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India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
For Q2 FY27, Piramal Finance reported a consolidated Net Profit After Tax (PAT) of ₹545 Cr, representing a 67% year-over-year increase. The company’s Total AUM grew to ₹1,13,112 Cr (up 24% YoY), with Retail Lending AUM expanding by 30% YoY to ₹97,462 Cr. Operational metrics included a Net Interest Margin (NIM) of 6.5%, Gross Non-Performing Assets (GNPA) of 2.4%, and a Liquidity Coverage Ratio (LCR) of 442%.
The company raised a total of ₹3,850 Cr in Q2 FY27 through two primary mechanisms: a Qualified Institutional Placement (QIP) of ₹2,100 Cr and a preferential allotment of warrants worth ₹1,750 Cr to the promoter group.
Yes. On November 3, 2026, the company confirmed the full maturity redemption of Non-Convertible Debentures (ISIN INE140A07740). This involved the redemption of 13,13,472 NCDs valued at Rs. 13,134.72 lakh, bringing the outstanding amount for this specific instrument to Rs. 0.
As of November 6, 2026, the daily trend is bullish with the stock closing at ₹2,200.00, up +3.8% from the previous close. Year-to-date returns stand at +33.7%. However, the weekly trend shows a bearish signal, and the stock faces immediate resistance levels at ₹2,219.45 (+0.88%) and ₹2,232.47 (+1.48%). Support is noted at ₹2,176.03 (-1.09%).
As of 06 Nov 2026, 03:30 pm
Showing 3 of 11 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price swings are higher than typical
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
The session opened materially above the previous close, indicating a sharp repricing at the open.
The move may reflect new information; subsequent price follow-through is worth monitoring.
Latest complete financial results for Q2 FY27 and comparative quarterly trends.
| Ratio / Metric | Value |
|---|---|
| Earnings Per Share | ₹23.68 per share |
| Ttm Eps | 83.89 |
| Price To Earnings | 23.23 |
| Free Cash Flow | -₹9,101.69 crore |
| Cash Flow From Operating Activities | -₹9,012.21 crore |
| Cash Flow From Financing Activities | ₹7,033.02 crore |
| Total Debt | ₹53,994.77 crore |
Piramal Finance’s consolidated profit before tax rose 57.8% sequentially to ₹543 crore in FY2026-27 Q2, as income growth outpaced higher expenses and impairment charges declined. Profit for the period increased 18.3% to ₹545 crore. Between 31 March and 30 September 2026, the loan balance and borrowings grew, while cash and cash equivalents and investments fell.
Basic EPS was ₹23.68 in Q2, up from ₹20.38 in Q1 FY2026-27. Diluted EPS increased to ₹23.50 from ₹20.27.
Piramal Finance delivered higher sequential pre-tax profit as income growth coincided with lower impairment expense, while expenses and finance costs also increased. The loan balance and borrowings expanded between the March and September reporting dates, but cash and investments declined, making the changing funding and liquidity position important alongside improved earnings.
Exchange disclosures and regulatory announcements for Piramal Finance.
On 6 November 2026, Piramal Finance Limited’s Committee of Directors (Administration, Authorisation & Finance) allotted 600,000 fully paid-up equity shares of ₹2 each to the PFL Employee ESOP Trust under the Piramal Finance Limited Employees’ Stock Ownership Plan 2025. The shares are to be transferred to or for the benefit of eligible employees upon exercise of their options. The allotment increased paid-up share capital from ₹47,32,60,612 (23,66,30,306 shares) to ₹47,44,60,612 (23,72,30,306 shares).
Piramal Finance Limited allotted equity shares under an ESOP/ESPS issuance on 6 November 2026. Paid-up shares increased from 236,630,306 to 237,230,306, and paid-up share capital increased from INR 473,260,612 to INR 474,460,612.
Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
Piramal Finance Limited certified timely interest payments for Non-Convertible Debentures and reported full maturity redemption of ISIN INE140A07740. The company reported redemption of 13,13,472 NCDs for Rs. 13,134.72 lakh, with an outstanding amount of Rs. 0. The certificate was filed under Regulation 57 of the SEBI Listing Regulations on 3 November 2026.
Confirmation of Redemption/Payment of Interest and Principal |SUBJECT: Confirmation of Redemption/Payment of Interest and Principal
Piramal Finance Limited (PIRAMALFIN) filed an intimation with the NSE and BSE on 30 October 2026 regarding the schedule of its Analyst/Institutional Investor Meeting for a Singapore Roadshow under SEBI Listing Regulations. The roadshow is scheduled for 4th and 5th November 2026 in Singapore, with dates subject to change. The filing includes the company's Q2 FY27 Results Presentation, which reports consolidated Net Profit After Tax (PAT) of ₹545 Cr (up 67% YoY), Total AUM of ₹1,13,112 Cr (up 24% YoY), and a total capital raise of ₹3,850 Cr in Q2 FY27 via QIP and preferential allotment.
Piramal Finance Limited (NSE: PIRAMALFIN) filed an intimation with the NSE and BSE on October 30, 2026, regarding a schedule of Analyst/Institutional Investor Meetings and an attached investor presentation for Q2 and H1 FY27 results. The filing discloses that the company raised ₹3,850 Cr in capital during Q2 FY27 via a Qualified Institutional Placement (QIP) of ₹2,100 Cr and preferential allotment of warrants worth ₹1,750 Cr to the promoter group. Consolidated Net Profit After Tax (PAT) for Q2 FY27 was ₹545 Cr, up 67% year-over-year, driven by Growth AUM expansion of 30% YoY to ₹97,462 Cr in retail lending. The company reported a Net Interest Margin (NIM) of 6.5%, Gross Non-Performing Assets (GNPA) of 2.4%, and a consolidated Liquidity Coverage Ratio (LCR) of 442%. The investor roadshow is scheduled for November 4th and 5th, 2026, in Singapore.
Piramal Finance Limited (NSE: PIRAMALFIN, ISIN: INE202B01038) has intimated the National Stock Exchange regarding a scheduled Institutional Investor Meet titled 'Singapore Roadshow (NDR)'. The event consists of two in-person group meetings to be held in Singapore on November 4, 2026, and November 5, 2026, both commencing at 06:30:00. The meetings are designated as presentations for multiple investors and persons. Ravi Singh, Head of IR & Strategy, is the designated contact person.
Recent market and company developments associated with Piramal Finance.
Quant Small Cap Fund added Jio Platforms, Primo Chemicals, and three other stocks to its portfolio in October while increasing exposure to Adani Power and LIC Housing Finance. The fund exited five holdings including Delhivery and Jubilant Pharmova, reduced positions in Bandhan Bank and others, and maintained holdings in nearly 90 stocks. Managed by a team of seven investment professionals, the fund reported an AUM of Rs 30,809.27 crore in October, down from Rs 35,572 crore in September.
India's middle-class consumption boom, fueled by expanded credit access, is accompanied by a rapid surge in household debt that has reached 46% of GDP and risen significantly faster than incomes. With the Reserve Bank of India raising interest rates to 5.5% and economists warning of potential rate hikes, consumers face heightened default risks as borrowing costs increase and real wage growth remains modest. Indicators such as a 45% jump in gold-backed loans and distress among non-bank lenders suggest that the sustainability of this credit-driven spending model is under strain.
Piramal Finance Limited, a leading retail-focused non-banking financial company, today announced the appointment of Mr.
Piramal Finance Strengthens its Board with the Appointment of Former SBI Chairman Dinesh Kumar Khara as Independent Director left https://th-i.thgim.com/public/incoming/cxwfs4/article71610153.ece/alternates/FREE_1200/Pfl.png SPONSORED CONTENT Mumbai, Maharashtra, India – Business Wire India Piramal Finance Limited, a leading retail-focused non-banking financial company, today announced the appointment of Mr.
