Piramal Finance files BRSR for FY26 with LKM & Co assurance
Piramal Finance Limited filed its Business Responsibility and Sustainability Report for FY26 with stock exchanges, disclosing ESG metrics and receiving reasonable assurance from LKM & Co. Chartered Accountants on BRSR Core parameters.

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Piramal Finance Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026, with the stock exchanges. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes an independent reasonable assurance statement by LKM & Co. Chartered Accountants on the BRSR Core parameters. The data presented for FY 2025-26 pertains to Piramal Finance Limited and its subsidiaries, following the merger with Piramal Enterprises Limited which became effective on September 16, 2025.
The report outlines the company's material responsible business conduct issues, identifying Human Capital Development, Operational Eco-efficiency, and Sustainable Finance as key opportunities. Conversely, Customer Experience and Risk Management are noted as risks with potential negative financial implications. The company has established a Board-level Sustainability & Risk Management Committee to oversee its ESG transformation journey, chaired by Ms. Shikha Sharma.
Financial and Operational Metrics
Piramal Finance reported a total employee count of 16,981 as of March 31, 2026, comprising 16,684 permanent employees and 297 other than permanent employees. The company operates 701 offices nationally and does not have any manufacturing plants. The turnover rate for permanent employees stood at 45.27% for FY 2025-26.
The company’s net worth was reported at ₹23,728.33 crore, while turnover stood at ₹11,852.49 crore. The report details that Corporate Social Responsibility (CSR) is not applicable to Piramal Finance Limited as an entity, though the CSR budget of the erstwhile Piramal Enterprises Limited was transferred to it pursuant to the merger.
Environmental and Social Performance
The company disclosed its environmental footprint for the fiscal year, reporting total energy consumption of 34,297.71 GJ, with an intensity of 2.89 GJ per ₹ crore of turnover. Total Scope 1 and Scope 2 greenhouse gas emissions were 5,935.35 tCO2e. Water consumption totalled 1,93,008.29 kilolitres. The company generated 137.93 metric tonnes of waste, of which 1.96 metric tonnes of e-waste was recycled.
On the social front, the company reported that 98% of employees completed mandatory training on ESG principles. It supported 1,28,103 women borrowers and provided credit to 17,699 new customers during the year. The company also conducted financial literacy sessions for over 7.4 crore beneficiaries.
Key Financial and Operational Data
| Metric | FY 2025-26 |
|---|---|
| Net Worth (₹ crore) | 23,728.33 |
| Turnover (₹ crore) | 11,852.49 |
| Total Employees | 16,981 |
| Permanent Employees | 16,684 |
| Offices (National) | 701 |
| Total Energy Consumed (GJ) | 34,297.71 |
| Total GHG Emissions (tCO2e) | 5,935.35 |
| Water Consumption (kL) | 1,93,008.29 |
| Total Waste Generated (MT) | 137.93 |
Governance and Assurance
The report confirms that the company has not incurred any fines, penalties, or punishment in proceedings with regulators during the financial year. LKM & Co. Chartered Accountants provided an independent reasonable assurance statement on the non-financial sustainability information (BRSR Core KPIs). The assurance engagement covered parameters including Greenhouse Gas footprint, Water footprint, Energy footprint, and Employee wellbeing.
Historical Stock Returns for Piramal Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +4.02% | +2.64% | +2.66% | +30.13% | +52.47% | +52.47% |
How will Piramal Finance address the high permanent employee turnover rate of 45.27% to ensure stability in its Human Capital Development strategy?
What specific measures is the Board-level Sustainability & Risk Management Committee implementing to mitigate the identified risks in Customer Experience and Risk Management?
How will the company leverage the transferred CSR budget from Piramal Enterprises Limited to enhance its social impact despite the inapplicability of CSR mandates?


































