Please find enclosed Press Release: Q1 FY27 Results: Niyogin continues strategic execution across iServeU and NBFC Businesses in Q1 FY27

niyogin August 13, 2026 BSE Limited Phiroze Jeejeebhoy Towers Dalal Street, Fort Mumbai -400001 BSE Scrip Code: 538772 & 977641 Subject: Press Release: Q1 FY27 Results: Niyogin Continues Strategic Execution across iServeU and NBFC Businesses in Q1 FY27 Dear Sir/ Ma’am, In compliance with the provisions of Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Press release being issued by the Company today. The aforesaid information is also being made available on the website of the Company i.e. www.niyogin.com We request you to kindly take this to your records and oblige. Yours truly, For Niyogin Fintech Limited Neha Daruka Company Secretary Encl: a/a Niyogin Fintech Limited (CIN L65910TN1988PLC131102) Regd. office: M.I.G 944, Ground Floor, TNHB Colony, 1st Main road, Velachery, Chennai, Tamil Nadu – 600042 Corporate office: Neelkanth Corporate IT Park, 311/312, 3rd Floor, Kirol Road, Vidyavihar (w), Mumbai – 400086 Chennai Tel: 044 47210437 | Mumbai Tel: 022 62514646 | email: customersupport@niyogin.in | Website: www.niyogin.com PRESS RELEASE Q1 FY27 Results: Niyogin Continues Strategic Execution Across iServeU and NBFC Businesses in Q1 FY27 Mumbai, India | August 13, 2026 Niyogin Fintech Limited (BSE: 538772), a publicly listed fintech platform, today announced its financial and operational performance for the quarter ended June 30, 2026. Commenting on the Company’s performance, Tashwinder Singh, MD & CEO, Niyogin Fintech Limited said, “We took a cautious stand in Q1 FY27 given the risks posed by the environment. On the back of a successful FY26, our two businesses, NBFC and iServeU, continued to grow their core revenue streams. While on a headline basis the Company missed its guidance for the quarter, the momentum on core revenues gives us confidence in our ability to deliver another profitable year in FY27. On the demerger, having already received approvals from SEBI, BSE and RBI, we have now filed our application with the NCLT for final approval to give effect to the proposed scheme. iServeU saw a softening of overall revenues in the quarter, driven by two factors. In the UPI acquiring business, partner banks changed their operating model as part of a risk management exercise, moving from a bank-led model to an aggregator-led model; volumes have started to come back and we expect significantly higher volumes under the new model. Separately, logistical issues arising from the West Asia situation caused a chip shortage and longer delivery times for devices deployed under our Soundbox/POS programs, leading to reduced deployments this quarter. The order book stood at ~₹546 Cr, marginally lower than the previous quarter, partly as some orders were diverted to other players given the device shortage; we have since tied up with Indian manufacturers to help increase supply in the coming quarters. The deeper story in iServeU remains structural: the business continues to move towards being predominantly a SaaS business, with recurring revenue growing from ₹3.7 Cr to ₹5.6 Cr this quarter. We expect iServeU to deliver net revenue** of ₹100-115 Cr with EBITDA margins of 25-30% in FY27, targets that have been marginally reduced to reflect the slowness seen this quarter. The NBFC business delivered a measured performance in Q1 FY27, given the relatively high-risk environment we are operating in. We continue to focus on calibrated portfolio growth, disciplined underwriting, and partnership-led lending. During the quarter, the Company also maintained a conservatively positioned balance sheet with debt-to-equity below 1.0. We expect the NBFC business to deliver AUM* of ₹450-500 Cr with net profit of ₹8-10 Cr in FY27, targets that have also been muted to reflect the environment. We are confident that our strategic initiatives, partner-first approach, and strong execution capabilities will continue to hold us in good stead as we continue this journey.” *Including off-book exposure **Gross Income, net of partner payouts, funding costs, and credit costs Q1 FY27 Highlights iServeU ● Q1 FY27 Net Revenue stood at ₹15.8 Cr ● Recurring (SaaS) revenue grew to ₹5.6 Cr in Q1 FY27 from ₹3.7 Cr in Q4 FY26, reflecting the Company's structural shift towards a predominantly SaaS-led model ● Order book stood at ~₹546 Cr across 45 contracts, marginally lower QoQ due to some orders being moderated amid reduced device availability amid chip shortage. ● Soundbox deployments reached ~539K units Niyogin - NBFC ● NBFC PBT (Ex-ESOP) stood at ₹1.0 Cr in Q1 FY27 ● AUM* stood at ₹332 Cr ● Conservatively positioned balance sheet with debt-to-equity below 1.0 Consolidated ● Consolidated Net Revenue stood at ₹22.1 Cr, down 8% YoY (₹24.2 Cr in Q1 FY26) ● Consolidated PBT (Ex-ESOP) stood at ₹(6.0) Cr in Q1 FY27, compared to ₹(0.4) Cr in Q1 FY26 ● Consolidated EBITDA stood at ₹0.2 Cr, compared to ₹2.4 Cr in Q1 FY26 *Including off-book exposure **Gross Income, net of partner payouts, funding costs, and credit costs FOR FURTHER DETAILS, PLEASE FEEL FREE TO CONTACT Investor Relations Abhishek Thakkar Niyogin Fintech Limited P: +91 22 6251 4635 E: abhishek.thakkar@niyogin.in Registered Office Corporate Office MIG 944, Ground Floor TNHB Colony, 1st Neelkanth Corporate IT Park 311/312, 3rd Main Road, Floor Velachery Chennai, Tamil Nadu: 600042 Kirol Road Vidyavihar West Telephone: 044- 6151 2151 Mumbai, Maharashtra: 400086 Email: investor.relations@niyogin.in Disclaimer: This press release may include statements of future expectations and other forward-looking statements based on management's current expectations and beliefs concerning future developments and their potential effects upon Niyogin and its subsidiaries/ associates. These forward-looking statements involve known or unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Forward-looking statements are provided to allow potential investors the opportunity to understand management’s beliefs and opinions in respect of the future so that they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Important factors that could cause actual results to differ materially from our expectations include, amongst other: general economic and business conditions in India, our ability to successfully implement our strategy, our research and development efforts, our growth and expansion plans and technological changes, change in laws and regulations that apply to NBFCs, increasing competition in and the conditions of the NBFCs, changes in political conditions in India. Neither Niyogin, nor our Directors, or any of our subsidiaries/associates assume any obligation to update any particular forward-looking statement contained in this release. The Company undertakes no obligation to update forward-looking statements if circumstances or management’s estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.