Fusion Finance share price today

Fusion Finance Ltd's share price was ₹154.50 at the close on 6 November 2026. It has been falling for 3 weeks. That is 15.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹129 and ₹234, and at that close it sat 24% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Fusion Finance Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 8 weeks running.

Over the last 4 years the share price moved −53% while the NIFTY 500 moved +41%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 11 September 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.

Three changes stood out: promoters cut their stake for 6 quarters in a row, bad loans at their lowest share in 15 quarters and profit up on a year earlier for 4 quarters in a row.

1. Promoters cut their stake for 6 quarters in a row

   From 57.7% to 51.8% of the company by the September 2026 quarter.

2. Bad loans at their lowest share in 15 quarters

   Gross NPA, the share of loans not being repaid, was 2.51% in the June 2026 quarter, from 5.43% a year earlier.

   Why: Bad loans fell because collections stayed strong and the company moved recovery of overdue loans fully in-house.

   From the earnings call on 10 Aug 2026.

3. Profit up on a year earlier for 4 quarters in a row

   In the June 2026 quarter profit was ₹62 crore, +167.4% on a year earlier.

For April to June 2026 (the quarter ended 30 June 2026), Fusion Finance reported total income of ₹458 crore, up 3.6% from ₹442 crore a year earlier, and a profit of ₹62.0 crore, against a loss of ₹92.0 crore a year earlier.

Fusion Finance results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Fusion Finance's management discussed these results on a call held on 10 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Income and profit in ₹ crore.

Fusion Finance closed at ₹154.50 on 6 November 2026, down 11.2% from ₹174.06 a year earlier (7 November 2025) and down 74.1% over three years. Its highest weekly close since November 2022 was ₹637.12 on 28 July 2023.

Fusion Finance share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

213 weekly closes from 18 November 2022 to 6 November 2026.

6 Nov 2026: Fusion Finance closed at ₹154.50, up 19.5% on the week and down 5.8% on the month. 10 Aug 2026: Fusion Finance held its results call for April to June 2026. Management guided: FY27 AUM ₹10,000 crore; required disbursements weighted 44-45% to H1 and 55% to H2; MSME planned at 15% next year and 20% over the following two years.

Earlier

• Our read, 19 Jul 2026: Fusion lost 1,200 Cr in FY25 as its MFI loan book collapsed under over-leveraged borrowers. Credit metrics have turned four consecutive quarters, GNPA fell from 12.58% to 3.21%, collections at 99.7%, disbursements 34% up on the previous quarter in Q4.
• Results for April to June 2026: Total income up 3.6% on a year earlier.

Our read of the business

Fusion lost 1,200 Cr in FY25 as its MFI loan book collapsed under over-leveraged borrowers. Credit metrics have turned four consecutive quarters, GNPA fell from 12.58% to 3.21%, collections at 99.7%, disbursements 34% up on the previous quarter in Q4.

January to March 2026: Return to profitability confirmed; reported profit 114 Cr inflated by 76.8 Cr DTA recognition; core profit 37.5 Cr and GNPA improved fourth consecutive quarter to 3.21%.

Our read after the January to March 2026 results, written 19 July 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

Fusion Finance has paid no dividend on the NSE since its first NSE close in our records (18 November 2022), the start of the period we checked.

No. Fusion Finance 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 7 November 2026.

On the call for April to June 2026, held on 10 August 2026, Fusion Finance's management guided: FY27 AUM ₹10,000 crore; required disbursements weighted 44-45% to H1 and 55% to H2; MSME planned at 15% next year and 20% over the following two years.

“As we have been saying, we do not want to take cash-flow calls; we are better off giving a slightly higher LTV.”Devesh Sachdev, MD & CEO, on the call for April to June 2026

What management guided

• FY27 credit cost around 2.5%; current trajectory closer to 2%, year-end ROA planned at 4%, with 25-40 basis points potential quarterly market-stress impact.
• Year-end NIM at least 15 basis points higher, potentially 25-30 basis points higher as repricing flows through the book.
• Through Q3, close to 100 MFI branches to close and 50-60 to open; FY27 OPEX planned up 4-5%, with 2-3% savings planned against plan and long-run OPEX/AUM at 6-7%.
• Individual loans: first disbursement by the first week of September; Q3 contribution expected, eventual share around 10% of MFI disbursements, pricing at the same level to 100 basis points lower.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 10 August 2026.

What is changing at Fusion Finance, from the latest results and calls: credit cost normalization, aum rebuild to 10,000 cr goal and borrowing cost reduction and nim expansion.

