# Fino Payments Bank share price today (Fino Payments Bank Ltd, NSE: FINOPB)

> Fino Payments Bank share price today: ₹115.63 at the NSE close on 3 November 2026, down 59.1% in a year. Fino Payments Bank (NSE: FINOPB) is worth ₹961 crore, trades at a P/BV of 1.3 and has closed between ₹115.63 and ₹318.25 over the past 52 weeks. > Fino Payments Bank Ltd's P/BV is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. FINOPB · Banks - Small Finance · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/fino-payments-bank-ltd

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## Key numbers

- Business trend: Getting worse, from the last 12 quarters
- Price: ₹115.63 (−59.1% in a year)
- P/BV: 1.3× (lower than 99% of the last 4.7 years)
- Revenue (Sep 2026): ₹74.0 Cr (+23.3% on a year ago)
- Profit (Sep 2026): −₹21.0 Cr (−240.0% on a year ago)
- Net margin: −28.4% (−53.4 points on a year ago)
- ROE: 7%, FY26
- ROA: −0.30%, latest

The main question: the P/BV is near the low end of its own history, higher than only 1% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. ## What is the Fino Payments Bank share price today? Fino Payments Bank Ltd's share price was ₹115.63 at the close on 3 November 2026. It has been falling for 44 weeks. That is 29.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹116 and ₹318, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running. Over the last 5 years the share price moved −79% while the NIFTY 500 moved +42%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Fino Payments Bank this quarter? Three changes stood out: revenue up on a year earlier for 12 quarters in a row (every quarter we can compare), profit down on a year earlier for 7 quarters in a row and foreign funds (FIIs) cut their stake for 3 quarters in a row. 1. Revenue up on a year earlier for 12 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹74 crore, +23.3% on a year earlier. 2. Profit down on a year earlier for 7 quarters in a row In the September 2026 quarter profit was ₹-21 crore, -240% on a year earlier. Why: Profit fell because the company is spending on people, processes and technology ahead of growth. Next results: check Q3 hiring and the branch plan, since the company is still spending to get ready to become a small finance bank. From the earnings call on 30 Oct 2026. 3. Foreign funds (FIIs) cut their stake for 3 quarters in a row From 2.7% to 0% of the company by the September 2026 quarter. ## What are Fino Payments Bank's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Fino Payments Bank reported total income of ₹74.0 crore, up 23.3% from ₹60.0 crore a year earlier, and a loss of ₹21.0 crore, down 240.0% from ₹15.0 crore. ### Fino Payments Bank results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹74.0 crore | ₹60.0 crore | +23.3% |
| Profit | loss of ₹21.0 crore | ₹15.0 crore | −240.0% |
| Earnings per share | ₹−2.51 | ₹1.84 | −236.4% |
| Net margin | −28.4% | 25.0% | −53.4 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Fino Payments Bank's management discussed these results on a call held on 30 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Income and profit in ₹ crore.)

## What is the Fino Payments Bank share price history? Fino Payments Bank closed at ₹115.63 on 3 November 2026, down 59.1% from ₹283.05 a year earlier (31 October 2025) and down 78.7% over five years. Its highest weekly close since November 2021 was ₹543.90 on 12 November 2021. ### Fino Payments Bank share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹121.54 | −4.9% |
| 1 month ago · 1 Oct 2026 | ₹128.22 | −9.8% |
| 6 months ago · 30 Apr 2026 | ₹126.22 | −8.4% |
| 1 year ago · 31 Oct 2025 | ₹283.05 | −59.1% |
| 3 years ago · 3 Nov 2023 | ₹290.25 | −60.2% |
| 5 years ago · 12 Nov 2021 | ₹543.90 | −78.7% |
| Earliest and highest weekly close in our records · 12 Nov 2021 | ₹543.90 | −78.7% |
| Lowest weekly close since November 2021, also the 52-week low · 3 Nov 2026 | ₹115.63 | 0.0% |
| 52-week high (weekly close) · 28 Nov 2025 | ₹318.25 | −63.7% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (264 weekly closes from 12 November 2021 to 3 November 2026.)

