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எதிர்மறை தாக்கம் 6/10 நிதி முடிவுகள்

Niyogin Fintech Q2 FY27 Update: Net Revenue at ₹23.9 Cr, Order Book at ₹546 Cr

Niyogin Fintech released its Q2 FY27 investor presentation, reporting consolidated net revenue of ₹23.9 Cr, an 8% sequential increase from Q1 FY27. Performance lagged internal guidance across both subsidiaries, with iServeU delivering ₹18.1 Cr net revenue (vs guided ₹21–24 Cr) and NBFC AUM contracting 19% sequentially to ₹270 Cr (vs guided ₹325–340 Cr). The standalone NBFC swung to a pre-tax loss of ₹(1.6) Cr amid lower net interest income and elevated credit costs of ₹3.1 Cr. On the fintech side, iServeU showed sequential recovery with GTV rising to ₹1,134 Cr and its order book standing at ₹546 Cr (1.8x TTM revenue of ₹301 Cr).

நடுநிலை தாக்கம் 6/10 நிர்வாகம்

Niyogin Fintech Appoints Ronak Shah as Interim CFO; Derecognises Rs 2.50 Cr Contingent Liability

Niyogin Fintech announced the appointment of Mr. Ronak Shah as Interim Chief Financial Officer and Key Managerial Personnel effective November 13, 2026, redesignating him from his prior role as Deputy CFO. Additionally, the company derecognised a contingent consideration liability of Rs 2.50 crore (Rs 250 lakhs) as an exceptional gain because specified EBITDA performance targets were not achieved. The Board also noted that its statutory auditor, M/s. Pijush Gupta & Co., converted into an LLP with effect from October 30, 2026. The company processes financial results amid ongoing strategic plans to demerge its iServeU technology operations.

நேர்மறை தாக்கம் 7/10 M&A

Niyogin Fintech Wins 100% Creditor & Shareholder Approval for Demerger Scheme

Niyogin Fintech submitted the voting results and scrutinizer reports for NCLT-convened meetings of its equity shareholders, secured creditors, and unsecured creditors held on October 30, 2026. The proposed Composite Scheme of Arrangement with Niyogin Finserv and iServeU Technology received unanimous 100% approval among valid votes cast across all three classes. Out of 44,947,309 valid equity votes polled, 44,947,307 voted in favor (100%), alongside approval from participating secured and unsecured creditors. This approval clears a key hurdle toward demerging the NBFC business from iServeU to create separate listed entities.

நேர்மறை தாக்கம் 7/10 M&A

Niyogin Shareholders & Creditors Approve Composite Scheme In NCLT-Convened Meet

Equity shareholders and creditors of Niyogin Fintech Limited approved the Composite Scheme of Arrangement and Amalgamation at the NCLT-convened meeting held on October 30, 2026. The resolution passed with virtually 100% of polled equity votes in favour, representing 4,49,47,309 votes out of 4,49,47,311 valid votes polled across 40.40% voter turnout. The restructuring will demerge/amalgamate businesses between Niyogin Fintech, Niyogin Finserv, and iServeU Technology to split the NBFC and Payments businesses into separate listed entities. The scheme now moves toward final sanction from the Hon'ble NCLT Chennai Bench.

நடுநிலை தாக்கம் 6/10 M&A

Niyogin Fintech: NCLT-Convened Meetings of Shareholders & Creditors on Oct 30, 2026 for Demerger

Niyogin Fintech has issued a notice convening meetings for equity shareholders, secured creditors, and unsecured creditors on October 30, 2026, pursuant to NCLT Chennai Bench directions. The meetings will consider the Composite Scheme of Arrangement and Amalgamation involving Niyogin Fintech, Niyogin Finserv Limited, and iServeU Technology. Remote e-voting across all classes is scheduled between October 26, 2026, and October 29, 2026. This scheme represents a major corporate restructuring aimed at separating the lending NBFC business from its payments and BaaS entity.

📊 கடந்த 7 நாட்கள் — உணர்வு அடிப்படையில் பகுப்பாய்வு செய்யப்பட்ட அறிவிப்புகள்

நேர்மறைஎதிர்மறைநடுநிலைகவனம்
எதிர்மறை தாக்கம் 7/10 நிர்வாகம்

Niyogin Fintech CFO Abhishek Thakkar Resigns Effective September 25, 2026

Niyogin Fintech announced the resignation of its President & Chief Financial Officer (CFO), Abhishek Thakkar, effective from the close of business hours on September 25, 2026. Thakkar stepped down to pursue other professional opportunities outside the company. The company has not yet announced a successor for the key managerial role. Niyogin Fintech operates with a market cap of ₹1,039 Cr and reported a net loss of ₹5.01 Cr in the recent June 2026 quarter on revenue of ₹66.76 Cr.

நேர்மறை தாக்கம் 7/10 M&A

NCLT Approves First Motion for Niyogin Fintech Demerger & Composite Scheme

Niyogin Fintech Limited received an order dated September 11, 2026, from the Hon'ble NCLT Chennai Bench allowing its first motion application for a composite scheme of arrangement. The scheme involves Niyogin Fintech, Niyogin Finserv, and iServeU Technology to separate its dual business models into distinct entities. NCLT has directed meetings of equity shareholders, secured creditors, and unsecured creditors of Niyogin Fintech to approve the scheme, while dispensing with certain subsidiary-level meetings. This follows prior clearances including BSE's no-adverse-observation letter and RBI's in-principle approval received earlier in 2026.