• Credit Cost Normalization. Quarterly credit cost fell from approximately 571 Cr (peak) to 56 Cr in January to March 2026, each 100 Cr reduction flows directly to profit for a lender of this size. ⚠ estimate
• AUM Rebuild to 10,000 Cr Goal. Disbursements recovered from 950 Cr (April to June 2025) to 2,140 Cr (January to March 2026), the AUM is at 7,400 Cr and management goals 10,000 Cr by March 2027. ⚠ estimate
• Borrowing Cost Reduction and NIM Expansion. Marginal cost of borrowing improved 60 basis points on the previous quarter to 10.8% in January to March 2026, with 11 new lenders onboarded and private bank share rising from 36% to 42%. ⚠ estimate
• DTA Monetization. The company has 390 Cr of deferred tax assets from prior losses, 77 Cr was recognized in January to March 2026, with the balance to flow through FY27 profit. ⚠ estimate

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Our read after the January to March 2026 results, written 19 July 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

GNPA ticks back above 5% for two consecutive quarters, or the MFI sector faces a new wave of regulatory caps on lending rates that compress NIM below the interest cost floor.

Each change stops working if

• Credit Cost Normalization: GNPA ticks back above 5% for two consecutive quarters, or the MFI sector faces a new wave of regulatory caps on lending rates that compress NIM below the interest cost floor.
• AUM Rebuild to 10,000 Cr Goal: Disbursements fall below 550 Cr/month for two consecutive months, signalling demand deterioration or underwriting tightness has overcorrected.
• Borrowing Cost Reduction and NIM Expansion: RBI implements a rate cap on MFI lending rates below current yields, or the lender re-engagement stalls if a second credit cycle emerges from West Asia macro headwinds.
• DTA Monetization: Auditors restrict the pace of DTA recognition, or operating losses re-emerge that push the DTA asset itself into question.

The main risks

• Management Credibility and Leadership Instability: Three leadership changes and six documented guidance reversals across four concalls make management communication unreliable, each number needs a second verification layer. ✓ fact

Our read after the January to March 2026 results, written 19 July 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.

When Fusion Finance reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: AUM rebuild and approval recovery - test whether existing-customer run-rates sustain the full-year plan without relying on individual loans.

Fusion Finance is on one of our India lists: 52 week high & low.

Fusion Finance Ltd earned ₹62.0 Cr of net profit in the Jun 2026 quarter. Full-year FY26 profit was ₹14.0 Cr. That is 13.5% of the quarter's revenue. The same quarter a year earlier lost ₹92.0 Cr. 6 of the last 12 reported quarters were loss-making.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

FY26-Q4. revenue ₹424 Cr and profit ₹114 Cr as reported.

FY27-Q1. revenue ₹458 Cr and profit ₹62 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Fusion Finance Ltd reported ₹458 Cr of income in the Jun 2026 quarter, +3.6% on the same quarter a year earlier. Over 8 years it has grown 26.1% a year on average. The last full year, FY26, came in at ₹1,699 Cr. The last four reported quarters add to ₹1,699 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

FY26 revenue was ₹1,699 Cr, −27.5% on the year before.

Recent pace: the last four quarters grew −14.9% on average, against 26.1% 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 −18.1%, against −17.1% a year over the last 8 quarters (stabilising).

FY26-Q4. revenue ₹424 Cr and profit ₹114 Cr as reported.

FY27-Q1. revenue ₹458 Cr and profit ₹62 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Fusion Finance Ltd's net margin was 13.5% in the Jun 2026 quarter, 34.3 percentage points higher than the same quarter a year ago. Across 9 years it has been between −52.3% and 22.2%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why this happened. Marginal cost of borrowing improved 60 bps QoQ to 10.8% in Q4 FY26, with 11 new lenders onboarded and private bank share rising from 36% to 42%.

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.

FY26-Q4. revenue ₹424 Cr and profit ₹114 Cr as reported.

FY27-Q1. revenue ₹458 Cr and profit ₹62 Cr as reported.

Why-sources: our stock research file (19 July 2026) and the company’s own results for those quarters.

Fusion Finance Ltd's gross NPA, the share of loans that have stopped being repaid, is 2.51% in Jun 2026, down from 5.43% a year ago. After the money already set aside for bad loans, 0.47% is left (net NPA). That is the 6th quarter in a row of improvement.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Why this happened. The NPA cycle peaked at GNPA 12.58% in Dec 2024. By Mar 2026, GNPA was 3.21% per C001, and quarterly credit cost was 56 Cr per C017, down from 178 Cr in Q1 FY26. Management guided credit cost to stabilize at 2.5% of average book per C018, versus the 3.25-3.75% through-cycle guidance given in Feb 2026, the revision is itself a signal of portfolio quality improvement. Forward flow rate from the current bucket was 0.03% in Q4 FY26 and sub-0.1% in April-May 2027, per C002.

