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குறிப்பு: இவை NSE பொது அறிக்கைகளின் AI-உருவாக்கிய, கல்வி நோக்கச் சுருக்கங்கள் — ஒவ்வொரு ஆவணத்தையும் ஆதாரமாகக் கொண்டவை, ஆனால் முதலீட்டு ஆலோசனை அல்ல, மேலும் முழுமையற்றதாகவும் இருக்கலாம். அசல் அறிக்கையுடன் சரிபார்க்கவும், செயல்படுவதற்கு முன் SEBI-பதிவு பெற்ற முதலீட்டு ஆலோசகரை அணுகவும்.
Piramal Finance AUM Crosses ₹1 Lakh Cr; FY26 PAT at ₹1,506 Cr with 25% YoY Growth
Piramal Finance achieved a major milestone in FY26, with total AUM crossing ₹1,01,230 Cr, marking a 25% YoY increase. The company has successfully pivoted to a retail-heavy model, with retail loans now comprising 85% of the portfolio. Financial performance was robust, delivering a consolidated PAT of ₹1,506 Cr and a growth business RoAUM of 2.1% in Q4. Legacy assets have been aggressively liquidated, now representing less than 3% of the total AUM.
முக்கிய அம்சங்கள்
Total AUM reached ₹1,01,230 Cr, driven by 33% YoY growth in the core 'Growth' segment.Consolidated PAT for FY26 reported at ₹1,506 Cr; Q4 NIM improved by 14bps YoY to 6.5%.Legacy discontinued AUM reduced by 59% YoY to ₹2,807 Cr, minimizing balance sheet risk.Domestic credit ratings upgraded to AA+ by CRISIL, ICRA, and CARE during Q4 FY26.Retail branch network expanded to 701 locations, supporting a 45% CAGR in growth AUM since 2022.
👀 கவனிக்க வேண்டியவை
The company has successfully transitioned into a retail-led NBFC with a significantly de-risked balance sheet. Investors should monitor the trajectory toward the FY28 target of >3% RoAUM as the legacy book continues to shrink.
Piramal Finance Gets NCLT Nod for Merger of 3 Subsidiaries Effective April 2026
Piramal Finance Limited has received approval from the NCLT Mumbai Bench for the amalgamation of three wholly-owned subsidiaries: Piramal Corporate Tower, Piramal Agastya Offices, and DHFL Investments. The merger, effective from the appointed date of April 1, 2026, aims to streamline the group structure and eliminate operational redundancies. As these are 100% subsidiaries, no new shares will be issued, and the existing share capital of the transferor companies will be cancelled. This consolidation is expected to improve resource utilization and achieve cost savings through a simplified management structure.
முக்கிய அம்சங்கள்
NCLT Mumbai Bench allowed the amalgamation scheme involving three 100% owned subsidiaries into Piramal Finance.The merger includes DHFL Investments and two real estate/office holding entities with an appointed date of April 1, 2026.No new shares will be issued as consideration; the entire share capital of the subsidiaries will be cancelled and extinguished.The consolidation involves secured debt of approximately ₹1,155.58 crore from the transferor companies.The scheme aims to reduce regulatory costs, compliance burden, and administrative overhead by simplifying the corporate hierarchy.
👀 கவனிக்க வேண்டியவை
This is a positive structural move that enhances operational efficiency and simplifies the balance sheet without equity dilution. Investors should view this as a beneficial consolidation that reduces long-term administrative costs.
Piramal Finance Q4 FY26: Net Profit Triples to ₹1,506 Cr; AUM Crosses ₹1 Lakh Cr Milestone
Piramal Finance delivered a robust FY26 performance, with consolidated net profit surging 3x year-on-year to ₹1,506 crores. The company successfully crossed the ₹1 lakh crore AUM mark, driven by a 33% growth in the retail segment which now constitutes 85% of the total book. Asset quality remains strong with retail 90+ DPD at 0.6%, while the legacy wholesale book has been aggressively reduced to less than 3% of total AUM. A recent credit rating upgrade to AA+ is expected to lower future borrowing costs by 50-80 basis points.
