Share price at the NSE close on 23 Oct 2026. Previous close ₹125.74.
- Next results date: the board meets on 29 Oct 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹1,011 Cr1,316th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 13 Aug 2026
- 48.2
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹4.39 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 39.9
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 29 Apr 2026
- 1.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 13 Aug 2026
- 2.7%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹4.39 crore of one-off items, the largest of them in the quarter to Dec 2025.
- 3.3%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 3.45%
- Gross NPAGross NPA, non-performing loans. Gross non-performing loans as a percentage of all loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is below the net share. At the end of Jun 2026.
- 0.00%
- Net NPANet NPA, non-performing loans. Net non-performing loans as a percentage of loans, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, where the figure is outside what it can be, where the filing's own amounts show it written on another scale or rounded to the whole per cent, where it is 0 for a bank that lends, or where it is above the gross share. At the end of Jun 2026.
- 0.00%
- CET1Common equity tier 1 ratio. The bank's core capital, mostly shareholders' money, as a percentage of its loans and other assets weighted by risk, as the bank states it, in per cent on the one scale its filing writes all its ratios in; not given where that scale cannot be told, or where the figure is outside what it can be. At the end of Jun 2026.
- 73.46%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 1.10%
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 2,67,56446.6% delivered
Fino Payments Bank board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonRajat Kumar Jain
- Company Secretary and Compliance OfficerBasavraj Loni
7 directors5 independent2 non-executive
- Rajat Kumar Jain · ChairpersonIndependent · joined Nov 2020 · reappointed Nov 2025 · 70 months as independent · 5 listed boards · 5 as independent · 4 committee seats, 1 as chair
- Deena Asit MehtaIndependent · joined Mar 2020 · reappointed Mar 2025 · 78 months as independent · 3 listed boards · 2 as independent · 4 committee seats, 2 as chair
- Rakesh BhartiaIndependent · joined Jul 2022 · reappointed Jul 2022 · 50 months as independent · 3 listed boards · 3 as independent · 5 committee seats, 4 as chair
- Anita Sudhir PaiIndependent · joined Jan 2024 · reappointed Jan 2024 · 32 months as independent · 1 listed board · 1 as independent · 3 committee seats
- Neeta Ananda MukerjiIndependent · joined Mar 2024 · reappointed Mar 2024 · 30 months as independent · 2 listed boards · 2 as independent · 9 committee seats, 2 as chair
- Pankaj KumarNominee, non-executive · joined Apr 2023 · reappointed Apr 2023 · 1 listed board · 2 committee seats
- Prateek RoongtaNominee, non-executive · joined Oct 2022 · reappointed Oct 2022 · 3 listed boards · 8 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- Rishi Gupta, left 21 May 2026: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 17 Sep 20267 of 7 present5 independent · 23 days in between
- 24 Aug 20266 of 7 present4 independent · 10 days in between
- 13 Aug 20267 of 7 present5 independent · 43 days in between
- 30 Jun 20266 of 7 present5 independent · 39 days in between
3 earlier meetings
- 21 May 20267 of 8 present5 independent · 21 days in between
- 29 Apr 20267 of 8 present5 independent · 4 days in between
- 24 Apr 20267 of 8 present5 independent
Audit Committee
Chair Deena Asit Mehta
Anita Sudhir Pai, Neeta Ananda Mukerji, Pankaj Kumar
- 13 Aug 20264 of 4 present3 independent · 83 days in between
- 21 May 20264 of 4 present3 independent · 21 days in between
- 29 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Anita Sudhir Pai
Rajat Kumar Jain, Deena Asit Mehta, Prateek Roongta
- 24 Aug 20264 of 4 present3 independent · 11 days in between
