Results Snapshot
Figures in Cr
Consolidated - Balance Sheet Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'20
EQUITY AND LIABILITIES
No of Months
12
12
12
12
12
12
Share Capital
45.22
45.08
23,364.69
21,364.69
21,364.69
313.82
Share Warrants & Outstandings
Total Reserve
28,003.68
26,936.10
-8,469.99
-6,583.65
822.98
-5,885.36
Shareholder's Funds
28,148.66
27,095.94
14,894.70
14,781.04
22,187.67
-5,546.14
Minority Interest
42.81
0.00
0.00
0.00
0.00
0.00
Long-Term Borrowings
0.00
0.00
0.00
0.00
0.00
0.00
Secured Loans
0.00
0.00
0.00
0.00
0.00
0.00
Unsecured Loans
0.00
0.00
0.00
0.00
0.00
0.00
Deferred Tax Assets / Liabilities
-2,767.39
-2,740.43
-2,538.29
-1,431.38
616.31
-5,043.30
Other Long Term Liabilities
378.81
346.44
3525.78
3637.89
5489.5
139.37
Long Term Trade Payables
0.00
0.00
0.00
0.00
0.00
0.00
Long Term Provisions
422.66
399.63
141.82
655.53
3,510.89
7.53
Total Non-Current Liabilities
76,246.72
55,415.64
40,079.00
37,595.04
46,677.47
84,075.82
Current Liabilities
Trade Payables
427.12
415.24
356.01
293.34
520.20
121.22
Other Current Liabilities
1,340.50
1,208.66
1,393.81
1,141.93
3,791.38
6,762.46
Short Term Borrowings
79,989.21
65,488.22
45,230.21
40,917.04
43,749.81
85,133.36
Short Term Provisions
154.35
104.30
62.71
63.45
102.00
7.53
Total Current Liabilities
83,199.28
68,593.54
54,631.07
51,778.87
67,068.66
91,522.71
Total Liabilities
1,07,779.08
92,202.98
63,319.88
60,835.11
79,639.63
80,786.37
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Gross Block
701.89
772.54
742.70
531.49
10,753.78
1,051.58
Less: Accumulated Depreciation
389.36
322.11
163.93
89.89
55.02
131.28
Less : Impairment of Assets
0.00
0.00
0.00
0.00
0.00
0.00
Net Block
312.53
450.43
578.77
441.60
10,698.76
920.30
Lease Adjustment
0.00
0.00
0.00
0.00
0.00
0.00
Capital Work in Progress
0.00
0.00
0.00
0.00
0.00
0.00
Intangible assets under development
116.42
42.64
10.07
3.53
12.17
105.17
Pre-operative Expenses pending
0.00
0.00
0.00
0.00
0.00
0.00
Assets in transit
0.00
0.00
0.00
0.00
0.00
0.00
Non Current Investments
11,645.88
15,069.43
9,267.66
13,940.60
13,850.70
3,880.51
Long Term Loans & Advances
84,838.02
65,791.18
48,275.91
41,564.82
47,560.17
73,248.88
Other Non Current Assets
0.00
0.00
0.00
0.00
0.00
84.81
Total Non-Current Assets
79,813.75
59,172.91
43,610.87
39,853.54
57,222.48
90,265.47
Current Assets Loans & Advances
Current Investments
9,091.78
11,444.60
7,398.66
12,058.39
13,974.06
3,880.51
Inventories
0.00
0.00
0.00
0.00
0.00
0.00
Sundry Debtors
37.02
49.47
55.92
16.30
0.00
2.75
Cash and Bank
5,567.94
6,275.89
2,949.58
2,619.93
5,159.63
7,719.92
Other Current Assets
0.00
0.00
0.00
0.00
0.00
0.00
Short Term Loans and Advances
1,340.50
1,120.27
943.81
826.41
1,125.38
1,483.57
Total Current Assets
16,037.24
18,890.23
11,347.97
15,521.03
20,259.07
13,086.75
Net Current Assets (Including Current Investments)
-67,162.04
-49,703.31
-43,283.10
-36,257.84
-46,809.59
-78,435.96
Total Current Assets Excluding Current Investments
6,945.46
7,445.63
3,949.31
3,462.64
6,285.01
9,206.24
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00
0.00
0.00
Total Assets
1,07,779.08
92,202.98
63,319.88
60,835.11
79,639.63
80,786.37
Contingent Liabilities
2,747.25
4,190.58
230.72
230.91
119.18
2,265.76
Total Debt
79,989.21
65,488.22
45,230.21
40,917.04
43,749.81
85,133.36
Book Value per share (adjusted)
1244.97
0
6.37
6.92
10.39
-176.73
Balance Sheet Analysis Highlights
Borrowings
YoY Growth in year ended Mar 2026 is 28.60% vs 40.75% in Mar 2025
Other Long Term Liabilities
YoY Growth in year ended Mar 2026 is 9.34% vs -90.17% in Mar 2025
Fixed Assets
YoY Growth in year ended Mar 2026 is -30.62% vs -22.17% in Mar 2025
Investments
YoY Growth in year ended Mar 2026 is -22.72% vs 62.60% in Mar 2025
Current Assets
YoY Growth in year ended Mar 2026 is -15.10% vs 66.46% in Mar 2025
Compare Balance Sheet Results of Piramal Finance.
