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Revenue growth above 20%Net loss reportedRelated-party transactionsNegative operating cash flowResults View source PDF Explain this filing

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-1.5%Reaction day

₹71.99

prior close

₹69.70

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-1.5% vs market

Non Banking Financial Company (NBFC) peers, median of 203sector+0.0%-1.5% vs sector

On the reaction day the stock moved 1.5 pts less than Nifty Microcap 250 and 1.5 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-2.4

10m

+1.3

15m

+0.5

30m

+1.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-1.5-0.1-1.5+0.0-1.5

Next day

-8.8+0.5-9.3-0.2-8.5

-11.5-0.3-11.2-0.7-10.8

-10.4-0.5-9.9-1.3-9.1

-12.2-0.8-11.4-2.0-10.2

-13.6-2.3-11.3-2.3-11.3

-17.2-2.8-14.4-3.5-13.7

15d

-20.8-4.9-16.0-3.9-16.9

-18.2-4.7-13.5-4.7-13.5

-37.3-7.7-29.6-7.3-30.0

-37.5-7.8-29.7-10.6-26.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 203Pending

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AI summary

The Board approved unaudited financial results for the quarter and half year ended September 30, 2025. On a standalone basis, the company swung to a profit of Rs. 174.73 lakhs in Q2 FY26 compared to a loss of Rs. 210.38 lakhs in Q2 FY25, while H1 FY26 standalone profit stood at Rs. 234.56 lakhs versus a loss of Rs. 456.92 lakhs a year ago. Standalone total income rose about 62% year-on-year in Q2 to Rs. 2,768.93 lakhs. On a consolidated basis, Q2 FY26 showed a profit of Rs. 63.13 lakhs versus a loss of Rs. 424.94 lakhs, though H1 FY26 remained in the red at a loss of Rs. 122.12 lakhs versus Rs. 1,409.28 lakhs last year. The Board also approved a Rs. 10 crore equity investment in its wholly-owned subsidiary Niyogin Finserv Limited to help it meet the minimum net owned fund requirement for NBFC registration with the RBI. Asset quality weakened slightly with GNPA rising to 8.65% from 7.67% sequentially, while operating cash flows remained negative.

Likely market impact

The return to standalone profitability and sharp revenue growth are positive signals, though consolidated H1 losses persist and asset quality has deteriorated. The Rs. 10 crore subsidiary investment supports NBFC ambitions but is a related-party transaction. Cash burn remains a concern as operating cash flows are negative on both standalone and consolidated bases.