Fusion Finance Ltd
NSE: FUSION BSE: 543652Banking
Incorporated in 1994, Fusion Finance Ltd is primarily engaged in microfinance lending activities[1]
₹189
52W: ₹136 — ₹225
PE 220 · Book ₹152 · +24% vs bookMarket Cap₹3,049 Cr
Stock P/E220Price to Earnings
ROCE5.92%Return on Capital
ROE0.68%Return on Equity
Div. Yield0%Face Value ₹10
Weaknesses
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -0.75%
- −Company has a low return on equity of -10.2% over last 3 years.
Shareholding Pattern
Promoters54.18%
FIIs4.75%
DIIs14.43%
Public26.43%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 57.71% | 57.71% | 57.71% | 57.71% | 55.02%▼2.7 | 54.96%▼0.1 | 54.92%▼0.0 | 54.18%▼0.7 |
| FIIs | 3.95% | 2.82%▼1.1 | 0.56%▼2.3 | 1.69%▲1.1 | 2.99%▲1.3 | 3.92%▲0.9 | 4.89%▲1.0 | 4.75%▼0.1 |
| DIIs | 22.79% | 19.19%▼3.6 | 18.13%▼1.1 | 16.91%▼1.2 | 12.57%▼4.3 | 11.88%▼0.7 | 11.94%▲0.1 | 14.43%▲2.5 |
| Public | 15.17% | 19.9%▲4.7 | 23.24%▲3.3 | 23.32%▲0.1 | 29.19%▲5.9 | 29.01%▼0.2 | 28.03%▼1.0 | 26.43%▼1.6 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 243 | 286 | 532 | 884 | 773 | 458 | 387 | 318 | 284 | 258 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 126 | 133 | -36 | -305 | -719 | -165 | -92 | -22 | 14 | 114 |
| EPS ₹ | 7.8 | 8.19 | -2.2 | -18.82 | -44.38 | -10.15 | -5.69 | -1.37 | 0.87 | 7.08 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 14.43% (-2.08pp change). FIIs: 4.75% (-0.68pp change). Promoters hold 54.18%.
Margin & Efficiency
ROCE improving from 0% (Mar 2018) to 0% (Mar 2026). Working capital days: 0.
Valuation
PE 220x with 5.92% ROCE. Price is 24% above book value of ₹152. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 1d - Fusion Finance schedules investor and analyst meetings on 21-22 and 28-29 May 2026 in Mumbai.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 1d
- Grant Of Stock Options- Disclosure Under Regulation 30 And Regulation 51 Of SEBI (LODR) Regulations, 2015 1d - Nomination committee approved 1,50,000 stock options under ESOP 2023 at Rs.203.95 each on May 15, 2026.
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - CRISIL monitoring report for Q4 FY26 rights issue shows no deviation and Rs 382.41 crore utilized.
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d - Investor Presentation for the quarter and FY ended March 31, 2026
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse