Fino Payments Bank Limited

BSE: 543386 NSE: FINOPB
Fino Payments Bank Limited - financial services in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L65100MH2007PLC171959 Incorporated 23 June 2007 ROC Mumbai HQ Navi Mumbai, Maharashtra, India
Active Listed - NSE: FINOPB · BSE: 543386 Public Limited Company financial services
Data last updated
Market Cap
₹1,054 Cr
FINOPB · NSE
Share Price
₹126.71
+1.51% today
Revenue
₹1,474 Cr
FY 2025-26 · -15.6% YoY
Net Profit
₹52.46 Cr
FY 2025-26 · -43.3% YoY
ROE
5.8%
as on 09 Nov 2026
Authorised capital
₹90 Cr
Registered with MCA
Paid-up capital
₹83.22 Cr
Issued & subscribed
Open charges
₹70.73 Cr
Satisfied ₹14.29 Cr

About Fino Payments Bank Limited

Data last updated:

Fino Payments Bank Limited is a public limited company based in Navi Mumbai, Maharashtra, India, a subsidiary of Fino Paytech Limited. It operates in the banking institutions segment of the financial services sector. It was incorporated on 23 June 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65100MH2007PLC171959. Its GSTIN is 27AABCF1125D1ZA (Maharashtra). The company holds 37 GST registrations, of which 33 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 543386 and NSE: FINOPB.

The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹83.22 Cr. It was formerly known as Fino Fintech Foundation and Fino Payments Bank Private Limited. It is led by directors including Rajat Kumar Jain and Rakesh Bhartia.

Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Navi Mumbai, Maharashtra.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,473.64 Cr, a decline of 15.6% compared to the previous year. For the same year it recorded a net profit of ₹52.46 Cr (net margin 3.6%). The net worth stands at ₹805.21 Cr (up 7.8% YoY). Total assets are valued at ₹5,311.89 Cr (up 26.3% YoY).

The company has about 3,403 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: FINO. As per MCA filings, the company has open charges of ₹70.73 Cr and satisfied charges of ₹14.29 Cr on record. Court records list 64 cases involving the company, including 19 filed by the company and 45 filed against it; 33 cases are pending. The company has 30 deals on record (26 market trades, 2 secondary share transfers, 1 ipo); the latest was in July 2026.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website finobank.com.

Company details

CIN L65100MH2007PLC171959
Registration Number 171959
Incorporation Date 23 June 2007
ROC Mumbai
Listing Status Listed - Listed on NSE (FINOPB); Listed on BSE (543386)
Company Status Active
Date of Last AGM 29 August 2025
Date of Balance Sheet 31 March 2026
Parent Company Fino Paytech Limited
Compliance Status Active Compliant

Name history

Fino Payments Bank has undergone 6 name changes throughout its history. The current legal name is Fino Payments Bank Limited.

Company NameStatus
Fino Payments Bank LimitedCurrent
Fino Fintech FoundationPrevious
Fino Payments Bank Private LimitedPrevious
Fino Fintech ImitedPrevious
Fino Fintech LtdPrevious
Fino Fintech Private LimitedPrevious
Fino Fintech LimitedPrevious

CIN history

Fino Payments Bank has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65100MH2007PLC171959, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L65100MH2007PLC171959Current
U74900MH2007PTC171959Previous
U74900MH2007NPL171959Previous
U65100MH2007PLC171959Previous
U74900MH2007PLC171959Previous
Key People
Rajat Kumar Jain Director Rakesh Bhartia Director Prateek Roongta Nominee Director

Contact details

Fino Payments Bank Limited's registered office is in Navi Mumbai, Maharashtra. Its website is finobank.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    finobank.com
  • Social Media
  • Apps
  • Registered Address
    Mindspace Juinagar 8th Floor Plot No. Gen 2/1/F Tower 1 Ttc Industrial Area MIDC Shirwan, E Juinagar, Navi Mumbai, Maharashtra, India – 400706
  • Industry
    Financial Services, Banking Institutions

To see the full contact details of Fino Payments Bank Limited, buy the company report.

Comprehensive company report
Fino Payments Bank Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Fino Payments Bank operates one associated brand: FINO. Each brand links to its own profile.

BrandDescriptionWebsite
FINO
Commercial banking services with payment products and accounts are provided.finobank.com

Business activity

The main business activity of Fino Payments Bank is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
KFinancial and insurance activities66Activities auxiliary to financial service and insurance activities

To see the full business activity and turnover split of Fino Payments Bank Limited, buy the company report.

