Fusion Finance Limited — Q1FY27 earnings call summary

Filed 10 August 2026 · Company audio recording

Targeting AUM of ₹10,000 crore in FY27, implying 20-25% CAGR growth.
MSME business to grow to 15% of portfolio next year, 20% within two years.
NIM expected to improve by 15-25 bps by year-end, factoring in 55 bps yield hikes.
Plan to open ~50 new MFI branches and rationalize ~100 underperforming ones by Q3; net ~40-50 branch reduction.
Capital raise expected mid-FY28; current CAR at 36.95% provides 2-year growth runway.
Marginal cost of borrowing down 250 bps YoY to 10.1%, sequentially down 20 bps.
Credit cost declined to ₹40 crore (2% annualized), 7th consecutive quarter of reduction.
External environment risks (e.g., West Asia crisis, monsoon variability) remain but impact mitigated by portfolio quality.