Fusion Finance Ltd
FUSIONFusion Finance Ltd
FUSION
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 5.83 | 0.71 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 17.79 | 2.47 | 0.97% |
Forecast & Ratings
Detailed Forecast from 8 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Fusion Micro Finance provides financial services to underserved women across India in order to facilitate their access to greater economic opportunities.
Peers
Compare with peersBajaj Finance Ltd
Jio Financial Services Ltd
Shriram Finance Ltd
Bajaj Housing Finance Ltd
Cholamandalam Investment and Finance Company Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 110.35 | 201.04 | 267.31 | 497.05 | 730.31 | 873.09 | 1,201.35 | 1,799.97 | 2,412.42 | 2,566.32 | ||||||||||
Raw Materials | — | — | — | — | — | — | — | — | — | 2,103.63 | ||||||||||
| Power & Fuel Cost | — | — | — | — | — | — | — | — | — | |||||||||||
| Employee Cost | 25.81 | 48.32 | 66.10 | 103.33 | 148.33 | 168.64 | 233.07 | 325.52 | 431.22 | |||||||||||
| Selling & Administrative Expenses | — | — | — | — | — | — | — | — | — | |||||||||||
| Operating & Other expenses | 61.21 | 146.31 | 252.78 | 322.93 | 479.40 | 643.76 | 938.48 | 955.06 | 1,308.93 | |||||||||||
EBITDA | 23.33 | 6.41 | -51.57 | 70.79 | 102.58 | 60.69 | 29.80 | 519.39 | 672.27 | 462.69 | ||||||||||
| Depreciation/Amortization | 1.04 | 1.60 | 2.04 | 2.39 | 2.58 | 3.89 | 5.37 | 7.41 | 9.01 | 9.61 | ||||||||||
| PBIT | 22.29 | 4.81 | -53.61 | 68.40 | 100.00 | 56.80 | 24.43 | 511.98 | 663.26 | 453.08 | ||||||||||
| Interest & Other Items | — | — | — | — | — | — | — | — | — | — | ||||||||||
| PBT | 22.29 | 4.81 | -53.61 | 68.40 | 100.00 | 56.80 | 24.43 | 511.98 | 663.26 | 453.08 | ||||||||||
| Taxes & Other Items | 8.87 | 0.72 | -14.19 | 17.73 | 30.39 | 12.85 | 2.67 | 124.83 | 157.97 | 103.87 | ||||||||||
| Net Income | 13.42 | 4.09 | -39.42 | 50.67 | 69.61 | 43.95 | 21.76 | 387.15 | 505.29 | 349.21 | ||||||||||
| EPS | 8.24 | 1.59 | -10.34 | 9.53 | 9.48 | 5.32 | 2.61 | 41.86 | 50.11 | 34.57 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Company Updates
Peers & Comparison
FinancialsConsumer Finance
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Fusion Finance Ltd | 4.03 | 0.71 | — |
| Bajaj Finance Ltd | 29.52 | 5.56 | 0.52% |
| Jio Financial Services Ltd | 125.14 | 1.44 | — |
| Shriram Finance Ltd | 15.35 | 2.28 | 1.50% |
Price Comparison
Compare FUSION with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 4.38%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.13%
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Decreased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has decreased by 3.41%
Top 5 Mutual Funds holding Fusion Finance Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Nippon India Small Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 5.5181% | Percentage of the fund’s portfolio invested in the stock 0.19% | Change in the portfolio weight of the stock over the last 3 months -0.19% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 140/238 (-5) |
HDFC Multi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 2.0160% | Percentage of the fund’s portfolio invested in the stock 0.24% | Change in the portfolio weight of the stock over the last 3 months -0.26% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 138/215 (-67) |
Nippon India Value Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.3494% | Percentage of the fund’s portfolio invested in the stock 0.34% | Change in the portfolio weight of the stock over the last 3 months 0.34% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 80/95 (+8) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
FUSION has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Hmm, looks like data is unavailable here. Please come back after some timeFusion Finance announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 30 October 2024 .Powered by Capital Market - Live
The Board of Fusion Micro Finance at its meeting held on 05 October 2024 has approved the appointment of Puneet Gupta (DIN: 02728604) as an Additional Non-Executive Independent Director of the Company with effect from 05 October 2024. Powered by Capital Market - Live
