This LIC-backed company redeems 1200 NCDs, shares to in focus
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.
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India.com
a day ago
- India.com
This LIC-backed company redeems 1200 NCDs, shares to in focus
1 लाख के निवेश पर 10 लाख का फायदा 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.
Mint
a day ago
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LIC-owned NBFC stock to be in focus on Monday; Here's why
LIC-owned NBFC stock Paisalo Digital will remain in focus on July 14, Monday after the company said it has partly redeemed 1200 non-convertible debentures (NCDs) on July 12. " We wish to inform that pursuant to issue terms of 9.95% Listed, Secured Redeemable Non-Convertible Debentures (Series- PDL042024, ISIN: INE420C07106) having face value of Rs. 1,00,000 each (NCDs), Company has partly redeemed 1200 NCDs on its maturity date i.e. July 12, 2025," the company said in an exchange filing dated July 13. The company further informed that the remaining 600 NCDs will mature on October 10, 2025. ' Further, in terms of issue the remaining 600 NCDs under the said ISIN will be matured on October 10, 2025,' the company added. Paisalo Digital share price was down 2.42 per cent to close at ₹ 30.68 on Friday, as compared to previous close of ₹ 31.44. The NBFC stock has descended over 29 per cent in six months and nearly 60 per cent in last one year. The company reported a 25 per cent rise in standalone net profit for the fourth quarter of FY2024-25, reaching ₹ 45 crore compared to ₹ 36 crore in the same period last year. Net interest income (NII) for the quarter stood at ₹ 96 crore, marking a 41 per cent year-on-year increase. Total interest income for the March 2025 quarter was ₹ 178.09 crore, up from ₹ 147.73 crore in the corresponding quarter of the previous year. Gross and Net Non-Performing Assets (GNPA and NNPA) rose to 0.99 per cent and 0.76 per cent respectively in Q4 FY 2025, up from 0.21 per cent and 0.02 per cent in Q4 FY 2024. The company stated in its investor presentation that it is actively strengthening its debt management systems to address this. Meanwhile, Paisalo Digital reported its highest-ever Assets Under Management (AUM) during the quarter, reaching ₹ 5,232.8 crore, marking a 14.10 per cent increase from ₹ 4,586 crore in Q4 FY 2024. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
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Reliance Infrastructure plans fundraising initiative through equity, debt instruments
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