Piramal Finance quarterly results and financials

Piramal Finance (PIRAMALFIN)₹2,071−4.53%(9 Nov 2026 close)Housing Finance Company

Key facts

In the Sep 2026 quarter (consolidated), Piramal Finance reported revenue of ₹3,652 Cr, up 27.4% from Sep 2025, and net profit of ₹544 Cr, up 66.5% year on year. For the year to Mar 2026, revenue were ₹11,885 Cr and net profit ₹1,503 Cr.

Revenue (Sep 2026): ₹3,652 Cr
Net profit (Sep 2026): ₹544 Cr
Revenue (FY Mar 2026): ₹11,885 Cr
Net profit (FY Mar 2026): ₹1,503 Cr
EPS (Sep 2026): ₹22.69
Borrowings (Mar 2026): ₹79,996 Cr

Company filings, consolidated accounts; latest reported quarter Sep 2026

Piramal Finance quarterly results

₹ crore unless stated; each column is a quarter.

Piramal Finance Quarterly results
	Dec 2023	Mar 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Revenue	1,686	1,715	2,360	2,819	2,850	2,634	2,867	2,911	3,419	3,350	3,652
Interest	928	999	1,307	1,365	1,419	1,493	1,568	1,647	1,675	1,736	1,824
Net interest income	758	716	1,053	1,454	1,432	1,141	1,300	1,264	1,743	1,614	1,828
Expenses	731	2,787	938	1,377	1,539	920	924	985	1,981	1,286	1,293
Financing Profit	964	−1,066	1,433	1,455	1,320	1,726	1,956	1,942	1,450	2,078	2,375
Financing Margin %	57.1%	−61.9%	60.1%	51.1%	46.1%	65.1%	68.1%	66.1%	42.1%	62.1%	65.1%
Other Income	−1,853	249	121	57.90	268	129	10.99	95.88	1,374	160	94.79
Depreciation	37.98	44.93	54.94	53.98	52.94	56.93	144	56.94	644	55.93	57.92
Profit before tax	−1,863	−1,856	190	91.02	116	301	249	328	505	443	580
Tax %	−31.0%	−60.1%	14.0%	56.9%	11.9%	8.0%	−31.1%	−22.1%	1.0%	−4.0%	6.0%
Exceptional items	−1,856	204	0.00	0.00	0.00	0.00	−80.79	0.00	1,318	0.00	0.00
Net Profit	−1,281	−751	163	38.96	102	275	327	400	501	460	544
EPS (Rs)	−0.59	−0.31	0.06	0.01	0.03	0.10	14.37	17.64	22.07	20.19	22.69

Piramal Finance profit and loss

₹ crore unless stated; years end in March. TTM is the last four quarters.

Piramal Finance Profit and loss
	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Revenue	7,820	11,451	10,820	12,859	9,535	8,751	6,026	6,630	6,720	10,361	11,885	13,332
Interest	5,493	6,682	7,749	9,422	5,740	218	3,339	3,472	3,658	5,288	6,384	6,882
Net interest income	2,327	4,769	3,071	3,437	3,795	8,533	2,687	3,157	3,062	5,073	5,501	6,450
Expenses	1,199	1,480	1,416	4,506	21,870	28,667	1,864	5,670	4,928	4,615	4,809	5,544
Financing Profit	6,655	10,020	9,461	8,417	−12,296	−19,925	4,192	987	1,819	5,781	7,123	7,845
Financing Margin %	85.1%	87.1%	87.1%	65.1%	−127.9%	−225.9%	69.1%	15.1%	27.1%	56.1%	60.1%	58.8%
Other Income	3.99	5.99	40.95	−21.95	18.97	31.95	−61.95	−10,188	−1,615	372	1,560	1,725
Depreciation	29.97	42.92	27.96	50.95	78.85	80.93	51.95	96.85	152	214	902	815
Profit before tax	1,121	3,277	1,706	−1,104	−18,049	−20,126	728	−12,790	−3,613	645	1,382	1,856
Tax %	33.9%	15.0%	27.0%	−11.1%	−26.0%	−25.1%	26.0%	−42.1%	−45.1%	24.9%	−9.0%	—
Exceptional items	−0.99	1,319	0.00	−26.92	−1.99	0.00	−31.91	−10,223	−1,644	46.84	1,263	1,318
Net Profit	748	2,802	1,261	−964	−13,445	−15,033	539	−7,387	−1,972	484	1,503	1,906
EPS (Rs)	25.58	89.24	40.14	−30.66	−427.09	−478.15	0.24	−3.45	−0.84	0.18	66.14	82.59
Dividend payout %	31.0%	4.0%	14.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	16.9%	—

Piramal Finance balance sheet

₹ crore, at each year end.

