Niyogin Fintech Ltd — Updates, 15-05-2025: Company Update

Niyogin Fintech Limited has announced a board meeting on consideration of the financial results for the quarter and half-year. The company delivered 11% YoY growth in net revenue for FY25 to Rs. 67.4 Cr, with AUM rising 56% YoY to Rs. 278.8 Cr. Consolidated EBITDA loss narrowed to Rs. 8.6 Cr from Rs. 14.8 Cr the prior year. NFL is shifting focus towards high-margin Technology Service Provider (TSP/SaaS) vertical, now contributing 41% of net revenues. iServeU posted three consecutive quarters of positive EBITDA, with FY25 net revenue up 12% YoY to Rs. 39.6 Cr and an adjusted EBITDA loss reduced significantly. For FY26, NFL targets Rs. 750 Cr in gross disbursements and over 10 lakh loan accounts, while iServeU aims to deploy 100K devices and boost TSP share to 50%. The company raised Rs. 56.2 Cr via warrant conversion and Rs. 132 Cr from borrowings in FY25, strengthening its growth and operational capabilities.