Piramal Finance.

  • Market Cap: Large Cap
  • Industry: Finance - Housing
  • ISIN: INE202B01038
  • NSEID: PIRAMALFIN
  • BSEID: 544597
INR
1,475.85
-23.7 (-1.58%)
BSENSE

Dec 05

BSE+NSE Vol: 3.62 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

3.62 k (267.60%) Volume

Shareholding (Nov 2025)

FII

15.10%

Held by 190 FIIs

DII

2.02%

Held by 22 DIIs

Promoter

46.16%

Is Piramal Finance. overvalued or undervalued?

21-Nov-2025

As of November 20, 2025, Piramal Finance is considered very expensive and overvalued, with a negative PE ratio of -2.83, an EV to EBITDA of -8.67, and a troubling ROE of -48.95%, contrasting sharply with its peers like HUDCO and LIC Housing Finance, despite a remarkable stock return of 7768.08% over the past five years.

As of 20 November 2025, the valuation grade for Piramal Finance has moved from risky to very expensive. The company is currently overvalued, as indicated by its negative PE ratio of -2.83 and an EV to EBITDA ratio of -8.67, which are significantly lower than industry standards. Additionally, the return on equity (ROE) stands at a concerning -48.95%, further highlighting the company's financial struggles.<BR><BR>In comparison to its peers, Piramal Finance's valuation metrics starkly contrast with companies like HUDCO, which has a PE ratio of 16.94 and an EV to EBITDA of 15.20, and LIC Housing Finance, with a PE of 5.53 and an EV to EBITDA of 11.18. These comparisons underscore the overvaluation of Piramal Finance, especially given its current market price of 1675.90, which is near its 52-week high of 1714.00. Notably, despite the company's impressive stock return of 7768.08% over the past five years, this performance does not align with its current financial health and valuation metrics.

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How has been the historical performance of Piramal Finance.?

02-Dec-2025

Piramal Finance has demonstrated a strong recovery in its financial performance, with net sales increasing from 6,120.81 Cr in March 2022 to 10,269.56 Cr in March 2025, and operating profit rising significantly to 5,661.55 Cr. The company also reported a profit before tax of 508.28 Cr and a positive earnings per share of 21.54 in March 2025.

Answer:<BR>The historical performance of Piramal Finance shows a fluctuating trend in key financial metrics over the years, with significant improvements noted in the most recent fiscal year.<BR><BR>Breakdown:<BR>Piramal Finance's net sales have increased from 6,120.81 Cr in March 2022 to 10,269.56 Cr in March 2025, marking a substantial recovery from previous years. The total operating income followed a similar trajectory, rising from 6,120.81 Cr in March 2022 to 10,269.56 Cr in March 2025. Operating profit, excluding other income, saw a remarkable increase from 946.71 Cr in March 2023 to 5,661.55 Cr in March 2025, indicating improved operational efficiency. The profit before tax turned positive at 508.28 Cr in March 2025, recovering from significant losses in prior years, while profit after tax also improved to 348.84 Cr. The earnings per share (EPS) reflected this positive trend, rising to 21.54 in March 2025 from a negative EPS in the previous year. The operating profit margin increased to 62.19% in March 2025, showcasing enhanced profitability. On the balance sheet, total liabilities decreased from 1,06,168.02 Cr in March 2019 to 80,786.37 Cr in March 2020, while total assets also saw a decline, indicating a tightening of financial conditions. Cash flow from operating activities turned positive at 12,576.00 Cr in March 2020, a significant improvement from negative cash flows in earlier years. Overall, Piramal Finance has shown a strong recovery in its financial performance, particularly in the latest fiscal year.

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Should I buy, sell or hold Piramal Finance.?

03-Dec-2025

Is Piramal Finance. technically bullish or bearish?

04-Dec-2025

As of December 3, 2025, the trend is bullish due to positive MACD and KST readings, although bearish RSI signals indicate some momentum weakness.

As of 3 December 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish, driven primarily by the weekly and monthly MACD readings, which are both bullish, along with a bullish KST on both time frames. The daily moving averages also support a bullish outlook. However, the RSI indicates bearish conditions on both weekly and monthly charts, suggesting some weakness in momentum. The Bollinger Bands are mildly bullish, indicating potential upward movement but with caution. Overall, while the trend is bullish, the strength is tempered by the bearish RSI readings.

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Why is Piramal Finance. falling/rising?

04-Dec-2025

As of 04-Dec, Piramal Finance Ltd's stock price is at 1,496.00, reflecting a decline of 18.2 (-1.2%) and significant underperformance against the sector and broader market. Despite recent profit growth, the stock faces challenges with weak long-term fundamentals and is considered expensive, contributing to its ongoing downward trend.

