Banks
Valuation | |
|---|---|
| Market Cap | 1.95 kCr |
| Price/Earnings (Trailing) | 25.22 |
| Price/Sales (Trailing) | 1.12 |
| EV/EBITDA | 9.54 |
| Price/Free Cashflow | 36.05 |
| MarketCap/EBT | 20.96 |
| Enterprise Value | 1.95 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 8.3% |
| Price Change 1M | -6.4% |
| Price Change 6M | -7.1% |
| Price Change 1Y | -22.6% |
| 3Y Cumulative Return | -0.50% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -164.45 Cr |
| Cash Flow from Operations (TTM) |
| Revenue (TTM) |
| 1.74 kCr |
| Rev. Growth (Yr) | -14.5% |
| Earnings (TTM) | 69.36 Cr |
| Earnings Growth (Yr) | -47% |
Profitability | |
|---|---|
| Operating Margin | 6% |
| EBT Margin | 5% |
| Return on Equity | 1.6% |
| Return on Assets | 1.6% |
| Free Cashflow Yield | 2.77% |
| 76.19 Cr |
| Cash Flow from Financing (TTM) | 126.9 Cr |
| Free Cash Flow (TTM) | 76.19 Cr |
| Free Cash Flow/Share (TTM) | 9.16 |
Balance Sheet | |
|---|---|
| Total Assets | 4.32 kCr |
| Shareholder Equity | 4.32 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.00 |
| Debt/Equity | 0.00 |
| Interest Coverage | -0.17 |
| Interest/Cashflow Ops | 1.73 |
Dividend & Shareholder Returns | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Underperforming stock! In past three years, the stock has provided -0.5% return compared to 13.2% by NIFTY 50.
Smart Money: Smart money is losing interest in the stock.
Dividend: Stock hasn't been paying any dividend.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Past Returns: Underperforming stock! In past three years, the stock has provided -0.5% return compared to 13.2% by NIFTY 50.
Smart Money: Smart money is losing interest in the stock.
Dividend: Stock hasn't been paying any dividend.
Investor Care | |
|---|---|
| Shares Dilution (1Y) | 0.00% |
Financial Health | |
|---|---|
| Debt/Equity | 0.00 |
Technical Indicators | |
|---|---|
| RSI (14d) | 52.48 |
| RSI (5d) | 84.01 |
| RSI (21d) | 43.57 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Fino Payments Bank's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
During the Q3 FY 2026 earnings call, Fino Payments Bank management provided a positive outlook following their in-principle approval from the Reserve Bank of India to transition into a small finance bank (SFB). This marks a significant milestone for the bank as they aim to expand customer relationships and enhance financial inclusion.
Key forward-looking points include:
Loan Book Aspirations: The management aims to scale the loan book to Rs.8,000-Rs.10,000 crores by FY 2030, with a credit deposit ratio projected at around 75% in the initial years.
Cost of Funds: Fino is entering the SFB phase with strong CASA-based liabilities of approximately Rs.2,500 crores and deposits with other banks totaling Rs.500 crores, leading to nearly Rs.3,000 crores of low-cost deposits. The cost of funds is expected to remain under 2%, supporting a net interest margin (NIM) of around 10%.
Disciplined Growth: Management emphasized a cautious approach, with plans to maintain credit costs under 1% while focusing on secured lending, free from rapid volumes.
Financial Performance Goals: Over the medium term, Fino aims for a return on equity (ROE) above 20%, driven by operating leverage and a disciplined credit approach, while leveraging their low-cost funding structure.
Digital Transformation: The bank has migrated to a flexible core banking system, bolstering the technology backbone necessary for rapid product development. An estimated Rs.100 crores will be spent on technology enhancements in the upcoming year.
Revenue Model: They anticipate that the current business will contribute around 75% to overall revenue by FY 2030, with CASA revenues reflecting a year-on-year increase of 22%, signaling strength in customer trust and engagement.
In summary, the transition to an SFB is framed as a strategic opportunity enabling enhanced growth through diversified lending products and a strong basis in low-cost funding, setting a trajectory for sustainable profitability in the coming years.