The Board of Fusion Micro Finance at its meeting held on 05 October 2024 has approved raising of funds up to Rs 550 crore through rights issue. The Board also approved increase in authorised share capital from Rs 105 crore to Rs 200 crore. Powered by Capital Market - Live
Fusion Micro Finance will hold a meeting of the Board of Directors of the Company on 5 October 2024.Powered by Capital Market - Live
Concord Biotech Ltd, VST Industries Ltd, Mrs Bectors Food Specialities Ltd and Sterling & Wilson Renewable Energy Ltd are among the other losers in the BSE's 'A' group today, 23 September 2024.Fusion Micro Finance Ltd lost 9.99% to Rs 274.7 at 14:47 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 1.03 lakh shares were traded on the counter so far as against the average daily volumes of 31797 shares in the past one month.Concord Biotech Ltd tumbled 7.61% to Rs 2399. The stock was the second biggest loser in 'A' group.On the BSE, 19633 shares were traded on the counter so far as against the average daily volumes of 16872 shares in the past one month.VST Industries Ltd crashed 7.16% to Rs 417.3. The stock was the third biggest loser in 'A' group.On the BSE, 1.02 lakh shares were traded on the counter so far as against the average daily volumes of 47197 shares in the past one month.Mrs Bectors Food Specialities Ltd corrected 4.85% to Rs 1994. The stock was the fourth biggest loser in 'A' group.On the BSE, 11728 shares were traded on the counter so far as against the average daily volumes of 24677 shares in the past one month.Sterling & Wilson Renewable Energy Ltd shed 4.58% to Rs 687.35. The stock was the fifth biggest loser in 'A' group.On the BSE, 1.7 lakh shares were traded on the counter so far as against the average daily volumes of 1.26 lakh shares in the past one month.Powered by Capital Market - Live
Fusion Micro Finance announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live
Lemon Tree Hotels Ltd, Balaji Amines Ltd, Gokaldas Exports Ltd and Sanghvi Movers Ltd are among the other losers in the BSE's 'A' group today, 08 August 2024.Fusion Micro Finance Ltd crashed 9.27% to Rs 314.65 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 4.25 lakh shares were traded on the counter so far as against the average daily volumes of 21411 shares in the past one month.Lemon Tree Hotels Ltd lost 9.26% to Rs 126.45. The stock was the second biggest loser in 'A' group.On the BSE, 4.3 lakh shares were traded on the counter so far as against the average daily volumes of 1.71 lakh shares in the past one month.Balaji Amines Ltd tumbled 6.88% to Rs 2227.95. The stock was the third biggest loser in 'A' group.On the BSE, 36557 shares were traded on the counter so far as against the average daily volumes of 9978 shares in the past one month.Gokaldas Exports Ltd fell 6.46% to Rs 937.4. The stock was the fourth biggest loser in 'A' group.On the BSE, 36217 shares were traded on the counter so far as against the average daily volumes of 30646 shares in the past one month.Sanghvi Movers Ltd plummeted 6.20% to Rs 829.4. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.39 lakh shares were traded on the counter so far as against the average daily volumes of 28324 shares in the past one month.Powered by Capital Market - Live
Sanghvi Movers Ltd, EIH Ltd, Gokaldas Exports Ltd and Bata India Ltd are among the other losers in the BSE's 'A' group today, 07 August 2024.Fusion Micro Finance Ltd lost 20.00% to Rs 346.8 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 82958 shares were traded on the counter so far as against the average daily volumes of 19066 shares in the past one month.Sanghvi Movers Ltd tumbled 9.84% to Rs 921.8. The stock was the second biggest loser in 'A' group.On the BSE, 88328 shares were traded on the counter so far as against the average daily volumes of 21017 shares in the past one month.EIH Ltd crashed 5.59% to Rs 375. The stock was the third biggest loser in 