Press Release
Awaiting price reaction for this filing.
Piramal Enterprises Ltd (PEL) announced its FY25 consolidated results, reporting a Profit After Tax of INR 485 Cr for the full year, a strong turnaround from a loss of INR 1,684 Cr in FY24. Q4 FY25 standalone PAT came in at INR 102 Cr, up from INR 39 Cr in Q3 FY25. Total Assets Under Management grew 17% year-on-year to INR 80,689 Cr, with Growth AUM rising 36% YoY to INR 73,769 Cr and Legacy AUM shrinking 53% YoY to INR 6,920 Cr. The company achieved AIF recoveries of INR 802 Cr, raised USD 815 million from global markets, and holds INR 10,084 Cr in cash and liquid investments. Asset quality remains healthy with Gross NPA at 2.8% and Net NPA at 1.9%.
For shareholders, this represents a clear return to profitability with improving business mix, strong capital position (23.6% capital adequacy), and RBI approval for the PEL-PFL merger expected to conclude by September 2025, which should simplify the corporate structure. The company has guided for ~25% YoY AUM growth in FY26 and a sharp increase in consolidated PAT, signalling positive momentum for the stock.