Piramal Finance’s Net interest margin rose to 6.50 per cent in Q1 FY27 from 6.03 per cent in Q1 FY26
Piramal Finance Ltd (formerly known as Piramal Capital & Housing Finance Ltd) reported a 67 per centy-o-y jump in first quarter (Q1 FY27) consolidated net profit at ₹461 crore against ₹276 crore in the year ago period, supported by a robust increase in net interest income and rise in other operating income.
The non-banking finance company’s board on Thursday approved a fund raise of up to ₹4,000 crore. The Company would be raising these funds at an appropriate time.
In Q1 FY27, Net interest income (interest income less interest expended) was up 50 per cent y-o-y to ₹1352 crore ( ₹902 crore in Q1 FY26). Other operating income was up 22 per cent y-o-y at ₹100 crore (₹ 82 crore).
Margin rose
Net interest margin rose to 6.50 per cent in Q1 FY27 from 6.03 per cent in Q1 FY26.
The NBFC’s assets under management (AUM) rose 25 per cent y-o-y to ₹1,06,940 crore as at June-end 2026 from ₹85,552 crore as at June-end 2025. Within the AUM, housing loans account for 31 per cent, followed by loan against property (26 per cent), real estate loans (9 per cent) and salaried personal loans (8 per cent), among others.
As at June-end 2026, the retail to wholesale AUM mix shifted further in favour of retail at 85:15 against 80:20 as at June-end 2025.
Gross Non-Performing Asset/GNPA (Stage 3 assets gross) ratio improved to 2.37 per cent of gross advances as at June-end 2026 against 2.92 per cent as at June-end 2025. Net NPA (Stage 3 assets net) ratio too improved to 1.64 per cent against 2. 17 per cent.
Capital to risk-weighted assets ratio declined to 18.85 per cent from 19.29 per cent.
Anand Piramal, Chairman, Piramal Finance Limited, said: “While Piramal Finance is the youngest among India’s Upper Layer NBFCs, we have already established a diversified retail franchise serving nearly six million customers across Bharat by combining the reach of our physical network with technology and AI embedded across every aspect of our operations.”
Published on July 16, 2026
