Piramal Finance Ltd

Piramal Finance announced that the Annual General Meeting(AGM) of the company will be held on 2 July 2026.

Tata Chemicals Ltd, Cohance Lifesciences Ltd, Jain Resource Recycling Ltd, Leela Palaces Hotels & Resorts Ltd are among the other stocks to see a surge in volumes on NSE today, 28 April 2026.Piramal Finance Ltd notched up volume of 99.43 lakh shares by 14:14 IST on NSE, a 26.65 fold spurt over two-week average daily volume of 3.73 lakh shares. The stock rose 9.46% to Rs.2,017.40. Volumes stood at 2.11 lakh shares in the last session.Tata Chemicals Ltd recorded volume of 177.54 lakh shares by 14:14 IST on NSE, a 24.65 times surge over two-week average daily volume of 7.20 lakh shares. The stock gained 11.24% to Rs.803.50. Volumes stood at 8.05 lakh shares in the last session.Cohance Lifesciences Ltd recorded volume of 339.98 lakh shares by 14:14 IST on NSE, a 7.3 times surge over two-week average daily volume of 46.59 lakh shares. The stock gained 13.40% to Rs.490.00. Volumes stood at 139.15 lakh shares in the last session.Jain Resource Recycling Ltd registered volume of 55.26 lakh shares by 14:14 IST on NSE, a 6.04 fold spurt over two-week average daily volume of 9.15 lakh shares. The stock rose 6.80% to Rs.448.40. Volumes stood at 7.07 lakh shares in the last session.Leela Palaces Hotels & Resorts Ltd saw volume of 7.68 lakh shares by 14:14 IST on NSE, a 5.51 fold spurt over two-week average daily volume of 1.39 lakh shares. The stock dropped 4.05% to Rs.409.60. Volumes stood at 1.37 lakh shares in the last session.

Profit before tax (PBT) zoomed 334.9% YoY to Rs 504.76 crore in Q4 March 2026. Net interest income (NII) climbed 41% YoY to Rs 1,362 crore in Q4 FY26. Pre-provison operating profit (PPOP) increased 25% YoY to Rs 694 crore in Q4 March 2026. Total asset under management (AUM) jumped 25% to Rs 1,01,230 crore in Q4 FY26, compared with Rs 80,689 crore in Q4 FY25. Asset quality improved, with gross non-performing asset (GNPA) ratio imnproved to 2.1% as on 31st March 2026, compared with 2.8% as on 31st March 2025. Net non-performing assets (NNPA) ratio improved to 1.6% as on 31st March 2026 from 1.9% as on 31st March 2025. On a yearly basis, the company's consolidated net pofit skyrocketed 210.3% to Rs 1,506.14 crore on 25.3% jump in total income to Rs 13,465.89 crore in FY26 over FY25. Anand Piramal, chairman, Piramal Finance, said, 'Crossing Rs 1 lakh crore in AUM is an important milestone, but what matters more is the quality and consistency of our progress. Over the past year, we have continued to rebalance the portfolio towards a retail-led model while improving profitability, maintaining asset quality and strengthening the balance sheet.' Meanwhile, the company's board recommended a final dividend of Rs 11 per equity of face value of Rs 2 each for FY26. Piramal Finance is a retail-led upper layer NBFC with a pan-India presence, having served over 5 million customers across 26 states. In retail lending, the company offers home loans, loans against property, used car loans, personal loans, digital loans and small business loans. In wholesale lending, the company provides asset-backed, data-driven solutions across real estate and select non-real estate sectors.

Piramal Finance announced that the Board of Directors of the Company at its meeting held on 27 April 2026, inter alia, have recommended the final dividend of Rs 11 per equity Share (i.e. 550%) , subject to the approval of the shareholders.

