Fino Payments

Who are the top shareholders of the Fino Payments?

The top shareholders of Fino Payments include Fino Paytech Limited with 75.0%, mutual funds with 3.03%, foreign institutional investors at 4.08%, and individual investors holding 13.79%. The largest public shareholder is Motilal Oswal Dynamic Fund, which owns 2.2%.

The top shareholders of Fino Payments include Fino Paytech Limited, which holds a significant 75.0% of the company as the major promoter. Other notable shareholders are mutual funds, which collectively hold 3.03% through two schemes, and foreign institutional investors (FIIs), who hold 4.08% through 31 different entities. Additionally, the highest public shareholder is Motilal Oswal Dynamic Fund, with a holding of 2.2%. Individual investors also have a notable stake, accounting for 13.79% of the total shares.

What does Fino Payments do?

Fino Payments Bank Ltd is a small-cap fintech company that provides various financial services. As of March 2025, it reported net sales of ₹53 Cr and a net profit of ₹24 Cr, with a market cap of ₹2,213 Cr.

Overview:<BR>Fino Payments Bank Ltd operates in the financial technology (fintech) sector and is categorized as a small-cap company.<BR><BR>History:<BR>Fino Payments Bank Limited was incorporated in 2007 as Fino Fintech Foundation and underwent several name changes, including Fino Fintech Private Limited in 2015 and Fino Fintech Limited in 2017 following its conversion to a public limited company. The latest quarterly results reported net sales and net profit for March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 53 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 24 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,213 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 12.86% <BR>Price to Book: 2.96<BR><BR>Contact Details:<BR>Registrar Address: Not available. <BR>Phone: N/A <BR>Email: N/A <BR>Website: N/A

Who are in the management team of Fino Payments?

As of March 2022, Fino Payments' management team includes Rishi Gupta (Managing Director & CEO), Rakesh Bhartia (Part-Time Chairman), and several independent directors such as Suresh Kumar Jain and Deena A Mehta, along with other key executives and nominees. This diverse team guides the company's governance and strategic direction.

As of March 2022, the management team of Fino Payments includes the following individuals:<BR><BR>1. Rishi Gupta - Managing Director & CEO<BR>2. Suresh Kumar Jain - Independent Director<BR>3. Deena A Mehta - Independent Director<BR>4. Rajat Kumar Jain - Independent Director<BR>5. Basavraj Loni - Company Secretary & Compliance Officer<BR>6. Prakash Kulathu Iyer - Independent Director<BR>7. Rakesh Bhartia - Part-Time Chairman<BR>8. Prateek Roongta - Nominee<BR>9. Pankaj Kumar - Nominee<BR><BR>This team comprises a mix of executive leadership and independent directors, contributing to the governance and strategic direction of the company.

Has Fino Payments declared dividend?

No Dividend History Available

Who are the peers of the Fino Payments?

Fino Payments' peers include PB Fintech, One 97, Infibeam Avenues, One Mobikwik, Suvidhaa Info, WSFX Global, AGS Transact, and MOS Utility. In terms of management risk and growth, Fino Payments ranks well, with a 1-year return of -6.95%, better than Infibeam Avenues but lower than One 97's 118.49%.

Peers: The peers of Fino Payments are PB Fintech., One 97, Infibeam Avenues, One Mobikwik, Suvidhaa Info., WSFX Global, AGS Transact, and MOS Utility.<BR><BR>Quality Snapshot: Excellent management risk is observed at PB Fintech., Infibeam Avenues, Fino Payments, and MOS Utility, while Average management risk is found at One 97 and the rest. Below Average management risk is present at One Mobikwik, Suvidhaa Info., WSFX Global, and AGS Transact. In terms of growth, Excellent growth is noted at PB Fintech., Infibeam Avenues, Fino Payments, and MOS Utility, while Average growth is seen at One 97 and One Mobikwik, and Below Average growth is found at Suvidhaa Info. and AGS Transact. Excellent capital structure is held by PB Fintech., One 97, Infibeam Avenues, Fino Payments, One Mobikwik, and WSFX Global, while Below Average capital structure is observed at Suvidhaa Info., AGS Transact, and the rest.<BR><BR>Return Snapshot: One 97 has the highest 1-year return at 118.49%, while Infibeam Avenues has the lowest at -45.32%. Fino Payments' 1-year return is -6.95%, which is higher than Infibeam Avenues but lower than One 97. Additionally, the six-month return is negative for One Mobikwik, WSFX Global, AGS Transact, and Infibeam Avenues.

