Piramal Finance Limited Q3 FY26 earnings call summary

Earnings call of 23 Jan 2026, summarised by AI from the filing.

Piramal Finance Q3 FY26 consolidated PAT ₹401 cr; reiterates 25% AUM growth and expects to end FY26 over ₹1 lakh cr.

Key takeaways

1. AA+ rating CRISIL upgrade to AA+ expected to lower cost of borrowing by 50 to 80 basis points once borrowing stack is churned.
2. Branch expansion Plan to open approximately 100 branches in Q4: 25 full-service, 20 gold loan, 55 microfinance.
3. Asset quality 90+ DPD in retail at 0.8% remains stable; LAP low-end under ₹10 lakh remains stressed.

Original filing on BSE

Piramal Finance Limited Q1 FY27 results

As filed: Revenue ₹3,410 cr, EBITDA ₹2,125 cr, PAT ₹440 cr, EBITDA margin 62.3%.

Not scored. No result for the same quarter last year.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹4,743 cr, EBITDA ₹2,802 cr, PAT ₹603 cr, EBITDA margin 59.1%. Not scored. No result for the same quarter last year. Share price after the results: +7.7% in 30 days (Nifty 500: +0.6%).
• Q3 FY26: Revenue ₹2,913 cr, EBITDA ₹1,950 cr, PAT ₹396 cr, EBITDA margin 66.9%. Not scored. No result for the same quarter last year. Share price after the results: −2.5% in 28 days (Nifty 500: +3.0%).

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

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

• Q1 FY27: Earnings call (16 Jul 2026), Results deck (16 Jul 2026), Results deck (16 Jul 2026), Results deck (28 Jul 2026), Results deck (3 Aug 2026), Results deck (10 Aug 2026), Results deck (25 Aug 2026), Results deck (15 Sep 2026), Results deck (16 Sep 2026), Results deck (18 Sep 2026), Results deck (21 Sep 2026), Results deck (23 Sep 2026)
• Q4 FY26: Results deck (27 Apr 2026), Results deck (27 Apr 2026), Results deck (28 May 2026), Results deck (16 Jun 2026)
• Q3 FY26: Earnings call (23 Jan 2026), Results deck (23 Jan 2026), Results deck (23 Jan 2026), Results deck (3 Feb 2026), Results deck (16 Feb 2026), Results deck (20 Mar 2026), Results deck (23 Mar 2026)
• Q2 FY26: Results deck (7 Nov 2025), Results deck (11 Nov 2025), Results deck (25 Nov 2025), Results deck (15 Dec 2025)
• Other events: Strategy deck (21 May 2026), Strategy deck (14 May 2026), Strategy deck (17 Mar 2026), Strategy deck (17 Mar 2026), Strategy deck (11 Mar 2026), Strategy deck (12 Dec 2025)