Intimation w.r.t. Investor presentation
Awaiting price reaction for this filing.
Poonawalla Fincorp filed its Q4FY25 investor presentation showing AUM grew 42.5% YoY to ₹35,631 Cr, with secured-to-unsecured mix improving to 57:43 from 49:51. FY25 NII rose 23% YoY to ₹2,708 Cr, while PPoP was nearly flat at ₹1,417 Cr due to investments in new businesses. FY25 PAT was a loss of ₹(98) Cr, hit by a one-time accelerated provision of ₹666 Cr on the erstwhile STPL book in Q2FY25 and one-time Opex of ₹71 Cr. Q4FY25 showed sequential improvement with PAT of ₹62 Cr (vs ₹19 Cr in Q3FY25), NII up 6% QoQ to ₹715 Cr, and credit cost down 27% QoQ. Asset quality remained stable with GNPA at 1.84%, PCR improved to 54.47%, and CAR was healthy at 22.94%. Management reiterated plans to launch 400 branches (including gold loan branches) in FY26 and aspires for 5-6x AUM growth over the next 5 years, with Opex-to-AUM expected to stabilise by Q4FY26.
The presentation reinforces a growth story backed by strong AUM expansion and stabilising asset quality, but FY25 profitability was weighed down by one-time STPL provisions. Sequential Q4 improvement and forward guidance on operational efficiency and multi-year AUM targets are positive signals for investors, though execution of the 400-branch and 5-6x AUM ambition will be key things to watch.