| Scrip code | 544597 |
|---|---|
| NSE Symbol | PIRAMALFIN |
| MSEI Symbol | NOTLISTED |
| ISIN | INE202B01038 |
| Name of company | Piramal Finance Limited (Formerly known as Piramal Capital & Housing Finance Limited) |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 27-04-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 20-04-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Single segment |
| Description of single segment | Financing Activity |
| Start date and time of board meeting | 27-04-2026 11:00:00 |
| End date and time of board meeting | 27-04-2026 15:35:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Unaudited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | |||
| (i) | Interest Income | 2,91,423.00 | 10,62,320.00 |
| (ii) | Dividend Income | 1,609.00 | 5,257.00 |
| (iii) | Rental Income | 3,402.00 | 13,251.00 |
| (iv) | Fees and commission Income | 7,452.00 | 43,395.00 |
| (v) | Net gain on fair value changes | 0.00 | 0.00 |
| (vi) | Net gain on derecognition of financial instruments under amortised cost category | 0.00 | 0.00 |
| (vii) | Sale of products (including Excise Duty) | 0.00 | 0.00 |
| (viii) | Sale of services | 271.00 | 1,104.00 |
| (ix) | Other revenue from operations | ||
| 1 | Other operating income | 38,244.00 | 59,922.00 |
| Total other revenue from operations | 38,244.00 | 59,922.00 | |
| Total Revenue From Operations | 3,42,401.00 | 11,85,249.00 | |
| Other income | 4,212.00 | 17,911.00 | |
| Total income | 3,46,613.00 | 12,03,160.00 | |
| 2 | Expenses | ||
| Cost of materials consumed | 0.00 | 0.00 | |
| Purchases of stock-in-trade | 0.00 | 0.00 | |
| Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 | |
| Employee benefit expense | 43,006.00 | 1,81,124.00 | |
| Finance costs | 1,67,362.00 | 6,37,862.00 | |
| Depreciation, depletion and amortisation expense | 64,500.00 | 90,280.00 | |
| Fees and commission expense | 229.00 | 1,157.00 | |
| Net loss on fair value changes | 97,975.00 | 1,15,630.00 | |
| Net loss on derecognition of financial instruments under amortised cost category | 15,401.00 | 87,494.00 | |
| Impairment on financial instruments | 3,460.00 | (32,135.00) | |
| (f) | Other expenses | ||
| 1 | Other expenses | 37,700.00 | 1,26,869.00 |
| Total other expenses | 37,700.00 | 1,26,869.00 | |
| Total expenses | 4,29,633.00 | 12,08,281.00 | |
| 3 | Total profit before exceptional items and tax | (83,020.00) | (5,121.00) |
| 4 | Exceptional items | 1,32,636.00 | 1,24,536.00 |
| 5 | Total profit before tax | 49,616.00 | 1,19,415.00 |
| 7 | Tax expense | ||
| 8 | Current tax | (74.00) | (9,475.00) |
| 9 | Deferred tax | 373.00 | (2,831.00) |
| 10 | Total tax expenses | 299.00 | (12,306.00) |
| 11 | Net Profit Loss for the period from continuing operations | 49,317.00 | 1,31,721.00 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 17 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 14 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 860.00 | 18,893.00 |
| 15 | Total profit (loss) for period | 50,177.00 | 1,50,614.00 |
| 16 | Other comprehensive income net of taxes | (21,436.00) | (27,666.00) |
| 17 | Total Comprehensive Income for the period | 28,741.00 | 1,22,948.00 |
| 18 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 50,094.00 | 1,50,431.00 | |
| Total profit or loss, attributable to non-controlling interests | 83.00 | 183.00 | |
| 19 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 28,658.00 | 1,22,765.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 83.00 | 183.00 | |
| 20 | Details of equity share capital | ||
| Paid-up equity share capital | 4,522.00 | 4,522.00 | |
| Face value of equity share capital | 2 | 2 | |
| 21 | Reserves excluding revaluation reserve | 28,10,344.00 | |
| 22 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings per share from continuing operations | 22.14 | 66.49 | |