முக்கிய அம்சங்கள்
Total AUM grew 25% YoY to ₹1,01,230 crores, with the Growth AUM increasing 33% YoY.Consolidated Net Profit for FY26 reached ₹1,506 crores, exceeding the management target of ₹1,300-1,500 crores.Legacy wholesale book reduced by 59% YoY to ₹2,807 crores, down from 66% of AUM four years ago to under 3% today.Retail branch network expanded to 701 branches, including the launch of 22 new gold loan branches.Growth business RoAUM improved to 2.1% in Q4 FY26 compared to 1.7% in Q4 FY25.
👀 கவனிக்க வேண்டியவை
Investors should note the successful business model transition and the AA+ rating upgrade as significant de-risking events. The company's focus on high-yield retail and gold loans, combined with falling borrowing costs, positions it well for further ROE expansion.
Piramal Finance AUM Crosses ₹1 Lakh Cr in FY26; Growth AUM Up 33% YoY
Piramal Finance reported a strong FY26, with total AUM crossing the ₹1 lakh crore milestone, driven by a 33% YoY growth in its core business. The company has successfully transitioned to a retail-led model, with retail now accounting for 85% of the total AUM compared to just 34% in 2021. Profitability is improving, with the growth business achieving a 2.1% RoAUM in Q4 FY26 and a consolidated PAT of ₹1,506 crore for the full year. Asset quality remains stable with GNPA at 2.3%, while legacy assets have been reduced to less than 3% of the total book.
முக்கிய அம்சங்கள்
Total AUM reached ₹1,01,230 Cr, marking a 25% YoY increase, with Growth AUM rising 33% YoY.Consolidated PAT for FY26 stood at ₹1,506 Cr, meeting the company's guidance of ₹1,300-1,500 Cr.Legacy (discontinued) AUM significantly reduced to ₹2,807 Cr, now representing less than 3% of the total portfolio.Domestic credit ratings upgraded to AA+ by Crisil, ICRA, and Care, reflecting improved business stability.Retail opex-to-AUM declined to 3.6%, while the company targets a long-term RoAUM of >3% by FY28.
👀 கவனிக்க வேண்டியவை
Investors should view the successful transition to a retail-heavy book and the reduction of legacy assets as a significant de-risking event. The company's trajectory towards a 3% RoAUM and ₹1.5 lakh Cr AUM by FY28 suggests strong medium-term growth potential.
Piramal Finance FY26 PAT Surges 210% to ₹1,506 Cr; AUM Crosses ₹1 Lakh Crore Milestone
Piramal Finance delivered a stellar performance in FY26, with consolidated PAT rising 210% YoY to ₹1,506 crore and Q4 PAT jumping 390% to ₹502 crore. The company achieved a major milestone as its Assets Under Management (AUM) crossed ₹1 lakh crore, driven by a 33% growth in its retail-led Growth AUM. Asset quality remained stable with GNPA at 2.3%, while the Growth-to-Legacy AUM ratio improved significantly to 97:03. Profitability was bolstered by a 14 bps expansion in Net Income Margins to 6.5% and a reduction in borrowing costs to 8.84%.
முக்கிய அம்சங்கள்
Consolidated PAT grew 210% YoY to ₹1,506 Cr in FY26; Q4 FY26 PAT surged 390% YoY to ₹502 Cr.Total AUM crossed the ₹1 lakh crore mark (₹1,01,230 Cr), representing a 25% YoY growth.Retail AUM now constitutes 85% of the total portfolio, growing 33% YoY to ₹85,885 Cr.Net Income Margin (NIM) expanded to 6.5% in Q4 FY26, while average borrowing costs fell to 8.84%.Credit ratings were upgraded to AA+ by CRISIL, ICRA, and CARE during the quarter.
👀 கவனிக்க வேண்டியவை
Investors should note the successful transition to a retail-led model and the significant reduction in legacy assets as a strong positive. The scaling of AI-driven operations and improved credit ratings suggest sustainable long-term efficiency and lower cost of funds.
📊 கடந்த 7 நாட்கள் — உணர்வு அடிப்படையில் பகுப்பாய்வு செய்யப்பட்ட அறிவிப்புகள்
Piramal Finance Q4 PAT surges 390% to ₹502 Cr; AUM crosses ₹1 Lakh Cr milestone
Piramal Finance reported a strong Q4 FY26 with consolidated PAT rising 390% YoY to ₹502 Cr, driven by a 25% growth in total AUM which crossed the ₹1 lakh crore milestone. The retail segment now constitutes 85% of the total AUM, showing a robust 33% YoY growth with stable asset quality as 90+ DPD stands at 0.6%. Operating leverage is improving as retail opex-to-AUM fell to 3.6%, while the legacy wholesale book has been reduced to just 3% of the total portfolio. The company has guided for a 50% profit growth in FY27 and aims for an AUM of ₹1.5 lakh crore by FY28.
