Fusion Micro Finance Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 12:57 am

Market Cap	1,754 Cr.
Current Price	174
High / Low	675/161
Stock P/E
Book Value	251
Dividend Yield	0.00 %
ROCE	14.1 %
ROE	19.6 %
Face Value	10.0
PEG Ratio	0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
Gujarat Metallic Coal & Coke Ltd	5.94 Cr.	30.0	32.8/19.9		77.6	0.00 %	0.37 %	2.00 %	100
Gensol Engineering Ltd	2,858 Cr.	754	1,377/725	35.1	155	0.00 %	14.3 %	20.1 %	10.0
Gagan Polycot India Ltd	0.86 Cr.	0.86	/		4.08	0.00 %	81.2 %	81.2 %	10.0
Fusion Micro Finance Ltd	1,754 Cr.	174	675/161		251	0.00 %	14.1 %	19.6 %	10.0
Five X Tradecom Ltd	0.99 Cr.	0.48	/		9.35	0.00 %	0.00 %	0.00 %	10.0
Industry Average	5,457.33 Cr	262.94		227.42	108.75	0.25%	21.46%	71.78%	9.42

All Competitor Stocks of

Quarterly Result

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Revenue	282	350	343	440	459	501	531	547	593	646	688
Interest	118	137	143	157	168	174	183	191	201	215	223
Expenses	177	219	116	167	163	192	208	213	243	286	532
Financing Profit	-13	-5	84	115	128	134	140	143	149	145	-67
Financing Margin %	-5%	-1%	24%	26%	28%	27%	26%	26%	25%	22%	-10%
Other Income	15	22	18	13	8	20	22	25	20	29	18
Depreciation	1	2	1	2	2	2	2	2	2	3	2
Profit before tax	0	16	100	126	134	152	159	166	166	172	-51
Tax %	-1,760%	16%	25%	25%	23%	25%	24%	24%	24%	23%	-30%
Net Profit	1	13	75	95	102	115	120	126	126	133	-36
EPS in Rs	0.11	1.57	8.91	11.27	10.18	11.38	11.97	12.49	12.57	13.19	-3.54
Gross NPA %				3.83%	3.69%	3.46%	3.20%	2.68%	3.04%	2.89%	5.46%
Net NPA %				1.12%		0.87%	0.78%	0.65%	0.77%	0.77%	1.25%

Last Updated: October 7, 2024, 8:02 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Revenue	266	494	720	856	1,151	1,742	2,317	2,474
Interest	137	254	338	375	496	643	791	831
Expenses	182	172	290	437	676	638	949	1,273
Financing Profit	-53	68	93	43	-20	461	577	370
Financing Margin %	-20%	14%	13%	5%	-2%	26%	25%	15%
Other Income	1	3	10	17	50	58	96	92
Depreciation	2	2	3	4	5	7	9	10
Profit before tax	-54	68	100	57	24	512	663	453
Tax %	-26%	26%	30%	23%	11%	24%	24%
Net Profit	-39	51	70	44	22	387	505	349
EPS in Rs	-9.15	7.71	8.25	5.21	2.58	38.47	50.21	34.71
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	230.77%	37.25%	-37.14%	-50.00%	1659.09%	30.49%
Change in YoY Net Profit Growth (%)	0.00%	-193.51%	-74.40%	-12.86%	1709.09%	-1628.60%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2018-2019 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	36%
3 Years:	39%
TTM:	29%

Compounded Profit Growth
10 Years:	%
5 Years:	58%
3 Years:	126%
TTM:	-118%

Stock Price CAGR
10 Years:	%
5 Years:	%
3 Years:	%
1 Year:	-69%

Return on Equity
10 Years:	%
5 Years:	13%
3 Years:	16%
Last Year:	20%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 1:40 pm

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	41	62	79	79	83	100	101	101
Reserves	214	564	1,120	1,167	1,255	2,222	2,748	2,422
Borrowings	1,608	2,929	2,974	4,432	5,776	6,778	8,616	8,641
Other Liabilities	106	56	67	159	177	263	310	317
Total Liabilities	1,968	3,611	4,240	5,838	7,290	9,364	11,774	11,481
Fixed Assets	5	6	6	18	19	21	31	31
CWIP	0	0	0	0	0	0	2	0
Investments	0	0	0	0	0	0	2	2
Other Assets	1,963	3,604	4,233	5,820	7,271	9,342	11,739	11,447
Total Assets	1,968	3,611	4,240	5,838	7,290	9,364	11,774	11,481

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-597	-1,418	-749	-793	-1,641	-1,663	-1,350
Cash from Investing Activity +	184	15	20	10	18	18	31
Cash from Financing Activity +	741	1,631	545	1,459	1,418	1,584	1,843
Net Cash Flow	329	229	-184	676	-204	-61	524

Free Cash Flow

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	181.00	170.00	288.00	433.00	671.00	632.00	941.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
ROE %		12%	8%	4%	2%	21%	20%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	68.18%	68.18%	68.18%	67.92%	57.70%	57.71%	57.71%	57.71%
FIIs	5.32%	5.98%	5.43%	5.15%	6.74%	5.97%	3.95%	2.82%
DIIs	12.77%	13.56%	16.51%	15.37%	22.81%	23.28%	22.79%	19.19%
Public	13.39%	12.00%	9.62%	11.02%	12.26%	12.65%	15.17%	19.90%
Others	0.34%	0.28%	0.25%	0.54%	0.48%	0.40%	0.37%	0.37%
No. of Shareholders	45,131	35,522	42,478	59,394	56,824	56,759	61,087	77,706

