Piramal Enterprises Limited has informed the Exchange about Investor Presentation
Awaiting price reaction for this filing.
Piramal Enterprises filed an investor presentation to be shared at the Emkay Confluence 2025 and JM Financial Promoter Conference. Q1 FY26 highlights: Consolidated AUM stood at ₹85,756 Cr, up 22% YoY, driven by Retail AUM of ₹69,005 Cr (up 37% YoY, 80% of total) across 517 branches and Wholesale 2.0 AUM of ₹10,425 Cr (up 47% YoY) with zero delinquencies. Consolidated PAT jumped 52% YoY to ₹276 Cr, with Growth Business PBT at ₹295 Cr (up 44% YoY). Net Interest Margins expanded to 5.9% from 4.3% earlier, while opex-to-AUM dropped 230bps over 9 quarters to 4.2%, reflecting strong operating leverage. Asset quality remained stable with GNPA at 2.8%, NNPA at 2.0%, and Retail 90+ DPD at 0.8%. Company reaffirmed FY26 targets: 25% Total AUM growth, 30% Growth AUM growth, 80-85% Retail share, and Consolidated PAT of ₹1,300-1,500 Cr. The PEL-PFL merger is expected to complete by September 2025, which will reverse ~245bps of the recent capital adequacy drop to 19.3%.
This presentation reinforces PEL's successful transformation into a retail-led NBFC with improving profitability and stable asset quality. Margin expansion and controlled opex signal continued earnings growth. The upcoming PEL-PFL merger will simplify the group structure, give shareholders direct access to the lending business, and strengthen capital adequacy, all of which are supportive for the stock.