Fino Payments Bank Ltd share price logo

Fino Payments Bank Ltd (FINOPB)

₹294.950.82%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 2 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 2 analysts offering long term price targets for Fino Payments Bank Ltd. An average target of ₹402.5

Source: S&P Global Market Intelligence

Fino Payments Bank Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹287.65
    ₹296.1
  • 52 Week's Low

    52 Week's High

    ₹249.4
    ₹384
1 Month Return-6.37 %
3 Month Return-0.29 %
1 Year Return-0.78 %
Previous Close₹292.55
Open₹292.55
Volume79.21K
Upper Circuit-
Lower Circuit-
Market Cap₹2,434.43Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,434.43 Cr
P/B Ratio3.07
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Motilal Oswal Balance Advantage Fund Direct Plan Growth OptionMotilal Oswal Balance Advantage Fund Direct Plan Growth Option5.41%
Motilal Oswal Focused Direct GrowthMotilal Oswal Focused Direct Growth2.47%
Tata Banking & Financial Services Fund Direct GrowthTata Banking & Financial Services Fund Direct Growth0.72%
Motilal Oswal Multi Asset Fund Direct GrowthMotilal Oswal Multi Asset Fund Direct Growth5.99%

Company Information

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: ₹294.95 per share as on 22 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,434.43Cr 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 Savings Account for Minors - 29 Jun, 2024

    Fino Payments Bank has launched a savings account scheme called 'Bhavishya' for minors aged between 10-18 years. The account has no minimum balance requirement and offers a free debit card, which can be used at ATMs only to withdraw cash with Aadhaar authentication. The bank expects to open around one lakh Bhavishya Savings Accounts by the end of FY21.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.54% to 5.61% in Jun 2024 quarter

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 5.12% of holdings in Jun 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 44.0% return, outperforming this stock by 44.8%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, FINOPB stock has moved down by -0.8%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 13.97% to 13.89% in Jun 2024 quarter

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹2,466.41Cr
↑46.81%
Total Liabilities
₹2,466.41Cr
↑46.81%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹20.10Cr
↓109.69%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
5.12%
0.16
Mutual Funds
5.61%
1.37
Retail Investors
13.89%
-0.60
Others
0.38%
0.00

Key Indicators

Earnings and Dividends

  • Fino Payments Bank Ltd Earnings Results

    Fino Payments Bank Ltd’s net profit jumped 14.18% since last year same period to ₹25.21Cr in the Q4 2023-2024. On a quarterly growth basis, Fino Payments Bank Ltd has generated 10.57% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

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Fino Payments Bank Ltd (FINOPB) share price today is ₹294.95

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 ₹296.1.
  • Today’s lowest price of Fino Payments Bank Ltd is ₹287.65.

Today’s traded volume of Fino Payments Bank Ltd(FINOPB) is 79.21K.

Today’s market capitalisation of Fino Payments Bank Ltd(FINOPB) is ₹2434.43Cr.

Fino Payments Bank Ltd(FINOPBPrice
52 Week High
₹384
52 Week Low
₹249.4

Fino Payments Bank Ltd(FINOPB) share price is ₹294.95. It is down -23.19% from its 52 Week High price of ₹384

Fino Payments Bank Ltd(FINOPB) share price is ₹294.95. It is up 18.26% from its 52 Week Low price of ₹249.4

Fino Payments Bank Ltd(FINOPBReturns
1 Day Returns
2.4%
1 Month Returns
-6.37%
3 Month Returns
-0.29%
1 Year Returns
-0.78%