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Poonawalla Fincorp Reports 53% YoY AUM Growth, Deploys AI Solutions Across Operations 1 day ago Yesterday

Poonawalla Fincorp Limited (PFL) reported 53% year-on-year AUM growth to Rs. 41,273.00 crores. Disbursements increased 13.6% quarter-on-quarter to Rs. 10,651.00 crores. Credit costs improved, decreasing to 2.61%. Asset quality remained stable with GNPA at 1.84% and NNPA at 0.85%. The Board approved a Rs. 1,500.00 crores equity capital infusion from promoters. PFL expanded its product portfolio and distribution network, particularly in gold loans. The company deployed four AI-led solutions across operations and finance functions. Managing Director & CEO Arvind Kapil expressed confidence in maintaining high growth trajectory while balancing risk levels.

Poonawalla Fincorp Deploys Four AI Solutions to Enhance Operations and Finance 2 days ago

Poonawalla Fincorp Reports 79% Drop in Q1 Net Profit Despite 34% Revenue Growth 5 days ago

Poonawalla Fincorp Targets Over 40% AUM Growth in FY26, Plans Rs 1,500 Crore Capital Infusion 5 days ago

Poonawalla Fincorp Reports Robust 53% YoY AUM Growth in Q1 FY26; Promoter to Infuse ₹1,500 Crore 7 days ago

More news about Poonawalla Fincorp

25Jul 25

Poonawalla Fincorp Reports Strong 53% YoY AUM Growth to ₹41,273 Crore in Q1 FY26

Poonawalla Fincorp Limited announced robust Q1 FY26 results. Assets Under Management grew 53% YoY to ₹41,273 crore. Net Interest Income increased 13.6% YoY to ₹768 crore. PAT stood at ₹63 crore. GNPA remained stable at 1.84% and NNPA at 0.85%. The company maintained a balanced portfolio with a 57:43 secured to unsecured mix. New business initiatives showed healthy traction. The Board approved raising ₹1,500 crore via preferential equity issue to the promoter. The company's strong performance and capital infusion position it well for future growth in the NBFC sector.

25Jul 25

Poonawalla Fincorp Reports Robust 53% YoY AUM Growth in Q1 FY26; Promoters to Infuse ₹1,500 Crore

Poonawalla Fincorp Limited announced Q1 FY26 results with 53% YoY AUM growth to ₹41,273 crore. Net Interest Income increased 13.6% YoY to ₹768 crore. The company maintained stable asset quality with 1.84% Gross NPA and 20.55% Capital Adequacy Ratio. Board approved ₹1,500 crore capital infusion via preferential equity issue to promoter. New product launches including PL Prime, Gold Loan, and Commercial Vehicle Loan showed positive traction, contributing 11% to total disbursements.

25Jul 25

Poonawalla Fincorp Reports Robust 53% YoY AUM Growth; Promoters to Infuse ₹1,500 Crore

Poonawalla Fincorp Limited announced strong Q1 FY24 results with 53% YoY AUM growth to ₹41,273 crore. Net Interest Income grew 13.6% YoY to ₹768 crore. The Board approved a ₹1,500 crore capital infusion through preferential equity issuance to the promoter. The company increased its debt securities fundraising limit to ₹20,000 crore. New product launches in consumer durables, gold loans, commercial vehicles, and education loans showed positive traction. The company maintained strong asset quality with Gross NPA at 1.84% and Net NPA at 0.85%.

25Jul 25

Poonawalla Fincorp Reports Q1 Results, Approves Rs 1,500 Crore Preferential Allotment and Doubles Debt Limit

Poonawalla Fincorp reported a profit after tax of Rs 62.60 crore for Q1, with total income rising to Rs 1,314.01 crore. The company's Board approved raising Rs 1,499.99 crore through preferential allotment to promoter Rising Sun Holdings, potentially increasing promoter shareholding to 63.99%. The Board also doubled the limit for raising funds through Non-Convertible Debt Securities to Rs 20,000 crore and increased borrowing limits to Rs 75,000 crore, subject to approvals.

21Jul 25

Poonawalla Fincorp to Consider Equity Fundraising and Doubling Debt Limit to ₹20,000 Crore

Poonawalla Fincorp Limited's board will meet on July 25, 2025, to discuss two major financial proposals. The first involves raising funds through equity shares on a preferential basis. The second proposal aims to increase the limit for raising funds through Non-Convertible Debt Securities from ₹10,000.00 crore to ₹20,000.00 crore for FY 2025-2026. The company's trading window will remain closed until July 27, 2025, to prevent insider trading.

10Jul 25

Poonawalla Fincorp to Raise ₹1,500 Crore via Private Placement of NCDs

Poonawalla Fincorp has announced plans to raise ₹1,500.00 crore through a private placement of secured non-convertible debentures (NCDs). This strategic move aims to strengthen the company's capital base, potentially supporting business expansion, debt refinancing, or balance sheet improvement. The substantial fundraising indicates significant growth plans and suggests market confidence in the company's prospects. The use of secured NCDs may offer a lower risk profile for investors.

04Jul 25

Poonawalla Fincorp's AUM Soars 52.9% YoY, Launches Six New Businesses

Poonawalla Fincorp's Assets Under Management (AUM) reached ₹41,250.00 crores, showing a 52.9% year-on-year growth and 15.8% quarter-on-quarter growth. The company maintains a strong liquidity position of ₹4,450.00 crores. Additionally, Poonawalla Fincorp has launched six new businesses, which have received positive market response.

20Jun 25

Poonawalla Fincorp Unveils ₹1,600 Crore NCD Issuance Plan

Poonawalla Fincorp has announced plans to raise ₹1,600 crores through Non-Convertible Debentures (NCDs). The issuance will be structured in two equal tranches of ₹800 crores each. This move aims to strengthen the company's capital base and potentially fund expansion of lending operations, refinance existing debt, or support business growth initiatives. The success of the NCD issuance may depend on market conditions, interest rates, the company's credit rating, and investor sentiment towards the financial services sector.

09Jun 25

Poonawalla Fincorp Approves Rs 500 Crore NCD Issuance, Launches 24/7 Digital Business Loans for MSMEs

Poonawalla Fincorp's Board approved raising Rs 500 crore through private placement of Non-Convertible Debentures (NCDs). The company will issue 50,000 NCDs with a face value of Rs 1 lakh each. This is part of a larger Rs 2,500 crore NCD issuance plan. The company's stock hit an 11-month high following the announcement. Additionally, Poonawalla Fincorp introduced 'Business Loan 24/7', a fully digital loan solution for MSMEs, offering round-the-clock application and approval without branch visits or physical documents.

09Jun 25

Poonawalla Fincorp Revolutionizes MSME Lending with 24/7 Digital Business Loans

Poonawalla Fincorp has introduced a 24/7 digital business loan service for Micro, Small, and Medium Enterprises (MSMEs). The service offers round-the-clock access to business loans through a fully digital, paperless process. This initiative aims to streamline loan approvals and disbursements, potentially reducing waiting times from weeks to hours. The service addresses the crucial need for timely credit access in the MSME sector, which is vital to the Indian economy.

02Jun 25

Poonawalla Fincorp to Bolster Capital Base with Rs 300 Crore Tier II NCD Issue

Poonawalla Fincorp has announced plans to raise Rs 300 crore by issuing Tier II Non-Convertible Debentures (NCDs) via private placement. This strategic move aims to strengthen the company's capital position, potentially improving its capital adequacy ratio and providing funds for growth opportunities. The initiative aligns with industry trends of maintaining robust capital buffers and may indicate investor confidence in the company's stability and prospects.

23May 25

Poonawalla Fincorp Secures Approval for ₹2,500 Crore NCD Issuance

Poonawalla Fincorp has received approval to raise ₹2,500 crore through Non-Convertible Debentures (NCDs) via private placement. The issuance comprises two series: Series 'B2' with a base issue of ₹1,125 crore and a green-shoe option of ₹375 crore, and Series 'B1' with a base issue of ₹500 crore and a green-shoe option of ₹500 crore. This fundraising effort is expected to enhance the company's liquidity, support growth opportunities, and reflects strong investor confidence in its business model.

22May 25

Poonawalla Fincorp Embraces AI to Boost Customer Engagement and Compliance

Poonawalla Fincorp announces a major AI-driven transformation to improve customer engagement and compliance processes. The company is leveraging AI technologies to provide personalized customer experiences, improve response times, and boost satisfaction. In compliance, AI systems will be used to detect and prevent potential regulatory issues. This move is expected to streamline operations, increase efficiency, and allow staff to focus on higher-value tasks. Poonawalla Fincorp's AI adoption could set a new standard in the financial services sector.

14May 25

Poonawalla Fincorp Approves Rs 750 Crore NCD Issuance

Poonawalla Fincorp has approved the issuance of non-convertible debentures (NCDs) worth up to Rs 750 crore through private placement. The base issue is set at Rs 250 crore with a green-shoe option of Rs 500 crore. The NCDs will be secured, redeemable, rated, and listed, with a face value of Rs 1 lakh per debenture. While the specific purpose of the capital raise is not stated, it could potentially be used for expansion, refinancing, working capital, or technology investment.

