About
Fino Payments Bank Limited provides financial solutions and services in India. The company offers savings, current, and salary accounts; personal, home and property, gold, and referral loans; debit and prepaid cards; and life, health, general, motor, and shopkeeper insurance products, as well as fixed deposit and sweep account facility. It also provides cash management services to various sectors, such as micro-finance, banking, logistics, e-commerce, agri-tech, and retail as well as mobile banking through the FinoPay app. In addition, the company offers loan referrals, business correspondent using the Aadhaar authentication, domestic money transfer, and micro ATM services, Aadhaar Pay; and bill payment and recharges. The company was formerly known as Fino Fintech Limited and changed its name to Fino Payments Bank Limited in April 2017. The company was founded in 2006 and is based in Navi Mumbai, India. Fino Payments Bank Limited is a subsidiary of FINO PayTech Limited.
Key Metrics
as of Sep 2026Market Cap1,159 Cr
P/E47.40
Div Yield0.00 %
Book Value₹92.60
52w High₹339.00
52w Low₹110.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 72.00 | 64.00 | 63.00 | 60.00 | 61.00 | 53.00 | 49.00 | 48.00 | 45.00 | 41.00 | 39.00 | 37.00 | 33.00 |
| Expenses | 285.00 | 306.00 | 344.00 | 351.00 | 400.00 | 438.00 | 407.00 | 404.00 | 389.00 | 353.00 | 326.00 | 320.00 | 314.00 |
| Operating Profit | -213.00 | -242.00 | -281.00 | -291.00 | -339.00 | -385.00 | -358.00 | -357.00 | -343.00 | -312.00 | -287.00 | -284.00 | -281.00 |
| OPM % | -295.00 | -377.00 | -447.00 | -484.00 | -557.00 | -729.00 | -725.00 | -747.00 | -757.00 | -753.00 | -732.00 | -777.00 | -853.00 |
| Other Income | 235.00 | 275.00 | 328.00 | 340.00 | 392.00 | 441.00 | 412.00 | 408.00 | 392.00 | 360.00 | 331.00 | 322.00 | 315.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 35.00 | 29.00 | 29.00 | 28.00 | 28.00 | 26.00 | 26.00 | 25.00 | 24.00 | 23.00 | 22.00 | 19.00 | 15.00 |
| Profit before tax | -14.00 | 4.00 | 17.00 | 21.00 | 25.00 | 30.00 | 28.00 | 26.00 | 24.00 | 25.00 | 23.00 | 20.00 | 19.00 |
| Tax % | 0.00 | -73.00 | 30.00 | 28.00 | 28.00 | 19.00 | 19.00 | 18.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | -14.00 | 7.00 | 12.00 | 15.00 | 18.00 | 24.00 | 23.00 | 21.00 | 24.00 | 25.00 | 23.00 | 20.00 | 19.00 |
| EPS in Rs | -1.65 | 0.85 | 1.47 | 1.84 | 2.13 | 2.88 | 2.78 | 2.54 | 2.92 | 3.03 | 2.74 | 2.35 | 2.25 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Sales | 248.00 | 195.00 | 150.00 | 95.00 | 36.00 | 20.00 | 18.00 | 19.00 | 16.00 |
| Expenses | 1,402.00 | 1,576.00 | 1,260.00 | 1,076.00 | 915.00 | 707.00 | 690.00 | 410.00 | 279.00 |
| Operating Profit | -1,154.00 | -1,381.00 | -1,110.00 | -981.00 | -880.00 | -687.00 | -672.00 | -391.00 | -263.00 |
| OPM % | -465.00 | -707.00 | -740.00 | -1,034.00 | -2,469.00 | -3,393.00 | -3,706.00 | -2,040.00 | -1,699.00 |
| Other Income | 1,335.00 | 1,652.00 | 1,328.00 | 1,135.00 | 973.00 | 771.00 | 673.00 | 352.00 | 215.00 |
| Interest | 114.00 | 101.00 | 79.00 | 47.00 | 15.00 | 10.00 | 10.00 | 6.00 | 3.00 |
| Depreciation | 0.00 | 62.00 | 53.00 | 42.00 | 35.00 | 54.00 | 24.00 | 18.00 | 16.00 |
| Profit before tax | 67.00 | 108.00 | 86.00 | 65.00 | 43.00 | 20.00 | -32.00 | -62.00 | -67.00 |
| Tax % | 22.00 | 15.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | 52.00 | 93.00 | 86.00 | 65.00 | 43.00 | 20.00 | -32.00 | -62.00 | -67.00 |
| EPS in Rs | 6.30 | 11.12 | 10.36 | 7.82 | 5.14 | 4.59 | -7.19 | -13.99 | -15.11 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 45.00 | 45.00 | 45.00 | 45.00 |
| Reserves | 687.00 | 664.00 | 560.00 | 469.00 | 397.00 | 106.00 | 85.00 | 118.00 | 180.00 |
| Borrowings | 3,915.00 | 2,779.00 | 2,125.00 | 1,351.00 | 752.00 | 424.00 | 228.00 | 130.00 | 87.00 |
| Other Liabilities | 627.00 | 680.00 | 651.00 | 563.00 | 448.00 | 436.00 | 266.00 | 392.00 | 226.00 |
| Total Liabilities | 5,312.00 | 4,206.00 | 3,419.00 | 2,466.00 | 1,680.00 | 1,010.00 | 624.00 | 684.00 | 538.00 |
| Fixed Assets | 364.00 | 167.00 | 148.00 | 139.00 | 92.00 | 62.00 | 49.00 | 42.00 | 46.00 |
| CWIP | 0.00 | 130.00 | 47.00 | 5.00 | 0.00 | 2.00 | 0.00 | 0.00 | 1.00 |
| Investments | 3,254.00 | 2,388.00 | 1,747.00 | 1,146.00 | 631.00 | 504.00 | 128.00 | 73.00 | 64.00 |
| Other Assets | 1,693.00 | 1,520.00 | 1,477.00 | 1,175.00 | 956.00 | 443.00 | 446.00 | 569.00 | 427.00 |
| Total Assets | 5,312.00 | 4,206.00 | 3,419.00 | 2,466.00 | 1,680.00 | 1,010.00 | 624.00 | 684.00 | 538.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -307.00 | 76.00 | 57.00 | -20.00 | 207.00 | -32.00 | -84.00 |
| Cash from Investing Activity | -143.00 | -164.00 | -104.00 | -97.00 | -64.00 | -69.00 | -31.00 |
| Cash from Financing Activity | 696.00 | 127.00 | 279.00 | 184.00 | 352.00 | 70.00 | 28.00 |
| Net Cash Flow | 246.00 | 39.00 | 232.00 | 68.00 | 495.00 | -31.00 | -86.00 |
| Free Cash Flow | -449.00 | -88.00 | -47.00 | -114.00 | 143.00 | -101.00 | -114.00 |
| CFO/OP % | 25.00 | -6.00 | -5.00 | 2.00 | -24.00 | 6.00 | 13.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | 1,393.00 | 821.00 | 1,142.00 | 1,221.00 | 1,943.00 | -1,479.00 | -790.00 | -1,128.00 | 3,316.00 |
| ROCE % | 5.00 | 7.00 | 7.00 | 7.00 | 6.00 | 7.00 | -7.00 | -19.00 | — |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update10 Mar from icra
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Rating update22 May 2025 from icra
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Rating update30 Apr 2024 from icra
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Rating update21 Feb 2023 from icra
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Rating update30 Dec 2022 from icra
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Rating update1 Oct 2021 from icra