Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Fusion Finance Limited

Fusion Finance Limited

NSE: FUSION
Credit ServicesFinancial ServicesSMALL CAPMCap ₹2.56k Cr
₹159.12₹-3.18 (-1.96%)

Market Closed • NSE

Market cap₹2.56k Cr
Enterprise value₹6.30k Cr
P/E TTM15.49
Forward P/E5.43
P/B1.05
EPS TTM₹10.27
Forward EPS₹29.30
ROCE5.92%
D/E2.28
Dividend yield0.00%
Face value₹10.00
52W high₹243.00
52W low₹136.50
Price chart(1Y)
1Y Return:-8.95% (₹15.64)
H: ₹243L: ₹158.64
1W-2.96%
1M-13.73%
3M-30.14%
6M-12.62%
1Y-12.26%
Today at a glance

Day range

₹158.64₹162.66

52 week range

₹136.50₹243.00
Volume418.1K0.99x 20D avg
Free float50.00%-1.30% volume

Fusion Finance Limited closed at INR159.12 (-1.96%) on volume 0.99x its 20-day average, trading 34.52% below its 52-week high.

Technical analysis
RSI (14)26.3Oversold
MACDBEARISHBearish (Below signal)
ATR (14)₹6.09High
SMA 20₹171.52BEARISH
SMA 50₹187.18BEARISH
SMA 100₹193.58BEARISH
SMA 200₹185.13BEARISH
CPR bottom₹163.06
Pivot₹162.81
CPR top₹162.55
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved -45.6% QoQ

2025-04-04

RIGHTS Announced

Rights 55:91 @ Premium Rs 121/-

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹5.57k Cr₹2.56k Cr217.84%≤ 33%FAIL
Non-halal income ratio–₹1.55k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹6.42k Cr₹8.29k Cr77.40%≥ 20%PASS
Receivables ratio–₹8.29k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E15.4916.50
Forward P/E5.43—
P/B1.051.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield6.506.10
Growth & profitability
RevenuePAT
FY25PAT margin -57.00%
FY26PAT margin 0.90%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+0.50%
Revenue CAGR 5Y-6.30%
PAT CAGR 3Y—
PAT CAGR 5Y—
Operating margin23.22%
Net margin19.63%
Financial health & cash flow
Net debt₹3.70k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT82.31x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹1.15k Cr
Capital expenditure–
Free cash flow₹1.13k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall43/100
Valuation60/100
Profitability50/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

High Cash Flow Conversion: CFO/PAT averaged 82.31x over last 3 years

Attractive Valuation: P/E of 15.5x trades below sector historical averages

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 2.28x

Bull case

Market Leadership: Established operational scale in Credit Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2024

Ownership distribution

Sept 2024Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024
20.02%Institutional holding
25.78%Public holding
1Periods available
0.00%Promoter pledged
68.12KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
04 Apr 2025Rights issueRights 55:91 @ Premium Rs 121/-—04 Apr 2025
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)55.71%-13.95% latest vs average
Highest delivery64.85%on 13 Oct
Average volume (20D)423.5KTrading-session average
Conviction trendWeakening-13.95% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Fusion Finance Limited
Fusion Finance Limited

Incorporated in 1994, Fusion Finance Ltd is primarily engaged in microfinance lending activities[1]

IndiaFinancial Services

Questions investors ask
Is Fusion Finance Limited Shariah compliant?

Fusion Finance Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Debt to Market Cap (217.84%) exceeds AAOIFI threshold (≤ 33%).

What is Fusion Finance Limited's current valuation relative to peers?

Fusion Finance Limited trades at a P/E of 15.5x compared to the sector median of 16.5x, and a Price-to-Book of 1.0x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 2.28x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -6.3% while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.