Fino Payments Bank Limited
Fino Payments Bank Limited operates in Other Bank, part of the Financial Services sector. It booked ₹74 cr of revenue in its latest quarter (Q2 FY27) and kept -28.1% of sales as profit. It is the 9th largest of 9 Other Bank companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| Retail Banking | 424 | 494 | 23% → 31% |
| Other Banking Operations | 1,228 | 846 | 67% → 53% |
| Treasury | 195 | 248 | 11% → 16% |
| Corporate/ Wholesale Banking | 0 | 0 | 0% → 0% |
| Total | 1,846 | 1,587 |
From the company's standalone segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
“to provide seamless digital services, freeing our customers from the constraints of manual transactions and long commutes.”
Healthier than 30% of companies in Financial Services, on the 4 of 6 measures we could read for it. Each measure is ranked against the 102–253 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 30
At close. Not part of the score.
How much profit it earns on the money it employs
Whether reported profit actually arrives as cash
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
Not measurable for this company: balance sheet, growth & consistency. Those pillars are left out of the score rather than counted as zero.
What if I invest in FINOPB?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Interest Earned | ₹74 cr |
| Other Income | ₹259 cr |
| Total Income | ₹334 cr |
| Interest Expended | ₹35 cr |
| Employee Cost | ₹59 cr |
| Other Operating Expenses | ₹260 cr |
| Total Expenditure | ₹355 cr |
| Operating Profit before Provisions | ₹-21 cr |
| Provisions & Contingencies | ₹0 cr |
| Profit before Tax | ₹-21 cr |
| Tax Expense | ₹0 cr |
| Net Profit | ₹-21 cr |
| Net margin on total income | -6.3% |
Not enough income-statement detail filed to break this down yet.
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 64 cr | 72 cr | 74 cr |
| Total income | 340 cr | 307 cr | 334 cr |
| Expenses | — | — | — |
| Profit before tax | 4 cr | -14 cr | -21 cr |
| Tax | -3 cr | 0 cr | 0 cr |
| Net profit (owners' share) | 7 cr | -14 cr | -21 cr |
| Net margin (owners' share, on revenue) | 11.1% | -19.0% | -28.1% |
| EPS (₹) | 0.85 | -1.65 | -2.51 |
Lender caveat: a bank's operating cash swings with deposits and lending — this is loan-book activity, not distress.
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| AU Small Finance Bank Limited | ₹880 | ₹66,120 cr | 19.2 | 15.7% | 15.3% | — |
| Ujjivan Small Finance Bank Limited | ₹57 | ₹11,082 cr | 7.6 | 19.4% | 17.0% | — |
| Equitas Small Finance Bank Limited | ₹53 | ₹6,024 cr | 6.9 | 13.3% | 10.6% | — |
| Jana Small Finance Bank Limited | ₹377 | ₹3,994 cr | 5.9 | 13.8% | 10.7% | — |
| Utkarsh Small Finance Bank Limited | ₹12 | ₹2,164 cr | — | -4.9% | -3.8% | — |
| ESAF Small Finance Bank Limited | ₹41 | ₹2,110 cr | 3.3 | 31.7% | 13.6% | — |
| Suryoday Small Finance Bank Limited | ₹138 | ₹1,469 cr | 4.8 | 13.8% | 10.9% | — |
| Capital Small Finance Bank Limited | ₹270 | ₹1,230 cr | 6.7 | 12.0% | 15.2% | — |
| Fino Payments Bank Limitedthis company | ₹116 | ₹962 cr | — | -10.8% | -28.1% | — |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.
When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.
As of Dec 2025, the company says it has spent 94% of what it set aside, leaving ₹17 cr still to be spent.
Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing