FUSION FINANCE LIMITED

BSE: FUSION543652ISIN INE139R01012

Financial Services
Microfinance Institutions
BSE 1000

Share price

₹153.15+8.70 (+6.02%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high: ₹242.90
52W low: ₹127.00
Off 52W high: -36.95%
1M return: -8.49%
3M return: -27.05%
6M return: -30.08%
1Y return: -14.23%
20D avg volume: 72,537
50 DMA: ₹172.74
200 DMA: ₹183.11

Key ratios Standalone

Market cap: ₹2,480 Cr
Current price: ₹153.15
52W high / low: ₹242.90 / ₹127.00
Face value: ₹10.00
P/E: 9.00
P/B: 0.99
EPS (TTM): ₹17.01
Book value / share: ₹154.70
ROE: 10.99%
ROCE: —
Operating margin: —
Net margin: —
Debt / equity: 2.12
Net debt: ₹3,336 Cr
Interest cover: 0.88
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: —

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	485.61	458.17	424.02	416.44	415.79	434.43	466.08	473.81	691.55	688.32	645.99	593.03
	0.06	0.14	6.12	7.66	16.90	11.14	9.91	8.70	12.16	18.36	29.15	20.21
	485.67	458.31	430.14	424.10	432.69	445.57	475.99	482.51	703.71	706.68	675.14	613.24
	399.19	395.90	392.73	410.05	454.83	537.82	640.55	990.03	1,114	757.40	503.43	446.74
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	157.73	155.49	155.18	153.44	154.14	154.16	146.20	151.17	140.47	135.40	122.23	111.87
	150.51	149.84	132.10	123.46	134.27	148.89	179.41	213.67	227.36	223.41	214.88	201.46
	1.76	1.74	2.20	2.49	2.49	2.42	3.26	3.20	2.85	2.36	2.78	2.38
	50.68	49.15	47.61	51.14	52.78	53.49	57.00	49.70	49.19	47.76	44.57	37.27
	86.48	62.41	37.41	14.05	-22.14	-92.25	-164.56	-507.52	-410.21	-50.72	171.71	166.50
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	86.48	62.41	37.41	14.05	-22.14	-92.25	-164.56	-507.52	-410.21	-50.72	171.71	166.50
	0.00	0.00	-76.78	0.00	0.00	0.00	0.00	—	—	—	—	—
	86.48	62.41	114.19	14.05	-22.14	-92.25	-164.56	-719.32	-305.04	-35.62	132.69	126.45
	5.35	3.86	7.06	1.05	-1.69	-7.44	-14.97	-71.46	-30.31	-3.54	13.20	12.58
Key metrics
	—	—	—	—	—	—	—	-290.65	-180.00	175.05	389.37	370.34
	—	—	—	—	—	—	—	-61.30%	-26.00%	25.40%	60.30%	62.40%
	17.80%	13.60%	26.90%	3.40%	-5.30%	-21.20%	-35.30%	-151.80%	-44.10%	-5.20%	20.50%	21.30%
	16.80%	5.50%	-9.00%	-12.10%	-39.90%	-36.90%	-27.90%	-20.10%	—	—	—	—
	490.60%	167.70%	169.40%	102.00%	92.70%	-159.00%	-224.00%	-668.90%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23
Income statement
	1,784	1,699	2,320	2,317	1,742
	13.98	33.97	49.13	95.69	58.05
	1,798	1,732	2,369	2,412	1,800
	1,598	1,795	3,502	1,749	1,288
	0.00	0.00	0.00	0.00	0.00
	0.00	0.00	0.00	0.00	0.00
	621.84	616.92	573.24	431.22	325.52
	555.91	538.72	843.85	790.83	642.78
	8.19	9.60	11.67	9.01	7.41
	198.58	205.02	203.65	153.24	111.91
	200.35	-62.93	-1,133	663.26	511.98
	0.00	0.00	0.00	0.00	0.00
	200.35	-62.93	-1,133	663.26	511.98
	-76.78	-76.78	91.53	—	—
	277.13	13.85	-1,225	505.29	387.14
	17.32	1.01	-111.41	50.30	43.29
Key metrics
	—	—	—	1,463	1,162
	—	—	—	63.20%	66.70%
	15.53%	0.80%	-52.80%	21.80%	22.20%
	-0.33%	-26.80%	0.10%	33.00%	—
	—	101.10%	-342.30%	30.50%	—
	—	1,145	1,441	—	—
	—	82.76	-1.18	—	—
	—	2.12	3.77	—	—
	—	3,336	5,420	—	—
Balance sheet
	—	8,295	8,293	—	—
	—	1,875	783.05	—	—
	—	7.40	3.70	—	—
	—	0.00	0.00	—	—
	—	24.57	24.55	—	—
	—	5,211	6,203	—	—
	—	2,456	1,643	—	—
Cash flow
	—	1,146	1,448	—	—
	—	12.17	74.40	—	—
	—	-66.63	-2,214	—	—
	—	1.69	6.64	—	—

