Fusion Finance Ltd (FUSION) — shareholding pattern, promoter holding, financials and share price
About Fusion Finance Ltd (FUSION)
Fusion Finance Ltd operates in the Microfinance Institutions industry, within the Financial Services sector. It trades on the NSE as FUSION and on the BSE under scrip code 543652. Its ISIN is INE139R01012.
Incorporated in 1994, Fusion Finance Ltd is primarily engaged in microfinance lending activities [1]
Fusion Finance is an Indian NBFC focused on microfinance JLG lending to predominantly low‑income women across rural and semi‑urban India, with a growing secured MSME vertical; the company operates ~1,537 branches across 22 states and 2.33 million active clients, offering small-ticket collateral‑free MFI loans and higher‑ticket MSME loans through a distribution platform.
Q3 FY26 marked an inflection: Fusion returned to profitability (PAT ₹14 crore), reported improved asset quality (GNPA 4.38%, NNPA 0.63%) and restored going‑concern status after a rights infusion and strong lender support, with CRAR at 38.8% and liquidity of ₹1,783 crore—indicating restored external confidence and immediate funding headroom.
Listed peers in Microfinance Institutions: Indostar Capital Finance Ltd, SG Finserve Ltd, Aye Finance Ltd, Muthoot Microfin Ltd, Tourism Finance Corporation of India Ltd, Ashika Credit Capital Ltd.
Valuation & Returns
10 Jul 2026At ₹231.95 a share on 10 Jul 2026, Fusion Finance Ltd (FUSION) was valued at a price-to-earnings ratio of 271.44x against an industry P/E of 19.5x and a price-to-book of 1.53x on a book value of ₹151.52 per share as of Mar 2026. Solomo computes return on equity of 0.56% and return on capital employed of 5.91% from filed results. Earnings ratios use standalone results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 271.44x
- Industry P/E
- 19.5x
- P/B
- 1.53x
- EPS (TTM)
- ₹0.85
- Book value / share
- ₹151.52
- ROE
- 0.56%
- ROCE
- 5.91%
- ROA
- 0.17%
- Debt / equity
- 2.27x
- Dividend yield
- 0%
- EBITDA margin
- 29.67%
- 52-week range
- ₹137.15 – ₹241.75
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Fusion Finance Ltd (FUSION) reported revenue of ₹1,699 crore, net profit of ₹14 crore and earnings per share of ₹0.86. That compares with revenue of ₹2,344 crore and net profit of ₹-1,225 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹424 crore and net profit ₹114 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 1,151 | 1,742 | 2,317 | 2,344 | 1,699 |
| Net profit (₹ cr) | 22 | 387 | 505 | -1,225 | 14 |
| EPS (₹) | 1.61 | 23.97 | 31.17 | -75.54 | 0.86 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 27.94% | 14.69% | -0.84% | -27.54% |
| Profit growth | 14.49% | -20.62% | -67.05% | 101.13% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 53.96% of Fusion Finance Ltd (FUSION) (down 0.22 pp QoQ), foreign institutional investors (FII) hold 4.77% and domestic institutional investors (DII) hold 15.25%. Promoters have pledged 1.1% of their holding. Market capitalisation was ₹3,760 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Dec 2022.
Largest disclosed public shareholders in Jun 2026: Hdfc Mutual Fund - Hdfc Banking And Financial Services Fund 3.85%, India Capital Fund Limited 2.79%, Nippon Life India Trustee Ltd-A/C Nippon India Value Fund 2.05%, Icici Prudential Banking And Financial Services Fund 1.99%, HUF 1.16%, Body Corporate- Ltd Liability Partnership 1.09%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 53.96% | 1.1% | 4.77% | 15.25% | 45.81% |
| Mar 2026 | 54.18% | 2.9% | 4.74% | 14.42% | 45.6% |
| Dec 2025 | 54.92% | 4.5% | 4.89% | 11.93% | 44.85% |
| Sep 2025 | 54.95% | 4.5% | 3.93% | 11.88% | 44.82% |
| Jun 2025 | 55.01% | 4.5% | 2.99% | 12.58% | 44.76% |
| Mar 2025 | 57.71% | 6.4% | 1.69% | 16.91% | 41.92% |
| Dec 2024 | 57.71% | 5.3% | 0.56% | 18.13% | 41.92% |
| Sep 2024 | 57.71% | 4.5% | 2.83% | 19.19% | 41.92% |