Piramal Enterprises Limited strategy deck summary

Strategy deck of 13 Aug 2025, summarised by AI from the filing.

Piramal Enterprises Q1 FY26 consol. PAT up 52% YoY to ₹276 cr; on track for FY26 targets with PEL-PFL merger expected by September 2025.

Key takeaways

1. Consol. PAT ₹276 cr in Q1 FY26, up 52% YoY, driven by growth business PBT of ₹295 cr
2. FY26 targets Total AUM growth 25%, Growth AUM growth 30%, Consol. PAT ₹1,300-1,500 cr
3. Merger PEL-PFL merger completion expected by September 2025, reversing ~245bps capital reduction
4. Legacy drag Legacy AUM down 51% YoY to ₹6,327 cr, target ₹30-35bn by March 2026

Original filing on BSE

Piramal Enterprises Limited Q1 FY26 results

As filed: Revenue ₹2,643 cr (+24% year on year), EBITDA ₹1,721 cr (+27% year on year), PAT ₹276 cr (+52% year on year), EBITDA margin 65.1% (+106 bps).

The Q1 FY26 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY25: Revenue ₹2,854 cr (+15% year on year), EBITDA ₹1,317 cr, PAT ₹102 cr (−26% year on year), EBITDA margin 46.2% (+1,000 bps). Score 69 of 100, Above trend. Revenue growth was above the company's own trend. EBITDA margin rose 1000 bps year on year. Other income 688% of PBT. Tax rate 50%. Revenue grew on the previous quarter, against its usual seasonal pattern. Share price after the results: +16.8% in 30 days (Nifty 500: +4.5%).
• Q3 FY25: Revenue ₹2,449 cr (−1% year on year), EBITDA ₹1,074 cr (−11% year on year), PAT ₹39.0 cr (−300% year on year), EBITDA margin 43.9% (−481 bps). Score 20 of 100, Below trend. Revenue and EBITDA growth were in line with the company's own trend. EBITDA margin fell 481 bps year on year. Other income 63% of PBT. Tax rate 60%. Profit fell 467% from last quarter.
• Q2 FY25: Revenue ₹2,288 cr (+4% year on year), EBITDA ₹1,352 cr (+21% year on year), PAT ₹163 cr (+52% year on year), EBITDA margin 59.1% (+816 bps). Score 59 of 100, In line with trend. EBITDA margin rose 816 bps year on year. Other income 56% of PBT. Not enough history for a trend yet: scored on growth alone. Profit fell 42% from last quarter.
• Q1 FY25: Revenue ₹2,123 cr (−27% year on year), EBITDA ₹1,360 cr (−21% year on year), PAT ₹181 cr (−79% year on year), EBITDA margin 64.1% (+501 bps). Score 18 of 100, Below trend. EBITDA margin rose 501 bps year on year. Not enough history for a trend yet: scored on growth alone. Revenue fell 14% from last quarter.
• Q4 FY24: Revenue ₹2,473 cr (+16% year on year), EBITDA −₹367 cr (−145% year on year), PAT ₹137 cr, EBITDA margin -14.8% (−1,000 bps). Score 15 of 100, Below trend. EBITDA margin fell 1000 bps year on year. Not enough history for a trend yet: scored on growth alone. Profit fell 1760% from last quarter.
• Q3 FY24: Revenue ₹2,476 cr (−23% year on year), EBITDA ₹1,205 cr (+21% year on year), PAT −₹2,378 cr (+124% year on year), EBITDA margin 48.7% (+1,000 bps). Score 56 of 100, In line with trend. EBITDA margin rose 1000 bps year on year. Not enough history for a trend yet: scored on growth alone.
• Q2 FY24: Revenue ₹2,193 cr, EBITDA ₹1,117 cr, PAT ₹48.0 cr, EBITDA margin 50.9%. Not scored. No consolidated results for the same quarter last year to compare yet (consolidated revenue ₹2,193 cr). Scored once a year-earlier consolidated quarter exists.

Past price moves after results do not indicate future moves. Not a recommendation.

Piramal Enterprises Limited earnings call, investor presentation and press release summaries

• Q1 FY26: Earnings call (29 Jul 2025), Results deck (29 Jul 2025)
• Q4 FY25: Earnings call (6 May 2025), Results deck (6 May 2025), Results deck (6 May 2025), Results deck (6 May 2025), Results deck (6 May 2025), Results deck (6 May 2025), Results deck (2 Jun 2025), Results deck (12 Jun 2025)
• Other events: Strategy deck (15 Sep 2025), Strategy deck (15 Sep 2025), Strategy deck (9 Sep 2025), Strategy deck (26 Aug 2025), Strategy deck (22 Aug 2025), Strategy deck (13 Aug 2025), Strategy deck (31 Jul 2025), Strategy deck (5 Jun 2025)