Poonawalla up 7%

about 3 days ago
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Poonawalla Fincorp is among the top three gainers since the opening bell today morning and this is on the back of its stellar performance delivered in Q1FY26. The company posted healthy growth across all key metrics, from disbursements to profitability, while maintaining strong asset quality.

Its consolidated total disbursements rose 34% (YoY) to over Rs.5950 crore and Assets Under Management (AUM) crossed the Rs.22,100 crore mark, registering a growth of 32%.

Net Interest Income (NII) stood at approximately Rs.534 crore, up 28% and NIMs remained strong at over 10%. The company’s PAT was at Rs.256 crore, up 37%, driven by strong operating leverage and lower credit costs.

In terms of asset quality, GNPA was at 1.05% improving from 1.24% last year, and Net NPA at just 0.50%, down from 0.67%. Return ratios were strong, with Return on Assets (ROA) at 4.2% and Return on Equity (ROE) at 18.5%, reaffirming the company’s position as one of the most efficient and profitable NBFCs in India.

The management has guided an AUM growth of 30%, steady NIMs and GNPAs more than 1.2%.

The stock is doing very well even in this dull market, opening around 1% higher and rising almost 7% higher to an intraday high at Rs.441, with more buyers than sellers on the counter.

421.55 (+7.90)

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