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Investor Presentation

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.

Highlights
Revenue growth-32% YoY
MarginsRecord Net Revenue Margin of 42.8%, up 925 bps YoY
Demand visibilityStrong traction in referral loans and CASA accounts
Management confidenceHigh on SFB transition and digital expansion

Growth

Revenue fell 32% YoY to ₹306.9 Cr; EBITDA declined 30% YoY to ₹43.1 Cr. PAT turned negative.

Outlook

Targeting Small Finance Bank (SFB) 'Go Live' in Q1'28. Submission of final readiness to RBI expected in Q4'27.

Risks

Substantial YoY and QoQ declines in total revenue and EBITDA; transition costs related to SFB conversion.

Last quarter's promises, checked

Delivered

  • CBS migration to Finacle → Completed in Q4'26 (= BEAT)
  • SFB transition on track → On track with Q1'28 target (= BEAT)
  • Focus on high-margin CASA → Record 42.8% Net Revenue Margin (= BEAT)

Partly delivered

  • CASA momentum to continue → 8.4L new accounts vs 6.9L in Q4 (= BEAT), but overall revenue down (= PARTIAL)

Missed

  • Predictable bottom line growth → Reported loss of ₹13.7 Cr (= MISS)
  • Steady revenue growth → Revenue fell 32% YoY (= MISS)
Source

Investor Presentation filed with NSE, NSE: FINOPB. Summary written with AI assistance from the document.

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Fino Payments Bank Ltd: key numbers

Share price
₹128.25
Market cap
₹1,067 Cr
Revenue (annual)
₹248.2 Cr
Net profit (annual)
₹52.46 Cr
P/E (TTM)
50.9×Sector 22.0×
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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