Fedbank Financial Services
- Market cap
- ₹ 5,604 Cr.
- P/E
- 12.8x
- P/B
- 2x
- 52-week range
- 119.07 – 178.48
- ROE
- 13%
- Dividend yield
- 0%
- Debt / equity
- 4.67
- Sector
- Finance
- Industry
- Non Banking Financial Company (NBFC)
- Listed on
- NSE, BSE
About
Fedbank Financial Services Limited is an India-based non-banking finance company (NBFC). The Company focuses on delivering inclusive financial solutions to underserved and emerging segments. The Company is engaged in the business of lending and has a diversified lending portfolio consisting of gold loans, loans against property, home loans, small and mid-size enterprises (SME) loans and wholesale finance. The Company also extends Micro Loans through tie-ups with sourcing and servicing agents. Its mortgage product portfolio includes small-ticket Loan Against Property (LAP) and home loans, and medium-ticket LAP offerings. Its gold loan product is specifically designed to meet short-term working capital needs, offering a dependable financing solution backed by a high-liquidity asset. Its products are tailored to the needs of traders, wholesalers, distributors, retailers, self-employed professionals, and small manufacturing enterprises, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Non Banking Financial Company (NBFC): 288 companies →Fedbank Financial Services against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)12.8 against a typical 22.5: cheaper than most peers (1st = cheapest).96th of 284
- Sales growth+34.4% against a typical +18.3% from a year earlier.102nd of 259
- Profit growth+63.7% against a typical +20.2% from a year earlier.66th of 214
- Share price, 3 months−4.1% against a typical −4.2%.129th of 258
- Size₹ 5,604 Cr. market value against a typical ₹ 43 Cr. (1st = largest).18th of 269
Latest announcements
Exchange filings and their impact on the company.
- 22 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesHigh impactVery positivePrice −4.2% on 23 OctRecord Q2 with 63% profit growth and 17% ROE backs 20-25% AUM growth and 3% ROA target.
Fedbank Financial Services held its Q2 FY27 earnings call after reporting PAT of Rs 130.8 crore, up 63% year-on-year, with ROA at 2.8% and record ROE at 17%. AUM grew 37% to Rs 22,035 crore on disbursements of Rs 6,676 crore, led by gold AUM up 77% to Rs 11,917 crore and mortgage AUM up 13.5% to Rs 9,982 crore, while credit cost stayed at 0.6% and GNPA at 1.8%. Management maintained FY27 guidance for 20-25% AUM growth and a 3% ROA target, with at least 150 more gold branches planned in H2.
- Q2 profit jumped 63% on 34% revenue growth with stable asset quality.
Fedbank Financial Services reported strong Q2 FY27 results with total income of Rs 719.8 crore, up 34% from last year, and net profit of Rs 130.8 crore, up 63% year-on-year. For the first half, revenue was Rs 1389 crore and profit was Rs 245 crore, up 58% year-on-year. Asset quality remained stable with gross NPA at 1.82% and net NPA at 1.18%, while the loan book grew to Rs 16,020 crore and capital adequacy stayed strong at 20.96%.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA+ by 3 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AA+ | Stable | 1 Apr 2026 |
| India Ratings | IND AA+ | Stable | 6 Mar 2026 |
| ICRA | — | — | 22 Dec 2025 |
| CARE | CARE AA+ | Stable | 8 Oct 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 1 Apr 2026 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 3,750 Cr. | |
| 6 Mar 2026 | Reaffirmed | IND AA+ | — | India Ratings | ₹ 7,491.7 Cr. | |
| 3 Feb 2026 | Reaffirmed | IND AA+ | — | India Ratings | ₹ 6,741.7 Cr. | |
| 22 Dec 2025 | Reaffirmed | — | — | ICRA | ₹ 2,000 Cr. | |
| 18 Dec 2025 | Reaffirmed | Crisil AA+ | — | CRISIL | ₹ 3,250 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 15 Oct 2026 | Financial Results | To consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026 |
| 25 Aug 2026 | Fund Raising | To consider Fund Raising |
| 15 Jul 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 28 Apr 2026 | Financial Results | To consider and approve the financial results for the Quarter and Financial Year ended March 31, 2026 |
| 3 Mar 2026 | Fund Raising | To Consider and approve the Issuance of Non- Convertible Debentures on Private Placement Basis |
| 15 Jan 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 413 | 408 | 477 | 513 | 530 | 536 | 517 | 535 | 555 | 616 | 670 | 719 |
| Interest | 176 | 173 | 202 | 214 | 221 | 216 | 218 | 214 | 208 | 239 | 273 | 288 |
| Expenses | 156 | 154 | 184 | 207 | 273 | 210 | 187 | 202 | 215 | 228 | 230 | 238 |
| Financing Profit | 82 | 80 | 91 | 92 | 36 | 111 | 112 | 120 | 132 | 149 | 167 | 193 |
| Financing Margin % | 20% | 20% | 19% | 18% | 7% | 21% | 22% | 22% | 24% | 24% | 25% | 27% |
| Other Income | 16 | 20 | 14 | 6 | 2 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 10 | 9 | 11 | 12 | 13 | 13 | 12 | 13 | 14 | 15 | 14 | 15 |
| Profit before tax | 88 | 91 | 94 | 86 | 25 | 99 | 100 | 107 | 118 | 135 | 153 | 178 |
| Tax % | 26% | 26% | 25% | 25% | 25% | 27% | 25% | 25% | 26% | 25% | 25% | 27% |
| Net Profit | 65 | 68 | 70 | 65 | 19 | 72 | 75 | 80 | 88 | 101 | 114 | 131 |
| EPS in Rs | 1.77 | 1.83 | 1.89 | 1.74 | 0.5 | 1.92 | 2.01 | 2.14 | 2.35 | 2.69 | 3.05 | 3.49 |
| Gross NPA % | 2.2% | 1.7% | 2% | 1.9% | 1.8% | 2% | 2% | 1.9% | 2.1% | 1.9% | 1.6% | 1.8% |
| Net NPA % | 1.7% | 1.3% | 1.6% | 1.5% | 1.1% | 1.2% | 1.2% | 1.3% | 1.4% | 1.3% | 1% | 1.2% |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- 26%
- 3 Years
- 24%
- TTM
- 21%
- 10 Years
- —
- 5 Years
- 41%
- 3 Years
- 22%
- TTM
- 77%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 12%
- 3 Years
- 12%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Fedbank Financial Services | ₹ 148.70 | ₹ 5,604 Cr. | 12.8x | 2x | 13% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Parvez Mulla
- Chief Executive Officer, Managing Director, Executive Director
- Chattapuram Venkatraman Ganesh
- Chief Financial Officer
- Parthasarathy Rajagopal Iyengar
- Compliance Officer, Company Secretary
Prices are delayed and for information only. Nothing on this page is investment advice.