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Niyogin Fintech Limited (NIYOGIN) Fair Value & Analysis

Financial Services · IN · Market cap ₹4.8B

NF Niyogin Fintech Limited NIYOGIN · BSE
Price₹43.36
Fair Value₹11.88
Upside-72.6%
Quality34/100
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Evidence: Low Range ₹7.84 – ₹14.85

Fair value as of: Jul 5, 2026

From 2 valuation models · updated today

Share price −3.9% over the past month.

Price vs Fair Value (12 months)

₹77.26 ₹31.65 Fair Value ₹11.88 Jul 2025 Jul 2026

12‑month range ₹31.65 – ₹77.26 · fair‑value band ₹7.84 – ₹14.85 · the ₹43.36 price screens above the ₹11.88 fair value. As of Jul 5, 2026.

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Analysis

Niyogin Fintech Limited (NIYOGIN) currently trades at ₹43.36, while our model-based Fair Value estimate is ₹11.88 — implying the stock looks roughly 72.6% overvalued today. We read business quality at 34/100 (below-average quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Over the trailing twelve months, Niyogin Fintech Limited generated revenue of ₹2.9B at a net margin of -0.2%. Revenue grew 3.4% year over year. It earns a return on equity of 0.1%. Net debt stands at ₹1.7B. Fundamentals as of Jul 5, 2026

Our scenario range runs from ₹7.84 (bear case) to ₹14.85 (bull case); at ₹43.36, the current price sits above that range. The share trades about 47% below its 52-week high and 44% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -20% fair-value upside — at -73%, NIYOGIN screens richer than that median.

Key figures & financial health

Revenue (TTM) ₹2.9B
Revenue growth (YoY) +3.4%
Net margin -0.2%
Return on equity 0.1%
Free cash flow −₹1.0B FY2025
Operating margin 11.4%
More key figures
EPS (TTM) ₹-0.0500
Net debt ₹1.7B FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 5, 2026. TTM = trailing twelve months.

About the company

Niyogin Fintech Limited, together with its subsidiaries, operates as a non-banking finance company in India. The company operates iServeU, a banking-as-a-service payment platform for payment acquiring, issuing, accounts, lending, withdrawal, deposit, remittance, insurance, and customer KYC; Moneymap, an investment platform that offers financial advisory services; and Moneyfront, a digital platform for wealth advisory and analytics B2C investments for individuals, wealth analytics and a corporate treasury management platform. It also provides working capital and business term loans, supply chain loans, and other short duration and secured loans to MSMEs; wealth products, such as mutual funds, bonds, corporate deposits, PMS, etc.; and reporting and analytical tools to other private wealth outfits. The company was formerly known as M3 Global Finance Limited and changed its name to Niyogin Fintech Limited in June 2017. Niyogin Fintech Limited was incorporated in 1988 and is based in …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Niyogin Fintech Limited reported revenue of ₹2.2B in FY2025 versus ₹1.0B in FY2021, a compound +21.4%/yr. Reported net income was −₹4.7M in FY2025.

Revenue +21.4%/yr
FY21 ₹1.0B
FY22 ₹1.1B
FY23 ₹2.0B
FY24 ₹3.0B
FY25 ₹2.2B
Net income
FY21 −₹59.3M
FY22 −₹177M
FY23 −₹168M
FY24 −₹159M
FY25 −₹4.7M

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Cite: Fair Value Calculator (2026). "Niyogin Fintech Limited Fair Value". https://www.fairvalue-calculator.com/stock/NIYOGIN

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Synchrony Financial, S1YF34 R$412.88 R$211.20 -49%
Shriram Finance Limited SHRIRAMFIN ₹923.30 ₹735.80 -20%
Power Finance Corporation PFC ₹431.30 ₹616.44 +43%

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Frequently asked questions

Is Niyogin Fintech Limited (NIYOGIN) undervalued?
As of Jul 5, 2026, our model estimates a fair value of ₹11.88 versus a price of ₹43.36 — about −73% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NIYOGIN?
Our model-based fair value for Niyogin Fintech Limited is ₹11.88 (as of Jul 5, 2026), built from audited fundamentals. The current price is ₹43.36.
What is the quality score of NIYOGIN?
Niyogin Fintech Limited has a Quality Score of 34/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Niyogin Fintech Limited (NIYOGIN)?
Niyogin Fintech Limited reported trailing-twelve-month revenue of about ₹2.9B (latest available figure, as of Jul 5, 2026).
What is the net profit margin of NIYOGIN?
The net profit margin of Niyogin Fintech Limited is about -0.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.