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Fino Payments Bank Ltd share price logo

Fino Payments Bank Ltd

(FINOPB)

₹329.353.67%

as on 04:01PM, 21 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Fino Payments Bank Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Fino Payments Bank Ltd. An average target of ₹460

Source: S&P Global Market Intelligence

Fino Payments Bank Ltd Share analysis

Fino Payments Bank Ltd price forecast by 1 analysts

Upside of34.54%

High

₹460

Target

₹460.00

Low

₹460

Fino Payments Bank Ltd target price ₹460, a slight upside of 34.54% compared to current price of ₹329.35. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Fino Payments Bank Ltd Performance

  • Day's Low

    Day's High

    ₹327.15
    ₹342.9
  • 52 Week's Low

    52 Week's High

    ₹249.4
    ₹467
1 Month Return-15.86 %
3 Month Return-5.76 %
1 Year Return+ 29.17 %
Previous Close₹341.90
Open₹342.90
Volume93.25K
Upper Circuit-
Lower Circuit-
Market Cap₹2,845.10Cr

Fino Payments Bank Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,845.10 Cr
P/B Ratio0
EPS0
Dividend Yield0
SectorBanks
ROE10.55

Fino Payments Bank Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,845.10 Cr-7.43%NANANA
BUY₹7,511.00 Cr20.21%NANANA
NA₹7,083.06 Cr-2.45%NANANA
BUY₹5,999.13 Cr21.69%NA₹1,070 Cr₹10,127 Cr
BUY₹17,452.26 Cr55.24%NANANA

About Fino Payments Bank Ltd

Fino Payments Bank Limited is a wholly-owned subsidiary of Fino PayTech Ltd. It was incorporated on 23 June 2007 as Fino Fintech Foundation and changed its name to Fino Fintech Private Limited on 15 December 2015 following surrender of license under Section 8 of Companies Act 2013. RBI approved the Bank to carry on the business as a Payments Bank on 30 March 2017 following which, the name was changed to Fino Payments Bank. They offer digital financial services along with fee & commission-based income generated from merchant network. The bank witnessed 43.5 crore transactions in FY2020-21 and 12.33 crore transactions in the quarter ended 30 June 2021 with a gross transaction value of Rs 132930.69 crore and Rs 39035.99 crore respectively. On 30 October 2021, the bank floated an IPO with a size of 1200.29 crore, 950.29 crore of which was an Offer For Sale by the promoter. The shares were issued and allotted at Rs 577 per share and were listed on BSE Ltd & NSE on 12 November 2021.

Share Price: ₹329.35 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹2,845.10Cr as of today
Listing date: 12 Nov, 2021
Chairperson Name: Rakesh Bhartia
OrganisationFino Payments Bank Ltd
Headquarters
IndustryBanks
E-voting on sharesClick here to vote

Key events for Fino Payments Bank Ltd

  • Fino Payments Bank Launches New Savings Account - 12 Nov, 2024

    Fino Payments Bank has introduced a new savings account called Gullak, requiring a minimum balance of just Rs 1,000. The account offers features like no annual fee, free ATM transactions, and attractive interest rates up to 7.75% annually, promoting a savings-first mindset.

  • Fino Payments Bank Lock-Up Agreement Details - 09 Nov, 2024

    Fino Payments Bank's equity shares are under a Lock-Up Agreement until November 9, 2024. Promoters' shares are locked for three years, with additional conditions for excess holdings.

  • Venturas Bullish on Fino Payments Bank Stock - 25 Oct, 2024

    Venturas has issued a buy recommendation for Fino Payments Bank, projecting a target price of ₹856, indicating a potential upside of 140% from the current price of ₹387. The bank's net revenues, operating profit, and net earnings are expected to grow significantly over the next few years.

  • Fino Payments Bank Seeks License, Receives Buy Rating - 24 Oct, 2024

    Fino Payments Bank is preparing for a transition to a small finance bank, awaiting RBI feedback. Ventura Securities has initiated coverage with a BUY rating and a target price of Rs 387, highlighting strong revenue growth.

  • Fino Payments Bank Reports Strong Q2 Earnings Growth - 23 Oct, 2024

    Fino Payments Bank announced robust Q2 FY25 results, with net profit increasing by 8.35% to ₹21.15 crore and net interest income rising by 27.94% to ₹227 crore. The company expressed optimism about future opportunities.

Insights on Fino Payments Bank Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 13.89% to 14.64% in Sep 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, ICICI Bank Ltd has given 66.1% return, outperforming this stock by 80.0%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 43.0% return, outperforming this stock by 13.8%

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, FINOPB stock has moved down by -15.9%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.12% to 4.21% in Sep 2024 quarter

Fino Payments Bank Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹1,010.30Cr (-)₹1,680.01Cr (↑66.29%)₹2,466.41Cr (↑46.81%)₹3,419.11Cr (↑38.63%)
Total Liabilities₹1,010.30Cr (-)₹1,680.01Cr (↑66.29%)₹2,466.41Cr (↑46.81%)₹3,419.11Cr (↑38.63%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹83.67Cr (-)-₹32.22Cr (↓61.49%)₹207.44Cr (↓743.82%)-₹20.10Cr (↓109.69%)- (↓100.00%)

Index Inclusions

S&P BSE Fin. Ser

₹11,180.30

-0.65 (-73.2%)

BSE Small-Cap

₹52,141.15

-0.67 (-349.79%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Fino Payments Bank Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
4.21%
-17.77
Mutual Funds
5.61%
-0.07
Retail Investors
14.64%
5.46
Others
0.53%
41.54

Fino Payments Bank Ltd Key Indicators

Details2021202220232024
Return On Equity %7.017.098.3910.55

Fino Payments Bank Ltd Earnings and Dividends

  • Fino Payments Bank Ltd Earnings Results

    Fino Payments Bank Ltd’s net profit jumped 8.35% since last year same period to ₹21.15Cr in the Q2 2024-2025. On a quarterly growth basis, Fino Payments Bank Ltd has generated -12.86% fall in its net profits since last 3-months.

    Read More about Earnings Results

Fino Payments Bank Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Fino Payments Bank Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Fino Payments Bank Ltd

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Fino Payments Bank Ltd (FINOPB) share price today is ₹329.35

Fino Payments Bank Ltd is listed on NSE

Fino Payments Bank Ltd is listed on BSE

  • Today’s highest price of Fino Payments Bank Ltd is ₹342.9.
  • Today’s lowest price of Fino Payments Bank Ltd is ₹327.15.

Today’s traded volume of Fino Payments Bank Ltd(FINOPB) is 93.25K.

Today’s market capitalisation of Fino Payments Bank Ltd(FINOPB) is ₹2845.1Cr.

Fino Payments Bank Ltd(FINOPBPrice
52 Week High
₹467
52 Week Low
₹249.4

Fino Payments Bank Ltd(FINOPB) share price is ₹329.35. It is down -29.48% from its 52 Week High price of ₹467

Fino Payments Bank Ltd(FINOPB) share price is ₹329.35. It is up 32.06% from its 52 Week Low price of ₹249.4

Fino Payments Bank Ltd(FINOPBReturns
1 Day Returns
-12.55%
1 Month Returns
-15.86%
3 Month Returns
-5.76%
1 Year Returns
29.17%