First Fintec

When is the next results date for First Fintec?

No Upcoming Board Meetings

What does First Fintec do?

First Fintec Ltd is a micro-cap software solution provider, incorporated in 2000, with reported net sales and profit of 0 Cr for March 2025 and a market cap of Rs 8 Cr. The company operates with a low debt-equity ratio of 0.02 and a negative return on equity of -0.83%.

Overview:<BR>First Fintec Ltd is a web-enabled software solution provider operating in the software products industry, categorized as a micro-cap company.<BR><BR>History:<BR>First Fintec Ltd was incorporated on 3rd March 2000 as a Public Limited Company, originally known as IQMS Software Limited. The company obtained its Certificate for Commencement of Business on 13th March 2000 and conducted an Initial Public Offering (IPO) in the same year. The latest quarterly results reported net sales and net profit of 0 Cr for March 2025.<BR><BR>Financial Snapshot:<BR>Net Sales: 0 Cr (Quarterly Results - Mar 2025) <BR>Net Profit: 0 Cr (Quarterly Results - Mar 2025) <BR>Market Cap: Rs 8 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: N/A <BR>Industry P/E: 29 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.02 <BR>Return on Equity: -0.83% <BR>Price to Book: 0.69 <BR><BR>Contact Details:<BR>Address: 302 The Bureau Chambers, Above S B of Patiala Chembur Mumbai Maharashtra : 400071 <BR>Tel: 91-22-25272510/25276077 <BR>Email: info@firstobjectindia.com <BR>Website: http://www.firstfintec.com

Has First Fintec declared dividend?

First Fintec Ltd has declared a 1% dividend, amounting to 0.1 per share, with an ex-date of March 12, 2012. However, the dividend yield is currently 0%, and total returns have varied significantly over different periods.

First Fintec Ltd has declared a 1% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 1%<BR>- Amount per share: 0.1<BR>- Ex-date: 12 Mar 12<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -36.3%, the dividend return was 0%, resulting in a total return of -36.3%.<BR><BR>In the 1-year period, the price return was -8.06%, the dividend return was 0%, resulting in a total return of -8.06%.<BR><BR>In the 2-year period, the price return was 63.31%, the dividend return was 0%, resulting in a total return of 63.31%.<BR><BR>In the 3-year period, the price return was 41.75%, the dividend return was 0%, resulting in a total return of 41.75%.<BR><BR>In the 4-year period, the price return was 22.28%, the dividend return was 0%, resulting in a total return of 22.28%.<BR><BR>In the 5-year period, the price return was 290.37%, the dividend return was 0%, resulting in a total return of 290.37%.<BR><BR>Overall, First Fintec Ltd has declared a dividend, but the dividend yield is currently 0%. The total returns over various periods show significant variation, with a notable increase in returns over the longer term despite the absence of dividends in recent years.

Who are the peers of the First Fintec?

First Fintec's peers include Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Moschip Tech., Nucleus Soft., CLIO Infotech, Virgo Global, Nihar Info Glob., and Omni Ax's. Among these, Oracle Fin.Serv. shows the best management and growth ratings, while First Fintec has Below Average ratings in management risk, growth, and capital structure, with a 1-year return of -12.39%.

Peers: The peers of First Fintec are Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Moschip Tech., Nucleus Soft., CLIO Infotech, Virgo Global, Nihar Info Glob., and Omni Ax's.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oracle Fin.Serv. and the rest have either Good or Below Average management risk, with C.E. Info System and Nucleus Soft. rated as Good, while Tanla Platforms, Moschip Tech., Virgo Global, Nihar Info Glob., and First Fintec are rated Below Average. Growth ratings show Good growth at C.E. Info System, Tanla Platforms, and Moschip Tech., while Below Average growth is found at Oracle Fin.Serv., Nucleus Soft., First Fintec, Virgo Global, Nihar Info Glob., and the rest. Excellent capital structure is noted at Oracle Fin.Serv., C.E. Info System, Tanla Platforms, and Nucleus Soft., while Below Average capital structure is seen at Moschip Tech., First Fintec, Virgo Global, Nihar Info Glob., and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Oracle Fin.Serv. at 10.09%, while the lowest is Tanla Platforms at -32.88%. First Fintec's 1-year return is -12.39%, which is higher than Tanla Platforms but lower than Oracle Fin.Serv. Additionally, peers with a negative six-month return include Oracle Fin.Serv., Tanla Platforms, Moschip Tech., Virgo Global, and First Fintec.

