Fusion Finance Limited

NSEI:FUSION Stock Report

Market Cap: ₹17.5b

Fusion Finance Valuation

Is FUSION undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of FUSION when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate FUSION's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate FUSION's fair value for valuation analysis.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for FUSION?

Key metric: As FUSION is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for FUSION. This is calculated by dividing FUSION's market cap by their current revenue.
What is FUSION's PS Ratio?
PS Ratio3.1x
Sales₹5.61b
Market Cap₹17.54b

Price to Sales Ratio vs Peers

How does FUSION's PS Ratio compare to its peers?

The above table shows the PS ratio for FUSION vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7x
SATIN Satin Creditcare Network
1.4x27.9%₹16.4b
508954 Finkurve Financial Services
20.3xn/a₹16.1b
531179 Arman Financial Services
4xn/a₹13.2b
SPANDANA Spandana Sphoorty Financial
2.1x28.3%₹23.6b
FUSION Fusion Finance
3.1x34.2%₹17.5b

Price-To-Sales vs Peers: FUSION is good value based on its Price-To-Sales Ratio (3.1x) compared to the peer average (7x).

Price to Sales Ratio vs Industry

How does FUSION's PS Ratio compare vs other companies in the IN Consumer Finance Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
RNFI RNFI Services
0.4xn/aUS$40.91m
539113 Paul Merchants
0.06xn/aUS$33.11m
DELPHIFX Delphi World Money
0.1xn/aUS$27.29m
531688 Prithvi Exchange (India)
0.05xn/aUS$23.52m
FUSION 3.1xIndustry Avg. 5.1xNo. of Companies12PS048121620+
9 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: FUSION is good value based on its Price-To-Sales Ratio (3.1x) compared to the Indian Consumer Finance industry average (5.1x).

Price to Sales Ratio vs Fair Ratio

What is FUSION's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

FUSION PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.1x
Fair PS Ratio5.9x

Price-To-Sales vs Fair Ratio: FUSION is good value based on its Price-To-Sales Ratio (3.1x) compared to the estimated Fair Price-To-Sales Ratio (5.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst FUSION forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹174.27
₹244.44
+40.3%
51.7%₹520.00₹155.00n/a9
Dec ’25₹180.83
₹244.44
+35.2%
51.7%₹520.00₹155.00n/a9
Nov ’25₹228.75
₹350.50
+53.2%
32.7%₹570.00₹240.00n/a10
Oct ’25₹245.91
₹371.50
+51.1%
27.6%₹570.00₹260.00n/a10
Sep ’25₹320.60
₹436.30
+36.1%
20.0%₹570.00₹280.00n/a10
Aug ’25₹438.20
₹656.64
+49.8%
13.3%₹770.00₹500.00n/a11
Jul ’25₹453.75
₹663.36
+46.2%
12.8%₹784.00₹500.00n/a11
Jun ’25₹454.85
₹663.36
+45.8%
12.8%₹784.00₹500.00n/a11
May ’25₹517.70
₹723.55
+39.8%
10.2%₹820.00₹600.00n/a11
Apr ’25₹482.20
₹740.73
+53.6%
7.1%₹819.00₹650.00n/a11
Mar ’25₹552.00
₹749.82
+35.8%
5.9%₹819.00₹680.00n/a11
Feb ’25₹571.15
₹759.36
+33.0%
6.2%₹818.00₹670.00n/a11
Jan ’25₹586.40
₹748.91
+27.7%
6.7%₹818.00₹655.00n/a11
Dec ’24₹572.95
₹748.91
+30.7%
6.7%₹818.00₹655.00₹180.8311
Nov ’24₹601.50
₹758.22
+26.1%
5.8%₹810.00₹684.00₹228.759
Oct ’24₹595.10
₹755.50
+27.0%
5.7%₹810.00₹684.00₹245.918
Sep ’24₹623.30
₹752.00
+20.6%
5.9%₹810.00₹684.00₹320.607
Aug ’24₹670.90
₹665.29
-0.8%
6.3%₹725.00₹613.00₹438.207
Jul ’24₹549.35
₹642.40
+16.9%
3.8%₹684.00₹613.00₹453.755
Jun ’24₹514.05
₹635.40
+23.6%
4.5%₹684.00₹605.00₹454.855
May ’24₹415.50
₹574.50
+38.3%
3.1%₹600.00₹550.00₹517.704
Apr ’24₹400.75
₹574.50
+43.4%
3.1%₹600.00₹550.00₹482.204
Mar ’24₹402.50
₹574.50
+42.7%
3.1%₹600.00₹550.00₹552.004
Feb ’24₹412.15
₹569.50
+38.2%
3.7%₹600.00₹550.00₹571.154

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 10:21
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Fusion Finance Limited is covered by 16 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Raghav GargAmbit Capital
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited