Poonawalla Fincorp Limited reported a strong financial performance for the year ended March 31, 2026, achieving a consolidated annual profit of ₹541.81 crore. The company has decided to conserve capital, declaring no dividend for FY 2025-26 to support future growth. Additionally, the Board has announced the upcoming 46th Annual General Meeting scheduled for July 24, 2026, and confirmed a transition in its Joint Statutory Auditors to B. K. Khare & Co.
Financial Performance Overview
For the financial year ended March 31, 2026, Poonawalla Fincorp delivered robust growth, reporting a consolidated net profit of ₹541.81 crore. This marks a significant turnaround compared to the previous year’s loss of ₹98.34 crore. The total income for the year stood at ₹6,795.65 crore, reflecting the company’s expanded operational reach and improved asset quality. For the final quarter of the fiscal year (Q4), the company recorded a consolidated profit of ₹254.79 crore.
Strategic Capital Allocation
In a move to fuel sustained expansion and long-term value creation, the Board of Directors has decided to prioritize capital conservation. Consequently, no dividend has been declared for the financial year 2025-26. This decision ensures that the company retains sufficient internal accruals to support its aggressive growth strategy and meet future capital requirements in the evolving financial landscape.
Leadership and Auditor Transition
The company has finalized plans for its 46th Annual General Meeting (AGM), which will be held on July 24, 2026, via video conferencing. A key agenda item for shareholders is the appointment of B. K. Khare & Co. as the new Joint Statutory Auditors. They are set to hold office from the conclusion of the 46th AGM until the conclusion of the 49th AGM, succeeding Kirtane & Pandit LLP, whose term will conclude at the upcoming meeting.
Operational Highlights
Poonawalla Fincorp continues to maintain a healthy balance sheet with a Total Debt to Total Assets ratio of 0.80. The company’s focus on high-quality lending is reflected in its strong sector-specific ratios, with a Gross Stage 3 percentage of 1.44% and a Net Stage 3 percentage of 0.74% as of the end of the fiscal year. These figures underscore the company’s commitment to robust risk management practices while scaling its lending operations.
Source: BSE
