| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 54 | 50 | 50 | 73 | 111 | 70 | 82 | 70 | 63 | 72 | 66 | |
Growth YoY Revenue Growth YoY% | 86.7 | 115.0 | 48.8 | 12.3 | 53.9 | 107.5 | 39.2 | 62.2 | -3.3 | -43.3 | 3.0 | -19.8 |
| 56 | 55 | 50 | 56 | 71 | 112 | 70 | 80 | 67 | 69 | 66 | 61 | |
| -8 | -2 | 0 | -6 | 1 | -1 | 0 | 1 | 3 | -6 | 6 | 4 | |
OPM OPM% | -17.9 | -3.3 | -0.5 | -11.3 | 1.8 | -1.1 | 0.4 | 1.6 | 3.9 | -10.1 | 8.4 | 6.6 |
| 0 | 0 | 1 | 0 | 0 | 2 | 2 | 4 | 6 | 18 | 5 | 1 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 2 | 2 | 3 | 4 | 3 | 4 | 5 | 6 | 7 | 8 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
PBT PBTCr | -11 | -5 | -3 | -10 | -4 | -5 | -3 | -1 | 1 | 2 | 1 | -6 |
| -1 | 0 | 1 | 0 | 0 | 0 | -6 | 1 | 0 | 1 | 0 | -1 | |
| -10 | -5 | -4 | -10 | -4 | -5 | 3 | -2 | 1 | 0 | 1 | -5 | |
Growth YoY PAT Growth YoY% | 0.8 | 48.2 | -14.1 | -48.2 | 56.6 | -7.0 | 170.1 | 81.2 | 114.8 | 109.8 | -58.4 | -170.8 |
NPM NPM% | -20.8 | -8.6 | -7.6 | -19.5 | -5.9 | -4.4 | 3.8 | -2.3 | 0.9 | 0.8 | 1.5 | -7.6 |
| -0.7 | -0.3 | -0.2 | -0.7 | -0.4 | -0.5 | 0.0 | -0.1 | 0.0 | 0.0 | 0.1 | -0.2 |
| Quarter | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 47 | 54 | 50 | 50 | 73 | 111 | 70 | 82 | 70 | 63 | 72 | 66 | |
Growth YoY Revenue Growth YoY% | 86.7 | 115.0 | 48.8 | 12.3 | 53.9 | 107.5 | 39.2 | 62.2 | -3.3 | -43.3 | 3.0 | -19.8 |
| 56 | 55 | 50 | 56 | 71 | 112 | 70 | 80 | 67 | 69 | 66 | 61 | |
| -8 | -2 | 0 | -6 | 1 | -1 | 0 | 1 | 3 | -6 | 6 | 4 | |
OPM OPM% | -17.9 | -3.3 | -0.5 | -11.3 | 1.8 | -1.1 | 0.4 | 1.6 | 3.9 | -10.1 | 8.4 | 6.6 |
| 0 | 0 | 1 | 0 | 0 | 2 | 2 | 4 | 6 | 18 | 5 | 1 | |
Interest Expense Interest ExpenseCr | 1 | 1 | 2 | 2 | 3 | 4 | 3 | 4 | 5 | 6 | 7 | 8 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 4 |
PBT PBTCr | -11 | -5 | -3 | -10 | -4 | -5 | -3 | -1 | 1 | 2 | 1 | -6 |
| -1 | 0 | 1 | 0 | 0 | 0 | -6 | 1 | 0 | 1 | 0 | -1 | |
| -10 | -5 | -4 | -10 | -4 | -5 | 3 | -2 | 1 | 0 | 1 | -5 | |
Growth YoY PAT Growth YoY% | 0.8 | 48.2 | -14.1 | -48.2 | 56.6 | -7.0 | 170.1 | 81.2 | 114.8 | 109.8 | -58.4 | -170.8 |
NPM NPM% | -20.8 | -8.6 | -7.6 | -19.5 | -5.9 | -4.4 | 3.8 | -2.3 | 0.9 | 0.8 | 1.5 | -7.6 |
| -0.7 | -0.3 | -0.2 | -0.7 | -0.4 | -0.5 | 0.0 | -0.1 | 0.0 | 0.0 | 0.1 | -0.2 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 28 | 50 | 103 | 109 | 196 | 0 | 287 | 271 |
Growth Revenue Growth% | 79.5 | 105.2 | 5.7 | 80.1 | -100.0 | -19.3 | ||
| 48 | 53 | 109 | 138 | 211 | 0 | 283 | 264 | |
