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Piramal Enterprises Reports 52% YoY PAT Growth in Q1

Piramal Enterprises Limited (PEL) announced robust Q1 financial results with a 52% YoY increase in Profit After Tax to ₹276 crore. Total Assets Under Management grew 22% YoY to ₹85,756 crore, with Retail AUM now constituting 80% of the total. The company improved its Growth-to-Legacy AUM mix to 93:07 and expanded Net Interest Margin to 5.90%. PEL maintained stable asset quality with Retail 90+ DPD at 0.80% and reduced Growth business credit cost to 1.40%. The company holds a strong liquidity position with ₹9,070 crore in cash and liquid investments. PEL is nearing completion of its merger with Piramal Finance Limited, expected by September.

29Jul 25

Piramal Enterprises Reports 52% YoY Profit Growth in Q1

Piramal Enterprises Limited (PEL) announced strong Q1 results with consolidated profit after tax (PAT) increasing 52% year-over-year to ₹276.00 crore. Total assets under management (AUM) grew by 22% to ₹85,756.00 crore. Retail AUM rose 37% to ₹69,005.00 crore, now 80% of total AUM. Net Interest Margin expanded to 5.90%. The company maintained stable asset quality with retail 90+ DPD at 0.80%. PEL reported a total capital adequacy ratio of 19.30% and a strong liquidity position with ₹9,070.00 crore in cash and liquid investments.

29Jul 25

Piramal Enterprises Reports Strong Q1 Results with ₹276.37 Crore Consolidated Profit, Approves ₹1,000 Crore Debenture Issuance

Piramal Enterprises Limited (PEL) reported robust Q1 results with consolidated profit after tax rising to ₹276.37 crore from ₹181.48 crore year-on-year. Total Assets Under Management (AUM) grew by 22% to ₹85,756 crore, with retail AUM now forming 80% of total AUM. The company maintained stable asset quality with GNPA at 2.8% and NNPA at 2.0%. PEL's board approved issuance of non-convertible debentures up to ₹1,000 crore and invested ₹700 crore in its subsidiary Piramal Finance Limited. The company is on track to complete its merger with Piramal Finance Limited by September.

24Jul 25

Piramal Enterprises Announces Final NCLT Hearing for Merger with Piramal Finance

Piramal Enterprises Limited (PEL) has announced that the final hearing for the sanction of its composite scheme of arrangement with Piramal Finance Limited (PFL) is scheduled for August 22, 2025, at the National Company Law Tribunal (NCLT) Mumbai Bench. This hearing marks a crucial step in the proposed merger between the two entities. PEL published newspaper advertisements on July 24, 2025, following NCLT orders dated July 11 and July 18, 2025. The merger aims to consolidate the Piramal Group's financial services businesses, addressing regulatory requirements and strategic objectives.

23Jul 25

Piramal Enterprises Modifies Coupon Rate and Redemption Terms for Non-Convertible Debentures

Piramal Enterprises Limited (PEL) has modified terms for its Non-Convertible Debentures (NCDs). Changes include a dynamic coupon rate system linked to credit ratings, with increases for downgrades and decreases for upgrades. Mandatory redemption criteria now include rating suspension, withdrawal, or downgrade to A- or below. These changes apply to NCDs under ISINs INE140A07831 and INE140A07849, currently rated AA.

22Jul 25

Piramal Enterprises to Hold Board Meeting for Q1 FY2026 Results and Potential Debenture Issuance

Piramal Enterprises Limited (PEL) has scheduled a board meeting for July 29, 2025, to review Q1 FY2026 financial results and consider fund raising through private placement of Non-Convertible Debentures (NCDs). The company has implemented a trading window closure from July 1 to July 31, 2025. An earnings conference call for investors and analysts is set for July 29, 2025, at 5:00 PM IST. PEL, a diversified NBFC, operates in retail and wholesale lending with assets valued at approximately $10 billion.

18Jul 25

Piramal Enterprises to Review NCD Terms in Upcoming Board Committee Meeting

Piramal Enterprises Limited (PEL) has scheduled a board committee meeting for July 23, 2025, to consider modifying terms of its Non-Convertible Debentures (NCDs). The Administrative Committee will review clauses in the Key Information Document for NCDs issued under ISINs INE140A07831 & INE140A07849. This announcement complies with SEBI regulations, and the company has informed both BSE and NSE about the meeting.

11Jul 25

Piramal Enterprises Reports Impressive Q1 Performance with Substantial Profit and Revenue Growth

Piramal Enterprises announced impressive Q1 financial results, with consolidated net profit soaring to ₹94.00 crore from ₹4.50 crore year-over-year, marking a 1988.89% increase. Revenue expanded by 130.73%, reaching ₹473.00 crore compared to ₹205.00 crore in the same quarter last year. This substantial growth in both profit and revenue demonstrates the company's strong market position and operational efficiency.

