Niyogin Fintech Ltd

Niyogin Fintech Ltd

₹ 72.0 -2.35%
12 Apr 4:01 p.m.
About

Niyogin Fintech Ltd is a fintech company and a registered NBFC. The Co. provides a digital platform that enables access to relevant services & products for MSMEs providing financial inclusion, credit, investments and SAAS services. [1]

Key Points

Business Offerings
Financial Inclusion:It includes Domestic Money Transfer, Aadhaar Enabled Payment System, Micro ATM, among others.
Investment: Direct plans for Mutual Funds, Advisory and Fin. Planning, Insta cash, Corporate Deposit, Bonds, etc.
White Labeled Investment Platform (For distributors): It supports investment in direct and regular mutual funds.
Institutional Offerings: Corporate Treasury(Assistance to corporates in investing their idle funds), Analytics Solution (Build customer portfolios using Analytics)
Credit Solutions: It Offer a wide variety of Secured loans (such as Loan Against Property, Home Loans, Balance Transfer etc) & Unsecured loans (Business Loans, Working Capital loans, etc) [1]

  • Market Cap 680 Cr.
  • Current Price 72.0
  • High / Low 98.0 / 29.0
  • Stock P/E
  • Book Value 30.0
  • Dividend Yield 0.00 %
  • ROCE -8.79 %
  • ROE -6.32 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -3.68% over last 3 years.
  • Company's cost of borrowing seems high

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
16.26 18.27 20.57 25.35 27.08 29.78 24.75 25.25 24.93 33.73 44.86 47.13 53.60
14.98 22.42 22.39 26.44 28.72 31.21 32.26 34.76 33.86 37.48 50.00 55.55 55.39
Operating Profit 1.28 -4.15 -1.82 -1.09 -1.64 -1.43 -7.51 -9.51 -8.93 -3.75 -5.14 -8.42 -1.79
OPM % 7.87% -22.71% -8.85% -4.30% -6.06% -4.80% -30.34% -37.66% -35.82% -11.12% -11.46% -17.87% -3.34%
0.14 0.13 1.49 0.65 0.65 1.50 2.68 1.20 2.05 2.57 0.68 0.27 0.17
Interest 0.06 0.06 0.06 0.06 0.20 -0.11 0.05 0.08 0.25 0.44 0.79 1.07 1.13
Depreciation 1.31 1.51 1.36 1.38 1.32 1.32 1.34 1.51 1.57 1.69 1.90 1.96 2.07
Profit before tax 0.05 -5.59 -1.75 -1.88 -2.51 -1.14 -6.22 -9.90 -8.70 -3.31 -7.15 -11.18 -4.82
Tax % -120.00% -6.26% -5.71% -7.45% 16.73% -3.51% -1.29% 0.20% -1.84% -1.21% 7.13% 12.34% 4.77%
0.12 -5.93 -1.86 -2.02 -2.10 -1.19 -6.29 -9.88 -8.86 -3.35 -6.64 -9.80 -4.59
EPS in Rs 0.01 -0.64 -0.16 -0.19 -0.18 -0.08 -0.44 -0.60 -0.57 -0.27 -0.51 -0.72 -0.33
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
28 50 103 110 179
48 52 108 137 198
Operating Profit -20 -2 -5 -28 -19
OPM % -73% -4% -5% -25% -11%
0 0 4 8 4
Interest 0 1 1 2 3
Depreciation 4 5 5 6 8
Profit before tax -25 -7 -8 -28 -26
Tax % 1% -2% 2% -1%
-25 -7 -8 -28 -24
EPS in Rs -2.78 -0.74 -0.63 -1.87 -1.83
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 58%
TTM: 71%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 8%
TTM: -8%
Stock Price CAGR
10 Years: %
5 Years: -4%
3 Years: 4%
1 Year: 146%
Return on Equity
10 Years: %
5 Years: %
3 Years: -4%
Last Year: -6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 86 94 94 94 94
Reserves 155 192 192 178 189
0 0 0 0 10
9 82 77 72 124
Total Liabilities 250 368 363 345 417
14 125 101 111 119
CWIP 0 0 0 0 0
Investments 60 80 63 7 1
177 163 199 226 297
Total Assets 250 368 363 345 417

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-104 110 -70 -58
112 -118 39 87
-1 47 0 -3
Net Cash Flow 7 40 -31 26

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 1 58 98 76
Inventory Days 36 24 222
Days Payable 88 58 185
Cash Conversion Cycle 1 6 64 114
Working Capital Days -26 -264 7 19
ROCE % -2% -2% -9%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
38.54% 38.75% 38.75% 38.55% 38.55% 39.66% 39.66% 39.64% 39.64% 39.60% 39.60% 39.59%
17.32% 16.94% 15.98% 15.32% 14.95% 14.87% 14.21% 14.21% 14.21% 12.13% 17.24% 16.55%
0.49% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 1.06% 1.06% 1.06%
43.64% 44.30% 45.26% 46.13% 46.51% 45.48% 46.13% 46.16% 46.13% 47.20% 42.10% 42.80%
No. of Shareholders 1,3691,6852,4243,6924,2244,8625,0054,8994,7154,6706,8177,691

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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