Poonawalla Fincorp Ltd - 524000 - Grant Of Stock Options Under Employee Stock Option Plan 2021
Grant of stock options under Employee Stock Option Plan 202120-10-2023
20-10-2023
Poonawalla Fincorp Ltd - 524000 - Asset Liability Management (ALM) statement
Intimation w.r.t Asset Liability Management statement20-10-2023
Q2FY24 Quarterly Result Announced for Poonawalla Fincorp Ltd.
Non-banking Financial company Poonawalla Fincorp announced Q2FY24 results: Financial Performance Record-breaking Profit: Poonawalla Fincorp reported its highest-ever quarterly Profit After Tax (PAT) of Rs 230 crore in Q2FY24, marking a significant increase of 77% compared to the same period last year. Strong Disbursement Growth: The company achieved its highest-ever quarterly disbursement of Rs 7,807 crore, showcasing a remarkable growth of 151% YoY and 11% QoQ. Robust Asset Quality: Poonawalla Fincorp maintained a strong asset quality with Gross Non-Performing Assets (NPA) reducing to 1.36%, a decrease of 41 basis points YoY. Net NPA also improved to 0.72%, marking a decrease of 22 basis points YoY. Impressive Asset Under Management (AUM): The company's AUM reached a new high of Rs 20,215 crore, reflecting a strong growth of 54% YoY and 14% QoQ. This increase demonstrates the trust and confidence of its customers in Poonawalla Fincorp. Financial Ratios and Performance Indicators Capital Adequacy and Liquidity: Poonawalla Fincorp maintained a robust capital adequacy ratio of 42% and a liquidity buffer of Rs 3,823 crore, ensuring a strong financial position. Return on Assets (ROA): The company achieved a Return on Assets (ROA) of 5.0%, showing an improvement of 96 basis points YoY and 19 basis points QoQ. Net Interest Margin (NIM): Poonawalla Fincorp's Net Interest Margin (NIM) stood at 11.42%, indicating an improvement of 106 basis points YoY and 2 basis points QoQ. Controlled Operating Expenses: The company successfully reduced operating expenses to Rs 194 crore, showcasing a decrease of 8% YoY. Profit from Operations (PPOP): Poonawalla Fincorp achieved an operating profit of Rs 336 crore, marking a substantial increase of 167% YoY and 14% QoQ. Commenting on the results, Abhay Bhutada, Managing Director, Poonawalla Fincorp, said, “The first half of FY24 has been extremely promising for us with exceptional results for the second quarter as well. We continued to build on the momentum by crossing the Rs 20,000 crore mark in AUM, achieving the highest profitability, best-in-class asset quality, and significant growth across various financial parameters. We have started offering instant personal loans through our recently launched cutting-edge mobile app, a step forward in shaping the financial landscape. We are fully prepared and excited about the journey ahead and are confident of delivering stellar performance going ahead.” Result PDF20-10-2023
Poonawalla Fincorp Ltd - 524000 - Announcement under Regulation 30 (LODR)-Investor Presentation
Intimation w.r.t Investor Presentation20-10-2023
Poonawalla Fincorp Ltd - 524000 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Intimation w.r.t Press Release20-10-2023
Poonawalla Fincorp Ltd - 524000 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Intimation w.r.t Press Release20-10-2023
Poonawalla Fincorp Ltd - 524000 - Unaudited Standalone And Consolidated Financial Results For The Quarter And Half Year Ended September 30, 2023.
Unaudited Standalone and Consolidated Financial Results for the quarter and half year ended September 30, 202320-10-2023
Poonawalla Fincorp Ltd - 524000 - Board Meeting Outcome for Outcome Of Board Meeting Held On October 20, 2023
Outcome of Board Meeting held on October 20, 202320-10-2023
Poonawalla Fincorp Ltd - 524000 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
Intimation w.r.t Allotment of Equity Shares.19-10-2023
Poonawalla Fincorp Ltd - 524000 - Grant Of Stock Options Under Employee Stock Option Plan 2021
Intimation w.r.t grant of Options under Employee Stock Option Plan 2021.19-10-2023