LIC-owned NBFC stock under ₹50 to be in focus on Thursday; here’s why

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NBFC stock Paisalo Digital will remain in focus in Thursday’s trading session after the company informed the exchanges that its promoter Equilibrated Venture Cflow Private Limited purchased an additional stake in the company.

Paisalo Digital share price closed 0.30 per cent up at 30.40 apiece on NSE on Tuesday. However, the NBFC stock has given negative returns in the short term by declining over 4 per cent in a month and nearly 18.35 per cent in six months.

Paisalo Digital is part of the LIC stock portfolio. The shareholding pattern suggests that LIC owns 1.12% stake or 77,59,511 shares of the NBFC stock below 50.

Paisalo Digital promoter stake purchase details

In an exchange filing on Tuesday, the company said that its promoter Equilibrated Venture Cflow Private Limited increased its stake from 16.50 per cent to 16.68 per cent in the June quarter 2025.

The promoter entity bought 16,36,470 shares worth 4,93,52,935 via open market transaction on the same day.

In another exchange filing back on July 25, the company had informed the exchanges that the promoter Equilibrated Venture Cflow Private Limited purchased 74,70,000 shares, increasing its stake from 15.67 per cent to 16.50 per cent, aggregating to 24,85,63,367 via open market.

Paisalo Digital Q1 results 2025

For the quarter ending June 2025, Paisalo Digital reported a 13.25 per cent year-on-year (YoY) growth in net profit, reaching 47 crore compared to 41.5 crore in the same period last year. The company also recorded a 17.2 per cent YoY increase in total income at 218.71 crore, up from 186.55 crore in Q1FY25.

Interest income rose 21.7 per cent to 200.88 crore from 165.09 crore a year ago, while fee and commission income saw a slight dip to 17.37 crore from 20.06 crore.

Despite increased costs, including higher finance expenses and impairment charges, Paisalo posted a 13.9 per cent YoY growth in profit before tax (PBT), which stood at 63.60 crore compared to 55.80 crore in the corresponding quarter last year. Total expenses climbed to 155.11 crore, up from 130.75 crore in Q1FY25.

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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