Key takeaway: Piramal Finance Limited's investor presentation for Q2 and H1 FY27 highlights strong growth in AUM, with total AUM reaching ₹1,13,112 Cr, up 24% YoY, driven by a 30% YoY increase in retail AUM. The company reported a 67% YoY increase in PAT to ₹545 Cr, with RoAUM at 2.0% for the growth business. Operational efficiency improved, with a 34bps YoY reduction in opex-to-AUM to 3.48% and a company cost-to-income ratio of 52.1%, down from 61.2% in Q2 FY26. Asset quality remained stable, with GNPA at 2.4% and credit costs at 1.5%. The company emphasized its AI-driven initiatives, including Piramal.ai, which saw a 5x growth in Gen-AI usage over the past year. Liabilities were diversified, with a focus on fixed-rate borrowings, and the company's liquidity coverage ratio (LCR) stood at 442%. In retail lending, the company expanded its branch network to 838 branches, with a focus on urban and rural markets, and reported a 34% YoY increase in retail disbursements. Wholesale lending saw AUM growth of 24% YoY, with strong repayment rates. The company also outlined long-term goals, including achieving an AUM of ₹1.5 lac Cr by March 2028 and maintaining a stable risk profile with predictable earnings. The presentation included detailed financials, including a consolidated P&L showing a 33% YoY increase in total income and a 67% YoY increase in net profit. The company also provided an overview of its asset classification, with a focus on growth assets and a reduction in legacy AUM to 1.5% of total AUM.

Key takeaway: Piramal Finance Limited's investor presentation dated 13th October 2026 outlines the company's business transformation and financial performance. The company has transitioned to a retail-led business model with 85% of total AUM in retail lending, driven by a strong management team and promoter group. The presentation highlights a well-capitalized balance sheet with a capital adequacy ratio of 18.9% and a debt-to-equity ratio of 2.8x. Retail lending has seen significant growth, with AUM increasing by 32% YoY to USD 9.6 Bn, supported by 780 branches across 607 cities and 26 states. The company emphasizes stable asset quality, with 90+ DPD at 0.7% for retail loans. Wholesale 2.0 lending has grown by 27% YoY to USD 1.393 Bn, focusing on real estate and corporate mid-market loans. Legacy AUM has been reduced to less than 3% of total AUM. The presentation also notes credit rating upgrades from domestic and international agencies, including AA+ from Crisil, CARE, and ICRA, and BB from S&P. The company has completed a merger with Piramal Enterprises, enhancing its scale and target market. The presentation includes details on AI-driven lending strategies, ESG initiatives, and a strong corporate governance framework.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM (3.5%) and strong disbursement growth. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with strong repayment rates. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed improved net profit, with consolidated RoE rising to 7.3%. The presentation also noted a decline in legacy AUM to ~2% of total AUM and a focus on expanding urban branch networks and cross-selling strategies. The document includes detailed financial metrics, operational performance, and strategic initiatives.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM (3.5%) and steady risk metrics. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with strong repayment rates. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed improved profitability, with consolidated net profit up 67% YoY. The presentation also noted a 37bps decline in COB and a 25% increase in opex. The company aims to achieve a 2x AUM growth in ~3 years and maintain RoAUM above 3% as part of its long-range goals. Legacy AUM now constitute ~2% of total AUM, down significantly since 2022. The document includes detailed financials, asset classifications, and operational metrics, with a focus on growth, profitability, and predictability.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM ratios and strong disbursement growth. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with robust repayment rates. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed improved profitability, with consolidated net profit rising 67% YoY. The presentation also noted a 37% increase in total income and a 25% rise in operating expenses, alongside a 127% increase in loan loss provisions. The company aims to reduce opex by 25 bps and continues to expand its branch network, with 780 branches as of Q1 FY27. The document also includes a disclaimer about forward-looking statements and details for an upcoming earnings call on 16 July 2027.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM ratios and strong disbursement growth. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with robust repayment rates. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed improved net profit margins and strong liquidity, with cash and equivalents at ₹6,925 Cr. The presentation also outlined strategic goals, including a 2x AUM growth in ~3 years and RoAUM above 3%.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM (3.5%) and strong disbursement growth. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with a repayment rate of 74%. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed a 37% YoY increase in total income and a 67% YoY rise in net profit. The balance sheet reflected strong liquidity with cash and equivalents at ₹6,925 Cr and a debt-to-equity ratio of 2.8x. The presentation also outlined strategic goals, including a 2x AUM growth in ~3 years and RoAUM above 3%.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM ratios and strong disbursement growth. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with robust repayment rates. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed improved net interest income and a consolidated RoE of 7.3% as of Q1 FY27. The presentation also noted a decline in legacy AUM to ~2% of total AUM and a strong liquidity position with LCR at 553%.

Key takeaway: Piramal Finance Limited's Q1 FY27 investor presentation highlights strong growth in AUM and profitability. Total AUM reached ₹1,06,940 Cr, up 25% YoY, with retail AUM growing 32% YoY to ₹91,249 Cr. PAT increased 67% YoY to ₹461 Cr, with RoAUM at 1.9% for the growth business. Operational efficiency improved, with company cost-to-income at 52.5%, down from 65.6% in Q1 FY26. Asset quality remained stable, with GNPA at 2.4% and controlled credit costs. The retail segment showed declining opex-to-AUM (3.5%) and strong disbursement growth. Wholesale lending AUM grew 27% YoY to ₹13,238 Cr, with a repayment rate of 74%. The company emphasized AI integration, with Piramal.ai enhancing productivity, underwriting, and customer experience. Financials showed a 37% YoY increase in total income and a 67% YoY rise in net profit. The balance sheet reflected strong liquidity with cash and equivalents at ₹6,925 Cr and a debt-to-equity ratio of 2.8x. The presentation also outlined strategic goals, including a 2x AUM growth in ~3 years and RoAUM above 3%.