggressively cutting costs to achieve its goal of an 18-20% Ebitda margin in FY26. "This year, we are striving to reduce our Ebitda losses by more than 50-60% compared to last year. ZEE5 is the only division in Zee Entertainment that is not yet profitable, and we are looking to make it Ebitda-positive," he said. According to Goenka, producing content at a competitive price has been Zee's strength, and the company wants to maintain the cost advantages it has built over the years. ZEE5's focus on investing more in the story than in the star cast has helped it reduce costs-unlike other major streamers who spend huge amounts of money on star-driven shows, he noted. "We will control our costs and at the same time deliver quality content to audiences," he said. ZEE5 is planning to launch 100 content titles in FY26, with a focus on language-based offerings in markets like Tamil, Telugu, Kannada, Malayalam, Marathi and Bengali. In FY25, the platform launched 60 pieces of content across movies and originals. Goenka also downplayed concerns that stringent cost controls would impact revenue growth, even as the platform competes with giants like Netflix, Prime Video and JioHotstar. ZEE5's revenue grew by 6% in FY25 to ₹976 crore. "Controlling costs can still help you grow users and offer a great content experience because how you tell the story is more important than the face behind it," he said. While ZEE5 has a hybrid subscription and ad-led model, Goenka sees a lot of potential in the subscription model and intends to partner with telcos, broadband players and other distribution platforms to reach new audiences in tier-2 and -3 cities. The platform also aims to double down on technology to improve user experience and experiment with emerging genres like short-form vertical video.
Time of India
11-06-2025
- Business
- Time of India
ZEE5 aims to slash operating losses by up to 60% in FY26
Mumbai: ZEE5, the streaming platform owned by Zee Entertainment, aims to reduce its operating losses by 50-60% in FY26, president of digital businesses and platforms Amit Goenka OTT industry has shifted its focus to achieving profitability after years of heavy investments in subscriber acquisition, which had taken a toll on their P& FY25, ZEE5 reduced its Ebitda loss to ₹548 crore from ₹1,105 crore in the previous year. The company has been aggressively cutting costs to achieve its goal of an 18-20% Ebitda margin in FY26."This year, we are striving to reduce our Ebitda losses by more than 50-60% compared to last year. ZEE5 is the only division in Zee Entertainment that is not yet profitable, and we are looking to make it Ebitda-positive," he said. According to Goenka, producing content at a competitive price has been Zee's strength, and the company wants to maintain the cost advantages it has built over the years. ZEE5's focus on investing more in the story than in the star cast has helped it reduce costs-unlike other major streamers who spend huge amounts of money on star-driven shows, he noted. "We will control our costs and at the same time deliver quality content to audiences," he said. ZEE5 is planning to launch 100 content titles in FY26, with a focus on language-based offerings in markets like Tamil, Telugu, Kannada, Malayalam, Marathi and Bengali. In FY25, the platform launched 60 pieces of content across movies and originals. Goenka also downplayed concerns that stringent cost controls would impact revenue growth, even as the platform competes with giants like Netflix, Prime Video and JioHotstar. ZEE5's revenue grew by 6% in FY25 to ₹976 crore. "Controlling costs can still help you grow users and offer a great content experience because how you tell the story is more important than the face behind it," he said. While ZEE5 has a hybrid subscription and ad-led model, Goenka sees a lot of potential in the subscription model and intends to partner with telcos, broadband players and other distribution platforms to reach new audiences in tier-2 and -3 cities. The platform also aims to double down on technology to improve user experience and experiment with emerging genres like short-form vertical video.
