Piramal Finance (PIRAMALFIN) Investor presentation summary

Strategic vision and value creation

• Targeting to double AUM to ₹1.5 lakh Cr by March 2028, with ROAUM above 3% and AUM-to-equity of 4.5–5.0x, focusing on growth, profitability, and predictability.

• Emphasis on building an AI-native, future-proof company, with significant digital transformation and operational efficiency.

FY26 performance highlights

• Total AUM surpassed ₹1,01,000 Cr, up 25% YoY, with retail forming 85% of AUM and legacy business reduced to less than 3%.

• Growth AUM increased 33% YoY; consolidated PAT reached ₹1,506 Cr, exceeding targets.

• Asset quality improved: GNPA at 2.3%, NNPA at 1.6%, and retail 90+ DPD at 0.6%.

• Strong liquidity with cash and equivalents of ₹8,640 Cr and average LCR of 450%.

Retail lending business

• Retail AUM grew 33% YoY to ₹85,885 Cr, with 701 branches across 568 cities and 26 states.

• Opex-to-AUM declined by ~290 bps over three years to 3.6%; retail disbursements up 34% YoY in Q4 FY26.

• Asset quality stable across products; new originations show improving risk profile.

• Product mix includes housing, LAP, used car, unsecured business, salaried PL, digital, and rural micro loans.