Across the 12 quarters on file it has been between 2.51% and 12.58%. Falling bad loans mean the loan book is healing; rising ones mean new damage.

In Jun 2026, gross NPA was 2.51% and net NPA 0.47%, against 5.43% and 0.19% a year ago.

In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.

Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.

Fusion Finance Ltd's revenue was ₹1,699 Cr in FY26, −27.5% on the year before, so the loan book is not growing. The latest quarter was +3.6% on a year earlier. The net margin on that income is 13.5%, +34.3 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Why this happened. The loan book contracted from approximately 12,000 Cr (pre-stress peak) to trough as the company managed asset quality. Disbursements have re-accelerated: Q1 FY26 was 950 Cr per C019, Q3 was 1,594 Cr per C020, and Q4 was 2,140 Cr per C021. AUM at March 2026 was 7,400 Cr per C022. April 2027 disbursements were 625-650 Cr, only 4-5% below Q4 vs the usual 10-15% seasonal decline, per C023. The 10,000 Cr goal requires average monthly disbursements of approximately 720 Cr through FY27, roughly the January run-rate already achieved per C024.

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.

Fusion Finance Ltd's P/BV is 1.0×, near the low end of its own history: it has been lower only 10% of the time. Its usual P/BV (the middle reading) is 1.6×, over 3.7 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about 1% 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.

Where the price move came from: over 3 years the price moved −36.3% a year; about +0.0% a year came from book-value growth and about −36.3 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.

The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 4.9% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

Fusion Finance Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 8 quarters of 2 measures, with some gaps.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Why it matters: with too little history, we say so rather than guess a direction.

One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result.

The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone.

There are fewer than eight usable quarters, so this page does not guess a direction from so little history.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the share price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Fusion Finance Ltd's story is not scored yet against the checks our research set on 19 July 2026. Where it sits in its own cycle: Not stated in the research file.

NOT YET CHECKED

The test written in advance. Measured by: the thesis as written as stated by the next result.

The test written in advance. Management Credibility and Leadership Instability. Measured by: Management Credibility and Leadership Instability by the next result.

The test written in advance. Promoter Stake Dilution. Measured by: Promoter Stake Dilution Any further promoter stake reduction below 50% without a concurrent capital event would be a material negative signal. by the next result.

What the company does. Fusion lost 1,200 Cr in FY25 as its MFI loan book collapsed under over-leveraged borrowers. Credit metrics have turned four consecutive quarters, GNPA fell from 12.58% to 3.21%, collections at 99.7%, disbursements 34% up QoQ in Q4.

The key numbers to watch, and the level that would change the picture

Everything further down this page is evidence for or against these.

What the surface reading misses. The surface reading is: GNPA at 3.21%, improved from trough, but still elevated vs. pre-stress levels of 2-3% The research reads it further: The improvement spans four consecutive quarters (Dec 2024: 12.58 → Mar 2025: 7.92 → Jun 2025: 5.43 → Sep 2025: 4.61 → Dec 2025: 4.38 → Mar 2026: 3.21) with forward flow rates below 0.1% net, this is not a provisioning-mask cleanup but an underlying asset quality stabilization driven by tighter underwriting and improved collections infrastructure

What the surface reading misses. The surface reading is: 61 Cr equity capital increase, share count rose materially, diluting EPS recovery The research reads it further: The rights issue was 99% subscribed at 390 Cr per C037, meaning promoters participated. The equity capital increase from 101 to 162 Cr implies approximately 61 Cr face value of new shares, at Rs 10 face value that is approximately 6.1 Cr new shares. This dilutes the EPS per share but does NOT represent promoter exiting at market price.

• 1 · Operating leveragequiet
• 2 · Value-added mixquiet
• 3 · Management changequiet
• 4 · Paying down debtquiet
• 5 · Regulatory approvalquiet
• 6 · Order-book winsquiet
• 7 · Consolidationquiet
• 8 · Demerger or value unlockquiet
• 9 · Buybackquiet
• 10 · New geographiesquiet
• 11 · More business from existing customersquiet
• 12 · New product launchquiet
• 13 · Mandatory normsquiet
• 14 · A bigger market to servequiet
• 15 · Market-share gainsquiet
• 16 · Asset qualitybuilding

Lever 16 · Asset quality: building. Quarterly credit cost fell from approximately 571 Cr (peak) to 56 Cr in Q4 FY26, each 100 Cr reduction flows directly to PAT for a lender of this size. What proves it keeps working: Credit Cost Normalization.

Sources: our stock research file (19 July 2026) · quarterly results through Jun 2026 · the company’s own earnings calls. The story check is re-scored every results season; the record below never changes.

The whole page in one table. Each row links to its section.

What Fusion Finance Ltd's management promised, against what actually happened: 4 promises on the record. Read straight from the company’s own earnings calls. A promise that slipped stays on this page after it is met.

