Piramal Enterprises to host Tokyo investor roadshow ahead of merger

Piramal Enterprises Limited (PEL) will host an analyst and institutional investor meeting, the "Nomura Roadshow (NDR)," on September 18-19, 2025, in Tokyo. This engagement will focus on the company's financial performance and strategic direction, including its ongoing merger with Piramal Finance Limited (PFL). The merger, which received RBI, SEBI, and NCLT approval in 2025, aims to simplify the group structure and provide shareholders direct access to the lending business, with completion targeted by Q3FY26.

PEL reported a Q1FY26 consolidated PAT of INR 276 Cr, up 52% YoY, and a total AUM of INR 95,942 Cr. Retail AUM grew 37% YoY to INR 69,005 Cr, with mortgages contributing INR 47,101 Cr. Wholesale 2.0 AUM reached INR 10,425 Cr, showing a 47% YoY growth. The company is on track to meet its FY26 targets, including a 25% YoY growth in total AUM and a retail share of 80-85%.

The company maintains a strong liquidity position, with a Q1FY26 consolidated LCR of 281% on a period-average basis. Its borrowing mix is diversified, with 39% from NCDs/Bonds and 31% from Loans. PEL's long-term ratings are AA (ICRA & CARE) with a Stable Outlook, and international ratings are BB- (S&P) and Ba3 (Moody's).