Piramal Finance Investor Presentation: Q3 FY26 Results & Roadshow
Piramal Finance presented its Q3 FY26 results, reporting consolidated AUM of ₹96,690 Cr (up 23% YoY) and PAT of ₹401 Cr (up 940% YoY). The company aims for ₹1.5 lakh Cr AUM by FY28. Retail AUM grew 34% YoY to ₹79,413 Cr, and Wholesale 2.0 AUM reached ₹12,047 Cr (up 35% YoY). NIM was 6.3%, and credit costs for growth business were 1.6%.
The announcement includes detailed financial results for the quarter, strategic targets, and upcoming investor engagement activities, which are highly material for investors.
The company reported strong year-on-year growth in AUM and PAT, with improved NIM and stable asset quality. The forward-looking statements about future AUM growth and profitability targets are positive.
Piramal Finance Limited has released a revised investor presentation for upcoming roadshows and meetings with analysts and institutional investors. The presentation covers the Q3 FY26 results summary, detailing performance across retail and wholesale lending segments, as well as the legacy business. The company highlighted its growth strategy, aiming for ₹1.5 lakh crore AUM by FY28 with a target AUM-to-equity ratio of 4.5-5.0x. Profitability targets include RoAUM greater than 3% and stable earnings. The company is focusing on building a future-proof, AI-native company, with AI playing a significant role in operations like collections and underwriting.
In Q3 FY26, Piramal Finance reported a consolidated AUM of ₹96,690 crore, a 23% year-on-year increase, with the growth business contributing 95% of the total AUM. Consolidated Profit After Tax (PAT) stood at ₹401 crore, a significant 940% YoY increase. The growth business PBT was ₹427 crore, up 101% YoY. Net interest margin (NIM) increased to 6.3% YoY, and retail opex-to-AUM declined to 3.8%. Asset quality remained stable with total GNPA flat, and credit costs for the growth business down 10 bps QoQ to 1.6%. RoAUM for the growth business was 1.9%. The company reiterated its leverage target with AUM/E at 3.5x.
The retail lending segment, comprising 82% of total AUM, saw AUM grow by 34% YoY to ₹79,413 crore. Disbursements grew by 26% YoY. The wholesale lending business (Wholesale 2.0) AUM reached ₹12,047 crore, a 35% YoY increase. The company continues its strategy to bring legacy AUM below ₹35 billion by March 2026.
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Piramal Finance Limited filed this with the NSE as a statutory disclosure, categorised under investor presentation. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by Piramal Finance Limited. Read the original for the full detail.