Summary

Piramal Finance Limited announced robust financial results for Q4 and the full fiscal year ended March 31, 2026. The company reported a Profit After Tax (PAT) of ₹ 1,506 Cr for FY26, representing a significant 210% year-over-year increase, with Q4 FY26 PAT soaring by 390% to ₹ 502 Cr. Total Assets Under Management (AUM) crossed the ₹ 1 lakh crore mark, growing 25% year-over-year to ₹ 1,01,230 Cr, driven by a successful transition to a retail-led, AI-native operating model. Net Income Margin expanded to 6.5% in Q4 FY26, while asset quality remained stable with GNPA at 2.3% and NNPA at 1.6%. Chairman Anand Piramal highlighted the achievement of crossing ₹ 1 lakh crore in AUM as an important milestone, emphasizing disciplined growth, improved profitability, and a strengthened balance sheet.

Key Highlights

1. 1

   Piramal Finance reported a significant Profit After Tax (PAT) of ₹ 1,506 Cr for FY26, marking a 210% increase year-over-year.

2. 2

   For Q4 FY26, PAT surged by 390% year-over-year to ₹ 502 Cr, reflecting strong quarterly performance.

3. 3

   Total Assets Under Management (AUM) surpassed ₹ 1 lakh crore, reaching ₹ 1,01,230 Cr with a 25% year-over-year growth.

4. 4

   The company's retail AUM grew by 33% year-over-year to ₹ 85,885 Cr, now comprising 85% of the total AUM.

5. 5

   Net Income Margin expanded by 14 bps year-over-year and 23 bps quarter-over-quarter, reaching 6.5% in Q4 FY26.

6. 6

   Asset quality remained stable, with Gross Non-Performing Assets (GNPA) at 2.3% and Net Non-Performing Assets (NNPA) at 1.6%.

7. 7

   Credit ratings were upgraded by Crisil, ICRA, Care, and S&P Global during Q4 FY26, with Moody’s revising its outlook to 'Positive'.