| Diluted earnings per share from continuing operations | 22.01 | 66.11 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings per share from discontinued operations | 0 | 0 | |
| Diluted earnings per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings per share | 22.14 | 66.49 | |
| Diluted earnings per share | 22.01 | 66.11 | |
| 23 | Debt equity ratio | 2.8400 | 2.8400 |
| 24 | Debt service coverage ratio | ||
| 25 | Interest service coverage ratio | ||
| 26 | Disclosure of notes on financial results | ||
| 23 | Debt equity ratio | |
|---|---|---|
| 24 | Debt service coverage ratio | |
| 25 | Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| A | Date of start of reporting period | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited |
| D | Nature of report standalone or consolidated | Consolidated |
| Statement of cash flows | ||
| Cash flows from used in operating activities | ||
| Profit before tax | 1,19,415.00 | |
| Adjustments for reconcile profit (loss) | ||
| Adjustments for finance costs | 6,39,019.00 | |
| Adjustments for decrease (increase) in inventories | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, current | 0.00 | |
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |
| Adjustments for decrease (increase) in other current assets | 8,762.00 | |
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |
| Adjustments for other financial assets, non-current | 0.00 | |
| Adjustments for other financial assets, current | (19,15,748.00) | |
| Adjustments for other bank balances | 0.00 | |
| Adjustments for increase (decrease) in trade payables, current | 1,188.00 | |
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |
| Adjustments for increase (decrease) in other current liabilities | 2,521.00 | |
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |
| Adjustments for depreciation and amortisation expense | 90,280.00 | |
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | (32,135.00) | |
| Adjustments for provisions, current | 3,562.00 | |
| Adjustments for provisions, non-current | 0.00 | |
| Adjustments for other financial liabilities, current | 11,491.00 | |
| Adjustments for other financial liabilities, non-current | 0.00 | |
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |
| Adjustments for dividend income | 5,257.00 | |
| Adjustments for interest income | 13,476.00 | |
| Adjustments for share-based payments | 7,229.00 | |
| Adjustments for fair value losses (gains) | 1,03,466.00 | |
| Adjustments for undistributed profits of associates | 0.00 | |
| Other adjustments for which cash effects are investing or financing cash flow | (28,793.00) | |
| Other adjustments to reconcile profit (loss) | (1,32,636.00) | |
| Other adjustments for non-cash items | 87,495.00 | |
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 18,893.00 | |
| Total adjustments for reconcile profit (loss) | (11,54,139.00) | |
| Net cash flows from (used in) operations | (10,34,724.00) | |
| Dividends received | 0.00 | |
| Interest paid | 5,75,847.00 | |
| Interest received | 0.00 | |
| Income taxes paid (refund) | (21,341.00) | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) operating activities | (15,89,230.00) | |
| Cash flows from used in investing activities | ||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |
| Other cash receipts from sales of equity or debt instruments of other entities | 5,83,77,189.00 | |
| Other cash payments to acquire equity or debt instruments of other entities | 5,82,55,485.00 | |
| Other cash receipts from sales of interests in joint ventures | 0.00 | |
| Other cash payments to acquire interests in joint ventures | (9,491.00) | |
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |
| Proceeds from sales of property, plant and equipment | 5,936.00 | |
| Purchase of property, plant and equipment | 11,645.00 | |
| Proceeds from sales of investment property | 0.00 | |
| Purchase of investment property | 0.00 | |
| Proceeds from sales of intangible assets | 0.00 | |
| Purchase of intangible assets | 0.00 | |
