Fino Payments Bank Ltd (FINOPB) — shareholding pattern, promoter holding, financials and share price
About Fino Payments Bank Ltd (FINOPB)
Fino Payments Bank Ltd operates in the Other Bank industry, within the Financial Services sector. It trades on the NSE as FINOPB and on the BSE under scrip code 543386. Its ISIN is INE02NC01014.
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. [1]
Fino Payments Bank is primarily engaged in providing digital financial services through a vast network of merchants, focusing on underserved and unbanked populations in India. Its operations are driven by fee and commission income rather than interest income.
The bank is transitioning to a Small Finance Bank (SFB) after receiving in-principle approval from the Reserve Bank of India, marked as a 'once in a lifetime achievement'. This transition will expand its service offerings and revenue streams.
Listed peers in Other Bank: Equitas Small Finance Bank Ltd, Jana Small Finance Bank Ltd, Utkarsh Small Finance Bank Ltd, Suryoday Small Finance Bank Ltd, ESAF Small Finance Bank Ltd, Capital Small Finance Bank Ltd.
Valuation & Returns
10 Jul 2026At ₹136.25 a share on 10 Jul 2026, Fino Payments Bank Ltd (FINOPB) was valued at a price-to-earnings ratio of 21.61x against an industry P/E of 13.51x and a price-to-book of 1.52x on a book value of ₹89.75 per share as of Mar 2025. Solomo computes return on equity of 7.02% and return on capital employed of 3.42% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 21.61x
- Industry P/E
- 13.51x
- P/B
- 1.52x
- EPS (TTM)
- ₹6.3
- Book value / share
- ₹89.75
- ROE
- 7.02%
- ROCE
- 3.42%
- ROA
- 1.25%
- Debt / equity
- 3.72x
- Dividend yield
- 0%
- EBITDA margin
- 73.21%
- 52-week range
- ₹110.1 – ₹339
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Fino Payments Bank Ltd (FINOPB) reported revenue of ₹248 crore, net profit of ₹52 crore and earnings per share of ₹6.3. That compares with revenue of ₹195 crore and net profit of ₹93 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹64.1 crore and net profit ₹7.1 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 36 | 95 | 150 | 195 | 248 |
| Net profit (₹ cr) | 43 | 65 | 86 | 93 | 52 |
| EPS (₹) | 5.14 | 7.82 | 10.36 | 11.12 | 6.3 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 60.85% | 76.30% | 30.11% |
| Profit growth | - | 29.37% | 7.32% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 75% of Fino Payments Bank Ltd (FINOPB) (unchanged from the previous quarter), foreign institutional investors (FII) hold 0.31% and domestic institutional investors (DII) hold 0%. Market capitalisation was ₹1,134 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2021.
Largest disclosed public shareholders in Jun 2026: SAMEER MANCHANDA 1.44%, ZODIAC WEALTH ADVISORS LLP 1.11%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 75% | - | 0.31% | 0% | 25% |
| Mar 2026 | 75% | - | 1.33% | 0.4% | 25% |
| Dec 2025 | 75% | - | 2.69% | 0.45% | 25% |
| Sep 2025 | 75% | - | 2.67% | 3.35% | 25% |
| Jun 2025 | 75% | - | 2.55% | 3.04% | 25% |
| Mar 2025 | 75% | - | 4.08% | 3.52% | 25% |
| Dec 2024 | 75% | - | 3.7% | 6.08% | 25% |
| Sep 2024 | 75% | - | 4.21% | 6.14% | 25% |