Poonawalla Fincorp logo

Poonawalla Fincorp share price

NSE: POONAWALLABSE: 524000FinanceMid Cap

Poonawalla Fincorp Limited · Formerly Magma Fincorp · Face value ₹2 · Listed Sep 1993 on BSE, Apr 2004 on NSE
Last close ₹403.25up ₹0.45 (0.11%)BSE ₹403.05

Share price at the NSE close on 28 Oct 2026. Previous close ₹402.80.

28 Oct: open ₹402.80, high ₹406.90, low ₹398.85

52-week range of traded prices to 28 Oct 2026
₹361.20Low, 30 Mar 2026₹511.90High, 14 Aug 2026
Market cap
₹35,510 Cr241st largest listed
P/E
32.65
P/B
2.58
Dividend yield
Nonein the last 12 months
ROE
9.2%
NIM
7.30%
Cost of funds
7.48%
Credit cost
2.49%
ROA
1.14%
Leverage
5.15times net worth
Volume, NSE
4,77,16148.4% delivered

Poonawalla Fincorp share price chart

Daily closes since Jan 2007, adjusted for splits and bonuses

−18.3%over a year · Nifty 500 −8.8%

Results20-session average 27,68,253 shares a day, 48.2% delivered

About Poonawalla Fincorp

Poonawalla Fincorp Limited is a non-banking financial company (a lender that is not a bank) in the Cyrus Poonawalla Group, focused on consumer and MSME (micro, small and medium enterprise) finance.1 It lends to salaried and self-employed people, professionals, students, small businesses and mid-sized companies through physical and digital channels.23

It offers 13 loan products, grouped into a consumer lending vertical and a commercial lending vertical, each led by a chief business officer.4 Consumer lending covers instant consumer, prime personal, gold, education, consumer durable, pre-owned car and professional loans; commercial lending covers loans against property, business, mid-market, machinery and medical equipment, commercial vehicle and shopkeeper loans.5 It reports one business segment, financing, and does not take deposits from the public.67 It borrows through bank loans, non-convertible debentures, commercial paper and external commercial borrowings (loans raised from lenders abroad).8 It had 5,860 employees at the end of March 2026.9

The company was incorporated on 18 Dec 1978 and began lending in 1989; Rising Sun Holdings Private Limited, a member of the Cyrus Poonawalla Group, acquired it in May 2021.1011 It introduced education and commercial vehicle loans in March 2025, and gold, consumer durable and shopkeeper loans in April 2025.1213

Rising Sun Holdings, the promoter, is owned and controlled by Adar Poonawalla and held 59.01% of the shares at the end of September 2026.141516 Adar Poonawalla is the chairman of the board.17

Poonawalla Fincorp key points

Results

  • In the quarter to Sep 2026, net interest income including fees and other income (total income less interest paid on borrowings) was ₹1,589 crore, up 75.6% from a year earlier, and return on assets (profit as a share of assets) was 2.18%.181920
  • In the quarter to Sep 2026, profit after tax was ₹375 crore, up 21.8% from ₹308 crore in the previous quarter; pre-provision operating profit (income before provisions for bad loans) was ₹877 crore, up 11.8% on that quarter.2122
  • On a standalone basis, total income for the year to Mar 2026 was ₹6,795.65 crore against ₹4,222.84 crore a year earlier, and profit after tax was ₹541.81 crore against a loss of ₹98.34 crore.23
  • On a standalone basis, in the year to Mar 2026, net interest income including fees and other income grew 49% to ₹4,029 crore, and pre-provision operating profit grew 36% to ₹1,934 crore from ₹1,417 crore.24

Loan book and deposits

  • Assets under management (the loans it manages) were ₹74,008 crore at the end of September 2026, up 55.1% from a year earlier and 10.4% from the previous quarter end; secured loans (backed by collateral) made up 52% of the loans on its books.25
  • Assets under management by product, ₹ crore (share)2627
    Itemend of September 2026
    Loan against property20,013 (27%)
    Instant consumer loan15,168 (20%)
    Mid-market11,142 (15%)
    Business loan7,303 (10%)
    Prime personal loan6,662 (9%)
    Pre-owned car loan5,096 (7%)
    Gold loan2,355 (3%)
    Education loan1,915 (3%)
    Commercial vehicle loan1,459 (2%)
    Machinery and medical equipment loan883 (1%)
    Consumer durable loan859 (1%)
    Professional loan790 (1%)
    Shopkeeper loan1 (0%)
    The list excludes the discontinued book and other loans.
  • Gross non-performing assets (loans on which borrowers have stopped paying) were 1.20% of loans at the end of September 2026, and 0.61% net of provisions.28
  • Borrowings were ₹58,865 crore at the end of September 2026, and the capital adequacy ratio (capital as a share of risk-weighted loans) was 18.68%, of which Tier 1 capital (equity and reserves, the part that absorbs losses first) was 17.15%.2930

Branches and reach

  • At the end of March 2026 the company had 504 branches across 20 states and union territories, over 2,700 channel partners, over 500 counsellor partners and 6 call centres.31
  • In the quarter to Sep 2026, the company's gold loan network grew to 550 branches from 460 a quarter earlier, across states including Gujarat, Maharashtra, Karnataka and Telangana.3233
  • Poonawalla Fincorp served over 22 lakh customers at the end of March 2026, and its mobile app had over 10 million downloads.34

New loan products

  • New products (prime personal, gold, consumer durable, commercial vehicle, education and shopkeeper loans) made up 18% of assets under management at the end of September 2026 and 28% of disbursements in the quarter.3536
  • Gold loan disbursements were ₹1,066 crore in the quarter to Sep 2026, against ₹875 crore in the quarter before.37
  • Consumer durable loans were offered through 20,000 dealers across 360 locations, with ₹606 crore disbursed in the quarter to Sep 2026 against ₹433 crore in the quarter before.38
  • Prime personal loan disbursements averaged about ₹577 crore a month in the quarter to Sep 2026, up 8% on the quarter before; the fully digital prime personal loan made up 42% of them, against 38%.39

What the company expects

  • The company stated in its annual report for the year to Mar 2026 that it targets 35-40% growth in assets under management over the near term, toward an aim of growing them 5-6 times in 5 years from the year to Mar 2025.4041
  • On its earnings call of 9 Oct 2026, the company said it was on track to add about 200 new gold loan branches in the year to Mar 2027, and that its gold loan branches probably break even in about 13 months.4243

Recent events

  • On 28 Sep 2026, CARE Ratings reaffirmed CARE AAA; Stable (the highest grade) on the company's long-term debt and raised its rated bank facilities to ₹40,020.00 crore; on 9 Sep 2026, CRISIL assigned AAA/Stable to new debt and raised rated bank loans to ₹19,785 crore.4445
  • On 13 Apr 2026, the company raised ₹2,500 crore by allotting 6,74,30,883 shares at ₹370.75 each to qualified institutional buyers (large investors such as mutual funds and insurers).4647
  • On 5 May 2026, the board reaffirmed its proposal to sell the company's 48.89% stake in Jaguar Advisory Services Private Limited, its joint venture with HDI Global SE; its annual report of 5 Oct 2026 says the sale is subject to regulatory approvals.48

