By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: NBFC stock jumps 5% from today’s low. Do you own? | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > NBFC stock jumps 5% from today’s low. Do you own? | Stock Market News
Business

NBFC stock jumps 5% from today’s low. Do you own? | Stock Market News

Last updated: May 19, 2026 1:08 pm
3 days ago
Share
SHARE


Fusion Finance share price surged 5% from the day’s intraday low on Tuesday, 19 May, after the company reported a strong turnaround in its Q4FY26 and full-year FY26 performance, supported by improving collection efficiency, better asset quality, stronger recoveries and lower credit costs.

The company posted a Profit After Tax (PAT) of ₹114.2 crore for Q4FY26, including the recognition of a Deferred Tax Asset (DTA)of ₹76.8 crore. Excluding the DTA impact, quarterly profit stood at ₹37.4 crore, reflecting improvement in core operating performance driven by lower credit costs and stable business operations.

For the full year FY26, the company returned to profitability with a PAT of ₹13.9 crore.

The company said collection efficiency on portfolio outstanding improved steadily through the year and reached 99.66% in Q4FY26 — the highest level seen in several quarters. The new loan book, built under tighter underwriting norms, recorded an average collection efficiency of 99.77% during the quarter.

Also Read | Goldline Pharmaceutical locked in 5% lower circuit after bumper debut

Enhanced collections resulted in a notable improvement in asset quality, with Gross NPA decreasing to 3.21% in Q4FY26 from 4.38% in the prior quarter, while Net NPA improved to 0.51% from 0.63%.

Fusion Finance also reported a significant decline in credit costs. Under the Expected Credit Loss (ECL) model, credit costs dropped by 30% sequentially and 78% year-over-year to ₹56 crore in Q4FY26. The effect on net P&L from credit costs reduced to ₹32 crore, compared to ₹65 crore in Q3FY26 and ₹247 crore in Q4FY25.

The Assets Under Management (AUM) reached ₹7,407 crore as of 31 March 2026, an 8% increase from the previous quarter. Quarterly disbursements rose by 34% quarter-on-quarter and 85% year-on-year to ₹2,140 crore, demonstrating enhanced business momentum alongside a sustained emphasis on portfolio quality.

The Net Interest Margin (NIM) improved from 11.32% in Q3FY26 to 11.44% in Q4FY26, aided by better portfolio yields, enhanced asset quality, and reduced borrowing expenses.

In a statement on the performance, Managing Director and CEO Sanjay Garyali noted that the quarter showcased consistent improvement in the company’s fundamental operating metrics, driven by targeted recovery initiatives, disciplined underwriting practices, and cautious risk management.

Also Read | RFBL Flexi Pack share price lists at 5% premium over the IPO price

Fusion Finance share price today

Fusion Finance share price today opened at ₹182.90 per share on the BSE, touched an intraday high of ₹186.40 per share, and an intraday low of ₹177.40 per share.

Rajesh Bhosale, Equity Technical and Derivative Analyst at Angel One, said that after a sharp crack on Monday (18 May) prices are showing some strength as its placed around a crucial long term support of 89ema and 200dsma, 175 – 170 remains a strong support, on flip side 200 is the immediate resistance, in near term prices are likely to remain within a 170 – 200 range.

Also Read | Small-cap stock Surya Roshni shares jump amid reports of business demerger

Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

Access Denied

Small-cap stock hits upper circuit after Q4 results 2026 | Stock Market News

Access Denied

Access Denied

Access Denied

TAGGED:asset qualitycredit costsFusion FinanceNBFC stockprofit after taxQ4FY26Share price
Share This Article
Facebook Twitter Email Print
Previous Article Access Denied
Next Article Access Denied
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS