Fino Paytech Limited, established in 2006, is an institutional investor-driven company that operates in the financial technology sector, primarily focusing on payment solutions. The company is known for its innovative products, including biometric smart cards and end-to-end loan management systems. It has garnered significant investments from both Indian and international investors, including major stakeholders like Bharat Petroleum Corporation and ICICI Bank.
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 19 | 18 | 1149 | 1339 |
| Cost of Material Consumed | 9 | 11 | 185 | 171 |
| Gross Margins | 52.63 | 38.89 | 83.9 | 87.23 |
| Change in Inventory | 1 | 0 | 3 | 10 |
| Employee Benefit Expenses | 7 | 4 | 171 | 184 |
| Other Expenses | 17 | 216 | 766 | 904 |
| EBITDA | -15 | -213 | 24 | 70 |
| OPM | -78.95 | -1183.33 | 2.09 | 5.23 |
| Other Income | 3 | 823 | 142 | 158 |
| Finance Cost | 2 | 1 | 54 | 86 |
| D&A | 2 | 2 | 50 | 63 |
| EBIT | -17 | -215 | -26 | 7 |
| EBIT Margins | -89.47 | -1194.44 | -2.26 | 0.52 |
| PBT | -15 | 605 | 62 | 80 |
| PBT Margins | -78.95 | 3361.11 | 5.4 | 5.97 |
| Tax (2021) | 1 | 82 | 12 | -1 |
| PAT | -16 | 523 | 50 | 81 |
| NPM | -84.21 | 2905.56 | 4.35 | 6.05 |
| EPS | -1.61 | 47.81 | 4.79 | 7.75 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | -78.95 | -1183.33 | 2.09 | 5.23 |
| Net Profit Margin | -84.21 | 2905.56 | 4.35 | 6.05 |
| Earning Per Share (Diluted) | -1.61 | 47.81 | 4.79 | 7.75 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 4 | 4 | 125 | 154 |
| CWIP | 0 | 0 | 26 | 47 |
| Investments | 591 | 421 | 1146 | 1747 |
| Trade Receivables | 7 | 26 | 72 | 77 |
| Inventory | 11 | 0 | 42 | 32 |
| Other Assets | 57 | 778 | 1209 | 1530 |
| Total Assets | 670 | 1229 | 2620 | 3587 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 99.6 | 109.4 | 104.39 | 104.56 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 475 | 1074 | 533 | 621 |
| Borrowings | 1 | 1 | 455 | 733 |
| Trade Payables | 10 | 23 | 23 | 16 |
| Other Liabilities | 84.4 | 21.6 | 1504.61 | 2112.44 |
| Total Liabilities | 670 | 1229 | 2620 | 3587 |
| Cash-Flow Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| PBT | 15 | 605 | 62 | 79 |
| OPBWC | -0.1 | -49 | 2 | 53 |
| Change in Receivables | 10 | -20 | -2 | -8 |
| Change in Inventories | 1 | 11 | 3 | 10 |
| Change in Payables | -4 | 13 | -20 | -6 |
| Other Changes | -4.5 | -87 | 402 | 518 |
| Working Capital Change | 2.5 | -83 | 383 | 514 |
| Cash Generated From Operations | 2.4 | -132 | 385 | 567 |
| Tax | 2 | -79 | 3 | 28 |
| Cash Flow From Operations | 4.4 | -211 | 388 | 595 |
| Purchase of PPE | -0.5 | -0.5 | -87 | -88 |
| Sale of PPE | 0 | 0 | 0 | 0 |
| Cash Flow From Investment | -8 | 850 | -539 | -574 |
| Borrowing | -4 | 0 | -0.36 | 278 |
| Divided | 0 | 0 | -502 | 0 |
| Equity | 4 | 84 | 0.22 | 0.72 |
| Others From Financing | -2 | -2 | -4 | -64.72 |
| Cash Flow from Financing | -2 | 82 | -506.14 | 214 |
| Net Cash Generated | -5.6 | 721 | -657.14 | 235 |
| Cash at the Start | 8 | 3 | 1057 | 399 |
| Cash at the End | 2.4 | 724 | 399.86 | 634 |
| Shareholding Pattern | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Individuals | 28.61% | 26.81% | 26.81% | 26.77% |
| Corporated Listed | 11.40% | 10.38% | 10.38% | 10.36% |
| Corporated Unlisted | 7.56% | 9.09% | 9.09% | 9.07% |
| Financial Institutions/Banks | 7.50% | 6.88% | 6.88% | 6.87% |
| Insurance Companies | 6.61% | 6.83% | 6.83% | 6.82% |
| Venture Capital Fund/AIFs | 5.79% | 6.22% | 5.73% | 6.01% |
| Foreign Holding | 5.32% | 6.02% | 6.02% | 6.01% |
| Others | - | 27.77% | 28.26% | 28.38% |
