Fusion Micro Finance Ltd share price logo

Fusion Micro Finance Ltd (FUSION)

₹433.61.05%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 11 analysts

BUY

90.00%

Buy

10.00%

Hold

0.00%

Sell

Based on 11 analysts offering long term price targets for Fusion Micro Finance Ltd. An average target of ₹656.64

Source: S&P Global Market Intelligence

Fusion Micro Finance Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹431.35
    ₹437.85
  • 52 Week's Low

    52 Week's High

    ₹416.2
    ₹691
1 Month Return-5.87 %
3 Month Return-14.27 %
1 Year Return-31.77 %
Previous Close₹429.10
Open₹431.40
Volume4.37L
Upper Circuit-
Lower Circuit-
Market Cap₹4,318.06Cr

Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹4,318.06 Cr
P/B Ratio1.72
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Nippon India Small Cap Fund - Direct Plan - Growth PlanNippon India Small Cap Fund - Direct Plan - Growth Plan0.39%
HDFC Multi Cap Fund Direct GrowthHDFC Multi Cap Fund Direct Growth0.5%
Aditya Birla Sun Life Small Cap Fund Direct Plan GrowthAditya Birla Sun Life Small Cap Fund Direct Plan Growth1.05%
Mirae Asset Banking and Financial Services Fund Direct GrowthMirae Asset Banking and Financial Services Fund Direct Growth2.63%
HDFC Banking & Financial Services Fund Direct GrowthHDFC Banking & Financial Services Fund Direct Growth1.32%

Company Information

Fusion Micro Finance Ltd. was incorporated in New Delhi, India in 1994 as Ambience Fincap Private Limited, and in 2010 changed its name and received a certificate of registration from the RBI as a non-banking financial company (NBFC). The company is a microfinance provider, dedicating itself to empowering underserved women in India, providing them access to greater economic opportunities. Registered as a public limited company in 2021, Fusion Micro Finance had the fourth fastest growth in gross loan portfolio CAGR (53.89) of the 10 largest NBFCMFIs in India and was one of the youngest companies in terms of AUM (Rs. 73890.23 million, Rs. 67859.71 million, Rs. 46378.39 million, and Rs. 36065.24 million, respectively, as of June 2020, 2021, and 2022). With 2.90 million active borrowers, Fusion Micro Finance is served by 966 branches and 9,262 permanent employees across 377 districts of 19 states in India. The company offers income generation and cross-sell loans to its customers, as well as MSME loans, with loan proceeds used to fund businesses in sectors such as agriculture, manufacturing, retail, and services. In November 2022, Fusion Micro Finance came out with a public issue, raising Rs. 1103.99 crores for a Rs. 600 crores fresh issue and offer for sale of Rs. 503.99 crores.

Share Price: ₹433.60 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹4,318.06Cr as of today
Listing date: 15 Nov, 2022
OrganisationFusion Micro Finance Ltd
HeadquartersGurgaon
IndustryFinance
E-voting on sharesClick here to vote

Key events for Fusion Micro Finance Ltd

  • Fusion Micro Finance Changes Name to Fusion Finance Ltd - 12 Jul, 2024

    Fusion Micro Finance has changed its name to Fusion Finance Ltd, effective from 09 July 2024. The company is a key player in India's growing microfinance industry with assets under management of Rs 11,476 crores as of FY24.

  • Fusion Microfinance to Contest IT Orders - 15 Jun, 2024

    The Income Tax Authorities have directed Fusion Microfinance to pay ₹27.80 crore for non-deduction/lower deduction of tax on interest payments made to foreign NCD holders. The company will contest the orders and believes it has adequate legal grounds to support its position.

Insights on Fusion Micro Finance Ltd

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

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 57.70% to 57.71% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 15.76% to 16.42% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 12.26% to 12.64% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 52.5% return, outperforming this stock by 84.3%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 6.74% to 5.97% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, FUSION stock has moved down by -32.5%

Company Financials

Value in ₹ crore
2023Y/Y Change
Total Assets
₹9,391.16Cr
↑28.41%
Total Liabilities
₹7,069.24Cr
↑18.30%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹1,663.04Cr
↑1.36%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
57.71%
0.00
Foreign Institutions
5.97%
0.00
Mutual Funds
16.42%
0.00
Retail Investors
12.64%
0.00
Others
7.26%
0.00

Key Indicators

Earnings and Dividends

  • Fusion Micro Finance Ltd Earnings Results

    Fusion Micro Finance Ltd’s net profit jumped 15.87% since last year same period to ₹132.69Cr in the Q4 2023-2024. On a quarterly growth basis, Fusion Micro Finance Ltd has generated 4.93% jump in its net profits since last 3-months.

    Read More about Earnings Results

Technicals Summary

Bearish

Neutral

Bullish

Bearish

Fusion Micro Finance Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Fusion Micro Finance Ltd (FUSION) share price today is ₹433.6

Fusion Micro Finance Ltd is listed on NSE

Fusion Micro Finance Ltd is listed on BSE

  • Today’s highest price of Fusion Micro Finance Ltd is ₹437.85.
  • Today’s lowest price of Fusion Micro Finance Ltd is ₹431.35.

Today’s traded volume of Fusion Micro Finance Ltd(FUSION) is 4.37L.

Today’s market capitalisation of Fusion Micro Finance Ltd(FUSION) is ₹4318.06Cr.

Fusion Micro Finance Ltd(FUSIONPrice
52 Week High
₹691
52 Week Low
₹416.2

Fusion Micro Finance Ltd(FUSION) share price is ₹433.6. It is down -37.25% from its 52 Week High price of ₹691

Fusion Micro Finance Ltd(FUSION) share price is ₹433.6. It is up 4.18% from its 52 Week Low price of ₹416.2

Fusion Micro Finance Ltd(FUSIONReturns
1 Day Returns
4.5%
1 Month Returns
-5.87%
3 Month Returns
-14.27%
1 Year Returns
-31.77%