27Jun 25

Piramal Enterprises Injects ₹700 Crore into Piramal Finance via Rights Issue

Piramal Enterprises Limited (PEL) has invested ₹700 crore into its wholly-owned subsidiary, Piramal Finance Limited (PFL), through a rights issue. The funds will be used for general business and corporate purposes. This investment does not change PEL's 100% ownership of PFL. PFL's operational revenue has been increasing over the past three fiscal years, and this capital infusion is expected to support potential growth and strategic developments in the company's financial services business.

07May 25

Piramal Enterprises: Share Price Surges 6% Despite Q4 Net Profit Drop

Piramal Enterprises Limited (PEL) reported mixed Q4 FY23 results. Total income increased by 20% to ₹3,032.60 crore, while net profit declined 25% to ₹964.00 crore, beating market estimates. Assets Under Management grew 36% to ₹80,689.00 crore. The company declared a final dividend of ₹11.00 per share. Despite the profit decline, PEL's share price rose nearly 6% post-announcement.

06May 25

Piramal Enterprises Sets Ambitious Financial Targets for FY26

Piramal Enterprises Limited (PEL) has announced its financial projections for FY26, targeting a consolidated Profit After Tax (PAT) between ₹13.00 billion to ₹15.00 billion. The company also aims for a year-over-year Assets Under Management (AUM) growth of approximately 25.00%. These targets indicate PEL's confidence in its future growth and expansion plans for its financial services segment.

06May 25

Piramal Enterprises Q4 Profit Dips 25% to ₹102 Crore, Declares Dividend

Piramal Enterprises Limited experienced a 25% year-over-year decrease in Q4 FY2024 net profit, falling to ₹102.00 crore. Revenue increased by 13.34% to ₹2,774.90 crore, and sales grew 4.03% to ₹2,340.70 crore. Operating profit declined 26.45% to ₹966.80 crore, while EBITDA fell 7.38% to ₹1,401.00 crore. Expenses rose 46.86%, and other income more than doubled. The company declared a dividend despite the profit decline.

06May 25

Piramal Enterprises Announces ₹11 Per Share Final Dividend

Piramal Enterprises Limited (PEL) has declared a final dividend of ₹11.00 per equity share for the financial year. This announcement is viewed as a positive sign of the company's financial health and commitment to shareholder value. PEL, a diversified financial services company with interests in pharmaceuticals, is known for its strategic investments and growth initiatives across various sectors.

29Apr 25

Piramal Enterprises Approves ₹300 Crore NCD Issuance in Two Series

Piramal Enterprises Limited (PEL) has approved the issuance of Non-Convertible Debentures (NCDs) worth ₹300 crore through two series on a private placement basis. Series 1 and 2 both have a base issue size of ₹50 crore with a green shoe option of up to ₹250 crore each. The NCDs will have tenures of 820 and 1188 days with interest rates of 9.12% and 9.19% p.a. respectively. The debentures will be secured and listed on the Wholesale Debt Market segment of BSE or NSE. Additionally, PEL has scheduled a board meeting on May 6, 2025, to approve financial results and consider dividend recommendations.

24Apr 25

Piramal Enterprises to Consider Issuance of NCDs Worth Up to ₹600 Crore

Piramal Enterprises Limited (PEL) has announced a board meeting on April 29, 2025, to consider issuing Non-Convertible Debentures (NCDs) worth up to ₹600 crore. The proposed issuance includes two series of Secured, Rated, Listed, Redeemable NCDs, each with a base size of ₹50 crore and a green shoe option of up to ₹250 crore. Each NCD will have a face value of ₹1,00,000. This move is in compliance with SEBI regulations and could provide new investment opportunities for institutional investors.

19Apr 25

AMAL Reports Stellar Q4 Performance with Soaring Profits and Revenue

AMAL Limited announced impressive Q4 FY2024 results, showing significant year-over-year improvements. Revenue grew 83.5% to ₹389 crore, EBITDA increased 162.5% to ₹105 crore, and net profit surged 1,600% to ₹68 crore. EBITDA margin improved to 26.99%. Quarter-on-quarter performance also showed growth across all metrics. However, despite strong Q4 results, the company reported a net loss for the full fiscal year 2024, indicating a turnaround in the latter part of the year.

07Apr 25

Piramal Enterprises' Subsidiary Secures RBI Approval for NBFC-ICC Operations

Piramal Enterprises Limited's subsidiary, Piramal Finance Limited (PFL), has received approval from the Reserve Bank of India to operate as a Non-banking Financial Institution–Investment and Credit Company (NBFC-ICC) without accepting public deposits. PFL will surrender its Housing Finance Company (HFC) Certificate of Registration, marking a complete transition from an HFC to an NBFC-ICC. This strategic move could potentially broaden PFL's operational scope, diversify revenue streams, and enhance its market position in the financial services sector.

03Apr 25

Piramal Finance Secures $265 Million ECB Facility, Boosts International Borrowing to $815 Million

Piramal Finance Ltd has secured a $265 million External Commercial Borrowing (ECB) facility from four international banks, with potential to increase to $300 million. This three-year, fully hedged facility brings the company's total international borrowing to $815 million for FY2025. The funds will be used to expand lending in affordable housing and financial inclusion initiatives, particularly in smaller cities. This move strengthens Piramal Finance's position in India's financial services sector and demonstrates its ability to attract international capital.

