Poonawalla Fincorp Limited, part of the Cyrus Poonawalla Group, is a Non-Banking Finance Company (NBFC) specializing in consumer and MSME financing. The company offers a diversified product suite designed to meet the evolving financial needs of customers and enterprises. Driven by core values such as Passion, People, Purpose, Principles, and Possibilities, Poonawalla Fincorp operates with integrity and dedication, ensuring best-in-class service and solutions. The company’s commitment to transparency reflects its understanding and respect for the trust customers place in it.
At the heart of Poonawalla Fincorp’s operations are investments in technology and innovation, enabling the creation of endless possibilities and supporting the growth journey of its customers. The company continuously strives for business excellence, aiming to set new benchmarks and rejecting the notion that good is good enough. Trust, Integrity, Transparency, and Excellence are the foundational principles guiding Poonawalla Fincorp, shaping its mission to provide exceptional financial solutions and foster long-term customer relationships.
History of Poonawalla Fincorp Ltd
Poonawalla Fincorp Limited, originally established in 1988 by Mayank Poddar and Sanjay Chamria as Magma Leasing Limited, began its operations in 1989. The company entered the retail financing business for vehicles and construction equipment in 1996. By 2000, it expanded its network across Northern India through the acquisition of Consortium Finance Ltd. The merger with Shrachi Infrastructure Finance in 2007 extended its footprint in southern and western India, and a joint venture with International Tractors Limited (ITL) marked its entry into the tractor financing business. Rebranding itself as Magma Fincorp Limited in 2008, the company diversified into general insurance in 2009 through a partnership with HDI Global, commencing operations in 2012. That same year, it acquired a 7% stake in Experian Credit Information Company of India Pvt Ltd and further expanded by acquiring GE Money Housing Finance and the home equity loan portfolio from GE Capital India.
The company underwent a major transformation in 2021 when Rising Sun Holdings, controlled by Adar Poonawalla, made a substantial financial investment. This investment led to the rebranding of Magma Fincorp as Poonawalla Fincorp on 22 July 2021. Additionally, Magma HDI announced a capital infusion by ICICI Ventures, Cyza Chem, and Morgan Stanley in March 2021. In December 2022, Poonawalla Fincorp strategically divested its subsidiary, Poonawalla Housing Finance, to Perseus SG, an entity of TPG Global, for ₹3,900 crore (US$470 million), underscoring its focus on core operations and growth.
How to Purchase Poonawalla Fincorp Limited’s Shares in India?
Below are the trading platforms that you can use to purchase Poonawalla Fincorp Limited shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Poonawalla Fincorp Limited Share Price Prediction: 2024, 2025 to 2030
Poonawalla Fincorp Limited Share Price Target 2024
When | Maximum Price | Minimum Price |
August 2024 | 389.55 | 338.74 |
September 2024 | 405.14 | 352.29 |
October 2024 | 397.19 | 345.38 |
November 2024 | 413.08 | 359.20 |
December 2024 | 417.21 | 362.79 |
Poonawalla Fincorp Limited Share Price Prediction 2025
When | Maximum Price | Minimum Price |
January 2025 | 421.38 | 324.14 |
February 2025 | 425.64 | 327.41 |
March 2025 | 434.58 | 334.29 |
April 2025 | 430.27 | 330.98 |
May 2025 | 417.74 | 321.34 |
