Fino Payments Bank Ltd

Fino Payments Bank Ltd

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About

Financial Inclusion Network Operations (“FINO”) is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus. It offers such products and services to the target market via a Pan-India distribution network.[1]

Key Points

Representative of Banks
The co. acts as a Business Correspondence (Bcs) of several Banks It had approximately 17,430 active BCs across India in FY21. BCs are generally retail agents engaged by it to provide banking products and services on behalf of other banks and at locations other than traditional branches. BCs are authorized to perform a variety of activities including collection of domestic and international remittances, CASA account opening functions, payments made via AePS, bill payments, and mobile recharge, among others. [1]

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  • Dividend Yield %
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  • Face Value

Pros

Cons

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Peer comparison

Sector: Industry:

Part of BSE Allcap BSE Financial Services BSE SmallCap

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Quarterly Results

Figures in Rs. Crores

Interest
Financing Profit
Financing Margin %
Depreciation
Profit before tax
Tax %
EPS in Rs
Gross NPA %
Net NPA %
Raw PDF
Upcoming result date: 28 April 2025

Profit & Loss

Figures in Rs. Crores

Interest
Financing Profit
Financing Margin %
Depreciation
Profit before tax
Tax %
EPS in Rs
Dividend Payout %
Compounded Sales Growth
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TTM: %
Compounded Profit Growth
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TTM: %
Stock Price CAGR
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Return on Equity
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Balance Sheet

Figures in Rs. Crores

Equity Capital
Reserves
Borrowing
Total Liabilities
CWIP
Investments
Total Assets

Cash Flows

Figures in Rs. Crores

Net Cash Flow

Ratios

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ROE %

Shareholding Pattern

Numbers in percentages

2 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
9.80% 9.26% 7.67% 7.20% 6.29% 5.57% 5.09% 5.12% 5.12% 4.21% 3.70% 4.08%
8.80% 7.84% 3.73% 4.74% 5.48% 6.83% 5.58% 5.92% 5.99% 6.14% 6.08% 3.52%
6.40% 7.91% 13.60% 13.07% 13.25% 12.60% 14.34% 13.97% 13.90% 14.65% 15.22% 17.41%
No. of Shareholders 85,31583,36781,80277,99374,90667,99868,89765,15063,91964,49564,46064,104

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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