The Provision Coverage Ratio of the non-deposit taking systemically important NBFC is at 54.47%
FinTech BizNews Service
Mumbai, April 25, 2025: The Board of Directors of Poonawalla Fincorp Limited, a non-deposit taking systemically important NBFC, focusing on consumer and MSME finance, today announced its audited financial results for the quarter and year ending March 31, 2025.
Poonawalla Fincorp registered robust growth in AUM during the period with AUM at Rs35,631 crore, +42.5% YoY. NII grew by 23% YoY to Rs2,708 crore during the financial year.
Business Highlights:
Ø Launched 6 new businesses: PL Prime including PL Prime Digital 24x7, Education Loans, Commercial Vehicles, Consumer Durable, Shopkeeper Loans and Gold Loans
Ø Driving AI-first approach across the functions: Identified 25 AI-Solutions | 7 completed and 18 Underway
Ø Expanding ‘Phygital’ model: Plan to launch 400 branches and continuously strengthening digital footprint
Ø Focus to scale AUM this year followed by robust sustainable profits for FY26-27
Financial highlights for the financial year ended March 31, 2025:
Ø Net Interest Income (inc. fees and other income) was Rs2,708 crore, +23% YoY
Ø PPoP was Rs1,417 crore, +2% YoY despite investment in new businesses and increase in secured asset mix
Financial highlights for the quarter ended March 31, 2025:
Ø Assets Under Management (AUM) stood at Rs35,631 crore, up 42.5% YoY and 15% QoQ
Ø Secured to Unsecured on-book mix at 57:43 (vs 54:46 in Q3FY25)
Ø AUM Mix: MSME at 36%, Personal and Consumer finance at 23%, Loan against property at 24% and Pre-owned car at 14%
Ø Net Interest Income (inc. fees and other income) was Rs715 crore, +12% YoY
Ø PPoP was Rs 333 crore in the quarter
Ø Stable asset quality: Gross NPA at 1.84%; Net NPA at 0.85%
Ø Provision Coverage Ratio at 54.47%
Ø Capital Adequacy Ratio was 22.94% (Tier-1 at 21.67%), well above the regulatory requirement of 15%
Ø Liquidity buffer stood at Rs4,686 crore as of March 31, 2025
Commenting on the results, Mr. Arvind Kapil, Managing Director and CEO, Poonawalla Fincorp, said,
“Smarter AI. Sharper digital journeys. With risk-first thinking and next-gen analytics, we’re reimagining customer assessment for a more agile and sustainable profits.”
