Financial service provider Poonawalla Fincorp focuses on 40 percent growth in its asset book about the back of expansion in Product Portfolio, including gold loans.
“This year we have given an asset guidelines of the growth of 35-40 percent. We hope to exceed our goal, because new product lines get a good traction,” Poonawalla Fincorp MD and CEO Arvind Kapil told PTI.
Poonawalla Fincorp registered a robust growth of 53 percent on an annual basis in AUM at £ 41,273 Crore at the end of the first quarter ending on June 30, 2025.
“We have nearly 13 companies and there are two remarkable items we have and we have given an explanation that we will build AUM in the first four quarters and we will then watch a guidance of sustainable business profits that is a bit different from how NBFCs normally built,” he said.
The company’s offer includes use of second -hand car financing, personal loans, loans for professionals, business loans, loans against real estate, machining loans, educational loans, loans for commercial vehicles, shops, gold loans and sustainable consumer loans.
In an attempt to grow the company, he said, the promoter will soon pass on £ 1500 crore through the issue of shares on a preferred basis for which the approval of the council is already.
“This strategic movement underlines the continuous trust of the promoter in the company’s long -term growth trajectory and will further strengthen the capital basis to support his business growth,” he said, adding to it, a growth capital of £ 1,500 by promoter – one of the largest crore – the net value of the company will.
The proposed capital infusion would support high growth for this financial year and the NBFC would look at a different round of share an increase in stock, he said, he said.
Regarding the Gold Loan Business, he said, it was launched in April and since then the company has opened 80 branches that opened itself for this company in Gujarat, Haryana, Rajasthan and Maharashtra.
Another 320 branches would be opened in a period of 7-8 months to bring to 400 branches to 400 until the end of the year, he added.
Other two companies that were launched in April of this year – the Loan from the store and sustainable loan from the consumer, while the loan from the trade in commercial vehicles and education introduced in March also receive a good response, he said.
All in all, the Cyrus Poonawalla Group promoted non-deposit that launched 5 products systemically important non-bank financial company (ND-SI-NBFC) in 2025.
Regarding the loan from the commercial vehicles, he said that the company started things at 27 locations in 10 states and completed the 200 Plus distribution partners while the educational loan will be a network for more than 500 educational consultants by March 2026, apart from a dedicated sales team.
Speaking of costs, he said, it fell at 8.04 percent during the first quarter compared to 8.07 percent in the quarter of March. The credit costs are 1.43 percent, one of the best in the industry and fund increase is well diversified.
During Q1FY26, the Pune-based NBFC collected £ 5,458 crore via NCD (including sub-debate) to increase the share of the long-term loans.
This has increased the NCD contribution to approximately 24 percent of the total loans at around 7 percent as on March 2025.
Regarding the acquisitions of assets, he said, the priority would be the secure credit company.
Published on July 27, 2025
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