Piramal Finance Q1FY27 PAT ₹461 Cr, up 67% YoY; AUM ₹1,06,940 Cr, up 25%
Piramal Finance's Q1 FY27 PAT rose 67% YoY to ₹461 Cr. AUM grew 25% YoY to ₹1,06,940 Cr, with Retail AUM up 32% YoY to ₹91,249 Cr. NIM was 6.5%, and Cost to Income improved to 52.5%. GNPA was stable at 2.4%. The company launched its AI investor relations agent, Pia.
Significant growth in key financial metrics like PAT and AUM, coupled with improved operational efficiency and stable asset quality, is likely to have a high positive impact on investor sentiment and the company's valuation.
The company reported strong year-on-year growth in PAT and AUM, along with improved margins and cost efficiencies, indicating a positive financial performance.
Piramal Finance Limited reported a strong performance for the first quarter of FY27, with Profit After Tax (PAT) surging by 67% year-on-year to ₹461 crore. The company's Assets Under Management (AUM) grew by 25% year-on-year to ₹1,06,940 crore. Retail AUM also saw significant growth, increasing by 32% year-on-year to ₹91,249 crore.
The Net Interest Margin (NIM) stood at 6.5%, a 47 basis points increase year-on-year. The Cost to Income ratio improved to 52.5%, down from 65.6% in Q1 FY26, reflecting improved operational efficiency. Asset quality remained stable, with Gross Non-Performing Assets (GNPA) at 2.4% and a growth business credit cost of 1.6%.
The company highlighted its strategic focus on AI and technology, with its AI-powered investor relations agent, Pia, launched during the quarter. Piramal Finance continues to expand its branch network and product offerings across retail and wholesale lending segments, emphasizing a diversified and granular approach.
A plain-language summary of a public exchange filing by Piramal Finance Limited. Read the original for the full detail.