Poonawalla Fincorp Ltd is a non-banking financial company (NBFC) in India, focusing on a range of lending solutions for individuals and businesses. Originally known as Magma Fincorp, it was rebranded after the Poonawalla Group acquired a controlling stake. The company provides loans such as personal loans, business loans, home loans, and loans for healthcare and education, serving diverse customer needs. Poonawalla Fincorp Share Price on NSE as of 25 October 2024 is 302.00 INR. Here will provide you more details on Poonawalla Fincorp Share Price Target 2024, 2025, 2026 to 2030.
Poonawalla Fincorp Ltd: Market Overview
- Open Price: ₹358.90
- High Price: ₹360.20
- Low Price: ₹287.00
- Previous Close: ₹358.70
- Volume: 12,657,285
- Value (Lacs): ₹37,598.47
- VWAP: ₹308.47
- UC Limit: ₹430.40
- LC Limit: ₹287.00
- P/E ratio: 13.42
- Div yield: N/A
- 52-wk high: ₹519.70
- 52-wk low: ₹287.00
- Mkt cap: ₹23.19°°ä°ù
- Face Value: ₹2
Poonawalla Fincorp Ltd Competitors
Here are five competitor companies of Poonawalla Fincorp Ltd in the Indian non-banking financial company (NBFC) sector, along with their approximate market capitalizations:
- Bajaj Finserv Ltd – Market Cap: ₹2,00,000 crore. Bajaj Finserv offers a wide range of financial services, including consumer finance, SME finance, and insurance.
- Aditya Birla Capital Ltd – Market Cap: ₹70,000 crore. This company provides financial solutions across various segments, including life insurance, asset management, and lending.
- Mahindra & Mahindra Financial Services Ltd – Market Cap: ₹60,000 crore. Specializing in rural and semi-urban financing, Mahindra Finance offers loans for vehicles, equipment, and personal needs.
- Cholamandalam Investment and Finance Company Ltd – Market Cap: ₹50,000 crore. This company focuses on vehicle finance, home loans, and corporate finance, catering to diverse customer segments.
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IIFL Finance Ltd – Market Cap: ₹40,000 crore. IIFL Finance provides a range of financial services, including home loans, business loans, and gold loans, with a strong presence in retail financing.
Poonawalla Fincorp Share Price Chart
Poonawalla Fincorp Share Price Target Tomorrow 2024 To 2030
Poonawalla Fincorp Share Price Target Years | Share Price Target |
2024 | ₹525 |
2025 | ₹646 |
2026 | ₹695 |
2027 | ₹745 |
2028 | ₹790 |
2029 | ₹855 |
2030 | ₹905 |
Poonawalla Fincorp Share Price Target 2024
Poonawalla Fincorp share price target 2024 Expected target could be₹525. Here are three key factors that may influence the growth of Poonawalla Fincorp’s share price target in 2024:
- Strong Loan Growth and Digital Expansion: Poonawalla Fincorp’s focus on expanding its digital lending platform and improving its loan offerings can attract more customers, potentially increasing its loan book size and overall revenues.
- Lower Borrowing Costs: With access to funds at competitive rates, thanks to the backing of the Poonawalla Group, the company may benefit from lower borrowing costs, enhancing profitability and attracting investor interest.
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Expanding Product Portfolio: The company is working to diversify its financial products, including personal loans, business loans, and SME financing. This diversification could lead to new revenue streams, making the company less vulnerable to sector-specific risks and more appealing to a broader investor base.
Poonawalla Fincorp Share Price Target 2025
Poonawalla Fincorp share price target 2025 Expected target could be ₹646. Here are three key factors that could impact Poonawalla Fincorp’s share price target in 2025:
- Increased Demand for Digital Lending: As digital lending becomes more popular, Poonawalla Fincorp’s continued investment in technology and digital processes can boost customer acquisition, improve loan disbursal times, and enhance the overall customer experience, potentially driving growth.
- Expansion into New Markets and Segments: The company’s plans to penetrate new markets and tap into under-served customer segments, like SMEs and rural borrowers, can significantly contribute to its loan book expansion, thereby positively impacting its financial performance.
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Focus on Asset Quality and NPA Management: Maintaining low non-performing assets (NPA) through robust risk assessment and improved underwriting practices will be crucial for sustainable growth. Effective NPA management can strengthen investor confidence in the company’s long-term profitability and stability.
Poonawalla Fincorp Share Price Target 2030
Poonawalla Fincorp share price target 2030 Expected target could be ₹905. Here are three potential risks and challenges that could impact Poonawalla Fincorp’s share price target by 2030:
- Regulatory Changes in the Financial Sector: Stringent regulations or sudden policy changes in the NBFC (Non-Banking Financial Company) sector could increase operational costs and limit growth opportunities, impacting the company’s profitability and share price.
- Competitive Pressure from Digital-Only Lenders: With the rise of digital-only fintech firms, Poonawalla Fincorp may face increased competition in its key lending areas. This could pressure its market share and require significant investment in technology to stay competitive.
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Economic Slowdowns Impacting Loan Repayments: Prolonged economic downturns or financial instability may lead to higher loan defaults among borrowers. Managing non-performing assets (NPAs) during economic slowdowns could become challenging, affecting the company’s financial health and investor confidence.
Poonawalla Fincorp Ltd Shareholding Pattern
- Promoter: 61.87%
- FII: 7.72%
- DII: 10.61%
- Public: 19.79%
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Poonawalla Fincorp Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 21.14B | 40.30% |
Operating expense | 7.94B | 0.12% |
Net income | 16.83B | 146.02% |
Net profit margin | 79.61 | 75.35% |
Earnings per share | 13.72 | 87.66% |
EBITDA | — | — |
Effective tax rate | 22.62% | — |
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