| Management target | Revenue FY30 |
|---|
| Revenue growth | ₹333.6 Cr, down 17% YoY, up 9% QoQ recovery. |
|---|---|
| Margins | Net revenue margin at 38.1%, improved 100 bps YoY. |
| Order book | Loan referral disbursements grew 286% YoY to ₹762 Cr. |
| Demand visibility | Strong demand in secured lending like gold and affordable housing loans. |
| Management confidence | Balanced; emphasizing long-term SFB sustainability over short-term quarterly hits. |
Growth
Revenue fell 17% YoY to ₹333.6 Cr, though recovered 9% sequentially. CASA renewal income hit record highs, contributing 52% to total revenue.
Outlook
Targets ₹8,000–10,000 Cr loan book over 3-4 years post-SFB launch. Guidance of ₹2,000 Cr disbursements in FY28.
Risks
Intense competition in B2B/CMS segments is compressing take rates. Transition costs and high Opex for SFB readiness may weigh on short-term margins.
Last quarter's promises, checked
Delivered
- Referral momentum ₹628 cr (+214% YoY) → ₹762 cr (+286% YoY) (= BEAT)
Partly delivered
- NRM 'higher than last year' → +100 bps YoY to 38.1% vs 42.8% reported in Q1 (= PARTIAL, basis mismatch)
- RBI readiness submission by end-Q4 FY27 → 'on track', not yet due (= PARTIAL)
Missed
- Tech investment 'large part already done' → ₹120-150 Cr tech capex planned for SFB (= 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
- ₹116.83
- Market cap
- ₹972.2 Cr
- Revenue (annual)
- ₹248.2 Cr
- Net profit (annual)
- ₹52.46 Cr
- P/E (TTM)
- -63.7×Sector 19.8×
- Promoter holding
- 75.00%+0.00% QoQ
- FII holding
- 0.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Fino Payments Bank Ltd
All →Fino Payments Bank Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹333.6 Cr (down 17% YoY), EBITDA ₹35.1 Cr, PAT loss ₹(20.9) Cr. Net revenue margin rose 96 bps to 38.1%. Bank is progressing toward Small Finance Bank conversion.
Fino Payments Bank Results Update
Fino Payments Bank's press release reports Q2 FY27 revenue of Rs.333.6 Crore and a H1 net loss. Loan referral disbursals surged 286% year-on-year.
Fino Payments Bank Q2 FY27 Results: Net Loss of ₹20.9 Cr
Fino Payments Bank Ltd reported revenue from operations of ₹74.5 Cr (+24.0% YoY) and a net loss of ₹20.9 Cr for Q2 FY27.
- Key figure
- Net loss ₹20.9 Cr
Fino Payments Bank Other Announcement
Fino Payments Bank has received a revised ESG rating from Crisil ESG Ratings & Analytics Limited, moving from 54-Adequate to 59-Adequate.
Fino Payments Bank Board Meeting Date
Fino Payments Bank has scheduled a board meeting for October 29, 2026, to consider and approve financial results for the quarter and half-year ended September 30, 2026.
Fino Payments Bank Other Announcement
Fino Payments Bank's ESG score was revised by ESG Risk Assessments & Insights from 56-Adequate to 58-Adequate. No financial or operational impact accompanies this routine disclosure.