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Fusion Finance Ltd (IN:FUSION)
:FUSION
India Market

Fusion Finance Ltd (FUSION) AI Stock Analysis

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IN:FUSION

Fusion Finance Ltd

(FUSION)

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Neutral 48 (OpenAI - 4o)
Rating:48Neutral
Price Target:
₹180.00
▲(13.03% Upside)
Fusion Finance Ltd's overall stock score is primarily impacted by its financial performance and valuation challenges. The company's significant net losses and high leverage are major concerns, despite positive revenue growth and cash flow improvements. Technical analysis suggests a neutral to bearish outlook, further weighing on the stock's attractiveness. The lack of earnings call and corporate events data means these factors do not influence the score.
Positive Factors
Revenue Streams
Diversified revenue streams from transaction fees, subscriptions, and asset management provide stability and reduce dependence on a single income source.
Cash Flow Improvement
Improved cash flows enhance liquidity and provide financial flexibility, supporting long-term operational and strategic initiatives.
Technological Focus
Emphasizing technology in fintech solutions positions FUSION to capitalize on digital trends, driving customer engagement and market expansion.
Negative Factors
High Leverage
High leverage increases financial risk, potentially limiting the company's ability to invest in growth opportunities and manage economic downturns.
Profitability Challenges
Sustained net losses undermine profitability, impacting the company's ability to reinvest in business growth and maintain investor confidence.
Revenue Decline
Declining revenue growth suggests challenges in market penetration or competition, potentially affecting long-term business viability.

Fusion Finance Ltd (FUSION) vs. iShares MSCI India ETF (INDA)

Fusion Finance Ltd Business Overview & Revenue Model

Company DescriptionFusion Finance Ltd (FUSION) is a dynamic financial services provider specializing in innovative fintech solutions. Operating primarily in the sectors of personal finance, investment management, and digital banking, FUSION offers a suite of products including mobile banking applications, automated investment platforms, and personal finance management tools. With a strong focus on leveraging technology to enhance user experience, FUSION aims to democratize access to financial resources and empower individuals to achieve their financial goals.
How the Company Makes MoneyFUSION generates revenue through multiple streams, primarily from transaction fees, subscription services, and asset management fees. The company charges users a nominal fee for transactions conducted through its mobile banking platform, while premium features of its personal finance application are offered through a subscription model. Additionally, FUSION earns income from managing investment portfolios on behalf of clients, collecting a percentage of assets under management as a fee. Strategic partnerships with financial institutions and technology providers further bolster revenues by enabling FUSION to expand its service offerings and reach a broader audience, thus enhancing customer acquisition and retention.

Fusion Finance Ltd Financial Statement Overview

Summary
Fusion Finance Ltd shows mixed financial performance. Revenue growth is positive, but the company faces significant profitability challenges with a net loss of $12.25 billion. High leverage is a concern, though strong cash reserves provide some stability. Improvements in cash flow are encouraging, but overall financial health would benefit from sustained profitability and reduced debt levels.
Income Statement
45
Neutral
Fusion Finance Ltd shows moderate revenue growth over the years, with current revenues at $21.49 billion, up from $7.27 billion in 2020. However, the net profit margin has turned negative, with a net loss of $12.25 billion in the latest year, indicating significant profitability challenges. Gross profit margin is healthy but has declined from earlier periods, reflecting pressures on cost control or pricing. EBIT and EBITDA margins are reasonable, but the negative net income is concerning for long-term sustainability.
Balance Sheet
55
Neutral
The company's balance sheet shows a high level of debt, with a debt-to-equity ratio of approximately 3.9, indicating high leverage. The equity ratio stands at about 19.8%, reflecting significant reliance on debt financing. Return on equity has turned negative due to recent losses. Despite high leverage, the company maintains substantial cash reserves, which could provide a buffer against financial instability.
Cash Flow
60
Neutral
Fusion Finance Ltd has shown improvement in cash flows, with a positive free cash flow of $14.37 billion in the latest year, compared to negative free cash flow in previous years. The operating cash flow to net income ratio indicates that cash inflows are not aligned with net earnings, but the turnaround in free cash flow is a positive sign for liquidity management. However, the variability in cash flow metrics over the years suggests potential volatility.
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue19.23B21.29B20.87B15.90B10.57B8.06B
Gross Profit6.47B7.97B9.31B6.59B3.59B2.82B
EBITDA-12.76B-11.20B6.73B5.20B306.85M612.15M
Net Income-12.81B-12.25B5.05B3.87B217.55M439.44M
Balance Sheet
Total Assets74.25B82.93B117.74B93.64B72.90B58.38B
Cash, Cash Equivalents and Short-Term Investments7.87B8.88B16.11B11.18B11.58B13.03B
Total Debt52.66B64.02B86.16B67.78B57.76B44.32B
Total Liabilities54.81B66.49B89.26B70.42B59.53B45.92B
Stockholders Equity16.43B16.43B28.48B23.22B13.38B12.46B
Cash Flow
Free Cash Flow5.57B14.37B-13.70B-16.71B-16.47B-8.01B
Operating Cash Flow5.59B14.48B-13.50B-16.63B-16.41B-7.93B
Investing Cash Flow6.83B744.00M314.80M178.50M184.83M95.58M
Financing Cash Flow-22.44B-22.14B18.43B15.84B14.18B14.59B

