FUSION · Fusion Finance Ltd · Consumer Financial Services
FUSION · Fusion Finance Ltd · Consumer Financial Services
As of 05 Nov close
52-week range
34.7% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹415 Cr
Revenue YoY
PAT YoY
+167.7%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.2
P/S (TTM)
1.9
Sector P/E
24.3
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| FUSION (this stock) | 19.1 | 1.2 | +10.6% | +6.9% | 2.28 | 0.0% |
| Bajaj Finance | 30.8 | 5.7 | +23.8% | +17.8% | 3.22 | +0.5% |
| Shriram Finance | 18.4 | 3.6 | +22.8% | +17.2% | 3.8 | +1.1% |
| Jio Financial Services | 95.5 | 1.2 | +49.8% | Not available from data source | 11.81 | +0.2% |
Promoter
falling 2q
FII
stable
MF
10.59% (+1.29pp)
rising 2q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 31 Aug 2026 | Satish Mani | BUY | 7,500 | ₹12.37 lakh |
| 31 Aug 2026 | Amit Raj | BUY | 4,950 | ₹8.17 lakh |
| 29 Aug 2026 | Aayush Saraswat | BUY | 6,250 | ₹9.57 lakh |
| 30 Jun 2026 | Devesh Sachdev | SELL | 2,71,000 | ₹5.17 Cr |
| 15 Jun 2026 | Devesh Sachdev | SELL | 8,00,000 | ₹14.24 Cr |
| 05 Jun 2026 | Devesh Sachdev | SELL | 1,50,000 | ₹2.61 Cr |
| 18 May 2026 | Devesh Sachdev | SELL | 844 | ₹1.69 lakh |
| 18 May 2026 | Devesh Sachdev | SELL | 844 | ₹1.69 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowthehindubusinessline.com· 03 Nov 2026, 05:19 pmFusion Finance shares surge 10% after strong Q2 results
- unknownthehindubusinessline.com· 09 Sept 2026, 07:15 amStocks to watch today: Enviro Infra, NLC India, Berger Paints, Sanofi India, Fusion Finance and others
Concalls & investor presentations
AI-generatedKey takeaway: The earnings conference call for Fusion Finance Limited regarding the standalone un-audited financial results for the quarter ended June 30, 2026, took place on August 10, 2026, from 06:00 PM to 07:03 PM IST. The transcript of the call is available on the company's website, as stated in the letter. This communication was made in compliance with SEBI regulations, and the company provided details for accessing the transcript online. The letter was signed by Vikrant Sadana, the Company Secretary and Compliance Officer, and is also available on the company's website.
The document provided factual information regarding the earnings conference call and its transcript.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Fusion Finance Limited reported on the unaudited financial results for the quarter ended June 30, 2026. Management highlighted a profit before tax of Rs 62 crore, reflecting a 67% quarter-on-quarter growth from Rs 37 crore in the previous quarter. The company's assets under management (AUM) increased to Rs 7,702 crore, a 4% rise from the prior quarter. The net interest margin improved by approximately 49 basis points to 11.93%. Operating efficiency was noted with a pre-provision operating profit of Rs 102 crore, up 10% from the previous quarter. The presentation also emphasized a disciplined disbursement strategy, with Rs 1,783 crore disbursed, marking an 88% year-on-year growth. Additionally, management reported a reduction in credit costs and improved asset quality, with gross non-performing assets at 2.51%. The company aims to leverage technology and expand its product offerings to drive future growth.
Management emphasized strong financial performance and growth initiatives.
Sourced from an exchange-filed presentation, dated 10 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The earnings conference call for Fusion Finance Limited, covering the audited financial results for the quarter and financial year ended March 31, 2026, took place on May 18, 2026, from 9:30 AM to 10:29 AM IST. The transcript of this call is available on the company's website, as stated in the communication to the National Stock Exchange of India and BSE Limited. The document also confirms that this submission is in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The letter is signed by Vikrant Sadana, the Company Secretary and Compliance Officer, and is also accessible on the company's website.
The document provided factual information regarding the earnings conference call and its availability.
Sourced from an exchange-filed transcript, dated 22 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The document is a letter from Fusion Finance Limited to the National Stock Exchange of India and BSE Limited, providing the transcript of their Q3 FY25-26 Earnings Conference Call. The call discussed the company's un-audited financial results for the quarter and nine months ended December 31, 2025. The letter states that the transcript is available on the company's website and includes a link for access. The earnings conference call took place on February 9, 2026, starting at 9:30 AM IST and concluding at 10:35 AM IST. The letter is signed by Vikrant Sadana, the Company Secretary and Compliance Officer.
The document presented factual information regarding the earnings conference call and its transcript.
