Niyogin Fintech Ltd

Q3 FY26Finance

Niyogin Fintech Q3 FY26: Revenue ₹28.9 Cr, PAT ₹2.3 Cr

Q3 FY26 investor presentation: what the company reported on revenue, margins and projects.

Price₹54

Market cap₹618 Cr

Updated24 Sept 2026

Read4 min read

Based on Niyogin Fintech Ltd's Q3 FY26 investor presentation. The company has not published an earnings-call transcript for this quarter, so figures here are what the presentation reports, not management guidance.

The short version

Consolidated Net Revenue for Q3 FY26: ₹28.9 Cr, up 70% YoY (Page 28) - iServeU Net Revenue for Q3 FY26: ₹21.2 Cr, up 107% YoY (Page 16, 5) - iServeU EBITDA: ₹5.4 Cr in Q3 FY26, significant growth EBITDA (Consolidated Q3 FY26): ₹6.2 Cr, up 28% QoQ (from ₹4.9 Cr); YoY comparison shows turnaround from negative ₹2.0 Cr in Q3 FY25 to positive EBITDA now (Page 28).

From Niyogin Fintech Ltd's Q3 FY26 earnings-call transcript · updated 24 Sept 2026.

Revenue & Sales Performance

Consolidated Net Revenue for Q3 FY26: ₹28.9 Cr, up 70% YoY (Page 28)
iServeU Net Revenue for Q3 FY26: ₹21.2 Cr, up 107% YoY (Page 16, 5)
iServeU EBITDA: ₹5.4 Cr in Q3 FY26, significant growth YoY (Page 16, 5)
Loan Book (AUM) stood at ₹314 Cr in Q3 FY26, up from ₹242 Cr in Q3 FY25 (30% YoY) (Page 19)
Consolidated EBITDA for Q3 FY26: ₹6.2 Cr vs loss of ₹2.0 Cr in Q3 FY25 (Page 28)
Revenue growth is attributed to scaling operations, customer expansion, and platform efficiency (Page 4)

2 more points management made on revenue & sales performance

Profitability & Margins

EBITDA (Consolidated Q3 FY26): ₹6.2 Cr, up 28% QoQ (from ₹4.9 Cr); YoY comparison shows turnaround from negative ₹2.0 Cr in Q3 FY25 to positive EBITDA now (Page 28).
Operating Margin (iServeU Q3 FY26): 25.4% EBITDA margin (Page 8), significantly improved margin supported by operating leverage and cost discipline (Page 11).
PAT (Profit After Tax or PBT ex-ESOP for Q3 FY26): ₹2.3 Cr PBT ex-ESOP (Page 28), nearly 1.9x increase QoQ from ₹1.2 Cr; a sharp turnaround YoY from negative ₹4.6 Cr in Q3 FY25 (Page 4).

- **Explicit Margin Outlook:** For FY26, iServeU EBITDA margin expected at 15-18% (Page 9). The NBFC business shows upward revision of profitability expectations (PBT ex-ESOP guidance ₹5.5-5.7 Cr FY26) but no explicit margin % stated. - **Additional:** Q3 FY26 EBITDA margin consistency noted with six consecutive positive quarters at iServeU (Page 5). All figures sourced directly from the investor presentation pages 3, 4, 5, 8, 9, 11, 28, and 29.

2 more points management made on profitability & margins

See what Niyogin Fintech Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

The investor presentation does not explicitly describe any capex, capacity expansion, or new plant/project investments with amounts, status, or timelines. It primarily focuses on financial performance, operational highlights, business models, and growth strategies across NBFC and technology segments. Key points include: - Emphasis on capital-light operations through an embedded lending model (Page 33). - Expansion of the Technology Service Provider (TSP) and SaaS order book to ~₹635 Cr across 43 contracts (Page 15, 13).

2 more points management made on capital expenditure plans

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Fundraising & Capital Structure

In 2020, Niyogin acquired M3 Global Finance (a BSE listed NBFC) and raised ₹235 Cr from institutional investors (equity fundraising). (Page 36)
In Q3 FY26, the company raised ₹40 Cr in borrowings, indicating debt fundraising. (Pages 19, 6)
Borrowings increased 10% QoQ from ₹101 Cr in Q2 FY26 to ₹111 Cr in Q3 FY26. (Page 24)

2 more points management made on fundraising & capital structure

See what Niyogin Fintech Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The investor presentation reports an order book of approximately ₹635 Crores across 43 contracts as of Q3 FY26 (Page 15, 13).
This order book spans multiple business verticals including acquiring solutions, financial inclusion, value-added services, issuance & card management, and lending solutions (Page 15).
The order book represents healthy revenue visibility from established financial institutions and emerging fintechs, demonstrating continued client traction and execution strength (Pages 13-15).

2 more points management made on order book & pipeline

What Niyogin Fintech Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Niyogin Fintech Ltd Q3 FY26 results?

What is Niyogin Fintech Ltd share price analysis?

Niyogin Fintech Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹618 Cr. Investors should review the full earnings analysis for detailed insights.

Is Niyogin Fintech Ltd planning capital expenditure?

The investor presentation does not explicitly describe any capex, capacity expansion, or new plant/project investments with amounts, status, or timelines.

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This analysis is AI-generated based on publicly available earnings data and the company's investor presentation. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.