Niyogin Fintech Limited

BSE: NIYOGIN538772ISIN INE480D01010

Financial Services
Non Banking Financial Company (NBFC)

Share price

₹45.48+1.79 (+4.10%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹72.87
52W low: ₹30.20
Off 52W high: -37.59%
1M return: -1.92%
3M return: -4.71%
6M return: -5.07%
1Y return: -25.78%
20D avg volume: 30,707
50 DMA: ₹50.19
200 DMA: ₹45.70

Key ratios Consolidated

Market cap: ₹505.95 Cr
Current price: ₹45.48
52W high / low: ₹72.87 / ₹30.20
Face value: ₹10.00
P/E: -181.74
P/B: 1.56
EPS (TTM): ₹-0.25
Book value / share: ₹29.23
ROE: —
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 0.43
Net debt: ₹86.35 Cr
Interest cover: 1.15
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	65.58	71.97	63.10	70.10	81.75	69.85	111.21	72.52	50.39	50.18	53.60	47.13
	1.18	5.43	17.89	6.18	4.39	2.27	2.00	0.37	0.40	1.10	0.17	0.27
	66.76	77.41	80.99	76.28	86.14	72.11	113.22	72.89	50.80	51.28	53.77	47.40
	72.91	75.99	78.39	75.35	86.90	75.22	118.46	76.94	60.66	54.25	58.59	58.58
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	2.98	5.31	7.59	5.72	8.96	9.32	5.70	6.11	5.16	3.03	1.05	0.47
	10.23	10.56	11.24	10.35	11.30	13.27	11.30	10.86	12.09	11.09	11.43	10.94
	8.01	7.38	6.31	5.33	4.15	3.30	3.56	3.17	2.41	1.67	1.13	1.07
	3.65	2.69	2.62	2.67	2.33	2.33	2.44	2.57	2.19	2.17	2.07	1.96
	15.59	14.09	12.15	17.03	29.68	17.52	—	—	—	0.70	0.53	—
	-6.16	1.42	2.60	0.92	-0.76	-3.10	-5.25	-4.04	-9.87	-2.97	-4.82	-11.18
	0.00	0.00	-0.78	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	-6.16	1.42	1.83	0.92	-0.76	-3.10	-5.25	-4.04	-9.87	-2.97	-4.82	-11.18
	-1.15	0.31	1.35	0.29	1.09	-5.78	—	—	—	—	—	—
	-5.01	1.11	0.48	0.63	-1.85	2.67	-4.91	-4.19	-9.84	-3.81	-4.59	-9.80
	-0.24	0.06	0.01	0.02	-0.14	-0.02	-0.51	-0.44	-0.68	-0.22	-0.33	-0.72
Key metrics
	—	—	—	—	—	—	0.75	1.70	-5.27	0.87	-1.62	-8.15
	—	—	—	—	—	—	0.70%	2.30%	-10.50%	1.70%	-3.00%	-17.30%
	-7.60%	1.50%	0.80%	0.90%	-2.30%	3.80%	-4.40%	-5.80%	-19.50%	-7.60%	-8.60%	-20.80%