| -20 | -3 | -6 | -30 | -16 | 0 | 4 | 7 | |
OPM OPM% | -73.1 | -5.0 | -6.2 | -27.3 | -8.0 | 1.3 | 2.5 | |
| 0 | 1 | 4 | 9 | 2 | 0 | 34 | 31 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 1 | 5 | 0 | 23 | 27 |
Depreciation DepreciationCr | 4 | 5 | 5 | 6 | 8 | 0 | 10 | 12 |
PBT PBTCr | -25 | -7 | -8 | -28 | -26 | 0 | 3 | -2 |
| 0 | 0 | 0 | 0 | -1 | 0 | 3 | 1 | |
PAT PATCr | -25 | -7 | -8 | -28 | -25 | 0 | 0 | -3 |
Growth PAT Growth% | 69.7 | -2.4 | -273.5 | 12.5 | 100.0 | 66.5 | ||
NPM NPM% | -87.8 | -14.8 | -7.4 | -26.1 | -12.7 | 0.1 | -1.0 | |
| -2.8 | -0.8 | -0.6 | -1.9 | -1.8 | -1.6 | -0.1 | -0.1 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|
Revenue RevenueCr | 28 | 50 | 103 | 109 | 196 | 0 | 287 | 271 |
Growth Revenue Growth% | 79.5 | 105.2 | 5.7 | 80.1 | -100.0 | -19.3 | ||
| 48 | 53 | 109 | 138 | 211 | 0 | 283 | 264 | |
| -20 | -3 | -6 | -30 | -16 | 0 | 4 | 7 | |
OPM OPM% | -73.1 | -5.0 | -6.2 | -27.3 | -8.0 | 1.3 | 2.5 | |
| 0 | 1 | 4 | 9 | 2 | 0 | 34 | 31 | |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 1 | 5 | 0 | 23 | 27 |
Depreciation DepreciationCr | 4 | 5 | 5 | 6 | 8 | 0 | 10 | 12 |
PBT PBTCr | -25 | -7 | -8 | -28 | -26 | 0 | 3 | -2 |
| 0 | 0 | 0 | 0 | -1 | 0 | 3 | 1 | |
PAT PATCr | -25 | -7 | -8 | -28 | -25 | 0 | 0 | -3 |
Growth PAT Growth% | 69.7 | -2.4 | -273.5 | 12.5 | 100.0 | 66.5 | ||
NPM NPM% | -87.8 | -14.8 | -7.4 | -26.1 | -12.7 | 0.1 | -1.0 | |
| -2.8 | -0.8 | -0.6 | -1.9 | -1.8 | -1.6 | -0.1 | -0.1 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 86 | 94 | 94 | 94 | 95 | 0 | 111 |
Reserves ReservesCr | 155 | 192 | 192 | 178 | 167 | 0 | 214 |
| 7 | 55 | 51 | 57 | 119 | 0 | 208 | |
| 1 | 1 | 1 | 0 | 45 | 0 | 169 | |
| 250 | 368 | 363 | 345 | 452 | 0 | 709 | |
| 51 | 117 | 141 | 152 | 190 | 0 | 255 | |
| 199 | 251 | 222 | 192 | 262 | 0 | 455 | |
| 250 | 368 | 363 | 345 | 452 | 0 | 709 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
Equity Capital Equity CapitalCr | 86 | 94 | 94 | 94 | 95 | 0 | 111 |
Reserves ReservesCr | 155 | 192 | 192 | 178 | 167 | 0 | 214 |
| 7 | 55 | 51 | 57 | 119 | 0 | 208 | |
| 1 | 1 | 1 | 0 | 45 | 0 | 169 | |
| 250 | 368 | 363 | 345 | 452 | 0 | 709 | |
| 51 | 117 | 141 | 152 | 190 | 0 | 255 | |
| 199 | 251 | 222 | 192 | 262 | 0 | 455 | |
| 250 | 368 | 363 | 345 | 452 | 0 | 709 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| -104 | 110 | -70 | -58 | -37 | -86 | -81 | |
| 112 | -118 | 39 | 87 | -18 | -9 | -63 | |
| -1 | 47 | 0 | -3 | 70 | 91 | 124 | |
