Poonawalla Fincorp Q2 Results: Net Profit Surges 405% YoY to ₹375 Crore

Key numbers

Market Cap	₹39,164.76 CrBanking and Finance
P/E TTM	49.77Sector PE: 21.46
Promoter Holding	59.01%Steady holding
RSI	42.17Neutral zone

Key highlights

• Consolidated net profit stood at ₹375 crore, marking a 405.3% increase compared to ₹74.2 crore in the same quarter last year
• Revenue from operations grew to ₹2,624 crore in Q2-27, up from ₹1,542 crore in Q2-26 and ₹2,330 crore in Q1-27
• Operating margin improved significantly to 19.1% from 6.4% in the year-ago period
• Profit before tax climbed to ₹501 crore, a substantial rise from ₹98.9 crore in Q2-26
• The company confirmed the full utilization of ₹2,431.52 million in net proceeds from its January 2026 fundraise by June 2026

Accelerated Earnings Momentum and Revenue Scale

Poonawalla Fincorp showcased a sharp upward trajectory in profitability during the quarter ended September 30, 2026. The consolidated net profit of ₹375 crore reflects a sequential growth of 21.8% over the June 2026 quarter. This performance extends a consistent growth trend observed since Q4 FY25, when profits were ₹62.33 crore.

Revenue from operations reached ₹2,624 crore, representing a 70.2% year-on-year expansion. The company’s operating margin nearly tripled from 6.4% in Q2-26 to 19.1% in the current quarter, indicating improved operational efficiency and a larger scale of financing activities across its Indian markets.

Capital Deployment and Strategic Divestments

• The company successfully completed a ₹2,500 crore Qualified Institutions Placement (QIP) on April 13, 2026, to augment AUM.
• Management had previously targeted an AUM growth of 35% to 40% for FY27 to sustain its scaling efforts.
• Divestment of the shareholding in joint venture Jaguar Advisory Services Private Limited (JASPL) has received regulatory approval.
• The JASPL transaction, reaffirming a 2021 board decision, is expected to be completed in due course.
• Net proceeds from the January 2026 fundraise were entirely utilized by June 30, 2026, for lending and debt repayment.

Board Approval for Key Leadership Term

Alongside the financial results, the Board of Directors approved the re-appointment of Ms. Kemisha Soni as an Independent Director for a second three-year term starting January 30, 2027. Ms.

Soni, a fellow member of the ICAI with over 28 years of experience in audit and taxation, meets all independence criteria under the Companies Act and SEBI regulations. The board also cleared the Postal Ballot Notice to seek shareholder approval for this appointment. This move ensures leadership continuity as the company executes its growth strategy in the competitive NBFC sector.

Statement on Operational Financials

The Board of Directors of the Company at its meeting held today i.e., October 09, 2026, basis recommendation of the Audit Committee has, inter alia, approved unaudited standalone and consolidated financial results of the Company for the quarter and half year ended September 30, 2026.

What to watch next

• Completion of the sale of shareholding in Jaguar Advisory Services Private Limited
• Approval of Independent Director re-appointment via shareholder Postal Ballot
• Release of Q3 FY27 financial results, typically expected in January 2027

“Pursuant to Regulation 30 of the SEBI Listing Regulations, please note that the Investor’s Presentation is being sent separately and subsequently the same will be uploaded on the website of the Company.”

Poonawalla Fincorp · financial snapshot

Share price	₹444.75
Market capitalisation	₹39,164.76 Cr
Revenue (annual)	₹6,790.18 Cr
Net profit (annual)	₹541.81 Cr
Revenue (latest quarter)	₹2,330.22 Cr+10.15% vs previous quarter
Net profit (latest quarter)	₹307.71 Cr+20.77% vs previous quarter
P/E (TTM)	49.77×Sector 21.46×
Promoter holding	59.01%-0.01% QoQ
FII holding	11.64%Current quarter

Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.