| Proceeds from sales of intangible assets under development | 0.00 | |
| Purchase of intangible assets under development | 0.00 | |
| Proceeds from sales of goodwill | 0.00 | |
| Purchase of goodwill | 0.00 | |
| Proceeds from biological assets other than bearer plants | 0.00 | |
| Purchase of biological assets other than bearer plants | 0.00 | |
| Proceeds from government grants | 0.00 | |
| Proceeds from sales of other long-term assets | 0.00 | |
| Purchase of other long-term assets | 0.00 | |
| Cash advances and loans made to other parties | 0.00 | |
| Cash receipts from repayment of advances and loans made to other parties | 0.00 | |
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |
| Dividends received | 5,257.00 | |
| Interest received | 15,378.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 1,16,969.00 | |
| Net cash flows from (used in) investing activities | 2,63,090.00 | |
| Cash flows from used in financing activities | ||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |
| Payments from changes in ownership interests in subsidiaries | 0.00 | |
| Proceeds from issuing shares | 14.00 | |
| Proceeds from issuing other equity instruments | 0.00 | |
| Payments to acquire or redeem entity's shares | 0.00 | |
| Payments of other equity instruments | 0.00 | |
| Proceeds from exercise of stock options | 0.00 | |
| Proceeds from issuing debentures notes bonds etc | 0.00 | |
| Proceeds from borrowings | 64,65,766.00 | |
| Repayments of borrowings | 51,92,109.00 | |
| Payments of lease liabilities | 9,468.00 | |
| Dividends paid | 24,935.00 | |
| Interest paid | 0.00 | |
| Income taxes paid (refund) | 0.00 | |
| Other inflows (outflows) of cash | 0.00 | |
| Net cash flows from (used in) financing activities | 12,39,268.00 | |
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (86,872.00) | |
| Effect of exchange rate changes on cash and cash equivalents | ||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |
| Net increase (decrease) in cash and cash equivalents | (86,872.00) | |
| Cash and cash equivalents cash flow statement at beginning of period | 4,99,184.00 | |
| Cash and cash equivalents cash flow statement at end of period | 4,12,312.00 | |
| Particulars | Year ended (dd-mm-yyyy) | ||
|---|---|---|---|
| Date of start of reporting period | 01-04-2025 | ||
| Date of end of reporting period | 31-03-2026 | ||
| Whether results are audited or unaudited | Audited | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Assets | |||
| 1 | Finanical Asset | ||
| Cash and cash equivalents | 4,12,312.00 | ||
| Bank Balance other than (a) above | 1,44,482.00 | ||
| Derivative financial instruments | 1,19,151.00 | ||
| Receivables | |||
| (I) Trade Receivables | 1,298.00 | ||
| (II) Other Receivables | 2,404.00 | ||
| Loans | 84,83,802.00 | ||
| Investments | 9,81,383.00 | ||
| Other Financial assets | |||
| 1 | Other financial assets | 1,34,050.00 | |
| Total of Other Financial assets | 1,34,050.00 | ||
| Total Financial Assets | 1,02,78,882.00 | ||
| 2 | Non Financial Asset | ||
| Inventories | 0.00 | ||
| Current tax assets (Net) | 66,340.00 | ||
| Deferred tax Assets (Net) | 2,76,739.00 | ||
| Investment Property | 1,83,205.00 | ||
| Biological assets other than bearer plants | 0.00 | ||
| Property, Plant and Equipment | 16,863.00 | ||
| Capital work-in-progress | 0.00 | ||
| Intangible assets under development | 11,642.00 | ||
| Goodwill | 200.00 | ||
| Other Intangible assets | 34,913.00 | ||
| Other non-financial assets | |||
| 1 | Other non-financial assets | 48,711.00 | |
| 2 | Asset held for sale | 1,37,152.00 | |
| Total of Other non-financial assets | 1,85,863.00 | ||
| Total Non Financial Assets | 7,75,765.00 | ||
| Total assets | 1,10,54,647.00 | ||
| Equity and liabilities | |||
| 1 | Equity | ||
| Equity attributable to owners of parent | |||
| Equity share capital | 4,522.00 | ||
| Other equity | 28,10,344.00 | ||
| Total equity attributable to owners of parent | 28,14,866.00 | ||
