Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 47.13 | 53.59 | 50.18 | 50.39 | 72.52 | 111.21 | 69.85 | 81.75 | 70.10 | 63.10 | 71.97 | 65.58 |
| Interest | 1.07 | 1.13 | 1.67 | 2.41 | 3.17 | 3.56 | 3.30 | 4.15 | 5.33 | 6.31 | 7.38 | 8.01 |
| Expenses | 55.55 | 55.38 | 50.40 | 56.06 | 71.20 | 112.46 | 69.58 | 80.42 | 67.36 | 69.46 | 65.91 | 61.25 |
| Financing Profit | -9.49 | -2.92 | -1.89 | -8.08 | -1.85 | -4.81 | -3.03 | -2.82 | -2.59 | -12.67 | -1.32 | -3.68 |
| Financing Margin % | -20.14% | -5.45% | -3.77% | -16.03% | -2.55% | -4.33% | -4.34% | -3.45% | -3.69% | -20.08% | -1.83% | -5.61% |
| Other Income | 0.27 | 0.17 | 1.10 | 0.40 | 0.37 | 2.00 | 2.26 | 4.39 | 6.18 | 17.12 | 5.43 | 1.18 |
| Depreciation | 1.96 | 2.07 | 2.17 | 2.19 | 2.57 | 2.44 | 2.33 | 2.33 | 2.67 | 2.62 | 2.69 | 3.65 |
| Profit before tax | -11.18 | -4.82 | -2.96 | -9.87 | -4.05 | -5.25 | -3.10 | -0.76 | 0.92 | 1.83 | 1.42 | -6.15 |
| Tax % | -12.34% | -4.77% | 28.38% | -0.30% | 4.94% | -6.48% | -186.45% | 143.42% | 31.52% | 73.77% | 21.83% | -18.70% |
| Net Profit | -9.80 | -4.59 | -3.81 | -9.84 | -4.25 | -4.91 | 2.68 | -1.86 | 0.63 | 0.48 | 1.11 | -5.01 |
| EPS in Rs | -0.72 | -0.33 | -0.22 | -0.68 | -0.44 | -0.51 | -0.03 | -0.14 | 0.03 | 0.01 | 0.06 | -0.24 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 | 50 | 103 | 110 | 196 | 304 | 287 | 271 |
| Interest | 0 | 1 | 1 | 2 | 5 | 14 | 24 | 27 |
| Expenses | 48 | 52 | 108 | 137 | 211 | 307 | 282 | 264 |
| Financing Profit | -21 | -3 | -6 | -30 | -20 | -17 | -19 | -20 |
| Financing Margin % | -74% | -5% | -6% | -27% | -10% | -6% | -7% | -7% |
| Other Income | 0 | 0 | 4 | 8 | 2 | 5 | 33 | 30 |
| Depreciation | 4 | 5 | 5 | 6 | 8 | 10 | 10 | 12 |
| Profit before tax | -25 | -7 | -8 | -28 | -26 | -22 | 3 | -2 |
| Tax % | -1% | 2% | -2% | 1% | -5% | -27% | 89% | |
| Net Profit | -25 | -7 | -8 | -28 | -25 | -16 | 0 | -3 |
| EPS in Rs | -2.78 | -0.74 | -0.63 | -1.87 | -1.76 | -1.43 | -0.04 | -0.14 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 42% | 38% | -19% | ||
| Compounded Profit Growth | % | 14% | 26% | 85% | ||
| Stock Price CAGR | 22% | -9% | -10% | -26% | ||
| Return on Equity | % | -4% | -4% | 0% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 86 | 94 | 94 | 94 | 95 | 111 | 111 |
| Reserves | 155 | 192 | 192 | 178 | 186 | 212 | 214 |
| Borrowing | 0 | 0 | 0 | 0 | 54 | 96 | 225 |
| Other Liabilities | 9 | 82 | 77 | 72 | 117 | 152 | 159 |
| Total Liabilities | 250 | 368 | 363 | 345 | 452 | 571 | 709 |
| Fixed Assets | 14 | 125 | 101 | 111 | 116 | 120 | 128 |
| CWIP | 0 | 0 | 0 | 0 | 1 | 12 | 17 |
| Investments | 60 | 80 | 63 | 7 | 2 | 4 | 1 |
| Other Assets | 177 | 163 | 199 | 226 | 333 | 435 | 563 |
| Total Assets | 250 | 368 | 363 | 345 | 452 | 571 | 709 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -104 | 110 | -70 | -58 | -37 | -86 | -81 |
| Cash from Investing Activity | 112 | -118 | 39 | 87 | -18 | -9 | -63 |
| Cash from Financing Activity | -1 | 47 | 0 | -3 | 70 | 91 | 124 |
| Net Cash Flow | 7 | 40 | -31 | 26 | 15 | -3 | -20 |
| Free Cash Flow | -104 | 75 | -72 | -59 | -39 | -109 | -98 |
| CFO/OP | 508% | -5,258% | 1,290% | 210% | 252% | 2,886% | -1,554% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| ROE % | -10% | -3% | -2% | -6% | -6% | -5% | -0% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 39.60% | 39.59% | 39.31% | 39.31% | 39.31% | 39.28% | 37.65% | 37.73% | 38.73% | 38.89% | 39.07% | 39.50% |
| FIIs | 17.24% | 16.55% | 16.29% | 16.05% | 15.92% | 14.08% | 19.40% | 19.39% | 19.53% | 19.53% | 19.53% | 19.53% |
| DIIs | 1.06% | 1.06% | 1.05% | 1.05% | 1.05% | 1.05% | 1.79% | 1.79% | 1.93% | 1.90% | 1.99% | 2.04% |
| Public | 42.10% | 42.80% | 43.35% | 43.60% | 43.72% | 45.58% | 41.17% | 41.11% | 39.80% | 39.67% | 39.41% | 38.92% |
| No. of Shareholders | 6,817 | 7,691 | 8,168 | 8,950 | 9,176 | 11,621 | 11,339 | 11,139 | 10,582 | 10,517 | 10,308 | 10,138 |
Fundamentals
Market Cap₹ 564 Cr.
