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Earnings Call

Niyogin Fintech Earnings Call: Key Takeaways

Niyogin achieved its first full year of consolidated profitability in FY26, driven by strong growth in iServeU and a turnaround in the NBFC business.

Why this was an Alfa AlertiServeU EBITDA margin beat: Guided 15-18% for Q4 FY26, achieved 28.7%, representing a massive 59% beat above the guided upper end.
Highlights
Revenue growthNet revenue increased 57% YoY in FY26.
MarginsImproving; iServeU EBITDA margins at 28.7% in Q4 FY26.
Order book₹611 Cr across 45 contracts for TSP/SaaS business.
Demand visibilityStrong; iServeU order book at ~₹611 Cr across 45 contracts.
Management confidenceHigh, stating FY26 as a defining year for profitability.

Growth

FY26 Net Revenue up 57% YoY to ₹106 Cr; PBT (ex-ESOP) reached ₹5.2 Cr from ₹19.0 Cr loss.

Outlook

FY27 Guidance: iServeU Net Revenue ₹125-135 Cr; NBFC AUM ₹520-550 Cr with PBT ₹11-12 Cr.

Risks

Focus remains on resolving existing Stage 3 assets to improve underlying portfolio quality.

Source

Earnings Call filed with BSE, NSE: M3GLOBAL. Summary written with AI assistance from the document.

Read the document ↗

Niyogin Fintech Ltd: key numbers

Share price
₹50.85
Market cap
₹564.4 Cr
Revenue (annual)
₹286.9 Cr
Net profit (annual)
₹-0.47 Cr
P/E (TTM)
-337.5×Sector 22.0×
Promoter holding
39.50%+0.43% QoQ
FII holding
19.53%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Execution
36 months