Piramal Enterprises Limited has informed the Exchange about Investor Presentation
Awaiting price reaction for this filing.
Piramal Enterprises reported consolidated AUM of INR 80,689 Cr in FY25, up 17% YoY, driven by 35% growth in retail AUM to INR 64,652 Cr and 44% growth in Wholesale 2.0 AUM to INR 9,117 Cr. The company swung back to a consolidated profit of INR 485 Cr in FY25, compared to a loss of INR 1,684 Cr in FY24, with Q4 FY25 PAT at INR 102 Cr. Operating efficiency improved sharply, with Opex to AUM falling 220bps over eight quarters to 4.3%, while 90+ DPD delinquency remained stable at 0.8%. Legacy AUM was run down by 53% YoY to INR 6,920 Cr. The RBI approved the merger of PEL with Piramal Finance, expected to complete by September 2025. For FY26, management guided AUM growth of ~25% YoY (to ~INR 100,000 Cr) and consolidated PAT of INR 1,300–1,500 Cr.
The sharp return to profitability, strong AUM growth, improving operating leverage, and confident FY26 PAT guidance of nearly 3x growth should be viewed positively by shareholders. Simplified group structure post-merger and continued legacy book rundown add further value, though growth depends on stable credit costs and successful execution.