June 2025 | 436.54 | 335.80 |
July 2025 | 427.98 | 329.22 |
August 2025 | 441.22 | 339.40 |
September 2025 | 446.51 | 343.47 |
October 2025 | 458.12 | 352.40 |
November 2025 | 469.58 | 361.21 |
December 2025 | 490.71 | 377.47 |
Poonawalla Fincorp Limited Share Price Target 2026
When | Maximum Price | Minimum Price |
January 2026 | 505.43 | 388.79 |
February 2026 | 492.79 | 379.07 |
March 2026 | 502.65 | 386.65 |
April 2026 | 512.91 | 394.54 |
May 2026 | 507.83 | 390.64 |
June 2026 | 520.52 | 400.40 |
July 2026 | 510.32 | 392.55 |
August 2026 | 526.10 | 404.69 |
September 2026 | 536.62 | 412.79 |
October 2026 | 550.57 | 423.52 |
November 2026 | 564.34 | 434.11 |
December 2026 | 578.45 | 444.96 |
Poonawalla Fincorp Limited Share Price Prediction 2027
When | Maximum Price | Minimum Price |
January 2027 | 584.23 | 449.41 |
February 2027 | 599.21 | 460.93 |
March 2027 | 622.58 | 478.91 |
April 2027 | 610.37 | 469.52 |
May 2027 | 592.59 | 455.84 |
June 2027 | 619.26 | 476.36 |
July 2027 | 607.12 | 467.01 |
August 2027 | 625.90 | 481.46 |
September 2027 | 647.80 | 498.31 |
October 2027 | 664.65 | 511.27 |
November 2027 | 681.26 | 524.05 |
December 2027 | 698.29 | 537.15 |
Poonawalla Fincorp Limited Share Price Target 2028
When | Maximum Price | Minimum Price |
January 2028 | 712.26 | 547.89 |
February 2028 | 730.52 | 561.94 |
March 2028 | 759.01 | 583.86 |
April 2028 | 744.13 | 572.41 |
May 2028 | 722.46 | 555.74 |
June 2028 | 754.97 | 580.74 |
July 2028 | 740.16 | 569.36 |
August 2028 | 763.06 | 586.97 |
September 2028 | 789.76 | 607.51 |
October 2028 | 810.30 | 623.30 |
November 2028 | 830.55 | 638.89 |
December 2028 | 851.32 | 654.86 |
Poonawalla Fincorp Limited Share Price Target 2029
When | Maximum Price | Minimum Price |
January 2029 | 868.34 | 667.96 |
February 2029 | 890.61 | 685.08 |
March 2029 | 925.34 | 711.80 |
April 2029 | 907.20 | 697.84 |
May 2029 | 880.78 | 677.52 |
June 2029 | 920.41 | 708.01 |
July 2029 | 902.36 | 694.13 |
August 2029 | 930.27 | 715.59 |
September 2029 | 962.83 | 740.64 |
October 2029 | 987.86 | 759.90 |
November 2029 | 1,012.56 | 778.89 |
December 2029 | 1,037.87 | 798.37 |
Poonawalla Fincorp Limited Share Price Prediction 2030
When | Maximum Price | Minimum Price |
January 2030 | 1,058.63 | 814.33 |
February 2030 | 1,085.78 | 835.21 |
March 2030 | 1,128.12 | 867.79 |
April 2030 | 1,106.00 | 850.77 |
May 2030 | 1,073.79 | 825.99 |
June 2030 | 1,122.11 | 863.16 |
July 2030 | 1,100.11 | 846.24 |
August 2030 | 1,134.13 | 872.41 |
September 2030 | 1,173.82 | 902.94 |
October 2030 | 1,204.34 | 926.42 |
November 2030 | 1,234.45 | 949.58 |
December 2030 | 1,265.31 | 973.32 |
In 2030, Poonawalla Fincorp Limited’s projected prices are expected to increase steadily each month. In January, prices are anticipated to range from ₹814.33 to ₹1,058.63. February is expected to see prices between ₹835.21 and ₹1,085.78. March’s range is projected to be ₹867.79 to ₹1,128.12. April is expected to have prices from ₹850.77 to ₹1,106.00. In May, prices are projected to be between ₹825.99 and ₹1,073.79. June’s range is expected to be ₹863.16 to ₹1,122.11. July is projected to see prices between ₹846.24 and ₹1,100.11. In August, prices are expected to range from ₹872.41 to ₹1,134.13. September is projected to have prices from ₹902.94 to ₹1,173.82. October is expected to see prices between ₹926.42 and ₹1,204.34. In November, prices are projected to range from ₹949.58 to ₹1,234.45. Finally, December is expected to see prices between ₹973.32 and ₹1,265.31.