Current Price₹ 50.7
Book Value₹ 29.2
ROCE5.79 %
ROE-0.12 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-19%
Compounded Profit Growth (TTM)85%
Consolidated figures.
Valuation
Market capRs 457 Cr
Enterprise valueRs 368 Cr
Price to book1.68x
Price to sales1.69x
EV / EBITDA10.02x
EV / EBIT14.67x
EV / sales1.36x
Earnings yield-0.37%
P/B, 3-year average1.77x
Profitability
Operating margin (excl. other income)-25.43%
Operating margin (incl. other income)-18.46%
EBITDA margin13.55%
Pre-tax margin-0.73%
Net profit margin-0.62%
Net margin, latest quarter-4.15%
ROE-6.32%
ROCE-9.42%
ROA-4.99%
ROE, 3-year average-3.68%
ROCE, 3-year average-4.76%
ROA, 3-year average-2.95%
ROIC (approx.)13.80%
Tax rate-0.92%
Other income / net worth2.80%
Growth
Sales growth (latest year)6.34%
Sales CAGR, 3 years57.74%
Sales growth QoQ-8.88%
Profit growth QoQ-483.10%
Sales growth YoY (latest quarter)-19.78%
Per share
EPS (TTM)Rs -0.18
EPS (latest year)Rs -1.87
EPS (latest quarter)Rs -0.29
EPS, 3-year averageRs -1.08
Book value per shareRs 28.89
Sales per shareRs 28.70
Cash flow per shareRs -6.19
Free cash flow per shareRs -10.39
Efficiency
Asset turnover0.32x
Fixed asset turnover0.98x
Inventory turnover16.25x
Inventory days22 days
Debtor days76 days
Debtors turnover4.78x
Leverage
Total debtRs 0 Cr
Cash and bankRs 89 Cr
Net debtRs -89 Cr
Debt to equity0.00x
Net debt / EBITDA-2.44x
Interest coverage0.93x
Owners' fund to total sources79.10%
Debt to assets0.02%
Cash flow
Cash from Operating Activity (latest year)Rs -58 Cr
Cash from Investing Activity (latest year)Rs 87 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs 26 Cr
Free cash flow (latest year)Rs -98 Cr
FCFE (approx.: FCF + change in debt)Rs -98 Cr
Statement figures
Net sales (TTM)Rs 271 Cr
Net sales (latest year)Rs 110 Cr
Sales (latest quarter)Rs 66 Cr
Operating profit excl. other income (latest year)Rs -28 Cr
Operating profit (latest quarter)Rs 4 Cr
Other income (TTM)Rs 30 Cr
EBITDA (TTM)Rs 37 Cr
PBDT (TTM)Rs 10 Cr
Profit before tax (TTM)Rs -2 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs -2 Cr
Net profit (latest year)Rs -18 Cr
Net profit (latest quarter)Rs -3 Cr
Depreciation (TTM)Rs 12 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 27 Cr
Cost of goods sold (latest year)Rs 84 Cr
Total expenditure (latest year)Rs 137 Cr
Total income (latest year)Rs 117 Cr
Share capitalRs 94 Cr
ReservesRs 178 Cr
Shareholders' fundsRs 273 Cr
Total assetsRs 345 Cr
Net blockRs 111 Cr
Capital work in progressRs 0 Cr
InvestmentsRs 7 Cr
ReceivablesRs 23 Cr
InventoryRs 5 Cr
Other liabilitiesRs 72 Cr
Shares outstanding (crore)9.43
Ownership
Promoter holding39.50% (+1.77 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 1.68 is at the 24th percentile (median 1.99).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 538772 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -9.6% | -2.8% | -6.8 pts |
| 1 month | -15.0% | -6.8% | -8.2 pts |
| 3 months | +12.5% | -7.6% | +20.2 pts |
| 3 years | -31.0% | +14.2% | -45.1 pts |
| 5 years | -43.3% | +27.9% | -71.2 pts |
Red flags
F-score 3 of 8| explain | High accruals Profit exceeded operating cash by 12% of total assets in 2026 |
| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Revenue ₹66 Cr -19.8% vs Jun 2025.
Net loss ₹5 Cr.
Activity
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| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
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| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Niyogin Fintech Ltd?
Niyogin Fintech Ltd (538772) has a market capitalisation of Rs 564 Cr. at the 2026-10-01 close.
What were Niyogin Fintech Ltd's latest quarterly results?
In the Jun 2026 quarter, Niyogin Fintech Ltd revenue was Rs 66 Cr (-19.8% vs Jun 2025) with a net loss of Rs 5 Cr.