Fino Paytech Latest News - FY24 Results Are Out | Should you invest in Fino Paytech Limited Pre IPO?

In FY24, Fino Paytech Unlisted Shares saw a 16% growth in revenue, rising from ₹1,291 crore to ₹1,497 crore. Additionally, profits jumped by 61%, from ₹50 crore to ₹81 crore.

Moreover, Fino Paytech Limited has taken significant steps to strengthen its business:

First, it is undergoing corporate restructuring to simplify and make its group structure more efficient.
Second, the company aims to expand financial inclusion by leveraging its technology platform to deliver financial services to more people.
Lastly, Fino Paytech is expanding its client base across various sectors.
The company's P/B multiple is 1.32x, whereas its peers have a median P/B of 2.08x, indicating that this could be a slightly undervalued opportunity.

For now, you can hold on to Fino Paytech Pre IPO shares, but we do not recommend any new investments at this time, as better opportunities may be available.

For more advice, call Planify.

About Fino Paytech Limited:

FINO PayTech Limited ("Fino") offers to design and implement technology solutions for banks, microfinance institutions (MFIs), insurance companies, government entities, and consultants in India. The Group includes a Non-Banking Financial Company - Non-Deposit Accepting or Holding Company ('NBFC-ND') registered with the Reserve Bank of India ('RBI').

Join Us For all the latest updates about startups, preipo and unicorns.

Keep yourself updated with the market situation.

Join us on Facebook​

LinkedIN​

Twitter​

Instagram​

Telegram​

Contact us at +91 7065560002 via Whatsapp/Normal call

Or Mail us at help@planify.in

⬇️ Download the app for easy access. Links are given below:

​Planify iPhone App​

​Planify Android App