Poonawalla Fincorp Ltd Share Price Target 2024, 2025 to 2030

Poonawalla Fincorp Limited, a Non-Banking Finance Company (NBFC) under the Cyrus Poonawalla Group, specializes in consumer and MSME financing, offering a diverse range of products to meet the increasing financial needs of customers and businesses. The company is driven by the values of Passion, People, Purpose, Principles, and Possibilities, ensuring best-in-class service and solutions with integrity and dedication. Committed to transparency, Poonawalla Fincorp deeply invests in technology and innovation to create endless opportunities and support customers’ growth journeys. Striving for excellence, the company aims to set new benchmarks and uphold Trust, Integrity, Transparency, and Excellence at its core.

Latest News on Poonawalla Fincorp Limited

Recently, Poonawalla Fincorp made headlines with two major updates. First, the company partnered with IndusInd Bank to launch the eLITE RuPay Platinum credit card. This card is designed to appeal to customers with attractive rewards on a variety of transactions, including online, UPI, and offline purchases. This move is part of Poonawalla Fincorp’s strategy to expand its digital offerings and enhance customer experience in the rapidly growing digital payments space.

On the regulatory front, the Reserve Bank of India (RBI) issued a caution to NBFCs (Non-Banking Financial Companies), including Poonawalla Fincorp, advising them to avoid aggressive lending practices. The RBI stressed the need for NBFCs to maintain prudent lending standards and ensure that funds are used responsibly. This guidance comes as the regulator seeks to curb potential risks in the financial sector amid rising concerns over aggressive growth strategies that may compromise financial stability.

History of Poonawalla Fincorp Ltd

Poonawalla Fincorp Limited, established in 1988 by Mayank Poddar and Sanjay Chamria as Magma Leasing Limited, began its operations in 1989 and entered the retail financing business for vehicles and construction equipment in 1996. The acquisition of Consortium Finance Ltd in 2000 expanded its network across Northern India, while the merger with Shrachi Infrastructure Finance in 2007 extended its presence in southern and western India. A joint venture with International Tractors Limited (ITL) in 2007 marked its entry into the tractor financing business. Rebranded as Magma Fincorp Limited in 2008, the company ventured into general insurance through a partnership with HDI Global in 2009 and acquired stakes in Experian Credit Information Company of India Pvt Ltd and GE Money Housing Finance in 2012. In 2021, Rising Sun Holdings, controlled by Adar Poonawalla, made a significant investment, leading to the rebranding of Magma Fincorp as Poonawalla Fincorp. Further capital infusion by ICICI Ventures, Cyza Chem, and Morgan Stanley occurred in March 2021. In December 2022, the company sold its subsidiary, Poonawalla Housing Finance, to Perseus SG, an entity of TPG Global, for ₹3,900 crore (US$470 million), focusing on its core operations and growth.

Shareholding patterns of Poonawalla Fincorp Limited

	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters +	62.10%	62.07%	62.13%	62.09%	61.87%
FIIs +	7.91%	7.79%	7.76%	7.85%	7.72%
DIIs +	6.94%	5.58%	5.81%	6.77%	9.63%
Public +	23.06%	24.57%	23.79%	22.64%	20.12%
Others +	0.00%	0.00%	0.52%	0.66%	0.65%
No. of Shareholders	2,02,705	1,95,334	2,03,244	2,32,421	2,65,650

The shareholding patterns of Poonawalla Fincorp Ltd from September 2023 to September 2024 show some notable changes. Promoters’ holdings slightly fluctuated, starting at 62.10% in September 2023 and slightly declining to 61.87% by September 2024. This indicates a minor reduction in their stake. Foreign Institutional Investors (FIIs) saw a small decrease in their holdings, moving from 7.91% in September 2023 to 7.72% in September 2024, showing consistent interest but with a slight drop.

Domestic Institutional Investors (DIIs), on the other hand, increased their holdings significantly from 6.94% in September 2023 to 9.63% in September 2024. This suggests growing confidence from domestic investors over the year. Public shareholding decreased from 23.06% to 20.12%, indicating a shift away from retail or non-institutional investors. Meanwhile, the category labeled “Others” remained relatively minor but showed a small presence, starting at 0.00% in September 2023 and stabilizing at around 0.65% by September 2024.

The number of shareholders increased substantially, from 2,02,705 in September 2023 to 2,65,650 by September 2024, reflecting growing interest and participation in the stock by investors over this period.

