Poonawalla Fincorp reported robust growth for Q3FY26, with Assets Under Management (AUM) increasing by 77.6% year-on-year to ₹55,017 crores. The company’s Return on Assets (ROA) reached 1.2%. Disbursements grew by 84% year-on-year, supported by new product offerings. The company aims for a long-term NCD contribution of 30%-35% to total borrowings. New AI initiatives are underway to amplify operational strengths.
Strong Financial Performance
Poonawalla Fincorp has demonstrated substantial financial growth in the third quarter of fiscal year 2026. Key highlights include:
- AUM grew to ₹55,017 crores, a 77.6% year-on-year increase and a 15.3% increase from the previous quarter.
- Total disbursements increased by 84% year-on-year.
- New products contribute 20% to disbursements in Q3FY26, up from 17% in the prior quarter.
Asset Quality and Credit Costs
The company reported improvements in asset quality and efficient risk management:
- Gross Non-Performing Assets (GNPA) improved to 1.51% in Q3FY26, down from 1.59% in the previous quarter.
- Stage-1 assets increased to 97.4%.
- Net Interest Margin (NIM), including fees and other income, was 8.62% in Q3FY26, up from 8.4% in Q2FY26.
Strategic Initiatives
Poonawalla Fincorp is actively implementing strategic initiatives to enhance its operations:
- Cost of borrowing reduced from 8.04% in Q1FY26 to 7.65% in Q3FY26.
- NCD contribution increased to approximately 30%-33% as of December 2025.
- 30 AI projects are now live, with a total tally of 57.
Business Segment Performance
Various business segments have shown significant progress:
- Prime personal loan business sees average monthly disbursements of nearly ₹430 crore.
- Gold loan monthly disbursements nearly doubled to ₹207 crore in December 2025.
- Commercial vehicle business delivered average monthly disbursement of ₹100 crores in Q3FY26.
- Education loan business logged over 16,000 files since launch.
Digital and AI Integration
The company is focused on leveraging digital marketing and AI to improve customer service and efficiency:
- Launching next-generation conversational AI platform for omnichannel customer service.
- Deepening the digital partner ecosystem and driving cost efficiency through technology-led innovations.
Commercial Business Growth
The commercial business AUM stands at approximately ₹33,700 crores, exhibiting robust growth.
Source: BSE
