Please find enclosed Chairman & CEO''s letter to shareholders for the quarter and year ended March 31, 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 FY25 consolidated net revenue of Rs. 67.4 Crores (up 11% YoY) with EBITDA loss narrowing to Rs. 8.6 Crores from Rs. 14.8 Crores in FY24. Q4FY25 was a milestone quarter with NBFC gross disbursements of Rs. 115 Crores (highest ever) and AUM growing 56% YoY to Rs. 278.8 Crores. The tech subsidiary iServeU posted its first profit-before-tax-positive quarter with Rs. 13.6 Crores net revenue (up 33% QoQ) and secured a ~Rs. 70 Crore soundbox contract from Central Bank of India. Management provided formal FY26 guidance: NBFC AUM of Rs. 500-550 Crores with PBT of Rs. 4.5-5 Crores, and iServeU net revenue of Rs. 70-80 Crores with 12-15% EBITDA margin. The demerger of iServeU from Niyogin is awaiting regulatory approvals.
Positive for shareholders — clear path to NBFC profitability from Q1FY26, iServeU achieving operational profitability, and strong forward growth guidance of nearly 2x across both businesses. Demerger of iServeU could unlock standalone valuation.