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Earnings Call

Piramal Finance Earnings Call: Key Takeaways

Piramal Finance achieved ₹1.5 lac Cr AUM target trajectory, crossing ₹1 lac Cr in FY26. Transitioned to 85% retail-led book with stabilizing risk and significant credit rating upgrades.

Why this was an Alfa AlertNot a filter event. Results for FY26 (PAT ₹1,506 Cr) were within the guided range of ₹1,300-1,500 Cr (approx. 0.4% beat on upper end).
Highlights
Revenue growthAUM up 25% YoY; Growth AUM up 33% YoY.
MarginsConsol NIM up to 6.5%; Growth NIM at 7.0%.
Demand visibilityHigh; expanding urban and rural branch networks (701 branches).
Management confidenceStrong; met all FY26 targets and upgraded FY27 profit outlook.

Growth

Total AUM grew 25% YoY to ₹1,01,230 Cr; Growth AUM up 33%. Consol. PAT rose 210% to ₹1,506 Cr.

Outlook

FY27 Guidance: ~25% AUM growth and ~50% PAT growth. Targeting ₹1.5 lac Cr AUM by FY28 with RoAUM >3%.

Risks

Legacy AUM still 3% of total; retail opex-to-AUM at 3.6% requires continued operating leverage to hit long-term goals.

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.

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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.