Piramal Finance Ltd Share Price – NSE  / BSE

Finance, Small Cap

Piramal Finance announced that CRISIL assigned 'CRISIL AA+;Stable' (new rating) to the company's Non Convertible Debentures and Bank Debt and assigned the rating 'CRISIL A1+' reaffirmed for Commercial Paper.

Piramal Finance has total outstanding borrowings of approximately Rs 75,000 crore and raised nearly Rs 21,000 crore in long-term funding in FY25. Classified by the Reserve Bank of India (RBI) as an Upper Layer NBFC, the company is among the fastest-growing large NBFCs, the company's AUM (excluding legacy business) growing at a 40% CAGR over the last four years to about Rs 86,000 crore. The total AUM at Rs 91,000 crore. The AA+/Stable rating significantly expands Piramal Finance's addressable long-term funding market and is expected to support its plans to scale AUM to over Rs 1.5 lakh crore by FY28, while continued improvement in profitability.

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The stock later gained ground to trade at Rs 1,305, marking a strong start for the newly listed financial services entity.

PEL shares last traded at Rs 1,124.60 on 22 September 2025, before being suspended ahead of the merger record date. Shareholders of PEL received equity shares of Piramal Finance in a 1:1 ratio.

The merger combines the operations of PEL and its erstwhile subsidiary, Piramal Capital & Housing Finance, under a single platform. All PEL debt securities have been transferred to Piramal Finance.

The integration aims to streamline operations and create a stronger, more diversified non-banking financial company (NBFC) under the Piramal brand.

In a media interview, managing director and CEO Jairam Sridharan described the merger as the beginning of Piramal 2.0, positioning the firm as a fast-growing, technology-led retail lender focused on semi-urban India. He said the company is targeting a Return on Assets (RoA) of 3% in the coming years, supported by efficiency gains and AI adoption.

For Q1 FY26, Piramal Enterprises reported a 22% year-on-year rise in consolidated total AUM to Rs 85,756 crore, with net profit up 52% to Rs 276 crore. The company operates 517 branches across 26 states and maintained retail 90+ DPD (Days Past Due) at 0.8%, reflecting strong asset quality.

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The equity shares of Piramal Finance (Scrip Code: 544597) are listed effective 07 November 2025 and admitted to dealings on the Exchange in the list of ''T'' Group Securities. The stock listed at Rs 1270 compared to its offer price of Rs 1124.60.

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Net profit of Piramal Finance rose 100.55% to Rs 326.83 crore in the quarter ended September 2025 as against Rs 162.97 crore during the previous quarter ended September 2024. Sales rose 22.35% to Rs 2752.90 crore in the quarter ended September 2025 as against Rs 2249.98 crore during the previous quarter ended September 2024.

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