Compounded growth

Sales CAGR 3Y: -0.84%
Sales CAGR 5Y: —
Profit CAGR 3Y: -67.05%
Profit CAGR 5Y: —
Sales YoY (TTM): -0.33%
Profit YoY (TTM): +127.76%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 51.76%

Quarter	September 2026	June 2026
Promoter %	51.76%	53.98%

Holder	Type	Holding	Previous	Change
Honey Rose Investment Ltd	Promoter	35.02%	35.20%	-0.18%
Creation Investments Fusion, Llc	Promoter	8.65%	8.70%	-0.05%
Creation Investments Fusion Ii, Llc	Promoter	8.09%	8.13%	-0.04%
HDFC MUTUAL FUND - HDFC BANKING AND FINANCIAL SERVICES FUND	Public	3.83%	3.85%	-0.02%
INDIA CAPITAL FUND LIMITED	Public	2.77%	2.79%	-0.02%
NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA VALUE FUND	Public	2.57%	2.05%	+0.52%
ADITYA BIRLA SUN LIFE MUTUAL FUND - ADITYA BIRLA SUN LIFE SMALL CAP FUND	Public	1.25%	—	—
BANDHAN FINANCIAL SERVICES FUND	Public	1.08%	—	—
Warburg Pincus Financial Sector (Cayman), L.P.	Promoter Group	0.00%	0.00%	0.00%
Creation Investments Social Venture Fund III, L.P.	Promoter Group	0.00%	0.00%	0.00%
Creation Investments Social Venture Fund IV, L.P.	Promoter Group	0.00%	0.00%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
CreditAccess Grameen Ltd.	17,251	1,074.50	10.87	—	+17.66% TTM	+1,086.78% TTM	-22.03%
SATIN CREDITCARE NETWORK LIMITED	2,841	257.15	5.33	—	+19.75% TTM	+296.18% TTM	+70.35%
Muthoot Microfin Limited S	2,609	153.05	10.63	—	+0.75% TTM	+174.47% TTM	-9.17%
FUSION FINANCE LIMITED S	2,480	153.15	9.00	—	-0.33% TTM	+127.76% TTM	-14.23%
Spandana Sphoorty Financial Limited	1,609	182.70	-27.17	—	-26.46% TTM	+95.98% TTM	-24.83%

