Niyogin Fintech Standalone September 2022 Net Sales at Rs 6.56 crore, up 32.35% Y-o-Y

Abhishek Thakkar is a management professional with 10+ years of experience in the field of Finance.

Niyogin Fintech appoints Abhishek Thakkar as Chief Financial Officer

Niyogin Fintech reports consolidated net loss of Rs 0.75 crore in the March 2022 quarter

Niyogin Fintech Consolidated December 2021 Net Sales At Rs 27.08 Crore, Up 66.53% Y-o-Y

Niyogin Fintech reports consolidated net loss of Rs 1.66 crore in the December 2021 quarter

Niyogin Fintech announces cessation of directors

The company caters to Indias underserved MSMEs and rural individuals and is engaged in diversified segments such as rural tech, credit and wealth tech. It also operates on a hybrid model where it provides technology solutions across its different segments to its partners, who in turn handle the phys…

Niyogin Fintech to invest Rs 100 crore; gross transaction value crosses Rs 2,000 crore

The company’s balance sheet has become debt free and had cash and cash equivalents of Rs 171.4 crore as of the quarter ended September

Niyogin Fintech continues to make losses, revenue rises 231% in Sept qtr

Niyogin Fintech Standalone June 2021 Net Sales At Rs 5.16 Crore, Down 33.67% Y-o-Y

Niyogin Fintech reports standalone net loss of Rs 1.22 crore in the June 2021 quarter

Niyogin Fintech reports consolidated net loss of Rs 1.54 crore in the June 2021 quarter

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Niyogin Fintech Limited, formerly M3 Global Finance Limited, is a non-deposit taking non-banking financial company (NBFC) in micro, small, and medium enterprises finance. The Company is engaged in loans, finance and investment activities.