	-19.80%	3.00%	-43.30%	-3.30%	62.20%	39.20%	107.50%	53.90%	—	—	—	—
	-170.80%	-58.40%	109.80%	115.00%	81.20%	170.10%	-7.00%	57.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	270.75	286.93	303.98	195.77	108.67	102.82
	30.68	33.88	5.04	2.23	8.51	4.26
	301.44	320.81	309.02	198.00	117.18	107.08
	302.64	316.63	331.29	224.12	145.31	114.81
	0.00	0.00	0.00	0.00	0.00	0.00
	21.60	27.57	26.29	4.55	11.76	30.34
	42.38	43.44	47.52	43.34	35.37	29.01
	27.03	23.17	12.43	4.65	0.82	0.20
	11.63	10.31	9.54	8.10	6.10	5.39
	58.86	72.95	90.10	3.37	3.65	—
	-1.22	4.18	-22.27	-26.12	-28.13	-7.73
	-0.78	-0.78	0.00	0.00	0.00	0.00
	-1.99	3.41	-22.27	-26.12	-28.13	-7.73
	0.80	3.04	-5.94	—	—	—
	-2.79	0.37	-16.33	-24.84	-28.39	-7.60
	-0.15	-0.05	-1.64	-1.78	-1.87	-0.63
Key metrics
	—	—	—	-13.37	-21.21	-2.14
	—	—	—	-6.80%	-19.50%	-2.10%
	-1.03%	0.10%	-5.40%	-12.70%	-26.10%	-7.40%
	-19.26%	-5.60%	55.30%	80.20%	5.70%	—
	—	102.30%	34.30%	12.50%	-273.60%	—
	—	-86.97	-85.50	—	—	—
	—	-218.78	5.21	—	—	—
	—	0.43	0.29	—	—	—
	—	86.35	21.46	—	—	—
Balance sheet
	—	709.48	571.08	—	—	—
	—	55.07	74.58	—	—	—
	—	44.91	35.58	—	—	—
	—	10.23	7.07	—	—	—
	—	6.45	1.63	—	—	—
	—	141.42	96.04	—	—	—
	—	332.10	328.99	—	—	—
Cash flow
	—	-80.95	-85.09	—	—	—
	—	-62.97	-8.81	—	—	—
	—	124.41	90.59	—	—	—
	—	6.02	0.41	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	29.19	26.06	25.62	26.50	25.29	23.34	20.12	16.95	16.03	13.64	10.63	8.79
	0.62	3.88	8.27	1.19	1.12	1.04	0.73	0.10	0.07	0.87	0.06	0.12
	29.81	29.95	33.89	27.69	26.40	24.39	20.85	17.05	16.10	14.51	10.70	8.91
	29.00	28.40	32.67	25.94	25.81	26.71	23.73	19.15	18.56	14.85	12.24	12.47
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	3.74	3.88	4.22	4.19	5.31	5.85	5.28	5.47	5.82	5.40	5.04	5.45
	4.83	4.35	4.17	3.47	2.88	2.40	2.67	2.03	1.45	0.96	0.36	0.44
	0.22	0.23	0.24	0.24	0.25	0.15	0.34	0.28	0.25	0.25	0.25	0.20
	2.10	1.20	1.50	1.56	1.45	2.78	—	—	—	—	—	—
