Intimation under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 with respect to investor presentation to be made to investors at the ''Investec Roadshow'' on 16th ....
Awaiting price reaction for this filing.
Piramal Enterprises shared its Q4 FY25 results and FY26 guidance at an Investec Roadshow. Total AUM grew 17% YoY to INR 80,689 Cr, with retail now forming 80% of the book (INR 64,652 Cr, up 35% YoY across 517 branches). The company swung to a consolidated PAT of INR 485 Cr from a loss of INR 1,684 Cr in FY24, while growth business PBT stood at INR 896 Cr and AIF recoveries contributed INR 926 Cr. Legacy AUM shrank to just 9% of the total (INR 6,920 Cr, down 53% YoY) and the RBI-approved PEL-PFL merger is expected by Q2 FY26. For FY26, management targets ~25% total AUM growth (~INR 100k Cr), retail share rising to 80-85%, and consolidated PAT of INR 1,300-1,500 Cr, supported by opex-to-AUM improvement (already down 220bps in 8 quarters to 4.3%).
The return to profitability, strong AUM growth, clear FY26 guidance, and progress on the PEL-PFL merger point to a credible turnaround story; investors should watch unsecured book asset quality and merger execution timelines.