Chairman Speech at the 31st AGM of the Company M/s. Nihar Info Global Limited held on 30.09.2025 via VC/OAVM mode at the Registered Office of the Company.
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Nihar Info Global reported strong revenue growth in FY25, with standalone revenue up 51.8% to ₹483.03 lakhs and consolidated revenue up 140.4% to ₹772 lakhs. The company posted net losses of ₹364.32 lakhs (standalone) and ₹357 lakhs (consolidated), primarily due to legacy asset write-offs (including the defunct Nihar e-centre) and ₹82.35 lakhs in non-recoverable advances to Siri Cybertech. Subsidiary Life 108 Healthcare grew 300% to ₹3.47 crores, while BeastBells Media grew 200% to ₹11.27 lakhs. The Board proposed a rights issue of over ₹10 crores in a 1:1 ratio, plus an increase in authorized share capital from ₹4 crores to ₹23 crores, to fund expansion in e-commerce, e-pharmacy, and media. No dividend was declared, with funds reserved for working capital and growth investments.
Shareholders should note the significant revenue growth and balance sheet cleanup, but the company remains loss-making and is raising fresh capital via a rights issue (1:1 ratio), which will dilute existing holdings unless fully subscribed. The proposed expansion in healthcare and media is positive for long-term growth, but execution risk remains given the current losses.