Fusion Finance Q1 FY27: Profitability strengthens as credit costs fall

In Q1 FY27, Fusion Finance reported PBT of 62.41 crore and PAT of 62.41 crore. PPOP was 102.09 crore and NIM was 11.93%.

GNPA improved to 2.51% in Q1 FY27 from 3.21% in Q4 FY26. NNPA was 0.47% in Q1 FY27.

AUM was 7,702 crore in Q1 FY27. Disbursements were 1,783 crore in Q1 FY27.

Liquidity (cash and other bank balances) was 1,880.18 crore as of June 30, 2026. CRAR was 36.95% and D/E was stated as 2.3x in the presentation.

Management reiterated a target of 10,000 crore AUM for FY27 and stated growth would be calibrated around portfolio quality and the operating environment.

As of June 30, 2026, MSME AUM was 796 crore, with 90 branches across 8 states and 19,000 plus active customers. Q1 FY27 MSME disbursements were 98 crore.

The company highlighted plans to open around 50 new MFI branches while rationalizing around 100 branches, and to launch an individual loan product (first loan targeted by the first week of September per concall). It also discussed scaling MSME sourcing using selected MFI branches.