Subscribe

Fusion Micro Finance Limited (FUSION.NS)

INR228.12 -1.97 (-0.86%)
IN NSE Financial Services Financial - Credit Services
Address Institutional Sector–32 122001
Gurugram, IN
CEO Sanjay Garyali
IPO 2022-11-15
ISIN INE139R01012

Explore sections of this company profile

Also trades on Bombay Stock Exchange · FUSION.BO (INR) National Stock Exchange of India · FUSION.NS (INR)
Description

Fusion Micro Finance Limited is an Indian non-banking financial institution (NBFI) dedicated to delivering microfinance solutions. It primarily serves women entrepreneurs located in rural and semi-urban parts of India. The company offers a diverse range of financial products, including both unsecured and secured business loans, machinery financing, and small-value, collateral-free credit options. As of March 31, 2022, its operations extended across a network of 934 branches. Founded in 1994 and headquartered in Gurugram, India, the firm was formerly known as Fusion Microfinance Private Limited until its rebranding in July 2021.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
INR228.12 -1.97 (-0.86%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
684.0K
Beta
1.14
Float Shares
85.70M
Free Float %
68.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-10.15% -9.02% +6.98% -3.37% +7.69% +17.18% +2.40% -60.68% -43.55% -43.55% -43.55%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
228.12
Ratings Trend (MoM) 56% Bullish
Rating 2026-05 Change
Strong Buy 2 0
Buy 3 0
Hold 3 0
Sell 0 0
Strong Sell 1 0
Quality scores
Altman Z-Score
0.85
Distress
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
C
Overall Score
2 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
2 / 5
Medium
ROA Score
2 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Financial - Credit Services: +13.2%
    -18.6% Q1'26: +0.2% (vs Q1'25)
  • EPS growth Financial - Credit Services: +24.0%
    +100.9% Q1'26: +148.7% (vs Q1'25)
  • FCF margin FCF growth · Financial - Credit Services: +70.9%
    +4.8% Q1'26: +0.0% (vs Q1'25)
  • EBIT margin Financial - Credit Services: +28.7%
    -3.6% Q1'26: +8.7% (vs Q1'25)
  • ROIC Financial - Credit Services: +5.0%
    -1.1% Q1'26: +2.5% (vs Q1'25)
  • Share dilution Financial - Credit Services: +0.0%
    +20.9% Q1'26: +42.5% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Financial - Credit Services: 4.07×
    -104.46× Q1'26: 35.16× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.26) × ERP
WACC = 31% × Ke + 69% × Kd (4.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 228.12
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2023
actual
Mar 2024
actual
Mar 2025
actual
Mar 2026
7 Rev. Ana.
6 EPS Ana.
Mar 2027
6 Rev. Ana.
5 EPS Ana.
Mar 2028
5 Rev. Ana.
7 EPS Ana.
Mar 2029
2 Rev. Ana.
4 EPS Ana.
Revenue
15.90B
est: 11.39B (+39.6%)
20.87B
est: 10.98B (+90.0%)
21.29B
est: 15.62B (+36.3%)
12.15B
11.96B – 12.25B
-22.3% YoY
14.01B
12.27B – 17.41B
+15.3% YoY
17.40B
16.44B – 18.96B
+24.2% YoY
58.43B
53.37B – 67.80B
+235.8% YoY
EBITDA
5.20B
est: 521.31M (+898.3%)
6.73B
est: 502.56M (+1,239.7%)
-11.20B
est: 714.94M (-1,666.7%)
555.85M
547.16M – 560.79M
-22.3% YoY
640.94M
561.64M – 796.89M
+15.3% YoY
796.16M
752.36M – 867.88M
+24.2% YoY
2.67B
2.44B – 3.10B
+235.8% YoY
EBIT
5.13B
est: 465.78M (+1,001.4%)
6.64B
est: 449.03M (+1,379.3%)
-11.32B
est: 638.79M (-1,871.8%)
496.64M
488.87M – 501.06M
-22.3% YoY
572.67M
501.82M – 712.01M
+15.3% YoY
711.35M
672.22M – 775.43M
+24.2% YoY
2.39B
2.18B – 2.77B
+235.8% YoY
Net Income
3.87B
est: 4.33B (-10.5%)
5.05B
est: 4.13B (+22.3%)
-12.25B
est: -12.81B (+4.4%)
-546.88M
-695.78M – -208.73M
+95.7% YoY
1.63B
1.38B – 1.88B
+398.5% YoY
2.64B
1.86B – 3.43B
+62.0% YoY
— – —
-100.0% YoY
SGA
128.60M
est: 86.48M (+48.7%)
146.90M
est: 83.37M (+76.2%)
252.40M
est: 118.60M (+112.8%)
92.20M
90.76M – 93.02M
-22.3% YoY
106.32M
93.17M – 132.19M
+15.3% YoY
132.07M
124.80M – 143.96M
+24.2% YoY
443.54M
405.14M – 514.72M
+235.8% YoY
EPS
41.93
est: 38.05 (+10.2%)
50.30
est: 34.74 (+44.8%)
-107.92
est: -117.09 (+7.8%)
-3.63
-6.13 – -1.84
+96.9% YoY
13.73
12.18 – 16.59
+478.6% YoY
21.49
16.37 – 30.24
+56.6% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-18 C 2/5 1/5 2/5 2/5 1/5 1/5 3/5
2026-05-15 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-14 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-13 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-12 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-11 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-08 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-07 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-06 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-05 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-05-04 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-30 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-29 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-28 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-27 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-24 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-23 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-17 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5
2026-04-16 C- 1/5 1/5 1/5 1/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
438.71M
OE per share TTM
-1.69
Owner's Yield
1.48%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
1.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
-45.6K
Shares Outstanding
124.83M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Anurag Srivastava Chief Credit Officer male
Deepak Madaan Vice President of Legal male
Krishan Gopal Chief Financial Officer male
Nishant Monga Chief Compliance Officer male
Pooja Mehta Chief Human Resource Officer female
Sanjay Garyali Chief Executive Officer & MD male
Sanjay Mahajan Chief Information Officer male
Sanjay Vishwanath Choudhary Chief Risk Officer male
Satish Mani Chief Vigilance Officer & Interim Head of Internal Audit male
Shashank Sharma Senior Vice President male
Sunil Mundra Chief Operating Officer for the Microfinance Business male
Susheel Kumar Menon Chief Information Officer & Interim CISO male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend history

Earnings history

Earnings reports

Stock splits