Net Cash Flow Net Cash FlowCr | 7 | 40 | -31 | 26 | 15 | -3 | -20 |
Free Cash Flow Free Cash FlowCr | -104 | 110 | -72 | -59 | -38 | -86 | -87 |
CFO To PAT CFO To PAT% | 422.7 | -1,488.0 | 920.1 | 205.6 | 148.2 | -21,860.9 | |
CFO To EBITDA CFO To EBITDA% | 508.3 | -4,375.5 | 1,094.3 | 196.4 | 236.1 | -2,139.9 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| -104 | 110 | -70 | -58 | -37 | -86 | -81 | |
| 112 | -118 | 39 | 87 | -18 | -9 | -63 | |
| -1 | 47 | 0 | -3 | 70 | 91 | 124 | |
Net Cash Flow Net Cash FlowCr | 7 | 40 | -31 | 26 | 15 | -3 | -20 |
Free Cash Flow Free Cash FlowCr | -104 | 110 | -72 | -59 | -38 | -86 | -87 |
CFO To PAT CFO To PAT% | 422.7 | -1,488.0 | 920.1 | 205.6 | 148.2 | -21,860.9 | |
CFO To EBITDA CFO To EBITDA% | 508.3 | -4,375.5 | 1,094.3 | 196.4 | 236.1 | -2,139.9 |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 279 | 637 | 584 | 281 | 620 | 490 | 474 | 593 |
Price To Earnings Price To Earnings | ||||||||
Price To Sales Price To Sales | 10.0 | 12.7 | 5.7 | 2.6 | 3.2 | 1.6 | 1.6 | 2.2 |
Price To Book Price To Book | 1.2 | 2.2 | 2.0 | 1.0 | 2.4 | 1.5 | 1.5 | 1.8 |
EV To EBITDA EV To EBITDA | -11.5 | -213.5 | -77.7 | -6.4 | -34.9 | 146.9 | 96.5 | |
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |
OPM OPM% | -73.1 | -5.0 | -6.2 | -27.3 | -8.0 | 1.3 | 2.5 | |
NPM NPM% | -87.8 | -14.8 | -7.4 | -26.1 | -12.7 | 0.1 | -1.0 | |
ROCE ROCE% | -10.1 | -2.5 | -2.6 | -10.0 | -6.8 | 4.8 | 4.8 | |
ROE ROE% | -10.2 | -2.6 | -2.7 | -10.4 | -9.5 | 0.1 | 0.1 | |
ROA ROA% | -9.8 | -2.0 | -2.1 | -8.2 | -5.5 | 0.1 | 0.1 | |
| Financial Year | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Current |
|---|---|---|---|---|---|---|---|---|
Market Cap Market CapitalizationCr | 279 | 637 | 584 | 281 | 620 | 490 | 474 | 593 |
Price To Earnings Price To Earnings | ||||||||
Price To Sales Price To Sales | 10.0 | 12.7 | 5.7 | 2.6 | 3.2 | 1.6 | 1.6 | 2.2 |
Price To Book Price To Book | 1.2 | 2.2 | 2.0 | 1.0 | 2.4 | 1.5 | 1.5 | 1.8 |
EV To EBITDA EV To EBITDA | -11.5 | -213.5 | -77.7 | -6.4 | -34.9 | 146.9 | 96.5 | |
GPM GPM% | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | |
OPM OPM% | -73.1 | -5.0 | -6.2 | -27.3 | -8.0 | 1.3 | 2.5 | |
NPM NPM% | -87.8 | -14.8 | -7.4 | -26.1 | -12.7 | 0.1 | -1.0 | |
ROCE ROCE% | -10.1 | -2.5 | -2.6 | -10.0 | -6.8 | 4.8 | 4.8 | |
ROE ROE% | -10.2 | -2.6 | -2.7 | -10.4 | -9.5 | 0.1 | 0.1 | |
ROA ROA% | -9.8 | -2.0 | -2.1 | -8.2 | -5.5 | 0.1 | 0.1 | |
Documents — Niyogin Fintech Ltd
Concall Transcript Summaries — Niyogin Fintech Ltd