How big is Fino Payments?

As of 24th July, Fino Payments Bank Ltd has a market capitalization of 2,354.00 Cr, with recent net sales of 195.21 Cr and a net profit of 92.53 Cr. The balance sheet for March 2024 shows shareholder's funds of 643.16 Cr and total assets of 3,419.11 Cr.

As of 24th July, Fino Payments Bank Ltd has a market capitalization of 2,354.00 Cr, categorizing it as a Small Cap company.<BR><BR>In the latest four quarters, Fino Payments reported Net Sales of 195.21 Cr and a Net Profit of 92.53 Cr.<BR><BR>The latest annual period for the balance sheet is March 2024, showing Shareholder's Funds of 643.16 Cr and Total Assets of 3,419.11 Cr.

How has been the historical performance of Fino Payments?

Fino Payments has shown significant growth in net sales, increasing from 18.13 Cr in Mar'20 to 195.23 Cr in Mar'25, while profit before tax improved from -32.04 Cr to 108.35 Cr. Despite rising total expenditures leading to a negative operating profit, the company has enhanced its earnings per share from -7.19 to 11.12 and improved cash flow from operating activities to 76.00 Cr.

Answer:<BR>The historical performance of Fino Payments shows significant growth in net sales and profit over the years, with net sales increasing from 18.13 Cr in Mar'20 to 195.23 Cr in Mar'25. The total operating income also reflects this upward trend, rising from 18.13 Cr in Mar'20 to 195.23 Cr in Mar'25. However, the company has faced challenges with total expenditure, which increased from 712.53 Cr in Mar'20 to 1,638.17 Cr in Mar'25, leading to an operating profit (PBDIT) that remains negative at -1,442.94 Cr in Mar'25. Despite this, the company has shown improvement in profit before tax, which rose from -32.04 Cr in Mar'20 to 108.35 Cr in Mar'25, and profit after tax also increased from -32.04 Cr in Mar'20 to 92.53 Cr in Mar'25. The earnings per share (EPS) have improved significantly from -7.19 in Mar'20 to 11.12 in Mar'25. On the balance sheet, total assets grew from 624.00 Cr in Mar'20 to 4,205.94 Cr in Mar'25, while total liabilities increased from 110.79 Cr in Mar'20 to 839.46 Cr in Mar'25. The cash flow from operating activities has also shown positive growth, reaching 76.00 Cr in Mar'25, compared to -83.00 Cr in Mar'20.<BR><BR>Breakdown:<BR>Fino Payments has demonstrated a remarkable increase in net sales, which surged from 18.13 Cr in Mar'20 to 195.23 Cr in Mar'25, indicating a strong growth trajectory. The total operating income followed suit, reflecting the same upward trend. However, the company has struggled with rising total expenditure, which escalated from 712.53 Cr in Mar'20 to 1,638.17 Cr in Mar'25, resulting in a persistently negative operating profit (PBDIT) of -1,442.94 Cr in Mar'25. Despite these challenges, Fino Payments has made strides in profitability, with profit before tax improving from -32.04 Cr in Mar'20 to 108.35 Cr in Mar'25, and profit after tax rising from -32.04 Cr to 92.53 Cr in the same period. The earnings per share have also seen a significant turnaround, moving from -7.19 to 11.12. On the balance sheet, total assets have expanded dramatically from 624.00 Cr to 4,205.94 Cr, while total liabilities increased from 110.79 Cr to 839.46 Cr, reflecting the company's growth and investment strategies. Additionally, cash flow from operating activities has improved, reaching 76.00 Cr in Mar'25, compared to a negative cash flow of -83.00 Cr in Mar'20, indicating better operational efficiency.

