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PIRAMAL FINANCE LIMITED

www.dhfl.com

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All Companies ›
Maharashtra ›
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PIRAMAL FINANCE LIMITED
Active
Updated: 08 Nov 2025

Piramal Finance Limited is a diversified financial services company operating in India, primarily focused on providing structured financial solutions. Its offerings include home loans, mortgage financing, and commercial lending, designed to meet the diverse financing needs of individuals and businesses while promoting financial inclusion and economic growth.

Piramal Finance Limited, is a listed public company incorporated on 11 April, 1984. It is classified as a public limited company and is located in , Maharashtra. It's authorized share capital is INR 26,090.39 cr and the total paid-up capital is INR 25,664.69 cr.

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Industry and products
Post and Telecommunications
  • Home Loan Balance Transfer, Plot & Construction Loans, Non Housing Loans, Property Term Loans, Medical Equipment Loans, Business Loans, Home Extension Loans, Loan Against Property, Home Construction Loans, Plot Loans, Plant and Machinery Loans, Home Renovation Loans, NRI Home Loans
Company size
Auth Capital
₹ 26,090.4 Cr
Paidup Capital
₹ 25,664.7 Cr
Revenue
₹ >5000 cr
# Key metrics of Piramal Finance Limited - All rupee values in INR crores. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 26,090.4 Cr | | | Paidup Capital | ₹ 25,664.7 Cr | | | Revenue | ₹ >5000 cr | | | Total Revenue | ₹6,712.4 | 0.93% | | EBITDA | ₹1,818.8 | 93.4% | | Net Profit | ₹-1,911.3 | None% | | Networth | ₹15,004.3 | 0.7% | | Borrowings | ₹45,064.0 | 10.96% | | Assets | ₹65,379.7 | 5.88% | | Gross Margin | -% | None | | Operating Margin | 27.3% | 13.03 | | Net Profit Margin | -28.5% | 83.18 | | Return on Equity | -12.7% | 37.09 | | ROCE | -86.5% | -56.44 | | Debt to Equity | 3.0 | 0.27 |
Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue
0.93%
₹ 6,712.4
EBITDA
93.4%
₹ 1,818.8
Net Profit
-
₹ -1,911.3
Networth
0.7%
₹ 15,004.3
Borrowings
10.96%
₹ 45,064.0
Assets
5.88%
₹ 65,379.7
Gross Margin
-
- %
Operating Margin
13.03
27.3 %
Net Profit Margin
83.18
-28.5 %
Return on Equity
37.09
-12.7 %
ROCE
-56.44
-86.5 %
Debt to Equity
0.27
3.0
Sales
Mar 2024
Net worth
Mar 2024

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Locations

indian flag India (1)
State Type Address

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People

Designation Name DIN/PAN Tenure
Managing Director Jairam Sridharan 05165390 4 years
Director Anand Ajay Piramal 00286085 4 years
Director Suhail Amin Nathani 01089938 4 years
Director Gautam Bhailal Doshi 00004612 4 years
Additional Director Shikha Sanjaya Sharma 00043265 0 years
Additional Director Rajiv Mehrishi 00208189 0 years
Additional Director Anjali Bansal 00207746 0 years
Additional Director Asheet Lalit Mehta 10648593 0 years
Director Kunal Bahl 01761033 2 years

Financial Highlights

** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales 9,322.2 8,770.6 6,120.8 6,591.8 6,663.6
Operating profit -12,464.3 -19,849.9 4,175.2 940.5 1,818.8
Net profit 4,635.7 -15,051.1 525.7 -7,424.8 -1,911.3
Gross margin - - - - -
Operating margin -133.7 -226.3 68.2 14.3 27.3
Net margin 49.6 -171.0 8.5 -111.7 -28.5
Networth -5,537.9 -20,637.0 22,259.2 14,899.9 15,004.3
Borrowings 90,412.2 89,851.2 46,415.8 40,611.2 45,064.0
Assets 86,147.4 70,366.9 79,702.2 61,748.0 65,379.7
Debt to equity -16.3 -4.3 2.1 2.7 3.0
Current ratio - - - - -
ROE - - 2.4 -49.8 -12.7
Days payable - - - - -
WC days - - - - -
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

₹
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 313.8 313.8 21,364.7 21,364.7 23,364.7
Reserves -5,851.8 -20,950.9 894.5 -6,464.8 -8,360.4
Borrowings + 90,412.2 89,851.2 46,415.8 40,611.2 45,064.0
Long term borrowings 90,412.2 89,851.2 46,415.8 40,611.2 45,064.0
Short term borrowings - - - - -
Trade payables + 121.8 76.0 520.1 290.1 352.8
Days payable - - - - -
Other liabilities + 1,273.1 1,152.7 11,027.2 6,236.9 5,311.4
Other non-current liabilities - - 607.5 - -
Other current liabilities 1,151.3 1,076.7 9,899.6 5,946.9 4,958.6
Total liabilities 86,147.4 70,366.9 79,702.2 61,748.0 65,379.7
Fixed Assets + 1,025.5 939.7 10,832.6 682.5 882.7
Tangible assets 853.6 796.0 385.2 562.5 684.1
CWIP 105.2 62.3 12.2 3.5 10.1
Intangible assets 66.7 81.4 10,435.3 116.5 188.6
LT loans and advances 66,202.7 38,455.3 47,560.2 41,835.8 48,425.9
Other non-current assets 11,737.6 21,456.9 16,042.2 16,492.2 13,566.7
Current assets + 7,181.6 9,515.0 5,267.1 2,737.4 2,504.3
Inventories - - - - -
Trade receivables 2.8 0.5 - - -
Cash and cash equivalents 6,848.6 9,458.0 4,618.6 1,915.3 1,933.6
ST loans and advances - - - - -
Other current assets 330.2 56.5 648.6 822.0 570.8
Total assets 86,147.4 70,366.9 79,702.2 61,748.0 65,379.7
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Total assets

