Piramal Finance Limited

Piramal Finance Limited (PIRAMALFIN) is a mid-cap Financial Services company valued at ₹46,135 crore operating in Housing Finance Company on the NSE and BSE.

Recent price move

Piramal Finance Limited last traded at ₹1,941, modestly down 1.71% on the day.

Recent developments

On 2026-10-13, the company expects a 55% profit CAGR as its turnaround enters the payoff phase, with AUM growth projected at 25% annually. On 2026-09-28, the company announced a fundraising activity. On 2026-09-24, regulatory reforms by IRDAI could pressure NBFCs like Piramal Finance, affecting fee income. On 2026-09-10, the company used recent share price gains to fund acquisitions in microfinance, gold, and MSME lending.

Financial performance

The company's business is improving, with annual revenue rising 14.2% and net profit surging 210.5% year-over-year. The latest quarter saw revenue and net profit both growing significantly compared to the same quarter a year earlier, with revenue up 27.6% and net profit up 67.0%. The net profit margin has more than doubled, rising 8.0 percentage points to 12.7%, but return on equity and return on capital employed remain low at 5.3% and 7.2%, respectively.

Valuation multiples

The stock trades at 29.2 times earnings, a premium to the Financial Services median of 19.3, 1.79 times book value. It yields 0.5%.

Things to watch

The company is highly leveraged, with debt to equity at 2.84. Promoter holding fell by 1.94 percentage points in the quarter. The stock is 16.2% below its 52-week high. Recent regulatory changes could impact fee income for NBFCs like Piramal Finance.

Where it stands

The company has delivered strong net profit growth, with a 210.5% annual increase and a 67.0% rise in the latest quarter. However, its return on equity and return on capital employed remain low, and it is highly leveraged. The stock is 16.2% below its 52-week high, and regulatory changes could affect its fee income.

Summarised by DocStoX's model on 2026-10-17 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.