Financials of Fino Payments Bank Limited

FY 2025-26 filings available

Fino Payments Bank Limited reported revenue of ₹1,473.64 Cr (down 15.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1,474 Cr
-15.6% YoY
EBITDA
-
Profit After Tax
₹52.46 Cr
-43.3% YoY
Net Worth
₹805 Cr
+7.8% YoY
Total Assets
₹5,312 Cr
+26.3% YoY
Total Debt
₹3,915 Cr
+40.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,4741,7471,3991,183994781682
Revenue growth-15.6%+24.8%+18.4%+19.0%+27.1%+14.7%-
Profit before tax67.4110886.3165.0842.7420.48(32.04)
Net profit52.4692.5386.2365.0842.7420.48(32.04)
Balance sheet
Total assets5,3124,2063,4192,4661,6801,010624
Net worth805747643553480151130
Total debt3,9152,7792,1251,351752424228
Cash & bank1,3511,1041,066834766271302
Cash flow
Cash from operations(307)76.1956.78(20.10)207(32.22)(83.67)
Cash from investing(143)(164)(104)(96.53)(64.31)(68.95)(30.54)
Cash from financing69612727918435270.0127.89
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue298272311365372425468436
Revenue growth (YoY)-19.9%-36.1%-33.5%-16.2%-13.5%+2.9%--
Other income259235276331340392441412
Depreciation0.000.000.000.000.000.000.000.00
Profit before tax(20.90)(13.72)4.1017.4521.2224.6329.7028.45
Tax0.000.00(3.00)5.205.876.875.705.34
Net profit(20.90)(13.72)7.1012.2515.3517.7624.0023.11

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue298272311365372425468436
Revenue growth (YoY)-19.9%-36.1%-33.5%-16.2%-13.5%+2.9%--
Other income259235276331340392441412
Depreciation0.000.000.000.000.000.000.000.00
Profit before tax(20.90)(13.72)4.1017.4521.2224.6329.7028.45
Tax0.000.00(3.00)5.205.876.875.705.34
Net profit(20.90)(13.72)7.1012.2515.3517.7624.0023.11
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,4741,7471,3991,183994781682
Revenue growth-15.6%+24.8%+18.4%+19.0%+27.1%+14.7%-
Other income1,3401,6521,3281,135973771673
Depreciation76.1562.1553.4541.8535.4553.5823.57
Profit before tax67.4110886.3165.0842.7420.48(32.04)
Tax14.9515.820.080.000.000.000.00
Net profit52.4692.5386.2365.0842.7420.48(32.04)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital83.2283.2283.2183.2183.2144.5844.58
Reserves & surplus72266456046939710685.49
Shareholders' funds (net worth)805747643553480151130
Secured loans1,535839713434250181111
Unsecured loans2,3791,9391,413917503243118
Total debt3,9152,7792,1251,351752424228
Total liabilities5,3124,2063,4192,4661,6801,010624
Assets
Investments3,2542,3881,7471,146631504128
Cash & bank balances1,3511,1041,066834766271302
Loans & advances343416411341189172144
Total assets5,3124,2063,4192,4661,6801,010624
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1,1041,066834766271302388
Net cash from operating activities(307)76.1956.78(20.10)207(32.22)(83.67)
Net cash from investing activities(143)(164)(104)(96.53)(64.31)(68.95)(30.54)
Net cash from financing activities69612727918435270.0127.89
Net change in cash24638.6423267.78495(31.16)(86.33)
Closing cash1,3511,1041,066834766271302
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-15.6%+24.8%+18.4%+19.0%+27.1%+14.7%-
Net income growth-43.3%+7.3%+32.5%+52.3%+108.7%+163.9%-
Profitability & leverage
Return on net worth+5.8%+10.8%+10.6%+8.4%+7.1%+7.0%0.0%
Efficiency & per share
EPS (₹)6.3011.1210.367.825.144.59(7.19)
Dividend per share (₹)0.000.000.000.000.000.000.00

To see the full year-wise statements and ratios of Fino Payments Bank Limited, buy the company report.