## What is the latest news on Fino Payments Bank? 3 Nov 2026: Fino Payments Bank closed at ₹115.63, down 4.9% on the week and down 9.8% on the month. 30 Oct 2026: Fino Payments Bank held its results call for July to September 2026. Management guided: UPI B2B P2M services to resume by January to March 2027 on relaunch readiness. ### Earlier

- Results for July to September 2026: Total income up 23.3% and profit down 240.0% on a year earlier. ## What dividend does Fino Payments Bank pay? Fino Payments Bank has paid no dividend on the NSE since its first NSE close in our records (12 November 2021), the start of the period we checked. No. Fino Payments Bank Ltd paid out 0% of its profit as dividends in each of its last 9 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Fino Payments Bank management say on the latest results call? On the call for July to September 2026, held on 30 October 2026, Fino Payments Bank's management guided: UPI B2B P2M services to resume by January to March 2027 on relaunch readiness. > “Our cost of funds for Q2 '27 was 1.4%, giving Fino a structural cost advantage. Further, we expect our cost of funds to be around 4% even after SFB conversion, retaining an advantage of roughly 250-300 basis points over traditional SFBs.”
> Ketan Merchant, on the call for July to September 2026

### What management guided

- SFB final readiness submission and go-live by April to June 2027 tracking internal schedule, RBI view pending. - First-year SFB disbursements around ₹2,000 crore across secured portfolios; book ₹8,000-10,000 crore over 3-4 years. - Cost of funds around 4% even after SFB conversion retaining 250-300 basis points edge over traditional SFBs. - Capital spending ₹120-150 crore over next 12-15 months largely for LOS, LMS, collateral and NPA systems. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/44791-30-Oct-2026.pdf). (From the call for July to September 2026, 30 October 2026.)

## What to watch in Fino Payments Bank's next results? When Fino Payments Bank reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: UPI B2B P2M restart in guided quarter and MDR rollout timing - check partner restart versus continued pause. - What to check (from the call)
- UPI B2B P2M restart in guided quarter and MDR rollout timing - check partner restart versus continued pause. - Branch blueprint finalisation before RBI application and Q3 hiring progress - check against internal readiness schedule. ## Which stock lists is Fino Payments Bank on? Fino Payments Bank is on one of our India lists: Bank stocks. [Bank stocks Market value (₹ crore): 967.9233073696824](https://www.sectoralpha.in/sectors/bank-stocks-india)