Piramal Finance Balance sheet
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	146	293	314	314	315	314	314	21,412	21,380	23,400	45.09	45.09
Reserves	4,828	5,090	7,405	8,676	7,623	−5,843	−20,883	820	−6,572	−8,443	27,041	28,089
Borrowings	48,861	61,014	81,489	91,920	96,832	90,329	89,782	46,316	41,184	45,641	65,572	79,996
Other Liabilities	1,575	2,818	3,063	5,393	1,862	969	1,159	11,086	6,223	5,280	2,282	2,421
Total Liabilities	55,409	69,215	92,271	1,06,302	1,06,631	85,770	70,372	79,634	62,214	65,878	94,939	1,10,550
Fixed Assets	192	510	212	854	868	923	944	10,864	1,622	1,774	3,282	2,360
CWIP	811	591	636	129	104	105	0.00	12.03	4.01	10.02	43.11	116
Investments	1,747	1,808	13,488	8,104	2,496	3,873	8,432	13,836	12,943	8,288	12,523	9,804
Other Assets	52,659	66,306	77,936	97,215	1,03,164	80,868	60,996	54,921	47,646	55,807	79,092	98,270
Trade receivables	196	219	12.03	43.13	5.01	3.01	0.00	0.00	5.01	2.01	6.01	13.04
Cash & equivalents	686	3,497	3,427	2,953	3,028	7,719	10,315	5,155	2,620	2,948	6,267	5,568
Total Assets	55,409	69,215	92,271	1,06,302	1,06,631	85,770	70,372	79,634	62,214	65,878	94,939	1,10,550

Piramal Finance cash flow

₹ crore, for each year.

Piramal Finance Cash flow
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from operating activity	−12,282	−12,592	−15,615	−18,141	−8,745	12,583	7,136	8,662	6,726	−1,930	−8,132	−15,905
Cash from investing activity	−869	24.08	−10,960	6,110	6,157	646	−4,544	766	72.24	−818	−473	2,639
Cash from financing activity	12,612	15,382	26,221	11,138	1,933	−7,613	0.00	−8,348	−9,461	2,764	11,597	12,366
Net cash flow	−496	2,859	−234	−872	−663	5,590	2,610	1,060	−2,690	28.99	3,035	−869
Capex	42.07	128	124	184	85.13	22.03	3.01	46.06	145	253	274	116
Free cash flow	−12,346	−12,750	−15,736	−18,376	−8,839	12,586	7,160	8,637	6,712	−2,156	−8,176	−15,995
CFO / OP %	−220.1%	−184.0%	−148.1%	−188.1%	−99.0%	−103.0%	−36.0%	217.0%	683.0%	−106.0%	−141.0%	−224.0%

Piramal Finance ratios

Working-capital days and returns, by year.

Piramal Finance Ratios
	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor days	10	9	0	0	0	0	0	0	0	0	0	0
Cash conversion cycle	11	10	0	1	0	0	0	0	0	0	0	0
Working capital days	−585	−661	−346	−421	−62	38	34	−495	−230	−178	71	84
ROCE %	—	11.0%	10.0%	10.0%	8.0%	−13.0%	−26.0%	6.0%	1.0%	3.0%	8.0%	6.0%

Piramal Finance: frequently asked questions

What are the latest quarterly results of Piramal Finance?

For the Sep 2026 quarter, Piramal Finance reported revenue of ₹3,652 Cr, up 27.4% year on year and net profit of ₹544 Cr, up 66.5% year on year.

What is the annual revenue of Piramal Finance?

Piramal Finance's revenue for the year to Mar 2026 were ₹11,885 Cr; over the last twelve months they were ₹13,332 Cr.

What is the net profit of Piramal Finance?

Net profit for the year to Mar 2026 was ₹1,503 Cr, and ₹1,906 Cr over the last twelve months. Earnings per share over the same trailing period were ₹82.59.

What is the free cash flow of Piramal Finance?

Cash from operations was −₹15,905 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹15,995 Cr.

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