Niyogin Fintech Limited, a publicly listed fintech platform, has reported a significant increase in its gross loan assets under management (AUM) for the second quarter of fiscal year 2026. The company's latest business update reveals strong growth across key financial metrics.

Loan Portfolio Expansion

Niyogin Fintech's gross loan AUM saw a substantial year-over-year (YoY) growth of 44.2%, rising from Rs. 236.20 crores in Q2 FY2025 to Rs. 340.50 crores in Q2 FY2026. This growth indicates a robust expansion in the company's lending portfolio.

Quarterly Performance

The company also demonstrated positive quarter-over-quarter (QoQ) growth:

IserveU Tech Performance

IserveU Tech, a part of Niyogin Fintech, showed impressive growth:

• Net revenue increased by 65.8% YoY, from Rs. 10.10 crores in Q2 FY2025 to Rs. 16.80 crores in Q2 FY2026.
• The IserveU Tech order book stood at approximately Rs. 595.00 crores, up from Rs. 585.00 crores at the end of the previous quarter.

Management Commentary

Tashwinder Singh, CEO and Managing Director of Niyogin Fintech Limited, commented on the company's performance: "Our businesses continue to demonstrate strong operational momentum, reflecting consistent execution against our strategic priorities."

Additional Insights

• The company's gross loan AUM has shown consistent growth over the past year, with a 52.7% YoY increase from Q1 FY2025 to Q1 FY2026.
• IserveU Tech's net revenue growth has been particularly strong, with a 167% YoY increase from Q1 FY2025 to Q1 FY2026.

It's important to note that the figures provided are provisional and subject to approval by the Audit Committee, Board of Directors, and Statutory Auditors.

Niyogin Fintech's performance update demonstrates the company's continued growth in its loan portfolio and tech-based services, positioning it as a notable player in the fintech sector.

Niyogin Fintech Limited has announced a significant addition to its leadership team with the appointment of Mr. Mahesh Chandankar as the new Head of Credit, effective September 15, 2025. This strategic move, approved by the company's Board of Directors upon recommendation from the Nomination and Remuneration Committee, aims to bolster Niyogin's credit and risk management capabilities.

Expertise and Experience

Mr. Chandankar brings over 13 years of extensive experience in Credit & Risk management across various Banks and Non-Banking Financial Companies (NBFCs). His appointment is expected to enhance Niyogin's credit strategies and risk analytics capabilities.

Strategic Risk Analytics Leader

Described as a strategic risk analytics leader, Mr. Chandankar's expertise spans:

• Machine learning and artificial intelligence applications in finance
• Statistical inference for BFSI (Banking, Financial Services, and Insurance) sector solutions
• Designing credit policies and portfolio management for consumer and MSME products

His experience covers a wide range of financial products, including:

• Credit Cards
• Personal Loans
• Business Loans
• Cash Credit
• Term Loans

Appointment Details

The appointment of Mr. Chandankar as Head of Credit is effective from September 15, 2025. According to the company's disclosure, his term is co-terminus with his employment at Niyogin Fintech Limited.

Company's Perspective

Tashwinder Singh, MD & CEO of Niyogin Fintech Limited, signed off on the appointment announcement, indicating the company's commitment to strengthening its credit and risk management framework. This move aligns with Niyogin's strategy to enhance its capabilities in data-driven financial solutions and regulatory compliance.

Market Implications

The addition of Mr. Chandankar to Niyogin's leadership team could potentially signal the company's focus on:

1. Enhancing risk analytics practices
2. Improving credit policy frameworks
3. Leveraging advanced technologies in credit decision-making processes

As Niyogin Fintech continues to evolve in the competitive fintech landscape, this appointment may be seen as a step towards refining its credit offerings and risk management strategies, potentially impacting its market position and financial performance in the coming years.