## Is Fino Payments Bank profitable? Fino Payments Bank Ltd posted a net loss of ₹21.0 Cr in the Sep 2026 quarter. Full-year FY26 profit was ₹52.0 Cr. That loss is 28.4% of the quarter's revenue. The same quarter a year earlier earned ₹15.0 Cr. 2 of the last 12 reported quarters were loss-making. Sep 2026 profit was −₹21.0 Cr, −240.0% on a year earlier. For the full year, FY26 profit was ₹52.0 Cr (−44.1% on the year before). Why profit moved: revenue changed +23.3% on a year earlier and the margin moved −53.4 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −134.1% and revenue +22.7%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Fino Payments Bank make, and is it growing? Fino Payments Bank Ltd reported ₹74.0 Cr of income in the Sep 2026 quarter, +23.3% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 8 years it has grown 40.9% a year on average. The last full year, FY26, came in at ₹248 Cr. The last four reported quarters add to ₹273 Cr. FY26 revenue was ₹248 Cr, +27.2% on the year before. Recent pace: the last four quarters grew +22.7% on average, against 40.9% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +22.4%, against +25.6% a year over the last 8 quarters (rolling over). ## How much does Fino Payments Bank keep from what it earns? Fino Payments Bank Ltd's net margin was −28.4% in the Sep 2026 quarter, 53.4 percentage points lower than the same quarter a year ago. Across 9 years it has been between −418.8% and 119.4%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Fino Payments Bank's loans have gone bad? Fino Payments Bank Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Fino Payments Bank's loan book growing? Fino Payments Bank Ltd's revenue was ₹248 Cr in FY26, +27.2% on the year before, so the loan book is growing. The latest quarter was +23.3% on a year earlier. The net margin on that income is −28.4%, −53.4 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Fino Payments Bank's P/BV ratio, and how does it compare with its own history? Fino Payments Bank Ltd's P/BV is 1.3×, about the lowest it has ever been. Its usual P/BV (the middle reading) is 3.7×, over 4.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 7% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve. Why the multiple is where it is: over the past year book value grew while the price moved −59.1%. Price and book value moved together, so the multiple stayed in its range. Where the price move came from: over 3 years the price moved −26.4% a year; about +9.1% a year came from book-value growth and about −35.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus book-value growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the book value trend underneath matters more than the multiple. ## Is the Fino Payments Bank business getting better or worse? Fino Payments Bank Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −120.0% in the latest quarter, against +37.8% at its best in 12 quarters, with ROE falling at -2.1%. This is based on 12 quarters of 4 measures. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. ## How much does Fino Payments Bank earn on its equity and assets? Fino Payments Bank Ltd earned a return on equity of 7% in FY26. Its lowest yearly reading on file was −32% in FY19. On its assets, every ₹100 earned about −₹0.30, before the effect of borrowing. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why: the ROE chart shows the move, but the deposit-cost and bad-loan details behind it are not in our data. ## Does Fino Payments Bank have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Fino Payments Bank shareholding pattern? Domestic institutions cut their stake in Fino Payments Bank Ltd by 6.1 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 0.0% of the company. Foreign institutions moved −4.2 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −6.1 points over 8 quarters, to 0.0%; Foreign institutions: −4.2 points over 8 quarters, to 0.0%; Promoters: +0.0 points over 8 quarters, to 75.0%. Why the owners changed: domestic institutions drove it (−6.1 points), together with foreign institutions (−4.2 points). They reduced their stake. ## How far is Fino Payments Bank from balance-sheet trouble? For Fino Payments Bank Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Fino Payments Bank rank in its industry? 32.8 out of 100, rank 8 of 9 in Banks - Small Finance, with 73% of the evidence available. Fino Payments Bank Ltd scores 32.8 out of 100 against the 9 companies it is compared with in Banks - Small Finance, ranking 8. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 10.7 + 7 + 7.6 + 7.5 = 32.8. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Fino Payments Bank compared with? Fino Payments Bank ranks 8 of 9 Banks - Small Finance companies on the 4-Factor Sector Score, with 32.8 out of 100. 1. [Capital Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/capital-small-finance-bank-ltd) CAPITALSFB · turning · Most evidence points up · 100% evidence 68.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.6/35 · Income 17% · Profit 19.3% · 100% evidence Capital efficiency 16.3/25 · ROA 1.3% · ROE 10.1% · GNPA 2.4% · 100% evidence Valuation 18.9/20 · P/BV 0.81× · P/BV÷ROE 0.08 · 100% evidence Relative strength 18.0/20 · Lead over its industry 8.7% · Lead over NIFTY 500 5% · 1 year -3.9% · 100% evidence · 1 of 12 weeks ahead Exact sum: 15.6 + 16.3 + 18.9 + 18 = 68.8 · What this means: Relative strength against the index is 5%, and revenue and profit growth are weak. 2. [Ujjivan Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/ujjivan-small-finance-bank-ltd) UJJIVANSFB · losing its lead · Most evidence points up · 100% evidence 65.