முக்கிய அம்சங்கள்
Consolidated PAT for FY26 stood at ₹1,506 Cr, a 210% increase compared to the previous year.Total AUM reached ₹1,01,230 Cr, with the growth business (Retail and Wholesale 2.0) making up 97% of the book.Retail opex-to-AUM ratio improved significantly, dropping 74 bps YoY to 3.6% in Q4 FY26.Asset quality remains healthy with Growth business RoAUM at 2.1% and Retail 90+ DPD at 0.6%.Company received credit rating upgrades to AA+ from CRISIL, ICRA, and CARE during the quarter.
👀 கவனிக்க வேண்டியவை
The successful transition to a retail-led model and the achievement of the ₹1 lakh crore AUM milestone signal strong business stability. Investors should monitor the execution of the ambitious 50% profit growth target for FY27.
Piramal Finance Recommends ₹11 Dividend and Re-appoints Independent Director
Piramal Finance Limited has recommended a significant final dividend of ₹11 per equity share (550% of face value) for the financial year ended March 31, 2026. The Board also approved the audited financial results for FY26, which received an unmodified opinion from joint statutory auditors. Additionally, the company ensured leadership continuity by re-appointing Mr. Suhail Nathani as an Independent Director for a second five-year term. A minor administrative change regarding the registered office address was also approved.
முக்கிய அம்சங்கள்
Recommended a final dividend of ₹11 per equity share of face value ₹2 (550%) for FY26.Approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.Re-appointed Mr. Suhail Nathani as an Independent Director for a second term of 5 years effective September 30, 2026.Announced a change in the registered office address to Piramal Corporate Park, Mumbai, effective April 30, 2026.Confirmed that the statutory auditors issued an unmodified opinion on the annual financial results.
👀 கவனிக்க வேண்டியவை
Investors should look forward to the dividend payout following AGM approval and review the detailed FY26 earnings report to evaluate the company's growth trajectory. The high dividend payout and board continuity are positive indicators of financial health and governance stability.
Piramal Finance Recommends Final Dividend of Rs 11 per Share (550%) for FY26
Piramal Finance Limited has recommended a final dividend of Rs 11 per equity share for the financial year ended March 31, 2026. This dividend represents a significant 550% payout on the face value of Rs 2 per share. The recommendation was made during the board meeting held on April 27, 2026, where the company also approved its audited financial results for FY26. The final payout is subject to shareholder approval at the upcoming 42nd Annual General Meeting.
முக்கிய அம்சங்கள்
Recommended a final dividend of Rs 11 per equity share of face value Rs 2The dividend payout represents 550% of the face value for the financial year 2025-26Board approved audited standalone and consolidated financial results for the year ended March 31, 2026Re-appointed Suhail Nathani as an Independent Director for a second 5-year term starting September 2026Approved a change in the registered office address effective from April 30, 2026
👀 கவனிக்க வேண்டியவை
Investors should monitor the announcement of the record date to ensure eligibility for the Rs 11 per share dividend. It is also advised to review the detailed FY26 audited financial results to assess the company's underlying growth and profitability.
Piramal Finance Files NCLT Application for Merger with Three Group Entities
Piramal Finance Limited has formally filed a Company Scheme Application with the NCLT Mumbai Bench on April 18, 2026, to proceed with a planned merger. The scheme involves the amalgamation of three entities—Piramal Corporate Tower Private Limited, Piramal Agastya Offices Private Limited, and DHFL Investments Limited—into Piramal Finance. This regulatory filing follows the initial board approval communicated on March 27, 2026. The move is part of a broader strategy to simplify the corporate structure and consolidate group assets.
முக்கிய அம்சங்கள்
Application filed with NCLT Mumbai Bench on April 18, 2026, under Sections 230-232 of the Companies Act.Merger includes DHFL Investments Limited and two real estate holding entities into Piramal Finance.The filing follows the previous board-level intimation dated March 27, 2026.Consolidation aims to streamline operations and optimize the capital structure of the finance arm.