Is Fino Payments overvalued or undervalued?

As of November 26, 2025, Fino Payments is fairly valued with a PE ratio of 30.32 and a troubling ROCE of -225.60%, underperforming the market with a year-to-date return of -7.92% compared to the Sensex's 9.56%.

As of 26 November 2025, Fino Payments has moved from an attractive to a fair valuation grade. The company is currently fairly valued based on its financial metrics. Key ratios include a PE ratio of 30.32, a Price to Book Value of 3.23, and a troubling ROCE of -225.60%. <BR><BR>In comparison to its peers, Fino Payments' PE ratio is lower than Bajaj Finance's 34.37 but significantly higher than Life Insurance's 11.08, indicating a mixed positioning within the industry. The company's recent stock performance has been underwhelming, with a year-to-date return of -7.92%, contrasting sharply with the Sensex's 9.56% return in the same period, which further underscores the valuation context.

Is Fino Payments technically bullish or bearish?

As of December 1, 2025, the trend is mildly bullish, supported by weekly indicators, but tempered by mixed monthly signals suggesting caution.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by the weekly MACD and Bollinger Bands indicating bullish momentum, while the daily moving averages remain bullish. However, the monthly MACD and KST show a mildly bearish trend, which tempers the overall bullish outlook. The Dow Theory also reflects a mildly bullish stance on the weekly timeframe. Overall, the strength of the bullish signal is moderate, with some caution advised due to mixed signals in the monthly indicators.

When is the next results date for Fino Payments Bank Ltd?

The next results date for Fino Payments Bank Ltd is January 29, 2026.

The next results date for Fino Payments Bank Ltd is scheduled for January 29, 2026.

Are Fino Payments Bank Ltd latest results good or bad?

Fino Payments Bank Ltd's latest results are concerning, showing a 25.88% growth in net sales but a significant 27.42% decline in net profit, alongside a deeply negative operating performance. The reliance on non-operating income and deteriorating profit margins indicate serious challenges in achieving sustainable profitability.

Fino Payments Bank Ltd's latest results indicate a challenging situation for the company. While the net sales for Q2 FY26 showed a healthy year-on-year growth of 25.88%, the net profit declined significantly by 27.42% compared to the same quarter last year, and by 13.57% on a quarter-on-quarter basis, resulting in a net profit of ₹15.35 crore.<BR><BR>One of the major concerns is the bank's core operating performance, which remains deeply negative. The operating profit before other income was a substantial loss of ₹291.10 crore, leading to an operating margin of negative 484.28%. This indicates that the bank is losing ₹4.84 for every rupee of revenue generated from its core banking activities. The profitability is heavily reliant on other income, which accounted for ₹339.94 crore in Q2 FY26, representing an alarming 1,602% of the operating profit.<BR><BR>Additionally, the profit after tax margin has compressed sharply to 25.54%, down from 44.29% a year ago, reflecting rising operational costs and structural challenges in the business model. The return on equity is also below industry standards at 10.65%.<BR><BR>Overall, while there is some positive revenue growth, the significant decline in profitability, reliance on non-operating income, and deteriorating margins suggest that the latest results are more concerning than favorable. The company faces serious challenges in achieving sustainable profitability, making it a high-risk investment at this time.

Should I buy, sell or hold Fino Payments Bank Ltd?

Which are the latest news on Fino Payments?

Why is Fino Payments Bank Ltd falling/rising?

As of 13-Mar, Fino Payments Bank Ltd's stock price is at Rs 169.05, down 4.97%, with significant underperformance over various time frames and declining investor interest. The stock is near its 52-week low and has shown a bearish trend, compounded by disappointing recent financial results.