As of 04-Dec, Piramal Finance Ltd's stock price is falling, currently at 1,496.00, reflecting a decrease of 18.2 (-1.2%). The stock has underperformed the sector by 0.48% today and has been on a consecutive decline for the last three days, resulting in a total drop of 3.88% during this period. The stock reached an intraday low of Rs 1473.9, which is a decrease of 2.66%.<BR><BR>In terms of performance over the past week, the stock has declined by 4.94%, while the benchmark Sensex has only decreased by 0.53%. This indicates a significant underperformance relative to the broader market. Although there has been a rise in investor participation, with delivery volume increasing by 18.71% against the five-day average, the overall sentiment remains negative due to the stock's recent price movements.<BR><BR>Additionally, while the company has reported strong growth in net profit and positive results over the last two quarters, it faces challenges with weak long-term fundamental strength, as evidenced by an average Return on Equity (ROE) of only 2.35%. The stock is considered very expensive with a Price to Book Value of 1.2, and despite a profit increase of 348.5% over the past year, the stock has generated a return of 0.00%. This combination of recent price declines, underperformance against the sector, and concerns over long-term fundamentals contributes to the current downward trend in Piramal Finance Ltd's stock price.

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iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy

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Dashboard
1

Weak Long Term Fundamental Strength with an average Return on Equity (ROE) of 2.35%

  • Poor long term growth as Net Sales has grown by an annual rate of 1.79%
2

With ROE of 2.3, it has a Very Expensive valuation with a 1.2 Price to Book Value

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Finance - Housing

stock-summary
Market cap

INR 33,454 Cr (Large Cap)

stock-summary
P/E

55.00

stock-summary
Industry P/E

13

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

2.61

stock-summary
Return on Equity

2.26%

stock-summary
Price to Book

1.24

Revenue and Profits:
Net Sales:
2,872 Cr
(Quarterly Results - Sep 2025)
Net Profit:
327 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
0%
0%
0.0%
6 Months
0%
0%
0.0%
1 Year
0%
0%
0.0%
2 Years
0%
0%
0.0%
3 Years
0%
0%
0.0%
4 Years
8737.43%
0%
8737.43%
5 Years
4399.54%
0%
4399.54%

Latest dividend: 2.5 per share ex-dividend date: Jun-19-2018

Risk Adjusted Returns v/s stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryNews & Corporate Actions
News

Is Piramal Finance. technically bullish or bearish?

Overview of Recent Price Action and Technical Trend

As of 3 December 2025, Piramal Finance’s technical trend has upgraded to a bullish stance from a previously mildly bullish position. This change reflects strengthening momentum and improved market sentiment towards the stock. The current price stands at ₹1,514.20, slightly below the previous close of ₹1,517.05, with intraday fluctuations ranging between ₹1,464.35 and ₹1,524.10. The stock remains comfortably above its 52-week low of ₹16.70, though it is still some distance from its 52-week high of ₹1,785.00.

Key Technical Indicators: Mixed Signals but Bullish Bias

Examining the technical indicators in detail reveals a nuanced picture. The Moving Average Convergence Divergence (MACD) indicator is...

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Announcements stock-summary

Announcement under Regulation 30 (LODR)-Allotment

02-Dec-2025 | Source : BSE

Intimation regarding allotment of 19723 Non-Convertible Debentures on Private Placement basis at the Committees Meeting held on 2nd December 2025

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

25-Nov-2025 | Source : BSE

Intimation about Schedule of Analyst/Investor Meet under SEBI Listing Regulations

Announcement under Regulation 30 (LODR)-Investor Presentation

25-Nov-2025 | Source : BSE

Intimation of Investor Presentation under SEBI Listing Regulations

Corporate Actions stock-summary
stock-summary
BOARD MEETING

No Upcoming Board Meetings

stock-summary
DIVIDEND

Piramal Finance Ltd has declared 25% dividend, ex-date: 19 Jun 18

stock-summary
SPLITS

No Splits history available

stock-summary
BONUS

Piramal Finance Ltd has announced 1:1 bonus issue, ex-date: 09 Sep 15

stock-summary
RIGHTS

No Rights history available

stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
1.79%
EBIT Growth (5y)
19.24%
Net Debt to Equity (avg)
2.61
Institutional Holding
29.57%
ROE (avg)
2.35%
Valuation key factors
Factor
Value
P/E Ratio
55
Industry P/E
13
Price to Book Value
1.24
EV to EBIT
18.16
EV to EBITDA
17.26
EV to Capital Employed
1.07
EV to Sales
10.08
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
5.88%
ROE (Latest)
2.26%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
Bearish
Bearish
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
Bullish
No Trend
OBV
Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Nov 2025stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 11 Schemes (7.26%)

