NSE: FUSION | BSE: 543652

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187.20 0.81 (0.43%)

57.55% Fall from 52W High

404.9K NSE+BSE Volume

NSE 09 Jul, 2025 3:31 PM (IST)

2,462.7

Market Cap

Below industry Median

0.9

Beta 1Year

Low volatility

Fusion Finance Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for FUSION, BSE:543652 Fusion Finance Ltd.

Fusion Finance Ltd.

13 Sep 2023

187.20

0.43%

Focus on becoming trusted financial service provider to rural India, sustaining profitability

Buy: Fusion Finance Ltd.

ICICI Securities Limited

In its FY23 annual report, Fusion Microfinance (Fusion) has highlighted its commitment towards becoming a trusted financial service provider to rural India and also sustain industry-leading profitability going forward. While microfinance continues to be the core of the business, MSME vertical is gaining strong traction as reflected in INR 2.2bn disbursements in FY23, taking MSME AUM to INR 3bn as on Mar’23.

Fusion Finance Ltd. is trading below its 30 day SMA of 188.6

Fusion Finance Ltd.

04 Aug 2023

187.20

0.43%

Steady performance with RoE sustaining >20% for past 5 quarters

Buy: Fusion Finance Ltd.

Target

ICICI Securities Limited

Fusion Microfinance (Fusion) continues to deliver industry-leading profitability in Q1FY24- as reflected in it sustaining ~5% RoA and >20% RoE during the past 5 quarters. This is an outcome of its diversified operations with no single state contributing >20% of AUM, rural portfolio accounting for 93%, quality underwriting, proactive risk management and deep understanding of demographics in states where it operates.

Promoters pledged 1.04% of shares in last quarter. Total pledge stands at 6.38% of promoter holdings

Fusion Finance Ltd.

04 Aug 2023

187.20

0.43%

NIM expansion continues but credit costs still elevated

Buy: Fusion Finance Ltd.

Motilal Oswal

Fusion Finance Ltd. is trading below its 30 day SMA of 188.6

Fusion Finance Ltd.

24 May 2023

187.20

0.43%

India Update

Buy: Fusion Finance Ltd.

Target

ICICI Securities Limited

The Union ministry of commerce is in talks with regulators and other departments to put in place systems that will level the field between exports through e-commerce and traditional channels, when it comes to tax refunds.

Fusion Finance Ltd. is trading above its 200 day SMA of 178.1

Fusion Finance Ltd.

24 May 2023

187.20

0.43%

Continues to deliver industry-leading profitability with RoA / RoE sustaining at >4% / >20%

Buy: Fusion Finance Ltd.

Target

ICICI Securities Limited

Fusion Micro Finance (Fusion) continues to lead the industry in terms of profitability and growth – as reflected in its RoA and RoE sustained at >4% and >20% respectively in each of the 4 quarters of FY23 despite creation of a provisioning buffer of Rs0.3bn in
Q4FY23.

Fusion Finance Ltd. is trading below its 30 day SMA of 188.6

Fusion Finance Ltd.

23 Mar 2023

187.20

0.43%

Underlying business trends remain robust; RoA to sustain at >4% going ahead

Buy: Fusion Finance Ltd.

ICICI Securities Limited

We met the apex management, including MD & CEO Mr. Devesh Sachdev, of Fusion Microfinance (Fusion) to understand the prevailing business trends in microfinance sector and how the company is placed. Management remains upbeat about growth sustainability and healthy profitability given that industry dynamics continue to be favourable.

Fusion Finance Ltd. has gained 38.40% in the last 3 Months

Fusion Finance Ltd.

13 Feb 2023

187.20

0.43%

Profitability remained robust with RoA / RoE sustaining at >4% / >20% respectively

Buy: Fusion Finance Ltd.

ICICI Securities Limited

Fusion Microfinance’s (Fusion) Q3FY23 / 9MFY23 financial performance was once again the best in industry (within NBFC MFI space) as reflected in it sustaining >4% RoA and >20% RoE in each of the 3 quarters of FY23-TD. This is an outcome of its diversified operations with no single state contributing >20% of AUM, the rural portfolio accounting for 93%, quality underwriting, proactive risk management and deep understanding of demographics in states where it operates.

Fusion Finance Ltd. has lost -56.15% in the last 1 Year

Fusion Finance Ltd.

24 Jan 2023

187.20

0.43%

Leading NBFC-MFI, well placed to sustain industry-leading profitability

Buy: Fusion Finance Ltd.

ICICI Securities Limited

Fusion Micro Finance (Fusion) is a leading NBFC-MFI with AUM of Rs80bn (>50% CAGR FY17-22) and borrower base of 3mn (>30% CAGR), implying average outstanding per borrower of ~Rs25,000 (one of the lowest in MFI space) as on Sep’22.

Promoters pledged 1.04% of shares in last quarter. Total pledge stands at 6.38% of promoter holdings

Fusion Finance Ltd.

02 Nov 2022

187.20

0.43%

Fusion Microfinance Limited

IPO Subscribe: Fusion Finance Ltd.

Hem Securities

Fusion Finance Ltd. has gained 38.40% in the last 3 Months

Fusion Finance Ltd.

01 Nov 2022

187.20

0.43%

Fusion Micro Finance Limited IPO

IPO Note: Fusion Finance Ltd.

Angel Broking

Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies among the top NBFC-MFIs in India in terms of AUM. FML is engaged in providing financial services to unserved and underserved section of society. The company has achieved a significant footprint across India, where they have extended reach to 2.90 million

Fusion Finance Ltd. is trading above its 200 day SMA of 178.1

VOTE: Is Fusion Micro Finance Ltd. worth buying?

154 Votes:

Buy 78.57%

Sell 14.29%

Hold 7.14%

RESEARCH REPORTS

Neutral SEE REPORTS >

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Neutral SEE REPORTS >

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