Piramal Finance Ltd Share Price – NSE /  BSE

Finance, Small Cap

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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Net profit of Piramal Finance rose 152.91% to Rs 92.44 crore in the quarter ended June 2025 as against Rs 36.55 crore during the previous quarter ended June 2024. Sales rose 29.79% to Rs 2134.10 crore in the quarter ended June 2025 as against Rs 1644.26 crore during the previous quarter ended June 2024.

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