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Fusion Micro Finance Ltd share Price Today

Company details

455.00
469.85
416.20
691.00
6M Return -19.57%
1Y Return -14.30%
Mkt Cap.(Cr) 4,605.18
Volume 410,972
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 410,972

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Finance company Fusion Micro Finance announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

• Total income increased 29.7% YoY from Rs 520.7 Crore to Rs 675.1 Crore
• Net interest income (NII) increased 31.5% YoY from Rs 273.8 Crore to Rs 359.9 Crore
• Pre-provision operating profit (PPOP) increased 31.5% YoY from Rs 221.1 Crore to Rs 290.7 Crore
• Cost of Fund reduced from 10.4% to 10.2% (YoY)
• GNPA reduced from 3.0% to 2.8% (QoQ) and NNPA reduced from 0.8% to 0.6% (QoQ)
• Write-offs were Rs 75.1 Crore
• Profit After Tax (PAT) increased by 15.9% YoY from Rs 114.5 Crore to Rs 132.7 Crore
• Healthy capital position with CRAR of 27.5%
• Robust liquidity of Rs 1,474.7 Crore of cash & cash equivalents, amounting to 12.5% of the total assets

FY24 Financial Highlights:

• Asset under Management (AUM) grew 23.5% YoY from Rs 9,296.2 Crore to Rs 11,476.1 Crore
• Disbursements grew 19.8% YoY from Rs 8,596.1 Crore to Rs 10,294.4 Crore
• Net NPA 0.6%
• Borrower base increased from ~35.3 lakh to ~38.6 lakh
• 211 branches added in FY24, increasing the total branch network to 1,297 branches across 22 States including 3 Union Territories

Commenting on the performance, Devesh Sachdev, MD and CEO said, “We closed a very successful FY24 with the highest ever PAT, consistent growth in AUM, healthy return ratios and overall robust operational and financial metrics. We continue to invest in human capital, technology, network and process efficiencies. This reiterates our commitment to build a responsible and sustainable organization while creating long term value for our shareholders.”

Result PDF

View Other Company Results

Fusion Micro Finance Ltd shares SWOT Analysis

Strengths (9)

  • Rising Net Cash Flow and Cash from Operating activity
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (1)

  • Weak Momentum: Price below Short, Medium and Long Term Averages

Opportunity (2)

  • Street Favorite: High Analyst Rating with at least 20% upside
  • Stock with Low PE (PE < = 10)

Threats (3)

  • Increasing Trend in Non-Core Income
  • Increase in Provisions in Recent Results
  • RSI indicating price weakness

Resistance and support

R1 465.5
R2 475.1
R3 480.3
Pivot

460.23

S1 450.6
S2 445.4
S3 435.8
EMA SMA
470.3
479.0
500.2
513.2
464.4
478.0
502.6
549.8
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
HDFC MUTUAL FUND Bulk Purchase 2023-12-14 555.6 3129172 BSE
MORGAN STANLEY ASIA SINGAPORE PTE Bulk Purchase 2023-12-14 555.6 1780000 BSE
FRANKLIN TEMPLETON MUTUAL FUND Bulk Purchase 2023-12-14 555.6 900000 BSE
Name Category Shares
Devesh Sachdev PROMOTER 4.89%
Honey Rose Investment Ltd PROMOTER 32.83%
Creation Investments Fusion, Llc PROMOTER 9.93%
Creation Investments Fusion II, Llc PROMOTER 9.85%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Fusion Micro Finance Ltd Stocks COMPARISON

Financials( in Cr) Fusion Micro Finance Ltd Bajaj Finance Ltd Bajaj Finserv Ltd Indian Railway Finance Corporation Ltd Jio Financial Services Ltd
Price 455.85 7,081.85 1,587.65 176.87 355.35
% Change -3.32 -0.73 0.55 0.31 -1.54
Mcap Cr 4,605.18 438,363.68 253,307.81 231,142.67 225,763.95
Revenue TTM Cr 1,741.92 41,398.35 82,071.70 23,891.95 44.84
Net Profit TTM Cr 387.15 11,507.69 12,209.54 6,337.01 31.25
PE TTM 9.08 30.33 31.10 36.01 140.43
1 Year Return -14.30 -1.72 4.50 435.16 42.77
ROCE 14.24 11.76 12.69 5.32 0.03
ROE 21.16 23.46 28.18 14.66 0.02
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 2,321.92 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,603.75 11,365.18
LAST 3M 103,254.09 -13,985.70
LAST 6M 182,650.74 -3,739.19
LAST 12M 295,819.56 101,589.49
Fusion Micro Finance Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jun 19, 2024 l NSE Announcement

Fusion Micro Finance Limited - Updates

Jun 18, 2024 l NSE Announcement

Date Action Type Ratio
No data found

Fusion Micro Finance Ltd Information

Stock PE (TTM)
9.08
Promoter Holding
57.71%
Book Value
283.0309
ROCE
14.24%
ROE
21.16%
Description
  • 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
NSE Code : FUSION
Book Closure Date (Month) :
BSE Group : A
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 Jun 24, 2024 03:59 PM the closing price of Fusion Micro Finance Ltd was Rs.455.85.

The latest PE ratio of Fusion Micro Finance Ltd as of Jun 24, 2024 03:59 PM is 9.08

The latest PB ratio of Fusion Micro Finance Ltd as of Jun 24, 2024 03:59 PM is 0.62

The 52-week high of Fusion Micro Finance Ltd share price is Rs. 691.00 while the 52-week low is Rs. 416.20

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 Jun 24, 2024 03:59 PM, the market cap of Fusion Micro Finance Ltd stood at Rs. 4,605.18 Cr.

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