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 ₹ 25,913 Cr.
- Current Price ₹ 1,143
- High / Low ₹ 1,275 / 737
- Stock P/E 53.4
- Book Value ₹ 1,202
- Dividend Yield 0.90 %
- ROCE 6.86 %
- ROE 1.81 %
- Face Value ₹ 2.00
Pros
- Stock is trading at 0.92 times its book value
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.71% over past five years.
- Company has a low return on equity of 3.19% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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4,503 | 5,123 | 6,342 | 8,504 | 10,631 | 11,883 | 13,068 | 12,809 | 7,726 | 8,981 | 10,110 | 10,270 | |
Interest | 1,050 | 511 | 959 | 2,031 | 2,978 | 4,100 | 5,321 | 4,209 | 4,225 | 3,994 | 4,344 | 5,282 |
3,855 | 4,233 | 4,751 | 4,997 | 5,471 | 5,264 | 6,801 | 5,338 | 1,984 | 7,434 | 6,351 | 4,608 | |
Financing Profit | -402 | 379 | 631 | 1,475 | 2,182 | 2,519 | 947 | 3,263 | 1,516 | -2,447 | -584 | 380 |
Financing Margin % | -9% | 7% | 10% | 17% | 21% | 21% | 7% | 25% | 20% | -27% | -6% | 4% |
214 | 2,946 | 579 | 217 | 260 | 198 | 1,555 | 754 | 963 | 8,470 | -1,865 | 479 | |
Depreciation | 247 | 290 | 255 | 382 | 477 | 401 | 520 | 561 | 74 | 123 | 829 | 214 |
Profit before tax | -435 | 3,035 | 954 | 1,310 | 1,964 | 2,316 | 1,982 | 3,456 | 2,405 | 5,900 | -3,278 | 645 |
Tax % | 14% | 11% | 5% | 17% | -146% | 37% | 99% | 59% | 17% | -69% | -49% | 25% |
-501 | 2,850 | 905 | 1,252 | 5,120 | 1,464 | 21 | 1,413 | 1,999 | 9,969 | -1,684 | 485 | |
EPS in Rs | -24.58 | 139.70 | 44.35 | 61.39 | 250.81 | 70.26 | 1.07 | 59.08 | 80.57 | 417.62 | -74.94 | 21.53 |
Dividend Payout % | -181% | 12% | 33% | 29% | 9% | 35% | 1,314% | 56% | 41% | 7% | -13% | 51% |
Compounded Sales Growth | |
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10 Years: | 7% |
5 Years: | -5% |
3 Years: | 10% |
TTM: | 2% |
Compounded Profit Growth | |
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10 Years: | 0% |
5 Years: | 117% |
3 Years: | -35% |
TTM: | 35% |
Stock Price CAGR | |
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10 Years: | 7% |
5 Years: | 15% |
3 Years: | 1% |
1 Year: | 35% |
Return on Equity | |
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10 Years: | 6% |
5 Years: | 4% |
3 Years: | 3% |
Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 9,287 | 11,701 | 12,914 | 14,848 | 26,526 | 27,187 | 30,526 | 33,973 | 35,441 | 31,011 | 26,512 | 27,051 |
Borrowing | 9,552 | 7,306 | 16,279 | 30,451 | 44,161 | 56,037 | 42,238 | 39,557 | 55,539 | 49,583 | 53,611 | 65,577 |
2,622 | 1,891 | 1,722 | 2,875 | 2,048 | 2,333 | 2,091 | 3,321 | 8,652 | 3,110 | 2,437 | 2,271 | |
Total Liabilities | 21,495 | 20,933 | 30,949 | 48,209 | 72,771 | 85,594 | 74,900 | 76,896 | 99,681 | 83,752 | 82,605 | 94,943 |
6,191 | 7,065 | 7,525 | 9,973 | 10,726 | 11,197 | 6,415 | 7,860 | 9,133 | 3,263 | 3,389 | 3,311 | |
CWIP | 491 | 277 | 355 | 880 | 647 | 494 | 517 | 636 | 1,188 | 6 | 20 | 0 |
Investments | 9,446 | 7,768 | 16,317 | 25,181 | 28,842 | 25,747 | 19,443 | 22,029 | 24,857 | 22,332 | 12,513 | 12,539 |
5,367 | 5,823 | 6,752 | 12,176 | 32,556 | 48,156 | 48,525 | 46,371 | 64,503 | 58,151 | 66,683 | 79,094 | |
Total Assets | 21,495 | 20,933 | 30,949 | 48,209 | 72,771 | 85,594 | 74,900 | 76,896 | 99,681 | 83,752 | 82,605 | 94,943 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-1,604 | -2,207 | -6,956 | -10,057 | -15,967 | -11,611 | 7,516 | 3,665 | 8,443 | 1,378 | 26 | -8,091 | |
1,535 | 6,193 | -594 | -2,376 | -1,747 | -820 | 7,491 | -2,766 | -967 | -646 | -1,872 | -1,854 | |
126 | -3,865 | 7,544 | 13,570 | 18,650 | 10,752 | -13,019 | 2,072 | -6,774 | -3,287 | 1,390 | 11,664 | |
Net Cash Flow | 57 | 122 | -7 | 1,138 | 936 | -1,679 | 1,988 | 2,970 | 702 | -2,555 | -455 | 1,718 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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ROE % | -5% | 4% | 7% | 9% | 25% | 7% | 0% | 4% | 5% | 6% | 1% | 2% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Investor Presentation
2m - 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
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 May - Scheduled analyst meeting at DAM Capital NBFC Conference on 20th May 2025 in Mumbai.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
13 May - Piramal Enterprises reports FY25 profit Rs.485 Cr, 17% AUM growth, legacy AUM down to Rs.6920 Cr, FY26 profit guidance Rs.1300-1500 Cr.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2021
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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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Concalls
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May 2025TranscriptNotesPPT
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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]