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Poonawalla Fincorp Limited (erstwhile Magma Fincorp Limited) is a non-deposit taking NBFC registered with RBI. It is engaged in providing consumer and MSME financing, as well as General Insurance services.
Poonawalla Fincorp will redeem 30 perpetual NCDs worth Rs. 3 Crore by exercising its call option. This debt repayment, along with accrued interest, will extinguish the instruments, demonstrating active balance sheet management.
Poonawalla Fincorp delivered strong Q1FY27 results: AUM grew to ₹67,054 Cr, PAT surged 20.8% QoQ to ₹308 Cr. NII rose 10.9% QoQ to ₹1,415 Cr, and RoA strengthened to 1.98%. Asset quality improved with lower GNPA/NNPA. The company is driving efficiency via 50 implemented AI projects.
Poonawalla Fincorp's AUM grew to approximately ₹67,000 Cr, maintaining strong liquidity of approximately ₹4,000 Cr. The company emphasizes a risk-first approach and sustainable business expansion for long-term profitable growth.
Poonawalla Fincorp has scheduled its 46th Annual General Meeting. The FY25-26 Annual Report is now available online. Debenture-holders without registered emails are being informed and urged to update their contact and bank details for electronic transactions.
Poonawalla Fincorp has scheduled its 46th Annual General Meeting via video conferencing. The Annual Report for FY 2025-26 is available online. Shareholders are urged to update KYC, register emails, and dematerialize physical shares to ensure electronic payments.