Poonawalla Fincorp Limited submitted its Asset Liability Management (ALM) statement to BSE Limited in compliance with SEBI Master Circular no. SEBI/HO/DDHS/DDHS-PoD/P/CIR/2025/0000000137 dated October 15, 2025, specifically referencing clause 9 of chapter XVII dealing with continuous obligations and disclosure requirements for listed commercial papers.

The ALM statement covers the quarter and half year ended September 30, 2026, and was also submitted to the Reserve Bank of India. The submission was digitally signed by Shabnum Zaman, Company Secretary (ACS-13918) on October 09, 2026 at 17:05:16 +05'30.

Structural Liquidity Analysis

Outflows (Total: ₹7,885.95 Crore)

  • Capital: ₹17,612.00 crore entirely in equity capital (over 5 years bucket)
  • Reserves & Surplus: ₹1,352,727.00 crore comprising:
  • Share Premium Account: ₹953,444.00 crore (over 5 years)
  • Reserves under Sec 45-IC of RBI Act 1934: ₹103,487.00 crore (over 5 years)
  • Capital Redemption Reserve: ₹1,422.00 crore (over 5 years)
  • Other Capital Reserves: ₹480.00 crore (over 5 years)
  • Balance of profit and loss account: ₹293,894.00 crore (over 5 years, includes ESOP reserve & OCI)
  • Borrowings (Total: ₹6,213,336.00 Crore)
  • Bank Borrowings (₹3,576,739.00 Crore): Primarily Term Money Borrowings (₹2,684,159.00 crore) spread across maturity buckets from 0-7 days (₹4,714.10 crore) to over 5 years (₹709,497.47 crore). Includes WCDL (₹305,899.88 crore), Cash Credit (₹275,600.12 crore), and ECBs (₹311,080.00 crore).
  • Borrowings from Other Parties (₹555,914.00 Crore): Distributed across maturity buckets from over 1 month to 2 months (₹3,676.67 crore) to over 5 years (₹22,005.49 crore).
  • Commercial Papers (CPs) (₹257,447.00 Crore): Significant portion (₹183,305.49 crore) held by Mutual Funds, with maturities mainly in 15-30 days (₹109,638.05 crore) and over 1-2 months (₹49,653.34 crore). Also held by Banks (₹44,838.63 crore) and Others (₹29,302.88 crore).
  • Non-Convertible Debentures (NCDs) (₹1,737,248.00 Crore): Majority are Secured (₹1,737,248.00 crore), with maturities concentrated in the over 1-3 years (₹678,987.82 crore) and over 3-5 years (₹226,959.33 crore) buckets.
  • Subordinate Debt: ₹85,599.00 crore
  • Perpetual Debt Instrument: ₹389.00 crore
  • Current Liabilities & Provisions: ₹161,849.55 crore, including expenses payable (₹41,145.00 crore), interest payable (₹59,064.00 crore), provisions for standard assets (₹53,231.55 crore), and other provisions (₹6,650.99 crore).
  • Statutory Dues: ₹3,163.00 crore
  • Debt Service Realisation Account: ₹84,665.00 crore
  • Off Balance Sheet Exposure: ₹52,597.96 crore entirely from loan commitments pending disbursal (0-7 days bucket).

Inflows (Total: ₹7,885.95 Crore)

  • Balances With Banks: ₹22,360.01 crore, primarily in current accounts (₹21,624.00 crore in 0-7 days).
  • Investments (net of provisions): ₹307,780.02 crore, almost entirely in listed investments (₹304,348.02 crore), with significant amounts in 0-7 days (₹184,329.00 crore), 8-14 days (₹23,112.23 crore), and over 6 months to 1 year (₹39,114.73 crore) buckets.
  • Advances (Performing): ₹6,943,582.14 crore, representing the largest inflow source, spread across all maturity buckets with concentrations in over 1-3 years (₹2,566,801.36 crore) and over 5 years (₹1,422,568.11 crore).
  • Non-Performing Loans (NPA): ₹42,970.42 crore (net of provisions),全部 in the over 5 years bucket, comprising substandard (₹41,664.07 crore) and doubtful/loss (₹1,306.35 crore) categories.
  • Fixed Assets: ₹14,034.00 crore (over 5 years)
  • Other Assets: ₹515,267.92 crore, including intangible assets (₹24,779.00 crore in over 5 years) and other items like accrued income and receivables (₹485,598.26 crore spread across maturity buckets).
  • Off Balance Sheet Inflows: ₹39,956.00 crore from currency swaps (over 6 months to 1 year bucket).

Liquidity Mismatch Analysis

  • The cumulative mismatch resolves to zero (₹0.00 crore) by the final (over 5 years) time bucket.
  • Significant positive mismatch (surplus) is observed in the 0-7 days bucket (₹437,552.56 crore, 631.14% of outflows).
  • Significant negative mismatch (deficit) is observed in the over 3-6 months bucket (₹-553,794.17 crore, -36.52% of outflows) and over 6 months to 1 year bucket (₹-446,067.16 crore, -41.78% of outflows).
  • The cumulative mismatch as a percentage of cumulative outflows decreases from 631.14% (0-7 days) to 0.00% (over 5 years).

Actual Outflow/Inflow During Last Month

  • Actual Outflows (previous month): ₹251,243.54 crore, primarily in the 15-30 days bucket (₹82,993.50 crore from borrowings and ₹573,821.86 crore from other assets).
  • Actual Inflows (previous month): ₹645,009.81 crore, primarily from advances (₹71,187.95 crore) and other assets (₹573,788.74 crore) in the 15-30 days bucket, and investments (₹121,517.06 crore) in the 0-7 days bucket.