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Company details

6M Return 10.30%
1Y Return 56.16%
Mkt Cap.(Cr) 5,788.17
Volume 197,418
Div Yield 0.00%
OI Chg %
Volume 197,418

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Non-banking Financial company Fusion Micro Finance announced Q2FY24 results:

  • Asset under Management (AUM) grew 24.60% YoY from Rs 8,047.18 crore to Rs 10,026.43 crore
  • Disbursements grew 14.22% YoY to Rs 2,343.77 crore
  • Net NPA at 0.65%
  • Borrower base increased to 36.9 lakhs
  • 61 branches added in Q2 FY24, increasing the total branch network to 1,164 across 22 States, including 3 Union Territories
  • Total income increased 26.29% YoY from Rs 452.33 crore to Rs 571.26 crore
  • Net interest income (NII) increased 26.33% YoY from Rs 241.07 crore to Rs 304.54 crore
  • Pre-provision operating profit (PPOP) increased 29.11% YoY from Rs 187.27 crore to Rs 241.79 crore
  • Total Expected Credit Loss (ECL) is Rs 300.24 crore (3.34%) (includes management overlay of Rs 61.48 crore), GNPA of Rs 241.10 crore (2.68%) and NNPA reduced to 0.65% from 0.78% (QoQ)
  • Write-offs were Rs 103.42 crore
  • Profit After Tax (PAT) increased by 32.22% YoY to Rs 125.69 crore from Rs 95.06 crore
  • Healthy capital position with CRAR of 28.78%.
  • Robust liquidity of Rs 1,400.43 crore of cash & cash equivalents, amounting to 13.42% of the total assets
  • Crossed a significant milestone of Rs 10,000 crore AUM
  • CRISIL has upgraded the credit rating to ‘CRISIL A /Stable’. This is the second rating upgrade in the last 11 months.

Commenting on the performance, Devesh Sachdev, Managing Director and CEO, Fusion Micro Finance said, “We continue to deliver a good set of numbers and are confident of strong performance in FY24. In this quarter, we achieved two very significant milestones of crossing Rs 10,000 crore Asset Under Management and a rating upgrade to ‘CRISIL A /Stable’. This is the second upgrade in less than 11 months. We added ~2.4 lakh new clients in H1, YOY growth of 17.69 %. We have clocked Rs 125.69 crore Profit After Tax (PAT), up by 32.22 % YOY. We are navigating the elevated cost of funds environment very well with the Marginal Cost of Borrowing at 10.55 % which is the lowest in the last 4 quarters. Our key strategic focus remains to deliver long-term sustainable growth”.



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Fusion Micro Finance Ltd Stocks COMPARISION


Equity Capital: 2,321.92 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 15,807.61 22,242.37
LAST 3M 53,561.78 1,857.71
LAST 6M 93,771.92 77,726.86
LAST 12M 161,092.98 118,023.38

Fusion Micro Finance Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Fusion Micro Finance Ltd. was originally incorporated as `Ambience Fincap Private Limited` on September 5, 1994 at New Delhi, India as a Private Limited Company under the Companies Act, 1956. Subsequently, name of the Company changed to `Fusion Micro Finance Private Limited` and a fresh Certificate of Incorporation, dated April 19, 2010 was issued by the RoC to describe the business of the Company, post which the RBI granted a certificate of registration dated May 19, 2010 reflecting the change of name. The name of Company was further changed to Fusion Micro Finance Limited upon conversion to a Public Limited Company on July 20, 2021, post which a fresh Certificate of Registration as an NBFC (not accepting public deposits) dated October 1, 2021, was issued by the RBI reflecting the change in name of the Company. The Company is a microfinance company providing financial services to underserved women across India in order to facilitate their access to greater economic opportunities. It had the fourth fastest gross loan portfolio CAGR of 53.89% between the financial years 2017 and 2021 among the 10 largest NBFC-MFIs in India, and was one of the youngest companies among top NBFC-MFIs in India in terms of AUM as of June 30,2022, according to CRISIL. As of June 30, 2022 and March 31, 2022, 2021 and 2020, the total AUM was Rs. 73,890.23 million, Rs. 67,859.71 million, Rs. 46,378.39 million and Rs. 36,065.24 million, respectively. As of June 30, 2022, the Company had 2.90 million active borrowers which were served by nearly 966 branches and 9,262 permanent employees spread across 377 districts in 19 states and union territories in India. The Company is primarily engaged in micro finance lending activities, providing financial services to poor women in India who are organized as Joint Liability Group(JLGs). It provides small value collateral free loans. Apart from micro finance lending, it also has lending to MSME enterprises. It uses its distribution channel to provide other financial products and services to the members primarily relate to providing of loans to the members for the purchase of certain productivity enhancing products such as mobile handsets, bicycle. The key product offerings are income-generating loans that provide capital for women entrepreneurs in rural areas to fund businesses operating in agriculture-allied and agriculture, manufacturing and production, trade and retail, and services sectors. In addition, it offer existing customers cross-sell loans that are utilized for livelihood and productivity enhancing purposes as well as MSME loans to eligible enterprises. It is further premised on the fact that if such individuals are given access to credit, they will be able to identify new opportunities and/or grow existing income-generating activities such as running local retail shops, providing tailoring and other assorted trades and services, raising livestock, cottage production such as pottery, basket weaving and mat making, land and tree leasing, among others. It lend to women in low income households, even if loan proceeds are used in the household business that is run by the family, including the husband. The Company came out with a public issue during November, 2022 by raising Rs. 1103.99 crores through fresh issue amounting to Rs. 600 crores and offer for sale amounting to Rs. 503.99 crores.

No Data Found

AGM Date (Month) :
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543652
Book Closure Date (Month) :
BSE Group : B
ISIN : INE139R01012

FAQ’s on Fusion Micro Finance Ltd Shares

You can buy Fusion Micro Finance Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Fusion Micro Finance Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 01, 2023 03:50 PM the closing price of Fusion Micro Finance Ltd was ₹ 572.95.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 01, 2023 03:50 PM, the market cap of Fusion Micro Finance Ltd stood at ₹ 5,788.17.

The latest PE ratio of Fusion Micro Finance Ltd as of Dec 01, 2023 03:50 PM is 12.46

The latest PB ratio of Fusion Micro Finance Ltd as of Dec 01, 2023 03:50 PM is 0.45

The 52-week high of Fusion Micro Finance Ltd is ₹ 691.00 while the 52-week low is ₹ 346.50

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