	0.82	1.54	1.22	1.75	0.60	-2.33	-2.88	-2.10	-2.46	-0.34	-1.54	-3.57
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.82	1.54	1.22	1.75	0.60	-2.33	-2.88	-2.10	-2.46	-0.34	-1.54	-3.57
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.82	1.54	1.22	1.75	0.60	-2.33	-2.88	-2.10	-2.46	-0.34	-1.54	-3.57
	0.07	0.14	0.11	0.16	0.05	-0.23	-0.30	-0.22	-0.26	-0.04	-0.16	-0.38
Key metrics
	—	—	—	—	—	—	0.13	0.21	-0.76	0.87	-0.93	-2.93
	—	—	—	—	—	—	0.60%	1.20%	-4.70%	6.40%	-8.70%	-33.30%
	2.80%	5.90%	4.80%	6.60%	2.40%	-10.00%	-14.30%	-12.40%	-15.30%	-2.50%	-14.50%	-40.60%
	15.40%	11.70%	27.30%	56.30%	57.80%	71.10%	89.30%	92.80%	—	—	—	—
	36.70%	166.10%	142.40%	183.30%	124.40%	-585.30%	-87.00%	41.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	107.37	103.47	76.44	40.35	24.05	21.88
	13.96	14.45	1.94	1.39	2.27	2.51
	121.34	117.93	78.38	41.73	26.32	24.39
	116.01	112.81	88.16	49.29	32.69	28.59
	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00
	16.03	17.60	22.41	20.92	17.45	17.79
	16.82	14.87	8.55	1.97	0.06	0.14
	0.93	0.96	1.02	0.82	0.47	0.71
	6.36	5.72	8.77	—	—	—
	5.33	5.11	-9.78	-7.55	-6.37	-4.20
	0.00	0.00	0.00	0.00	0.00	0.00
	5.33	5.11	-9.78	-7.55	-6.37	-4.20
	0.00	0.00	0.00	—	—	—
	5.33	5.11	-9.78	-7.55	-6.37	-4.20
	0.48	0.46	-1.01	-0.80	-0.68	-0.45
Key metrics
	—	—	—	-4.76	-5.84	-3.35
	—	—	—	-11.80%	-24.30%	-15.30%
	4.96%	4.90%	-12.80%	-18.70%	-26.50%	-19.20%
	25.29%	35.40%	89.40%	67.80%	9.90%	—
	—	152.20%	-29.50%	-18.50%	-51.70%	—
	—	-62.53	-79.74	—	—	—
	—	-12.21	8.14	—	—	—
	—	0.27	0.25	—	—	—
	—	86.63	26.10	—	—	—
Balance sheet
	—	534.81	477.15	—	—	—
	—	11.98	63.05	—	—	—
	—	0.78	1.82	—	—	—
	—	0.00	0.00	—	—	—
	—	0.21	0.30	—	—	—
	—	98.61	89.15	—	—	—
	—	360.52	352.90	—	—	—
Cash flow
	—	-62.41	-79.64	—	—	—
	—	-24.22	-8.86	—	—	—
	—	35.56	97.85	—	—	—
	—	0.12	0.10	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +62.64%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): +25.29%
Profit YoY (TTM): +179.43%

