Fusion Finance Limited

Founded in 1994 and headquartered in Delhi, India.

1994 | Delhi (India) | Active
Last Updated: November 17, 2024

Fusion Finance Profile

Key Indicators

  • Authorised Capital ₹ 200.00 Cr
  • Paid Up Capital ₹ 101.02 Cr
  • Company Age 30 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16,946.90 Cr
  • Satisfied Charges ₹ 12,973.76 Cr
  • Revenue Growth 49.83%
  • Profit Growth 1679.57%
  • Ebitda 121.04%
  • Net Worth 73.54%
  • Total Assets 28.44%

About Fusion Finance

Fusion Finance Limited (FFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 September 1994 and has a history of 30 years and five months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543652.

The Corporate was formerly known as Fusion Micro Finance Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 200.00 Cr and a paid-up capital of Rs 101.02 Cr.

The company currently has active open charges totaling ₹16,946.90 Cr. The company has closed loans amounting to ₹12,973.76 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Fusion Finance Limited India are Gaurav Maheshwari as Cfo, Deepak Madaan as Company Secretary, and Devesh Sachdev as Ceo. Pankaj Vaish, Namrata Kaul, Kenneth Weele, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L65100DL1994PLC061287

  • Company No.

    061287

  • Stock Symbol

    BSE : 543652

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 1994

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Financial Services

Who are the key members and board of directors at Fusion Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Devesh Sachdev Country flag representing In Managing Director05-Nov-2009Current
Gaurav Maheshwari Country flag representing In CFO16-Feb-2017Current
Deepak Madaan Country flag representing In Company Secretary01-Jun-2013Current

Board Members (5)

NameDesignationAppointment DateStatus
Ratna Vishwanathan Country flag representing In Director 24-May-2018Current
Pankaj Vaish Country flag representing In Director 22-Sep-2021Current
Narendra Ostawal Country flag representing In Nominee Director 05-Dec-2018Current
Namrata Kaul Country flag representing In Director 18-Feb-2020Current
Kenneth Weele Country flag representing Us Nominee Director 12-Aug-2016Current

Financial Performance of Fusion Finance.

Fusion Micro Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.83% increase. The company also saw a substantial improvement in profitability, with a 1679.57% increase in profit. The company's net worth Soared by an impressive increase of 73.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
49.83%
Revenue from Operations
51.31%
Total Assets
28.44%
Profit or Loss
1679.57%
Net Worth
73.54%
EBITDA
121.04%

What is the Ownership and Shareholding Structure of Fusion Finance?

In 2022, Fusion Finance had a promoter holding of 85.57% and a public holding of 14.43%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16,946.90 Cr

Satisfied Charges

₹12,973.76 Cr

Charges Breakdown by Lending Institutions

  • Others : 9131.90 Cr
  • Axis Bank Limited : 1700.00 Cr
  • Yes Bank Limited : 1250.00 Cr
  • Hdfc Bank Limited : 1150.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 1090.00 Cr
  • Others : 2625.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2024Axis Bank Limited₹600.00 CrOpen
19 Sep 2024Others₹50.00 CrOpen
17 Sep 2024Others₹25.03 CrOpen
07 Sep 2024Bank Of India₹75.00 CrOpen
29 Aug 2024Others₹75.00 CrOpen

How Many Employees Work at Fusion Finance?

Fusion Finance has a workforce of 12403 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fusion Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fusion Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fusion Finance

Recent activity within the organization

  • Charges

    A charge registered on 15 Nov 2021 via Charge ID 100501226 with Canara Bank was fully satisfied on 05 Nov 2024.

    05 Nov 2024

  • Charges

    A charge registered on 23 Sep 2022 via Charge ID 100620242 with Others was fully satisfied on 29 Oct 2024.

    29 Oct 2024

  • Charges

    A charge registered on 20 Sep 2022 via Charge ID 100624349 with Others was fully satisfied on 15 Oct 2024.

    15 Oct 2024

  • Charges

    A charge with Others of Rs. 208.40 Cr registered on 28 Mar 2024 with Charge ID 100891351 was modified on 14 Oct 2024.

    14 Oct 2024

  • Charges

    A charge registered on 15 Sep 2022 via Charge ID 100615863 with Others was fully satisfied on 10 Oct 2024.

    10 Oct 2024

  • Charges

    A charge registered on 15 Jun 2022 via Charge ID 100583904 with Others was fully satisfied on 09 Oct 2024.

    09 Oct 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Fusion Finance Limited was incorporated on 05 Sep 1994.

  • The authorized share capital of Fusion Finance Limited is ₹ 200.00 Cr and paid-up capital is ₹ 101.02 Cr.

  • Currently 9 directors are associated with Fusion Finance Limited.

    • Pankaj Vaish
    • Namrata Kaul
    • Kenneth Dan Vander Weele
    • Devesh Sachdev
    • Narendra Ostawal
    • Ratna Dharashree Vishwanathan
    • Gaurav Maheshwari
    • Deepak Madaan
    • Devesh Sachdev
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fusion Finance Limited is H-1 C Block Community Centre Naraina Vihar, India, New Delhi, 110028.

  • The corporate identification number (CIN) of Fusion Finance Limited is L65100DL1994PLC061287 and the company number is 061287 as per Ministry of Corporate Affairs (MCA).

  • Yes, Fusion Finance Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Fusion Finance Limited is https://www.fusionmicrofinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fusion Finance Limited has risen by 49.83%.

  • As Per 2023 financial reports, 12403 employees are currently employed by Fusion Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fusion Finance Limited has experienced an upsurge of 73.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fusion Finance Limited amount to ₹ 16,946.90 Cr.

  • The most recent Balance Sheet for Fusion Finance Limited was filed with the ROC on 31 Mar 2024.

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