Niyogin Fintech's Gross AUM up by 52.7% in June Quarter
By Ankur Chandra | Updated at: Oct 8, 2025 01:45 PM IST
Mumbai, July 7, 2025: Niyogin Fintech Limited (BSE: 538772) has released its provisional business update for Q1 FY26, showcasing significant growth in both its lending and technology segments.
Strong Lending Momentum and Tech-Led Growth
For the quarter ended June 30, 2025, Niyogin reported a 52.7% year-on-year (YoY) increase in its Gross Loan Assets Under Management (AUM), reaching ₹318.5 crore. This is up from ₹208.5 crore in Q1 FY25. On a sequential basis, the loan AUM saw a healthy 14.2% rise from ₹278.8 crore in Q4 FY25, reflecting strong quarter-on-quarter growth.
Simultaneously, Niyogin’s technology services arm, IserveU Tech, recorded a stellar 167% YoY growth in net revenue, reaching ₹15.2 crore in Q1 FY26, compared to ₹5.7 crore in the same quarter last year. The segment also demonstrated consistent growth with an 11.7% quarter-on-quarter (QoQ) increase from ₹13.6 crore in Q4 FY25.
| Particulars | Q1 FY25 | Q1 FY26 | YoY Growth (%) | Q4 FY25 | QoQ Growth (%) |
|---|---|---|---|---|---|
| Gross Loan AUM (₹ Cr) | 208.5 | 318.5 | 52.7% | 278.8 | 14.2% |
| IserveU Tech Net Revenue (₹ Cr) | 5.7 | 15.2 | 167% | 13.6 | 11.7% |
Furthermore, the IserveU Tech order book surged to ₹579 crore, a substantial increase from approximately ₹400 crore at the end of the previous quarter. This indicates strong future revenue visibility and growing platform adoption for the technology arm.
Management Commentary
Tashwinder Singh, MD & CEO, stated:
“I am pleased to report that our key businesses are scaling in line with the direction we had provided at the beginning of the quarter.”
Regulatory Context
This provisional business update has been filed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It is important to note that these figures remain subject to audit committee and board approval, as well as final statutory audit.
Share Price Performance
As of 1:20 PM, the shares of the company were trading at ₹62.90, up by 2.56% or ₹1.57. It remains to be seen at what price the shares will close at the end of today’s market session.
Next Steps
Niyogin’s strong double-digit growth in both lending and tech segments indicates a solid business trajectory. With Gross Loan AUM up 53% YoY and IserveU Tech revenue surging 167%, the company is showing clear signs of scalability and product-market fit. The expanding IserveU order book (₹579 crore) adds visibility to future revenues. Going forward, the focus will likely remain on leveraging tech-driven credit delivery, growing the loan book sustainably, and monetising the digital stack. Regulatory clarity, asset quality, and funding cost trends will be key factors to watch in the coming quarters.
About the Company
Niyogin Fintech Limited is a publicly listed B2B fintech company focused on serving underserved MSMEs across India through its tech-led “Banking as a Service” (BaaS) platforms. The company partners with business correspondents, banks, and fintechs to offer embedded credit and financial services through a CA-led distribution network. Its shares are listed on the BSE under the scrip code 538772.
REF:https://www.bseindia.com/xml-data/corpfiling/AttachLive/584fa706-cc31-4b41-a7ac-45caa644f257.pdf
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