Niyogin Fintech Limited (BSE: 538772) has released its provisional business update for the fourth quarter of the 2026 fiscal year. The company demonstrated significant growth across its two primary verticals: its lending business and its tech-driven subsidiary, iServeU. CEO and Managing Director Tashwinder Singh attributed the performance to aggressive portfolio expansion and a robust stable of new partnerships.
Lending Momentum: AUM Increases by 26%
The company's gross Loan Assets Under Management (AUM) reached ₹351.2 crore as of March 31, 2026. This represents a healthy 26% year-on-year (YoY) increase from the ₹278.8 crore reported in the same period last year. On a sequential basis, the AUM grew by 12% compared to the third quarter of FY2026, indicating a steady acceleration in credit disbursement and portfolio buildup throughout the year.
iServeU: Stable Tech Revenue and Massive Order Book
iServeU, the company's fintech-as-a-service arm, continues to be a major growth engine.
Quarterly Growth: The net revenue for iServeU Tech reached ₹21.2 crore in Q4 FY2026, marking a significant 56% YoY growth.
Order Book: The most striking highlight is the iServeU Tech order book, which currently stands at ₹610 crore, providing high revenue visibility for the coming fiscal cycles.
Full-Year Performance: For the entire 2026 fiscal year, iServeU recorded a total net revenue of ₹74.9 crore.
While the quarterly revenue remained flat on a quarter-on-quarter (QoQ) basis compared to Q3, the stable performance and massive order backlog position the company to maintain its momentum as it enters the 2027 fiscal year.
Shares of Niyogin Fintech Ltd was last trading in BSE at Rs. 45.99 as compared to the previous close of Rs. 46.91. The total number of shares traded during the day was 15204 in over 154 trades.
The stock hit an intraday high of Rs. 48.23 and intraday low of 45.31. The net turnover during the day was Rs. 704320.00.