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	4,878,249	0.39	218.91	1,064,933	2024-12-18	358.08%
HDFC Multi Cap Fund	1,746,933	0.5	78.39	1,064,933	2024-12-18	64.04%
Aditya Birla Sun Life Small Cap Fund	1,212,922	1.05	54.43	1,064,933	2024-12-18	13.9%
Mirae Asset Banking and Financial Services Fund	1,066,465	2.63	47.86	1,064,933	2024-12-18	0.14%
HDFC Banking and Financial Services Fund	1,064,933	1.32	47.79	1,064,933	2024-12-18	0%
ICICI Prudential Banking and Financial Services	939,526	0.55	42.16	1,064,933	2024-12-18	-11.78%
Franklin India Smaller Companies Fund	900,000	0.29	40.39	1,064,933	2024-12-18	-15.49%
Mirae Asset Aggressive Hybrid Fund	886,187	0.44	39.77	1,064,933	2024-12-18	-16.78%
Mirae Asset ELSS Tax Saver Fund	794,737	0.15	35.66	1,064,933	2024-12-18	-25.37%
Aditya Birla Sun Life Banking And Financial Services Fund	744,160	1.02	33.39	1,064,933	2024-12-18	-30.12%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	50.30	43.29	2.67	5.56	10.47
Diluted EPS (Rs.)	50.11	43.13	2.64	5.49	10.47
Cash EPS (Rs.)	51.11	39.32	3.28	6.05	9.14
Book Value[Excl.RevalReserv]/Share (Rs.)	283.06	231.39	161.67	157.69	151.85
Book Value[Incl.RevalReserv]/Share (Rs.)	283.06	231.39	161.67	157.69	151.85
Revenue From Operations / Share (Rs.)	230.25	173.59	139.11	108.28	91.23
PBDIT / Share (Rs.)	145.41	115.82	63.53	55.14	55.76
PBIT / Share (Rs.)	144.51	115.08	62.88	54.64	55.44
PBT / Share (Rs.)	65.92	51.02	2.95	7.18	12.66
Net Profit / Share (Rs.)	50.22	38.58	2.63	5.56	8.82
PBDIT Margin (%)	63.15	66.71	45.66	50.92	61.12
PBIT Margin (%)	62.76	66.29	45.20	50.46	60.76
PBT Margin (%)	28.62	29.39	2.12	6.63	13.88
Net Profit Margin (%)	21.81	22.22	1.88	5.13	9.66
Return on Networth / Equity (%)	17.74	16.67	1.62	3.52	5.80
Return on Capital Employeed (%)	49.89	49.22	22.60	34.06	36.14
Return On Assets (%)	4.29	4.13	0.29	0.75	1.64
Long Term Debt / Equity (X)	0.00	0.00	0.70	0.00	0.00
Total Debt / Equity (X)	3.01	2.92	4.32	3.56	2.48
Asset Turnover Ratio (%)	0.21	0.20	0.17	0.16	0.18
Current Ratio (X)	1.31	1.31	1.43	1.25	1.38
Quick Ratio (X)	1.31	1.31	1.43	1.25	1.38
Interest Coverage Ratio (X)	1.85	1.81	1.06	1.16	1.30
Interest Coverage Ratio (Post Tax) (X)	1.64	1.60	1.04	1.12	1.21
Enterprise Value (Cr.)	11666.52	9712.66	0.00	0.00	0.00
EV / Net Operating Revenue (X)	5.04	5.58	0.00	0.00	0.00
EV / EBITDA (X)	7.97	8.36	0.00	0.00	0.00
MarketCap / Net Operating Revenue (X)	2.01	2.30	0.00	0.00	0.00
Price / BV (X)	1.64	1.72	0.00	0.00	0.00
Price / Net Operating Revenue (X)	2.01	2.30	0.00	0.00	0.00
EarningsYield	0.10	0.09	0.00	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 752.70

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 332.59% compared to the current share price 174.00

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of as of December 21, 2024 is: 1,099.88

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 532.11% compared to the current share price 174.00

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: 46.12%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 21.81%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 49.89% (Industry Average ROCE: 21.46%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 17.74% (Industry Average ROE: 71.78%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.64
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.31
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 227.42)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 3.01
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

No data availabale for About the Company

INDUSTRY	ADDRESS	CONTACT
Industry not found	Address not found	Contact not found

Management Data not Available

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹752.70, which is 332.59% higher than the current market price of ₹174.00. The stock has a market capitalization of 1,754 Cr. and recorded a high/low of 675/161 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹2,422 Cr and total liabilities of ₹11,481 Cr.

What is the Market Cap of ?

The Market Cap of is 1,754 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 174.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 675/161.

What is the Stock P/E of ?

The Stock P/E of is .

What is the Book Value of ?

The Book Value of is 251.

What is the Dividend Yield of ?

The Dividend Yield of is 0.00 %.

What is the ROCE of ?

The ROCE of is 14.1 %.

What is the ROE of ?

The ROE of is 19.6 %.

What is the Face Value of ?

The Face Value of is 10.0.