Fusion Finance Ltd Technical Analysis

Technical Analysis Sentiment
Negative
Last Price159.25
Price Trends
50DMA
175.22
Negative
100DMA
173.61
Negative
200DMA
170.89
Negative
Market Momentum
MACD
-4.66
Positive
RSI
31.74
Neutral
STOCH
13.33
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:FUSION, the sentiment is Negative. The current price of 159.25 is below the 20-day moving average (MA) of 165.82, below the 50-day MA of 175.22, and below the 200-day MA of 170.89, indicating a bearish trend. The MACD of -4.66 indicates Positive momentum. The RSI at 31.74 is Neutral, neither overbought nor oversold. The STOCH value of 13.33 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:FUSION.

Fusion Finance Ltd Peers Comparison

Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
₹22.05B18.721.90%-11.33%-40.39%
68
Neutral
$18.00B11.429.92%3.81%9.73%1.22%
66
Neutral
₹21.19B6.05-17.15%124.47%
65
Neutral
₹34.04B16.270.28%11.75%-6.52%
64
Neutral
₹24.32B15.540.33%-7.85%-11.22%
58
Neutral
₹29.96B26.640.90%5.73%12.29%
48
Neutral
₹25.19B-1.67-31.94%-1096.32%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:FUSION
Fusion Finance Ltd
156.00
-17.04
-9.85%
IN:GEOJITFSL
Geojit Financial Services Ltd
79.00
-38.15
-32.57%
IN:MONARCH
Monarch Networth Capital Limited
306.80
-111.93
-26.73%
IN:PAISALO
Paisalo Digital Ltd.
37.43
-19.44
-34.18%
IN:PFS
PTC India Financial Services Limited
32.99
-7.98
-19.48%
IN:TFCILTD
Tourism Finance Corporation of India Limited
64.71
31.65
95.74%

Fusion Finance Ltd Corporate Events

Fusion Finance Ltd’s Credit Ratings Revised by ICRA
Nov 27, 2025

Fusion Finance Ltd has announced that ICRA Limited, a credit rating agency, has assigned, reaffirmed, and revised the outlook on the company’s credit ratings for different financial instruments. The ratings for the Non-Convertible Debentures (NCD) and Subordinated Debt have been reaffirmed with a stable outlook, indicating improved financial stability and potential positive implications for stakeholders.

Fusion Finance Announces Dispatch of Final Call Notice to Shareholders
Nov 15, 2025

Fusion Finance Limited has announced the dispatch of the First and Final Call Notice to shareholders holding partly paid-up equity shares as of the record date, November 11, 2025. This move is part of the company’s strategic financial operations, ensuring compliance with regulatory requirements and enhancing shareholder engagement. The notice was published in major newspapers and is available on the company’s website, reflecting Fusion Finance’s commitment to transparency and effective communication with its stakeholders.

Fusion Finance Schedules Investor Meetings in Mumbai
Nov 12, 2025

Fusion Finance Limited has announced a schedule for upcoming meetings with analysts and institutional investors, set to take place on November 18th and 19th, 2025, in Mumbai. These meetings, which will be conducted in-person, are part of the company’s efforts to engage with stakeholders, although no unpublished price-sensitive information will be disclosed during these sessions.

Fusion Finance Releases Q2 FY26 Earnings Presentation
Nov 4, 2025

Fusion Finance Limited has released its earnings presentation for the quarter and half-year ending September 30, 2025. The unaudited financial results were approved during a board meeting and are now available on the company’s website. This announcement is significant as it provides stakeholders with insights into the company’s financial performance and operational strategies, reflecting its commitment to transparency and regulatory compliance.

