One of the micro-cap NBFC stocks specializes in providing financial assistance to micro, small, and medium enterprises (MSMEs) in India, focusing on collateral-free credit solutions and a diverse range of financial services. The stock has jumped 3.21 percent after approval of the incorporation of its wholly owned subsidiary
Stock Price Movement
In Thursday’s trading session, Niyogin Fintech Limited’s share jumped to an intraday high of 3.21 percent from the previous close of Rs. 68.31. The stock opened at Rs. 68.90 and is currently trading at Rs. 69.89 with a high of Rs. 70.50 and a low of Rs. 68.90. The market capitalization now stands at approximately Rs. 665.44 crore.
What Happened
Niyogin Fintech Limited has approved the incorporation of a wholly owned subsidiary, Niyogin Financial Services Limited. This subsidiary will focus on providing financial services and will have an authorized share capital of Rs. 1,00,000, divided into 10,000 equity shares. The company plans to subscribe to the initial share capital in cash, and no regulatory approvals are required for incorporation.
Services Offering
Niyogin Fintech Limited offers unsecured loans for MSMEs, financial advisory, investment services, and other lending activities. Utilizing advanced technology, the company enhances customer experience and operational efficiency, streamlining loan processing and supporting business growth.
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Recent quarter results and ratios
Niyogin Fintech Limited’s revenue has increased from Rs. 47.13 crore in Q2 FY24 to Rs. 72.52 crore in Q2 FY25, which has grown by 6.92 percent. The net loss of Niyogin Fintech Limited has reduced from Rs. -9.80 crore in Q2 FY24 to Rs. -4.25 crore in Q2 FY25.
Niyogin Fintech Limited’s revenue has grown at a CAGR of 62.66 percent over the last four years.
In terms of return ratios, the company’s ROCE and ROE should be -6.60 percent and -6.06 percent, respectively. The debt-to-equity ratio of the company is to be 0.25x, which shows the company is almost debt-free. Niyogin Fintech Limited’s EPS is to be Rs. -1.68.
Shareholding pattern
In September 2024, Niyogin Fintech Limited had a majority stake held by the promoters at 39.31 percent, foreign institutional investors at 15.92 percent, domestic institutional investors at 1.05 percent, and the public at 43.72 percent.
Company Overview
Niyogin Fintech Limited is a registered NBFC and fintech company offering a digital platform for financial inclusion. The company provides MSMEs across India with unsecured loans, credit, investment opportunities, and SaaS services, utilizing advanced fintech solutions to streamline lending and enhance access to financial products.
Written By – Nikhil Naik
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