Nickel ferrite loaded (NiFe 2 O 4 ) segmented polyurethane (SPU) nanocomposites prepared by melt mixing method using microcompounder at temperature 185 C in recirculation mode to ensure proper dispersion and distribution of nanoparticles at optimized residency time of 5 min. Three different weight percentages of nanocomposites (3, 5, and 10 wt %) was prepared and studied the electromagnetic property of nanocomposites obtained from complex permittivity and permeability. The effect of nanofiller (NiFe 2 O 4 ) has been studied to assess their thermal properties using thermogravimetric analysis, differential scanning calorimetry, and thermomechanical analysis. The nanocomposites (NiFe 2 O 4 /SPU) have further been studied using FE-SEM, and the micrographs show embedded NiFe 2 O 4 filler uniformly dispersed in SPU matrix without agglomeration (size 20-40 nm). It is also evident that further loading of nanofiller resulted in saturation effect yielding no applicable change in thermal behavior and revealed lesser melting enthalpy due to the coalescence of the nanofillers. X-ray diffraction and vibrating sample magnetometer also support the formation of the nanocomposite. The electric and magnetic properties of NiFe 2 O 4 incorporated nanocomposite (NiFe 2 O 4 /SPU) may have potential application in microwave absorption.