| Scrip code | 543386 |
|---|---|
| NSE Symbol | FINOPB |
| MSEI Symbol | NOTLISTED |
| ISIN | INE02NC01014 |
| Name of bank | Fino Payments Bank Limited |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 29-10-2025 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 18-10-2025 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Second quarter |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 29-10-2025 14:05:00 |
| End date and time of board meeting | 29-10-2025 17:05:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | Yes |
| (III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 29-01-2025 |
| Indicate Company website link for updated RPT policy of the Company | https://web4.finobank.com/uploads/pages/corporate-governance/1739193553_RPTPolicy.pdf |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| There is no default on loans and debt securities by the Company during the quarter ended September 30, 2025. Therefore, the said disclosure is not applicable. | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-07-2025 | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 | 30-09-2025 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Interest earned | ||
| Interest or discount on advances or bills | 0.00 | 1.00 | |
| Income on investments | 4,381.00 | 8,869.00 | |
| Interest on balances with reserve bank of India and other inter bank funds | 1,630.00 | 3,186.00 | |
| Others | 0.00 | 55.00 | |
| Total interest earned | 6,011.00 | 12,111.00 | |
| 2 | Other income | 33,994.00 | 73,241.00 |
| 3 | Total income | 40,005.00 | 85,352.00 |
| Expenses | |||
| 4 | Interest expenses | 2,762.00 | 5,599.00 |
| 5 | Operating expenses | ||
| (i) | Employees cost | 5,649.00 | 11,481.00 |
| (ii) | Details of other operating expenses | ||
| Description of other operating expenses | |||
| 1 | Rent, taxes and lighting | 651.00 | 1,303.00 |
| 2 | Printing and stationery | 33.00 | 59.00 |
| 3 | Advertisement and publicity | 210.00 | 416.00 |
| 4 | Depreciation on banks property | 1,822.00 | 3,521.00 |
| 5 | Director’s fees Allowances and expenses | 42.00 | 90.00 |
| 6 | Auditors' fees and expenses | 17.00 | 33.00 |
| 7 | Law Charges | 152.00 | 341.00 |
| 8 | Postage, Telegrams, Telephones, etc. | 1,387.00 | 2,467.00 |
| 9 | Repairs and maintenance | 370.00 | 745.00 |
| 10 | Other Expenditure | 24,788.00 | 54,712.00 |
| Total other operating Expenses | 29,472.00 | 63,687.00 | |
| Total Operating Expenses | 35,121.00 | 75,168.00 | |
| 6 | Total expenditure excluding provisions and contingencies | 37,883.00 | 80,767.00 |
| 7 | Operating profit before provision and contingencies | 2,122.00 | 4,585.00 |
| 8 | Provisions other than tax and contingencies | 0.00 | 0.00 |
| 9 | Exceptional items | 0.00 | 0.00 |
| 10 | Total profit (loss) from ordinary activities before tax | 2,122.00 | 4,585.00 |
| 11 | Provision for Tax | 587.00 | 1,274.00 |
| 12 | Net profit (loss) from ordinary activities after tax | 1,535.00 | 3,311.00 |
| 13 | Extraordinary items net of tax expenses | 0.00 | 0.00 |
| 14 | Net profit (loss) for the period | 1,535.00 | 3,311.00 |
| 15 | Share of profit (loss) of associates | ||
| 16 | Profit (loss) of minority interest | ||
| 17 | Net Profit (loss) after taxes minority interest and share of profit (loss) of associates | 1,535.00 | 3,311.00 |
| 18 | Details of equity share capital [Abstract] | ||
| Paid-up equity share capital | 8,322.00 | 8,322.00 | |
| Face value of equity share capital | 10 | 10 | |
| 19 | Reserve excluding revaluation reserves (as per balance sheet of previous accounting year) | ||
| 20 | Analytical ratios | ||
| (i) | Percentage of share held by government of India | 0 | 0 |
| (ii) | Capital adequacy ratio | ||
| CET 1 ratio | 70.4800 | 70.4800 | |
| Additional Tier 1 ratio | 0 | 0 | |
| (iii) (a) | Earnings per share before extraordinary items | ||
| Basic earnings per share before extraordinary items | 1.84 | 3.98 | |
| Diluted earnings per share before extraordinary items | 1.84 | 3.97 | |
| (iii) (b) | Earnings per share after extraordinary items | ||
| Basic earnings per share after extraordinary items | 1.84 | 3.98 | |
| Diluted earnings per share after extraordinary items | 1.84 | 3.97 | |
| (iv) | NPA Ratios | ||
| Amount of gross non-performing assets | 0.00 | 0.00 | |
| Amount of net non-performing assets | 0.00 | 0.00 | |
| % of gross NPAs | 0 | 0 | |
