Piramal Finance logo

Piramal Finance share price

NSE: PIRAMALFINBSE: 544597FinanceMid Cap

Last close ₹1,874.40down ₹77.60 (3.98%)BSE ₹1,873.50

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,952.00.

Range of traded prices from listing on 7 Nov 2025 to 23 Oct 2026
₹1,260.00Low, 7 Nov 2025₹2,326.40High, 9 Sep 2026
Market cap
₹44,354 Cr216th largest listed
P/E
23.4
P/E without one-offs
77.5
P/B
1.4
Dividend yield
0.59%
ROE
6.5%
ROE without one-offs
2.0%
Volume, NSE
1,75,43846.8% delivered

Share price

Daily closes since Nov 2025, adjusted for splits and bonuses

+41.7%since 7 Nov 2025

20-session average 4,17,997 shares a day, 53.2% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter. Income from operations is what the business earns: interest on loans, fees, dividends and the rest.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 19 Oct

Income from operations
₹3,659 Crup 9.04%
Net profit
₹545 Crup 18.32%

Income from operations by year

Net profit by year, a loss in red

₹ croreJun 2025Filed 7 NovSep 2025Filed 7 NovDec 2025Filed 23 JanMar 2026Filed 27 AprJun 2026Filed 16 JulSep 2026Filed 19 Oct
Income from operations2,6392,8722,9183,4243,3683,659
Net profit276327401502461545
Consolidated. The 6 quarters from Jun 2025, the first on record. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Financing Activity, which carries all its revenue.

Valuation

Today, against the company's own history. Not shown, EV/EBITDA: not used for a lender or an insurer.PE ratio and valuation history

Price to book

At or below today's level on 23% of 238 trading days since Nov 2025.

LowestHighest
Its median1.5Industry median1.1
Dividend yield

At or below today's level on 100% of 238 trading days since Nov 2025.

LowestHighest
Its median0.00%Industry median0.77%

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters44.22%
  • Foreign institutions15.61%
  • Indian institutions21.75%
  • Individuals and others18.38%
  • Employee trusts0.04%
Holder
Anutham Realty Private LimitedPromoter23.74%
The Sri Krishna Trust (through its Trustee Mr. Ajay G Piramal and Dr. (Mrs.) Swati Piramal)Promoter9.60%
V3 Designs LLPPromoter4.10%
PRL Realtors LLPPromoter3.79%
Government Pension Fund GlobalForeign portfolio investors, category I2.95%
Life Insurance Corporation of IndiaInsurance companies2.08%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

146 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 25 of the 54 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Bought for the first time
37
Added
37
Cut
17
Held unchanged
55
Sold out
27
Fund
quant Mutual Fund logoquant Small Cap Fundquant Mutual Fund43,35,5702.49%₹886.1 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund39,74,5881.22%₹812.4 Cr
HSBC Mutual Fund logoHSBC Midcap FundHSBC Mutual Fund29,29,7683.56%₹598.8 Cr
Kotak Mahindra Mutual Fund logoKotak Large & Mid Cap FundKotak Mahindra Mutual Fund23,50,0001.57%₹480.3 Cr
Kotak Mahindra Mutual Fund logoKotak Flexi Cap FundKotak Mahindra Mutual Fund18,00,0000.69%₹367.9 Cr
Kotak Mahindra Mutual Fund logoKotak Multi Cap FundKotak Mahindra Mutual Fund12,87,2130.87%₹263.1 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund12,16,0580.50%₹248.6 Cr
Motilal Oswal Mutual Fund logoMotilal Oswal Flexi cap FundMotilal Oswal Mutual Fund11,97,2251.82%₹244.7 Cr
Axis Mutual Fund logoAxis Small Cap FundAxis Mutual Fund11,70,3470.78%₹239.2 Cr
Nippon India Mutual Fund logoNippon India Value FundNippon India Mutual Fund9,11,0712.20%₹186.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Non Banking Financial Company (NBFC), 281 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Piramal Finance in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Tata Capital logoTata CapitalTATACAP1,30,21124.12.8–––11.8%–––0.19%
Cholamandalam Investment and Finance Company logoCholamandalam Investment and Finance CompanyCHOLAFIN1,25,52221.84.1–+19.6%+29.1%21.3%–2.34%6.79%0.14%
Muthoot Finance logoMuthoot FinanceMUTHOOTFIN95,2688.42.4–+50.7%+84.8%33.2%–6.46%12.81%1.26%
SBI Cards and Payment Services logoSBI Cards and Payment ServicesSBICARD51,91722.83.3–+7.9%+21.2%15.4%–3.29%11.24%0.46%
Sundaram Finance logoSundaram FinanceSUNDARMFIN44,23319.93.0–+13.7%+15.6%15.8%–2.56%4.60%1.00%
Authum Investment & Infrastructure logoAuthum Investment & InfrastructureAIIL42,18520.12.918.4−34.5%−48.8%14.2%13.3%––0.00%
HDB Financial Services logoHDB Financial ServicesHDBFS41,94314.21.9–––14.3%–––0.79%
Mahindra & Mahindra Financial Services logoMahindra & Mahindra Financial ServicesM&MFIN38,49410.71.4–+14.9%+45.8%13.8%–1.89%6.76%2.71%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record; for ROCE and EV/EBITDA, where the company is a lender or an insurer; for NIM and ROA, where the company does not file a lender's accounts or has no recent year with a balance sheet at its start and its end. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page. ROA is the year's profit over average total assets. NIM is net interest income over average loans and investments. Income growth is the growth of everything the company earns: interest, fees, premiums and the rest.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹11.00 a share, year to Mar 2026.
Ex-dateTypePer share
12 Jun 2026Final₹11.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Piramal Finance share price by year