Is First Fintec overvalued or undervalued?

As of April 25, 2023, First Fintec is rated as risky and overvalued, with a PE Ratio of -7.59 and an EV to EBITDA of -7.86, significantly lower than peers like TCS and Infosys, and has underperformed the Sensex with a year-to-date decline of 31.43%.

As of 25 April 2023, the valuation grade for First Fintec has moved from does not qualify to risky. The company is currently assessed as overvalued based on its financial ratios. Key ratios include a PE Ratio of -7.59, an EV to EBITDA of -7.86, and a Price to Book Value of 0.70. <BR><BR>In comparison to its peers, First Fintec's valuation metrics are significantly lower than those of TCS, which has a PE Ratio of 25.23 and an EV to EBITDA of 17.63, and Infosys, with a PE Ratio of 24.32 and an EV to EBITDA of 15.83. The stark contrast in these ratios highlights the overvaluation of First Fintec. Additionally, while the company has shown a 3.60% return over the past week, it has underperformed the Sensex over the longer term, with a year-to-date decline of 31.43% compared to the Sensex's gain of 5.61%.

What is the technical trend for First Fintec?

As of June 2, 2025, First Fintec's technical trend has shifted to a moderately strong bearish stance, indicated by bearish MACD and moving averages, alongside conflicting signals from the KST and Bollinger Bands, with the stock near its 52-week low.

As of 2 June 2025, the technical trend for First Fintec has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish moving averages on the daily chart, and mildly bearish signals from Bollinger Bands on both weekly and monthly time frames. The KST shows a mildly bullish trend on the weekly but remains mildly bearish monthly, indicating some conflicting signals. Overall, the bearish trend is reinforced by the recent price action, with the stock trading near its 52-week low.

Who are in the management team of First Fintec?

As of March 2021, the management team of First Fintec includes Vivek Hebbar (Chairman), P Sailesh (Director), Rajan V Pillai (Chairman), Leena Vivek (Director), and Alka Kirpalani (Company Secretary). They are responsible for the company's governance and administration.

As of March 2021, the management team of First Fintec includes:<BR><BR>1. Vivek Hebbar - Chairman<BR>2. P Sailesh - Director<BR>3. Rajan V Pillai - Chairman<BR>4. Leena Vivek - Director<BR>5. Alka Kirpalani - Company Secretary<BR><BR>These individuals play key roles in the governance and administration of the company.

Who are the top shareholders of the First Fintec?

The top shareholders of First Fintec are Firstcall India Equity Advisors Pvt Ltd with 47.4%, followed by public shareholder Rishit Dinesh Maniar Huf at 4.28%, and individual investors who collectively own 44.52%. There are no institutional or pledged promoter holdings reported.

The top shareholders of First Fintec include Firstcall India Equity Advisors Pvt Ltd, which holds the largest share at 47.4%. The highest public shareholder is Rishit Dinesh Maniar Huf, with a holding of 4.28%. Additionally, individual investors collectively own 44.52% of the company. There are no institutional holdings or pledged promoter holdings reported.

How big is First Fintec?

As of 24th July, First Fintec Ltd has a market capitalization of 6.00 Cr, classifying it as a Micro Cap company, with recent Net Sales of 69.70 Cr and a Net Profit of 10.35 Cr. Data for Shareholder's Funds and Total Assets is unavailable.

As of 24th July, First Fintec Ltd has a market capitalization of 6.00 Cr, categorizing it as a Micro Cap company.<BR><BR>For the latest four quarters, the company reported Net Sales of 69.70 Cr and a Net Profit of 10.35 Cr.<BR><BR>The reporting period for the balance sheet is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

How has been the historical performance of First Fintec?

First Fintec demonstrated steady growth from 2008 to 2010, with net sales increasing from 21.67 Cr to 48.81 Cr and profit after tax rising from 6.40 Cr to 11.57 Cr, despite a slight decline in operating profit margin. Overall, the company showed positive trends in sales, profitability, and cash flow.

