BSE: 531272
NIKKI GLOBAL FINANCE LTD.
A small BSE-listed non-banking financial company whose income comes almost entirely from interest on its lending portfolio. The loan book stood at Rs 715.54 lakhs at FY26 year-end, against total assets of Rs 9.465 crore. Total income for FY26 was Rs 39.88 lakhs, sourced essentially from interest on loans. Operating costs are dominated by employee expenses at 19.6% of revenue and other operating expenses at 14.8%, with negligible depreciation and capex of 0.1% and 0.0% respectively. The company swung to a Rs 21.39 lakh net profit in FY26 from a Rs 3.38 lakh loss in FY25, while debt-to-equity stands at 0.0. Reserves remain negative at Rs -190.71 lakhs, reflecting accumulated past losses. Promoter group members meaningfully trimmed holdings in 2026, with one director selling his entire stake of 7.35% in two open-market tranches. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Interest income on loan portfolio. Very small, single-line NBFC dependent on interest income
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 |
| EBITDA (ex other income) | (0) | 0 | (0) | (0) | 0 |
| margin % | (485.7) | 15.1 | — | — | 63.6 |
| Owners' profit | (0) | 0 | (0) | (0) | 0 |
| EPS, as reported (₹) | 0.00 | 0.06 | (0.43) | (0.01) | 0.63 |
| ROE % · ROCE % | (7.7) · — | 1.3 · — | (11.0) · — | (2.6) · — | 14.1 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (0) | 0 | (0) | 0 | (0) |
| Capex | 0 | (0) | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | (0) | (0) | (0) | (0) | (0) | (0) | 0 |
| Net profit | 0 | (0) | (0) | (0) | (0) | (0) | (0) | 0 |
| EPS (₹) | 0.16 | (0.05) | (0.06) | (0.16) | (0.15) | (0.07) | (0.05) | 0.89 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 30.9 | 18.1 | 139 of 200 | 31% |
| P/B | 4.3 | 1.1 | 231 of 253 | 8% |
| ROE | 14.1 | 3.1 | 20 of 257 | 93% |
| EBITDA margin | 87.1 | 48.6 | 45 of 249 | 82% |
| Profit growth | 678.7 | 7.8 | 17 of 251 | 94% |
| Market cap | 7 | 34 | 238 of 268 | 11% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 26 Oct 2026 · Board meeting to approve September 2026 quarterly and half-year results | results | low | — | — |
| 7 Oct 2026 · RTA compliance certificate for share dematerialization | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 ahead of Q2 results | compliance | minimal | — | — |
| 19 Sept 2026 · 40th AGM voting results: Both resolutions passed with 99.27 percent approval | board shareholder meetings | low | — | — |
| 19 Sept 2026 · 40th AGM Results: Both Resolutions Passed with 99.27% Approval | board shareholder meetings | medium | — | — |
| 19 Sept 2026 · Nikki Global Finance 40th AGM held; voting results awaited | board shareholder meetings | low | — | — |
| 21 Aug 2026 · Newspaper publication of notice for 40th AGM on September 19, 2026 | compliance | minimal | — | — |
| 20 Aug 2026 · Letters dispatched to shareholders without email for 40th AGM | compliance | minimal | — | — |
| 19 Aug 2026 · Book Closure for 40th AGM from September 12 to 19, 2026 | board shareholder meetings | low | — | — |
| 19 Aug 2026 · Nikki Global Finance files 40th Annual Report for FY26 AGM | board shareholder meetings | medium | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.