Poonawalla Fincorp

“And if you look at our commitment on the ROAs of June 2028, I think we should be fairly strong on the NIM and then remember our credit cost.”

“We launched 90 new gold loan branches this quarter alone, bringing our gold loan network to 550 branches from 460 at the end of Q1FY27.”

“As far as the profitability, I said, I think if I remember right, I think I mentioned 28% now the contribution of the disbursement is new products.”

“Prime Personal Loans, our digital prime PL, 24x7, a first of its kind, now contributes to 42% of the PL disbursements compared to 38% the previous quarter, providing us significant operating leverage.”

“Our average monthly disbursement stands at about ₹577 crore, having grown by 8% quarter-on-quarter.”

“If I take gold loan for example, our quarterly disbursements grew to ₹1,066 crore versus ₹875 crore in the previous quarter.”

“The first, our portfolio yield has increased by approximately 45 basis points over Q1FY27. So, it's now at 14.08%, demonstrating effective transmission of previous disbursement yield onto the portfolio yield.”

“Our disbursement yield by itself as well has further expanded by approximately 20 basis points over Q1FY27, driven by our product mix.”

“Q2FY27, if I take NIM plus fees, that's expanded by 16 basis points to 9.26% from 9.10% in Q1FY27.”

“Noteworthy, in my assessment, would be our credit cost this quarter, which has declined by 25 basis points from 2.4% to 2.19%.”

“AI generated campaigns are delivering 1.5 to 2 times higher click-through rates, supporting outreach to more than 15 lakhs customer leads every month at more than 60% lower cost than traditional agency models.”

“The share of borrowings from long-term sources stands at 88.92%. This number was 88.52% in Q1 of FY27.”

“The cost of borrowing for the quarter stood at 7.76% versus 7.72% in the previous quarter.”

“Our debt equity ratio stood at 4.3x at the end of the quarter.”

“Capital adequacy ratio continues to remain healthy and comfortably above the regulatory requirement at 18.68%, of which the Tier 1 capital is 17.15%.”

“On the liquidity front, we remain comfortable with positive cumulative mismatch across all buckets and a surplus liquidity of ₹6,526 crore as of September 30, 2026.”

“Second, I think we should be able to pass on the hike, depending on the product and the market dynamics. And third, obviously the change in the business mix, which you are already seeing the result of that. So overall, I think we are well-placed where it doesn't impact our profitability.”

“So, Abhijit, see in a rising interest rate scenario, obviously there can be a upward movement in our cost of borrowing”

“I think insurance, we all saw the possibility of that fee compression, if I can use that word, if that framework comes alive.”

“my assessment is that we should probably be able to comfortably be able to handle the strength of whole lending spreads probably, and operating leverage, and show the full earnings absorption from here on, if at all, even if it plays out.”

“The Asset under management stood at ₹74,008 crore, reporting a strong growth of 10.4% quarter-on-quarter, driven by continued momentum in retail products.”

“The GNPA has shown a sequential improvement to 1.20% in Q2FY27 versus 1.37% in Q1FY27. NNPA has improved to 0.61% in Q2FY27 versus 0.7% in Q1FY27.”

“The 6 MOB 30+ of the most recent cohort is approximately now 0.35%, approximately 32 basis points lower than the 0.67% that we had last quarter”

“As a result, we've achieved ₹375 crore in profit after tax, recording a 22% growth quarter-on-quarter.”

“Our ROA has moved up to 2.18%, reflecting a 20-basis point improvement over the previous quarter, and approximately 149 basis points improvements over Q2FY26.”