Niyogin Fintech Limited has announced its financial results for the second quarter, demonstrating profitable growth and strategic investments in its subsidiaries.

Financial Highlights

Niyogin Fintech reported consolidated net revenue of Rs. 25.9 crores for Q2, marking a significant improvement from the previous quarter. The company achieved positive EBITDA of Rs. 4.9 crores, showcasing its operational efficiency.

All figures in Rs. crores

Business Segment Performance

iServeU Division

• Secured an order book of Rs. 623 crores, including a UPI solution for Punjab National Bank
• Achieved fifth consecutive EBITDA-positive quarter
• Gross revenue of Rs. 40.1 crores and net revenue of Rs. 17.2 crores (up 12.5% QoQ)
• EBITDA of Rs. 3.5 crores and PBT of Rs. 1.0 crore

NBFC Operations

• Assets Under Management (AUM) grew to Rs. 340.5 crores, a 6% sequential increase
• 92% of AUM sourced through partnerships
• Raised Rs. 65 crores during Q2, including Rs. 20 crores in NCDs

Strategic Investments

The Board of Directors has approved an investment of Rs. 10 crores in the equity share capital of Niyogin Finserv Limited, a wholly-owned subsidiary. This investment aligns with the requirement for Niyogin Finserv Limited to have a minimum regulatory Net Owned Fund of Rs. 10 crores for its NBFC-ICC registration application with the RBI.

Management Commentary

Tashwinder Singh, CEO and Managing Director of Niyogin Fintech Limited, stated, "Q2 represents a significant step forward for Niyogin, reinforcing the momentum we created in Q1 and delivering on our aspiration of profitable growth. Our core businesses — Niyogin (NBFC) and ISU — performed solidly and in line with guidance, reflecting our disciplined execution and strong operating fundamentals."

Future Outlook

The company remains actively engaged with regulators to operationalize its demerger scheme, which continues to be a high-priority initiative. With a strengthened order book pipeline and growing AUM, Niyogin Fintech is positioned for continued growth in the coming quarters.

Investors should note that the company maintains a prudent balance sheet with a debt-to-equity ratio below 1.0, indicating a conservative financial approach as it pursues growth opportunities.

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.