Piramal Finance Ltd
Dewan Housing Finance Corporation's main business is of providing loans to Retail customers for construction or purchase of residential property, loans against property,
- Market Cap ₹ 29,989 Cr.
- Current Price ₹ 1,323
- High / Low ₹ 1,333 / 1,235
- Stock P/E 48.3
- Book Value ₹ 6.67
- Dividend Yield 0.00 %
- ROCE 8.84 %
- ROE 3.08 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 198 times its book value
- Company has low interest coverage ratio.
* 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
Financial Services Financial Services Finance Housing Finance Company
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,094 | 3,212 | 6,420 | 7,835 | 11,465 | 10,849 | 12,882 | 9,558 | 8,771 | 6,121 | 6,703 | 10,270 | 10,150 | |
| 271 | 374 | 968 | 1,196 | 1,477 | 1,413 | 4,496 | 21,824 | 28,621 | 1,941 | 4,887 | 4,608 | 4,249 | |
| Operating Profit | 1,823 | 2,838 | 5,451 | 6,639 | 9,989 | 9,436 | 8,386 | -12,266 | -19,850 | 4,180 | 1,816 | 5,662 | 5,902 |
| OPM % | 87% | 88% | 85% | 85% | 87% | 87% | 65% | -128% | -226% | 68% | 27% | 55% | 58% |
| 44 | 4 | 2 | 4 | 6 | 41 | -22 | 19 | 32 | -62 | -1,592 | 479 | 302 | |
| Interest | 1,390 | 2,350 | 4,460 | 5,492 | 6,674 | 7,744 | 9,417 | 5,736 | 218 | 3,337 | 3,687 | 5,282 | 5,430 |
| Depreciation | 7 | 7 | 27 | 30 | 43 | 28 | 51 | 79 | 81 | 52 | 152 | 214 | 297 |
| Profit before tax | 470 | 486 | 966 | 1,121 | 3,276 | 1,706 | -1,104 | -18,063 | -20,117 | 728 | -3,616 | 645 | 477 |
| Tax % | 24% | 27% | 34% | 34% | 15% | 27% | -11% | -26% | -25% | 26% | -45% | 25% | |
| 357 | 357 | 642 | 749 | 2,806 | 1,263 | -966 | -13,456 | -15,051 | 540 | -1,975 | 485 | 540 | |
| EPS in Rs | 15.75 | 13.85 | 22.05 | 25.68 | 89.62 | 40.28 | -30.78 | -428.77 | -479.61 | 0.25 | -0.85 | 0.19 | 14.50 |
| Dividend Payout % | 11% | 33% | 14% | 31% | 4% | 14% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 1% |
| 3 Years: | 19% |
| TTM: | 53% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 15% |
| 3 Years: | -9% |
| TTM: | 253% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 20% |
| 5 Years: | 143% |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 104 | 117 | 146 | 292 | 313 | 314 | 314 | 314 | 314 | 23,365 | 24,965 | |
| Reserves | 1,451 | 1,905 | 4,836 | 5,098 | 7,417 | 8,684 | 7,624 | -5,860 | -20,959 | -8,470 | -8,308 | |
| 20,524 | 25,006 | 48,881 | 61,050 | 81,511 | 91,979 | 96,812 | 90,412 | 89,851 | 45,680 | 56,810 | ||
| 829 | 730 | 1,567 | 2,805 | 3,048 | 5,367 | 1,853 | 964 | 1,153 | 5,283 | 4,180 | ||
| Total Liabilities | 22,908 | 27,757 | 55,429 | 69,245 | 92,290 | 106,344 | 106,602 | 85,830 | 70,359 | 65,858 | 77,647 | |
| 414 | 423 | 191 | 508 | 211 | 850 | 865 | 920 | 940 | 1,778 | 1,679 | ||
| CWIP | 166 | 182 | 810 | 590 | 634 | 129 | 104 | 105 | 0 | 0 | 0 | |
| Investments | 701 | 247 | 1,751 | 1,811 | 13,509 | 8,120 | 2,498 | 3,881 | 8,449 | 8,307 | 7,815 | |
| 21,627 | 26,904 | 52,677 | 66,336 | 77,936 | 97,245 | 103,135 | 80,924 | 60,970 | 55,773 | 68,153 | ||
| Total Assets | 22,908 | 27,757 | 55,429 | 69,245 | 92,290 | 106,344 | 106,602 | 85,830 | 70,359 | 65,858 | 77,647 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 247 | 523 | -12,272 | -12,582 | -15,593 | -18,136 | -8,735 | 12,576 | 7,135 | 8,661 | -6,431 | -9,772 | |
| -1,249 | 470 | -866 | 24 | -10,930 | 6,091 | 6,135 | 644 | -4,526 | -325 | 70 | -901 | |
| 1,386 | -1,647 | 12,643 | 15,416 | 26,289 | 11,173 | 1,937 | -7,631 | 0 | -8,366 | 6,389 | 12,525 | |
| Net Cash Flow | 385 | -654 | -496 | 2,858 | -234 | -872 | -663 | 5,589 | 2,609 | -30 | 29 | 1,852 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 8 | 7 | 11 | 10 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 8 | 7 | 11 | 10 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | |
| Working Capital Days | -479 | -396 | -585 | -661 | -346 | -421 | -62 | -11 | 34 | -9 | -6 | |
| ROCE % | 11% | 11% | 11% | 10% | 10% | 8% | -13% | -26% | 9% |
Documents
Announcements
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Intimation Under SEBI Listing Regulations - Submission Of Offering Circular To India INX
9h - Committee approved updated EMTN offering circular and filed with India INX on 7 November 2025.
- Announcement under Regulation 30 (LODR)-Investor Presentation 1d
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Intimation Under Regulation 30(5) Of The SEBI Listing Regulations 2015
1d - Piramal Finance discloses KMP contact details: CFO Vikash Singhla and CS Bipin Singh, with emails.
- Listing of Equity Shares of Piramal Finance Ltd 1d
- Submission Of Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended June 30, 2021 13 Aug 2021
Annual reports
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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 2011
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Financial Year 2010
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Concalls
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Nov 2025TranscriptNotesPPT
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Aug 2020TranscriptNotesPPT
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