| % of net NPAs | 0 | 0 | |
| Return on assets | 0 | 0.0100 | |
| 21 | Disclosure of notes on financial results by banks | Textual Information(1) | |
| Textual Information(1) | Return On Assets: 3 months ended (for the quater ended September 30, 2025): 0.35% Half year ended (for the period ended September 30, 2025): 0.78% |
|---|
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 30-09-2025 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Standalone | ||
| 1 | Capital and liabilities | ||
| Capital | 8,322.00 | ||
| Reserves and surplus | 70,304.00 | ||
| Deposits | 2,09,066.00 | ||
| Borrowings | 86,537.00 | ||
| Other liabilities and provisions | 58,162.00 | ||
| Total Capital Liabilities | 4,32,391.00 | ||
| 2 | ASSETS | ||
| Cash and Balances with Reserve Bank of India | 9,646.00 | ||
| Balances with Banks and money at call and short notice | 1,10,120.00 | ||
| Investments | 2,37,368.00 | ||
| Advances | 13.00 | ||
| Fixed Assets | 3320300000 | ||
| Other Assets | 42,041.00 | ||
| Total Assets | 4,32,391.00 | ||
| Disclosure of notes on assets and liabilities | |||
| Textual Information(1) |
|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-07-2025 | 01-04-2025 | |||||
| Date of end of reporting period | 30-09-2025 | 30-09-2025 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Corporate/ Wholesale Banking | 0.00 | 0.00 | ||||
| 2 | Retail Banking | 12,618.00 | 24,669.00 | ||||
| 3 | Treasury | 6,030.00 | 12,073.00 | ||||
| 4 | Other Banking Operations | 21,356.00 | 48,553.00 | ||||
| 5 | Unallocated | 1.00 | 57.00 | ||||
| Total Segment Revenue | 40,005.00 | 85,352.00 | |||||
| Less: Inter segment revenue | 0.00 | 0.00 | |||||
| Income from operations | 40,005.00 | 85,352.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Corporate/ Wholesale Banking | 0.00 | 0.00 | ||||
| 2 | Retail Banking | 6,156.00 | 11,056.00 | ||||
| 3 | Treasury | 4,333.00 | 8,699.00 | ||||
| 4 | Other Banking Operations | 1,036.00 | 3,250.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| Total Profit before tax | 11,525.00 | 23,005.00 | |||||
| i. Finance cost | 0.00 | 0.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 9,403.00 | 18,420.00 | |||||
| Profit before tax | 2,122.00 | 4,585.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Corporate/ Wholesale Banking | 0.00 | 0.00 | ||||
| 2 | Retail Banking | 8,906.00 | 8,906.00 | ||||
| 3 | Treasury | 3,39,225.00 | 3,39,225.00 | ||||
| 4 | Other Banking Operations | 37,643.00 | 37,643.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Assets | 3,85,774.00 | 3,85,774.00 | |||||
| Un-allocable Assets | 46,617.00 | 46,617.00 | |||||
| Net Segment Assets | 4,32,391.00 | 4,32,391.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Corporate/ Wholesale Banking | 0.00 | 0.00 | ||||
| 2 | Retail Banking | 2,13,645.00 | 2,13,645.00 | ||||
| 3 | Treasury | 69,279.00 | 69,279.00 | ||||
| 4 | Other Banking Operations | 61,932.00 | 61,932.00 | ||||
| 5 | Unallocated | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 3,44,856.00 | 3,44,856.00 | |||||
| Un-allocable Liabilities | 87,535.00 | 87,535.00 | |||||
| Net Segment Liabilities | 4,32,391.00 | 4,32,391.00 | |||||
| Disclosure of notes on segments | |||||||
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 30-09-2025 |
| C | Whether results are audited or unaudited | Audited |
| D | Nature of report standalone or consolidated | Standalone |
| 1 | Statement of cash flows | |
| Cash flows from used in operating activities | ||
| Profit before extraordinary items and tax | 4,585.00 | |
| 2 | Adjustments for reconcile profit (loss) | |
| Adjustments to profit (loss) | ||
| Adjustments for finance costs | 0.00 | |
| Adjustments for depreciation and amortisation expense | 4,383.00 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 0.00 | |
| Adjustments for share-based payments | 570.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |
| Other adjustments to reconcile profit (loss) | 170.00 | |
| Other adjustments for non-cash items | 0.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Total adjustments to profit (loss) | 5,123.00 | |
| 3 | Adjustments for working capital | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables | 0.00 | |
| Adjustments for decrease (increase) in other current assets | 0.00 | |
| Adjustments for increase (decrease) in trade payables | (353.00) | |
