Paisalo Digital Limited — Important, 04-02-2025: Updates

**Financial Highlights:**

Paisalo Digital reported a solid performance for Q3 FY 2025, achieving an Asset Under Management (AUM) of ₹47,488 mn, reflecting a year-on-year growth of 12%. Revenue surged to ₹5,773 mn, representing a 25% increase YoY. The company reported a Profit After Tax (PAT) of ₹1,538 mn, with a growth of 8% YoY. Net worth rose to ₹14,638 mn, showcasing a 13% increase.

**Strategic Initiatives and Growth Drivers:**

Paisalo added a record 1.41 million new customers in Q3, bringing the total customer base to 7.93 million. The company has also expanded its geographic reach with 3,538 touchpoints across 22 states, with 263 new additions in Q3 alone.

**Business Developments:**

The successful issuance of ₹4,230 mn (USD 50 million) in Foreign Currency Convertible Bonds (FCCBs) further strengthens the company’s capital base.

**Market Position and Competitive Advantage:**

With a Capital Adequacy Ratio of 42.26% and low Non-Performing Asset (NPA) ratios at 1.1% (GNPA) and 0.84% (NNPA), Paisalo continues to maintain strong asset quality while pursuing growth.

**Investor Implications:**

The positive outlook on Paisalo reflects strong customer acquisition and revenue growth, positioning it well for future expansion and profitability, although investors should monitor the company’s asset quality closely as it aims to normalize its NPA ratios.