Fino Payments Bank Limited
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.
What Fino files
- Investor Meet113
- Others78
- Updates29
- Board Meeting15
- Important13
- PPTs7
Fino Payments Bank hit a record 42.8% Net Revenue Margin in Q1 FY'27, largely driven by its CASA business contributing 54% to revenue. Revenue was ₹306.9 Cr, with PAT at ₹(13.7) Cr. Average total deposits grew 12% YoY to ₹2,772 Cr, and CASA accounts expanded 22% YoY to 1.83 Cr....
Fino Payments Bank saw FY26 revenue at ₹1,587.9 Crore (down 14% YoY), with Q4’26 revenue at ₹340.0 Crore (down 31% YoY). Net Profit (PAT) for FY26 was ₹52.5 Crore (down 43% YoY) and Q4’26 PAT stood at ₹7.1 Crore (down 70% YoY). Despite this, average deposits grew robustly by 30%...
Fino Payments Bank has received in-principle approval from RBI to convert into a Small Finance Bank and successfully migrated to a new Finacle Core Banking Platform. This marks a significant strategic shift for the bank. For Q3 FY26, the bank reported revenue of ₹394.4 Cr (down 15% YoY) and PBT...
Fino Payments Bank's Q2 & H1 FY26 results are a mixed picture. 📉 Q2 revenue dipped 12% YoY to ₹400.1 Cr, with PBT down 18% to ₹21.2 Cr. H1 saw revenue at ₹853.5 Cr (-4% YoY) and PBT at ₹45.9 Cr (-9% YoY). This softness is largely due to shifts...
**1. Financial Highlights:** Revenue grew 4% YoY to ₹453.5 Cr. Profit Before Tax (PBT) rose 1% to ₹24.6 Cr, and EBITDA increased 16%. Net Revenue Margin expanded 250 bps YoY. Average deposits surged 34% to ₹2,275 Cr, maintaining a low 2.1% cost of funds, signaling improved profitability. **2. Strategic Initiatives...