Piramal Enterprises sees asset under management crossing ₹1 trn in FY26

Key Takeaways:

• Piramal Enterprises anticipates exceeding ₹1 trillion AUM in FY26.
• Achieved 17% AUM growth in FY25, surpassing the 15% target.
• Projects 25% growth in total AUM and 30% in growth AUM for FY26.
• Retail lending expected to constitute 80-85% of total AUM.
• Nearing completion of a three-year transformation journey.

Piramal Enterprises Exceeds Growth Targets, Eyes ₹1 Trillion Milestone

Piramal Enterprises Chairman Ajay Piramal announced on Monday that the company’s assets under management (AUM) are expected to cross ₹1 trillion during the current financial year, marking a significant milestone driven by robust performance. Addressing shareholders at the Annual General Meeting (AGM), Piramal expressed optimism about the company’s trajectory as it capitalizes on prior investments.

Surpassing FY25 Growth Expectations

In the financial year 2025 (FY25), Piramal Enterprises achieved a consolidated AUM growth of 17%, reaching ₹80,689 crore. This impressive growth exceeded the company’s stated target of 15%. “With strong performance across our retail and wholesale businesses in FY2025, we are now well positioned to build upon the platform and leverage the investments that have been made,” Piramal stated.

Ambitious Projections for FY26

Looking ahead, the company projects further momentum in its growth. “We expect to further build on the momentum, growing our total AUM by about 25% to exceed ₹1 lakh crore, with growth AUM projected to rise about 30%,” Piramal shared. These projections underscore the company’s confidence in its strategic direction and market opportunities.

Strategic Focus on Retail Lending

Retail lending is set to play a pivotal role in Piramal Enterprises’ expansion plans. The company expects retail lending to contribute 80-85% of total AUM. By strengthening its retail lending portfolio, Piramal aims to enhance market reach and drive sustainable growth. This focus is anticipated to diversify the company’s assets and mitigate risks associated with wholesale lending.

Transformation Journey Nearing Completion

The optimistic outlook coincides with the culmination of a significant three-year transformation journey for Piramal Enterprises. “As our three-year transformation journey nears completion, we look ahead with optimism,” Piramal remarked. The transformation has involved strategic investments and restructuring, positioning the company to capitalize on new opportunities and face future challenges effectively.

Optimistic Outlook

With a solid foundation and clear strategic focus, Piramal Enterprises is poised for substantial growth. The company’s achievements in exceeding previous targets and its ambitious projections for the future reflect a commitment to delivering value to shareholders and stakeholders alike. The emphasis on retail lending and successful navigation through a transformative period signal a promising trajectory for the financial institution.