Non-Banking Financial Companies (NBFCs) in India are key financial intermediaries, holding a 22 percent share of the country’s credit market. As of 2024, NBFCs’ gross advances reached an all-time high of Rs 40.3 lakh crore, reflecting robust 20 percent year-on-year credit growth and a balance sheet size of Rs 28.2 lakh crore. Their rapid expansion underscores their growing importance in India’s financial ecosystem.
With a market capitalization of Rs 26,402.29 crore, the shares of Piramal Enterprises Ltd were trading at Rs 1,164.75 per share, increasing around 1.61 percent as compared to the previous closing price of Rs 1,146.35 apiece.
Piramal projects strong FY26 growth with a 25 percent YoY rise in total AUM ( Rs 1 lakh crore) and 30 percent growth in core AUM ( Rs 96,000 crore). Retail share is expected to remain stable at 80–85 percent. The legacy book will shrink further to Rs 3,000–3,500 crore, while consolidated PAT is projected to grow significantly to Rs 1,300–1,500 crore.
Looking forward to the company’s financial performance, revenue increased by 15 percent from Rs 2,473 crore in Q4FY24 to Rs 2,854 crore in Q4FY25. Further, during the same time frame, net profit decreased by 26 percent from Rs 137 crore to Rs 102 crore.
Piramal successfully met all FY25 targets, achieving Rs 81,000 crore in AUM (up 17 percent YoY) and improving the retail-to-wholesale mix to 80:20. Legacy AUM stood at Rs 6,920 crore, within the guided range. AIF gains touched Rs 926 crore in FY25, and operating efficiency improved, with exit-quarter opex to AUM at 4.0 percent, from the 4.6 percent target.
Piramal Enterprises Limited (PEL) is engaged in providing finance. PEL’s financial services offer a range of financial products and solutions, with wholesale and retail financing. The wholesale lending business provides financing to real estate developers, as well as corporations.
Written by Abhishek Singh
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
The post ₹26,402 Cr Mcap: NBFC Stock to Watch as Company Targets ₹1 Lakh Cr AUM by FY26 appeared first on Trade Brains.