The shares of Poonawalla Fincorp and CreditAccess Grameen recorded notable gains on July 4 as investors cheered strong Q1 updates from the two non-banking financial institutions. Bandhan Bank shares however dropped in trade.
The three companies released business updates for the first quarter of the financial year 2026 (April 2025 to June 2025).
Poonawalla Fincorp Q1:
Poonawalla Fincorp on July 4 said that its assets under management (AUM) increased nearly 53 percent on-year to Rs 41,250 crore, as of June 30. On a quarter-on-quarter basis, the non-banking financial company registered a growth of nearly 16 percent in AUM, as per the provisional figures. The company's liquidity stood at Rs 4,450 crore at the end of the quarter under review.
"In line with our guidance, we have completed launch of six new businesses and seeing positive traction," the company said.
Poonawalla Fincorp shares gained over 2 percent to trade at Rs 477 apiece. Earlier during the day, the stock had hit a fresh 52-week high of Rs 483 apiece. The shares of the company have gained nearly 19 percent in the past one month, and over 52 percent in the past six months.
CreditAccess Grameen:
CreditAccess Grameen said that it has recorded its highest first quarter disbursement and strong business momentum in Q1 FY26. The company added nearly 2 lakh new borrowers during the quarter under review.
The NBFC "delivered a healthy QoQ growth of 3.1% (pre write-off basis) while fully adhering with MFIN Guardrails", it said. Its gross loan portfolio (GLP) increased 0.4 percent on-year to Rs 26,055 crore. This however included write-offs worth Rs 693 crore.
Its asset quality also improved, with Portfolio at Risk (PAR) 0+ days falling to 5.9 percent in Q1 FY26, from 6.9 percent in Q4 FY25.
CreditAccess Grameen shares gained nearly 7 percent to trade at Rs 1,325.70 apiece in the afternoon, nearing its 52-week high record of Rs 1,369 apiece. The stock has so far gained nearly 8 percent in the past five days, and nearly 13 percent in the past one month. The shares of the NBFC have jumped nearly 45 percent in the past six months.
Bandhan Bank:
Bandhan Bank's loan growth trailed the growth in deposits in the quarter which ended on June 30, growing only 6.4 percent on-year. Loans and advances disbursed by the bank stood at Rs 1.34 lakh crore during the quarter. This marked a fall of 2.5 percent sequentially. The bank's deposits meanwhile grew 16.1 percent on-year to Rs 1.55 lakh crore. Sequentially, deposits grew 2.3 percent.
Of the total deposits, the retail segment grew the most at 33.6 percent on year to Rs 63,658 crore during the quarter under review. Bulk deposits rose 19.6 percent on-year to Rs 49,147 crore. The lender's current account saving account ratio came down to 27.06 percent in Q1 FY26, from 31.37 percent in Q4 FY25 and 33.37 percent in Q1 FY25. The Kolkata-based lender's Liquidity Coverage Ratio at the end of June 30 stood at around 178.28 percent, the provisional figures showed.
Bandhan Bank shares dropped 3.5 percent to trade at Rs 177 apiece. The shares of the bank have dropped over 6 percent in the past five days, but have risen over 5 percent in the past one month. The stock has gained over 17 percent in the past six months.
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