Credit Cost Expectation Lowered Without Full Reconciliation · 10 August 2026. The Feb 2026 call gave a 3.25%-3.75% stable-state credit-cost range, while the May 2026 call still described 3.25%-3.75% long-term MFI guidance and a 2.5% internal model. The Aug 2026 call now places the expectation closer to 2%, but does not clearly reconcile whether this is a temporary current-year outcome or a replacement for the prior steady-state framework.

Branch Network Plan Reduced · 10 August 2026. May 2026 described consolidating a pool of 200 branches and adding 70-100, implying a net reduction of about 100. Aug 2026 instead described about 100 closures and 50-60 openings, implying a net reduction of 40-50, without explaining whether the scope changed or why the previously stated plan was materially revised.

OPEX Outlook Reversed · 10 August 2026. May 2026 indicated an annual OPEX increase of roughly 5%-6%, whereas Aug 2026 planned at least a 2%-3% reduction against the AOP. Although the latest call attributed the improvement to branch rationalization and other measures, the May call had already said that an OPEX rationalization project and branch rationalization were underway, so management did not adequately explain the magnitude of the reversal.

60-plus Recovery Run-rate Below Prior Goal · 10 August 2026. The Feb 2026 call planned INR 50 crore of 60-plus recoveries per quarter, or approximately INR 200 crore over the following four quarters. The Aug 2026 call reported quarterly recoveries of upwards of INR 35 crore, a materially lower run-rate, without stating whether the prior goal had been withdrawn or explaining the shortfall.

Every quote above is taken word for word from the company’s own earnings calls.

Fusion Finance Ltd earned a return on equity of 1% in FY26. Its lowest yearly reading on file was −55% in FY25. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together.

Two numbers rate a bank: ROE, what it earns on shareholders’ money, and ROA, what it earns on all its assets. An ROE above about 13 to 15% is healthy; below that, net worth grows slowly.

Return on assets is left out here, because its two sources disagree for this quarter. 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.

The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 4.9% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data.

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.

Promoters cut their stake in Fusion Finance Ltd by 6.0 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 51.8% of the company. Domestic institutions moved −4.1 points over the same period, to 15.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings.

Who owns the company each quarter: promoters (the founders or controlling owners), foreign institutions, domestic institutions such as mutual funds, and the public. When people close to the business steadily raise their stake, that is worth noticing; a quiet list is also an answer.

Over the last two years: Promoters: −6.0 points over 8 quarters, to 51.8%; Domestic institutions: −4.1 points over 8 quarters, to 15.1%; Foreign institutions: +2.5 points over 8 quarters, to 5.3%.

Why the owners changed: foreign institutions moved +2.5 points and domestic institutions −4.1 points over 8 quarters, while promoters moved −6.0 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company.

For Fusion Finance 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.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

35.4 out of 100, rank 7 of 7 in Finance & Investments - Microfinance, with 78% of the evidence available.

Fusion Finance Ltd scores 35.4 out of 100 against the 7 companies it is compared with in Finance & Investments - Microfinance, ranking 7. 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: 17 + 14.6 + 3.2 + 0.6 = 35.4. 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.

Fusion Finance ranks 7 of 7 Finance & Investments - Microfinance companies on the 4-Factor Sector Score, with 35.4 out of 100.

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: Finance & Investments - Microfinance, all 7 compared on one page.

Fusion Finance is the 5th largest of 7 Finance & Investments - Microfinance companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: CreditAccess Grameen, Northern Arc Capital, Satin Creditcare Network and Muthoot Microfin. Just below it: Spandana Sphoorty Financial and Arman Financial Services.

Finance & Investments - Microfinance companies close in size

1. CreditAccess Grameen Ltd ₹17,649 crore
2. Northern Arc Capital Ltd ₹4,091 crore
3. Satin Creditcare Network Ltd ₹2,879 crore
4. Muthoot Microfin Ltd ₹2,300 crore
5. Fusion Finance Ltd ₹2,093 crore
6. Spandana Sphoorty Financial Ltd ₹1,993 crore
7. Arman Financial Services Ltd ₹1,495 crore

All 7 Finance & Investments - Microfinance companies, largest first

Companies close in size in other industries

1219. JNK India Ltd ₹2,106 crore · Capital Goods - Engineering Heavy
1220. EPack Prefab Technologies Ltd ₹2,097 crore · Pre-Engineering Buildings
1221. Fusion Finance Ltd ₹2,093 crore
1222. Pennar Industries Ltd ₹2,090 crore · Pre-Engineering Buildings
1223. India Glycols Ltd ₹2,086 crore · Alcoholic Beverages

Sector Alpha, written by code from the published numbers. Data as of 6 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.