While Bajaj Finance has seen stress in asset quality from short-tenure gold loans, Piramal Finance warned that a significant share of industry disbursements has gone to borrowers with a history of serious delinquencies.
Piramal Finance, ICICI Securities, Recommendations, Buy
Piramal Finance shares rose nearly 4% after Q2 FY27 net profit surged 67% year-on-year to Rs 545 crore. Assets under management grew 24%, while retail disbursements increased 34%. The company strengthened its capital base, expanded AI adoption, improved operational efficiency, and appointed former SBI Chairman Dinesh Kumar Khara as Independent Director.
Piramal Finance has named Dinesh Kumar Khara, who headed the State Bank of India from October 2020 to August 2024, as an Additional Director designated Independent Director. The five-year term starts October 19, 2026 and needs shareholder approval.
Comprehensive Section Breakdown for Piramal Finance
Strategic Vision: Provides financial solutions to individuals and businesses.
Category: Financial Services
Supports individuals primarily in metro-adjacent, semi-urban, and rural areas with various loan products.
Category: Financial Services
Partners with developers and mid-sized businesses, offering asset-backed, data-driven solutions across real estate and non-real estate sectors.
• Operates with a digital-first approach combined with personal care for its customers.
• Strategy to be a preferred lender for semi-urban and rural India, promoting inclusive growth.
Interest earned increased 5.4% QoQ to ₹3,253 crore from ₹3,085 crore in Q1 FY2026-27. Revenue from operations rose 8.6% to ₹3,659 crore from ₹3,368 crore, and total income increased 8.4% to ₹3,717 crore from ₹3,430 crore.
Other revenue from operations declined to ₹52 crore from ₹100 crore, and dividend income fell to ₹10 crore from ₹18 crore. The loan balance was ₹96,618 crore at 30 September 2026, compared with ₹84,838 crore at 31 March 2026.
Impairment on financial instruments declined 14.0% QoQ to ₹235 crore from ₹274 crore. Finance costs rose 5.3% to ₹1,825 crore, and total expenses increased 2.9% to ₹3,174 crore. With income rising faster than expenses, profit before tax increased from ₹344 crore in Q1 to ₹543 crore in Q2.
Tax expense was ₹35 crore in Q2, compared with a tax credit of ₹18 crore in Q1. Consolidated profit for the period was ₹545 crore, of which ₹539 crore was attributable to owners of the parent and ₹7 crore to non-controlling interests.
Borrowings increased to ₹53,995 crore at 30 September 2026 from ₹48,269 crore at 31 March 2026. Debt securities were ₹31,679 crore, compared with ₹31,592 crore at the March year-end. Equity attributable to owners of the parent rose to ₹30,942 crore from ₹28,149 crore.
Cash and cash equivalents declined to ₹2,054 crore from ₹4,123 crore, while investments fell to ₹8,706 crore from ₹9,814 crore. The increase in loans and borrowings alongside lower cash and investments is a material balance-sheet shift to monitor.
In its October 2026 investor presentation, management said Q2 FY2026-27 consolidated profit after tax of ₹545 crore continued a run of stable profits. It also said the growth business now drives company financials, with company profits essentially in line with growth-book profits over the last six quarters. The presentation highlighted AI adoption, stating that 57% of overall code was written by AI and that generative AI use had increased more than fivefold over the last year. It also noted an equity capital raise in Q2 FY2026-27.
Core Thesis: The company aims to be a preferred lender for semi-urban and rural India, promoting inclusive growth.
• Digital-First Approach: Operates with a digital-first approach combined with personal care for its customers. • Inclusive Growth: Strategy to be a preferred lender for semi-urban and rural India, promoting inclusive growth. • Customer Reach: Serves over 5 million customers across 26 states in more than 13,000 pin codes through a network of 701 branches.