Piramal Finance Ltd. Announces Analyst/Institutional Investor Meetings and Q3 FY26 Results
Piramal Finance Ltd. announced a schedule of analyst and institutional investor meetings, including a roadshow in Singapore on March 30, 2026. The company also released its Q3 FY26 results summary and investor presentation.Q3 FY26 Results Summary
The company reported a total assets under management (AUM) of ₹96,690 crore, an increase of 23% year-over-year. Consolidation net interest income increased to ₹1,227 crore, up 31% year-over-year. Profit before tax was ₹289 crore, up 235% year-over-year, and reported net profit after tax was ₹401 crore, up 940% year-over-year.Growth Strategy and Financial Highlights
Piramal Finance aims to achieve ₹1.5 lakh crore in AUM by March 2028. Key highlights from the presentation include:- Growth business RoAUM excluding profit related to POCI recovery.
- AUM/Equity ratio of 3.5x.
- Monetization of Shriram Life Insurance stake for ₹600 crore.
- Inaugural funding of $350 million from IFC & ADB.
Business Overview
Piramal Finance operates with a diversified lending business, supported by a strong promoter group and management team. The company has successfully transitioned to a retail-led business and is building a granular wholesale lending book. The Legacy AUM is set to be less than 5% of total AUM by the end of FY26.AI Strategy
The company's Piramal.ai strategy focuses on improving underwriting, driving growth, enhancing productivity, and building more. Recent AI implementations include reinforcement learning models for allocation channel optimization, speech-to-text models for collection disposition, and AI collection bots matching human performance.Retail Lending Snapshot
Retail AUM increased by 34% year-over-year to ₹79,413 crore, with disbursements up 26% year-over-year. The retail business has 518 branches across 429 cities.Wholesale 2.0
Wholesale AUM stands at ₹12,047 crore, with disbursements of ₹2,166 crore. The portfolio effective interest rate is 14.5%. The business focuses on real estate and corporate mid-market lending.Financial Position
As of Q3 FY26, the company's net worth was ₹27,872 crore, and borrowings were ₹75,532 crore. The capital adequacy ratio is 20.3%.Source:
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