Intimation w.r.t. Audited Financial Results for the quarter and year ended March 31, 2026
POONAWALLA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Poonawalla Fincorp reported a strong turnaround with FY26 profit after tax of ₹541.81 crore compared to a loss of ₹98.34 crore in FY25. Total income surged 61% to ₹6,795.65 crore from ₹4,222.84 crore, driven by growth in interest income and fees. The company raised ₹1,500 crore via preferential issue to promoter and completed a ₹2,500 crore QIP in April 2026 post-balance sheet. Net cash used in operating activities worsened to ₹1,340.32 crore from ₹481.91 crore in the prior year. No dividend was declared as the board decided to conserve capital. Joint statutory auditors Kirtane & Pandit LLP completed their term and B.K. Khare & Co. has been appointed as new joint auditor subject to shareholder approval.
The company showed a dramatic turnaround from loss to profit with strong revenue growth, though negative operating cash flow raises concerns about cash generation ability. Capital raising activities (preferential issue + QIP) signal healthy growth ambitions. No dividend may disappoint income-focused investors.