Piramal Finance

Piramal Finance planning to raise $1 billion via foreign currency loans

Piramal Finance Ltd will mainly tap foreign banks and multilateral agencies for the loan, with tenors ranging from three to five years, Chief Executive Officer Jairam Sridharan said

Piramal Finance eyes 25% AUM growth, 50% profit rise by FY27 end

Piramal Finance expects strong growth in AUM and profits by FY27, while planning stake sales in non-core businesses and expanding its rural lending and branch network

Piramal Finance jumps 7%, hits all-time high on posting Q4; PAT up 390% YoY

Piramal Finance's net profit surged 390 per cent Y-o-Y to ₹502 crore in Q4FY26 from ₹102 crore a year ago, and rose 25 per cent sequentially

Piramal Finance Q4FY26 net profit jumps nearly 5x on exceptional gains

Piramal Finance reports sharp rise in Q4 profit driven by one-off gains, while core operating performance remains stable with steady asset quality and growth

Nomura flags stress in MSME, vehicle loans as fuel shock hits NBFC sector

The brokerage assessing the impact of a prolonged conflict noted that these segments face the highest near-term risk, while housing, gold, and power loans appear relatively better insulated

Nomura bets on AI-led NBFC growth; Piramal, LT Fin, Tata Capital rated Buy

AI could transform NBFC lending and drive faster growth, according to Nomura. The brokerage has initiated coverage on Piramal Finance, L&T Finance, Tata Capital and HDB Financial.

IIFL Finance hires EY for due diligence on potential Samasta stake sale

IIFL Finance has appointed EY to conduct due diligence for a possible stake sale in its MFI arm Samasta, as the lender evaluates strategic options amid pressure on the microfinance portfolio

Transmission of bank loan rate to NBFCs weak: Piramal Finance MD & CEO

Piramal Finance MD Jairam Sridharan says bank rate transmission to NBFCs remains weak, prompting a stronger shift towards lower-cost DFI funding

Piramal Finance net profit zooms to ₹401 crore; AUM jumps over 23%

Non-bank lender Piramal Finance on Friday reported that its net profit for the December quarter zoomed to Rs 401 crore from Rs 39 crore in the year-ago period. The company's managing director and chief executive, Jairam Sridharan, attributed the profit growth to a combination of factors, including growth in assets under management, expansion in net interest margins, control over operating expenses and lower credit costs. Its AUM jumped by over 23 per cent during the quarter, NIMs expanded by 0.50 per cent to 6.30 per cent, operating expenses grew by just 4 per cent and the provisions were up 36 per cent, as per a statement. The core net interest income grew 31 per cent to Rs 1,227 crore, while the other income was up 23 per cent at Rs 252 crore for the reporting quarter. The return on AUM stands at 1.9 per cent at present, and the company is aiming to take it further up to 3 per cent over the medium term, Sridharan said, adding that NIMs will have to expand by 0.30 per cent more to

Piramal Fin aims to raise up to $1 billion in foreign loans every year

Non-bank lender Piramal Finance plans to borrow up to USD 1 billion every year from foreign sources as it seeks to diversify its funding sources, a top official has said. The company has raised USD 350 million from IFC and ADB and is in advanced talks to secure another USD 150 million from a multilateral funding agency over the next three weeks, its Chief Executive and Managing Director Jairam Sridharan said. "We plan to continue to raise USD 500 million-1 billion from foreign sources across multiple routes every year," Sridharan said. In FY25, it had raised USD 800 million through external commercial borrowings and bond issue routes, but had not raised any money from foreign sources in FY26 given the rate cuts which made local borrowing cheaper, he added. The landed cost of funds in rupee terms, including hedging costs for the latest issuances, is in the range of 88.5 per cent, as against the incremental funding cost of 8.75-8.80 per cent for funding from domestic markets, He sai

Piramal Finance to sell 14.72% stake in Shriram Life for ₹600 crore

The transaction is expected to close in the quarter ending March 31, 2026, subject to receipt of requisite regulatory approvals

Piramal Finance to raise $1.67 bn locally by March to expand lending

The company aims to raise RS 300 billion in the current financial year, about half of which has been borrowed already, said chief executive officer and managing director Jairam Sridharan

Motilal Oswal ups Piramal Finance target, retains 'Buy' on retail-led surge

The brokerage believes Piramal is entering a phase where scale benefits, lower operating costs and a sharper credit framework will drive meaningful expansion in return ratios.

Piramal Finance hits ₹30,000 cr market cap on debut after PEL merger

Shares of Piramal Finance, which debuted on BSE after its merger with PEL, hit the upper circuit at Rs 1,333.45, valuing the NBFC at over Rs 30,000 crore

Piramal Finance freezes at 5% upper circuit on re-listing day

Shares of Piramal Finance were locked in the 5 per cent upper circuit at ₹1,333.45 on the BSE in Friday's intra-day trade.

Piramal Finance aims AUM of ₹1.5 trillion by 2028: CEO Jairam Sridharan

Piramal Finance Ltd (formerly known as Piramal Capital & Housing Finance Ltd) on Friday said the company wants to achieve AUM size of Rs 1.5 lakh crore by 2028. "We want to build a business that is Rs 1.5 lakh crore in AUM, 3 per cent in return on assets and predictable in terms of profitability. We have spoken about that," Piramal Finance MD and CEO Jairam Sridharan said at the listing ceremony at NSE. The company achieved a 17 per cent growth in total Asset Under Management (AUM) from Rs 68,845 crore as of March 31, 2024, to Rs 80,689 crore as of March 31, 2025. The mix of total AUM across retail and wholesale segments improved to 80:20 as of March 31, 2025, from 70:30 as of March 31, 2024. Piramal Finance got listed at the stock exchanges earlier in the day following the merger of Piramal Enterprises with the former. As many as 22,66,77,700 shares of Rs 2 each were listed on stock exchanges at a price of Rs 1,260 a piece. Speaking at the event, Piramal Finance Chairman Anand ...

Open to small or medium buying opportunities: Piramal Finance MD & CEO

Jairam Sridharan, MD & CEO, Piramal Finance shares the rationale of the entire exercise and the growth roadmap for the upper layer NBFC in a conversation with Aathira Varier and Manojit Saha in Mumbai

Piramal Finance Q2FY26 results: Net profit jumps twofold to ₹327 crore

The total assets under management (AUM) of the lender grew 22 per cent year-on-year (Y-o-Y) to Rs 91,447 crore, with retail AUM rising 36 per cent Y-o-Y to Rs 74,704 crore

Anand Piramal to become chairman of Piramal Finance after merger

Anand Piramal will chair Piramal Finance with Jairam Sridharan as MD and CEO after NCLT approves merger with Piramal Enterprises, effective from the record date

Piramal Finance raises Rs 2.9K cr via bonds backed by mutual funds

Funds raised through three tranches will be used for onward lending, refinancing, debt repayment and short-term investments, says the Piramal Enterprises NBFC arm