Latest news with #PoonawallaFincorp
Mint
07-05-2025
- Business
- Mint
Q4 earnings watch: Whispers of rural recovery after a sluggish quarter
The emerging recovery in the rural hinterland, signalled by high-frequency indicators, is gaining further credence from the fourth quarter earnings. Companies largely catering to the rural segment have demonstrated an impressive show on the volume front, despite an overall revenue slowdown for India Inc. in the final quarter of fiscal year 2024-25. However, these firms struggle with a slowdown in profits, which is building pressure on their margins. A latest Mint analysis of 32 companies within the Nifty Rural Index which tracks the performance of stocks from the Nifty 500, representing the rural theme, revealed that their aggregate revenue grew by 4% year-on-year during the fourth quarter of the just-concluded fiscal year. While this top-line growth appears modest in isolation, it actually follows a contraction in the previous quarter, offering glimpses of a rural resurgence. The analysis, based on standalone data from the Capitaline database, examined the latest quarterly financial performance of 492 listed companies that have released their results so far. Unlike their rural counterparts, a significant number of companies saw a steady deceleration in revenue growth across all four quarters of 2024-25. In the final quarter, these firms registered just 3% growth compared to the same period in the previous fiscal year, clearly indicating that the rural segment continues to demonstrate resilience against the backdrop of generally subdued demand. Also Read: Rural India's reality check: Consumers turn cautious as aspiration meets inflation Over the past three to four quarters, the rural economy has maintained considerable momentum despite a broader deceleration in urban areas. This strength emerging out of rural hinterlands has helped sustain overall demand. While rural businesses showed resilience in revenue growth, their bottom line numbers depict some disappointment. Net profit growth for rural-themed companies slowed to 7% in the March quarter, down significantly from the robust 40% profit expansion recorded in the December quarter. Also read | Rural revival: Is it premature to celebrate? Meanwhile, the rest of Indian corporates – those outside the Nifty Rural Index – saw their profit growth improve from 6% in Q3 FY25 to 11% in Q4 FY25. Interestingly, further analysis of net profits as a share of revenue shows that margins for companies representing the Nifty Rural Index have declined in Q4, while margins have risen for the rest of India Inc. A detailed company-by-company analysis reveals that 12 out of the 32 Nifty Rural Index companies that have released their March quarter financial results experienced either declining or stagnant net profits compared to the same period last year. Poonawalla Fincorp , SBI card, and Supreme Industries recorded some of the most significant declines in net profits during the March quarter, contributing to the overall muted profit growth for Nifty Rural companies. On a more positive note, 17 other companies delivered robust double-digit profit growth in the March quarter. This growth was led by exceptional performers including Dalmia Bharat , Bandhan Bank , Tata Communications , and ICICI Prudential Life Insurance , all of which reported more than 100-fold increases in net profits compared to the same quarter in the previous fiscal year. This is the ninth part of a series of data stories about the ongoing Q4 earnings season. Read previous parts of our earnings series here.
Mint
05-05-2025
- Business
- Mint
Stock to buy for long-term: Anand Rathi sees over 30% uptick in Poonawalla Fincorp shares
Stock to buy for long-term: Indian brokerage firm, Anand Rathi, on May 4, 2025, picked Poonawalla Fincorp as its stock pick for the long term with a potential upside of more than 30 per cent, according to a research report. According to the brokerage firm, the company is set to witness a 'healthy' 42 per cent growth in assets under management (AUM) between the financial years 2025 and 2027. 'With AI-first principles across the lending value chain, we expect high growth to be balanced by stable asset quality. With a razor-sharp focus on execution, profitability and product-market fit, the NBFC is leveraging strategic pivots to build a high-quality, scalable franchise,' according to the stock report. Poonawalla Fincorp Ltd (POONAWALLA): Target Price at ₹ 504 (for the next 12 months). Anand Rathi has 'retained' a BUY rating for the NBFC stock, according to the stock report. Poonawalla Fincorp's CMP (current market price) is at ₹ 388.50, as of May 5, 2025. 'We reiterate a BUY rating with a TP of ₹ 504. At our TP, the stock will trade at 4xFY27e P/BV,' said the analysts at Anand Rathi. Poonawalla Fincorp shares closed 2.79 per cent higher at ₹ 388.50 after Monday's stock market session, compared to ₹ 377.95 at the previous stock market session. Poonawalla Fincorp shares have given stock market investors more than 2,450 per cent returns on their investments in the last five years. However, the stock has lost 18.94 per cent in the last one-year period. On a year-to-date (YTD) basis, Poonawalla Fincorp stock has gained 23.40 per cent in 2025, and 12.15 per cent in the last one-month period. The shares hit their 52-week high levels at ₹ 496.40 on May 3, 2024, while the 52-week low level was at ₹ 267.25 on March 4, 2025, according to the data collected from the BSE website. The company's market capitalisation was at ₹ 30,225.86 crore as of the stock market close on Monday, May 5, 2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions. First Published: 5 May 2025, 11:36 PM IST
