Fino Payments

Why is Fino Payments Bank Ltd falling/rising?

As of 11-Jun, Fino Payments Bank Ltd's stock price is declining, currently at 131.25, with a total drop of -6.36% over the last two days and a -50.66% return over the past year. Investor participation is waning, and despite some positive long-term fundamentals, recent poor financial results and declining institutional confidence contribute to the negative sentiment surrounding the stock.

As of 11-Jun, Fino Payments Bank Ltd's stock price is falling, currently at 131.25, reflecting a change of -1.65 (-1.24%). The stock has been losing value for the last two days, resulting in a total decline of -6.36% during this period. This downward trend is compounded by the stock's significant underperformance over the past year, where it has generated a return of -50.66%, compared to a -10.52% return for the benchmark index, the Sensex.<BR><BR>Investor participation is also declining, as evidenced by a -23.71% drop in delivery volume on June 10 compared to the five-day average. Additionally, institutional investors have reduced their stake by -1.41% in the previous quarter, indicating a lack of confidence among more sophisticated investors. The stock's performance has been consistently poor, underperforming against the benchmark in each of the last three years, which further contributes to the negative sentiment surrounding it.<BR><BR>Despite some positive long-term fundamentals, such as a 65.05% CAGR growth in net sales and a relatively attractive valuation, the recent flat results and significant declines in profits—down -39.6%—have overshadowed these strengths. The lowest quarterly PAT of Rs 7.10 crore and a non-operating income that constitutes an unusually high percentage of profit before tax also raise concerns about the company's financial health. Overall, these factors collectively explain why Fino Payments Bank Ltd's stock price is currently falling.

What does Fino Payments do?

Fino Payments Bank Ltd is a small-cap fintech company that operates as a payments bank, having been incorporated in 2007 and receiving RBI approval in 2017. As of March 2026, it reported net sales of 64 Cr and a net profit of 8 Cr, with a market cap of INR 1,150 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, with the most recent being in April 2017 when it received approval from the RBI to operate as a payments bank. The latest reported quarter for net sales and profit is March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 64 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 8 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 1,150 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 20.00 <BR>Industry P/E: 20 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.00 <BR>Return on Equity: 7.43% <BR>Price to Book: 1.54 <BR><BR>Contact Details:<BR>No Company Details Available <BR>Registrar Address: Not available.

Which are the latest news on Fino Payments?

How big is Fino Payments?

As of 10th June, Fino Payments Bank Ltd has a market capitalization of 1,150.00 Cr, with net sales of 248.16 Cr and net profit of 55.93 Cr over the latest four quarters. Shareholder's funds are 746.88 Cr, and total assets amount to 4,205.94 Cr.

As of 10th June, <BR><BR>Market Cap: Fino Payments Bank Ltd has a market capitalization of 1,150.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 248.16 Cr, while the sum of Net Profit for the same period is 55.93 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2025. Shareholder's Funds stand at 746.88 Cr, and Total Assets amount to 4,205.94 Cr.

Who are in the management team of Fino Payments?

The management team of Fino Payments includes Rishi Gupta (Managing Director & CEO), Suresh Kumar Jain, Deena A Mehta, Rajat Kumar Jain, Prakash Kulathu Iyer (all Independent Directors), Basavraj Loni (Company Secretary), Rakesh Bhartia (Part-Time Chairman), and nominees Prateek Roongta and Pankaj Kumar. They are responsible for the company's strategic direction and governance.

The management team of Fino Payments includes the following key 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 plays a crucial role in guiding the company's strategic direction and governance.

Who are the peers of the Fino Payments?

Fino Payments' peers include PB Fintech, One 97, AvenuesAI, One Mobikwik, WSFX Global, Suvidhaa Info., AGS Transact, and MOS Utility. In terms of management risk, growth, and capital structure, PB Fintech and AvenuesAI perform excellently, while Fino Payments has average management risk and good growth, with a 1-year return of -50.24%.

Peers: The peers of Fino Payments are PB Fintech., One 97, AvenuesAI, One Mobikwik, WSFX Global, Suvidhaa Info., AGS Transact, and MOS Utility.<BR><BR>Quality Snapshot: Excellent management risk is observed at PB Fintech., AvenuesAI, and WSFX Global, while Average management risk is found at Fino Payments and One 97. Below Average management risk is noted for One Mobikwik, Suvidhaa Info., AGS Transact, and the rest. Excellent growth is seen at PB Fintech., AvenuesAI, WSFX Global, and MOS Utility, while Good growth is attributed to Fino Payments and One 97. Below Average growth is present at Suvidhaa Info. and AGS Transact, with the rest having Good or Excellent growth ratings. Excellent capital structure is noted for PB Fintech., One 97, AvenuesAI, One Mobikwik, and Fino Payments, while Below Average capital structure is found at Suvidhaa Info. and AGS Transact, with the rest having Excellent ratings.<BR><BR>Return Snapshot: The peer with the highest 1-year return is One 97 at 7.92%, while the peer with the lowest is AvenuesAI at -42.33%. Fino Payments has a 1-year return of -50.24%, which is lower than both of these peers. Additionally, several peers, including AvenuesAI, One Mobikwik, Suvidhaa Info., AGS Transact, and Fino Payments, have negative six-month returns.

Are Fino Payments Bank Ltd latest results good or bad?

Fino Payments Bank Ltd's latest results show significant challenges, with a 21.45% increase in net sales to ₹64.10 crores but a 70.42% decline in net profit year-on-year, indicating deep operational inefficiencies and reliance on non-core income. Overall, the results suggest more bad than good, raising concerns about the company's future viability.

Fino Payments Bank Ltd's latest results indicate significant challenges. While the company reported a 21.45% year-on-year growth in net sales, reaching ₹64.10 crores, it continues to struggle with core profitability. The operating profit before other income was a substantial negative ₹241.61 crores, highlighting deep operational inefficiencies.<BR><BR>The net profit for the quarter was ₹7.10 crores, which represents a dramatic decline of 70.42% year-on-year and a 42.03% drop from the previous quarter. Additionally, the profit after tax (PAT) margin fell sharply to 11.08%, down from 45.47% a year earlier, indicating severe margin compression.<BR><BR>A critical concern is the company's heavy reliance on other income, which accounted for an astonishing 6,728.78% of profit before tax. This dependency raises serious questions about the sustainability of its business model, as the core banking operations remain unprofitable.<BR><BR>Overall, while there are some positive aspects, such as revenue growth, the underlying operational weaknesses and significant profit declines suggest that the results are more bad than good. The company's future viability appears to be at risk without substantial improvements in its core operations.

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

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.

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.

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.

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.

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.

Has Fino Payments declared dividend?

No Dividend History Available