Poonawalla Fincorp Reports Q4 Net Profit of ₹255 Crore, with 78% YoY Growth in Net Interest Income
Poonawalla Fincorp Reports Sharp Improvement in Net Profit
Poonawalla Fincorp, a non-deposit-taking NBFC, announced its financial results for the quarter ended March 31 and the full fiscal year today after market hours. The company reported a net profit of ₹275 crore, marking a significant improvement from ₹62.33 crore in the year-ago period. This represents a 341% year-on-year jump, with a sequential improvement of 70% in net profit.
Key Financial Highlights
| Metric | Q4FY26 | Q4FY25 | Growth |
|---|---|---|---|
| Net Interest Income (NII) | ₹1,276 crore | ₹715 crore | 78.16% |
| Net Interest Margin | 9.05% | - | (43 basis points improvement from Q3FY26) |
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Net interest income (NII) came in at ₹1,276 crore, up from ₹715 crore a year ago, reflecting a growth of 78.16%. Net interest margin stood at 9.05% in Q4FY26 compared with 8.62% in Q3FY26, improving 43 basis points sequentially.
The company's assets under management (AUM) rose 69.4% year-on-year to ₹60,348 crore in March 2026, driven by strong performance across all retail segments, while new products contributed 14% to the overall AUM. The company launched six new products in FY25 to scale up its consumer and commercial franchise, including Prime Personal Loan, Consumer Durables Loan, Gold Loan, Commercial Vehicles Loan, Education Loan, and Shopkeeper Loan. These newly introduced products contributed 24% of incremental disbursements as of Q4FY26, up from 20% in Q3FY26.
Product Breakdown
| Product Segment | Share of AUM |
|---|---|
| Loans against property | 28% |
| Instant consumer loans | 19% |
| Personal loans | 9% |
| Pre-owned car loans | 9% |
| New products | 24% (within which Prime Personal Loan contributed 8% to the overall AUM) |
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Going ahead, the company is targeting more than twofold growth in its consumer durables franchise, further expansion of its gold loan network, and digital scaling of its business loans segment in FY27. The company reported an improvement in asset quality, with gross non-performing assets declining 7 basis points to 1.44%, while net non-performing assets stood at 0.74%.
Investor Takeaway
Investors should take note of Poonawalla Fincorp's strong financial performance, particularly its 78% YoY growth in net interest income.
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