As of 13-Mar, Fino Payments Bank Ltd's stock price is falling, currently at Rs 169.05, reflecting a decrease of Rs 8.85 or 4.97%. The stock has been underperforming significantly, with a 1-week decline of 6.03% compared to the Sensex's 5.52% drop, and a 1-month decline of 22.49% against the Sensex's 9.76%. Year-to-date, the stock has fallen by 35.45%, while the benchmark has only decreased by 12.50%. <BR><BR>The stock is also close to its 52-week low, just 0.18% away from Rs 167.8, and has experienced consecutive losses over the last two days, totaling a decline of 6.38%. Today's trading saw the stock hit an intraday low of Rs 168.1, down 5.51%. Additionally, the stock is trading below all key moving averages, indicating a bearish trend.<BR><BR>Investor participation has been declining, with delivery volume dropping by 43.57% compared to the 5-day average, suggesting reduced interest from retail investors. Furthermore, institutional investors have decreased their stake by 2.88% in the last quarter, which may contribute to the stock's downward pressure, as these investors typically have more resources to evaluate company fundamentals.<BR><BR>Despite some positive long-term growth indicators, such as a 31.27% CAGR in operating profits and a healthy annual growth rate of 69.24% in net sales, the recent financial results have been disappointing. The company's profit after tax for the last quarter fell by 38.9% compared to the previous four-quarter average, and the earnings per share reached a low of Rs 1.47. This combination of poor recent performance, declining investor participation, and consistent underperformance against benchmarks has led to the stock's current decline.

Why is Fino Payments Bank Ltd falling/rising?

As of 14-Mar, Fino Payments Bank Ltd's stock is at Rs 169.05, down 4.97%, and has significantly underperformed with a 22.49% decline over the past month. The stock is near its 52-week low, facing reduced investor interest and a 38.9% drop in profit after tax, contributing to its bearish trend.

As of 14-Mar, Fino Payments Bank Ltd's stock price is falling, currently at Rs 169.05, which reflects a decrease of Rs 8.85 or 4.97%. The stock has been underperforming significantly, with a decline of 6.03% over the past week and 22.49% over the past month, compared to the Sensex, which has fallen by 5.52% and 9.76%, respectively. <BR><BR>The stock is also close to its 52-week low, being only 0.18% away from Rs 167.8, and has experienced consecutive losses over the last two days, totaling a decline of 6.38%. Intraday trading saw the stock hit a low of Rs 168.1, marking a 5.51% drop. Additionally, Fino Payments Bank is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has notably decreased, with delivery volume dropping by 43.57% compared to the 5-day average, suggesting a lack of interest from investors. Institutional investors have also reduced their stake by 2.88% in the previous quarter, which could further contribute to the stock's decline, as these investors typically have more resources to assess company fundamentals.<BR><BR>The company's financial performance has not been encouraging either, with a reported fall in profit after tax of 38.9% in the last quarter compared to the previous four-quarter average. This, combined with a significant drop in profits over the past year, has led to a negative sentiment surrounding the stock, contributing to its current downward trajectory.

Why is Fino Payments Bank Ltd falling/rising?

As of 15-Mar, Fino Payments Bank Ltd's stock price is at Rs 169.05, down 4.97%, and has significantly underperformed with a 35.45% year-to-date decline. The stock is nearing its 52-week low, showing bearish trends and declining investor interest, compounded by disappointing financial results.

As of 15-Mar, Fino Payments Bank Ltd's stock price is falling, currently at Rs 169.05, reflecting a decrease of Rs 8.85 or 4.97%. The stock has been underperforming significantly, with a decline of 6.03% over the past week and a staggering 22.49% over the last month. Year-to-date, the stock has dropped by 35.45%, while it has also underperformed the benchmark Sensex, which has only decreased by 12.50% during the same period.<BR><BR>Today's performance indicates that the stock is close to its 52-week low, being just 0.18% away from Rs 167.8. It has experienced consecutive falls over the last two days, with a total decline of 6.38%. The stock's intraday low reached Rs 168.1, marking a 5.51% drop. Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>Investor participation has also been declining, with delivery volume on March 12 falling by 43.57% compared to the 5-day average. This suggests a lack of interest from investors, particularly institutional investors, who have reduced their stake by 2.88% in the previous quarter. The company's recent financial results have not been favorable either, with a significant drop in profit after tax and the lowest earnings per share recorded.<BR><BR>Overall, the combination of consistent underperformance against benchmarks, declining investor participation, and disappointing financial results contribute to the ongoing decline in Fino Payments Bank Ltd's stock price.