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.4/35 · Income 20.8% · Profit 100% · 100% evidence Capital efficiency 21.8/25 · ROA 1.8% · ROE 10.8% · GNPA 2.1% · 100% evidence Valuation 9.7/20 · P/BV 1.39× · P/BV÷ROE 0.13 · 100% evidence Relative strength 6.2/20 · Lead over its industry -3% · Lead over NIFTY 500 -6.5% · 1 year 2.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 27.4 + 21.8 + 9.7 + 6.2 = 65.1 · What this means: Earnings are strong; relative strength in its sector is -3% and the one-year return is 2.4%. 3. [ESAF Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/esaf-small-finance-bank-ltd) ESAFSFB · leader · Evidence leans up · 77% evidence 61.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.3/35 · Income 19.3% · Profit 100% · 69% evidence Capital efficiency 7.7/25 · ROA 0.8% · ROE -8.9% · GNPA 2.8% · 100% evidence Valuation 7.6/20 · P/BV 1.08× · P/BV÷ROE n/a · 40% evidence Relative strength 20.0/20 · Lead over its industry 47.1% · Lead over NIFTY 500 40.6% · 1 year 51.1% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.3 + 7.7 + 7.6 + 20 = 61.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Suryoday Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/suryoday-small-finance-bank-ltd) SURYODAY · quiet · Evidence leans up · 100% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.4/35 · Income 25.2% · Profit 100% · 100% evidence Capital efficiency 10.9/25 · ROA 1.1% · ROE 7.6% · GNPA 3% · 100% evidence Valuation 8.0/20 · P/BV 0.65× · P/BV÷ROE 0.09 · 100% evidence Relative strength 11.1/20 · Lead over its industry -1.5% · Lead over NIFTY 500 -5% · 1 year -11.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 29.4 + 10.9 + 8 + 11.1 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [AU Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/au-small-finance-bank-ltd) AUBANK · quiet · Evidence leans up · 100% evidence 55.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.1/35 · Income 19.6% · Profit 45.1% · 100% evidence Capital efficiency 21.4/25 · ROA 1.5% · ROE 14.2% · GNPA 2% · 100% evidence Valuation 7.0/20 · P/BV 3.02× · P/BV÷ROE 0.21 · 100% evidence Relative strength 5.5/20 · Lead over its industry -5.6% · Lead over NIFTY 500 -8.7% · 1 year -1.6% · 100% evidence · 5 of 12 weeks ahead Exact sum: 21.1 + 21.4 + 7 + 5.5 = 55 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Equitas Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/equitas-small-finance-bank-ltd) EQUITASBNK · quiet · Evidence leans down · 85% evidence 49.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Income 15.8% · Profit 100% · 100% evidence Capital efficiency 12.0/25 · ROA 1% · ROE 1.7% · GNPA 2.3% · 100% evidence Valuation 3.2/20 · P/BV 0.94× · P/BV÷ROE 0.56 · 100% evidence Relative strength 7.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -16.9% · 1 year -6% · 25% evidence · 2 of 12 weeks ahead Exact sum: 26.1 + 12 + 3.2 + 7.9 = 49.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Jana Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/jana-small-finance-bank-ltd) JSFB · quiet · Evidence leans down · 100% evidence 38.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.7/35 · Income 20.9% · Profit 15.6% · 100% evidence Capital efficiency 11.7/25 · ROA 0.9% · ROE 7.6% · GNPA 2.3% · 100% evidence Valuation 8.0/20 · P/BV 0.81× · P/BV÷ROE 0.11 · 100% evidence Relative strength 2.2/20 · Lead over its industry -9.4% · Lead over NIFTY 500 -12.9% · 1 year -19.8% · 100% evidence · 9 of 12 weeks ahead Exact sum: 16.7 + 11.7 + 8 + 2.2 = 38.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. Fino Payments Bank Ltd this page FINOPB · quiet · Most evidence points down · 73% evidence 32.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.7/35 · Income 22.4% · Profit -80% · 86% evidence Capital efficiency 7.0/25 · ROA -0.3% · ROE 6.8% · GNPA n/a · 72% evidence Valuation 7.6/20 · P/BV 1.33× · P/BV÷ROE 0.2 · 100% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -30.1% · 1 year -58.7% · 25% evidence · 4 of 12 weeks ahead Exact sum: 10.7 + 7 + 7.6 + 7.5 = 32.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Utkarsh Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/utkarsh-small-finance-bank-ltd) UTKARSHBNK · quiet · Most evidence points down · 74% evidence 26.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Income -8.1% · Profit -80% · 60% evidence Capital efficiency 0.5/25 · ROA -4% · ROE -40% · GNPA 6.1% · 100% evidence Valuation 9.2/20 · P/BV 0.74× · P/BV÷ROE n/a · 40% evidence Relative strength 5.5/20 · Lead over its industry -11.5% · Lead over NIFTY 500 -14.4% · 1 year -43.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 10.8 + 0.5 + 9.2 + 5.5 = 26 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Banks - Small Finance](https://www.sectoralpha.in/sectors/banks-small-finance), all 9 compared on one page. ## Which companies are close to Fino Payments Bank in size? Fino Payments Bank is the 9th largest of 9 Banks - Small Finance companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Equitas Small Finance Bank, Jana Small Finance Bank, ESAF Small Finance Bank, Utkarsh Small Finance Bank, Suryoday Small Finance Bank and Capital Small Finance Bank. It is the smallest. ### Banks - Small Finance companies close in size

