FINOPB
1 call
Concalls & earnings callsFino Payments Bank Limited
Every summarised call, newest first. Latest is Q1 FY27, held 14 Aug 2026.
Latest quarter
Q1 FY27 snapshot
Open full brief →One of the toughest quarters due to a paused profitable B2B business and a February event, with the focus now on retail growth, customer acquisition, and referral lending in preparation for the small finance bank transition.
| Metric | This quarter | Change | Five-quarter trend |
|---|---|---|---|
| Net Revenue Margin | 42.8% | +275 bps QoQ, +925 bps YoY | |
| Referral Loan Disbursements | ₹628 Cr | 214% YoY | |
| EBITDA | ₹43.1 Cr | — | |
| Average Total Deposits | ₹2,772 Cr | 12% YoY |
Latest guidance
- All required milestones for SFB transition are expected to be completed within the prescribed 18-month timeline, with operational readiness to be submitted to RBI by end of Q4 FY27.
- Technology stack for end-to-end customer loan journey is under development and expected to be ready by Feb '27.
- A large part of SFB technology investment is done; remaining modules for lending (LOS, LMS) are being added.
- FY27 is a year of consolidation, building on the foundation, investing in people and technology, and pivoting to the next phase of growth.
- The business plan through FY30, built around a predominantly fee-based model complemented by secured lending, remains unchanged.
- Target blended portfolio yield for the SFB lending book is around 14%.
- NIMs are expected to be in the range of 8% to 9%.
- The B2B UPI P2M segment relaunch is tentatively expected in Quarter 4 FY27, subject to ecosystem developments.
Said on the Q1 FY27 call.
Call history
- Q1 FY27Cautious tone
One of the toughest quarters due to a paused profitable B2B business and a February event, with the focus now on retail growth, customer acquisition, and referral lending in preparation for the small finance bank transition.
- Net Revenue Margin
- 42.8%+275 bps QoQ, +925 bps YoY
- Referral Loan Disbursements
- ₹628 Cr214% YoY