"Piramal Enterprises Limited has informed the Exchange regarding press release dated 6th May, 2025".
Awaiting price reaction for this filing.
Piramal Enterprises reported consolidated PAT of INR 485 Cr for FY25, a turnaround from a loss of INR 1,684 Cr in FY24, with Q4 FY25 PAT at INR 102 Cr. Total AUM grew 17% YoY to INR 80,689 Cr, driven by retail (up 35% YoY to INR 64,652 Cr, 80% of AUM) and Wholesale 2.0 (up 44% YoY to INR 9,117 Cr). Legacy AUM shrank 53% YoY to INR 6,920 Cr (9% of total). The company met all FY25 stated targets. Key updates include RBI approval for the PEL-Piramal Finance merger (expected by Sep 2025), USD 815 mn raised from global markets in FY25, capital adequacy at 23.6%, GNPA at 2.8%, and opex-to-AUM improving 220 bps over 8 quarters to 4.3%. Management guided FY26 for ~25% YoY AUM growth and consolidated PAT of INR 1,300–1,500 Cr.
The strong AUM growth, return to profitability, met FY25 targets, RBI-approved merger, and clear FY26 PAT guidance (nearly 3x growth) are positive signals. Shareholders can expect a simplified group structure post-merger and sharper profit growth, though borrowings rose to INR 65,484 Cr and credit costs ticked up slightly in Q4.