FIIs

Held by 190 FIIs (15.1%)

Promoter with highest holding

Anutham Realty Private Limited (24.78%)

Highest Public shareholder

Life Insurance Corporation Of India (4.47%)

Individual Investors Holdings

15.15%

stock-summaryFinancial
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        "suffix": "YoY Growth in quarter ended Sep 2025 is 21.64% vs 40.60% in Sep 2024",
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        {
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          "val2": "0.00",
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        {
          "field": "Standalone Net Profit",
          "val1": "277.67",
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          "field": "Operating Profit Margin (Excl OI)",
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        "Sep'25",
        "",
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    "link": "nine-monthly",
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    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
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        "suffix": "YoY Growth in nine months ended Dec 2024 is 32.12% vs -4.77% in Dec 2023",
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        "suffix": "YoY Growth in nine months ended Dec 2024 is 128.10% vs -175.78% in Dec 2023",
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          "val2": "4,728.17",
          "chgp": "32.12%",
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,573.98",
          "val2": "1,174.54",
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        {
          "field": "Interest",
          "val1": "3,601.79",
          "val2": "2,651.62",
          "chgp": "35.83%",
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        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "-1,862.92",
          "chgp": "100.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "328.66",
          "val2": "-1,169.42",
          "chgp": "128.10%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "22.92%",
          "val2": "23.69%",
          "chgp": "-0.77%",
          "chgp_class": "negative"
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Quarterly Results Snapshot (Standalone) - Sep'25 - YoYstock-summary
Sep'25
Sep'24
Change(%)
Net Sales
2,723.98
2,239.34
21.64%
Operating Profit (PBDIT) excl Other Income
1,940.15
1,449.88
33.81%
Interest
1,546.06
1,281.71
20.62%
Exceptional Items
-81.00
0.00
Standalone Net Profit
277.67
171.34
62.06%
Operating Profit Margin (Excl OI)
71.22%
64.75%
6.47%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Sep 2025 is 21.64% vs 40.60% in Sep 2024

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Sep 2025 is 62.06% vs 234.19% in Sep 2024

Half Yearly Results Snapshot (Consolidated) - Sep'25stock-summary
Sep'25
Change(%)
Net Sales
5,510.80
NA
NA
Operating Profit (PBDIT) excl Other Income
3,669.77
NA
NA
Interest
3,058.62
NA
NA
Exceptional Items
-81.00
NA
NA
Consolidate Net Profit
603.20
NA
NA
Operating Profit Margin (Excl OI)
69.11%
NA%
NA
Values in Rs Cr.
Net Sales

Not Applicable: The company has declared_date for only one period

Consolidated Net Profit

Not Applicable: The company has declared_date for only one period

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
6,246.87
4,728.17
32.12%
Operating Profit (PBDIT) excl Other Income
1,573.98
1,174.54
34.01%
Interest
3,601.79
2,651.62
35.83%
Exceptional Items
0.00
-1,862.92
100.00%
Standalone Net Profit
328.66
-1,169.42
128.10%
Operating Profit Margin (Excl OI)
22.92%
23.69%
-0.77%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 32.12% vs -4.77% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 128.10% vs -175.78% in Dec 2023

Annual Results Snapshot (Consolidated) - Mar'25stock-summary
Mar'25
Mar'24
Change(%)
Net Sales
10,269.56
6,703.24
53.20%
Operating Profit (PBDIT) excl Other Income
5,661.55
1,887.63
199.93%
Interest
5,281.88
3,687.35
43.24%
Exceptional Items
0.00
-1,657.68
100.00%
Consolidate Net Profit
485.45
-1,975.28
124.58%
Operating Profit Margin (Excl OI)
62.19%
29.17%
33.02%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2025 is 53.20% vs 1.47% in Mar 2024

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2025 is 124.58% vs 73.31% in Mar 2024

stock-summaryCompany CV
About Piramal Finance Ltd stock-summary
stock-summary
Piramal Finance Ltd
Large Cap
Finance - Housing
Dewan Housing Finance Corporation (DHFC) is one of the leading housing finance companies in India with a large network across the country that caters to millions of customers in the low-to-moderate income (LMI) category. DHFL provides customers with a vast array of home loan products including loans on homes, residential plots, construction, LAP or loan against property as also mortgage, non-residential and project loans.
Company Coordinates stock-summary
Company Details
Warden House 2nd Floor, Sir P M Road Fort Mumbai Maharashtra : 400001
stock-summary
Tel: 91-22-61066800
stock-summary
stock-summary
response@dhfl.com
Registrar Details
Link Intime India Pvt Ltd, C-13 Pannalal Silk Compound, L B S Marg, Bhandup , Mumbai