Piramal Enterprises Limited has informed the Exchange about Investor Presentation
Awaiting price reaction for this filing.
Piramal Enterprises submitted its August 2025 investor presentation ahead of an Axis Capital investor meeting on 25 August 2025. Q1 FY26 consolidated AUM rose 22% YoY to ₹85,756 Cr, with retail now 80% of the book at ₹69,005 Cr (up 37% YoY). Wholesale 2.0 AUM grew 47% YoY to ₹10,425 Cr, while legacy AUM shrank further to ₹6,327 Cr, down 85% since March 2022. Consolidated PAT jumped 52% YoY to ₹276 Cr, with growth business PBT up 44% YoY at ₹295 Cr. Asset quality stayed stable with GNPA at 2.8% and NNPA at 2.0%, and the company reiterated its FY26 targets including 25% total AUM growth and consol PAT of ₹1,300-1,500 Cr. The PEL-PFL merger is expected to complete by September 2025.
The strong Q1 numbers, steady progress on the PEL-PFL merger, and reiterated FY26 targets are positive for shareholders, reinforcing the company's retail-led growth story. With healthy liquidity (LCR 281%), improving margins (NIM up to 5.9%), and falling opex-to-AUM, profitability should continue to strengthen, supporting the stock's rerating potential.