Please find enclosed CEO''s letter to Shareholders for the quarter and half year ended September 30, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Niyogin Fintech reported a strong Q2 FY26 with consolidated net revenue rising 7% QoQ to Rs. 25.9 Cr (up 53% YoY) and EBITDA more than doubling to Rs. 4.9 Cr from Rs. 2.3 Cr in Q1, turning PBT positive at Rs. 1.2 Cr. iServeU's order book stands at a healthy ~Rs. 623 Cr across 39 contracts, with a key win being the UPI solution for Punjab National Bank and a first international client in the UAE. NBFC AUM grew 6% QoQ to Rs. 340.5 Cr, with 50% of the loan book now under the EDI model and Rs. 65 Cr raised in borrowings (highest-ever quarterly fundraise). The company remains low-levered with debt-equity ratio below 1.0 and is actively pursuing a demerger scheme with regulators.
This update is positive for shareholders — profitability has clearly inflected with both EBITDA and PBT showing strong sequential improvement, supported by a robust order book and successful fundraise. The demerger progress and international expansion add further upside optionality, while low leverage gives room for growth.