Board of directors of Fino Payments Bank Limited

Fino Payments Bank has 7 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajat Kumar Jain
Also directs: Gainindia Advisors LLP, Startosphere Hub LLP, Gainindia Consultancy Services LLP and 5 more
Director02 Nov 20206 Years 0 MonthsCurrent
Rakesh Bhartia
Also directs: Polyplex Corporation Limited, Aravali Securities and Finance Limited, Bioneeds India Private Limited and 5 more
Director27 Jul 20224 Years 3 MonthsCurrent
Prateek Roongta
Also directs: International Gemological Institute Limited, Aadhar Housing Finance Limited, Ask Investment Managers Limited and 5 more
Nominee Director31 Oct 20224 Years 0 MonthsCurrent
Deena Asit Mehta
Also directs: Himalaya Wealth Managers LLP, Asit C Mehta Financial Services Limited, Anand Rathi Wealth Limited and 1 more
Director19 Mar 20206 Years 7 MonthsCurrent
Pankaj KumarNominee Director11 Apr 20233 Years 7 MonthsCurrent
Neeta Mukerji
Also directs: JSW Infrastructure Limited, South West Port Limited, JSW Jaigarh Port Limited and 4 more
Director05 Mar 20242 Years 8 MonthsCurrent
Showing 6 of 7 current directors. View all directors

Auditor

Fino Payments Bank Limited is audited by A P Sanzgiri and Company for the financial year 2025.

Auditor firmFinancial yearFirm registration number
A P Sanzgiri and CompanyFY 2025116293W

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 0.30%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 24.70%.

Promoters: 75.00%FII (Foreign Institutional): 0.30%Retail & Others: 24.70%
Sep 2026
QUARTER
75.00% Promoters
0.30% FII (Foreign Institutional)
24.70% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
₹70.73 Cr
Satisfied charges
₹14.29 Cr
Breakdown by lending institutions
State Bank of India₹25.00 Cr
Indian Bank₹22.50 Cr
Others₹13.50 Cr
Idbi Bank Limited₹9.73 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Jun 2025101121735Idbi Bank Limited₹9.73 CrOpen
11 Dec 2024101025257Others₹13.5 CrOpen
05 Mar 2024100891315Indian Bank₹22.5 CrOpen
05 Dec 2019100316810State Bank of India₹25 CrOpen
31 Oct 2019100303775Others₹14.25 CrSatisfied

To see the full charge records of Fino Payments Bank Limited, buy the company report.

Total charge records: 6 View all charges

Deals & funding

Fino Payments Bank Limited has 30 deals on record (26 market trades, 2 secondary share transfers, 1 ipo); the latest was in July 2026.

Total deals
30
Market trades
26
Secondary share transfers
2
IPO
1
Acquisition
1

Deals on record (5 of 30)

WhenDealAmountParties
Jul 2026Market trade₹19.05 CrBuyer: Hrti Private Limited , Junomoneta Finsol Private Limited
Seller: Hrti Private Limited , Junomoneta Finsol Private Limited
Jul 2026Market trade₹16.62 CrBuyer: Junomoneta Finsol Private Limited , Hrti Private Limited
Seller: Junomoneta Finsol Private Limited , Hrti Private Limited
Jul 2026Market trade₹348.68 CrBuyer: Microcurves Trading Private Limited , Elixir Wealth Management Private Limited , NK Securities Research Private Limited
Seller: Microcurves Trading Private Limited , Elixir Wealth Management Private Limited , NK Securities Research Private Limited
Jul 2026Market trade₹63.08 CrBuyer: Junomoneta Finsol Private Limited , Qe Securities LLP , Hrti Private Limited
Seller: Junomoneta Finsol Private Limited , Qe Securities LLP , Hrti Private Limited
Jul 2026Market trade₹14.87 CrBuyer: Irage Broking Services LLP
Seller: Irage Broking Services LLP

To see the full deal history of Fino Payments Bank Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Fino Payments Bank Limited was last rated by Icra on 01 Oct 2021.

Rating agencyRated onRating
Icra01 Oct 2021

To see the full credit ratings and regulatory alerts of Fino Payments Bank Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Fino Payments Bank Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Fino Payments Bank Limited has a workforce of 3,403 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.

