Notes / Company

Fino Payments Bank Ltd.

FINOPB BSE 543386 ISIN INE02NC01014 Banks

Fundamentals

Market cap: ₹1,220 cr
P/E: 23.26×
ROE: 13.74%
Debt / equity: 1.17
52-week range: 110.03 — 339.00

Research on Tijori Finance

Company snapshot

Fino Payments Bank Ltd.

Banks

₹1,220 cr

P/E 23.25×

Latest quarter · Mar 2026

Net profit₹7 cr

Net margin+11.1%

EPS₹0.85

Returns & growth

Return on equity+13.7%

The timeline — 2 notes on Fino Payments Bank Ltd.

June 2026

08 Jun 26 · 9:05 PM IST Brief

Brief · Small cap

Fino's loan referrals surge 186%. Its payments business keeps shrinking.

May data shows the bank's pivot to lending is accelerating, but at a steep cost to its original payments volume.

May 2026

21 May 26 · 8:40 PM IST Lead

Lead · Small cap

Fino Payments Bank MD Rishi Gupta resigns after 20 years

The founding leader exits weeks after a GST arrest, leaving the bank in interim hands during a sensitive transition to a small finance license.

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