27Mar 25

Piramal Enterprises: ₹300 Crore NCD Issuance and ₹600 Crore Investment in Piramal Finance

Piramal Enterprises Limited (PEL) has announced two significant financial moves: issuing Non-Convertible Debentures (NCDs) worth up to ₹300 crore and investing ₹600 crore in its financial services arm, Piramal Finance Limited (PFL). The NCDs offer a 9.30% annual coupon rate with a 1,461-day tenure. PFL has shown consistent growth in turnover over the past few years, with figures reaching ₹6,66,356.00 lakhs in FY 2024. The investment is expected to strengthen PFL's capital base, support business expansion, and enhance market competitiveness.

26Mar 25

Piramal Enterprises Bolsters Financial Services Arm with ₹600 Crore Investment

Piramal Enterprises Limited (PEL) has invested ₹600 crore in its wholly-owned subsidiary, Piramal Finance Limited (PFL), through a rights issue. The investment, announced on March 26, 2025, aims to strengthen PEL's position in the financial services sector. PFL has shown consistent growth with increasing turnover over the past three financial years. The funds will be used for business and general corporate purposes, signaling potential expansion and operational enhancements within PFL.

25Mar 25

Piramal Enterprises to Consider NCDs Issuance; Subsidiary Rebrands as Piramal Finance

Piramal Enterprises Limited (PEL) has announced two key developments. The company will consider issuing non-convertible debentures (NCDs) worth up to 3 billion rupees in a board meeting on March 27. Additionally, PEL's wholly-owned subsidiary, Piramal Capital & Housing Finance Limited, will be rebranded as Piramal Finance Limited, effective March 22, 2025.

24Mar 25

Piramal Enterprises to Consider Rs 3 Billion Non-Convertible Debenture Issuance

Piramal Enterprises Limited (PEL) will hold a board meeting on March 27, 2025, to consider issuing Non-Convertible Debentures (NCDs) worth up to Rs 300 crore. The proposed NCDs will have a base issue size of Rs 100 crore with a green shoe option of Rs 200 crore. The debentures will be secured, rated, listed, and redeemable, with a face value of Rs 1,00,000 per debenture, to be issued through private placement. Additionally, PEL's wholly-owned subsidiary has been renamed from Piramal Capital & Housing Finance Limited to Piramal Finance Limited, effective March 22, 2025.

05Mar 25

Piramal Enterprises' Promoter Group Boosts Stake to 46.41%

Piramal Enterprises Limited's promoter group has increased its shareholding from 46.30% to 46.41%. The increase came through the acquisition of 2,40,000 equity shares (0.11% of total paid-up share capital) on March 3, 2025, via stock exchange transactions. This move, while modest, could signal confidence in the company's future prospects.

04Mar 25

Piramal Enterprises Promoter Group Boosts Stake to 46.41%

Piramal Enterprises Limited's promoter group has increased their stake from 46.30% to 46.41%, purchasing 2,40,000 equity shares on March 3, 2025. This 0.11 percentage point increase in ownership demonstrates the promoters' confidence in the company's future prospects. The transaction was conducted on the stock exchange floor and promptly reported to regulatory authorities.

03Mar 25

Piramal Enterprises Hit with ₹1,502 Crore Tax Demand Amid Financial Challenges

Piramal Enterprises faces a ₹1,502 crore ($180 million) tax demand, posing a significant financial challenge. The tax order represents 38.33% of the company's current assets, which have already decreased by 23.55% year-over-year. This comes as Piramal's total assets, equity, and current liabilities have all seen declines in FY 2024. The company may need to explore various options to address this substantial financial obligation, potentially impacting its operational strategies and financial planning.

28Feb 25

Piramal Enterprises Contests ₹1,502 Crore GST Demand, Reports Strong Retail Growth in Q3 FY25

Piramal Enterprises Limited (PEL) received a ₹1,502 crore GST demand notice from Maharashtra authorities for FY 2020-21, related to a ₹4,487 crore slump sale of its pharma business. PEL contests the order and plans legal action. Despite this, PEL reported strong Q3 FY25 results with retail AUM growing 37% YoY to ₹59,093 crore. Total AUM increased 16% to ₹78,362 crore, with improved Net Interest Margin at 5.7%. The company continues to focus on retail lending, expanding its presence across India.

28Feb 25

Piramal Enterprises Faces ₹1,502 Crore Tax Demand: Challenges GST Order on Pharma Business Sale

Piramal Enterprises Limited (PEL) has received a tax demand of ₹1,502 crores from Maharashtra's GST Department related to its 2021 pharma business sale. The dispute centers on whether the ₹4,487 crore transaction was a slump sale or an itemized sale. PEL maintains it was a slump sale and plans to challenge the order, believing it has strong grounds to support its position. The company does not expect this to impact its profit and loss statement for the year.