Consolidated

Sales CAGR 3Y: +38.22%
Sales CAGR 5Y: —
Profit CAGR 3Y: —
Profit CAGR 5Y: —
Sales YoY (TTM): -19.26%
Profit YoY (TTM): +66.30%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 39.49%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	39.49%	39.49%	39.49%

Holder	Type	Holding	Previous	Change
Amit Rajpal	Promoter	29.07%	29.07%	0.00%
THINK INDIA OPPORTUNITIES MASTER FUND LP	Public	8.17%	8.17%	0.00%
COHESION MK BEST IDEAS SUB-TRUST	Public	7.57%	7.57%	0.00%
Jayashree Makarand Patankar	Promoter	6.53%	6.53%	0.00%
STRATEGIC INDIA EQUITY FUND	Public	6.52%	6.52%	0.00%
MADHURI MADHUSUDAN KELA	Public	4.51%	4.51%	0.00%
Makarand Ram Patankar	Promoter	3.89%	3.89%	0.00%
VIKASA INDIA EIF I FUND	Public	3.14%	3.14%	0.00%
MR. DEBIPRASAD SARANGI	Public	2.97%	2.97%	0.00%
CAPRI GLOBAL VENTURES PRIVATE LIMITED	Public	2.21%	2.21%	0.00%
AIONIOS ALPHA FUND - AIONIOS ALPHA FUND I	Public	1.75%	1.75%	0.00%
Gaurav Patankar	Promoter Group	0.00%	0.00%	0.00%
Sumit Rajpal	Promoter Group	0.00%	0.00%	0.00%
Sudershan Rajpal	Promoter Group	0.00%	0.00%	0.00%
Malhar Rajpal	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Bajaj Finance Limited	6,18,269	993.05	28.02	—	+18.82% TTM	+18.85% TTM	-6.05%
Shriram Finance Limited	2,13,119	905.70	16.80	—	+13.76% TTM	+28.60% TTM	+13.74%
Tata Capital Limited	1,43,392	337.80	23.16	—	—	—	+2.57%
Cholamandalam Investment and Finance Company Ltd	1,42,265	1,659.05	22.87	—	+21.13% TTM	+33.94% TTM	-5.48%
MUTHOOT FINANCE LIMITED	1,08,792	2,709.85	8.83	—	+47.27% TTM	+70.66% TTM	-15.07%
L&T Finance Limited	66,033	263.45	19.22	—	+20.11% TTM	+27.39% TTM	-5.93%
SBI CARDS AND PAYMENT SERVICES LIMITED S	52,626	553.00	20.18	—	+5.81% TTM	+35.96% TTM	-37.17%
Piramal Finance Limited	45,975	1,942.90	24.08	—	—	—	—
SUNDARAM FINANCE LTD	44,403	3,996.55	27.42	—	—	—	-16.26%
Authum Investment & Infrastructure Limited	43,913	517.10	25.16	—	-24.30% TTM	-56.50% TTM	-10.17%
HDB FINANCIAL SERVICES LIMITED S	42,098	506.65	14.22	—	—	—	-30.70%
POONAWALLA FINCORP LIMITED	41,349	469.55	38.02	—	+75.12% TTM	+399.21% TTM	-0.70%
Mahindra & Mahindra Financial Services Limited	37,542	270.05	10.42	—	+14.94% TTM	+45.99% TTM	-15.21%
Manappuram Finance Limited	29,495	314.00	20.41	—	+4.79% TTM	+85.35% TTM	+17.85%
IIFL FINANCE LIMITED	24,697	578.65	9.35	—	+35.37% TTM	+157.78% TTM	+7.38%
Capri Global Capital Limited	23,121	240.30	17.65	—	+52.88% TTM	+82.77% TTM	+21.89%
Five-Star Business Finance Ltd. S	11,724	397.15	10.50	—	+8.28% TTM	+1.05% TTM	-39.17%
SBFC Finance Limited	9,820	88.32	28.37	—	+28.23% TTM	+45.63% TTM	-24.80%
PAISALO DIGITAL LIMITED	7,279	77.43	27.42	—	+23.60% TTM	+27.97% TTM	+101.17%
Bengal & Assam Company Limited	6,477	5,680.00	8.29	—	+12.05% TTM	+3.26% TTM	-25.74%
Fedbank Financial Services Limited S	5,923	157.85	13.66	—	+21.29% TTM	+76.56% TTM	+10.46%
Mrugesh Trading Ltd. S	5,665	78.41	—	-0.30%	+21.12% TTM	+94.74% TTM	+3,464.09%
SG FINSERVE LIMITED S	4,670	708.75	24.95	—	+104.57% TTM	+86.47% TTM	+85.76%
MAS Financial Services Limited	4,607	253.90	10.89	—	+22.72% TTM	+23.77% TTM	-19.01%
Northern Arc Capital Ltd.	4,481	276.95	9.38	—	+29.02% TTM	+70.21% TTM	+0.64%
Niyogin Fintech Limited	506	45.48	-181.74	—	-19.26% TTM	+66.30% TTM	-25.78%

