Poonawalla Fincorp Profile
Key Indicators
- Authorised Capital ₹ 836.00 Cr
- Paid Up Capital ₹ 155.56 Cr
- Company Age 46 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 22,565.24 Cr
- Satisfied Charges ₹ 32,938.49 Cr
- Revenue Growth 28.27%
- Profit Growth 99.50%
- Ebitda 50.87%
- Net Worth 12.43%
- Total Assets 40.69%
About Poonawalla Fincorp
Poonawalla Fincorp Limited (PFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 December 1978 and has a history of 46 years and two months. Its registered office is in Pune, Maharashtra, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524000 and on the National Stock Exchange(NSE) under MAGMA.
The Corporate was formerly known as Magma Leasing Ltd. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 836.00 Cr and a paid-up capital of Rs 155.56 Cr.
The company currently has active open charges totaling ₹22,565.24 Cr. The company has closed loans amounting to ₹32,938.49 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Poonawalla Fincorp Limited India are Sanjay Miranka as Cfo, Arvind Kapil as Ceo, and Shabnum Zaman as Company Secretary. Kewal Handa, Prabhakar Dalal, Atul Kumar, and Seven other members serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
Industry
Financial Services
What products or services does Poonawalla Fincorp Limited offer?
Poonawalla Fincorp Limited offers a wide range of products and services, including Home, Auto & Other Loan Services, Business Loan.
Who are the key members and board of directors at Poonawalla Fincorp?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Kapil  | Managing Director | 08-Jul-2024 | Current |
| Sanjay Miranka | CFO | 02-Jul-2021 | Current |
| Shabnum Zaman | Company Secretary | 02-Aug-2015 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sanjay Kumar | Director | 15-Jan-2022 | Current |
| Prabhakar Dalal | Director | 05-May-2021 | Current |
| Bontha Rao | Director | 10-Dec-2019 | Current |
| Adar Poonawalla | Director | 01-Jun-2021 | Current |
| Kewal Handa | Additional Director | 28-Oct-2024 | Current |
| Atul Kumar | Director | 27-Jan-2022 | Current |
Financial Performance of Poonawalla Fincorp.
Poonawalla Fincorp Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.27% increase. The company also saw a substantial improvement in profitability, with a 99.5% increase in profit. The company's net worth Soared by an impressive increase of 12.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Poonawalla Fincorp?
In 2023, Poonawalla Fincorp had a promoter holding of 62.14% and a public holding of 37.86%. The company had 1 Subsidiary and 1 Joint Venture. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Wellness Forever Medicare LimitedKewal Handa is a mutual person
Ujjain Smart City LimitedKemisha Soni is a mutual person
Tata Boeing Aerospace LimitedBontha Rao is a mutual person
Sovereign Pharma Private LimitedAdar Poonawalla is a mutual person
Salus Lifecare Private LimitedKewal Handa is a mutual person
Poonawalla Credit Private LimitedAdar Poonawalla is a mutual person
Charges (Loans)
Open Charges
₹22,565.24 Cr
Satisfied Charges
₹32,938.49 Cr
Charges Breakdown by Lending Institutions
- Others : 22262.55 Cr
- Idbi Trusteeship Services Limited : 257.44 Cr
- Punjab National Bank : 20.00 Cr
- The Catholic Synan Bank Limited : 6.00 Cr
- Small Industries Development Bank Of India : 5.00 Cr
- Others : 14.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Oct 2022 | Others | ₹19,927.57 Cr | Open |
| 08 Feb 2022 | Others | ₹1,500.00 Cr | Open |
| 30 Jun 2021 | Others | ₹1.15 M | Open |
| 30 Mar 2021 | Idbi Trusteeship Services Limited | ₹2.44 Cr | Open |
| 30 Dec 2020 | Others | ₹100.00 Cr | Open |
How Many Employees Work at Poonawalla Fincorp?
Poonawalla Fincorp has a workforce of 2666 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Poonawalla Fincorp, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Poonawalla Fincorp's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Poonawalla Fincorp
Recent activity within the organization
- Director Appointment
Kewal Kundanlal Handa was appointed as a Additional Director was appointed as a Additional Director on 28 Oct 2024 & has been associated with this company since 4 months 4 days .
