Poonawalla Fincorp’s board approved its Q3 2026 results, reporting revenue from operations of ₹1,818.42 crore. Additionally, the board in-principally approved raising up to ₹5,500 crore through equity share issuance via qualified institutions placement. Vikas Pandey has been appointed as an Additional and Whole-time Director. The company also plans to issue non-convertible debt securities up to ₹20,000 Crore for FY 2026-27.
Q3 2026 Financial Performance
Poonawalla Fincorp announced its unaudited standalone and consolidated financial results for Q3 2026. Key highlights include:
-
Revenue from operations: ₹1,818.42 crore
-
Profit before tax: ₹200.21 crore
-
Profit after tax: ₹150.22 crore
Fundraising Approval
The board has given in-principle approval to raise funds up to ₹5,500 crore through the issuance of equity shares via qualified institutions placement or other permissible modes. This is subject to shareholder approval and other regulatory clearances.
Appointment of Additional Director
Mr. Vikas Pandey has been appointed as an Additional Director and Whole-time Director (Executive Director) of the Company for a term of five years effective January 16, 2026, subject to shareholder approval. Mr. Pandey will also serve as a Key Managerial Personnel.
Debt Issuance Plans
The board approved raising funds through the issuance of non-convertible debt securities on a private placement basis for the financial year 2026-27, up to an amount of ₹20,000 Crore.
Key Financial Ratios
-
Debt-equity ratio: 4.23 (Consolidated)
-
Net margin: 8.26% for Q3 2026 (Consolidated)
-
Gross Stage 3: 1.51%
-
Net Stage 3: 0.80%
Source: BSE
