Market Mantra

Introduction High growth projections can energize investors, but the true measure of success lies in translating those projections into sustained share price appreciation. By examining how expected growth aligns with the share price rise path , investors can better anticipate returns and manage risk. Understanding Expected Growth Expected growth involves forecasted increases in revenue, profits, or market share over a given period, driven by: Expanding industry demand and favorable market dynamics Innovation in products, services, and technology Rapid customer acquisition and retention Strategic alliances, mergers, and acquisitions Competitive advantages in cost, technology, or brand Example: A fintech company projecting a ₹585 Cr order book and targeting 2x revenue growth in FY26, powered by embedded lending and diversified product offerings. How Growth Influences Share Prices Share prices typically rise when: Projections Are Met or Exceeded: Consistenc...

Niyogin Fintech — Simple Guide for Beginners (FY25–FY30) 1. Quick Overview Niyogin Fintech is a company with two main parts: Niyogin Finserv (NBFC) – gives loans to small businesses (MSMEs). iServeU – provides technology for payments and banking in smaller towns. The company plans to split (demerge) into two separate listed businesses so investors can see each clearly. 2. How the Businesses Make Money NBFC : Earns interest from lending to small businesses. It uses tech to check who can repay. Loans given (AUM) are expected to grow from ₹278 Cr in FY25 to ₹800 Cr by FY27. iServeU : Earns fees from digital banking services, devices (like POS machines), and software. Revenue is expected to grow from ₹35 Cr in FY25 to ₹150 Cr by FY27. 3. How We Estimate the Value (Easy Terms) There are two ways we looked at the value: a) DCF (Discounted Cash Flow) Think of this as adding up all the company’s future profits but adjusting them because money today is worth more than money lat...

1. Introduction Niyogin Fintech Ltd. is a diversified fintech platform focusing on MSME lending, rural financial services, and wealth-tech solutions. With an impending demerger into two listed entities— Niyogin Finserv (NBFC) and iServeU (SaaS & payments infrastructure) —the company aims to unlock value and improve operational focus. Sources: Franchise India Company Filings, BSE iServeU Official Website 2. Business Overview NBFC Arm – Niyogin Finserv MSME lending via co-lending and embedded finance. FY27 AUM target: ₹750–800 crore . Expected RoE: 14.5%+ by FY27. Strong risk management through AI-driven credit scoring. iServeU – SaaS & Payments Infrastructure Digital banking services to rural & semi-urban India. FY27 net revenue target: ₹150 crore . EBITDA margin target: 18–20% . POS terminals, soundboxes, and API-based banking solutions. 3. Past Performance Snapshot (FY25) Metric Value Revenue ₹67.4 crore NBFC A...

1. Introduction Niyogin Fintech Ltd. is not your traditional financial company—it is a hybrid fintech platform aiming to empower India’s MSMEs through a mix of lending, wealth-tech, and rural financial inclusion. From its NBFC roots in the late 1980s to today’s tech-driven, multi-vertical platform, Niyogin is now gearing up for a transformative demerger that could unlock significant shareholder value. For investors, the question is: Does Niyogin present a lucrative long-term opportunity? 2. The Journey So Far (Past) 1988 – Legacy Beginnings Incorporated as Parmarth Financial Consultants Ltd., the company initially focused on traditional finance. 2017–2018 – The Fintech Transformation Raised ₹235 crore from institutional investors, acquired an NBFC license, and began shifting towards a tech-first, MSME-centric model. Strategic Acquisitions : MoneyFront (2019) – Entered the wealth-tech space. iServeU (2020) – Expanded into rural payments and banking services via...