BSE:538772

Stock Analysis Report

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Executive Summary

Niyogin Fintech Limited operates as a non-banking finance company in India.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Niyogin Fintech's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 538772's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.5%

538772

2.7%

IN Consumer Finance

2.4%

IN Market


1 Year Return

-6.9%

538772

1.3%

IN Consumer Finance

5.1%

IN Market

Return vs Industry: 538772 underperformed the Indian Consumer Finance industry which returned -2.6% over the past year.

Return vs Market: 538772 underperformed the Indian Market which returned 2.6% over the past year.


Shareholder returns

538772IndustryMarket
7 Day3.5%2.7%2.4%
30 Day57.7%2.9%5.2%
90 Day80.0%40.3%21.1%
1 Year-6.9%-6.9%4.1%1.3%7.0%5.1%
3 Year161.4%161.4%42.6%34.0%4.8%-0.2%
5 Year1,453.1%1,453.1%180.7%156.3%30.4%20.7%

Price Volatility Vs. Market

How volatile is Niyogin Fintech's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Niyogin Fintech undervalued compared to its fair value and its price relative to the market?

1.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 538772's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 538772's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 538772 is unprofitable, so we can't compare its PE Ratio to the IN Consumer Finance industry average.

PE vs Market: 538772 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 538772's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 538772 is overvalued based on its PB Ratio (1.6x) compared to the IN Consumer Finance industry average (0.5x).


Next Steps

Future Growth

How is Niyogin Fintech forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.9%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Niyogin Fintech has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Niyogin Fintech performed over the past 5 years?

-65.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 538772 is currently unprofitable.

Growing Profit Margin: 538772 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 538772 is unprofitable, and losses have increased over the past 5 years at a rate of 65.5% per year.

Accelerating Growth: Unable to compare 538772's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 538772 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-2.7%).


Return on Equity

High ROE: 538772 has a negative Return on Equity (-8.88%), as it is currently unprofitable.


Next Steps

Financial Health

How is Niyogin Fintech's financial position?


Financial Position Analysis

Short Term Liabilities: 538772's short term assets (₹1.7B) exceed its short term liabilities (₹11.8M).

Long Term Liabilities: 538772's short term assets (₹1.7B) exceed its long term liabilities (₹71.4M).


Debt to Equity History and Analysis

Debt Level: 538772's debt to equity ratio (0.09%) is considered satisfactory.

Reducing Debt: 538772's debt to equity ratio has reduced from 79.4% to 0.09% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 538772 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 538772 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 62.8% each year


Next Steps

Dividend

What is Niyogin Fintech current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 538772's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 538772's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 538772's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 538772's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 538772's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Makarand Patankar (68 yo)

no data

Tenure

₹3,000,000

Compensation

Mr. Makarand Ram Patankar has been Whole Time Director at Niyogin Fintech Limited (formerly known as M3 Global Finance Limited) since December 05, 2016. Mr. Patankar has over 40 years of experience in fina ...


CEO Compensation Analysis

Compensation vs Market: Makarand's total compensation ($USD40.05K) is about average for companies of similar size in the Indian market ($USD49.12K).

Compensation vs Earnings: Makarand's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Amit Rajpal
Co-Founder & Non-Executive Chairman3.33yrsno data0.72%
₹ 27.9m
Makarand Patankar
Whole Time Directorno data₹3.00m0.0053%
₹ 206.7k
Parag Chopde
President & Chief Risk Officerno datano datano data
Himanshu Rajpal
President & Chief Business Officerno datano datano data
Srivaths Varadharajan
President & Chief Information Officerno datano datano data
Gaurav Patankar
Co-Founderno datano datano data
Rumit Dugar
CFO, Head of Strategy0.50yrno datano data
Noorallah Charania
Chief Operations Officer2.58yrsno datano data
Neha Agarwal
Company Secretary & Compliance Officer0.25yrno datano data
Andrews Rajan
Head of Wholesale Channel & Channel Financeno datano datano data
Devanand Chaudhary
Chief Sales Officer of Retail0.083yrno datano data

0.4yrs

Average Tenure

Experienced Management: 538772's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Amit Rajpal
Co-Founder & Non-Executive Chairman3.33yrsno data0.72%
₹ 27.9m
Makarand Patankar
Whole Time Directorno data₹3.00m0.0053%
₹ 206.7k
Kapil Kapoor
Non-Executive Independent Director3.33yrs₹375.00k0.57%
₹ 22.2m
Subhasri Sriram
Additional Independent Director0.58yrno datano data
Eric Wetlaufer
Independent Director1.5yrsno datano data
Sutapa Banerjee
Non-Executive Independent Director3.33yrs₹450.00kno data

3.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 538772's board of directors are considered experienced (3.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Niyogin Fintech Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Niyogin Fintech Limited
  • Ticker: 538772
  • Exchange: BSE
  • Founded: 1988
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: ₹3.899b
  • Shares outstanding: 85.99m
  • Website: https://www.niyogin.in

Number of Employees


Location

  • Niyogin Fintech Limited
  • Neelkanth Corporate IT Park
  • 311/312, 3rd Floor
  • Mumbai
  • Maharashtra
  • 400086
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538772BSE (Mumbai Stock Exchange)YesEquity SharesININRNov 2014

Biography

Niyogin Fintech Limited operates as a non-banking finance company in India. It is involved in unsecured working capital credit to micro, small, and medium enterprises. The company was formerly known as M3 ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/11 12:53
End of Day Share Price2020/08/10 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.