About
Piramal Finance Limited, a housing finance company, provides financing solutions to corporate and private customers in India. It offers housing loans, such as home, construction, and home renovation and extension loan; business loans, which include working capital loan, loan against property and secured business loan, as well as loans for growing business, consolidate business needs, and professionals; and real estate financing, corporate finance, emerging corporate lending, and capital markets and advisory services. Piramal Finance Limited was formerly known as Piramal Capital & Housing Finance Limited and changed its name to Piramal Finance Limited in March 2022. The company was incorporated in 1984 and is based in Mumbai, India.
Key Metrics
as of Sep 2026Market Cap52,633 Cr
P/E117.00
Div Yield0.49 %
Book Value₹1,242.00
52w High₹2,324.00
52w Low₹1,235.00
Face Value₹2.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,410.00 | 4,743.00 | 2,913.00 | 2,843.00 | 2,658.00 | 2,860.00 | 2,810.00 | 2,354.00 | 1,654.00 | 1,706.00 | 1,679.00 | 1,736.00 | 1,648.00 |
| Expenses | 1,285.00 | 1,941.00 | 963.00 | 902.00 | 901.00 | 1,523.00 | 1,344.00 | 904.00 | 677.00 | 2,758.00 | 711.00 | 740.00 | 716.00 |
| Operating Profit | 2,125.00 | 2,802.00 | 1,950.00 | 1,940.00 | 1,757.00 | 1,338.00 | 1,465.00 | 1,450.00 | 977.00 | -1,052.00 | 968.00 | 995.00 | 932.00 |
| OPM % | 62.00 | 59.00 | 67.00 | 68.00 | 66.00 | 47.00 | 52.00 | 62.00 | 59.00 | -62.00 | 58.00 | 57.00 | 57.00 |
| Other Income | 61.00 | 40.00 | 56.00 | -54.00 | 49.00 | 196.00 | 51.00 | 86.00 | 101.00 | 240.00 | -1,858.00 | 2.00 | 7.00 |
| Depreciation | 55.00 | 644.00 | 56.00 | 143.00 | 55.00 | 54.00 | 52.00 | 55.00 | 45.00 | 46.00 | 39.00 | 36.00 | 35.00 |
| Interest | 1,710.00 | 1,655.00 | 1,626.00 | 1,546.00 | 1,468.00 | 1,394.00 | 1,340.00 | 1,282.00 | 996.00 | 986.00 | 922.00 | 887.00 | 834.00 |
| Profit before tax | 421.00 | 543.00 | 324.00 | 198.00 | 282.00 | 86.00 | 124.00 | 199.00 | 37.00 | -1,844.00 | -1,850.00 | 75.00 | 70.00 |
| Tax % | -4.00 | -11.00 | -22.00 | -41.00 | 7.00 | 26.00 | 44.00 | 14.00 | 0.00 | -60.00 | -31.00 | 31.00 | 30.00 |
| Net Profit | 440.00 | 603.00 | 396.00 | 278.00 | 263.00 | 64.00 | 69.00 | 171.00 | 37.00 | -742.00 | -1,270.00 | 51.00 | 49.00 |
| EPS in Rs | 19.41 | 26.61 | 17.46 | 12.25 | 0.10 | 0.03 | 0.03 | 0.07 | 0.02 | -0.32 | -0.59 | 0.02 | 0.02 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 13,207.00 | 10,412.00 | 6,689.00 | 6,592.00 | 6,039.00 | 5,082.00 | 9,322.00 | 12,884.00 | 10,850.00 | 10,821.00 | 7,295.00 | 5,979.00 |
| Expenses | 4,708.00 | 4,516.00 | 6,469.00 | 5,651.00 | 1,863.00 | 690.00 | 21,785.00 | 4,572.00 | 1,413.00 | 778.00 | 683.00 | 553.00 |
| Operating Profit | 8,499.00 | 5,896.00 | 221.00 | 940.00 | 4,175.00 | 4,391.00 | -12,463.00 | 8,312.00 | 9,437.00 | 10,043.00 | 6,613.00 | 5,426.00 |
| OPM % | 64.00 | 57.00 | 3.30 | 14.00 | 69.00 | 86.00 | -134.00 | 65.00 | 87.00 | 93.00 | 91.00 | 91.00 |
| Other Income | 41.00 | 249.00 | 23.00 | -10,198.00 | -77.00 | 6.00 | 19.00 | -33.00 | 14.00 | 5.00 | 4.00 | 2.00 |
| Interest | 6,295.00 | 5,188.00 | 3,637.00 | 3,453.00 | 3,332.00 | 2,828.00 | 5,725.00 | 9,393.00 | 7,722.00 | 6,654.00 | 5,490.00 | 4,460.00 |
| Depreciation | 898.00 | 211.00 | 155.00 | 95.00 | 52.00 | 29.00 | 79.00 | 51.00 | 28.00 | 23.00 | 24.00 | 26.00 |
| Profit before tax | 1,347.00 | 745.00 | -3,549.00 | -12,806.00 | 714.00 | 1,540.00 | -18,248.00 | -1,165.00 | 1,701.00 | 3,372.00 | 1,102.00 | 943.00 |
| Tax % | -14.00 | 23.00 | -46.00 | -42.00 | 26.00 | 33.00 | -25.00 | -11.00 | 27.00 | 14.00 | 34.00 | 34.00 |
| Net Profit | 1,540.00 | 574.00 | -1,911.00 | -7,425.00 | 526.00 | 1,034.00 | -13,612.00 | -1,036.00 | 1,240.00 | 2,896.00 | 729.00 | 621.00 |
