Piramal Finance to Meet Investors on September 22; Q1 FY27 Profit Rises 67%
Piramal Finance Limited has informed the stock exchanges that it will participate in the Anand Rathi Annual Flagship Conference – G-200 Summit 2026 on September 22, 2026, in Mumbai.
The company said its management will interact with an investor group at the conference. The date is subject to change depending on investor or company requirements.
Along with the meeting schedule, Piramal Finance has provided its Q1 FY27 investor presentation, which highlights strong growth in assets under management, profitability, and retail lending.
Piramal Finance Q1 FY27: Key Numbers
Piramal Finance reported continued momentum in its growth business during the June 2026 quarter.
Key highlights include:
- AUM: ₹1,06,940 crore, up 25% YoY
- Retail AUM: ₹91,249 crore, up 32% YoY
- Growth AUM: up 32% YoY
- Consolidated PAT: ₹461 crore, up 67% YoY
- Growth business PBT: ₹470 crore, up 59% YoY
- Growth business RoAUM: 1.9%, compared with 1.5% in Q1 FY26
- NIM: 6.5%, up 47 basis points YoY
- GNPA: 2.4%, compared with 2.8% in Q1 FY26
- Net worth: ₹28,906 crore
- Gross borrowings: ₹82,345 crore
- Debt-to-equity: 2.8x
The company said its growth AUM now represents approximately 98% of total AUM, with the legacy portfolio reduced to around 2%.
Retail Lending Remains the Main Growth Driver
Retail lending continues to account for the majority of Piramal Finance’s business.
Retail AUM increased 32% year-on-year to ₹91,249 crore in Q1 FY27. Retail disbursements increased 44% YoY.
The company’s mortgage portfolio remains its largest retail segment, with housing loans and loan against property (LAP) together accounting for a substantial portion of retail AUM.
Piramal Finance reported mortgage AUM of ₹61,199 crore, representing around 67% of retail AUM.
The company has also been expanding its presence in unsecured lending, used-car finance, rural lending, and gold loans.
Branch Network Expands to 780 Locations
Piramal Finance had 780 branches across 26 states as of June 2026.
The company is continuing to expand its branch network while focusing on improving productivity from existing locations.
Its rural strategy is also gaining scale, with rural micro-loan AUM reaching ₹1,547 crore, up 101% YoY.
Micro-loan disbursements increased 296% YoY during the quarter.
Gold Loan Business Enters Expansion Phase
Piramal Finance has also started scaling its gold loan business.
The company said it completed the first phase of its rollout with 67 branches and has started Phase 2.
The company is targeting 200 gold-loan branches by the end of FY27.
Gold loans generated ₹6 crore of disbursements in the first full month of operations in June 2026.
Wholesale Lending AUM Rises 27%
Piramal Finance’s wholesale lending business also recorded growth during the quarter.
Wholesale AUM stood at ₹13,238 crore, representing a 27% YoY increase.
Wholesale disbursements were ₹2,604 crore during Q1 FY27, while repayments were ₹1,932 crore.
The company said repayments remained strong, supported by a favourable environment for borrower cash flows.
The wholesale portfolio is being built around real estate and corporate mid-market loans, with the company highlighting a diversified and granular portfolio.
Asset Quality Shows Improvement
Asset quality remained an important positive in the Q1 FY27 presentation.
Piramal Finance reported a gross NPA ratio of 2.4%, compared with 2.8% in Q1 FY26.
The net NPA ratio stood at 1.6%, compared with 2.0% a year earlier.
Within the retail portfolio, 90+ DPD remained at 0.7%, according to the company’s presentation.
The company also said its growth-business credit cost remained controlled at 1.6%.
Profitability Continues to Improve
Piramal Finance’s consolidated net profit increased 67% YoY to ₹461 crore in Q1 FY27.
Total income increased 37% YoY to ₹1,693 crore, while pre-provision operating profit increased 89% YoY to ₹804 crore.
Net interest income rose 43% YoY to ₹1,442 crore.
The company also reported an improvement in its cost structure. Its company-level cost-to-income ratio declined to 52.5%, compared with 65.6% in Q1 FY26.
Retail operating expenses as a percentage of AUM declined to 3.5%, down 66 basis points YoY.
AI Becomes a Bigger Part of Piramal Finance’s Operations
One of the notable themes in the investor presentation is the increasing use of artificial intelligence across the company’s operations.
Piramal Finance said 57% of its overall code is now written by AI, while AI usage has expanded across sales, underwriting, collections, customer experience, and productivity.
The company’s AI initiatives include:
- AI-assisted bank statement analysis
- Document fraud detection
- AI-based credit decisioning
- Voice AI for customer interactions
- AI-powered collections
- Customer onboarding through bots
- AI-assisted employee hiring
The company said AI has helped increase average decisioned amounts per credit manager from ₹8.6 crore in Q1 FY25 to ₹12.6 crore in Q1 FY27.
Investor Meeting on September 22
The upcoming Anand Rathi Annual Flagship Conference – G-200 Summit 2026 provides investors with an opportunity to interact with Piramal Finance’s management.
The company is likely to face questions around its retail growth strategy, asset quality, margins, cost efficiency, rural and gold-loan expansion, AI adoption and its long-term profitability targets.
Piramal Finance has previously outlined long-range objectives that include approximately doubling AUM in around three years and achieving a growth-business RoAUM above 3%.
What Investors Should Watch
For Piramal Finance investors, the key indicators going forward will be:
- Retail AUM growth and disbursement momentum
- Sustainability of the 6.5% NIM
- Credit costs and asset quality
- Progress toward the 3%+ RoAUM objective
- Operating leverage and cost-to-income improvement
- Performance of rural and gold-loan businesses
- Wholesale portfolio quality and repayments
- Impact of AI on productivity and operating costs
The combination of strong AUM growth, higher profitability and improving asset quality makes the Q1 FY27 presentation an important update for investors tracking Piramal Finance.
Disclaimer
This article is based on information disclosed by Piramal Finance Limited in its investor presentation and stock-exchange filing. It is intended for informational and educational purposes only and should not be considered investment advice. Investors should conduct their own research and consult a qualified financial adviser before making investment decisions.
Source: Piramal Finance Limited, Q1 FY27 Results Presentation and stock-exchange disclosure dated September 15, 2026.