Fusion Finance
193.68
+1.01(+0.52%)
Market Cap₹1,946.40 Cr
PE Ratio5.13
Company Performance:
1D+0.52%
1M+11.82%
6M+37.85%
1Y-11.78%
5Y-38.42%
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More news about Fusion Finance
10Aug 25
Fusion Finance Reports Q1 Results: Credit Costs Improve, Portfolio Quality Strengthens
Fusion Finance, a microfinance institution, released Q1 financial results showing improvements in credit costs and portfolio quality. AUM decreased 14% QoQ to ₹7,688.00 crore. Net loss reduced to ₹92.00 crore from ₹165.00 crore in the previous quarter. NIM expanded to 10.29%. GNPA improved to 5.43%, and NNPA declined to 0.19%. Credit costs decreased to ₹178.00 crore. Disbursements were ₹950.00 crore with enhanced guardrails. Current collection efficiency improved to 98.50%. The company maintains a strong liquidity position of ₹724.00 crore and a robust CRAR of 29.52%. Strategic initiatives include onboarding a Chief Credit Officer and focusing on portfolio quality.
08Aug 25
Fusion Finance Reports Widened Net Loss and Revenue Decline in Q1 FY26
Fusion Finance Limited, an NBFC-MFI, reported a net loss of ₹922.50 million in Q1 FY26, up from ₹356.20 million in Q1 FY25. Total income fell 36.95% to ₹4.46 billion. Despite challenges, Net Interest Income remained stable at ₹2.68 billion, and Net Interest Margin improved to 10.29%. The company maintained a CRAR of 29.52% and reported a GNPA ratio of 5.43%. Assets Under Management stood at ₹76.88 billion with 2.85 million active borrowers across 1,560 branches.
24May 25
Fusion Finance Reports Q4 FY25 Net Loss of Rs 165 Crore, Breaches Financial Covenants
Fusion Finance, a microfinance lender, reported a net loss of Rs 165 crore for Q4 FY25, contributing to an annual net loss of Rs 1,225 crore for FY25. The company breached financial covenants on Rs 4,763 crore of borrowings, potentially making these loans repayable on demand. Fusion Finance has obtained extensions for Rs 4,080 crore and is in discussions for the remaining amount. The company's Q4 FY25 revenue declined by 29.49% year-over-year to Rs 476 crore, with EBITDA dropping by 95.35%. The Gross NPA ratio stood at 7.92% as of March-end, indicating asset quality concerns.
12May 25
Fusion Finance's ₹800 Crore Rights Issue Oversubscribed, Bolstering Financial Position
Fusion Finance Limited (FFL) successfully completed its rights issue, raising ₹800 crore with a 1.5 times oversubscription. The issue comprised 6.11 million partly paid-up equity shares at ₹131 per share. FFL's financial metrics for FY 2024 show significant growth, with total assets increasing by 25.75% to ₹11,774.30 crore and current assets rising by 38.93% to ₹1,699.10 crore. The company serves 3.66 million customers and reported an Asset Under Management of ₹10,599.37 crore as of December 31, 2024.
14Mar 25
Fusion Finance Appoints Sanjay Garyali as New CEO Amid Financial Challenges
Fusion Finance Limited has appointed Sanjay Garyali as its new CEO, effective March 17, 2025, replacing Devesh Sachdev who will transition to Managing Director. This leadership change comes as the company faces significant financial challenges, reporting a net loss of ₹1,059.98 crore for the nine months ended December 31, 2024, compared to a profit of ₹372.60 crore in the previous year. The company is grappling with covenant breaches on borrowings of ₹5,288 crore and a substantial increase in impairment on financial instruments. Garyali, with 28 years of finance industry experience, is tasked with steering the company through its current financial difficulties.
20Feb 25
Fusion Finance Announces Rs 800 Crore Rights Issue to Boost Capital Adequacy
Fusion Finance Limited plans to raise Rs 800 crore through a rights issue, aiming to boost its capital adequacy ratio above 30% and strengthen its balance sheet. The announcement follows positive Q3 FY24-25 results, showing improved business parameters, enhanced loan portfolio quality, and strong MSME lending growth. The company's Q3 earnings call, held on February 13, 2025, provided further insights into its performance.
Fusion Finance
193.68
+1.01
(+0.52%)
1 Year Returns:-11.78%
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