ALFA Finder| Revenue growth | FY26 Total Income up 22% YoY to ₹5,601 Cr. |
|---|---|
| Margins | Consol NIM improved to 6.5%; Retail opex-to-AUM declined to 3.6%. |
| Demand visibility | Strong retail demand across housing, LAP, and digital loans. |
| Management confidence | High; citing credit rating upgrades and meeting all FY26 guidance targets. |
Growth
FY26 Consol. PAT reached ₹1,506 Cr (up 210% YoY). Total AUM grew 25% YoY to ₹1,01,230 Cr; Growth AUM up 33% YoY.
Outlook
FY27 Guidance: ~25% AUM growth and ~50% profit growth. Target RoAUM of ~2.5%. Aiming for ₹1.5 lakh Cr AUM by FY28.
Risks
Legacy AUM still ₹2,807 Cr; microfinance asset quality event noted; high employee attrition (though declining); competitive retail lending market.
Last quarter's promises, checked
Delivered
- Legacy AUM reduction target ₹3,000-3,500 Cr → delivered ₹2,807 Cr (= BEAT)
- Consolidated PAT target ₹1,300-1,500 Cr → delivered ₹1,506 Cr (= BEAT)
- Growth AUM target 30% → delivered 33% (= BEAT)
Partly delivered
- Branch expansion target 100 new branches → delivered 108 branches across urban/gold/rural (= BEAT)
Earnings Call filed with NSE, NSE: PIRAMALFIN. Summary written with AI assistance from the document.
Piramal Finance Ltd: key numbers
- Share price
- ₹2,119.20
- Market cap
- ₹50,274 Cr
- Revenue (annual)
- ₹11,852 Cr
- Net profit (annual)
- ₹1,504 Cr
- P/E (TTM)
- 26.5×Sector 21.0×
- Promoter holding
- 44.22%-1.94% QoQ
- FII holding
- 15.61%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Piramal Finance Ltd
All →Piramal Finance Other Announcement
Piramal Finance submits its provisional October 2026 Asset Liability Management statement, filed with RBI, under commercial paper listing rules. It reports balance sheet outflows and inflows by time bucket.
Piramal Finance Employee Stock Options
Piramal Finance allotted 6,00,000 equity shares to its ESOP Trust under the 2025 employee scheme. Paid-up share capital rises to Rs 47,44,60,612 across 23,72,30,306 shares.
Piramal Finance Debt & Borrowing: ₹131.3 Cr
Piramal Finance Limited has redeemed secured NCDs worth ₹131.35 Crore upon maturity. The full redemption of ISIN INE140A07740 was completed on November 3, 2026.
- Value
- ₹131.3 Cr
Piramal Finance Debt & Borrowing: ₹28.47 Cr
Piramal Finance Ltd paid annual interest on four secured NCD series on 3 November 2026, totalling Rs.28.47 Crore. No delay or non-payment was reported.
- Value
- ₹28.47 Cr
Piramal Finance Debt & Borrowing: ₹159.8 Cr
Piramal Finance Limited has paid Rs.159.81 Crore towards interest and redemption of multiple Non-Convertible Debentures. This includes full redemption of ISIN INE140A07740 amounting to Rs.131.35 Crore.
- Value
- ₹159.8 Cr
Piramal Finance Debt & Borrowing: ₹228.3 Cr
Piramal Finance confirmed timely payment of ₹228.34 Cr annual interest on NCDs (ISIN INE202B07JW4). This is routine debt servicing on a ₹2,500 Cr issue.
- Value
- ₹228.3 Cr