Fino Payments Bank Limited — Investor Meet, 03-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Fino Payments Bank has announced a board meeting on May 12, 2025, to approve the financial results for the quarter and half-year ended March 31, 2025.

Q4 and FY ’25 revenue rose 25% to INR 1,847 Cr, EBITDA up 22% to INR 234 Cr, PBT grew 26% to INR 108 Cr, and PAT increased 7% to INR 92.5 Cr despite new tax status. Customer base reached 1.43 Cr with 53 lakh digital active users. Average deposits jumped 37% YoY to INR 1,849 Cr, digital revenue grew 4.2x to INR 390 Cr (21% of total), and CASA income surged 43% to INR 544 Cr.

Management emphasized strong CASA and digital growth, tech upgrades including AI, and progress toward Small Finance Bank licensing. Loan referrals scaled 6x YoY with disbursements hitting INR 200 Cr in Q4, targeting INR 300 Cr next. Increased technology spend (INR 165 Cr) fuels scalability and efficiency, while cost-income ratio is expected near 25%. Challenges from sector stress and remittance slowdown are seen stabilizing soon.

Fino’s strategy focuses on digital adoption in mass markets and MSMEs via new CASA products and robust ground network, supporting ongoing margin improvement and stable growth momentum.