- Charges
A charge with Others of Rs. 19,927.57 Cr registered on 18 Oct 2022 with Charge ID 100627498 was modified on 08 Oct 2024.
- Director Appointment
Sonal Sanjay Modi was appointed as a Additional Director was appointed as a Additional Director on 13 Sep 2024 & has been associated with this company since 5 months 18 days .
- Annual General Meeting
Poonawalla Fincorp Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.
- Director Appointment
Arvind Ravinder Kapil was appointed as a Managing Director was appointed as a Managing Director on 08 Jul 2024 & has been associated with this company since 7 months 24 days .
- Director Appointment
Arvind Ravinder Kapil was appointed as a Ceo was appointed as a Ceo on 08 Jul 2024 & has been associated with this company since 7 months 24 days .
Recent News, Updates & Announcement
- Poonawalla Fincorp's Record Profits Soar 77% in Sept 2023, Thanks to Successful Sale of Housing Finance Business.
When you sell your housing finance biz and make big bucks, your profits go up 5x. Poonawalla Fincorp made Rs 860 crore in Sept 2023, thanks to a gain of Rs 2,309 crore from the sale. Even without that, they still made a record profit of Rs 230 crore, up 77%. They also gave out a lot of loans and their assets grew by 54%. MSMEs and personal/consumer loans were their top borrowers. #MoneyMoves #BigBucks #RecordProfits #LoanGameStrong.
Frequently asked questions
What is the Incorporation or founding date of Poonawalla Fincorp Limited?
Poonawalla Fincorp Limited was incorporated on 18 Dec 1978.
What is authorized share capital and paid-up capital of Poonawalla Fincorp Limited?
The authorized share capital of Poonawalla Fincorp Limited is ₹ 836.00 Cr and paid-up capital is ₹ 155.56 Cr.
Who are the current board members & directors of Poonawalla Fincorp Limited?
Currently 13 directors are associated with Poonawalla Fincorp Limited.
- Kewal Kundanlal Handa
- Prabhakar Ramchandra Dalal
- Atul Gupta Kumar
- Bontha Prasada Rao
- Sonal Sanjay Modi
- Kemisha Soni
- Sunil Madhav Samdani
- Arvind Ravinder Kapil
- Sanjay Kumar Miranka
- Arvind Ravinder Kapil
- Shabnum Zaman
- Sanjay Kumar
- Adar Cyrus Poonawalla
What is the registered address of Poonawalla Fincorp Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Poonawalla Fincorp Limited is 201 And 202 2Nd Floor Ap81 Koregaon Park Annex, Mundhwa India, Pune, Maharashtra, 411036.
What is the corporate identification number (CIN) and company number of Poonawalla Fincorp Limited?
The corporate identification number (CIN) of Poonawalla Fincorp Limited is L51504PN1978PLC209007 and the company number is 031813 as per Ministry of Corporate Affairs (MCA).
Is Poonawalla Fincorp Limited registered with any stock exchange in India?
Yes, Poonawalla Fincorp Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MAGMA.
What is the official website of Poonawalla Fincorp Limited?
The Official website of Poonawalla Fincorp Limited is https://www.poonawallafincorp.com
What has been the recent revenue trend for Poonawalla Fincorp Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Poonawalla Fincorp Limited has risen by 28.27%.
How many employees does Poonawalla Fincorp Limited currently have?
As Per 2023 financial reports, 2666 employees are currently employed by Poonawalla Fincorp Limited.
What change has been observed in the net worth of Poonawalla Fincorp Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Poonawalla Fincorp Limited has experienced an upsurge of 12.43%.
What are the total open charges for Poonawalla Fincorp Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Poonawalla Fincorp Limited amount to ₹ 22,565.24 Cr.
When was the last Balance Sheet of Poonawalla Fincorp Limited filed with the ROC?
The most recent Balance Sheet for Poonawalla Fincorp Limited was filed with the ROC on 31 Mar 2024.
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