👀 கவனிக்க வேண்டியவை
Investors should monitor the NCLT approval timeline and subsequent integration of DHFL-related assets. The consolidation is a positive step toward corporate simplification and operational synergy.
Piramal Finance Completes Shriram Life Insurance Stake Sale for ₹600 Crore
Piramal Finance Limited has successfully concluded the sale of its entire equity stake in Shriram Life Insurance Company Limited. The company received a total consideration of ₹600 crore on March 30, 2026, from Sanlam Emerging Markets (Mauritius) Limited. This transaction follows the initial agreement announced in December 2025 and has received all necessary regulatory approvals. The completion of this sale marks a significant step in the company's strategy to monetize non-core assets.
முக்கிய அம்சங்கள்
Received ₹600 crore cash consideration on March 30, 2026Complete exit from equity holding in Shriram Life Insurance Company LimitedTransaction executed with Sanlam Emerging Markets (Mauritius) LimitedSuccessful conclusion of the deal initiated on December 19, 2025
👀 கவனிக்க வேண்டியவை
The ₹600 crore inflow significantly boosts liquidity and strengthens the balance sheet. Investors should monitor how the management redeploys this capital into its core lending business to drive growth.
Piramal Finance to Raise Funds via NCDs on Private Placement Basis in FY 2026-27
Piramal Finance Limited has announced its intention to raise capital through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis. The company's Committee of Directors will meet periodically between April 1, 2026, and March 31, 2027, to consider and approve these issuances. This is an enabling resolution to facilitate fund raising throughout the next fiscal year, subject to market conditions. The move is aimed at strengthening the company's capital base for its lending operations.
முக்கிய அம்சங்கள்
Fund raising planned through Non-Convertible Debentures (NCDs) on a private placement basis.Committee meetings scheduled to take place between April 1, 2026, and March 31, 2027.Issuances will be subject to prevailing market conditions during the specified period.Complies with Regulations 29 and 50 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
👀 கவனிக்க வேண்டியவை
Investors should monitor the specific quantum and coupon rates of the NCDs as they are issued to evaluate the company's cost of funds. This is a routine procedural announcement for a financial institution and requires no immediate portfolio changes.
Piramal Finance to Merge 3 Subsidiaries and Raise ₹15,000 Crore via NCDs
Piramal Finance has approved a scheme of amalgamation to merge three of its wholly-owned subsidiaries—Piramal Corporate Tower, Piramal Agastya Offices, and DHFL Investments—into itself to simplify its corporate structure. Simultaneously, the board has authorized a massive fundraise of up to ₹15,000 crore through the issuance of Non-Convertible Debentures (NCDs) on a private placement basis for FY 2026-27. Since the merging entities are 100% owned, no new shares will be issued, and the shareholding pattern remains unchanged. The company also noted the resignation of Independent Director Gautam Bhailal Doshi due to personal reasons.
முக்கிய அம்சங்கள்
Approved merger of three wholly-owned subsidiaries with combined assets of approximately ₹2,787 crore.Authorized fundraising of up to ₹15,000 crore via NCDs for the period April 2026 to March 2027.The merger involves no cash consideration or share exchange as entities are 100% owned.Aims to optimize capital allocation and enhance operational efficiency through group simplification.Independent Director Gautam Bhailal Doshi resigned effective March 27, 2026.
👀 கவனிக்க வேண்டியவை
Investors should view the structural simplification and the large ₹15,000 crore funding pipeline as positive indicators of growth readiness and balance sheet strengthening. Monitor the NCLT approval timeline for the merger and the coupon rates for the upcoming NCD tranches.
Piramal Finance Approves ₹15,000 Cr NCD Issue and Merger of Three Subsidiaries
Piramal Finance Limited has approved a major corporate restructuring by merging three wholly-owned subsidiaries—Piramal Corporate Tower, Piramal Agastya Offices, and DHFL Investments—into itself to simplify group structure and optimize capital. In a significant move for growth, the board also authorized a fundraise of up to ₹15,000 crore through Non-Convertible Debentures (NCDs) for the 2026-27 fiscal year. The merging entities bring combined assets of approximately ₹2,787 crore, and since they are 100% owned, no new shares will be issued. Additionally, Independent Director Gautam Doshi has resigned effective March 27, 2026, citing personal reasons.