Filings & corporate actions

Recent announcements

Please find enclosed the Scrutinizers Report and Voting Results of the meeting of Unsecured Creditors of the Company convened pursuant to the Order of the Hon''ble NCLT, Chennai Bench2 Nov 2026 · Company Update / General
Please find enclosed the Scrutinizers Report and Voting Results of the meeting of Secured Creditors of the Company convened pursuant to the Order of Hon''ble NCLT, Chennai Bench2 Nov 2026 · Company Update / General
Please find enclosed voting results of the meeting of equity shareholders of the Company convened pursuant to the Order of the Hon''ble Chennai Bench2 Nov 2026 · AGM/EGM / Court Convened Meeting
Please find enclosed2 Nov 2026 · AGM/EGM / Court Convened Meeting
Please find enclosed proceedings of the meeting of Unsecured Creditors of the Company convened pursuant to the Order of the Hon''ble NCLT, Chennai Bench30 Oct 2026 · Company Update / General
Please find enclosed proceedings of the meeting of Secured Creditors of the Company convened pursuant to the Order of Hon''ble NCLT, Chennai Bench30 Oct 2026 · Company Update / General
Please find enclosed proceedings of the meeting of equity shareholders of the Company convened pursuant to the order of Hon''ble NCLT, Chennai Bench30 Oct 2026 · AGM/EGM / Court Convened Meeting
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith a copy of the certificate for the quarter ended September 30, 2026, ....13 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Please find enclosed30 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed29 Sep 2026 · Company Update / Newspaper Publication
Please find enclosed notice of the meeting of the Unsecured creditors of the Company pursuant to the order of the Hon''ble NCLT, Chennai bench in relation to the Scheme.29 Sep 2026 · AGM/EGM / Court Convened Meeting
Please find enclosed notice of the meeting of the Secured creditors of the Company pursuant to the order of the Hon''ble NCLT, Chennai Bench in relation to the Scheme.29 Sep 2026 · AGM/EGM / Court Convened Meeting
Please find enclosed notice of the meeting of the equity shareholders pursuant to the order of the Hon''ble NCLT, Chennai Bench pursuant to the Scheme.29 Sep 2026 · AGM/EGM / Court Convened Meeting
Please find enclosed25 Sep 2026 · Company Update / Resignation of Chief Financial Officer (CFO)
Please find enclosed25 Sep 2026 · Company Update / Change in Management
Please find enclosed24 Sep 2026 · AGM/EGM / AGM
Please find enclosed24 Sep 2026 · AGM/EGM / AGM
Please find enclosed summary of the Annual General Meeting held on Wednesday, September 23, 202623 Sep 2026 · AGM/EGM / AGM
Receipt of Order from Hon''ble NCLT, Chennai Bench22 Sep 2026 · Company Update / Scheme of Arrangement
The trading window for all designated persons of the Company and their immediate relatives shall remain closed with effect from Thursday, October 01, 2026 till 48 hours after the declaration ....21 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Please find enclosed.9 Sep 2026 · Company Update / Press Release / Media Release
Please find enclosed.28 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed the Annual Report for the FY 2-25-2026 along with the Notice of the 38th Annual General Meeting of the Company27 Aug 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed Notice of the 38th Annual General Meeting along with the Annual Report of the Company for the FY 2025-202627 Aug 2026 · AGM/EGM / AGM
Please find enclosed the newspaper publication of prior intimation for information on the 38th Annual General Meeting of the Company22 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed the newspaper publication of the Unaudited Financial Results (Standalone & Consolidated) for the quarter ended June 30, 202615 Aug 2026 · Company Update / Newspaper Publication
Please find enclosed13 Aug 2026 · Company Update / General
Intimation of sale of shares of material subsidiary company13 Aug 2026 · Company Update / Diversification / Disinvestment
Please find enclosed Investor Presentation - Q1 FY2713 Aug 2026 · Company Update / Investor Presentation
Please find enclosed Press Release: Q1 FY27 Results: Niyogin continues strategic execution across iServeU and NBFC Businesses in Q1 FY2713 Aug 2026 · Company Update / Press Release / Media Release
Please find enclosed CEO''s letter to shareholders for the quarter ended June 30, 202613 Aug 2026 · Company Update / General
Please find enclosed13 Aug 2026 · Company Update / Change in Management
Please find enclosed13 Aug 2026 · Result / Financial Results
Please find enclosed13 Aug 2026 · Board Meeting / Outcome of Board Meeting
Please find enclosed herewith11 Aug 2026 · Company Update / General
The Exchange has sought clarification from Niyogin Fintech Ltd on August 11, 2026 with reference to significant movement in price, in order to ensure that investors have latest relevant ....11 Aug 2026 · Company Update / Clarification
Niyogin Fintech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2026 ,inter alia, to consider and approve the Unaudited Financial Results ....10 Aug 2026 · Board Meeting / Board Meeting
Please find enclosed herewith the Business Update for Q1 FY202724 Jul 2026 · Company Update / Press Release / Media Release
Mr. Nitin Jaiswal (DIN: 11148525) submitted his resignation as an Independent Director of Investdirect Capital Services Private Limited, the material unlisted subsidiary of the Company ....16 Jul 2026 · Company Update / General
Pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, please find enclosed herewith a copy of the certificate for the quarter ended June 30, 2026, ....8 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Board meetings

13 Aug 2026 Board Meeting - Financial Results