Poonawalla Fincorp Q4FY26 Results: Net Profit Jumps 309% To ₹255 Crore

Poonawalla Fincorp closed FY26 on a strong note, reporting a 309% year-on-year jump in net profit for the March quarter. Assets under management crossed ₹60,000 crore for the first time.

Poonawalla Fincorp shares gained more than 3% on Wednesday, trading at ₹452 at 10:45 AM.

The company’s total revenue from operations stood at ₹2,115.49 crore, up 81.4% from ₹1,166.27 crore in the year-ago period. Net interest income grew 72% to ₹1,050 crore.

Key Q4 Numbers At A Glance

• Net profit: ₹255 crore, up 309% year-on-year (YoY).

• Revenue from operations: ₹2,115.49 crore, up 81.4% YoY.

• Total expenses: ₹1,779.32 crore, up 62.8% YoY.

• Net interest income: ₹1,050 crore, up 72% YoY.

• Assets under management: ₹60,348 crore.

• Gross non-performing assets: 1.44%, down 7 basis points.

• Net non-performing assets: 0.74%.

Capital Raise

The company opened a qualified institutional placement to raise ₹2,500 crore, with the board setting a floor price of ₹390.26 per equity share. The indicative issue price was ₹370.75, a 7.7% discount to the then-prevailing market price.

The board had also approved plans in January 2026 to raise up to ₹5,500 crore through this route alongside its Q3 results.

Asset Quality

The credit book is holding up. Gross non-performing assets fell 7 basis points to 1.44%. Net non-performing assets stood at 0.74%. Both numbers point to a lending business that is growing fast without letting underwriting discipline slip, which is the harder part of the equation to get right at this pace of expansion.

FY27 Priorities

For the year ahead, the company has flagged three areas of focus: more than doubling the consumer durables franchise, expanding the gold loan network further and scaling the business loans segment digitally.

Also Read - L&T Q4 FY26 Results: Profit Slips 3% To ₹5,326 Crore; ₹38 Dividend Announced; Shares Fall

Management Comment

Arvind Kapil, Managing Director and Chief Executive Officer, said the business has reached an inflection point where yield expansion and operational efficiency are working together to drive margin growth.

Sources:

CNBC

NDTV