Poonawalla Fincorp Limited demonstrated exceptional financial performance in FY24, marked by significant growth in AUM, profitability, and asset quality. Record-breaking disbursements and AUM were achieved in Q4FY24, alongside reduced NPAs. Profitability reached unprecedented levels with substantial increases in PAT and RoA. Operational efficiency improved notably, reflecting in reduced Opex to AUM ratio and impressive PPOP growth. Under the leadership of MD Abhay Bhutada, the company remains committed to innovation and sustained growth in the NBFC sector.

1. Poonawalla Fincorp's Remarkable
Fiscal Year 2024 Financial
Performance

2. Introduction to Poonawalla Fincorp Limited
● Poonawalla Fincorp is a prominent player in the NBFC realm with a legacy spanning nearly three decades.
● Registered with the Reserve Bank of India and listed on both BSE Limited and National Stock Exchange
of India Limited.
● The company operates across 19 states, offering a diverse range of financial products and solutions.

3. Highlights of Q4FY24
● Recorded highest-ever quarterly disbursement of ₹9,688 crore, showcasing a notable 52% year-on-year
increase and 11% quarter-on-quarter growth.
● Assets Under Management (AUM) soared to ₹25,003 crore, marking a substantial 55% year-on-year surge
and 14% quarter-on-quarter rise.
● Demonstrates remarkable growth in disbursement and AUM, reflecting the company's robust performance.

4. Asset quality metrics for FY24
● Gross Non-Performing Assets (NPA) stood at 1.16%, marking a reduction of 28 basis points year-on-year
and 17 basis points quarter-on-quarter.
● Net NPA saw a commendable decrease, reaching 0.59%, down by 19 basis points year-on-year and 11
basis points quarter-on-quarter.

5. Profitability metrics for FY24
● Achieved highest-ever yearly Profit After Tax (PAT) of ₹1,027 crore, reflecting an impressive 83%
year-on-year surge.
● Quarterly PAT reached a record high of ₹332 crore, showcasing substantial 25% quarter-on-quarter
growth.
● Return on Assets (RoA) witnessed an impressive uptick of 73 basis points year-on-year and 42 basis
points quarter-on-quarter.

6. Operational efficiency metrics for Q4FY24
● Opex to AUM ratio stood at 3.99% in Q4FY24, witnessing a significant reduction of 144 basis points
year-on-year.
● Operating Profit (PPOP) for Q4FY24 reported at ₹409 crore, marking a substantial 93% year-on-year
increase and 17% quarter-on-quarter growth.
● Demonstrates Poonawalla Fincorp's focus on efficient operational management.

7. Financial stability metrics for FY24
● Capital Adequacy Ratio stood at 33.8%, ensuring compliance with regulatory requirements.
● Maintained a healthy liquidity buffer of ₹3,932 crore, reinforcing the company's financial stability.

8. Leadership Perspective
● Abhay Bhutada expressed elation and pride in the company's achievements under his leadership.
● Emphasized rigorous execution and strategic differentiation as key drivers of transformation.
● Poonawalla Fincorp has emerged as a thought leader in the lending space, delivering superior results.

9. Navigating Through Challenges
● Despite economic headwinds and market uncertainties, Poonawalla Fincorp demonstrated resilience and
agility in its operations.
● The company's ability to adapt to changing market dynamics and mitigate risks has been instrumental in
sustaining its growth momentum.

10. Future Outlook
● Poonawalla Fincorp remains committed to its vision of becoming a leading player in the NBFC sector.
● Focus on innovation, customer-centricity, and prudent risk management to unlock new avenues for
growth.
● Aim to create long-term value for stakeholders while setting new benchmarks in the industry.

11. Conclusion
● Commitment to excellence, innovation, and maintaining superior asset quality.
● Astute leadership driving record-breaking achievements and setting new industry standards.
● Poonawalla Fincorp poised for continued success and growth in the NBFC sector.