முக்கிய அம்சங்கள்
Approved merger of three subsidiaries (PCTPL, PAOPL, and DIL) to enhance operational and financial efficiency.Authorized issuance of Redeemable Non-Convertible Debentures (NCDs) up to ₹15,000 crore on a private placement basis.The merging subsidiaries had a combined asset base of ₹2,786.87 crore as of December 31, 2025.No change in the company's shareholding pattern will occur as the merging entities are wholly-owned.Resignation of Mr. Gautam Doshi as Non-Executive Independent Director due to personal reasons.
👀 கவனிக்க வேண்டியவை
Investors should view the structural simplification and the massive ₹15,000 crore fundraise as a strong signal for future growth and balance sheet strengthening. Monitor the NCLT approval timeline for the merger and the interest rates at which the NCDs are eventually issued.
Piramal Finance Receives IT Order Allowing ₹10,110 Cr Tax Loss; Total Losses at ₹24,600 Cr
Piramal Finance has received an assessment order for AY 2024-25 following a scrutiny process. The order allows a tax loss of ₹10,110 crore for the financial year 2023-24. This brings the company's total cumulative assessed tax losses to approximately ₹24,600 crore. These losses can potentially be carried forward to offset future taxable profits, providing a significant tax shield for the company in the coming years.
முக்கிய அம்சங்கள்
Income Tax department allowed a tax loss of ₹10,110 crore for AY 2024-25.Cumulative assessed tax losses for the company now stand at approximately ₹24,600 crore.The assessment was part of a Computer-Assisted Scrutiny Selection for FY 2023-24.The order provides a substantial tax shield that can be utilized against future taxable income.
👀 கவனிக்க வேண்டியவை
This is a positive development as it formalizes a massive tax shield of ₹24,600 crore, which will enhance future net profitability by reducing tax outgo. Investors should monitor the company's earnings trajectory to see how quickly these losses can be utilized.
Moody's Revises Piramal Finance Outlook to Positive; Affirms Ba3 Rating
Moody's has revised Piramal Finance's outlook to 'Positive' from 'Stable' while affirming its 'Ba3' rating, following recent upgrades by CRISIL, ICRA, and CARE. The company's Return on Assets (ROA) improved significantly to 1.4% for the nine months ending December 2025, up from 0.6% in FY25. A key driver is the reduction of legacy real estate exposure, which now stands at just 5% of AUM compared to 9% previously. With a healthy Capital Adequacy Ratio of 20.3%, the company demonstrates strong financial resilience and a successful shift toward a granular retail portfolio.
முக்கிய அம்சங்கள்
Moody's revised outlook to Positive from Stable; affirmed Ba3 Corporate Family RatingConsolidated ROA improved to 1.4% for 9M Dec 2025 compared to 0.6% in FY25Legacy real estate exposure reduced to 5% of AUM from 9% as of March 2025Strong capitalization with a regulatory Capital Adequacy Ratio (CAR) of 20.3% as of Dec 2025Stage 3 loans ratio remained stable at 2.5% of gross loans
👀 கவனிக்க வேண்டியவை
The positive outlook suggests potential for lower future borrowing costs and validates the management's retail-heavy strategy. Investors should monitor if the company can sustain ROA above 1.7% for a formal rating upgrade.
Piramal Finance targets ₹1.5 Lakh Cr AUM by FY28; Q3 FY26 PAT surges to ₹401 Cr
Piramal Finance (PFL) reported a strong Q3 FY26 with total AUM growing 23% YoY to ₹96,690 Cr, driven by a 34% surge in its core growth business. The company has successfully pivoted to a retail-led model, with retail now comprising 82% of the total AUM and legacy wholesale assets reduced to just 5%. Profitability is on an upward trajectory with NIMs expanding to 6.3% and a consolidated PAT of ₹401 Cr. Management has provided a clear roadmap to reach ₹1.5 lakh Cr AUM by FY28 with a long-term RoAUM goal of 3%.
முக்கிய அம்சங்கள்
Total AUM grew 23% YoY to ₹96,690 Cr, with the core Growth AUM now representing 95% of the total portfolio.Consolidated PAT reached ₹401 Cr in Q3 FY26, supported by NIM expansion of 51 bps YoY to 6.3%.Legacy (discontinued) AUM has been aggressively reduced to ₹5,230 Cr, now only 5% of the total AUM compared to 66% in March 2022.Credit ratings were upgraded to AA+ by CRISIL, CARE, and ICRA, reflecting improved earnings resilience and balance sheet strength.The company maintains a strong capital adequacy ratio of 20.3% and a net worth of ₹27,872 Cr to fuel future expansion.
