| Revenue growth | FY26 down 14% YoY; Q4'26 down 31% YoY. |
|---|---|
| Margins | Net Revenue Margin improved 530 bps YoY to 36.8% for FY26. |
| Demand visibility | Strong traction in referral loans, up 3.5x YoY in FY26. |
| Management confidence | High regarding SFB transition and 'Liability-First' model. |
Growth
FY26 PAT at ₹52.5 Cr (-43% YoY); EBITDA at ₹243.2 Cr (+4% YoY). Quarterly Q4'26 Revenue down 31% YoY.
Outlook
Targeting SFB go-live by Q1 FY28; aim for ₹8k-10k Cr AUM by FY30 with 20%+ ROE.
Risks
Significant YoY declines in PAT and Revenue; cost-to-income ratio increased to 38.8% in Q4'26 from 25.5% YoY.
Earnings Call filed with BSE, NSE: FINOPB. Summary written with AI assistance from the document.
Fino Payments Bank Ltd: key numbers
- Share price
- ₹128.20
- Market cap
- ₹1,067 Cr
- Revenue (annual)
- ₹248.2 Cr
- Net profit (annual)
- ₹52.46 Cr
- P/E (TTM)
- 50.9×Sector 21.9×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 0.31%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Fino Payments Bank Ltd
All →Fino Payments Bank Business Update
Fino Payments Bank reported August 2026 deposits of ₹2,821 Cr and loan disbursals of ₹243 Cr. It noted momentum for its proposed Small Finance Bank transition.
Fino Payments Bank Annual General Meeting
Fino Payments Bank Limited has issued a notice for its 10th Annual General Meeting, scheduled to be held on September 29, 2026, through video conferencing.
Fino Payments Bank Management Change
Fino Payments Bank Ltd has appointed Mr. Amit Kumar as the Head – Branch Banking, effective September 04, 2026.
Fino Payments Bank Management Change
Fino Payments Bank Limited approved the tenure extension of Mr. Ketan Merchant as Interim CEO for three months. This extension is effective August 27, 2026, subject to RBI approval.
- Execution
- 3 months
Fino Payments Bank Earnings Call Transcript: Key Takeaways
Fino faces a tough Q1 with its profitable B2B UPI business paused for recalibration, causing an EBITDA drop despite strong retail growth.
Fino Payments Bank Investor Presentation: Key Takeaways
Fino Payments Bank reported a Q1 FY27 loss of ₹13.7 Cr. Despite revenue headwinds, Net Revenue Margin hit a record 42.8% driven by high-margin CASA business expansion.