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Earnings Call

Piramal Finance Earnings Call: Key Takeaways

Piramal Finance achieved ₹1,01,230 Cr AUM, up 25% YoY, with Consol. PAT of ₹1,506 Cr. Business transitioned to 85% retail with improved RoAUM.

Why this was an Alfa AlertNet Profit beat: Guided FY26 PAT of ₹1,300-1,500cr, achieved ₹1,506cr, exceeding the upper end of guidance by management.
Highlights
Revenue growthTotal Income at 13.4% of AUM
MarginsConsol NIM up to 6.5%; Retail opex-to-AUM declined to 3.6%
Demand visibilityStrong retail disbursement growth, up 34% in Q4 FY26
Management confidenceMet all FY26 targets; positive on 1.5L Cr AUM by FY28

Growth

FY26 Total AUM grew 25% YoY; Growth AUM up 33%. Consol. PAT surged 210% YoY.

Outlook

FY27 targets: ~25% AUM growth, ~50% profit growth, and ~2.5% exit RoAUM.

Risks

Transition from legacy assets; maintaining stable 0.6% retail 90+ DPD amid rapid growth.

Source

Earnings Call filed with NSE, NSE: PIRAMALFIN. Summary written with AI assistance from the document.

Read the document ↗

Piramal Finance Ltd: key numbers

Share price
₹2,142.70
Market cap
₹50,703 Cr
Revenue (annual)
₹11,852 Cr
Net profit (annual)
₹1,504 Cr
P/E (TTM)
30.1×Sector 22.0×
Promoter holding
44.22%-1.94% QoQ
FII holding
15.72%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Piramal Finance Ltd

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17:36 IST BSE
Debt & Borrowing

Piramal Finance Debt & Borrowing: ₹462.1 Cr

Piramal Finance Limited successfully processed a partial face value redemption of its Secured Rated Listed Redeemable NCDs on September 25, 2026. The redeemed amount is ₹462.07 Crore.

Value
₹462.1 Cr
17:35 IST BSE
Debt & Borrowing

Piramal Finance Debt & Borrowing: ₹487.4 Cr

Piramal Finance Ltd successfully paid Rs.487.42 Crore in interest on its secured NCDs. This disclosure confirms fulfilment of the company's debt servicing obligations.

Value
₹487.4 Cr
17:34 IST BSE
Debt & Borrowing

Piramal Finance Debt & Borrowing: ₹949.5 Cr

Piramal Finance made interest and partial redemption payments totaling ₹949.49 Crore for its Non-Convertible Debentures (ISIN: INE516Y07444) ahead of schedule due to a bank strike.

Value
₹949.5 Cr
21:54 IST NSE
Business Update

Piramal Finance Business Update

Piramal Finance disclosed FY26 insurance commission income of Rs. 200 Crore and discussed potential impacts of recent IRDAI draft regulations on future insurance distribution economics.

14:57 IST NSE
Debt & Borrowing

Piramal Finance Debt & Borrowing: ₹6.22 Cr

Piramal Finance certified timely interest payment of ₹6.22 Crore on two NCD tranches under Reg 57. Monthly coupon payments were made on 21 September 2026.

Value
₹6.22 Cr
11:17 IST BSE
Debt & Borrowing

Piramal Finance Debt & Borrowing

Piramal Finance Limited allotted Non-Convertible Debentures to investors on 21 September 2026. The filing does not disclose the specific allotment size or pricing details.