- 12 Aug 20264 of 4 present3 independent · 42 days in between
- 30 Jun 20264 of 4 present3 independent · 27 days in between
- 2 Jun 20264 of 4 present3 independent · 11 days in between
1 earlier meeting
- 21 May 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Rakesh Bhartia
Rajat Kumar Jain, Pankaj Kumar
- 24 Jun 20263 of 3 present2 independent
Risk Management Committee
Chair Neeta Ananda Mukerji
Deena Asit Mehta, Rakesh Bhartia, Prateek Roongta
- 12 Aug 20263 of 4 present3 independent · 105 days in between
- 28 Apr 20263 of 5 present3 independent
Corporate Social Responsibility Committee
Rakesh Bhartia, Rajat Kumar Jain, Pankaj Kumar
- 21 May 20263 of 4 present2 independent
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- BILIMORIA MEHTA & COPeer-review certificate valid to Jun 2027
1 earlier auditor
- M/s. A P Sanzgiri & CoNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Fino Payments Bank AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Fino Payments Bank share news and announcements
Annual general meeting, 29 Sep 2026
66,863 shareholders on the register on 22 Sep 2026; present: 1 promoter and 42 others; votes counted by Tribhuwneshwar B. Kaushik / M/s. Kaushik Joshi & Co..The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements of the Bank for the financial year ended March 31, 2026 together with the reports of the Board of Directors and Auditors thereonOrdinary99.02% for0.98% against
Against: promoters 0.00% · institutions 0.00% · other public 70.40%
Turnout: all 26.38% · promoters 34.67% · institutions 15.41% · other public 1.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 26 Jul 2026, 1 resolution
63,183 shareholders on the register on 19 Jun 2026; votes counted by Tribhuwneshwar B. Kaushik / M/s. Kaushik Joshi & Co..The company's voting result (opens in a new tab)
Approval /ratification for the re-appointment of Mr. Rishi Gupta (DIN: 01433190) as Managing Director and Chief Executive Officer (MD and CEO) of the Bank with effect from May 02, 2026 to May 21, 2026 (both days inclusive)MoreLess
Ordinary98.88% for1.12% againstAgainst: promoters 0.00% · institutions 0.00% · other public 69.44%
Turnout: all 26.47% · promoters 34.67% · institutions 12.34% · other public 1.74%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 29 Mar 2026, 1 resolution
61,637 shareholders on the register on 20 Feb 2026; votes counted by Tribhuwneshwar B. Kaushik / M/s. Kaushik Joshi & Co..The company's voting result (opens in a new tab)
- Payment of remuneration to Mr. Rishi Gupta (DIN: 01433190), Managing Director and Chief Executive Officer (MD and CEO) of the Bank for the FY 2024-25Special99.65% for0.35% against
Against: promoters 0.00% · institutions 0.00% · other public 90.23%
Turnout: all 26.25% · promoters 34.67% · institutions 4.90% · other public 0.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 29 Aug 2025, 7 resolutions
63,094 shareholders on the register on 22 Aug 2025; present: 1 promoter and 62 others; votes counted by Mr.Tribhuwneshwar Kaushik / M/s. Kaushik Joshi & Co..The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements of the Bank for the financial year ended March 31, 2025 together with the reports of the Board of Directors and Auditors thereon.Ordinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 36.20%
Turnout: all 29.15% · promoters 34.67% · institutions 48.94% · other public 2.08%
- To appoint a director in place of Mr. Rishi Gupta (DIN: 01433190), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 37.00%
Turnout: all 29.14% · promoters 34.67% · institutions 48.94% · other public 2.04%
- To appoint and fix remuneration of Statutory Central Auditors of the BankOrdinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 36.24%
Turnout: all 29.15% · promoters 34.67% · institutions 48.94% · other public 2.08%
- To re-appoint Mr. Rajat Kumar Jain (DIN: 00046053) as an Independent Director of the BankSpecial99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 36.40%
