Intimation w.r.t. Press Release
Awaiting price reaction for this filing.
Poonawalla Fincorp reported FY25 audited results with AUM of ₹35,631 crore, up 42.5% YoY and 15% QoQ, driven by expansion in personal, MSME, and consumer finance segments. Net Interest Income for the full year grew 23% YoY to ₹2,708 crore, while full-year PPoP was ₹1,417 crore (+2% YoY) weighed down by investments in new businesses. For Q4FY25, NII stood at ₹715 crore (+12% YoY) and PPoP was ₹333 crore. Asset quality remained stable with Gross NPA at 1.84% and Net NPA at 0.85%. The secured-to-unsecured on-book mix improved to 57:43 from 54:46 in the previous quarter. The company launched 6 new business lines including education, gold, and commercial vehicle loans, while pursuing an AI-first strategy and planning to add 400 branches. Capital Adequacy Ratio stood strong at 22.94%, well above the 15% regulatory minimum.
Strong AUM growth and an improving secured asset mix are positive, but muted PPoP growth of just 2% YoY suggests near-term margin pressure from heavy investment in new businesses. Management has clearly indicated that profitability scale-up is back-loaded to FY26-27, meaning investors should expect growth-led rather than earnings-led performance in the near term.