| Non controlling interest | 428100000 | ||
| Total equity | 28,19,147.00 | ||
| 2 | Liabilities | ||
| 2.1 | Financial Liabilities | ||
| (a) | Derivative financial instruments | 0.00 | |
| (b) | Payables | 0.00 | |
| (I)Trade Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 8,476.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 34,236.00 | ||
| II) Other Payables | |||
| (i) total outstanding dues of micro enterprises and small enterprises | 0.00 | ||
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | ||
| (C ) | Debt Securities | 31,59,197.00 | |
| (d) | Borrowings (Other than Debt Securities) | 48,26,935.00 | |
| (e) | Deposits | 0.00 | |
| (f) | Subordinated Liabilities | 12,789.00 | |
| Other financial liabilities | |||
| 1 | Other financial liabilities | 1,13,720.00 | |
| Total of Other financial liabilities | 1,13,720.00 | ||
| Total Financial Liabilities | 81,55,353.00 | ||
| 2.2 | Non-Financial Liabilities | ||
| (a) | Current tax liabilities (Net) | 26,831.00 | |
| (b) | Provisions | 15,435.00 | |
| (C ) | Deferred tax liabilities (Net) | 0.00 | |
| Other non-financial liabilities | |||
| 1 | Other non-financial liabilities | 37,881.00 | |
| Total of Other non-financial liabilities | 37,881.00 | ||
| Total Non Financial Liabilities | 80,147.00 | ||
| Total liabilities | 82,35,500.00 | ||
| Total equity and liabilites | 1,10,54,647.00 | ||
| Disclosure of notes on assets and liabilities | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| Whether results are audited or unaudited | Unaudited | Audited | |
| Nature of report standalone or consolidated | Consolidated | Consolidated | |
| 1 | Segment Revenue (Income) | ||
| (net sale/income from each segment should be disclosed) | |||
| Total Segment Revenue | |||
| Less: Inter segment revenue | |||
| Revenue from operations | |||
| 2 | Segment Result | ||
| Profit (+) / Loss (-) before tax and interest from each segment | |||
| Total Profit before tax | |||
| i. Finance cost | |||
| ii. Other Unallocable Expenditure net off Unallocable income | |||
| Profit before tax | |||
| 3 | (Segment Asset - Segment Liabilities) | ||
| Segment Asset | |||
| Total Segment Asset | |||
| Un-allocable Assets | |||
| Net Segment Asset | |||
| 4 | Segment Liabilities | ||
| Segment Liabilities | |||
| Total Segment Liabilities | |||
| Un-allocable Liabilities | |||
| Net Segment Liabilities | |||
| Disclosure of notes on segments | |||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Unaudited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Remeasurement of the defined benefit plan | 11900000 | -6500000 |
| 2 | Equity instruments measured through OCI | 37100000 | 396400000 |
| Total Amount of items that will not be reclassified to profit and loss | 49000000 | 389900000 | |
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 78.00 | 535.00 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Share of other comprehensive income of associates and joint ventures accounted for using the equity method | -1820000000 | -3010400000 |
| 2 | Remeasurement gain/(loss) on hedge accounting | 81800000 | 851200000 |
| 3 | Debt instruments measured through OCI | -582700000 | -1010300000 |
| 4 | Exchange differences on translation of financial statements of foreign operations | 10100000 | 26500000 |
| Total Amount of items that will be reclassified to profit and loss | -2310800000 | -3143000000 | |
| 4 | Income tax relating to items that will be reclassified to profit or loss | (1,260.00) | (400.00) |
| 5 | Total Other comprehensive income | (21,436.00) | (27,666.00) |
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Declaration of unmodified opinion |
| Auditor's opinion | |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results | Yes |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | Lodha & Co. LLP | Yes | 31-03-2027 | ||
|---|---|---|---|---|---|
| 2 | Singhi & Co. | Yes | 31-08-2028 | ||