Last updated

All 48 sources, each with its page
  1. 1. Annual report, 5 Oct 2026, page 4
  2. 2. Annual report, 5 Oct 2026, page 38
  3. 3. Annual report, 5 Oct 2026, page 62
  4. 4. Annual report, 5 Oct 2026, page 66
  5. 5. Annual report, 5 Oct 2026, page 7
  6. 6. Annual report, 5 Oct 2026, page 167
  7. 7. Annual report, 5 Oct 2026, page 39
  8. 8. Annual report, 5 Oct 2026, page 62
  9. 9. Annual report, 5 Oct 2026, page 7
  10. 10. Annual report, 5 Oct 2026, page 99
  11. 11. Annual report, 5 Oct 2026, page 38
  12. 12. Annual report, 5 Oct 2026, page 63
  13. 13. Annual report, 5 Oct 2026, page 65
  14. 14. Annual report, 5 Oct 2026, page 150
  15. 15. Exchange filing, 9 Sep 2026, page 3
  16. 16. Investor presentation, 9 Oct 2026, page 40
  17. 17. Annual report, 5 Oct 2026, page 20
  18. 18. Earnings call, 9 Oct 2026, page 10
  19. 19. Investor presentation, 9 Oct 2026, page 22
  20. 20. Earnings call, 9 Oct 2026, page 4
  21. 21. Investor presentation, 9 Oct 2026, page 6
  22. 22. Earnings call, 9 Oct 2026, page 11
  23. 23. Annual report, 5 Oct 2026, page 38
  24. 24. Annual report, 5 Oct 2026, page 61
  25. 25. Investor presentation, 9 Oct 2026, page 6
  26. 26. Investor presentation, 9 Oct 2026, page 14
  27. 27. Investor presentation, 9 Oct 2026, page 13
  28. 28. Investor presentation, 9 Oct 2026, page 23
  29. 29. Investor presentation, 9 Oct 2026, page 21
  30. 30. Earnings call, 9 Oct 2026, page 11
  31. 31. Annual report, 5 Oct 2026, page 38
  32. 32. Earnings call, 9 Oct 2026, page 5
  33. 33. Investor presentation, 9 Oct 2026, page 8
  34. 34. Annual report, 5 Oct 2026, page 62
  35. 35. Investor presentation, 9 Oct 2026, page 6
  36. 36. Investor presentation, 9 Oct 2026, page 8
  37. 37. Earnings call, 9 Oct 2026, page 5
  38. 38. Earnings call, 9 Oct 2026, page 5
  39. 39. Earnings call, 9 Oct 2026, page 5
  40. 40. Annual report, 5 Oct 2026, page 21
  41. 41. Annual report, 5 Oct 2026, page 20
  42. 42. Earnings call, 9 Oct 2026, page 5
  43. 43. Earnings call, 9 Oct 2026, page 12
  44. 44. Exchange filing, 28 Sep 2026, page 1
  45. 45. Exchange filing, 9 Sep 2026, page 2
  46. 46. Exchange filing, 13 Apr 2026, page 1
  47. 47. Investor presentation, 9 Oct 2026, page 7
  48. 48. Annual report, 5 Oct 2026, page 39

Results

Consolidated; ₹ crore. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Poonawalla Fincorp quarterly results

Income from operations growth, 12 months
+75.1%
Net profit growth, 12 months
+399.2%

Quarter to Sep 2026, against the quarter before

Income from operations
₹2,625 Crup 12.63%
Net profit
₹375 Crup 21.82%

Income from operations by quarter

₹1,057 CrDec 24₹1,166 CrMar 25₹1,314 CrJun 25₹1,542 CrSep 25₹1,818 CrDec 25₹2,115 CrMar 26₹2,337 CrJun 26₹2,625 CrSep 26
Peak income from operations ₹2,625 Cr, quarter to Sep 2026; lowest ₹1,057 Cr, quarter to Dec 2024

Net profit by quarter, a loss in red

₹19 CrDec 24₹62 CrMar 25₹63 CrJun 25₹74 CrSep 25₹150 CrDec 25₹255 CrMar 26₹308 CrJun 26₹375 CrSep 26
₹ croreDec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Income from operations1,0571,1661,3141,5421,8182,1152,3372,625
Net profit19626374150255308375
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Lending Business, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2023: days before it are of the company before the change.Poonawalla Fincorp PE ratio and valuation

Price to earnings

At or below today's level on 39% of 2,078 trading days over the last 10 years.

LowestHighest
Its median41.36Industry median19.07
Price to book

At or below today's level on 2% of 1,116 trading days over the last 5 years.

LowestHighest
Its median3.72Industry median1.08
Dividend yield

At or below today's level on 37% of 2,478 trading days over the last 10 years.

LowestHighest
Its median0.45%Industry median0.77%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+5.1%––0.0%
3 years+8.1%−8.6%+18.1%0.1%
5 years+27.6%––0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2023.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.Poonawalla Fincorp shareholding pattern

Shareholding by group

  • Promoters59.01%
  • Foreign institutions11.64%
  • Indian institutions17.16%
  • Individuals and others12.19%
Holder
Rising Sun Holdings Pvt LtdPromoter59.01%
Life Insurance Corporation of IndiaInsurance companies2.51%
Amansa Holdings Private LimitedForeign portfolio investors, category I1.29%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters −0.01 pts, foreign institutions +0.68 pts, Indian institutions +0.42 pts, mutual funds +0.53 pts.

The filing reports 3,31,48,102 of its 88,06,01,654 shares locked in.

