Piramal Finance Q4 FY26 Results: PAT Jumps 390%, AUM Crosses ₹1 Lakh Crore

Piramal Finance had a very strong March quarter, with its “growth business” gaining significantly. The company’s Assets Under Management (AUM) crossed the ₹1 lakh crore mark, coming in at ₹1,01,230 crore, up 25% year-on-year (YoY). The growth-AUM rose 33% YoY to ₹98,423 crore, and now forms 97% of the total book, showing that the legacy portfolio is almost phased out.

Investors will be keenly watching Piramal Finance’s share price when the market reopens. At the close of trade on 27 April 2026, the company’s stock had fallen 1% to ₹1,843.10 on the National Stock Exchange.

Q4 Numbers In Focus

Profitability saw a sharp jump this quarter. Profit After Tax (PAT) surged 390% YoY to ₹502 crore and the Net Interest Margin (NIM) expanded to 6.5%, up 14 basis points YoY and 23 basis points sequentially.

Operational efficiency also improved. The return on average AUM (RoAUM) increased to 2.1% in Q4 FY26. Operating expenses related to AUM dropped to 3.4% from 4.0%. Asset quality remained stable. The company reported a gross NPA (GNPA) of 2.3% and a net NPA (NNPA) of 1.6%.

Also Read - Gold Slips On MCX As Dollar Firms And US-Iran Talks Stall Ahead Of Fed Decision

FY26 Performance

For the full financial year 2025-26, Piramal Finance’s PAT rose 210% YoY to ₹1,506 crore, largely driven by the growth business, which generated a Profit Before Tax (PBT) of ₹1,560 crore.

The company added ₹10,110 crore of assessed tax losses, taking cumulative tax losses to around ₹24,600 crore, which could support future profitability. Due to such a performance, the company has received multiple rating upgrades from agencies like CRISIL, ICRA, CARE, S&P, and Moody’s.

The board has also announced a dividend of ₹11 per share for FY26.

Source:

Company Press Release