Archive · 9 Oct 2026
Brokerages Preview Results for Poonawalla, Wealth, Insurance and Can Fin
Four brokerages shared their expectations for company results.
Motilal Oswal expects Anand Rathi Wealth’s assets under management to stay nearly unchanged from the previous quarter.
It expects the company’s revenue and profit margins to improve, but rates the stock ‘sell’.
JM Financial expects strong yearly growth in Poonawalla Fincorp’s assets and net interest income, and rates it ‘add’.
Systematix expects healthy new business growth at Canara HSBC Life Insurance and gives it a ‘buy’ rating.
Jefferies expects Can Fin Homes’ profit to grow only modestly and says its margins may weaken.
Jefferies nevertheless rates Can Fin Homes ‘buy’.
The brokerages also provided target prices for all four stocks.
Motilal Oswal expects Anand Rathi Wealth’s quarterly AUM growth to be broadly flat, with revenue and EBITDA margins improving.
Motilal Oswal rates Anand Rathi Wealth ‘sell’ and sets a target price of Rs 1,630.
JM Financial forecasts Poonawalla Fincorp’s AUM to grow 55% year on year and NII to rise 76%; it rates the stock ‘add’ with a Rs 530 target.
Systematix expects Canara HSBC Life Insurance’s APE growth to be around 12% year on year and VNB margins at 31%; it rates the stock ‘buy’ with a Rs 170 target.
Jefferies expects Can Fin Homes’ profit growth to be 6% year on year, with margins under pressure; it rates the stock ‘buy’ with a Rs 1,075 target.
- Who
- Motilal Oswal, JM Financial, Systematix Institutional Equities and Jefferies issued forecasts for Anand Rathi Wealth, Poonawalla Fincorp, Canara HSBC Life Insurance and Can Fin Homes.
- What
- Brokerages published company-result previews, stock ratings and target prices.
- When
- Ahead of the companies’ results; no specific date is stated.
- Why
- To outline expected financial performance and provide brokerage ratings and target prices.
Positive outlook
Cautious outlook
Anand Rathi Wealth rating
Positive outlook
Motilal Oswal expects revenue and EBITDA margins to improve, supported by better yields and productivity improvements.
Cautious outlook
Motilal Oswal rates the stock ‘sell’ and expects quarterly AUM growth to remain broadly flat.
Can Fin Homes outlook
Positive outlook
Jefferies rates Can Fin Homes ‘buy’ and expects AUM and loan book growth of 10%.
Cautious outlook
Jefferies expects profit growth of 6%, flat PPoP and pressure on margins.
- Anand Rathi Wealth
- Motilal Oswal: ‘sell’; target price Rs 1,630.
- Poonawalla Fincorp
- JM Financial: ‘add’; target price Rs 530.
- Poonawalla Fincorp forecast
- AUM growth of 55% year on year; NII growth of 76%.
- Canara HSBC Life Insurance
- Systematix: ‘buy’; target price Rs 170.
- Canara HSBC Life Insurance forecast
- APE growth of 12% year on year; VNB margins of 31%.
- Can Fin Homes
- Jefferies: ‘buy’; target price Rs 1,075.
- Can Fin Homes forecast
- Profit growth of 6% year on year; AUM and loan book growth of 10%.