28Apr 25

Poonawalla Fincorp Revolutionizes Debt Management with AI-Powered Platform

Poonawalla Fincorp Limited (PFL) has implemented an advanced AI-powered debt management platform on April 28, 2025. The platform enhances efficiency through autonomous data analysis, multi-channel intervention, and reduced manual effort. It enables over 100 micro-strategies for customer engagement and reduces customer engagement time from 3-4 days to under 3 hours post-delinquency. The AI-driven system offers 2-3 times sharper risk assessment and includes GenAI-enabled call auditing for compliance. PFL reports an AUM of ₹35,631.00 crore as of March 31, 2025, with operations in 18 states and 2 Union Territories.

28Apr 25

Poonawalla Fincorp Reports 81% YoY Decline in Q4 Profit Despite AUM Growth

Poonawalla Fincorp's Q4 FY2023 results show an 81% YoY decline in net profit to Rs 62.33 crore, attributed to doubled expenses. However, the company reported positive growth in other areas, with Net Interest Income rising 12% YoY to Rs 715.00 crore and Assets Under Management growing 43% YoY to Rs 35,631.00 crore. The Gross Non-Performing Assets ratio improved slightly to 1.84%, while the Capital Adequacy Ratio stood at 22.94%. The company launched six new businesses during the period and improved its on-book mix to 57%.

25Apr 25

Poonawalla Fincorp Reports Robust 42.5% YoY Growth in AUM, Launches New Business Initiatives

Poonawalla Fincorp Limited announced a 42.5% year-over-year increase in Assets Under Management, reaching ₹35,631.00 crore for FY2025. Net Interest Income grew by 23% to ₹2,708.00 crore. The company launched six new business initiatives and plans to open 400 new branches. It maintains a strong focus on AI implementation with 7 solutions completed and 18 in progress. Asset quality remained stable with a Gross NPA of 1.84% and Net NPA of 0.85%, while the Capital Adequacy Ratio stood at 22.94%.

25Apr 25

Poonawalla Fincorp: Q4 Profit Declines 81% Despite NII Growth; AUM Expands 43% YoY in FY25

Poonawalla Fincorp Limited announced its Q4 and FY25 results, showing a 43% year-over-year increase in Assets Under Management (AUM). However, the company faced profitability challenges with Profit After Tax (PAT) declining by 81.19% to ₹62.30 crore. Net Interest Income (NII) grew by 11.70% to ₹707.90 crore. The Gross Non-Performing Assets (GNPA) ratio stood at 1.84%, while the Net Non-Performing Assets (NNPA) ratio was 0.85%. The company maintained a debt-to-equity ratio of 3.2x and reported an improved secured-to-unsecured mix in its portfolio.

22Apr 25

Poonawalla Fincorp Expands Retail Lending with Consumer Durables Loans and Digital EMI Card

Poonawalla Fincorp Limited (PFL) has entered the retail lending segment with consumer durables loans and a digital EMI card. The company offers instant, point-of-sale loans with digital onboarding and 5-minute loan sanctions. PFL plans to expand to 70 locations across India, partner with 5,000 dealers, and collaborate with leading OEMs. The move aims to accelerate customer acquisition and enhance profitability in the growing consumer finance market, with a focus on Tier 2 and Tier 3 cities. PFL is also implementing real-time disbursements for dealers to improve the settlement process.

22Apr 25

Poonawalla Fincorp Expands into Consumer Durables Loans Market, Aiming for Accelerated Growth

Poonawalla Fincorp Limited (PFL) has launched its Consumer Durables Loans business, introducing a digital EMI card with pre-approved limits. The company aims to expand into 70 locations across key metros, Tier 2, and Tier 3 cities, collaborating with 5,000 dealers. The new offering provides faster loan sanctions within 5 minutes, flexible EMI structures, and competitive interest rates. PFL sees this move as an opportunity to accelerate customer acquisition and unlock high-yield growth in the rapidly growing consumer durables financing market, which currently has a 30% penetration rate.

16Apr 25

Poonawalla Fincorp Expands Portfolio: Approves ₹1,875 Crore NCD Issuance, Launches Gold Loan Business, and Plans 400 New Branches

Poonawalla Fincorp Limited (PFL) has announced several strategic moves. The company's board approved a ₹1,875 crore Non-Convertible Debenture (NCD) issuance. PFL also launched its Gold Loan Business on April 15, offering quick approvals and minimal documentation. To support this new venture, the company plans to open 400 new branches in Tier 2 and 3 cities over the next four quarters. As of March 31, 2025, PFL reported an AUM of approximately ₹35,550 crore, with operations across 18 states and 2 Union Territories.