Turnout: all 29.15% · promoters 34.67% · institutions 48.94% · other public 2.08%
- To approve payment of fixed remuneration to Non- Executive Independent Directors (excluding Part-time Chairperson) of the BankOrdinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 36.39%
Turnout: all 29.15% · promoters 34.67% · institutions 48.94% · other public 2.08%
- To approve payment of fixed remuneration to the Part-time Chairperson of the BankOrdinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 36.42%
Turnout: all 29.15% · promoters 34.67% · institutions 48.94% · other public 2.08%
- To appoint M/s. Alwyn Jay & Co., Company Secretaries, as Secretarial Auditors of the Bank and fix their remunerationOrdinary99.50% for0.50% against
Against: promoters 0.00% · institutions 0.00% · other public 36.24%
Turnout: all 29.15% · promoters 34.67% · institutions 48.94% · other public 2.08%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 18 May 2025, 1 resolution
61,507 shareholders on the register on 11 Apr 2025; votes counted by Tribhuwneshwar Kaushik / M/s. Kaushik Joshi & Co..The company's voting result (opens in a new tab)
- Appointment of Mrs. Deena Asit Mehta (DIN:00168992) as a Director and her re-appointment as an Independent Director for the second termSpecial94.77% for5.23% against
Against: promoters 0.00% · institutions 38.47% · other public 0.84%
Turnout: all 30.27% · promoters 34.67% · institutions 58.62% · other public 0.87%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 15 Feb 2025, 2 resolutions
64,663 shareholders on the register on 10 Jan 2025; votes counted by Tribhuwneshwar Kaushik / M/s Kaushik Joshi & Co..The company's voting result (opens in a new tab)
- Payment of remuneration to Mr. Rishi Gupta, Managing Director & CEO (“M.D. & CEO”) (DIN: 01433190) of the Bank for the FY 2023-24Special99.75% for0.25% against
Against: promoters 0.00% · institutions 0.00% · other public 87.46%
Turnout: all 33.91% · promoters 34.67% · institutions 79.38% · other public 0.64%
- Approval of ‘Fino Payments Bank Limited - Employees Stock Option Policy, 2024’Special85.14% for14.86% against
Against: promoters 0.00% · institutions 63.44% · other public 85.67%
Turnout: all 33.91% · promoters 34.67% · institutions 79.38% · other public 0.64%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 25 Sep 2024, 3 resolutions
Present: 1 promoter and 42 others.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements of the Bank for the financial year ended March 31, 2024 together with the reports of the Board of Directors and Auditors thereon.Ordinary99.75% for0.25% against
Against: promoters 0.00% · institutions 0.00% · other public 24.44%
Turnout: all 35.01% · promoters 34.67% · institutions 80.53% · other public 2.50%
- To appoint a Director in place of Mr. Rishi Gupta (DIN: 01433190), who retires by rotation and being eligible, offers himself for re-appointment.Ordinary99.75% for0.25% against
Against: promoters 0.00% · institutions 0.00% · other public 25.10%
Turnout: all 35.01% · promoters 34.67% · institutions 80.53% · other public 2.45%
- To approve an amendment in the '¿Fino Payments Bank Limited - Employees Stock Option Policy, 2020¿.'Special92.87% for7.13% against
Against: promoters 0.00% · institutions 27.84% · other public 24.63%
Turnout: all 35.01% · promoters 34.67% · institutions 80.53% · other public 2.50%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Postal ballot, 25 May 2024, 1 resolution
The company's voting result (opens in a new tab)
- Appointment of Mrs. Neeta Mukerji (DIN: 00056010) as an Independent Director of the BankSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 4.58%
Turnout: all 35.94% · promoters 34.67% · institutions 89.50% · other public 0.80%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
How mutual funds voted
Fund houses must disclose how they vote at every meeting of a company they hold.
Mutual fund votes, meeting of 29 Mar 2026, 1 fund house
Each resolution counts the houses whose vote was matched to it; the rest are listed last.
