a non-deposit-taking NBFC, announced its financial results for the quarter ended March 31 and the full fiscal year today after market hours, reporting a net profit of ₹275 crore, a sharp improvement from ₹62.33 crore in the year-ago period, marking a 341% year-on-year jump. Sequentially, net profit also improved by 70%.
Net interest income (NII) came in at ₹1,276 crore, up from ₹715 crore a year ago, reflecting a growth of 78.16%, while net interest margin stood at 9.05% in Q4FY26 compared with 8.62% in Q3FY26, improving 43 basis points sequentially.
Its (AUM) rose 69.4% year-on-year to Rs60,348 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.
Loans against property accounted for the highest share of the company’s AUM at 28%, followed by instant consumer loans at 19%, while personal loans and pre-owned car loans contributed 9% each. Within the new products segment, Prime Personal Loan contributed 8% to the overall AUM.
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%.
Arvind Kapil, Managing Director and CEO of Poonawalla Fincorp, said, “We have reached a pivotal inflection point in our growth trajectory. By simultaneously expanding our yields and optimizing our operating architecture, we are seeing a powerful expansion in incremental NIMs. With credit costs trending lower and Opex-to-AUM decoupling, the business is now primed for high-quality, sustained profitability. Even as this operating leverage kicks in, we remain committed to strategic investments this fiscal year, ensuring our current momentum translates into a long-term, healthy, and durable earnings model.”
Shares rebound from recent lows
After months of struggle, the shares resumed their upward march in April, ending the month with a 13.2% gain, while in the first two trading sessions of May, they have already advanced another 5.2%.
Between February 2025 and October 2025, the stock witnessed a one-way rally, climbing from ₹281 apiece to ₹481, translating into a massive gain of over 71%.
Along the way, it also touched a record high level of ₹570 apiece. In terms of yearly performance, the stock delivered a stellar 54% return in 2025, while in the current year it is down by 9%.
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