Fusion Finance Ltd: Why Is It Outperforming Nifty 500?

Fusion Finance Ltd's latest quarterly results (Mar 2026) show

• PAT Growth YoY: +169.1% (turning around (inflection up))
• Revenue Growth YoY: -9.0%
• Net Interest Margin: 8.00%
• Gross NPA: 3.21%

Fusion Finance Ltd's profit is growing with an turning around (inflection up) trend.

• PAT Growth YoY: +169.1% (latest quarter)
• PAT Growth QoQ: +714.3% (sequential)
• 3-Year PAT CAGR: -50.0%
• Trend: Turning around (inflection up) — consistent growth pattern

Fusion Finance Ltd's revenue growth trend is stable.

• Revenue Growth YoY: -9.0%
• Revenue Growth QoQ: +1.9% (sequential)
• 3-Year Revenue CAGR: -0.8%

Fusion Finance Ltd's asset quality trend is improving.

• Gross NPA: 3.21%
• Net NPA: 0.51%
• GNPA Change YoY: -4.7% bps

Fusion Finance Ltd's long-term compounding rates

• 3-Year Profit CAGR: -50.0%
• 3-Year Revenue CAGR: -0.8%

Fusion Finance Ltd's earnings growth is turning around (inflection up) with positive momentum on a sequential basis.

• YoY Acceleration: 0.0% bps
• Sequential Acceleration: 0.0% bps
• Margin Warning: Operating margins are under pressure

Fusion Finance Ltd's trailing twelve month (TTM) performance

• TTM PAT: ₹14 Cr
• TTM PAT Growth: +100.0% YoY
• TTM Revenue: ₹2,000 Cr
• TTM Revenue Growth: -27.8% YoY

Fusion Finance Ltd appears significantly overvalued based on our fair value analysis.

• Valuation Signal: Significantly Overvalued
• Current PE: 225.0x
• Price-to-Book: 1.3x

Fusion Finance Ltd's current PE ratio is 225.0x.

• Current PE: 225.0x
• Market Cap: 3.1K Cr

Fusion Finance Ltd's current PE is 225.0x.

• Current PE: 225.0x
• Valuation Assessment: Significantly Overvalued

Fusion Finance Ltd's price-to-book ratio is 1.3x.

• Price-to-Book (P/B): 1.3x
• Book Value per Share: ₹152
• Current Price: ₹193

Fusion Finance Ltd is rated Average with a fundamental score of 48/100. This score is calculated from objective financial metrics

• PAT Growth YoY: +169.1% (20% weight)
• PAT Growth QoQ: +714.3% (15% weight)
• Earnings trend: inflection_up (5% weight)

Fusion Finance Ltd has a debt-to-equity ratio of N/A.

• Total Debt: ₹6,000 Cr

Fusion Finance Ltd's return ratios over recent years

• FY2024: ROE 20.0%
• FY2025: ROE -55.0%
• FY2026: ROE 1.0%

Fusion Finance Ltd's operating cash flow is positive (FY2026).

• Cash from Operations (CFO): ₹1,000 Cr
• Free Cash Flow (FCF): ₹1,000 Cr
• CFO/PAT Ratio: 8186% (strong cash conversion)

Fusion Finance Ltd currently does not pay a significant dividend (yield 0.00%).

• Dividend Yield: 0.00%
• Current Price: ₹193

Fusion Finance Ltd's shareholding pattern (Mar 2026)

• Promoters: 54.5%
• FII (Foreign): 4.8%
• DII (Domestic): 14.4%
• Public: 26.1%

Fusion Finance Ltd's promoter holding has decreased recently.

• Current Promoter Holding: 54.5% (Mar 2026)
• Previous Quarter: 54.9% (Dec 2025)
• Change: -0.37% (decreasing — worth monitoring)

Fusion Finance Ltd has been outperforming Nifty 500 for 1 consecutive week, indicating early-stage outperformance.

Fusion Finance Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.

Based on quantitative research signals, here is why Fusion Finance Ltd may be worth studying

• Earnings growing at +169.1% YoY
• Cash flow is positive — CFO ₹1,000 Cr

Fusion Finance Ltd investment thesis summary:

Fusion Finance Ltd's forward outlook based on current data signals

• Earnings Trend: turning around (inflection up)
• Revenue Trend: stable
• Valuation: Significantly Overvalued