- Payment of remuneration to Mr. Rishi Gupta (DIN: 01433190), Managing Director and Chief Executive Officer (MD and CEO) of the Bank for the FY 2024-251 for0 against
1 proposal not matched to one resolution
Approval for re-appointment of Mr. Rishi Gupta (DIN: 01433190), as the Managing Director and and Chief Executive Officer of the Bank (MD and CEO) of the Bank, for a period of three (3) consecutive years, with effect from May 02, 2026 to May 01, 2029 (both days inclusive), including remuneration.MoreLess
1 for0 against
Mutual fund votes, meeting of 29 Aug 2025, 3 fund houses
- To receive, consider and adopt the audited financial statements of the Bank for the financial year ended March 31, 2025 together with the reports of the Board of Directors and Auditors thereon.3 for0 against
- To appoint a director in place of Mr. Rishi Gupta (DIN: 01433190), who retires by rotation and being eligible, offers himself for re-appointment.3 for0 against
- To appoint and fix remuneration of Statutory Central Auditors of the Bank
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern on merit, competence, eligibility of proposed Auditors. Governance Concern: The period of shareholder approval exceeds the period of RBI approval. Although the Bank cannot be held at fault however, concern is being raised due to inconsistency in legal provisions.
2 for1 against - To re-appoint Mr. Rajat Kumar Jain (DIN: 00046053) as an Independent Director of the Bank
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with Law. No concern on merit, attendance and profile. Governance Concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The Board Chairperson and NRC member should be held responsible for the continued non-compliance.
2 for1 against - To approve payment of fixed remuneration to Non- Executive Independent Directors (excluding Part-time Chairperson) of the Bank3 for0 against
- To approve payment of fixed remuneration to the Part-time Chairperson of the Bank
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with Law. No concern on merit, attendance and profile. Governance Concern: Board is non-compliant u/s 152 of the Companies Act, 2013. The Board Chairperson and NRC member should be held responsible for the continued non-compliance.
2 for1 against - To appoint M/s. Alwyn Jay & Co., Company Secretaries, as Secretarial Auditors of the Bank and fix their remuneration
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed Auditors. Transparency Concern: Previous auditors’ remuneration not available; it cannot be ascertained as to whether there is any material change in the proposed Audit fee.
2 for1 against
4 earlier meetings
Mutual fund votes, meeting of 18 May 2025, 2 fund houses
- Appointment of Mrs. Deena Asit Mehta (DIN:00168992) as a Director and her re-appointment as an Independent Director for the second term
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNo concern on the merits of the proposed appointee. Non-compliant with Companies Act: Prior approval of shareholders not sought for re-appointment as ID. Governance Concern: The NRC should be responsible for the continued non-compliance w.r.t. the retirement by rotation under Section 152 of the Companies Act and the Director is a NRC Member who is entrusted with the responsibility to oversee that board composition is compliant.
1 for1 against
Mutual fund votes, meeting of 15 Feb 2025, 2 fund houses
- Payment of remuneration to Mr. Rishi Gupta, Managing Director & CEO (“M.D. & CEO”) (DIN: 01433190) of the Bank for the FY 2023-242 for0 against
- Approval of ‘Fino Payments Bank Limited - Employees Stock Option Policy, 2024’
Against Motilal Oswal Mutual Fund
- Motilal Oswal Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations: Maximum options per employee not disclosed
1 for1 against
Mutual fund votes, meeting of 25 Sep 2024, 2 fund houses
- To receive, consider and adopt the audited financial statements of the Bank for the financial year ended March 31, 2024 together with the reports of the Board of Directors and Auditors thereon.2 for0 against
- To appoint a Director in place of Mr. Rishi Gupta (DIN: 01433190), who retires by rotation and being eligible, offers himself for re-appointment.2 for0 against
- To approve an amendment in the '¿Fino Payments Bank Limited - Employees Stock Option Policy, 2020¿.'2 for0 against
Mutual fund votes, meeting of 25 May 2024, 2 fund houses
- Appointment of Mrs. Neeta Mukerji (DIN: 00056010) as an Independent Director of the Bank2 for0 against
Each fund house counted once, from its own disclosure; the reasons are its own words.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- Yes
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
Reported for the quarter to Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere | Reason and comments |
|---|---|---|---|---|---|---|
| Public IssuesNov 2021 | 300.00 | Augmentation of Bank’s Tier-1 capital base to meet its future capital requirements | 300.00 | 283.36 | No | There is no deviation/variation in the utilization of funds |