👀 கவனிக்க வேண்டியவை
Investors should note the successful de-risking of the balance sheet through the reduction of legacy assets and the robust 34% growth in the core retail business. The stock is well-positioned for long-term value creation as it scales toward its FY28 AUM and profitability targets.
Piramal Finance targets ₹1.5L Cr AUM by FY28; Retail share rises to 82%
Piramal Finance (PFL) has announced a Singapore Roadshow (NDR) for March 30-31, 2026, to present its long-term growth strategy. The company is targeting an AUM of ₹1.5 lakh crore by FY28, implying a 23-26% CAGR from current levels. Financial metrics show significant improvement, with Growth Business RoAUM reaching 1.9% in Q3 FY26 and consolidated NIMs expanding to 6.3%. The business has successfully pivoted to a retail-led model, with retail now comprising 82% of the total AUM compared to just 9% in 2021.
முக்கிய அம்சங்கள்
Targeting AUM of ₹1.5 lakh crore by March 2028 with a projected CAGR of 23-26%.Retail AUM share increased to 82% in Dec-25, up from 9% in Jun-21 (pre-DHFL merger).Consolidated NIM improved to 6.3% in Q3 FY26, up 51 bps year-on-year.Credit ratings upgraded to AA+ (Stable) by CRISIL, CARE, and ICRA as of Q4 FY26.Legacy discontinued business AUM reduced to just 5% of total AUM, down from 66% in March 2022.
👀 கவனிக்க வேண்டியவை
Investors should monitor the company's progress toward the ₹1.5L Cr AUM target and the stability of retail asset quality. The recent AA+ rating upgrades and successful retail pivot suggest a lower risk profile and improved funding costs for the long term.
Piramal Finance Q3 FY26: PAT Surges 940% YoY to ₹401 Cr; Retail AUM Now 82% of Mix
Piramal Finance reported a robust Q3 FY26 with consolidated PAT jumping 940% YoY to ₹401 Cr, driven by a 23% growth in AUM to ₹96,690 Cr. The company has successfully pivoted to a retail-led model, with retail now accounting for 82% of the total book and legacy assets shrinking to just 5%. Net Interest Margins (NIM) improved significantly to 6.3%, while the growth business RoAUM reached 1.9%. With a target to reach ₹1.5 Lakh Cr AUM by FY28 and a recent credit rating upgrade to AA+, the company shows strong execution on its value creation blueprint.
முக்கிய அம்சங்கள்
Consolidated PAT grew 940% YoY to ₹401 Cr, while Growth Business PBT rose 101% to ₹427 Cr.Total AUM reached ₹96,690 Cr (up 23% YoY), with a long-term target of ₹1.5 Lakh Cr by March 2028.Retail AUM now dominates at 82% of the mix, while legacy (discontinued) AUM has been reduced to 5%.Asset quality remains stable with GNPA at 2.6% and NNPA at 1.9%; Retail 90+ DPD is steady at 0.8%.Net Interest Margin (NIM) expanded by 51 bps YoY to 6.3%, supported by a diversified multi-product retail platform.
👀 கவனிக்க வேண்டியவை
Investors should note the successful transition to a retail-heavy book and the rating upgrade to AA+ as strong indicators of business stability. The company's clear roadmap to ₹1.5 Lakh Cr AUM by FY28 makes it a compelling long-term growth play in the NBFC space.
Piramal Finance Q3 FY26: PAT Surges 940% YoY; AUM Hits ₹96,690 Cr with 23% Growth
Piramal Finance reported a robust Q3 FY26 with consolidated PAT rising 940% YoY to ₹401 Cr, driven by a 23% growth in total AUM to ₹96,690 Cr. The company has successfully transitioned to a retail-led model, with retail now accounting for 82% of the portfolio and legacy wholesale assets reduced to just 5%. Net Interest Margins (NIM) improved to 6.3%, while the Growth Business RoAUM reached 1.9%. The management has set an ambitious target to reach an AUM of ₹1.5 Lakh Cr and a RoAUM of over 3% by FY28.
