Piramal Finance Reports Strong Q1 FY27 Performance; PAT Rises 67%, AUM Crosses ₹1.07 Lakh Crore
Piramal Finance Limited, one of India’s leading diversified non-banking financial companies (NBFCs), delivered a strong financial performance for the first quarter of FY27, reporting healthy growth in profitability, assets under management (AUM), and operational efficiency. The company also announced plans to raise up to ₹4,000 crore, strengthening its capital position to support future expansion.
Backed by a retail-focused lending strategy and improving asset quality, Piramal Finance continues to build momentum across its core businesses while investing in technology and AI-led transformation.
Q1 FY27 Financial Highlights
Piramal Finance reported robust year-on-year growth across key performance indicators for the quarter ended June 30, 2026.
Key Financial Metrics
- Profit After Tax (PAT): ₹461 crore, up 67% YoY
- Total Assets Under Management (AUM): ₹1.07 lakh crore, up 25% YoY
- Growth AUM: Increased 32% YoY, accounting for 98% of total AUM
- Underlying Growth Business PBT: ₹470 crore
- Return on Growth AUM: Improved to 1.9%, compared with 1.5% in Q1 FY26
The strong growth reflects sustained demand across the company’s retail lending businesses and continued focus on profitable expansion.
Retail-Led Strategy Continues to Deliver
Piramal Finance’s retail-focused business model remains the key driver of its growth. The company now derives nearly all of its AUM from its growth businesses, highlighting its successful transition toward a diversified retail lending franchise.
Management noted that asset quality remained stable across both retail and wholesale portfolios, supporting consistent earnings growth and improving returns.
Board Approves ₹4,000 Crore Fund Raise
To support future business expansion, the Board of Directors has approved a proposal to raise up to ₹4,000 crore, subject to shareholder and regulatory approvals.
The additional capital will help the company:
- Strengthen its capital adequacy
- Support future loan book growth
- Expand lending operations
- Maintain a healthy liquidity position
The proposed fundraising reinforces management’s confidence in the company’s long-term growth prospects.
International Credit Rating Recognition
In another positive development, Piramal Finance received BBB/Stable credit ratings from leading Japanese rating agencies:
- Rating and Investment Information (R&I)
- Japan Credit Rating Agency (JCR)
The ratings are just one notch below India’s sovereign rating, reflecting the company’s strong financial profile and prudent risk management practices.
AI-Led Transformation and Growth Strategy
Managing Director and CEO Jairam Sridharan reaffirmed the company’s strategic focus on three long-term value drivers:
- Sustainable growth
- Improved profitability
- Predictable earnings
He also highlighted Piramal Finance’s efforts to build an AI-native organization, leveraging technology and data-driven decision-making to improve customer experience, operational efficiency, and risk management.
With an AA+ domestic credit rating, a diversified retail lending portfolio, and nearly 6 million customers across India, the company is well positioned to capitalize on the growing demand for financial services.