Net profit of Piramal Finance rose 389.82% to Rs 501.77 crore in the quarter ended March 2026 as against Rs 102.44 crore during the previous quarter ended March 2025. Sales rose 24.46% to Rs 3041.57 crore in the quarter ended March 2026 as against Rs 2443.83 crore during the previous quarter ended March 2025. For the full year,net profit rose 210.26% to Rs 1506.14 crore in the year ended March 2026 as against Rs 485.45 crore during the previous year ended March 2025. Sales rose 23.62% to Rs 11253.27 crore in the year ended March 2026 as against Rs 9103.06 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales3041.572443.83 24 11253.279103.06 24 OPM %47.5553.87 -62.6662.19 - PBDT-176.60169.19 PL 1040.52858.58 21 PBT-821.60116.07 PL 137.72644.89 -79 NP501.77102.44 390 1506.14485.45 210 Powered by Capital Market - Live

Piramal Finance will hold a meeting of the Board of Directors of the Company on 27 April 2026.

The official announcement was made on Friday, 20 March 2026, after market hours. Piramal Finance is a retail-led upper layer NBFC with a pan-India presence, having served over 5 million customers across 26 states. In retail lending, the company offers home loans, loans against property, used car loans, personal loans, digital loans and small business loans. In wholesale lending, the company provides asset-backed, data-driven solutions across real estate and select non-real estate sectors. Piramal Finance has reported a consolidated net profit of Rs 401 crore in Q3 FY26, which is significantly higher as compared with the PAT of Rs 39 crore recorded in Q3 FY25. Total income increased by 29% YoY to Rs 1,480 crore in Q3 FY26. The counter fell 3.56% to Rs 1,781.50 on the BSE. Powered by Capital Market - Live

Piramal Finance will hold a meeting of the Board of Directors of the Company on 27 March 2026.Powered by Capital Market - Live

Piramal Finance today announced that CARE Ratings has upgraded its Long-Term Bank Facilities and Debentures rating to 'CARE AA+; Stable' from 'CARE AA; Stable', reflecting the continued strengthening of the company's financial and risk profile. This is the second domestic rating action at the AA+ level, following CRISIL's assignment of AA+/Stable in January 2026, reinforcing confidence in Piramal Finance's business stability, earnings resilience, and overall credit strength.Powered by Capital Market - Live

S&P Global Ratings has upgraded Piramal Finance's long-term issuer credit rating to 'BB' from 'BB-', with a Stable outlook, while affirming its 'B' short-term issuer credit rating. This upgrade marks a significant milestone in Piramal Finance's multi-year transformation into a scaled, diversified, retail-focused lending franchise. S&P Global Ratings' upgrade reflects its expectation of stronger business stability and earnings resilience at Piramal Finance, driven by the steady run-down of legacy exposures and the transition to a predominantly retail-focused portfolio. Retail loans are projected to account for about 85% of total AUM by FY26. The rating also factors in the company's strong promoter strength, which provides financial flexibility, strategic stability, and sustained support for long-term growth. Piramal Finance has total outstanding borrowings of approximately Rs 75,000 crore and raised nearly Rs 14,000 crore in External Commercial borrowings (ECBs) across FY 25 and FY 26, underscoring its diversified funding profile. In January 2026, the company secured a 'AA+/Stable' rating from CRISIL, reinforcing confidence in its strengthened credit profile. During the same month, the company secured USD 350 million in multilateral funding from the International Finance Corporation (IFC) and the Asian Development Bank (ADB) under its Sustainable Finance Framework ' its first development finance institution borrowing ' with discussions underway to scale this up to USD 500 million, marking a key step in diversifying its liability base. Additionally, the company recently raised USD 400 million through an external commercial borrowing facility from a consortium of leading global and domestic lenders - Axis Bank, DBS Bank, Deutsche Bank AG, Far Eastern International Bank and Sumitomo Mitsui Banking Corporation (SMBC) - further strengthening its liability profile and supporting its growth strategy. Classified by the Reserve Bank of India as an Upper Layer NBFC, the company is among the fastest-growing large NBFCs in India, with retail AUM (excluding legacy business) growing at a 40% CAGR over the past four years to approximately Rs 86,000 crore and total AUM of over ₹96,000 crore. Powered by Capital Market - Live