Financial Condition of Poonawalla Fincorp Limited: Last 5 Years
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
Revenue | 2,513 | 2,319 | 1,540 | 2,177 | 5,418 | 3,394 |
Interest | 1,294 | 1,100 | 509 | 595 | 950 | 1,040 |
Expenses + | 1,112 | 1,950 | 623 | 838 | 880 | 898 |
Financing Profit | 107 | -731 | 408 | 744 | 3,588 | 1,456 |
Financing Margin % | 4% | -32% | 26% | 34% | 66% | 43% |
Other Income + | 49 | 39 | 109 | 184 | -1,363 | 865 |
Depreciation | 75 | 56 | 49 | 61 | 59 | 58 |
Profit before tax | 82 | -749 | 468 | 866 | 2,166 | 2,262 |
Tax % | 67% | -25% | 20% | 21% | 22% | |
Net Profit + | 27 | -559 | 375 | 685 | 1,683 | 1,749 |
EPS in Rs | 1 | -20.73 | 4.9 | 8.91 | 21.73 | 22.68 |
Dividend Payout % | 0% | 0% | 8% | 22% | 9% |
Poonawalla Fincorp Limited has shown significant financial fluctuations from March 2020 to the trailing twelve months (TTM) ending in March 2024. Revenue started at ₹2,513 crore in March 2020, dropped to ₹1,540 crore in March 2022, but saw a substantial rebound to ₹5,418 crore in March 2024. Interest expenses followed a similar trend, decreasing from ₹1,294 crore in March 2020 to ₹509 crore in March 2022, before rising to ₹950 crore in March 2024. Overall expenses were volatile, peaking at ₹1,950 crore in March 2021 before stabilizing around ₹880-₹898 crore in the following years.
The company’s financing profit experienced a notable recovery, starting at ₹107 crore in March 2020, dipping to a loss of ₹731 crore in March 2021, and then surging to ₹3,588 crore in March 2024. Correspondingly, the financing margin improved from 4% in March 2020 to a remarkable 66% in March 2024. Other income saw extreme variability, with a high of ₹184 crore in March 2023 and a significant loss of ₹1,363 crore in March 2024. Depreciation remained relatively stable, averaging around ₹58 crore annually.
Profit before tax showed a strong upward trajectory, moving from ₹82 crore in March 2020 to ₹2,166 crore in March 2024, with the TTM figure at ₹2,262 crore. The net profit mirrored this growth, starting at ₹27 crore in March 2020, turning negative in March 2021, and reaching ₹1,683 crore in March 2024, with the TTM figure at ₹1,749 crore. Earnings per share (EPS) improved significantly from ₹1 in March 2020 to ₹21.73 in March 2024, and the TTM figure at ₹22.68. The dividend payout ratio varied, peaking at 22% in March 2023, reflecting the company’s improving financial health and profitability over the period.
FAQS
What is the current share price of Poonawalla Fincorp Limited?
As of July 27th, 2024, the share price of Poonawalla Fincorp Limited is around INR ₹376.
What is the expected share price target of Poonawalla Fincorp Limited by 2024?
Based on various market analyses and expert opinions, the expected share price target of Poonawalla Fincorp Limited by 2024 is around INR 417.21.
What is Poonawalla Fincorp Limited share price target for 2025?
As per our analysis, Poonawalla Fincorp Limited in 2025 is expected to trade between ₹321.34 to ₹490.71.
What is Poonawalla Fincorp Limited share price target for 2030?
As per our analysis, Poonawalla Fincorp Limited share price target for 2030 would be somewhere between ₹814.33 and ₹1,265.31.
How can I invest in Poonawalla Fincorp Limited shares?
You can invest in Poonawalla Fincorp Limited shares through a stockbroker, either online or offline. You will need to open a Demat account and trading account to buy and sell shares. We recommend Groww and Paytm Money.
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Conclusion
In conclusion, Poonawalla Fincorp Limited has shown impressive financial resilience and growth over the past five years. Revenue surged from ₹2,513 crore in March 2020 to ₹5,418 crore in March 2024. The financing profit witnessed a remarkable increase from ₹107 crore in March 2020 to ₹3,588 crore in March 2024. Net profit improved significantly from ₹27 crore in March 2020 to ₹1,683 crore in March 2024. The EPS rose from ₹1 in March 2020 to ₹21.73 in March 2024. The steady upward trend in projected stock prices, ranging from ₹389.55 in August 2024 to ₹1,265.31 in December 2030, further underscores Poonawalla Fincorp’s commitment to excellence and innovation, positioning it as a leading and reliable player in the NBFC sector, poised for sustained growth and value creation for its investors and stakeholders.
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