Piramal Enterprises Share News - Latest Updates, Live News & More

Latest news about Piramal Enterprises

Piramal Enterprises Reports Impressive Q1 Performance with Substantial Profit and Revenue Growth 16 hours ago Yesterday

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.

Piramal Enterprises Injects ₹700 Crore into Piramal Finance via Rights Issue Jun 27, 2025

Piramal Enterprises: Share Price Surges 6% Despite Q4 Net Profit Drop May 07, 2025

Piramal Enterprises Sets Ambitious Financial Targets for FY26 May 06, 2025

Piramal Enterprises Q4 Profit Dips 25% to ₹102 Crore, Declares Dividend May 06, 2025

More news about Piramal Enterprises

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.