This LIC-backed company redeems 1200 NCDs, shares to in focus | Check full details here

Despite the stock's subdued performance, the company reported strong Q4 FY2024-25 results, with standalone net profit rising 25% year-on-year to ₹45 crore, compared to ₹36 crore in the same quarter last year.

Written by: Victor Dasgupta Edited by: Victor Dasgupta

Published: July 13, 2025, 5:16 PM IST

Share

Share Article

• Facebook
• WhatsApp
• X
• Email
• Telegram
• Linkedin

https://www.india.com/business/this-lic-backed-nbfc-paisalo-digital-redeems-1200-ncds-shares-to-in-focus-check-full-details-here-7942179/ Copy

Image for representational purposes

Share Market News: LIC-backed NBFC Paisalo Digital will remain in the spotlight on Monday, July 14, 2025, as the company has announced the partial redemption of non-convertible debentures (NCDs).

In a stock exchange filing dated July 13, the company said it has redeemed 1,200 NCDs on their scheduled maturity date, July 12, 2025. These debentures are part of the 9.95% Listed, Secured, Redeemable Non-Convertible Debentures (Series- PDL042024, ISIN: INE420C07106), each carrying a face value of ₹1,00,000.

The company further clarified that the remaining 600 NCDs under the same ISIN will mature on October 10, 2025.

Paisalo Digital shares closed 2.42% lower at ₹30.68 on Friday, compared to the previous close of ₹31.44. The stock has seen a sharp correction, declining over 29% in the past six months and nearly 60% over the last one year.

Despite the stock’s weak performance, the company posted strong Q4 FY2024-25 results. Standalone net profit rose 25% year-on-year to ₹45 crore, up from ₹36 crore in the same quarter last year. Net Interest Income (NII) surged 41% YoY to ₹96 crore, while total interest income increased to ₹178.09 crore from ₹147.73 crore.

However, asset quality saw some deterioration. Gross and Net NPA rose to 0.99% and 0.76% respectively, compared to 0.21% and 0.02% in Q4 FY24. The company said it is working to enhance its debt recovery and management systems to curb rising delinquencies.

On a positive note, Paisalo Digital reported its highest-ever Assets Under Management (AUM) during the quarter, reaching ₹5,232.8 crore—a 14.1% increase from ₹4,586 crore a year earlier.