Time of India
28-04-2025
- Business
- Time of India
Poonawalla Fincorp shares in focus after Q4 profit plunges 81% YoY; NII rises 12%
Poonawalla Fincorp shares will be in focus on Monday after the company reported an 81% year-on-year (YoY) decline in net profit to Rs 62.33 crore for the March 2025 quarter, compared to Rs 332 crore a year ago. The steep drop was mainly due to a sharp rise in expenses, which more than doubled over the same period. Despite the profit slump, the company delivered double-digit growth in its net interest income (NII) and assets under management (AUM). Poonawalla Fincorp's NII for the January–March quarter rose 12% YoY and 6% quarter-on-quarter (QoQ) to Rs 715 crore, while AUM stood at Rs 35,631 crore at the end of the quarter, registering a 43% YoY and 15% QoQ increase. Growth in AUM remained strong, with momentum across all products, according to a company filing to the exchanges. Also Read: 25 Transformative Investment Ideas: RIL, SBI among HDFC Securities' high-conviction stock picks Live Events Expenses surged to Rs 1,093 crore from Rs 536.26 crore a year earlier, led by higher finance costs and impairment charges. However, the company improved its on-book mix to 57% from 54% sequentially, launched six new businesses, and saw a 27% QoQ reduction in credit costs. Sequentially, PAT also improved. The Capital Adequacy Ratio (CAR) stood at 22.94% at the end of Q4FY25. Pre-Provision Operating Profit (PPoP) rose 19% YoY and 11% QoQ to Rs 333 crore, while Gross NPA slightly improved by 1 basis point to 1.84%. Also Read: Stocks in news: Ultratech Cement, Adani Green, RIL, IDFC First Bank, Hindustan Zinc For the full financial year, NII grew 23% YoY to Rs 2,708 crore and PPoP rose 2% YoY to Rs 1,417 crore, despite increased investments in new businesses and a higher secured asset mix. The liquidity buffer stood at Rs 4,686 crore as of March 31, 2025. Commenting on the results, Arvind Kapil, Managing Director and CEO of Poonawalla Fincorp, said that with risk-first thinking and next-gen analytics, the company is reimagining customer assessment for more agile and sustainable profits. Poonawalla Fincorp is a Cyrus Poonawalla group-promoted, non-deposit-taking non-banking finance company . ( Disclaimer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
Business Standard
25-04-2025
- Business
- Business Standard
Poonawalla Fincorp consolidated net profit declines 81.21% in the March 2025 quarter
Sales rise 27.46% to Rs 1166.27 crore Net profit of Poonawalla Fincorp declined 81.21% to Rs 62.33 crore in the quarter ended March 2025 as against Rs 331.70 crore during the previous quarter ended March 2024. Sales rose 27.46% to Rs 1166.27 crore in the quarter ended March 2025 as against Rs 915.00 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 98.34 crore in the year ended March 2025 as against net profit of Rs 1682.75 crore during the previous year ended March 2024. Sales rose 34.76% to Rs 4189.76 crore in the year ended March 2025 as against Rs 3109.01 crore during the previous year ended March 2024. Particulars Quarter Ended Year Ended Mar. 2025 Mar. 2024 % Var. Mar. 2025 Mar. 2024 % Var. Sales 1166.27915.00 27 4189.763109.01 35 OPM % 47.2573.63 - 33.6973.62 - PBDT 99.74399.40 -75 -70.301376.96 PL PBT 80.22385.47 -79 -135.401317.65 PL NP 62.33331.70 -81 -98.341682.75 PL
Mint
22-04-2025
- Business
- Mint
Poonawalla Fincorp share price jumps after THIS fresh announcement. Do you own?
Poonawalla Fincorp share price surged as much as 2.47 per cent in Tuesday's trading session after the company announced the launch of its consumer durables loans business. At 1 pm, Poonawalla Fincorp stock was trading at ₹ 407.35 apiece on NSE on April 22. Cyrus Poonwalla-promoted NBFC, said in a press release dated April 22, that the company has introduced a digital EMI card with pre-approved limits, enabling customers to purchase consumer durable products more conveniently. 'This launch marks the company's strategic entry into a fast-growing, high-velocity segment of retail lending, strengthening its ability to build a deeper, more scalable retail franchise while enhancing profitability and lifetime customer value,' Ponawalla Fincorp said. Consumer durable loans present PFL with a strategic opportunity to drive faster customer franchise growth through instant, point-of-sale loans and digital onboarding, enabling real-time customer acquisition and building scale efficiently with a tech-first approach. Additionally, this offering creates a strong cross-sell flywheel, as consumer durable loan customers become potential leads for personal loans, insurance, and other financial products—creating a natural cross-sell funnel, high engagement and strong visibility across cities and catchments. 'This is not just a product launch - it's a strategic lever to scale our retail business faster, deeper, and more profitably. It unlocks access to millions of new customers and enables us to serve them across their financial lifecycle," said Arvind Kapil, Managing Director & CEO of Poonawalla Fincorp. With this business launch, PFL has now launched 6 new businesses in line with its commitment. With the addition of Consumer Durable Loan business, the company has further strengthened its secured lending portfolio. NBFC stock Poonawalla Fincorp has given multibagger returns to its investors by surging over 1,979.85 per cent in past five years.
