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Piramal Finance (PIRAMALFIN) investor relations material
Piramal Finance Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved 23% YoY growth in total AUM, with growth AUM up 34% YoY and now 95% of total AUM.
Net Interest Margin (NIM) increased by 51bps YoY to 6.3%.
Unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were approved and published following a Board meeting on January 23, 2026.
Results reflect the impact of a Composite Scheme of Arrangement (reverse acquisition) with Piramal Enterprises Limited, effective September 16, 2025, with restated comparatives.
Announced monetization of Shriram Life Insurance stake for ₹600 Cr and received AA+ long-term debt rating.
Financial highlights
Q3 FY26 consolidated PAT rose 940% YoY to ₹401 Cr.
Consolidated revenue from operations for Q3 FY26: ₹2,917.68 crore; nine months: ₹8,428.48 crore.
9M FY26 growth business PBT at ₹1,066 Cr, up 101% YoY.
Total AUM reached ₹96,690 Cr, up 23% YoY and 6% QoQ.
Net worth at ₹27,872 Cr; debt-to-equity at 2.7x.
Outlook and guidance
On track to achieve FY26 targets: 25% YoY AUM growth, 30% growth AUM YoY, retail share in AUM at 80-85%.
Legacy AUM expected to fall below ₹3,500 Cr by March 2026.
FY26 PAT guidance of ₹1,300-1,500 Cr.
The sale of a 14.72% equity stake in Shriram Life Insurance Company Ltd for ₹600 crore is expected to close in Q4 FY26, pending regulatory approvals.
The company will continue to monitor the impact of new Labour Codes and assess further effects on employee benefit liabilities.
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Profits and equity improved, with upward revisions to full-year forecasts and new subsidiaries added. - NVDA
AI is transforming enterprises by enabling intent-driven innovation and technology-first strategies. - DNLM
H1 sales up 3.6% to £926m; digital mix 41%; PBT to hit lower end of consensus. - CRW
Double-digit growth, strong cash flow, and new leadership drive confidence for FY25. - 7011
Strong revenue and profit growth in FY2025, with raised guidance and key divestiture impact. - 8053
Profit attributable to owners dipped 1.9% despite higher revenues and strong FX gains. - 323410
Strong growth in customers, profits, and deposits, with stable asset quality and global milestones. - 3407
Net income rose 22.7% year-over-year, with improved financials and a revised upward forecast. - RYM
Refreshed strategy targets NZD 150m cash flow uplift, NZD 500m cash release, and resumed dividends by FY 2028. - 9101
Profits fell across most segments, but energy shipping and a major acquisition stood out.
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