Fino Payments Bank Ltd share price logo

Fino Payments Bank Ltd (FINOPB)

₹287.651.66%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Fino Payments Bank Ltd share Performance

  • ₹285.55
    ₹296
    ₹287.65
    downward going graph

    0.73%

    Low

    Day's Volatility:3.63%

    High

    2.90%

    downward going graph
  • ₹201.35
    ₹384
    ₹287.65
    downward going graph

    30.00%

    Low

    52 Weeks Volatility:63.50%

    High

    33.50%

    downward going graph
1 Month Return-4.45 %
3 Month Return-22.2 %
1 Year Return31.62 %
Previous Close₹292.50
Open₹295.35
Volume1.12L
Upper Circuit-
Lower Circuit-
Market Cap₹2,434.02Cr

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 ₹422.5

Source: S&P Global Market Intelligence

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: ₹287.65 per share as on 03 May, 2024 04:01 PM
Market Capitalisation: ₹2,434.02Cr 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 Reports 14% Increase in Net Profit - 03 May, 2024

    Fino Payments Bank reported a net profit of ₹25 crore for the January-March period, with average deposits rising by 49% to ₹1,352 crore in FY24. The bank expects growth to continue into April and has projected over 20% guidance for FY24-25.

  • Fino Payments Bank Reports Strong FY 2024 Earnings - 02 May, 2024

    Fino Payments Bank reported an EPS of ₹10.36, up from ₹7.82 in FY 2023, with an 18% increase in revenue and a 33% increase in net income. The bank forecasts a 16% p.a. growth in revenue for the next two years, compared to 3.2% forecasted for the Banks industry in India.

  • Fino Payments Bank Reports Strong Q4 Results and Applies for SFB License - 30 Apr, 2024

    Fino Payments Bank reported a net profit of Rs 25.2 crore in Q4 FY24, up 14% YoY, with revenue surging 24% to Rs 401.3 crore. The bank has also applied for a small finance bank (SFB) license.

Fundamentals of Fino Payments Bank Ltd

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

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 5.09% to 5.12% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 5.32% to 5.54% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, State Bank of India has given 43.4% return, outperforming this stock by 11.7%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

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

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 14.34% to 13.97% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, FINOPB stock has moved down by -22.2%

Mutual Fund Holdings

Funds Holdings
Motilal Oswal Balance Advantage Fund Direct Plan Growth OptionMotilal Oswal Balance Advantage Fund Direct Plan Growth Option5.43%
Motilal Oswal Focused Direct GrowthMotilal Oswal Focused Direct Growth2.35%
Tata Banking & Financial Services Fund Direct GrowthTata Banking & Financial Services Fund Direct Growth0.79%
Motilal Oswal Multi Asset Fund Direct GrowthMotilal Oswal Multi Asset Fund Direct Growth5.87%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
75%
0.00
Foreign Institutions
5.12%
0.00
Mutual Funds
5.54%
0.00
Retail Investors
13.97%
0.00
Others
0.38%
0.00

Technicals of Fino Payments Bank Ltd share

News & Events of Fino Payments Bank Ltd

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Fino Payments Bank Ltd (FINOPB) share price today is ₹287.65

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.
  • Today’s lowest price of Fino Payments Bank Ltd is ₹285.55.

Today’s traded volume of Fino Payments Bank Ltd(FINOPB) is 1.12L.

Today’s market capitalisation of Fino Payments Bank Ltd(FINOPB) is ₹2434.02Cr.

Fino Payments Bank Ltd(FINOPBPrice
52 Week High
₹384
52 Week Low
₹201.35

Fino Payments Bank Ltd(FINOPB) share price is ₹287.65. It is down -25.09% from its 52 Week High price of ₹384

Fino Payments Bank Ltd(FINOPB) share price is ₹287.65. It is up 42.86% from its 52 Week Low price of ₹201.35

Fino Payments Bank Ltd(FINOPBReturns
1 Day Returns
-4.85%
1 Month Returns
-4.45%
3 Month Returns
-22.2%
1 Year Returns
31.62%