| EPS in Rs | 67.94 | 0.23 | -0.82 | -3.48 | 0.25 | 32.96 | -433.76 | -33.01 | 39.53 | 92.50 | 24.99 | 21.32 |
| Dividend Payout % | 16.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.00 | 4.00 | 32.00 | 14.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 45.00 | 45.00 | 23,365.00 | 21,365.00 | 21,365.00 | 19,284.00 | 314.00 | 314.00 | 314.00 | 313.00 | 292.00 | 146.00 |
| Reserves | 28,390.00 | 27,005.00 | -8,360.00 | -6,465.00 | 895.00 | 2,203.00 | -5,852.00 | 7,788.00 | 8,919.00 | 7,683.00 | 4,725.00 | 4,490.00 |
| Borrowings | 78,724.00 | 64,484.00 | 45,064.00 | 40,611.00 | 46,416.00 | 29,867.00 | 90,412.00 | 96,521.00 | 91,712.00 | 81,264.00 | 61,050.00 | 48,881.00 |
| Other Liabilities | 2,384.00 | 2,292.00 | 5,311.00 | 6,237.00 | 11,027.00 | 1,303.00 | 964.00 | 1,852.00 | 5,367.00 | 3,038.00 | 1,787.00 | 1,098.00 |
| Total Liabilities | 109,542.00 | 93,826.00 | 65,380.00 | 61,748.00 | 79,702.00 | 52,657.00 | 85,838.00 | 106,475.00 | 106,312.00 | 92,298.00 | 67,853.00 | 54,615.00 |
| Fixed Assets | 639.00 | 1,505.00 | 873.00 | 683.00 | 10,820.00 | 10,358.00 | 920.00 | 865.00 | 850.00 | 209.00 | 202.00 | 188.00 |
| CWIP | 116.00 | 43.00 | 10.00 | 0.00 | 12.00 | 8.00 | 105.00 | 104.00 | 129.00 | 634.00 | 579.00 | 796.00 |
| Investments | 10,494.00 | 13,064.00 | 8,647.00 | 13,175.00 | 13,914.00 | 11,352.00 | 3,881.00 | 2,361.00 | 8,086.00 | 13,535.00 | 893.00 | 1,006.00 |
| Other Assets | 98,293.00 | 79,214.00 | 55,849.00 | 47,890.00 | 54,956.00 | 30,940.00 | 80,932.00 | 103,145.00 | 97,247.00 | 77,920.00 | 66,179.00 | 52,624.00 |
| Total Assets | 109,542.00 | 93,826.00 | 65,380.00 | 61,748.00 | 79,702.00 | 52,657.00 | 85,838.00 | 106,475.00 | 106,312.00 | 92,298.00 | 67,853.00 | 54,615.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -15,799.00 | -7,678.00 | -6,342.00 | 6,567.00 | 8,685.00 | 1,420.00 | 12,576.00 | -8,735.00 | -18,136.00 | -15,746.00 | -13,139.00 | -12,457.00 |
| Cash from Investing Activity | 2,623.00 | -570.00 | -68.00 | -24.00 | 764.00 | -2,260.00 | 575.00 | 6,135.00 | 6,091.00 | -10,442.00 | 505.00 | -506.00 |
| Cash from Financing Activity | 12,194.00 | 11,260.00 | 6,428.00 | -9,246.00 | -8,390.00 | 534.00 | -7,563.00 | 1,937.00 | 11,173.00 | 26,042.00 | 15,416.00 | 12,468.00 |
| Net Cash Flow | -982.00 | 3,011.00 | 18.00 | -2,703.00 | 1,060.00 | -306.00 | 5,589.00 | -663.00 | -872.00 | -146.00 | 2,781.00 | -495.00 |
| Free Cash Flow | -15,842.00 | -7,597.00 | -6,569.00 | 6,537.00 | 8,639.00 | 1,402.00 | 12,556.00 | -8,820.00 | -18,319.00 | -15,838.00 | -12,961.00 | -12,483.00 |
| CFO/OP % | -186.00 | -130.00 | -2,873.00 | 655.00 | 218.00 | 40.00 | -101.00 | -100.00 | -188.00 | -148.00 | -193.00 | -225.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 10.00 | 12.00 |
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | 10.00 | 12.00 |
| Working Capital Days | 77.00 | 68.00 | -182.00 | -52.00 | -495.00 | 115.00 | 39.00 | -62.00 | -421.00 | -366.00 | -659.00 | -601.00 |
| ROCE % | 8.00 | 8.00 | 0.00 | 1.00 | 7.00 | 6.00 | -13.00 | 8.00 | 10.00 | 10.00 | 11.00 | 11.00 |
Corporate Actions
1 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Jun 2026 | 12 Jun 2026 | — | 11.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update26 Aug from crisil
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Rating update19 Aug from crisil
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Rating update28 Jul from crisil
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Rating update29 Jun from crisil
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Rating update17 Jun from crisil
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Rating update3 Jun from crisil