Filings & corporate actions

Recent announcements

Intimation of record date is attached3 Nov 2026 · Company Update / General
Newspaper Publication is attached3 Nov 2026 · Company Update / Newspaper Publication
Audio Recording of Earnings Conference Call on the Standalone Un-audited Financial Results for the Quarter and Half Year ended September 30, 20262 Nov 2026 · Company Update / Analyst / Investor Meet
Statement of Deviation or variation in the use of proceeds of Equity shares is attached2 Nov 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Monitoring Agency Report is attached2 Nov 2026 · Company Update / Monitoring Agency Report
Security Cover Certificate is attached2 Nov 2026 · Company Update / General
Unaudited Financial Results for quarter ended September 30, 2026 is attached2 Nov 2026 · Result / Financial Results
Press Release is attached2 Nov 2026 · Company Update / Press Release / Media Release
Earning Presentation on Unaudited Financial Results2 Nov 2026 · Company Update / Investor Presentation
Outcome of Board Meeting is attached2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation of Schedule of Analysts/ Investors Meeting is attached29 Oct 2026 · Company Update / Analyst / Investor Meet
Certificate for Payment of Interest on Non-Convertible Debentures is attached29 Oct 2026 · Company Update / General
Intimation of Earnings Conference Call on Monday, November 02, 2026 is attached27 Oct 2026 · Company Update / Analyst / Investor Meet
Fusion Finance Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve Prior intimation of the Board ....27 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is attached14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation of record date under Regulation 60(2) of SEBI LODR Regulations, 2015 is attached6 Oct 2026 · Company Update / General
Details of Compliance Officer and Registrar to an Issue and Share Transfer Agent of the Company is attached6 Oct 2026 · Company Update / General
Allotment of Equity Shares disclosure is attached28 Sep 2026 · Company Update / Allotment of Equity Shares
Certificate for Payment of Interest on Non-Convertible Debentures is attached28 Sep 2026 · Company Update / General
Change in Management- Resignation of Chief Strategy Officer25 Sep 2026 · Company Update / Change in Management
Intimation of Closure of Trading Window is attached25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of Schedule of Analysts/ Investors Meeting17 Sep 2026 · Company Update / Analyst / Investor Meet
As per detailed disclosure enclosed herewith.15 Sep 2026 · Company Update / General
Change in Management as per detailed disclosure enclosed herewith.15 Sep 2026 · Company Update / Change in Management
As per detailed disclosure enclosed herewith.15 Sep 2026 · Others / Outcome without intimation
The Company has executed the sale of stressed loan portfolio to an ARC for a consideration of Rs. 35.20 Cr., as per detailed disclosure enclosed8 Sep 2026 · Company Update / General
Intimation of receipt of trading approval for conversion of partly paid up equity shares into fully paid up equity shares is enclosed3 Sep 2026 · Company Update / General
Intimation of record date under Regulation 60(2) of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 is enclosed3 Sep 2026 · Company Update / General
Intimation of Schedule of Analysts/ Investors Meeting is attached31 Aug 2026 · Company Update / Analyst / Investor Meet
Certificate for Payment of Interest on Non-Convertible Debentures disclosure is attached29 Aug 2026 · Company Update / General
Transcript of Earnings Conference call on the Standalone Un-audited Financial Results for the quarter ended June 30, 2026 is enclosed.17 Aug 2026 · Company Update / Earnings Call Transcript
Disclosure under Regulation 30 of SEBI LODR Regulations, 2015 is enclosed15 Aug 2026 · Company Update / General
Clarification on news article published in Economic Times13 Aug 2026 · Others
The Exchange has sought clarification from Fusion Finance Ltd on August 12, 2026, with reference to news appeared in https://economictimes.indiatimes.com/ dated August 12, 2026 quoting ....12 Aug 2026 · Company Update / Clarification
Submission of copies of Newspaper Publication11 Aug 2026 · Company Update / Newspaper Publication
Intimation of Shareholder''s approval is enclosed11 Aug 2026 · Company Update / General
Submission of Scrutiniser''s Report and voting results of Postal Ballot Notice dated July 09, 2026.11 Aug 2026 · AGM/EGM / Postal Ballot
Submission of Scrutiniser''s Report and Voting Results of Postal Ballot Notice dated July 09, 2026.11 Aug 2026 · AGM/EGM / Postal Ballot
Audio Recording of Earnings Conference Call on the Standalone Un-audited Financial Results for the Quarter ended June 30, 202610 Aug 2026 · Company Update / Analyst / Investor Meet
As per detailed disclosure enclosed10 Aug 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Right Issue of Equity Shares	4 Apr 2025	4 Apr 2025	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
10 Aug 2026 Board Meeting - Financial Results