15Apr 25

Poonawalla Fincorp Expands Portfolio with Gold Loans, Plans 400 New Branches, and Approves NCD Issuance

Poonawalla Fincorp Limited (PFL) has launched its gold loan business, offering fast approvals and minimal documentation. The company plans to open 400 new branches over the next four quarters, focusing on Tier 2 and 3 markets. PFL's board has approved the issuance of non-convertible debentures (NCDs) worth ₹18.75 billion. Additionally, the company granted 155,000 stock options to employees under its Employee Stock Option Plan-2022-Scheme-II.

08Apr 25

Poonawalla Fincorp Unveils Shopkeeper Loan Business to Empower Small Retailers

Poonawalla Fincorp Limited (PFL) has introduced a Shopkeeper Loan Business on April 8, 2025, targeting small retailers and kirana stores across India. The initiative aims to provide accessible funding for cash flow management, inventory financing, and customer management. Initially operating in 44 locations, this marks PFL's fourth new business venture, aligning with its goal to become the preferred financier for the self-employed segment. The company reported Assets Under Management of ₹35,550.00 crore as of March 31, 2025, with a presence in 18 states and 2 Union Territories.

03Apr 25

Poonawalla Fincorp Reports Impressive 42% YoY Growth in Assets Under Management

Poonawalla Fincorp Limited announced significant growth in Assets Under Management (AUM) for Q4 FY2023. AUM reached ₹35,550 crore as of March 31, 2023, showing 42% YoY and 14.7% QoQ growth. The company maintains a strong liquidity position of ₹4,670 crore. Management emphasizes a risk-first approach and focus on building a sustainable, profitable model.

24Mar 25

Poonawalla Fincorp Unveils AI-Powered Underwriting Solution, Aiming to Boost Productivity by 40%

Poonawalla Fincorp Limited has introduced an AI-powered underwriting solution developed in collaboration with IIT Bombay. The technology integrates AI with human intelligence to streamline credit evaluation processes. It's expected to boost credit managers' productivity by 40% for retail lending. The company plans to evolve this into a self-learning AI model with deep learning algorithms for autonomous decision-making.

17Mar 25

Poonawalla Fincorp Drives into Commercial Vehicle Loan Segment, Targeting 'Bharat' Market

Poonawalla Fincorp Limited (PFL) has expanded its financial services by introducing a Commercial Vehicle (CV) Secured Loan Business. The new offering covers small, light, intermediate, and heavy commercial vehicles, both new and used. PFL plans a phased roll-out, starting with 68 locations across 12 states and expanding to 400 locations in 20 states. The company is implementing a technology-driven approach to streamline the loan process, offering reduced documentation and faster turnaround times. This move aims to capitalize on India's growing e-commerce, industrial, and infrastructure sectors, with a focus on tier 2 and 3 markets.

13Mar 25

Poonawalla Fincorp Schedules Key Meetings with Goldman Sachs and Morgan Stanley

Poonawalla Fincorp has announced meetings with Goldman Sachs and Morgan Stanley on March 20, 2025, in Mumbai. The company has made its Q3 FY25 investor presentation available online. These meetings with global financial institutions suggest potential strategic discussions and increased investor interest in the company.

10Mar 25

Poonawalla Fincorp Expands into Global Education Financing with ₹3 Crore Loan Offering

Poonawalla Fincorp Limited has launched an education loan product for international higher education, offering up to ₹3 crore. The product features instant sanctions for loans up to ₹75 lakh and collateral-free options for loans up to ₹1 crore. The loan covers tuition fees, living expenses, and other related costs. This move addresses the growing demand for international education financing and positions Poonawalla Fincorp as a competitive player in the education loan market.

03Mar 25

Poonawalla Fincorp Revolutionizes Personal Lending with 24/7 Digital Prime Loan

Poonawalla Fincorp has introduced 'PL Prime Digital 24x7', a fully digital personal loan product for salaried professionals. The offering provides instant approvals for loans up to ₹15 lakh in 15 minutes, with 24/7 accessibility and no collateral required. This launch addresses the growing demand for unsecured credit in India, which has seen a 27% year-on-year increase. The product is available through multiple channels including the company's mobile app, website, and authorized partners. Poonawalla Fincorp's AUM stands at ₹30,984 crore as of December 31, 2024, with operations in 18 states and 2 Union Territories.