Fino Payments Bank Limited — Investor Meet, 06-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Fino Payments Bank reported Q1 FY26 revenue of ₹453 Cr (+4% YoY), EBITDA ₹62 Cr (+16% YoY), and PAT ₹18 Cr. Net revenue margin expanded 250bps, driven by a strategic shift to higher-margin CASA and digital payment services, which now account for 57% of revenue.

Management noted a cautious, compliance-first approach amid heightened regulatory scrutiny and digital fraud, temporarily impacting new account additions (7 lakh CASA accounts, total 1.5 Cr). The traditional remittance business declined significantly due to regulatory changes. The bank is investing in technology, including core banking migration, and is actively pursuing a Small Finance Bank license, aiming to start lending within a year of in-principle approval. The focus remains on steady, predictable bottom line growth.