Fusion Micro Finance Limited
Incorporated in 1994, Fusion Micro Finance Limited started microfinance operations in 2010 and became a registered non-banking financial company-microfinance institution (NBFC-MFI)in 2014. Itis engaged in microfinance lending, ...
Key Metrics
EPS
2.63
Current ratio
8.68
Debt/Equity
3.67
Debt/EBITDA
153.70
Interest coverage ratio
-
Operating Cashflow to total debt
-0.17
Financials
Pros & Cons
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Here's what we like about this company and potential risks we have identified.
Pros
Established market position and track record with regionally diversified presence
Healthy capitalisation, supported by steady accretion
Improving profitability
Improving asset quality with sound risk management practices
Liquidity: Strong
Cons
Inherently modest credit profiles of borrowers
Potential risk from local socio-political issues in the microfinance sector
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About Fusion Micro Finance Limited bond.
This comprehensive profile covers key factual information about Fusion Micro Finance Limited. Incorporated in 1994, Fusion Micro Finance Limited started microfinance operations in 2010 and became a registered non-banking financial company-microfinance institution (NBFC-MFI)in 2014. Itis engaged in microfinance lending, providing financial services (and educating borrowers on financial literacy) to poor women in India,who are organised as joint liability groups (JLGs). Fusion also uses its distribution channels to provide other financial products and services to members, primarily for the purchase of productivity-enhancing products such as mobile phones, mixer grinders/bicycles, emergency loans, etc. Italso has a small portfolio in the micro, small and medium enterprise (MSME) segment, accounting for 4% of the total assets under management (AUM)as on September 30, 2023. As on September 30, 2023, Fusion had a presence in 420 districts across 22 states/Union Territories through 1,164 branches. It reported a profit after tax (PAT) of Rs. 246crore in H1 FY2024 on gross AUM of Rs. 10,026 crore as on September 30, 2023 vis-à-vis a PAT of Rs. 387 crore in FY2023 on gross AUM of Rs. 9,296 crore as on March 31, 2023. EPS in Mar-2024 was 2.63. Current ratio in Mar-2024 was 8.68. Debt/Equity in Mar-2024 was 3.67. Debt/EBITDA in Mar-2024 was 153.70. Interest coverage ratio in Mar-2024 was . Operating Cashflow to total debt in Mar-2024 was -0.17. Total revenue for Mar-2025(E) was ₹2,691.12. Net income for Mar-2025(E) stood at ₹570.03. Total assets as of Mar-2024 were ₹11,774.32. Operating cash flow for Mar-2024 was ₹-1,350.34. The company’s borrowing relationships include Canara Bank (₹N/A Cr), Small Industries Development Bank of India (₹N/A Cr), YES Bank Limited (₹N/A Cr), BNP Paribas Bank (₹N/A Cr), DBS Bank India Limited (₹N/A Cr), The Hongkong and Shanghai Banking Corporation Limited (₹N/A Cr), DCB Bank Limited (₹N/A Cr), Indian Overseas Bank (₹N/A Cr), Axis Bank Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), Micro Units Development and Refinance Agency Limited (₹N/A Cr), Union Bank of India (₹N/A Cr), Nabsamruddhi Finance Limited (₹N/A Cr), CSB Bank Limited (₹N/A Cr), IDFC FIRST Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), IDBI Bank Limited (₹N/A Cr), SBM Bank (India) Limited (₹N/A Cr), Kotak Mahindra Bank Limited (₹N/A Cr), National Bank For Agriculture and Rural Development (₹N/A Cr), The Federal Bank Limited (₹N/A Cr), The Karnataka Bank Limited (₹N/A Cr), The Hongkong and Shanghai Banking Corporation Limited (₹N/A Cr), Micro Units Development and Refinance Agency Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), UCO Bank (₹N/A Cr), Ujjivan Small Finance Bank Limited (₹N/A Cr), BNP Paribas (₹N/A Cr), Woori Bank (₹N/A Cr), RBL Bank Limited (₹N/A Cr), Standard Chartered Bank Limited (₹N/A Cr), State Bank of India (₹N/A Cr), (₹N/A Cr). Peers and comparison entities consist of Fusion Micro Finance Limited, Bajaj Finance Limited, Jio Financial Services Limited, Cholamandalam Investment and Finance Company Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Established market position and track record with regionally diversified presence; Healthy capitalisation, supported by steady accretion; Improving profitability; Improving asset quality with sound risk management practices; Liquidity: Strong. Key risks include: Inherently modest credit profiles of borrowers; Potential risk from local socio-political issues in the microfinance sector. Leadership team details include Vupputuri Gopala Kishan Prasad (Founder and Chairman), Vasumathi Devi Koganti (Managing Director), Chapalamadugu Sreenivasa Rao (CFO and Company Secretary), Rama Raju (CEO), Paruchuri Chandra Sekhar (Vice President), Raghuram K (National Sales Manager), Chakrapani Gollamudi (National Credit Head), H Srinivas (National Collections Head), K Srinivasa Satya Prasanna Krishna (National Legal Manager). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.