StockWatch
·
Filing
Q3

Piramal Finance Ltd

PIRAMALFINFY2623 Jan 2026
Revenue+2.5%
Net Profit+42.6%
OPM66.93%

P&L

Quarterly Standalone

Revenue
+2.5%2.9K
Expenditure
+2.1%2.6K
Net Profit
+42.6%395.86
NPM 13.33%+37.7%EPS ₹17.46+42.5%

vs Q2 FY26

Piramal Finance Reports PAT of Rs 1004 crore in 9M FY2026, AUM Grows 23% YoY

23 Jan 2026 · 23 Jan, 4:36 pm

Summary

Piramal Finance Limited reported a Profit After Tax (PAT) of Rs 1004 crore in the first nine months of FY2026. The company's Assets Under Management (AUM) grew by 23% YoY to Rs 96,690 crore. The growth business ROAUM increased to 1.9% from 1.3% in Q3 FY25. The company's networth stands at Rs 27,872 crore with strong liquidity of Rs 7,504 crore. The company recently monetised its stake in Shriram Life Insurance for Rs 600 crore.

Key Highlights

  1. 1

    Total Assets Under Management (AUM) grew 23% YoY to 96,690 Cr

  2. 2

    Profit After Tax (PAT) up 10x YoY at 401 Cr

  3. 3

    Retail AUM grew 34% YoY to 79,413 Cr, now 82% of total AUM

  4. 4

    Wholesale 2.0 AUM grew 35% YoY to 21,047 Cr

  5. 5

    Announced monetisation of Shriram Life Insurance stake for 600 Cr on 19* Dec’25

Management Comments

A

Anand Piramal

Chairman, Piramal Finance Ltd.

Q3 was another strong quarter, and it capped a very solid nine-month performance in FY26. Our AUM grew 23% year-on-year to over 96,000 Cr, and our profitability strengthened meaningfully. Our consolidated PAT stood at over %1,000 Cr, driven by better margins, stable asset quality and operating leverage, without any major one-off gains. We have also recently achieved a few important milestones. Earlier this month, we received a CRISIL AA+ rating for our long-term debt, which strengthens our ability to scale up responsibly and profitably. We also secured our inaugural DFI funding of $350 million from IFC and ADB — an important validation of our business model, governance and long-term direction. This partnership also diversifies our funding sources and supports our growth plans. Alongside growth, we remain focused on strengthening our balance sheet. We recently monetised our stake in Shriram Life Insurance for %600 Cr, expected to close in Q4. The consistency we have seen across the last several quarters gives us confidence in our direction and our ability to deliver sustained growth and profitability.

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