Employee count
3,403
Active EPFO establishments
2
Employee growth
5.75%

GST

Fino Payments Bank has 37 GST registrations: 33 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
37
Active
33
Cancelled / inactive
4
GSTINStateStatusRegistered on
27AABCF1125D1ZAMaharashtraActive01 Jul 2017
27AABCF1125D3Z8MaharashtraActive04 Sep 2017
02AABCF1125D1ZMHimachal PradeshActive01 Jul 2017
05AABCF1125D1ZGUttarakhandActive01 Jul 2017

To see the full GST registrations and return filing status of Fino Payments Bank Limited, buy the company report.

Recent activity

Fino Payments Bank Limited has 46 board changes on record since 2007: 27 appointments and 19 cessations. The latest: Neeta Mukerji was appointed as Director on 05 Mar 2024.

Filing
Fino Payments Bank Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai Ii.
Charges
A charge registered on 31 Oct 2019 via Charge ID 100303775 with Others was fully satisfied on 26 Feb 2026.
AGM
Fino Payments Bank Limited last Annual general meeting of members was held on 29 Aug 2025 as per latest MCA records.
Charges
A charge with Idbi Bank Limited amounted to Rs. 9.73 Cr with Charge ID 101121735 was registered on 20 Jun 2025.
Charges
A charge registered on 26 Jul 2019 via Charge ID 100283987 with Yes Bank Limited was fully satisfied on 21 Feb 2025.
Charges
A charge with Others amounted to Rs. 13.50 Cr with Charge ID 101025257 was registered on 11 Dec 2024.
Charges
A charge with Indian Bank amounted to Rs. 22.50 Cr with Charge ID 100891315 was registered on 05 Mar 2024.
Appointed
Neeta Mukerji was appointed as Director.
Ceased
Suresh Kumar Jain ceased to be Director.
Appointed
Anita Sudhir Pai was appointed as Director.
Ceased
Prakash Kulathu Iyer ceased to be Director.
Appointed
Pankaj Kumar was appointed as Nominee Director.

46 earlier events are in the company report.

News

Fino Payments Bank: Company Reports Loan Referrals Increased By 316% Year-Over-Year To ₹301 Crore In October 2026
06 Nov 2026 · Exchange Update
RBI LIKELY TO GIVE FINAL NOD TO FINO PAYMENTS BANK’S SFB TRANSITION, SUBJECT TO KEY CONDITIONS
30 Oct 2026 · Exchange Update
FINOPB: Q2 REVENUE 744M RUPEES VS 601M (YOY)
29 Oct 2026 · Exchange Update
FINOPB: Q2 SL NET LOSS 209M RUPEES VS 154M (YOY)
29 Oct 2026 · Exchange Update
Fino Payments Bank: Business Update Shows 17% Decrease in Deposits Year Over Year; Renewal Income Rises 20% Year Over Year; Average Total Deposits Grow by 13% Year Over Year; Loan Referral Disbursals Jump 223% Year Over Year.
07 Oct 2026 · Exchange Update
Fino Payments Bank: Extends Anup Agarwal's Interim CFO Role By Up To 3 Months Starting October 6
01 Oct 2026 · Exchange Update

Frequently asked questions

Fino Payments Bank is an active public limited company based in Navi Mumbai, Maharashtra, India. The company works in banking institutions, within the financial services industry. It was incorporated on 23 June 2007 (19+ years old) and is registered under CIN L65100MH2007PLC171959. Listed on BSE: 543386 and NSE: FINOPB.

Fino Payments Bank reported revenue of ₹1,473.64 Cr for FY 2025-26 (down 15.6% YoY) based on standalone financials.

Fino Payments Bank has 7 current directors:

The latest financial statements of Fino Payments Bank on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Fino Payments Bank is 27AABCF1125D1ZA, registered in Maharashtra. The company has 37 GST registrations in all, of which 33 are active and 4 are cancelled or inactive. Other active GSTINs include 27AABCF1125D3Z8 (Maharashtra), 02AABCF1125D1ZM (Himachal Pradesh), 05AABCF1125D1ZG (Uttarakhand).

The CIN (Corporate Identification Number) of Fino Payments Bank is L65100MH2007PLC171959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Fino Payments Bank is a listed company as per MCA records. Its shares are listed on both BSE (code: 543386) and NSE (symbol: FINOPB).

Fino Payments Bank has 64 court cases on record: 19 filed by the company and 45 filed against it. 33 are pending. Most are in the district courts.

Fino Payments Bank was incorporated on 23 June 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.

Fino Payments Bank has 30 deals on record (26 market trades, 2 secondary share transfers, 1 ipo); the latest was in July 2026.