| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 71.97 | 14.1% | 3.0% |
| Total Income | 77.41 | 4.4% | 7.3% |
| Expenditure | 75.99 | 3.1% | 1.0% |
| PBT | 1.42 | 22.3% | 145.7% |
| Net Profit | 1.11 | 132.5% | 58.4% |
| OPM | 8.41% | 19.70pp | 8.04pp |
| NPM | 1.44% | 0.85pp | 2.27pp |
| EPS | 0.06 | 500.0% | 200.0% |
Niyogin Fintech FY26 PBT at ₹4.7 Cr vs ₹19 Cr Loss YoY
14 May 2026 · 14 May, 9:31 pm
Summary
Niyogin reported a landmark FY26, achieving full-year consolidated profitability with Consolidated PBT (Ex-ESOP) improving to ₹4.7 crore from a loss of ₹19.0 crore in FY25. Consolidated net revenue for the year grew by a robust 57% year-over-year to ₹106.0 crore. The iServeu business maintained a strong order book of approximately ₹611 crore, while the NBFC segment saw its AUM increase by 26% year-over-year to ₹352 crore. Management expressed confidence in continued growth and sustained profitability for both key businesses in the coming year, projecting healthy net revenue and EBITDA margins for iServeu, and significant AUM and net profit growth for the NBFC in FY27.
Key Highlights
- 1
Niyogin achieved full-year consolidated profitability for FY26, with Consolidated PBT (Ex-ESOP) improving significantly to ₹4.7 crore from a loss of ₹19.0 crore in FY25.
- 2
Consolidated Net Revenue for FY26 grew by a robust 57% year-over-year, reaching ₹106.0 crore compared to ₹67.4 crore in FY25.
- 3
The iServeu business secured a healthy order book of approximately ₹611 crore across 45 contracts, including soundbox and POS solutions.
- 4
The NBFC business concluded FY26 with Assets Under Management (AUM) increasing to ₹352 crore, marking a 26% year-over-year growth.
- 5
iServeu's core revenue (net of RBI subsidy) in Q4 FY26 rose by almost 55% quarter-on-quarter to ₹21 crore, demonstrating strong sequential growth.
- 6
The company successfully raised ₹55 crore in Q4 FY26, contributing to a total funding of ₹171 crore for the fiscal year, thereby strengthening its liquidity position.
- 7
The demerger journey progressed with approvals received from the Reserve Bank of India, in addition to existing SEBI and BSE approvals, moving closer to NCLT Chennai for finalization.
Management Comments
Tashwinder
As we step into the new year, we feel confident in our ability to continue to deliver on the promise of growth and sustained profitability for our business.
Tashwinder
On the demerger journey, I am happy to report that we have received the approval from the Reserve Bank of India. With SEBI, BSE and RBI approvals in place, we are now ready to approach the NCLT Chennai for the final approval to give effect to the proposed scheme.
Tashwinder
We remain on track to meet our guidance backed by operational momentum, a robust pipeline and expanding client footprint. We are confident that our strategic initiatives, partner-first approach, and strong execution capabilities will continue to hold us in good stead as we continue this journey.
Informational and educational content only. Not investment advice.