Key Quantitative Figures

Financial Performance (Consolidated, Q1 FY27):

  • Total Assets Under Management (AUM): ₹95,369 Crores
  • Net Profit: ₹461 Crores (up 67% YoY from ₹276 Cr in Q1 FY26)
  • Total Income: ₹1,693 Crores (up 37% YoY from ₹1,237 Cr)
  • Pre-Provision Operating Profit (PPOP): ₹804 Crores (up 89% YoY from ₹425 Cr)
  • Loan Loss Provisions: ₹460 Crores
  • Capital Adequacy Ratio: 18.85%
  • Earnings Per Share (EPS): Not quantified in disclosure but implied by net profit growth.

Retail Lending Business (Q1 FY27):

  • Retail AUM: ₹91,249 Crores (32% YoY growth)
  • Retail Disbursements: Growth of 44% YoY
  • Branch Network: 780 branches across 607 cities in 26 states
  • Customer Franchise: 6 Million customers (up 24% YoY)
  • 90+ Days Past Due (DPD): Stable asset quality across products

Wholesale Lending Business (Q1 FY27):

  • Effective Interest Rate (EIR): 14.2%
  • Repayments as % of Disbursements: 74%
  • Pre-payments received: ₹1,030 Crores
  • Total Repayments: ₹1,932 Crores
  • Since inception (Q2 FY22): Disbursements of ₹28,113 Cr across 419 loans; Total repayments of ₹14,841 Cr
  • Stage 2+3 Assets: <0.2% of portfolio

Asset Quality (Consolidated, as of Jun-26):

  • Gross NPA Ratio: 2.4%
  • Net NPA Ratio: 1.6%
  • Total Provisions: ₹2,167 Crores
  • Provision Coverage Ratio: 31.5% for Stage 3 assets

Dates of Action

  • Analyst/Investor Meeting: Scheduled for 22nd September 2026 at the Anand Rathi Annual Flagship Conference (G-200 Summit 2026) in Mumbai. Note: Date is subject to change.
  • Results Period: Q1 FY27 (Quarter ended June 2026)
  • Presentation Date: The enclosed investor presentation is dated 16th July 2026.
  • Earnings Conference Call: Scheduled for 16th July 2027 (as per dial-in details in appendix).

Parties Involved

  • Investors: Institutional Investors and Analysts
  • Conference Organizer: Anand Rathi
  • Regulators: BSE Limited, National Stock Exchange of India Limited, SEBI
  • Associates: Pramerica Life Insurance (contributed ₹8 Cr to associate income), Shriram Group (investments of ₹1,372 Cr)
  • Company Officials: Bipin Singh (Company Secretary), Ravi Singh (Head – IR, Strategy and Sustainability), Ruchika Jain (VP – IR and Sustainability)

Purpose and Rationale

The disclosure is made to comply with SEBI Listing Regulations and to inform the market about an upcoming interaction with the investment community. The enclosed presentation details the company's Q1 FY27 financial and operational performance, highlighting its growth strategy, profitability, and risk management.

Operational and Strategic Highlights

  • Growth Strategy: Focus on scaling retail lending (32% YoY AUM growth) while maintaining a granular and diversified wholesale book.
  • AI Adoption (Piramal.ai): Use of Gen-AI has grown more than 5x in the last year. 15 specific AI solutions are deployed across functions:
  • Drive Growth: ARYA assistant (318,900 queries), AI-driven sales incentives, voice AI disbursements (₹33 Cr), contest management.
  • Underwrite Better: AI-assisted bank statement analysis (230,468 processed), image intelligence (135,190 processed), document fraud intelligence (501,190 scanned).
  • Collections: ₹1,019 Cr monthly collections through hands-free collections.
  • Credit.ai: Contributed to a ~50% increase in credit manager productivity over two years.
  • Product Mix: Retail portfolio is diversified across Housing loans (36.3% of AUM), Secured MSME/LAP (30.8%), Used car loans (6.3%), Unsecured business loans (6.8%), Salaried PL (9.2%), and Digital loans (5.7%).
  • New Launch: AI-powered investor relations agent named Pia (Piramal Investor Assistant) was launched, accessible at piramalfinance.com/investors.

Capital Structure Impact

  • Share capital change not disclosed in this filing.
  • The balance sheet shows a healthy capital adequacy of 18.85%.

Financial Impact

All key financial impacts are quantified and presented in the summary above. The disclosure provides a complete picture of profitability, asset growth, and provisioning.