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
October 2024	395.05	343.53
November 2024	410.86	357.27
December 2024	414.96	360.84

Poonawalla Fincorp Limited Share Price Target 2025

When	Maximum Price	Minimum Price
January 2025	419.11	322.40
February 2025	423.35	325.65
March 2025	432.24	332.49
April 2025	427.96	329.20
May 2025	415.49	319.61
June 2025	434.19	333.99
July 2025	425.68	327.44
August 2025	438.84	337.57
September 2025	444.11	341.62
October 2025	455.66	350.50
November 2025	467.05	359.27
December 2025	488.06	375.43

As we step into 2025, Poonawalla Fincorp‘s stock prices are expected to exhibit steady growth. In January 2025, the maximum price is projected to reach ₹419.11, while the minimum is expected to be ₹322.40. As the year progresses, by December 2025, the maximum price is projected to climb to ₹488.06, with a minimum of ₹375.43. These projections suggest a positive outlook for Poonawalla Fincorp throughout 2025, indicating potential opportunities for investors.

Poonawalla Fincorp Limited Share Price Prediction 2026

When	Maximum Price	Minimum Price
January 2026	502.71	386.70
February 2026	490.14	377.03
March 2026	499.94	384.57
April 2026	510.14	392.42
May 2026	505.09	388.53
June 2026	517.72	398.25
July 2026	507.57	390.44
August 2026	523.27	402.51
September 2026	533.73	410.56
October 2026	547.61	421.24
November 2026	561.30	431.77
December 2026	575.33	442.56

Poonawalla Fincorp Limited Share Price Prediction 2027

When	Maximum Price	Minimum Price
January 2027	581.09	446.99
February 2027	595.99	458.45
March 2027	619.23	476.33
April 2027	607.09	466.99
May 2027	589.40	453.39
June 2027	615.93	473.79
July 2027	603.85	464.50
August 2027	622.53	478.87
September 2027	644.32	495.63
October 2027	661.07	508.51
November 2027	677.59	521.23
December 2027	694.53	534.26

Poonawalla Fincorp Limited Share Price Target 2028

When	Maximum Price	Minimum Price
January 2028	708.42	544.94
February 2028	726.59	558.91
March 2028	754.93	580.71
April 2028	740.12	569.33
May 2028	718.57	552.74
June 2028	750.90	577.62
July 2028	736.18	566.29
August 2028	758.95	583.81
September 2028	785.51	604.24
October 2028	805.93	619.95
November 2028	826.08	635.45
December 2028	846.73	651.33

Poonawalla Fincorp Limited Share Price Target 2029

When	Maximum Price	Minimum Price
January 2029	863.67	664.36
February 2029	885.81	681.40
March 2029	920.36	707.97
April 2029	902.31	694.09
May 2029	876.03	673.87
June 2029	915.45	704.20
July 2029	897.50	690.39
August 2029	925.26	711.74
September 2029	957.65	736.65
October 2029	982.55	755.80
November 2029	1,007.11	774.70
December 2029	1,032.29	794.07

Poonawalla Fincorp Limited Share Price Prediction 2030

When	Maximum Price	Minimum Price
January 2030	1,052.93	809.95
February 2030	1,079.93	830.72
March 2030	1,122.05	863.11
April 2030	1,100.05	846.19
May 2030	1,068.01	821.54
June 2030	1,116.07	858.51
July 2030	1,094.18	841.68
August 2030	1,128.02	867.71
September 2030	1,167.51	898.08
October 2030	1,197.86	921.43
November 2030	1,227.81	944.47
December 2030	1,258.50	968.08

As we move into 2030, Poonawalla Fincorp‘s stock prices are projected to show substantial growth. In January 2030, the maximum price is expected to reach ₹1,052.93, while the minimum price is projected at ₹809.95. By the time we reach December 2030, the maximum price is expected to climb to ₹1,258.50, with the minimum projected at ₹968.08.

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 experienced notable financial fluctuations from March 2020 to the trailing twelve months (TTM) ending in March 2024. Revenue initially stood at ₹2,513 crore in March 2020, dropped to ₹1,540 crore in March 2022, and then substantially rebounded to ₹5,418 crore in March 2024. Interest expenses followed a similar pattern, 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 subsequent years.

The company’s financing profit demonstrated a significant 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 an impressive 66% in March 2024. Other income showed 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 exhibited a strong upward trend, increasing from ₹82 crore in March 2020 to ₹2,166 crore in March 2024, with the TTM figure at ₹2,262 crore. Net profit mirrored this growth, rising from ₹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, with 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

FAQS