| Metric | Value (₹ Cr) | vs Q1 FY26 |
|---|---|---|
| Revenue | 70.10 | 14.3% |
| Total Income | 76.28 | 11.4% |
| Expenditure | 75.35 | 13.3% |
| PBT | 0.92 | 221.6% |
| Net Profit | 0.63 | 134.1% |
| OPM | 3.91% | 2.28pp |
| NPM | 0.83% | 2.98pp |
| EPS | 0.02 | 85.7% |
Niyogin Fintech Q2 FY26: Profitable Growth with 13% QoQ Revenue Increase in iServeU and 6% Sequential AUM Growth in NBFC
13 Nov 2025 · 13 Nov 2025, 10:23 pm
Summary
Niyogin Fintech Ltd. has reported profitable growth in Q2 FY26 with a 13% QoQ increase in net revenue for iServeU and a 6% sequential AUM growth in NBFC. The company raised Rs 65 Cr in borrowings during the quarter, with 50% of the loan book now under the EDI model. iServeU's order book stands at a healthy ~Rs. 623 Crores across 39 contracts.
Key Highlights
- 1
iServeU’s financial performance: Net revenue stood at Rs. 17.2 Crores (up 13% QoQ); EBITDA and PBT stands at Rs. 3.5 Crores and Rs. 1.0 Crores respectively.
- 2
iServeU’s key contract wins: UPI solution for PNB and international billing with the first client in the UAE.
- 3
NBFC: Partnerships and alliances remain the dominant sourcing channel, contributing 92% of the overall AUM.
- 4
The number of loans processed LTD crossed 2.1 lacs this quarter.
- 5
Gross Disbursement for the quarter is 138 crores.
- 6
Five Straight Quarters of Positive EBITDA for iServeU.
- 7
Order book stands at Rs 623 Cr for iServeU.
Management Comments
Tashwinder
Q2FY26 continued to deliver the success we saw in Q1 of this year and saw us delivering on our promise of profitable growth. Our key businesses - NBFC and ISU were both able to deliver results in line with our guidance.
Informational and educational content only. Not investment advice.