| Metric | Value (₹ Cr) | Q3 FY26 | Q4 FY25 |
|---|---|---|---|
| Revenue | 424.02 | 1.8% | 9.0% |
| Total Income | 430.14 | 1.4% | 9.6% |
| Expenditure | 392.73 | 4.2% | 38.7% |
| PBT | 37.41 | 166.3% | 122.7% |
| Net Profit | 114.19 | 712.7% | 169.4% |
| OPM | 39.05% | 7.27pp | 37.29pp |
| NPM | 26.55% | 23.24pp | 61.12pp |
| EPS | 7.06 | 572.4% | 52.8% |
Fusion Finance FY26: AUM ₹7,407 Cr, Gross NPA at 3.21%
15 May 2026 · 15 May, 10:12 pm
Summary
Fusion Finance Limited concluded Q4 FY26 and the full financial year on a strong note, returning to overall profitability for FY26 with a Profit After Tax of ₹13.9 crore. The fourth quarter saw a PAT of ₹114.19 crore, significantly bolstered by a ₹76.78 crore Deferred Tax Asset recognition. Assets under management (AUM) demonstrated an 8% sequential growth to ₹7,407 crore as of March 2026, marking a positive turnaround after previous quarters of degrowth. The company improved its Net Interest Margin to 11.44% and saw a notable decline in Gross NPA to 3.21%, alongside a robust collection efficiency of 99.66%, reinforcing strong asset quality. MD & CEO Sanjay Garyali highlighted the robust closure, enhanced asset quality, and efficient collections, expressing confidence in consistent customer engagement to ensure portfolio vibrancy and long-term value creation.
Key Highlights
- 1
Fusion Finance Limited reported a Profit After Tax (PAT) of ₹114.19 crore in Q4 FY26, which included a recognition of Deferred Tax Assets (DTA) of ₹76.78 crore.
- 2
The company returned to full-year profitability for FY26, achieving a Profit After Tax (PAT) of ₹13.9 crore.
- 3
Assets under management (AUM) grew by 8% sequentially to ₹7,407 crore as of March 2026, reversing a continuous period of degrowth over the previous six quarters.
- 4
Portfolio quality strengthened significantly, with Gross Non-Performing Assets (NPA) declining to 3.21% in Q4 FY26 from 4.38% in Q3 FY26, and Net NPA standing at 0.51%.
- 5
Net Interest Margin (NIM) expanded to 11.44% in Q4 FY26 from 11.32% in Q3 FY26, supported by improved asset quality and higher loan yields.
- 6
Overall average collection efficiency remained robust at 99.66% for Q4 FY26, with the new MFI book demonstrating a superior average collection efficiency of 99.77%.
- 7
The balance sheet maintained a healthy capital adequacy ratio (CRAR) of 36.46% and strong liquidity of ₹1,913 crore, comprising 23.06% of total assets.
Management Comments
Sanjay Garyali
Driven by our steady performance, the Q4FY2026 results reveal a robust closure to the financial year. The Company has successfully boosted its portfolio holdings, while enhancing the asset quality to ensure sustained growth. These dedicated efforts have led to stable collections in the new loan book and our overall portfolio. Fusion’s vibrant operating model is highlighted by the efficiency of its collections. Notwithstanding strong pressure due to economic headwinds, our risk and underwriting practices also performed very well. The latest results boost our confidence that consistent customer engagement and proficiency in execution will ensure portfolio vibrancy. As we move steadily into the new financial year, creating long term value for our stakeholders remains Fusion’s top priority.
Informational and educational content only. Not investment advice.