Fusion Finance Announces Key Financial Decisions and Leadership Change
Nov 4, 2025

Fusion Finance Limited announced several key decisions following its board meeting on November 4, 2025. The company approved unaudited financial results for the quarter and half-year ending September 30, 2025, and plans to issue up to 10,000 non-convertible debentures worth INR 100 crore on a private placement basis. Additionally, the board approved the issuance of non-convertible debentures up to INR 1,000 crore. The company also set November 11, 2025, as the record date for the first and final call on partly paid-up equity shares. Furthermore, Mr. Devesh Sachdev resigned as a director, with the board acknowledging his contributions and adjusting the company’s articles of association accordingly. These developments position Fusion Finance for continued growth in its core segments.

Fusion Finance Reports Q2 & H1 FY26 Results and Strategic Initiatives
Nov 4, 2025

Fusion Finance Limited announced its unaudited financial results for the quarter and half-year ending September 30, 2025. The company has approved the issuance of non-convertible debentures worth up to INR 1,000 crore on a private placement basis, aiming to enhance its capital structure. Additionally, the Board has approved a first and final call on partly paid-up equity shares and noted the resignation of Mr. Devesh Sachdev as Director. With these strategic moves, Fusion Finance is poised to strengthen its market position and drive sustainable growth in its core segments.

Fusion Finance Announces Leadership Change and Debenture Issuance
Nov 4, 2025

Fusion Finance Limited announced the resignation of Mr. Devesh Sachdev as a Non-Executive Director, effective November 4, 2025, marking the end of his influential role since the company’s inception. The company also approved the issuance of non-convertible debentures worth up to INR 1,000 crore on a private placement basis, aiming to enhance its financial stability and support future growth initiatives.

Fusion Finance Grants 70,000 ESOPs to Employees
Nov 4, 2025

Fusion Finance Limited has announced the approval of 70,000 stock options granted to eligible employees under the Fusion Employee Stock Option Plan 2023. This move, approved by the company’s Nomination and Remuneration Committee, aligns with SEBI regulations and aims to incentivize employees, potentially enhancing employee retention and motivation, which could positively impact the company’s operational efficiency and market position.

Fusion Finance Expands into Insurance with New IRDAI Certification
Oct 22, 2025

Fusion Finance Limited has received a Certificate of Registration from the Insurance Regulatory and Development Authority of India, allowing it to operate as a ‘Corporate Agent (Composite)’ under the Insurance Act, 1938. This approval enables the company to solicit insurance products to its customers, potentially broadening its service offerings and strengthening its position in the financial services market.

Fusion Finance Limited Announces Key Director Appointments
Oct 21, 2025

Fusion Finance Limited has announced the successful passing of several resolutions through a postal ballot, which includes the appointment of Mr. Sanjay Garyali as a Director and Whole-time Director, Mr. Rajeev Sardana as a Non-Executive Independent Director, and Mr. Hemant Omprakash Mundra as a Non-Executive Director. These appointments, approved by a requisite majority of shareholders, are part of the company’s compliance with SEBI regulations and the Companies Act, 2013, potentially impacting its governance and strategic direction.

Fusion Finance Ltd Grants 90,000 Stock Options to Employees
Oct 2, 2025

Fusion Finance Ltd has announced the approval of 90,000 stock options granted to eligible employees under the Fusion Employee Stock Option Plan 2023. This move, approved by the Nomination and Remuneration Committee, aligns with the company’s strategy to incentivize and retain talent, potentially enhancing employee engagement and productivity. The granted options are priced at Rs. 193.67 per option, with a vesting period starting one year from the grant date and an exercise period of up to eight years, reflecting the company’s commitment to long-term growth and employee participation.

Fusion Finance Dispatches Postal Ballot Notice to Enhance Stakeholder Engagement
Sep 20, 2025

Fusion Finance Limited has announced the dispatch of a postal ballot notice, as published in the Financial Express and Jansatta newspapers. This move is part of the company’s ongoing efforts to engage with its stakeholders and ensure transparency in its operations. The announcement is expected to impact the company’s communication strategy and stakeholder engagement positively.

Fusion Finance Announces Investor Meetings in Mumbai
Sep 10, 2025

Fusion Finance Limited has announced a schedule for upcoming meetings with analysts and institutional investors, set to take place in Mumbai on September 15 and 16, 2025. These meetings, which will be conducted both one-on-one and in group settings, aim to engage with investors and analysts, although no unpublished price-sensitive information will be disclosed. This initiative reflects the company’s commitment to transparency and investor relations, potentially strengthening its market position and stakeholder trust.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Nov 01, 2025