Answer:<BR>The historical performance of First Fintec shows a steady growth in net sales and profitability over the years from 2008 to 2010.<BR><BR>Breakdown:<BR>First Fintec's net sales increased from 21.67 Cr in March 2008 to 48.81 Cr in March 2010, reflecting a strong upward trend. Total operating income followed the same trajectory, rising from 21.67 Cr in 2008 to 48.81 Cr in 2010. The total expenditure, excluding depreciation, also grew from 15.02 Cr in 2008 to 36.59 Cr in 2010, indicating increased operational costs. Operating profit, excluding other income, improved from 6.65 Cr in 2008 to 12.22 Cr in 2010, while profit before tax rose from 6.40 Cr to 11.57 Cr during the same period. Profit after tax showed a similar increase, moving from 6.40 Cr in 2008 to 11.57 Cr in 2010. The consolidated net profit slightly increased from 3.26 Cr in 2008 to 5.90 Cr in 2010. Earnings per share also demonstrated growth, rising from 1.7 in 2008 to 3.08 in 2010. The operating profit margin, however, decreased from 30.68% in 2008 to 25.04% in 2010, while the profit after tax margin remained relatively stable around 23.71% in 2010 compared to 29.52% in 2008. Cash flow from operating activities improved from 3.06 Cr in 2008 to 5.21 Cr in 2010, indicating better cash generation capabilities. Overall, First Fintec exhibited a positive growth trend in sales and profits, despite some fluctuations in margins.

Are First Fintec Ltd latest results good or bad?

First Fintec Ltd's latest results are concerning, with a 51.61% drop in net profit and a significant decline in operating margins, despite a year-on-year revenue growth of 42.76%. Analysts have rated the stock as a "Strong Sell," indicating serious operational challenges and a deteriorating financial position.

The latest results for First Fintec Ltd indicate a challenging situation for the company. In Q3 FY26, the consolidated net profit dropped significantly to ₹1.65 crore, a decline of 51.61% compared to the previous quarter. Net sales also fell by 3.27% to ₹19.23 crore. The operating margin saw a dramatic decrease from 36.82% to 18.58%, which raises concerns about the company's operational efficiency and cost management.<BR><BR>While there is a positive aspect in terms of year-on-year revenue growth of 42.76% and a 21.32% increase in consolidated net profit compared to the same quarter last year, the sharp declines in profitability and margins on a quarter-over-quarter basis are alarming. Additionally, the company's return on capital employed (ROCE) is negative, indicating that it is not generating adequate returns on the capital it employs.<BR><BR>The stock has also faced significant pressure, trading down 35.14% year-to-date, which is considerably worse than the overall market performance. Analysts have assigned a "Strong Sell" rating to the stock, reflecting deep concerns about its financial health and future prospects.<BR><BR>Overall, the results can be characterized as bad, highlighting serious operational challenges and a deteriorating financial position.

Which are the latest news on First Fintec?

Should I buy, sell or hold First Fintec Ltd?

Why is First Fintec Ltd falling/rising?

As of 02-Jun, First Fintec Ltd's stock price is rising to 7.05, reflecting a 1.15% increase. This upward trend is supported by strong momentum, as the stock has outperformed the Sensex recently, despite a notable drop in investor participation.

As of 02-Jun, First Fintec Ltd's stock price is rising, currently at 7.05, with a change of 0.08 (1.15%) upwards. This increase can be attributed to several factors. The stock has been on a positive trend, gaining for the last three days and achieving a total return of 9.64% during this period. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong momentum.<BR><BR>In the context of market performance, First Fintec Ltd has outperformed the benchmark Sensex over the past week, with a return of +6.17% compared to the Sensex's -1.79%. Furthermore, the stock has shown resilience year-to-date, with a gain of +1.59% while the Sensex has declined by -12.40%. <BR><BR>However, it is important to note that the stock has underperformed its sector by -3.29% today, and there has been a significant drop in investor participation, with delivery volume falling by -76.54% against the 5-day average. Despite this decline in participation, the overall positive performance over recent days and the stock's position relative to moving averages contribute to its current rise in price.