Embark on a journey through the financial frontier with Poonawalla Fincorp as your guide, navigating economic uncertainties with resilience and adaptability under the visionary leadership of Abhay Bhutada. Explore how this non-banking financial institution sets new industry standards, achieving record-breaking disbursements and asset growth while maintaining superior asset quality amidst challenges. Delve into the company's remarkable profitability and efficiency, backed by robust capital adequacy and liquidity, ensuring stability in dynamic market conditions. Discover how Poonawalla Fincorp's unwavering commitment to excellence and innovation propels it to the forefront of the financial landscape, reshaping the future of finance and empowering individuals and businesses to achieve their financial aspirations.
2. Driving Growth Amidst Challenges
● Poonawalla Fincorp demonstrates resilience and adaptability amidst economic
uncertainties and market volatility.
● Audited financial results for Q4FY24 highlight the company's commitment to
excellence and ability to navigate turbulent times.
3. Setting New Records
● Q4FY24 sees Poonawalla Fincorp achieve its highest-ever quarterly disbursement,
surpassing ₹9,688 crore.
● This represents a remarkable 52% YoY growth and an impressive 11% QoQ
increase, indicating growing trust in the company's financing solutions.
4. Strength in Assets
● Poonawalla Fincorp's Assets Under Management (AUM) reach ₹25,003 crore,
marking a substantial 55% YoY growth and a commendable 14% QoQ increase.
● The growth in AUM underscores the company's ability to cater to diverse financial
needs, driving financial inclusion.
5. Maintaining Superior Asset Quality
● Despite economic challenges, Poonawalla Fincorp maintains superior asset quality
with Gross NPA at 1.16% and Net NPA at 0.59%.
● Both metrics reflect significant reductions YoY and QoQ, showcasing the
company's commitment to prudent risk management.
6. Profitability and Efficiency
● Poonawalla Fincorp achieves its highest-ever yearly Profit After Tax (PAT) of ₹1,027 crore in
FY24, marking an impressive 83% YoY growth.
● Quarterly PAT also reaches a record high of ₹332 crore, reflecting a substantial 25% QoQ increase.
● Return on Assets (RoA) stands at 5.73%, witnessing notable YoY growth, demonstrating efficiency
and profitability.
7. Capital Adequacy and Liquidity
● Poonawalla Fincorp boasts a Capital Adequacy Ratio of 33.8%, indicating a strong
financial position and regulatory compliance.
● A liquidity buffer of ₹3,932 crore provides resilience to navigate dynamic market
conditions and seize opportunities.
8. Visionary Leadership
● Mr. Abhay Bhutada's visionary leadership and strategic acumen have been
instrumental in driving Poonawalla Fincorp's success.
● His commitment to excellence and innovation, coupled with embracing
digitalization, has positioned the company as a thought leader in the lending space.
9. Conclusion
● Poonawalla Fincorp's unprecedented growth under Mr. Abhay Bhutada's leadership
showcases resilience, agility, and commitment to excellence.
● With a focus on customer-centricity, prudent risk management, and operational
efficiency, the company is poised for continued success, setting new benchmarks in
the financial sector.
