First Fintec

Which are the latest news on First Fintec?

Why is First Fintec Ltd falling/rising?

As of 05-Sep, First Fintec Ltd's stock price is rising to 7.36, a 4.99% increase. This rise is driven by strong recent performance, trading above moving averages, and positive market sentiment, despite a decline in investor participation.

As of 05-Sep, First Fintec Ltd's stock price is rising, currently at 7.36, reflecting a change of 0.35 or 4.99% increase. This upward movement can be attributed to several factors. Over the past week, the stock has outperformed the Sensex, gaining 13.76% while the benchmark index fell by 0.97%. Additionally, the stock has shown a strong performance in the last three days, with a cumulative return of 11.68%. <BR><BR>First Fintec is also trading above its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a positive trend in its price movement. Despite a notable decline in investor participation, with delivery volume dropping by 68.22% compared to the 5-day average, the stock remains liquid enough for trading. Overall, these factors contribute to the stock's rising price, reflecting a positive market sentiment towards First Fintec Ltd.

Should I buy, sell or hold First Fintec Ltd?

Who are in the management team of First Fintec?

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).

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 the company, feel free to ask!

What does First Fintec do?

First Fintec Ltd is a micro-cap software solution provider, incorporated in 2000, specializing in web-enabled software products. As of June 2026, it reported net sales of 1 Cr and a market cap of INR 7 Cr.

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, initially known as IQMS Software Limited. The company went public with an Initial Public Offering (IPO) in the same year. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 0 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 7 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 22<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.02<BR>- Return on Equity: -0.48%<BR>- Price to Book: 0.64<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

Who are the peers of the First Fintec?

First Fintec's peers include Indo-City Info., Hit Kit Global, Svam Software, Hind.Bio Science, Nihar Info Glob., Omni Ax's, Pagaria Energy, and T. Spiritual. Among these, Hit Kit Global has the highest 1-year return at 99.17%, while Svam Software has the lowest at -46.48%.

Peers: The peers of First Fintec are Indo-City Info., Hit Kit Global, Svam Software, Hind.Bio Science, Nihar Info Glob., Omni Ax's, Pagaria Energy, and T. Spiritual.<BR><BR>Quality Snapshot: Below Average management risk is observed at Indo-City Info., Hit Kit Global, Svam Software, Hind.Bio Science, and the rest. Average growth is found at Nihar Info Glob., while Below Average growth is noted for Indo-City Info., Hit Kit Global, Svam Software, Hind.Bio Science, and the rest. Below Average capital structure is present in Indo-City Info., Hit Kit Global, Svam Software, Hind.Bio Science, and the rest.<BR><BR>Return Snapshot: Hit Kit Global has the highest 1-year return at 99.17%, while Svam Software has the lowest at -46.48%. First Fintec's 1-year return of -9.87% is worse than that of Hit Kit Global but better than Svam Software. Additionally, the six-month return is negative for Hit Kit Global, Svam Software, and Pagaria Energy.

How big is First Fintec?

Summary could not be generated.

As of 14th August, <BR><BR>Market Cap: First Fintec Ltd has a market capitalization of 7.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 69.70 Cr, while the sum of Net Profit for the same period is 10.35 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period, but data for Shareholder's Funds and Total Assets is unavailable.

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.

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.