'A' group.On the BSE, 2.92 lakh shares were traded on the counter so far as against the average daily volumes of 34657 shares in the past one month.Gokaldas Exports Ltd dropped 4.69% to Rs 1011.6. The stock was the fourth biggest loser in 'A' group.On the BSE, 93640 shares were traded on the counter so far as against the average daily volumes of 26383 shares in the past one month.Bata India Ltd plummeted 3.49% to Rs 1462.25. The stock was the fifth biggest loser in 'A' group.On the BSE, 93905 shares were traded on the counter so far as against the average daily volumes of 21199 shares in the past one month.Powered by Capital Market - Live
Total income increased by 27.84% year-over-year (YoY) to Rs 706.68 crore during the quarter. Disbursements increase by 30.73% YoY to Rs 2,986.65 crore in Q1 FY25. The company's borrower base as on 30 June 2024 stood at 39.5 lakh. Net interest income (NII) rose by 34.85% to Rs 396.55 crore in Q1 FY25 from Rs 294.07 crore in Q1 FY24. Net interest margin (NIM) improved to 11.64% in Q1 FY25 from 10.89% in Q1 FY24. Cost of fund declined to 10.09% in the June'24 quarter from 10.57% recorded in the June'23 quarter. Pre-provision operating profit (PPOP) increased by 26.49% YoY to Rs 297.75 crore in Q1 FY25. Impairment of financial instruments added up to Rs 348.47 in the first quarter of FY25, which is sharply higher as compared with impairment charge of Rs 75.93 recorded in the same period last year. Consequently, the company posted a pre-tax loss of Rs 50.72 crore in Q1 FY25 as against a pre-tax profit of Rs 159.46 crore posted in Q1 FY24. The company wrote-back taxes aggregating to Rs 15.10 crore during the period under review. As on 30 June 2024, gross NPA stood at 5.46% while net NPA was at 1.25%. Gross NPA and net NPA were at 3.20% and 0.78%, respectively, as on 30 June 2023. The company's capital adequacy position remained healthy, with CRAR of 25.86% as on 30 June 2024. Liquidity remained robust with cash and cash equivalents of Rs 1,590 crore, amounting to 12.98% of the total assets. Devesh Sachdev, MD&CEO, Fusion Finance, said: 'Our AUM has grown consistently and we continue to add new customers in a calibrated manner. As an agile and prudent organization we consistently review our portfolio and we noticed delinquency trends in certain pockets due to over-leverage and external factors. Due to which we have done early risk recognition and tightened our ECL model leading to higher than usual provisioning in this quarter that had an impact on our overall profitability. However, our pre provisioning profits (PPOP) have been in line with our consistent performance in the previous quarters and we expect to go back to our normal course in H2 FY25. Our strong Balance Sheet with 25.86% CRAR underlines our robust business fundamentals and we are committed to follow a prudent path to ensure sustainable growth.' Fusion Finance (formerly Fusion Micro Finance Limited) is amongst India's leading non-banking financial company-microfinance institutions (NBFC-MFIs). It is one of the youngest companies to be among the top NBFC MFIs in the country with an asset under management (AUM) of INR 12,193 crore. The company has been growing consistently with an extensive network of 1,398 branches spread across 22 states including 3 Union Territories, as of 30 June 2024. Powered by Capital Market - Live
Net loss of Fusion Micro Finance reported to Rs 35.62 crore in the quarter ended June 2024 as against net profit of Rs 120.46 crore during the previous quarter ended June 2023. Sales rose 29.61% to Rs 688.32 crore in the quarter ended June 2024 as against Rs 531.07 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales688.32531.07 30 OPM %22.7660.82 - PBDT-48.36161.22 PL PBT-50.72159.46 PL NP-35.62120.46 PL Powered by Capital Market - Live
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 37.15%, vs industry avg of 15.2%
Increasing Market Share
Over the last 5 years, market share increased from 0.4% to 1.03%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 58.4%, vs industry avg of 20.97%