Sourced from an exchange-filed transcript, dated 13 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Fusion Finance Limited detailed the unaudited financial results for the quarter and nine months ended December 31, 2025. Management reported a significant decline in credit costs for the fifth consecutive quarter, with credit costs decreasing to ₹79 Cr in Q3 FY26 from ₹571 Cr in Q3 FY25. The Gross Non-Performing Assets (GNPA) ratio improved to 4.38% in Q3 FY26 from 12.58% in the previous year. The company restored profitability with a Profit After Tax (PAT) of ₹14 Cr, supported by improved asset quality and a strong capital position, reflected in a Capital Risk Adequacy Ratio (CRAR) of 38.8%. Disbursements increased to ₹1,594 Cr in Q3 FY26, indicating a stable lending environment. The presentation also highlighted the strengthening of leadership with new appointments to enhance governance and strategy.
Management emphasized improvements in financial performance and governance.
Sourced from an exchange-filed presentation, dated 06 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedFusion Finance Limited (FUSION) reported its first full year as a public listed company in FY2023-24, achieving an AUM of ₹10,000 crore. The company rebranded from Fusion Micro Finance Limited to Fusion Finance Limited to reflect its expanded product offerings. The auditors' report noted no observations, qualifications, or adverse remarks, and no fraud was reported. The company has a robust internal control framework with no material weaknesses identified. There were no defaults, regulatory actions, or liquidity concerns noted, and the company maintains compliance with statutory and regulatory requirements.
- Achieved ₹10,000 crore AUM in FY2023-24 as a newly public listed company.
- Rebranded from Fusion Micro Finance Limited to Fusion Finance Limited to reflect expanded product offerings.
- No adverse auditor observations, fraud reports, or regulatory actions noted.
- Robust internal controls with no material weaknesses identified.
- No defaults, liquidity issues, or significant litigation pending.
Key takeaway: Fusion Finance Limited demonstrated strong compliance, internal controls, and growth in FY2023-24 with no material risks or adverse findings reported.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items); Regulatory Action (3 items); Default / Covenant Breach (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesRecent (last 12 months)
The predecessor auditors, Deloitte Haskins & Sells, issued a qualified opinion on the comparative information in the financial statements for the year ended 31 March 2025, citing inability to comment on the Company's basis for impracticability in adjusting prior period amounts under Ind AS 8.
Earlier (1-3 years ago)
The statutory auditors of the company issued a qualified opinion on the financial statements for the year ended March 31, 2025, due to the company's failure to evaluate whether expected credit allowances should be retrospectively adjusted, and the auditors were unable to obtain sufficient evidence to assess the company's basis for impracticability.
Regulatory Action
3 occurrencesRecent (last 12 months)
The stock exchanges imposed a penalty of Rs. 74,340 (inclusive of GST) for 9 days in the quarter ended September 30, 2024, and Rs. 33,040 (inclusive of GST) for 4 days in the quarter ended December 31, 2024, which the company paid in due course.
Earlier (1-3 years ago)
Bombay Stock Exchange imposed a penalty of ₹1,15,640/- (inclusive of GST) on the Company for non-disclosure of line items under Regulation 52(4) and non-submission of financial results for the quarter and half year ended September 30, 2022 under Regulation 52.
Fusion Finance Limited was imposed penalties of Rs. 74,340 and Rs. 33,040 (inclusive of GST) by NSE and BSE for non-compliance with regulatory requirements.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
The company has overdue loans of Rs. 645.72 crores as of the year-end, with delays in repayment of principal and interest identified for Rs. 11.13 crores. The company is taking steps for recovery as per regulations and loan agreements.
The company has loans and advances aggregating ₹7.76 crores with delays in repayment of interest and/or principal.
Routine disclosures
Internal Control Weakness
1 occurrenceEarlier (1-3 years ago)
The auditor identified a material weakness in the company's internal financial controls as of March 31, 2025, related to the impracticability of evaluating and determining amounts for retrospective recognition and measurement in prior periods.
Contingent Liability
3 occurrencesRecent (last 12 months)
Fusion Finance Limited has a contingent liability of 4.47 Crore as of March 31, 2026, related to a first loss default guarantee (FLDG) provided to a bank under a business correspondence arrangement.
Earlier (1-3 years ago)
The company defaulted on RBI directions related to MSME business and had instances of delayed submission of reports/returns to RBI and non-filing of form MGT-14 with ROC.
The company has a contingent liability of ₹ 0.02 Crore towards first loss default guarantee (FLDG) as at March 31, 2024.
Related-Party Transaction
1 occurrenceRecent (last 12 months)
The company paid managerial remuneration to the Managing Director exceeding the prescribed limits under Section 197 of the Companies Act, 2013, and obtained shareholder approval for the excess amount.
Statutory dues in dispute
1 occurrenceRecent (last 12 months)
The company has disputes over Goods & Service Tax dues for the financial years 2017-18, 2019-20, and 2023-24, with pending disputes in various forums, but no amounts have been paid under protest.
Management & Board Governance
2 occurrencesRecent (last 12 months)
Mr. Devesh Sachdev resigned from the position of Managing Director w.e.f. September 30, 2025 and from the directorship of the Company w.e.f. November 4, 2025.
Earlier (1-3 years ago)
The number of independent director members of the Audit Committee fell below two-thirds of the committee's strength and the minimum of three directors, leading to the appointment of Mr. Puneet Gupta as a member w.e.f. October 5, 2024.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
4.65% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).