Mutual fund holdings

96 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 45 of the 57 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 96 funds holding Poonawalla Fincorp

Bought for the first time
2
Added
21
Cut
36
Held unchanged
37
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 29 Oct 2025.Poonawalla Fincorp insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Others: no market trade · 29 pledge filings of unclear kind
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

Poonawalla Fincorp competitors and peers

Non Banking Financial Company (NBFC), 279 listed companies, priced on 28 Oct 2026. The table lists the 8 companies closest to Poonawalla Fincorp in market cap.Finance companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Piramal Finance logoPiramal FinancePIRAMALFIN42,68322.481.38––6.5%–––0.61%
Authum Investment & Infrastructure logoAuthum Investment & InfrastructureAIIL41,95620.032.85−34.5%−48.8%14.2%13.3%––0.00%
HDB Financial Services logoHDB Financial ServicesHDBFS41,79714.121.89––14.3%–––0.80%
Mahindra & Mahindra Financial Services logoMahindra & Mahindra Financial ServicesM&MFIN36,56210.161.33+14.9%+45.8%13.8%–1.89%6.76%2.85%
Manappuram Finance logoManappuram FinanceMANAPPURAM27,12318.711.69+4.8%+81.2%10.2%–1.60%10.13%0.87%
IIFL Finance logoIIFL FinanceIIFL22,7589.131.47+35.4%+190.5%17.6%–2.32%8.82%0.75%
Capri Global Capital logoCapri Global CapitalCGCL22,28917.022.80+52.9%+82.8%17.9%–3.55%8.36%0.09%
Five-Star Business Finance logoFive-Star Business FinanceFIVESTAR12,21210.931.55+8.3%+1.0%15.2%–7.27%19.05%0.48%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts or has no recent year with a balance sheet at its start and its end. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Poonawalla Fincorp dividend history

Dividend per share, ₹, restated for later splits and bonuses

0.8Mar 170.8Mar 180.8Mar 19Mar 20Mar 210.4Mar 222Mar 232Mar 24Mar 25Mar 26
Highest ₹2.00 a share, years to Mar 2023 and Mar 2024.
Ex-dateTypePer share
31 Jan 2024Interim₹2.00
18 Jul 2023Final₹2.00
21 Jul 2022Final₹0.40
24 Jul 2019Final₹0.80
25 Jul 2018Final₹0.80
25 Jul 2017Final₹0.80
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Poonawalla Fincorp announcements

Poonawalla Fincorp share price by year

Each calendar year to 2025.Poonawalla Fincorp share price history

YearClose at year endChangeHighest closeLowest close
2025482.95+53.6%542.50273.80
2024314.35−27.8%503.65297.05
2023435.55+41.3%446.55275.65
2022308.30+40.6%334.25216.45
2021219.25+446.8%221.0540.95
202040.10−25.5%68.6013.15
201953.85−51.0%136.1037.25
2018110.00−31.5%190.7595.70
2017160.55+59.1%184.9592.35
2016100.90+10.1%122.7569.95
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The 9 trading days to 27 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
27 Oct 2026410.40410.40401.55402.80403.567,29,10856.8%
26 Oct 2026406.25410.50395.15408.60403.9015,49,39243.6%
23 Oct 2026430.50433.70409.30413.00414.9619,13,71054.3%
22 Oct 2026435.50441.40423.45432.45432.1212,17,57347.5%
21 Oct 2026447.60447.80431.20437.30437.1412,09,60254.0%
19 Oct 2026450.00450.00441.55445.70446.1810,52,16860.3%
16 Oct 2026441.00452.70434.30448.95444.9223,08,71750.9%
15 Oct 2026438.00446.40434.10441.30441.0214,54,25348.2%
14 Oct 2026438.20445.50435.80437.25438.9342,60,51572.7%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Stock split history

Ex-dateEventPrice factorWhat happened
13 Aug 2010Split0.2000Each share became 5.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Chairperson
ADAR CYRUS POONAWALLA
At the end of the quarter to Jun 2026
Managing director and CEO
ARVIND RAVINDER KAPIL
At the end of the quarter to Jun 2026
NSE symbol
POONAWALLA
BSE code
524000
ISIN
INE511C01022
Industry
Finance
Former symbols
MAGMA
CIN
L51504PN1978PLC209007
Corporate identity number, the registrar of companies' code for it
Incorporated
1978
Registered office
201 and 202, 2nd floor, AP81, Koregaon Park Annex, Mundhwa Road, Near Raga Lawns, Mundhwa, Pune 411036, Maharashtra
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments