Fino Paytech Limited Unlisted Shares

Fino Paytech Limited Unlisted Shares

Fundamentals

Fino Paytech Limited Unlisted Shares
₹ 110 Per Equity Share

Lot Size 500 Shares
52 Week High 172
52 Week Low 105
Depository NSDL & CDSL
PAN Number AAACF9869M
ISIN Number INE511I01011
CIN U72900MH2006PLC162656
RTA Adroit Corporate Services
Market Cap (in cr.) 1150
P/E Ratio 11.85
P/B Ratio 1.37
Debt to Equity 1.01
ROE (%) 11.66
Book Value 80.52
Face Value 10
Total Shares 104564236

P&L Statement

P&L Statement 2023 2024 2025
Revenue 1149 1339 1654
Cost of Material Consumed 185 171 1115
Change in Inventory 3 10 -0.7
Gross Margins 83.64 86.48 32.63
Employee Benefit Expenses 171 184 214
Other Expenses 766 904 244
EBITDA 24 70 81.7
OPM 2.09 5.23 4.94
Other Income 142 158 211
Finance Cost 54 86 105
D&A 50 63 73
EBIT -26 7 8.7
EBIT Margins -2.26 0.52 115
PBT 62 80 0.53
PBT Margins 5.4 5.97 6.95
Tax 12 -1 18
PAT 50 81 97
NPM 4.35 6.05 5.86
EPS 4.79 7.75 9.28

Financial Ratios

Financial Ratios 2023 2024 2025
Operating Profit Margin 2.09 5.23 4.94
Net Profit Margin 4.35 6.05 5.86
Earning Per Share (Diluted) 4.79 7.75 9.28

Balance Sheet

Assets 2023 2024 2025
Fixed Assets 125 154 172
CWIP 26 47 130
Investments 1146 1747 2389
Trade Receivables 72 77 68
Inventory 42 32 33
Other Assets 1209 1530 1566
Total Assets 2620 3587 4358

Liabilities

Liabilities 2023 2024 2025
Share Capital 104.39 104.56 104.56
FV 10 10 10
Reserves 533 621 727.44
Borrowings 455 733 839
Trade Payables 23 16 11
Other Liabilities 1504.61 2112.44 2676
Total Liabilities 2620 3587 4358

Cash-Flow Statement

Cash-Flow Statement 2023 2024 2025
PBT 62 79 115
OPBWC 2 53 59
Change in Receivables -2 -8 8.26
Change in Inventories 3 10 -0.79
Change in Payables -20 -6 5.48
Other Changes 402 518 534.05
Working Capital Change 383 514 547
Cash Generated From Operations 385 567 606
Tax 3 28 -10
Cash Flow From Operations 388 595 596
Purchase of PPE -87 -88 -138
Sale of PPE 0 0 0
Cash Flow From Investment -539 -574 -863
Borrowing -0.36 278 107
Dividend -502 0 0
Equity 0.22 0.72 0.11
Others From Financing -4 -64.72 -74.11
Cash Flow from Financing -506.14 214 33
Net Cash Generated -657.14 235 -234
Cash at the Start 1057 399 634
Cash at the End 399.86 634 400

Shareholding Pattern

ICICI Prudential Life Insurance Company Ltd. 10.38%
ICICI Bank Limited 9.09%
Blackstone GPV Capital Partners (Mauritius) VI-B FDI Limited 6.88%
HAV 3 Holdings (Mauritius) Limited 6.83%
ICICI Lombard General Insurance Company Limited 6.22%
International Finance Corporation 6.02%
Others 27.77%
Bharat Petroleum Corporation Limited 26.81%
ICICI Prudential Life Insurance Company Ltd. 10.38%
ICICI Bank Limited 9.09%
Blackstone GPV Capital Partners (Mauritius) VI-B FDI Limited 6.88%
HAV 3 Holdings (Mauritius) Limited 6.83%
ICICI Lombard General Insurance Company Limited 5.73%
International Finance Corporation 6.02%
Others 28.26%
Bharat Petroleum Corporation Limited 26.77%
ICICI Prudential Life Insurance 10.36%
ICICI Bank Limited 9.07%
Blackstone GPV Capital Partners 6.87%
HAV 3 Holdings (Mauritius) Limited 6.82%
ICICI Lombard General Insurance 5.72%
International Finance Corporation 6.01%
Others 28.38%
Bharat Petroleum Corporation Limited 26.77%
ICICI Prudential Life Insurance Company Ltd 10.36%
ICICI Bank Limited 9.07%
Blackstone GPV Capital Partners (Mauritius) VI-B FDI Limited 6.87%
ICICI Lombard General Insurance 5.72%
International Finance Corporation 6.01%
Others 35.2%

Promoters or Management

Name Designation Experience LinkedIn Profile
Ashok Kini Non- Executive Chairman 30
Dr. Apurva Joshi Director 10 yrs

Fino Paytech Limited is a leading fintech solutions provider in India, specializing in enabling last-mile digital banking and financial services. Established with a mission to drive financial inclusion, the company has built a robust network that connects underserved and unbanked populations to essential financial products. Fino Paytech operates through its subsidiary, Fino Payments Bank, and leverages technology-driven platforms to deliver services such as savings accounts, remittances, insurance, micro-loans, and utility payments. Its extensive network of merchant points, biometric devices, and digital kiosks empowers millions of customers, especially in rural and semi-urban regions, to access secure and affordable financial solutions.

Over the years, Fino Paytech has expanded its service offerings by integrating digital innovation, customer analytics, and a scalable tech infrastructure. The company’s platform supports real-time transactions, Aadhaar-enabled services, and paperless onboarding, enhancing its reach and operational efficiency. Through strategic partnerships with banks, financial institutions, government bodies, and corporate entities, Fino Paytech has strengthened its role as an important enabler in India’s digital payments ecosystem. Its focus on low-cost delivery, high-volume transactions, and seamless customer experiences positions it strongly in the competitive fintech landscape. Additionally, initiatives in merchant onboarding, micro-ATM deployments, and doorstep banking services further enhance its footprint across India.

Fino Paytech Limited’s unlisted shares attract investor interest due to the company’s strong business fundamentals, expanding digital network, and role in India’s fast-growing fintech and financial inclusion sectors. While unlisted investments come with considerations such as reduced liquidity and limited public disclosures, Fino Paytech’s steady revenue streams, growing customer base, and technology-led operations make it a compelling long-term opportunity. The company’s alignment with national initiatives like Digital India and financial inclusion enhances its growth prospects. Investors view Fino Paytech as a strong contender for long-term value creation, especially as digital transactions, rural banking penetration, and tech-enabled financial services continue to rise in India.

FAQa about Fino Paytech Limited Unlisted Shares


Q:1 How can I book Fino Paytech Limited Unlisted Shares?

Answer: You can book Fino Paytech Limited Unlisted Shares by confirming your order with us at the trading price.

Q:2 What documents do I need to provide for purchasing Fino Paytech Limited Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a Cancelled Cheque.These are required KYC documents as per SEBI regulations.

Q:3 What should I do if I don't have a client master report?

Answer: If you do not have a client master report, you can ask your broker to provide it for you.

Q:4 How do I transfer funds for purchasing the shares?Answer: You will need to transfer funds to the bank account details we provide.The payment can be made via RTGS, NEFT, IMPS, or cheque transfer.

Q:5 Can I make the payment in cash?

Answer: No, cash deposits are not allowed.Payments must be made through RTGS, NEFT, IMPS, or cheque transfer.

Q:6 From which account should I make the payment?

Answer: The payment must be made from the same bank account where the shares will be credited.

Q:7 Will you provide the bank details for the fund transfer?

Answer: Yes, we will provide you with the bank details necessary for the fund transfer.

Q:8 Are there any specific regulations I need to be aware of when purchasing shares?Answer: Yes, you must comply with SEBI regulations, which include providing the necessary KYC documents such as your client master report, PAN Card, and Cancelled Cheque.



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