Each calendar year to 2025.Piramal Finance share price history

YearClose at year endChangeHighest closeLowest close
20251,643.00–1,694.901,323.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 7 Nov 2025.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,954.901,970.001,861.001,874.401,897.791,75,43846.8%
22 Oct 20262,019.002,019.001,900.001,952.001,939.157,09,37153.4%
21 Oct 20261,957.002,038.001,957.002,019.002,008.1014,55,80234.9%
19 Oct 20261,960.001,970.201,939.001,948.701,951.481,97,16260.3%
16 Oct 20261,989.001,990.901,941.001,950.301,955.1179,76257.2%
15 Oct 20261,942.001,986.801,934.401,974.701,964.802,24,68061.8%
14 Oct 20262,040.902,055.201,933.301,951.101,979.902,55,30455.4%
13 Oct 20261,999.802,043.101,992.002,036.302,018.4195,52556.3%
12 Oct 20261,974.002,019.501,974.001,993.502,002.7682,47949.2%
9 Oct 20261,961.001,980.001,921.001,971.201,947.642,07,85152.1%
Prices in ₹ per share as traded, not adjusted.

About Piramal Finance

Piramal Finance Limited is a diversified, technology-led and retail-focussed Upper Layer non-banking finance company (NBFC). It lends to individuals, entrepreneurs and businesses, with a focus on metro-adjacent, semi-urban and rural markets. It serves over 5 million customers across 26 states in India, has 701 branches and has a presence in 568 cities.

The business has a growth side and a legacy side. Growth business includes retail lending and Wholesale 2.0 lending. Retail lending offers housing loans, loans against property, used car loans and gold loans, as well as salaried personal loans, unsecured business loans, rural micro loans and digital loans. Wholesale 2.0 covers real estate loans and corporate and mid-market lending, meaning loans sanctioned from the year to March 2022 onwards. The legacy portfolio holds discontinued loan assets. Beyond lending, the company has an alternatives business that includes the Piramal Credit Fund and the India Resurgence Fund, and it has a life insurance joint venture.

Its parent, Piramal Enterprises Limited, merged into it effective 16 September 2025, bringing the entire lending business under a single operating entity. The entity also converted from a housing finance company (NBFC-HFC) to an investment and credit company (NBFC-ICC). Earlier, it acquired and merged Dewan Housing Finance Corporation Limited, and the pharmaceuticals business was demerged into Piramal Pharma.

The company is backed by the Piramal Group. It describes itself as an AI-native NBFC serving semi-urban India.

Legal name
Piramal Finance Limited
NSE symbol
PIRAMALFIN
BSE code
544597
ISIN
INE202B01038
Industry
Finance
Listed
Nov 2025
Face value
₹2
CIN
L64910MH1984PLC032639
Corporate identity number, the registrar of companies' code for it

Earlier listing: Dewan Housing Finance Corpn. (BSE 511072), delisted on 29 Sep 2021.