First Fintec

Why is First Fintec Ltd falling/rising?

As of 03-Aug, First Fintec Ltd's stock price is at 6.78, down 1.31%, with significant declines over the past week and month, while underperforming against the benchmark Sensex. The stock is in a bearish trend, trading below moving averages, and the company's financial health is weak, contributing to investor concerns about its long-term viability.

As of 03-Aug, First Fintec Ltd's stock price is falling, currently at 6.78, which represents a decrease of 0.09 or 1.31%. The stock has been underperforming significantly, with a decline of 2.73% over the past week and 16.40% over the past month, while the benchmark Sensex has gained 2.35% and 1.13% respectively during those periods. Additionally, the stock has experienced a consecutive fall over the last three days, resulting in a total drop of 7% in that timeframe.<BR><BR>The stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Furthermore, despite a notable increase in investor participation, with delivery volume rising by 212.95% against the 5-day average, the overall performance today has underperformed the sector by 4.72%.<BR><BR>The company's financial health is concerning, as it has reported operating losses and a weak long-term fundamental strength, evidenced by a negative EBITDA of Rs. -0.02 crore and a poor EBIT to Interest ratio of -1.42. The cash and cash equivalents are at their lowest, and the company has shown only a 3% increase in profits over the past year, despite a 22.83% return on the stock. These factors contribute to the stock's decline, reflecting investor apprehension regarding its long-term viability.

Which are the latest news on First Fintec?

Who are in the management team of First Fintec?

The management team of First Fintec consists of Vivek Hebbar (Chairman), P Sailesh (Director), Rajan V Pillai (Chairman), Leena Vivek (Director), and Alka Kirpalani (Company Secretary).

The management team of First Fintec includes the following individuals:<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>If you need more details about their roles or contributions, feel free to ask!

Who are the peers of the First Fintec?

First Fintec's peers include Indo-City Info., Infronics Sys., Svam Software, CLIO Infotech, Hind.Bio Science, Nihar Info Glob., Virgo Global, and Omni Ax's. Notably, Indo-City Info. has the highest 1-year return at 40.82%, while Infronics Sys. has the lowest at -50.92%.

Peers: The peers of First Fintec are Indo-City Info., Infronics Sys., Svam Software, CLIO Infotech, Hind.Bio Science, Nihar Info Glob., Virgo Global, and Omni Ax's.<BR><BR>Quality Snapshot: Below Average management risk is observed at Indo-City Info., Svam Software, Hind.Bio Science, Virgo Global, and the rest. Good management risk is found at Infronics Sys., while Below Average growth is noted at Indo-City Info., Svam Software, Hind.Bio Science, and the rest. Good growth is observed at CLIO Infotech, while Average growth is found at Nihar Info Glob. Capital Structure is Excellent at CLIO Infotech, Good at Infronics Sys., and Below Average at Indo-City Info., Svam Software, Hind.Bio Science, Nihar Info Glob., Virgo Global, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indo-City Info. at 40.82%, while Infronics Sys. has the lowest at -50.92%. First Fintec's 1-year return of 19.53% is higher than that of Infronics Sys. and lower than Indo-City Info. Additionally, Infronics Sys. and Hind.Bio Science have negative six-month returns.

What does First Fintec do?

First Fintec Ltd is a Web-enabled Software Solution Provider in the Micro Cap market, incorporated in 2000 and previously known as IQMS Software Limited. As of March 2026, it reported net sales and net profit of 0 Cr, with a market cap of INR 9 Cr.

Overview: <BR>First Fintec Ltd is a Web-enabled Software Solution Provider operating in the Software Products industry within the Micro Cap market-cap bracket.<BR><BR>History: <BR>The company was incorporated on 3rd March 2000 as a Public Limited Company, originally known as IQMS Software Limited. It obtained its Certificate for Commencement of Business on 13th March 2000 and went public through an Initial Public Offering (IPO) in the same year. The latest quarterly results reported net sales and net profit of 0 Cr for March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 0 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 0 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 9 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.02 <BR>Return on Equity: -0.57% <BR>Price to Book: 0.78<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

Should I buy, sell or hold First Fintec Ltd?

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.

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.

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.

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.

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.

When is the next results date for First Fintec?

No Upcoming Board Meetings

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.