எதிர்மறை தாக்கம் 6/10 நிதி முடிவுகள்

₹546 Cr Order Book: Niyogin Fintech Reports Q1 FY27 Loss Amid UPI Model Shift and Chip Shortages

Niyogin Fintech reported a consolidated PBT (Ex-ESOP) loss of ₹6.0 Cr for Q1 FY27, compared to a profit of ₹1.7 Cr in Q4 FY26. The performance was impacted by a transition in the UPI business to an aggregator-led model and chip shortages affecting Soundbox/POS device deliveries. Despite these headwinds, the iServeU order book remains robust at ₹546 Cr (approx. 1.7x TTM revenue), and recurring SaaS revenue grew to ₹5.6 Cr. The company has now filed for final NCLT approval for its proposed demerger to unlock value.

கண்காணிப்பு தாக்கம் 7/10 M&A

₹11.75 Cr Divestment of Material Subsidiary Investdirect; 12.11% Revenue Impact

Niyogin Fintech has approved the sale of its 58% equity stake and 100% preference shares in its material subsidiary, Investdirect Capital Services, for up to ₹11.75 crore. This subsidiary contributed ₹38.86 crore (12.11%) to the company's FY26 consolidated turnover, though it represented only 0.87% of its net worth. The transaction is a related-party sale to Mr. Mohit Gang (Director of Investdirect) and is expected to close by March 31, 2027. Additionally, the board cancelled the proposed elevation of the CFO to Whole-time Director and reshuffled internal audit leadership.

எதிர்மறை தாக்கம் 7/10 நிதி முடிவுகள்

Q1 FY27 Net Revenue down 18% QoQ to ₹22 Cr; ₹546 Cr order book remains key

Niyogin Fintech reported a soft Q1 FY27 with consolidated net revenue declining 18% QoQ to ₹22 Cr, missing management guidance across all key metrics. The iServeU segment was impacted by lower UPI volumes and device supply issues, though its contracted order book stands at a significant ₹546 Cr. The NBFC arm remained marginally profitable with a PBT of ₹1.0 Cr, despite a 6% QoQ dip in AUM to ₹332 Cr. Management has revised FY27 guidance downwards to reflect a more calibrated growth approach and slower recovery in UPI volumes.

எதிர்மறை தாக்கம் 7/10 நிதி முடிவுகள்

Niyogin Fintech Q1 FY27: Loss Widens to ₹6.0 Cr; Guidance Muted Amid Supply Chain Issues

Niyogin Fintech reported a weak Q1 FY27 with consolidated PBT (ex-ESOP) losses widening to ₹6.0 Cr from a loss of ₹0.4 Cr in the previous year. Consolidated net revenue declined 8% YoY to ₹22.1 Cr, impacted by a shift in UPI partner bank models and chip shortages affecting Soundbox deployments. Despite the headline miss, recurring SaaS revenue grew to ₹5.6 Cr, and the company maintains a substantial order book of ₹546 Cr. Management has lowered FY27 guidance for both iServeU and the NBFC business to reflect the current high-risk environment and operational headwinds.

நடுநிலை தாக்கம் 7/10 M&A

Niyogin Fintech to Divest 58% Stake in Investdirect for ₹11.75 Cr; Q1 FY27 Results Approved

Niyogin Fintech has approved the divestment of a 58% stake in its material subsidiary, Investdirect Capital Services, for a consideration of up to ₹11.75 crore. Investdirect contributed 12.11% (₹38.86 cr) to the company's consolidated turnover in FY26, though it represented only 0.87% of consolidated net worth. The board also decided not to proceed with the appointment of CFO Abhishek Thakkar as a Whole-time Director and reshuffled other internal audit roles. The divestment, involving a sale to the subsidiary's CEO, is expected to close by March 31, 2027.

கண்காணிப்பு தாக்கம் 6/10 நிதி முடிவுகள்

Rs 550 Cr Order Book vs Rs 320 Cr TTM Revenue; Q1 AUM Dips 5% QoQ

Niyogin Fintech's Q1 FY2027 update shows a sequential slowdown, with Gross Loan AUM falling 5% QoQ to Rs 332.2 Cr. The iServeU Tech segment's net revenue dropped 24% QoQ to Rs 16.1 Cr, though it remains 2% higher than the previous year. A key positive is the iServeU Tech order book, which now stands at Rs 550 Cr, representing approximately 172% of the company's TTM revenue. Management attributes the tech revenue dip to lower device deployment while maintaining a focus on portfolio quality.

⚠️ இந்தத் தளம் எவ்வாறு உருவாக்கப்படுகிறது: சந்தைத் தரவுப் பக்கங்கள் NSE/BSE வெளியீடுகள் மற்றும் நிறுவனங்களின் தாக்கல்களிலிருந்து தானாகக் கணக்கிடப்படுகின்றன; செய்திக் கட்டுரைகளும் அறிவிப்புப் பகுப்பாய்வுகளும் AI உதவியுடன் எழுதப்படுகின்றன, மனித மேற்பார்வையுடன்: AI உருவாக்குவதை எங்கள் ஆசிரியர்கள் மதிப்பாய்வு செய்கின்றனர். இரண்டிலும் பிழைகள் இருக்கலாம். எந்தவொரு முதலீட்டு முடிவுக்கு முன்பும் அசல் மூலங்களில் சரிபார்க்கவும். முதலீட்டு ஆலோசனை அல்ல; Flash Finance SEBI-பதிவு பெற்றது அல்ல. நாங்கள் AI-ஐ எவ்வாறு பயன்படுத்துகிறோம்