Outcome of Board Meeting held on May 05, 2026
POONAWALLA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Poonawalla Fincorp reported strong FY2026 results with total income of Rs 6,795.65 crore, up 61% from Rs 4,222.84 crore in FY2025. The company swung from a loss of Rs 98.34 crore to profit after tax of Rs 541.81 crore, with basic EPS of Rs 6.84 versus negative Rs 1.27 previously. Total assets grew to Rs 60,271.56 crore from Rs 34,944.66 crore, driven by loan book expansion to Rs 55,951.49 crore. The board declared no dividend to conserve capital for growth. New auditors B. K. Khare & Co. will replace Kirtane & Pandit LLP from the 46th AGM scheduled for July 24, 2026. The company raised Rs 1,499.98 crore via preferential issue to promoter and an additional Rs 2,500 crore through QIP post-year-end.
Strong turnaround from loss to profit with 61% revenue growth demonstrates robust business performance. The negative operating cash flow of Rs 21,785.59 crore reflects aggressive loan disbursements which could concern some investors, though the capital raise mitigates funding risk.