Piramal Enterprises Limited — PPTs, 26-08-2025: Investor Presentation

Here's a concise summary of the investor presentation:

Piramal Enterprises is rapidly transforming into a retail-focused lender. Q1 FY26 saw consolidated AUM jump 22% YoY to ₹85,756 Cr, with net profit surging 52% YoY to ₹276 Cr. Retail lending now makes up 80% of AUM, growing 37% YoY to ₹69,005 Cr. Wholesale 2.0 also saw strong 47% YoY AUM growth to ₹10,425 Cr.

The company leverages a 'High Tech + High Touch' approach, using AI for efficiency and risk management, especially in underserved Tier 2/3 markets. New channels like Direct Assignment and co-lending are scaling up rapidly, building a diversified, granular book.

The PEL-PFL merger is on track, expected to complete by September 2025, simplifying the corporate structure. Legacy AUM continues to shrink, down 51% YoY to ₹6,327 Cr.

Q1 FY26 highlights: Consol AUM ₹85,756 Cr, Consol PAT ₹276 Cr. Debt to Equity is 2.5x, with a healthy Capital Adequacy of 19.3%.

Management anticipates meeting FY26 targets, including 25% total AUM growth, 80-85% retail share, and a projected consolidated PAT of ₹1,300-1,500 Cr.