Understand Fino Payments Bank ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| FINO PAYTECH LIMITED | 75% |
| ENVISION INDIA FUND | 1.74% |
| FFPL Finserv Private Limited | 0% |
| Fino Trusteeship Services Limited | 0% |
| Fino Financial Services Private Limited | 0% |
| Bharat Petroleum Corporation Limited | 0% |
| RISHI GUPTA | 0% |
Detailed comparison of Fino Payments Bank against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| PAYTM | One 97 Communications | 75.94 kCr | 8.98 kCr | -10.10% | +48.80% | -439.78 | 8.45 | - | - |
| AUBANK | AU Small Finance Bank | 74.05 kCr | 20.9 kCr |
Comprehensive comparison against sector averages
FINOPB metrics compared to Banks
| Category | FINOPB | Banks |
|---|---|---|
| PE | 25.22 | 14.35 |
| PS | 1.12 | 1.84 |
| Growth | -0.8 % | 6.7 % |
Fino Payments Bank Limited provides various types of financial services in India. It operates through four segments: Treasury, Corporate Banking, Retail Banking, and Other Banking Operations. The company offers savings and current accounts, sweep account facility, fixed deposit services, and loan referral services; and debit and prepaid cards. It also provides recharge, bill payment, payment system, cash management, digital payment, merchant, and domestic money transfer services; mobile banking services; FASTag products; unified payments interface facility; remittances; and cash bazar, AADHAAR seeding, and micro ATM services. In addition, the company offers health, life, motor, and shopkeeper insurance products; and third party financial products distribution and business correspondent banking services. The company was formerly known as Fino Fintech Limited and changed its name to Fino Payments Bank Limited in April 2017. Fino Payments Bank Limited was founded in 2006 and is based in Navi Mumbai, India. Fino Payments Bank Limited operates as a subsidiary of FINO PayTech Limited.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
FINOPB vs Banks (2022 - 2026)
Here are the key questions and detailed answers from the earnings call transcript:
Question: "Have you lost any bigger clients in your CMS business due to competition? If yes, which clients and what is your pipeline for new customers?" Answer: "We haven't lost any revenue partners despite the CMS revenue decrease to Rs. 29.6 crores in Q3. The reduction is primarily due to lower take rates, not lost clients. Throughput showed a marginal increase of around Rs. 500 crores, indicating we're still gaining volume."
Question: "What is the timeline for operationalizing the small finance bank (SFB) after obtaining the license?" Answer: "We aim to start operationalizing the SFB by the last quarter of FY 2027. This will involve preparing for the transition with the support of the RBI's guidelines, targeting full lending operations by Q1 FY 2028."
Question: "You are entering the SFB space with a fully funded CASA balance sheet; how does this change your approach compared to traditional SFBs?" Answer: "Starting with around Rs. 3,000 crores in CASA is a significant advantage. This allows us to target secured lending"”affordable housing, MSME loans, and more"” with a substantial cost of funds advantage of approximately 300 basis points over traditional SFBs."
Question: "What is the expected timeline to meaningfully deploy capital into lending and achieve SFB-level return on assets (ROA) and return on equity (ROE)?" Answer: "We anticipate deploying capital starting from FY 2028, aiming for a medium-term ROE of over 20%, driven by our lower cost of funds and disciplined credit approach. Each phase of growth will be methodically executed."
Question: "What is your medium-term guidance on margins and cost-to-income ratios?" Answer: "We expect margins to be largely stable, ranging around our current high of 37.5%, depending on the digital business's recovery. Our cost discipline will remain tight, and while there may be some incremental depreciation, we maintain a steady cost-to-income ratio over the next few quarters."
Question: "What demographic will you focus on for your loan book?" Answer: "We will target a mix, primarily focusing on North and West regions, with plans to explore certain states in the South. Our emphasis will be on securing quality borrowers who fit our lending criteria."
These responses encapsulate the core inquiries and the management's insights within the earnings call context.
| VIPRRAJ BHARDWAJ | 0% |
| RAJEEV ARORA | 0% |
| SHAILESH B PANDEY | 0% |
| AMIT KUMAR JAIN | 0% |
| ASHISH AHUJA | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -1.30% |
| +69.10% |
| 28.1 |
| 3.54 |
| - |
| - |
| SBICARD | SBI CARDS AND PAYMENT SERVICES | 71.97 kCr | 20.36 kCr | -14.60% | -6.70% | 34.41 | 3.54 | - | - |
| UJJIVANSFB | Ujjivan Small Finance Bank | 12.19 kCr | 7.7 kCr | +8.40% | +62.60% | 13.02 | 1.58 | - | - |
| EQUITASBNK | Equitas Small Finance Bank | 7.41 kCr | 7.64 kCr | -2.30% | -9.10% | 49.08 | 0.97 | - | - |
Analysis of Fino Payments Bank's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
No revenue data available.
| 56 |
| 58 |
| 55 |
| 52 |
| 50 |
| Other operating expenses | -1.7% | 290 | 295 | 342 | 383 | 355 | 355 |
| Operating expenses | -2% | 344 | 351 | 400 | 438 | 407 | 404 |
| Operating profit | 0% | 21 | 21 | 25 | 30 | 28 | 26 |
| Provisions other than tax and contingencies | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional items | - | -3.1 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -20% | 17 | 21 | 25 | 30 | 28 | 26 |
| Tax expense | -13.8% | 5.2 | 5.87 | 6.87 | 5.7 | 5.34 | 4.78 |
| Profit after tax | -21.4% | 12 | 15 | 18 | 24 | 23 | 21 |
| Net profit (loss) for the period | -21.4% | 12 | 15 | 18 | 24 | 23 | 21 |
| Reserve excluding revaluation reserves | - | - | - | - | - | - | - |
| CET 1 ratio | -13.5% | 0.665 | 0.7048 | 0.6697 | 0.7387 | 0.6113 | 0.752 |
| Return on assets | - | 0 | 0 | 0 | 001 | 001 | 0 |