முக்கிய அம்சங்கள்
Consolidated PAT grew 940% YoY to ₹401 Cr; Growth Business PBT rose 101% YoY to ₹427 CrTotal AUM reached ₹96,690 Cr (up 23% YoY), with a long-term target of ₹1.5 Lakh Cr by March 2028Retail AUM now constitutes 82% of the total book, while legacy (discontinued) AUM fell to 5%Consolidated NIM improved by 51 bps YoY to 6.3%; Growth Business RoAUM stands at 1.9%Strong capital position with a Net Worth of ₹27,872 Cr and a low Debt-to-Equity ratio of 2.7x
👀 கவனிக்க வேண்டியவை
Investors should note the successful pivot to a retail-led model and the sharp reduction in legacy assets as significant de-risking milestones. The improving RoAUM and recent AA+ rating upgrade suggest a positive long-term trajectory for the company.
Piramal Finance Targets ₹1.5 Lakh Cr AUM by FY28; Q3 FY26 PAT Surges to ₹401 Cr
Piramal Finance reported a robust Q3 FY26 with consolidated PAT reaching ₹401 Cr, a 940% YoY increase. The company has successfully pivoted to a retail-led model, with retail now comprising 82% of the total ₹96,690 Cr AUM. Management has outlined a clear roadmap to reach ₹1.5 lakh Cr AUM by FY28 while targeting a long-term RoAUM of over 3%. Asset quality remains stable with GNPA at 2.6%, and the legacy wholesale book has been significantly reduced to just 5% of the total portfolio.
முக்கிய அம்சங்கள்
Consolidated AUM grew 23% YoY to ₹96,690 Cr, driven by a 34% YoY growth in the core 'Growth AUM'.Growth business RoAUM improved to 1.9% in Q3 FY26, up from 1.4% in FY25, moving toward the long-term target of 3%.Legacy discontinued business reduced to 5% of total AUM, down from 66% in March 2022.Strong capital position with a Net Worth of ₹27,872 Cr and a Capital Adequacy Ratio of 20.3%.Recently secured AA+ rating from CRISIL and raised $350 million in DFI funding from IFC and ADB.
👀 கவனிக்க வேண்டியவை
Investors should note the successful business transformation and the shrinking legacy book which reduces balance sheet risk. The clear FY28 growth guidance and improving RoAUM trajectory suggest potential for long-term valuation re-rating.
⚠️இந்தத் தளம் எவ்வாறு உருவாக்கப்படுகிறது: சந்தைத் தரவுப் பக்கங்கள் NSE/BSE வெளியீடுகள் மற்றும் நிறுவனங்களின் தாக்கல்களிலிருந்து தானாகக் கணக்கிடப்படுகின்றன; செய்திக் கட்டுரைகளும் அறிவிப்புப் பகுப்பாய்வுகளும் AI உதவியுடன் எழுதப்படுகின்றன, மனித மேற்பார்வையுடன்: AI உருவாக்குவதை எங்கள் ஆசிரியர்கள் மதிப்பாய்வு செய்கின்றனர். இரண்டிலும் பிழைகள் இருக்கலாம். எந்தவொரு முதலீட்டு முடிவுக்கு முன்பும் அசல் மூலங்களில் சரிபார்க்கவும். முதலீட்டு ஆலோசனை அல்ல; Flash Finance SEBI-பதிவு பெற்றது அல்ல. நாங்கள் AI-ஐ எவ்வாறு பயன்படுத்துகிறோம்
🎁 ஆரம்பகால ஆதரவாளர்களுக்கு மட்டும் · குறுகிய கால சலுகை
எங்கள் AI பங்குச் சந்தை பகுப்பாய்வு: டெலிகிராம், வாட்ஸ்அப்பில் இலவசம்
⚡ 3500+ நிறுவனங்களை நாங்கள் உடனுக்குடன் கண்காணிக்கிறோம். NSE-யில் ஒரு நிறுவன அறிவிப்பு வெளியானதுமே, எங்கள் AI அதைப் படித்து, சுருக்கி, அதன் தாக்கத்தைச் சில நொடிகளில் உங்களுக்குச் சொல்கிறது.
இதுபோன்ற AI பகுப்பாய்வுக்குக் கட்டணத் தளங்கள் ஆண்டுக்கு ₹1,00,000-க்கும் மேல் வசூலிக்கின்றன. எங்கள் சேனல்களில் இது இலவசம்.