1. [Equitas Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/equitas-small-finance-bank-ltd) ₹6,131 crore
2. [Jana Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/jana-small-finance-bank-ltd) ₹3,953 crore
3. [ESAF Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/esaf-small-finance-bank-ltd) ₹2,192 crore
4. [Utkarsh Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/utkarsh-small-finance-bank-ltd) ₹2,039 crore
5. [Suryoday Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/suryoday-small-finance-bank-ltd) ₹1,432 crore
6. [Capital Small Finance Bank Ltd](https://www.sectoralpha.in/stocks/capital-small-finance-bank-ltd) ₹1,236 crore
7. Fino Payments Bank Ltd ₹972 crore

[All 9 Banks - Small Finance companies, largest first](https://www.sectoralpha.in/sectors/banks-small-finance#all-companies)

### Companies close in size in other industries

1. [Bharat Wire Ropes Ltd](https://www.sectoralpha.in/stocks/bharat-wire-ropes-ltd) ₹975 crore · Steel - Wires
2. [Munjal Auto Industries Ltd](https://www.sectoralpha.in/stocks/munjal-auto-industries-ltd) ₹974 crore · Auto Ancillaries - Diversified
3. Fino Payments Bank Ltd ₹972 crore
4. [Allcargo Gati Ltd(Merged)](https://www.sectoralpha.in/stocks/allcargo-gati-ltd-merged) ₹971 crore · Logistics
5. [Digitide Solutions Ltd](https://www.sectoralpha.in/stocks/digitide-solutions-ltd) ₹966 crore · IT Enabled Services/Business Process Outsourcing

## What else do people ask about Fino Payments Bank? ### What is Fino Payments Bank's share price today? Fino Payments Bank Ltd's share price is ₹115.63, −59.1% over the past year. The whole company is worth ₹961 Cr on the market. It is at its lowest price of the past 52 weeks (range ₹116 to ₹318), 29.3% below its 200-day average. The price has been falling for 44 weeks (as of 3 November 2026). ### What were Fino Payments Bank's latest quarterly results? Fino Payments Bank Ltd reported total income of ₹74.0 Cr and a net loss of ₹21.0 Cr for the Sep 2026 quarter. Income rose 23.3% and profit fell 240.0% compared with a year earlier. Earnings per share were −₹2.51 (as of 3 November 2026). ### What is Fino Payments Bank's market cap? Fino Payments Bank Ltd's market capitalisation is ₹961 Cr at a share price of ₹115.63. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Fino Payments Bank performing? Fino Payments Bank Ltd's share price has been falling for 44 weeks. In its latest quarter, income rose 23.3% and profit fell 240.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 4 weeks running (as of 3 November 2026). ### Will Fino Payments Bank's share price go up? This page does not forecast Fino Payments Bank Ltd's share price. What it shows instead: the share price is ₹115.63, and it has been falling for 44 weeks. Its P/BV of 1.3× is higher than 1% of its own last 5 years (as of 3 November 2026). ### Where is Fino Payments Bank in its business cycle? Fino Payments Bank Ltd's FY26 net margin was 21.0%, against a 9-year range of −418.8% to 119.4%: the middle of its own range, neither a peak nor a low. The latest quarter was −28.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Fino Payments Bank story? The main question: the P/BV is near the low end of its own history, higher than only 1% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Fino Payments Bank a stock worth studying right now? What the numbers show: Fino Payments Bank Ltd's P/BV is near the low end of its own history, higher than only 1% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Fino Payments Bank share price forecast for 2026? What management itself guided: UPI B2B P2M services to resume by January to March 2027 on relaunch readiness. ## Lists

- Bank stocks: https://www.sectoralpha.in/sectors/bank-stocks-india

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