Niyogin Fintech Ltd

About [ edit ]

Niyogin Fintech is a non-deposit taking non-systemically important Non Banking Financial Company (NBFCND- NSI) and is in the business of providing loans to small enterprises.(Source : 201903 Annual Report Page No:51)

  • Market Cap 616 Cr.
  • Current Price 65.9
  • High / Low 96.4 / 21.8
  • Stock P/E
  • Book Value 26.0
  • Dividend Yield 0.00 %
  • ROCE -9.24 %
  • ROE -9.36 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 2.53 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -3.26%
  • Company has a low return on equity of -5.31% for last 3 years.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
2.97 4.05 4.61 5.04 6.18 5.58 6.19 6.74 8.10 7.77 7.34 6.07
4.80 4.65 5.97 8.12 9.01 9.17 10.93 13.56 13.52 7.59 6.56 5.29
Operating Profit -1.83 -0.60 -1.36 -3.08 -2.83 -3.59 -4.74 -6.82 -5.42 0.18 0.78 0.78
OPM % -61.62% -14.81% -29.50% -61.11% -45.79% -64.34% -76.58% -101.19% -66.91% 2.32% 10.63% 12.85%
Other Income 2.51 1.05 0.93 0.96 0.03 0.92 0.00 0.00 0.09 0.13 0.13 0.14
Interest 0.00 0.00 0.05 0.08 0.08 0.08 0.07 0.07 0.06 0.06 0.05 0.05
Depreciation 0.39 0.58 0.83 0.82 0.84 0.86 0.87 0.87 0.85 0.84 0.81 0.76
Profit before tax 0.29 -0.13 -1.31 -3.02 -3.72 -3.61 -5.68 -7.76 -6.24 -0.59 0.05 0.11
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit 0.29 -0.13 -1.31 -3.02 -3.72 -3.60 -5.68 -7.76 -6.24 -0.59 0.05 0.11
EPS in Rs 0.04 -0.02 -0.15 -0.36 -0.44 -0.42 -0.66 -0.90 -0.73 -0.07 0.01 0.01

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
0.10 0.02 0.10 0.04 0.14 0.11 0.15 12.23 22.82 27.53 29.28
0.07 0.02 0.07 0.00 0.14 0.10 4.92 14.36 27.75 47.18 32.96
Operating Profit 0.03 0.00 0.03 0.04 0.00 0.01 -4.77 -2.13 -4.93 -19.65 -3.68
OPM % 30.00% 0.00% 30.00% 100.00% 0.00% 9.09% -3,180.00% -17.42% -21.60% -71.38% -12.57%
Other Income 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.09 0.49
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.21 0.29 0.22
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.52 3.08 3.45 3.26
Profit before tax 0.03 0.00 0.03 0.04 0.00 0.01 -4.77 -2.65 -8.19 -23.30 -6.67
Tax % 33.33% 33.33% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Profit 0.02 0.00 0.02 0.04 0.00 0.00 -4.77 -2.65 -8.18 -23.29 -6.67
EPS in Rs 0.00 0.00 -13.25 -0.33 -0.96 -2.71 -0.78
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years:%
5 Years:188%
3 Years:468%
TTM:19%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:68%
Stock Price CAGR
10 Years:%
5 Years:97%
3 Years:-12%
1 Year:119%
Return on Equity
10 Years:%
5 Years:%
3 Years:-5%
Last Year:-9%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
3.60 3.60 3.60 3.60 3.60 3.60 10.83 84.77 84.77 85.99 86.02
Reserves 0.02 0.00 0.02 0.06 0.06 0.06 0.79 175.61 171.09 156.02 157.10
Borrowings 0.00 0.00 0.00 2.97 2.97 3.22 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 15.07 8.47 6.31 6.53 6.01
Total Liabilities 3.62 3.60 3.62 6.63 6.63 6.88 19.46 264.11 262.17 248.54 249.13
0.00 0.00 0.00 0.00 0.00 0.00 0.02 6.37 7.83 4.39 2.82
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.03 0.51 0.01 0.03 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 238.98 158.97 67.49 32.32
3.62 3.60 3.62 6.63 6.63 6.88 19.41 18.25 95.36 176.63 213.99
Total Assets 3.62 3.60 3.62 6.63 6.63 6.88 19.46 264.11 262.17 248.54 249.13

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.02 -0.05 -0.13 -0.25 -3.94 -22.79 -68.48 -102.83
0.00 0.04 0.14 0.00 6.44 -239.42 68.83 110.20
0.00 0.00 0.00 0.25 16.88 244.04 -0.40 -0.76
Net Cash Flow 0.02 -0.01 0.01 0.00 19.38 -18.17 -0.05 6.61

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 0.00% 0.83% 0.78% 0.00% 0.15% -51.57% -1.95% -3.09% -9.24%
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover 0.00 0.00 0.00 0.00 0.00 0.00

Shareholding Pattern

Numbers in percentages

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
41.88 41.88 39.55 39.58 40.08 40.16 41.18 40.63 40.60 40.77 40.75 40.68
22.82 22.82 21.29 21.27 21.22 21.22 19.39 19.17 18.95 18.95 18.94 18.79
26.01 0.00 0.00 0.00 0.00 0.00 0.47 0.49 0.54 0.54 0.54 0.54
9.28 35.29 39.17 39.15 38.69 38.62 38.95 39.71 39.92 39.75 39.77 39.99

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