Poonawalla Fincorp Reports Strong Q4 Growth And Improved Asset Quality
ECONOMY & POLICY

Poonawalla Fincorp Reports Strong Q4 Growth And Improved Asset Quality

Poonawalla Fincorp reported audited results for the quarter and year ended 31 March 2026, with assets under management at Rs 603,480 million (mn). Net interest income rose by 78.5 per cent year on year to Rs 12,760 mn, and profit after tax increased 69.6 per cent quarter on quarter to Rs 2,550 mn. Secured-to-unsecured on-book mix remained at 54 to 46.

Operating profitability improved materially as pre-provision operating profit reached Rs 6,950 mn, up 108.7 per cent year on year, and net interest margin widened to 9.05 per cent in the quarter from 8.62 per cent in the prior quarter, an improvement of forty three basis points. Asset quality stayed stable with gross non-performing assets at 1.44 per cent and net non-performing assets at 0.74 per cent. Credit cost as a percentage of average AUM eased to 2.51 per cent.

Capital adequacy was reported at 16.83 per cent with Tier one at 15.90 per cent, comfortably above the regulatory requirement of 15 per cent; following a successful Rs 25,000 million capital raise through qualified institutional placement, the simulated capital adequacy ratio on the March balance sheet stands at 20.74 per cent. Liquidity buffer was Rs 75,900 mn on 31 March, and cost of borrowing for the quarter was 7.63 per cent, two basis points lower than the prior quarter. The company added nineteen new artificial intelligence projects in the quarter, taking the pipeline to 76 with 42 implemented, and it employed 5,860 people as of the same date.

The chief executive described the results as evidence of an inflection point driven by higher yields, operating optimisation and declining credit costs, and indicated continued strategic investment to sustain long term profitability. The lender continues to focus on consumer and micro small and medium enterprise finance while offering products including loan against property, gold loans, personal and education loans, commercial vehicle and pre owned car finance. Management said it sees adequate headroom for growth given the strengthened capital position.

Poonawalla Fincorp reported audited results for the quarter and year ended 31 March 2026, with assets under management at Rs 603,480 million (mn). Net interest income rose by 78.5 per cent year on year to Rs 12,760 mn, and profit after tax increased 69.6 per cent quarter on quarter to Rs 2,550 mn. Secured-to-unsecured on-book mix remained at 54 to 46. Operating profitability improved materially as pre-provision operating profit reached Rs 6,950 mn, up 108.7 per cent year on year, and net interest margin widened to 9.05 per cent in the quarter from 8.62 per cent in the prior quarter, an improvement of forty three basis points. Asset quality stayed stable with gross non-performing assets at 1.44 per cent and net non-performing assets at 0.74 per cent. Credit cost as a percentage of average AUM eased to 2.51 per cent. Capital adequacy was reported at 16.83 per cent with Tier one at 15.90 per cent, comfortably above the regulatory requirement of 15 per cent; following a successful Rs 25,000 million capital raise through qualified institutional placement, the simulated capital adequacy ratio on the March balance sheet stands at 20.74 per cent. Liquidity buffer was Rs 75,900 mn on 31 March, and cost of borrowing for the quarter was 7.63 per cent, two basis points lower than the prior quarter. The company added nineteen new artificial intelligence projects in the quarter, taking the pipeline to 76 with 42 implemented, and it employed 5,860 people as of the same date. The chief executive described the results as evidence of an inflection point driven by higher yields, operating optimisation and declining credit costs, and indicated continued strategic investment to sustain long term profitability. The lender continues to focus on consumer and micro small and medium enterprise finance while offering products including loan against property, gold loans, personal and education loans, commercial vehicle and pre owned car finance. Management said it sees adequate headroom for growth given the strengthened capital position.

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement