Piramal Finance Limited — PPTs, 28-07-2026: Investor Presentation

**Piramal Finance: Strong Q1 FY27 Performance with Robust Growth**

**Business Performance:**

Piramal Finance reported a stellar Q1 FY27 with Profit After Tax (PAT) surging 67% YoY to ₹461 Cr. Total Assets Under Management (AUM) grew an impressive 25% YoY to ₹1,06,940 Cr, driven by a robust 32% YoY increase in Retail AUM to ₹91,249 Cr. The company is strategically shifting its AUM mix, with Retail now accounting for 85% and Wholesale at 15%, a notable change from 80:20 a year prior.

**Growth Drivers & Strategy:**

The company continues to focus on scaling its retail lending business, which is showing one of the fastest growth rates in the industry. This is supported by prudent cost management, with the company cost-to-income ratio improving to 52.5% from 65.6% in Q1 FY26. Digital initiatives and AI integration are key pillars for future growth, with AI now writing 57% of the company's code and significantly improving operational efficiency.

**Key Financial Metrics:**

- PAT: ₹461 Cr (up 67% YoY)

- Total AUM: ₹1,06,940 Cr (up 25% YoY)

- Retail AUM: ₹91,249 Cr (up 32% YoY)

- Growth business RoAUM: 1.9% (vs 1.5% in Q1 FY26)

- GNPA: 2.4% (down from 2.8% in Q1 FY26)

**Management Commentary / Outlook:**

Piramal Finance aims to double its AUM in approximately three years, targeting a Return on Average Assets Under Management (RoAUM) exceeding 3%. The company highlights strong demand visibility and is committed to steady earnings with stable risk profiles. The ongoing expansion of its branch network across various formats and a focus on increasing product penetration within existing branches are expected to fuel further growth.