Poonawalla Fincorp announced a strong Q3FY26, marked by AUM growth of 78% YoY. Key highlights include PAT increasing 102.5% QoQ to ₹150 Cr, a secured on-book mix at 56%, and improved asset quality with a reduction in Gross NPA. The company also saw enhanced distribution reach with 294+ branches and significant contributions from new product launches. This performance reflects strategic investments and successful product incubation.
Financial Highlights of Q3FY26
Poonawalla Fincorp reported robust financial results for Q3FY26, showcasing significant growth across key metrics:
- AUM Growth: 78% YoY
- Net Interest Income (NII): ₹1,080 Cr
- Profit After Tax (PAT): ₹150 Cr, a 102.5% QoQ increase
Key Growth Drivers
The company’s strong performance was underpinned by several strategic factors:
- Investments in branches, technology and management depth
- Contribution of new products to 11% of overall AUM
- Secured on-book mix at 56%
- Improved Asset quality with reduction of 8 bps in Gross NPA
Business Updates and Expansion
Poonawalla Fincorp continues to expand its reach and diversify its offerings:
- Healthy average monthly disbursement of ~₹430 crores in Q3FY26 for PL Prime.
- On track to launch 400 branches by March-26 for Gold Loan.
- Present at 10,500+ dealers across ~190 locations for Consumer Durable.
- CV business expands to 55 strategic locations across 12 states.
Capital Augmentation and Future Outlook
- Raised ₹1,500 Cr from Promoters during Q2FY26
- The company seeks to continue growing AUM at ~35-40% CAGR over the next couple of years
- Plans to do capital raise of upto ₹5,500 Cr to support growth aspirations
Asset Quality and Credit Ratings
- Improved Asset Quality with 8 bps lower GNPA at 1.51%; NNPA at 0.80%.
- PCR stands at 47.75%.
- Credit cost as a percentage to average AUM has remained stable at 2.62%.
- Highest credit rating – AAA
Strategic Initiatives and Digital Transformation
The company is focused on adopting a digital and data-driven approach to enhance operational efficiencies and customer experience. This includes leveraging AI and analytics to streamline collections, improve risk management, and personalize customer interactions.
Source: BSE