Figures in Cr
Consolidated - Balance Sheet Results
Change(INR)
Change(%)
No of Months
12
12
EQUITY AND LIABILITIES
Share Capital
45.22
259.93
-214.71
-82.60%
Share Warrants & Outstandings
Total Reserve
28,003.68
16,552.26
11,451.42
69.18%
Shareholder's Funds
28,148.66
16,863.13
11,285.53
66.92%
Minority Interest
42.81
0.00
42.81
0.00%
Long-Term Borrowings
0.00
0.00
0.00
0.00%
Secured Loans
0
0
0.00
0.00%
Unsecured Loans
0
0
0.00
0.00%
Deferred Tax Assets / Liabilities
-2,767.39
-171.16
-2,596.23
-1,516.84%
Other Long Term Liabilities
378.81
233.81
145.00
62.02%
Long Term Trade Payables
0.00
0.00
0.00
0.00%
Long Term Provisions
422.66
21.96
400.70
1,824.68%
Total Non-Current Liabilities
76,246.72
58,841.56
17,405.16
29.58%
Current Liabilities
Trade Payables
427.12
17.54
409.58
2,335.12%
Other Current Liabilities
1,340.50
17,988.10
-16,647.60
-92.55%
Short Term Borrowings
79,989.21
44,668.06
35,321.15
79.07%
Short Term Provisions
154.35
21.96
132.39
602.87%
Total Current Liabilities
83,199.28
65,913.00
17,286.28
26.23%
Total Liabilities
1,07,779.08
82,349.20
25,429.88
30.88%
ASSETS
Non-Current Assets
0.00
0.00
0.00
0.00%
Gross Block
701.89
290.41
411.48
141.69%
Less: Accumulated Depreciation
389.36
184.37
204.99
111.18%
Less : Impairment of Assets
0.00
0.00
0.00
0.00%
Net Block
312.53
106.04
206.49
194.73%
Lease Adjustment
0.00
0.00
0.00
0.00%
Capital Work in Progress
0.00
4.67
-4.67
-100.00%
Intangible assets under development
116.42
11.47
104.95
915.00%
Pre-operative Expenses pending
0.00
0.00
0.00
0.00%
Assets in transit
0.00
0.00
0.00
0.00%
Non Current Investments
11,645.88
3,381.43
8,264.45
244.41%
Long Term Loans & Advances
84,838.02
74,645.32
10,192.70
13.65%
Other Non Current Assets
0.00
0.00
0.00
0.00%
Total Non-Current Assets
79,813.75
59,182.27
20,631.48
34.86%
Current Assets Loans & Advances
Current Investments
9,091.78
3,380.87
5,710.91
168.92%
Inventories
0.00
0.00
0.00
0.00%
Sundry Debtors
37.02
49.97
-12.95
-25.92%
Cash and Bank
5,567.94
3,600.13
1,967.81
54.66%
Other Current Assets
0
0
0.00
0.00%
Short Term Loans and Advances
1,340.50
346.55
993.95
286.81%
Total Current Assets
16,037.24
7,377.52
8,659.72
117.38%
Net Current Assets (Including Current Investments)
-67,162.04
-58,535.48
-8,626.56
-14.74%
Total Current Assets Excluding Current Investments
6,945.46
3,996.65
2,948.81
73.78%
Miscellaneous Expenses not written off
0.00
0.00
0.00
0.00%
Total Assets
1,07,779.08
82,349.20
25,429.88
30.88%
Contingent Liabilities
2,747.25
107.00
2,640.25
2,467.52%
Total Debt
79,989.21
44,668.06
35,321.15
79.07%
Book Value per share (adjusted)
1,244.97
648.76
596.21
91.90%
Annual - Borrowings
Borrowings 1,59,003.32 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 28.60% vs 40.75% in Mar 2025
Annual - Other Long Term Liabilities
Other Long Term Liabilities 378.81 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 9.34% vs -90.17% in Mar 2025
Annual - Fixed Assets
Fixed Assets 312.53 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -30.62% vs -22.17% in Mar 2025
Annual - Investments
Investments 11,645.88 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -22.72% vs 62.60% in Mar 2025
Annual - Current Assets
Current Assets 16,037.24 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is -15.10% vs 66.46% in Mar 2025






