The consolidated AUM grew by 17 per cent to Rs 80,689 crore, exceeding the acknowledged goal of 15 per cent development throughout FY25, Piramal stated whereas addressing shareholders on the Annual Normal Assembly (AGM).
“With sturdy efficiency throughout our retail and wholesale companies in FY2025, we are actually properly positioned to construct upon the platform and leverage the investments which were made. As our three-year transformation journey nears completion, we glance forward with optimism,” he stated.
In FY2026, he stated, “we anticipate to additional construct on the momentum, rising our whole AUM by about 25 per cent to exceed Rs 1 lakh crore, with development AUM projected to rise about 30 per cent. Retail lending is predicted to contribute 80-85 per cent of whole AUM.”
In the course of the 2024-25, Piramal Capital & Housing Finance Ltd was renamed Piramal Finance Ltd. and transformed from an NBFC-Housing Finance Firm (HFC) to an NBFC-Funding and Credit score Firm (ICC).
Piramal Finance is assessed as an upper-layer NBFC and ranks among the many prime 10 private-sector NBFCs in India. “We have now acquired RBI approval for the merger of Piramal Enterprises and Piramal Finance. The NCLT course of is underway and anticipated to conclude by round September 2025,” he stated. Throughout FY25, the NBFC had undertaken international borrowings programme, with a complete increase of USD 815 million. Of this, USD 550 million was secured by means of social loans and sustainability-linked bonds. Exterior Industrial Borrowings (ECBs) now represent 10 per cent of whole borrowings, he stated.
He additional stated, “Our development enterprise income, coupled with monetisation of embedded worth, are anticipated to drive sturdy earnings in FY2026. We presently estimate consolidated PAT of over Rs 1,300 crore in FY2026, up from Rs 485 crore in FY2025.” PTI DP HVA