Quarterly Result8 Aug 2025, 08:22 pm
Niyogin Fintech Q1FY26: Profitable Growth with New Milestones in NBFC, ISU, and iServeU
AI Summary
Niyogin Fintech Ltd. reported a profitable Q1FY26, with key businesses NBFC and ISU delivering positive results. iServeU showed its fourth consecutive positive EBITDA quarter, with a healthy order book of ~Rs. 585 Crores. The NBFC side saw progress in its Partnership and Alliances strategy, with gross disbursements of Rs. 160 Crores. The company is low levered, with a debt equity ratio of below 1.0, and recently issued its first NCD of Rs 20 Cr. Financial highlights include a 12% QoQ growth in iServeU's net revenue, reaching Rs. 15.3 Crores, and a 9% QoQ growth in Niyogin-NBFC's net revenue, reaching Rs. 7.8 Crores.
Key Highlights
- iServeU's financial performance: Gross revenue stood at Rs. 37.5 Crores; Net revenue stood at Rs. 15.3 Crores (up 12% QoQ); EBITDA and PBT stands at Rs. 1.8 Crores and Rs. 0.37 Crores respectively.
- iServeU's key contract wins: Strong traction in the contract pipeline, which has now grown to approximately Rs. 585 Crores comprising of over 31 contracts. Key wins this quarter include acquiring solutions for Central Bank of India and Bank of Maharashtra.
- Niyogin-NBFC: Partnerships and alliances remain the dominant sourcing channel, contributing ~91% of the overall AUM. The number of loans processed LTD crossed 1.96 lacs this quarter. AUM' increased by 15% sequentially to Rs. 320.3 Crores.
- Niyogin's first NCD issuance of Rs 20 Cr to broaden its source of funding.
- Financial highlights: Net Revenue for Q1FY26 was Rs. 24.2 Crores, a 9% QoQ growth; EBITDA was Rs. 2.3 Crores in Q1 FY 26 compared to Rs. 0.5 Crores in Q4 FY 25; PBT (Ex-ESOP) loss was Rs. 0.7 Crores for Q1 FY 26, compared to a loss of Rs. 3.1 Crores in Q4 FY 25.