Piramal Enterprises Ltd
Piramal Enterprises Limited (PEL) is one of India’s leading diversified non-banking financial companies (NBFC) with assets worth ~$10 billion, with a network of over 400 branches across 26 states/Union Territories, offering a wide range of financial products and solutions across retail and wholesale lending, fund-based platforms and investments.[1]
- Market Cap ₹ 24,952 Cr.
- Current Price ₹ 1,101
- High / Low ₹ 1,275 / 737
- Stock P/E 49.5
- Book Value ₹ 974
- Dividend Yield 0.91 %
- ROCE 4.90 %
- ROE 2.31 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 1.13 times its book value
- Company has been maintaining a healthy dividend payout of 33.9%
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.22% over past five years.
- Company has a low return on equity of 5.55% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Part of BSE 500 Nifty 500 BSE MidCap Nifty Smallcap 100 Nifty High Beta 50
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,991 | 2,401 | 3,384 | 3,766 | 3,289 | 3,671 | 2,013 | 1,825 | 2,719 | 4,794 | 3,790 | 2,138 | |
Interest | 813 | 307 | 787 | 1,178 | 990 | 1,497 | 1,710 | 1,069 | 1,243 | 712 | 745 | 794 |
1,716 | 1,953 | 2,074 | 1,930 | 2,072 | 1,998 | 650 | 630 | 377 | 1,704 | 1,506 | 772 | |
Financing Profit | -538 | 141 | 523 | 657 | 228 | 176 | -347 | 126 | 1,098 | 2,379 | 1,540 | 573 |
Financing Margin % | -27% | 6% | 15% | 17% | 7% | 5% | -17% | 7% | 40% | 50% | 41% | 27% |
244 | 594 | 540 | 357 | 637 | -842 | 925 | -3 | 135 | 11,865 | -330 | 120 | |
Depreciation | 76 | 89 | 80 | 94 | 112 | 131 | 42 | 33 | 22 | 23 | 673 | 18 |
Profit before tax | -370 | 646 | 984 | 920 | 753 | -798 | 535 | 91 | 1,211 | 14,221 | 537 | 675 |
Tax % | 0% | 42% | -1% | 16% | 31% | 9% | 73% | 56% | 18% | -1% | 12% | 25% |
-370 | 373 | 996 | 777 | 518 | -868 | 145 | 40 | 998 | 14,333 | 474 | 504 | |
EPS in Rs | -18.14 | 18.27 | 48.81 | 38.08 | 25.39 | -41.57 | 6.42 | 1.77 | 41.80 | 600.47 | 21.10 | 22.34 |
Dividend Payout % | -245% | 93% | 30% | 47% | 87% | -60% | 218% | 1,865% | 79% | 5% | 47% | 49% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | 1% |
3 Years: | -8% |
TTM: | -44% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 31% |
3 Years: | -19% |
TTM: | -37% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 15% |
3 Years: | 2% |
1 Year: | 34% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 4% |
3 Years: | 6% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 35 | 35 | 35 | 35 | 36 | 37 | 45 | 45 | 48 | 48 | 45 | 45 |
Reserves | 9,093 | 11,412 | 12,766 | 14,388 | 21,301 | 19,455 | 22,583 | 23,139 | 24,038 | 23,987 | 21,547 | 21,923 |
Borrowing | 5,893 | 3,862 | 13,560 | 10,255 | 14,600 | 17,488 | 10,618 | 6,693 | 8,379 | 8,715 | 7,871 | 8,451 |
1,908 | 1,124 | 757 | 797 | 795 | 1,009 | 1,230 | 821 | 866 | 354 | 343 | 301 | |
Total Liabilities | 16,929 | 16,433 | 27,117 | 25,475 | 36,732 | 37,988 | 34,476 | 30,698 | 33,331 | 33,104 | 29,806 | 30,720 |
780 | 756 | 954 | 1,075 | 1,807 | 1,824 | 1,789 | 1,389 | 1,434 | 1,365 | 737 | 778 | |
CWIP | 162 | 61 | 103 | 602 | 112 | 98 | 119 | 1 | 3 | 3 | 10 | 0 |
Investments | 11,586 | 10,223 | 18,054 | 17,274 | 23,731 | 23,014 | 19,439 | 19,825 | 18,393 | 17,436 | 14,350 | 16,480 |
4,400 | 5,392 | 8,006 | 6,524 | 11,083 | 13,053 | 13,128 | 9,483 | 13,501 | 14,300 | 14,710 | 13,462 | |
Total Assets | 16,929 | 16,433 | 27,117 | 25,475 | 36,732 | 37,988 | 34,476 | 30,698 | 33,331 | 33,104 | 29,806 | 30,720 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1,749 | -3,369 | -7,131 | -6,348 | -4,910 | 6,747 | 1,134 | 2,257 | 3,106 | 1,874 | 3,091 | 454 | |
1,668 | 6,771 | -1,440 | -2,424 | -4,403 | -9,329 | 1,887 | 2,679 | -27 | -988 | 167 | -967 | |
87 | -3,398 | 8,556 | 8,887 | 9,690 | 2,069 | -4,544 | -2,466 | -3,011 | -618 | -3,735 | 457 | |
Net Cash Flow | 6 | 4 | -15 | 115 | 376 | -513 | -1,523 | 2,470 | 68 | 268 | -476 | -56 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROE % | -3% | 2% | 8% | 6% | 3% | 2% | 1% | 1% | 4% | 10% | 4% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Meeting Updates
1d - Board to consider Rs. 600 Cr NCD issuance with green shoe option on May 27, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
2d - Schedule of meet to be held on 28th May, 2025 - B&K Securities 15th Annual Investor Conference
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Announcement under Regulation 30 (LODR)-Investor Presentation
2d - With respect to the investor presentation to be made for the investors at the ''MACM India Conference 2025'' on 23rd May, 2025
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Announcement under Regulation 30 (LODR)-Investor Presentation
16 May - With respect to the investor presentation to be made for the investors at the ''DAM Capital''s NBFC Conference'' on 20th May, 2025
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
16 May - Of Schedule of Analyst/ Institutional Investor Meeting under the SEBI (LODR) Regulations, 2015
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Promoters
Piramal Enterprise is the holding company of the Piramal Group headed by the Chairman, Ajay Piramal. The promoter group has a presence in diversified businesses like financial services through Piramal Enterprise, pharma (CDMO, Critical Care, OTC) through Piramal Pharma Ltd (PPL), and real estate development and consulting (through a separate company). [1]