| Revenue growth | Overall throughput down 10% YoY due to paused B2B segments. |
|---|---|
| Margins | Net revenue margins expanded 925 bps YoY to 42.8%. |
| Demand visibility | Strong demand for secured credit and digital banking adoption. |
| Management confidence | Balanced; focused on resilience during a difficult 'recalibration' quarter. |
Growth
Net revenue margin hit record 42.8% due to high-margin retail focus; CASA and renewal income grew steadily.
Outlook
Targeting 8-9% NIMs and maintaining FY30 long-term guidance; SFB readiness expected by end of FY27.
Risks
Pause in B2B UPI business impacts profitability; high reliance on successful Small Finance Bank transition.
Last quarter's promises, checked
Delivered
- CBS migration to Finacle → Completed within anticipated timeline (= BEAT)
- CASA momentum → 6.9L new accounts in Q4 vs 3.2L in March (= BEAT)
- Cost of funds → Remained structurally low below 2% (= BEAT)
Partly delivered
- SFB transition → In-principle approval received; execution on track but final license pending (= PARTIAL)
Missed
- B2B digital throughput → Down 17% sequentially due to risk recalibration (= MISS)
- Total revenue → Dropped 31% YoY for the quarter (= MISS)
Earnings Call Transcript filed with NSE, 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.
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