Thread by @AlphSt_India

Poonawalla Fincorp Ltd Q4 FY22 Earnings Concall Insights

#POONAWALLA #POONAWALLAQ4 #PoonawallaFincorp #concall #concalls #insights #results #stocks #TrendingStocks #earnings #stockmarketindia #stocktowatch
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POONAWALLA said its Housing arm delivered its highest ever profit before tax of INR101 crores against INR14 crores last year.

Q&A Insights: Nikhil Rungta of @NipponIndiaMF asked about the 30 BP impact due to ESOPs on the opex side and its outlook. Sanjay CFO said that the charge may increase for FY23. But this is a notional charge to P&L and will get reflected multifold into performance of the company.

Q&A Insights: Nikhil Rungta from @NipponIndiaMF enquired about provision; when standard asset provisioning will be coming in the numbers. Sanjay Miranka CFO answered that overall provision is very healthy at 58.9% as far as the stage 3 PCR is concerned.

Q&A Insights: Harshvardhan A of @IDFCFIRSTBank asked about the disbursement number, if it has an element of any inorganic portfolio that’s acquired. Abhay Bhutada MD replied that that number has got both organic and inorganic book. However, the focus is on building organic book.

Q&A Insights: Sonal from @NirmalBang asked about digital tieups and what kind of partnerships it is entering into. Abhay Bhutada MD said that all the partnerships need to have two things; scalability and the risk management practices. Therefore, the company is not banking on FLDG

Q&A Insights: Sonal of @NirmalBang also asked if the digital tieups will be more like DSAs or co-lending partners. Abhay Bhutada MD said that the company does a mix of both. So wherever there’s the NBFC available for the partner, the preference would be a co-lending arrangement.

To read further on the detailed analysis of #POONAWALLA #Q4 concall Q&A …

alphastreet.com/india/poonawal…