Fusion Finance Management Guidance Tracker
8 forward-looking guidance items tracked across 2 quarters.
Growth
Management outlined a roadmap to cross ₹10,000 crore in AUM by FY27, leveraging existing infrastructure and branch network.
Q3 FY26MSME book to double to ~₹1,500 croreTrackedMSME AUM expected to grow from ~₹700 crore to ~₹1,500 crore, representing 15% of total AUM, with secured lending at 55% LTV.
Q4 FY26AUM target of ₹10,000 crore by March 2027TrackedManagement reiterated the aspiration to reach ₹10,000 crore AUM by March 2027, supported by calibrated growth and branch-level execution.
Margins
On a stable book, credit costs are expected to normalize in the range of 3.25% to 3.75%, based on current flow rates and leverage trends.
Q4 FY26Credit cost guidance of 2.5-3% for FY27TrackedManagement guided for a stable-state credit cost of 2.5-3% in FY27, with internal modeling trending towards 2.5% including MSME portfolio.
Q4 FY26OPEX growth capped at 4-5% in FY27TrackedTotal operating expenses for FY26 were ₹832 crore; management expects FY27 OPEX to increase by only 4-5% through rationalization initiatives.
Other
Targeting ₹50 crore per quarter in recoveries from the 60+ DPD pool, with ₹200 crore expected over the next four quarters.
Q4 FY26New LMS migration by end of August 2026ActiveThe company is migrating to an advanced loan management system, with UAT started in May 2026 and full rollout expected by August 2026.