| Adjustments for increase (decrease) in other current liabilities | 5,080.00 | |
| Adjustments for provisions | 0.00 | |
| Total adjustments for working capital | 4,727.00 | |
| Total adjustments for reconcile profit (loss) | 9,850.00 | |
| Net cash flows from (used in) operations | 14,435.00 | |
| Dividends received | 0.00 | |
| Interest paid | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 713.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities before extraordinary items | 13,722.00 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) operating activities | 13,722.00 | |
| 4 | Cash flows from used in investing activities | |
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | 0.00 | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of tangible assets | 0.00 | |
| Purchase of tangible assets | 1,122.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 5,845.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 0.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Net cash flows from (used in) investing activities before extraordinary items | (6,967.00) | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) investing activities | (6,967.00) | |
| 5 | Cash flows from used in financing activities | |
| Proceeds from issuing shares | 0.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 2,592.00 | |
| Repayments of borrowings | 0.00 | |
| Dividends paid | 0.00 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities before extraordinary items | 2,592.00 | |
| Proceeds from extraordinary items | 0.00 | |
| Payment for extraordinary items | 0.00 | |
| Net cash flows from (used in) financing activities | 2,592.00 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 9,347.00 | |
| 6 | Effect of exchange rate changes on cash and cash equivalents | |
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | 9,347.00 | |
| Cash and cash equivalents cash flow statement at beginning of period | 1,10,419.00 | |
| Cash and cash equivalents cash flow statement at end of period | 1,19,766.00 | |
| Mode of Fund Raising | Public Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 09-11-2021 |
| Amount Raised | 30,000.00 |
| Report filed for Quarter ended | 30-09-2025 |
| Monitoring Agency | Not Applicable |
| Monitoring Agency Name, if applicable | |
| Is there a Deviation / Variation in use of funds raised | No |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | There is no deviation/variation in the utilization of funds |
| Comments of the Audit Committee after review | false |
| Comments of the auditors, if any | false |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Augmentation of Bank’s Tier-1 capital base to meet its future capital requirements | Not Applicable | 30,000.00 | 0.00 | 26,506.87 | 0.00 | The proceeds have been utilised till 30th September 2025, for augmentation of Banks technology as per the objects of the offer. |
| Name of signatory | Basavraj Loni |
|---|---|
| Designation of person | Company Secretary and Compliance Officer |
| Place | Navi Mumbai |
| Date | 29-10-2025 |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity /subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Fino Payments Bank Limited | Fino Paytech Limited | Holding Company | Any other transaction | Service Charges for facilitating bank's infrastructure and distribution network to Fino PayTech Limited | 280.00 | Approved | 88.09 | 14.74 | 88.09 | |||||||||||||||
| 2 | Fino Payments Bank Limited | Fino Paytech Limited | Holding Company | Any other transaction | Reimbursement of Common Expenses incurred by Fino PayTech Limited | 350.00 | Approved | 286.20 | 102.46 | 343.28 | |||||||||||||||
| 3 | Fino Payments Bank Limited | Fino Paytech Limited | Holding Company | Any other transaction | Availing of Authentication services from ASA for AEPS & E-KYC | 63.12 | Approved | 63.12 | 0.00 | 0.00 | |||||||||||||||
| 4 | Fino Payments Bank Limited | Bharat Petroleum Corporation LTD | Promoter Group | Any other transaction | Rent Payment | 21.00 | Approved | 9.48 | 0.00 | 0.00 | |||||||||||||||
| 5 | Fino Payments Bank Limited | Bharat Petroleum Corporation LTD | Promoter Group | Any other transaction | Commission for extending services | 120.00 | Approved | 40.40 | 0.00 | 0.00 | |||||||||||||||
| Total value of transaction during the reporting period | 0.0048729 | ||||||||||||||||||||||||