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Home / Company Results / Piramal Finance Limited Q1 FY27 Net Profit Jumps 67% to ₹461 Crore; AUM Surges 25%
RS · Company Results

Piramal Finance Limited Q1 FY27 Net Profit Jumps 67% to ₹461 Crore; AUM Surges 25%

BY ADMIN • FILED 28 Jul 2026, 3:20 PM

Piramal Finance Limited has announced that it will participate in a Non-Deal Roadshow (NDR) with institutional investors in Chennai on August 3, 2026. Alongside the announcement, the company highlighted its strong Q1 FY27 financial and operational performance, marked by robust profit growth, expanding assets under management (AUM), improving asset quality, and continued investments in technology.

Q1 FY27 Financial Highlights

Piramal Finance delivered strong earnings growth during the quarter ended June 30, 2026, supported by healthy loan growth, improving operating efficiency, and stable funding costs.

  • Profit After Tax (PAT): ₹461 crore, up 67% year-on-year (YoY) from ₹276 crore.
  • Assets Under Management (AUM): Crossed the ₹1 lakh crore milestone, reaching ₹1,06,940 crore, a 25% YoY increase.
  • Core Growth Business AUM: Increased 32% YoY and now contributes 98% of the company’s total AUM.
  • Retail AUM: Rose 32% YoY to ₹91,249 crore, led by strong growth in housing loans and loans against property.

Improving Profitability and Operating Efficiency

The company reported continued improvement in profitability metrics during the quarter.

  • Net Interest Margin (NIM): Expanded by 47 basis points (bps) YoY to 6.5%.
  • Cost of Borrowing (CoB): Remained stable at 8.8%.
  • Return on Assets (RoA) – Growth Business: Improved to 1.9%, compared with 1.5% in Q1 FY26.
  • Cost-to-Income Ratio: Declined significantly to 52.5% from 65.6% a year earlier, reflecting improved operating efficiency and lower retail operating expenses.

Asset Quality Remains Strong

Piramal Finance continued to strengthen its balance sheet with improving asset quality and a healthy liquidity position.

  • Gross Non-Performing Assets (GNPA): Improved to 2.4%, compared with 2.8% in Q1 FY26.
  • Leverage (AUM-to-Equity): 3.7x.
  • Cash and Cash Equivalents: ₹6,925 crore, representing approximately 6% of total assets.
  • Liquidity Coverage Ratio (LCR): A strong 553%, indicating ample liquidity to support future business growth.

AI-Led Digital Transformation

Piramal Finance highlighted its continued investment in artificial intelligence to enhance operational efficiency and customer engagement.

Key technology initiatives include:

  • GenAI token usage increased more than fivefold year-on-year.
  • Approximately 57% of software code is now generated using AI-assisted development tools.
  • Launch of “Pia” (Piramal Investor Assistant), an AI-powered conversational platform designed to assist investors with information and support.

The company believes these initiatives will improve productivity, accelerate software development, and enhance the overall investor experience.

Chennai Non-Deal Roadshow

The upcoming Chennai Non-Deal Roadshow on August 3, 2026, will provide institutional investors with an opportunity to interact with the company’s management and discuss its business strategy, financial performance, growth outlook, and ongoing digital transformation initiatives.