According to latest reports, Niyogin Fintech reported a consolidated net loss of ₹5.01 crore for the quarter ended June 2026, representing a significant deterioration from the net profit of ₹1.11 crore recorded in Q4 FY26 and a loss of ₹1.85 crore in the corresponding quarter of the previous financial year. The loss has widened by 170.3% year-on-year, indicating substantial deterioration in the company's financial position during the quarter. The company has now revised its FY27 guidance to ₹100-115 crore revenue and 25-30% EBITDA margins, down from previous projections, reflecting the challenging operating environment and market conditions faced during the quarter.
The company's consolidated revenue declined by 19.78% to ₹66.8 crore in Q1 FY27, compared to ₹81.75 crore recorded in the same quarter of the previous financial year. In response to these challenging conditions, Niyogin Fintech has revised its FY27 revenue guidance downward to ₹100-115 crore from previous projections, while maintaining its EBITDA margin guidance at 25-30%. This revision reflects the company's assessment of current market conditions and operational challenges faced during the quarter.
The technology segment drove the loss with a result of negative ₹5.8 crore in Q1 FY27, compared to negative ₹0.9 crore in the corresponding quarter of the previous year, representing a significant deterioration in this segment's performance. The financing segment posted negative ₹0.3 crore versus a profit of ₹0.1 crore in Q1 FY26, indicating challenges across both core business segments. The company's Net Interest Income (NII) stood at ₹15.3 crore in Q1 FY27, declining by 5.2% year-on-year, while Pre-Provision Operating Profit (PPOP) recorded a loss of ₹1.8 crore compared to a profit of ₹2.7 crore in Q1 FY26.
In response to these challenges, Niyogin Fintech has approved the sale of its Investdirect subsidiary for up to ₹11.75 crore to Mohit Gang, as part of its strategic restructuring efforts to improve financial performance and operational efficiency. The board approved the proposed sale subject to shareholder and regulatory approvals, with completion targeted by March 31, 2027. The CFO will not become Whole-time Director, with the company dropping the proposed appointment. Additionally, the company has made several leadership changes, including approving deputy CFO and chief audit officer changes, while recommending statutory auditors for reappointment as part of its governance structure review.
According to latest market data from Kotak Neo, Niyogin Fintech shares are currently trading at ₹55.9 as of August 13, 2026, with the stock showing a 16.6% increase over the past six months despite a 12.5% decline over the last year. The stock opened at ₹56 and closed at ₹55 the previous day, with intraday trading between ₹53.30 and ₹56.64. The stock has recorded a 52-week high of ₹82.40 and a 52-week low of ₹30.20, indicating significant volatility as investors assess the company's strategic restructuring efforts and revised guidance amid the challenging financial performance.