Profit & Loss

₹
%
** All numbers in INR crores
Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Sales + 9,322.2 8,770.6 6,120.8 6,591.8 6,663.6
Sales growth % -10.79 -5.92 -30.21 7.69 1.09
Expenses + 27,591.1 28,919.8 5,330.2 9,199.6 8,603.5
Cost of goods - - - - -
Employee cost 283.3 213.1 294.7 561.0 859.1
Other costs 21,503.2 28,407.4 1,650.9 5,090.3 3,985.6
Operating profit + -12,464.3 -19,849.9 4,175.2 940.5 1,818.8
Operating margin % -133.7 -226.3 68.2 14.3 27.3
Other income 20.9 32.1 66.1 58.5 48.8
Interest 5,725.2 218.5 3,332.2 3,453.3 3,603.7
Depreciation 79.4 80.8 52.4 95.0 155.1
Exceptional items - - 142.7 10,256.8 1,657.7
Profit before tax -18,248.0 -20,117.0 714.0 -12,806.1 -3,548.8
Tax -4,635.7 -5,065.9 188.2 -5,381.3 -1,637.5
Profit - disc. ops - - - - -
Net profit 4,635.7 -15,051.1 525.7 -7,424.8 -1,911.3
Net margin % 49.6 -171.0 8.5 -111.7 -28.5
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Revenue from operations

Ratios

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Solvency +
Total Debt/Equity -16.3 -4.3 2.1 2.7 3.0
Net Debt/Equity -15.1 -3.9 1.9 2.6 2.9
Total Debt/Assets 1.1 1.3 0.6 0.7 0.7
Total Assets/Equity -15.6 -3.4 3.6 4.1 4.4
Liquidity +
Current Ratio - - - - -
Quick Ratio - - - - -
Interest Coverage - - - - -
Performance
Gross Margin - - - - -
Operating Margin -133.7 -226.3 68.2 14.3 27.3
Net Margin 49.6 -171.0 8.5 -111.7 -28.5
Return +
Return on Equity - - 2.4 -49.8 -12.7
Pre-tax ROCE -180.9 -214.3 72.6 -30.0 -86.5
Return on Assets 5.4 -21.4 0.7 -12.0 -2.9
Pre-tax ROIC -16.1 -33.4 6.4 1.6 2.9
Efficiency +
Days Payable - - - - -
Days Inventory - - - - -
Days Receivable - - - - -
Fixed Asset Turnover 9.1 9.3 0.6 9.7 7.5
Total Asset Turnover 0.1 0.1 0.1 0.1 0.1
Working Capital
Cash Conversion Cycle - - - - -
Working Capital Days - - - - -
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

IDBI Trusteeship Services Limited

No. of Loans: 74

Total Amount : 59,498.7 cr

2

Catalyst Trusteeship Limited

No. of Loans: 4

Total Amount : 23,385.7 cr

3

State Bank of India

No. of Loans: 1

Total Amount : 180.0 cr

4

Axis Bank Limited

No. of Loans: 2

Total Amount : 117.0 cr

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Charges

IDBI Trusteeship Services Limited
Catalyst Trusteeship Limited
State Bank of India
Axis Bank Limited

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Name State / Country Incorporation Year Paidup Capital
DHFL ADVISORY & INVESTMENTS PRIVATE LIMITED Maharashtra 2016 ₹ 75.0 Cr
DHFL INVESTMENTS LIMITED Maharashtra 2017 ₹ 101.5 Cr
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PIRAMAL AGASTYA OFFICES PRIVATE LIMITED Maharashtra 2006 ₹ 55.5 Cr

Tofler Score

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Risk

Severe Risk
  • No risks identified
Moderate Risk
  • HIGH LEVERAGE
  • LOW INTEREST COVERAGE
  • CASH DETERIORATING
Low Risk
  • NET MARGIN DETERIORATING
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Peers / Similar Companies

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Peers

Registered Details

CIN

U64910MH1984PLC032639

PAN

AAACD1977A

Incorporation

1984, 41.6 years

Company Email

corporate.secretarial@piramal.com

Paid up Capital

₹ 25,664.7 Cr

Authorised Capital

₹ 26,090.4 Cr

AGM

Jul 2025

Type

Public
Others

FAQ - PIRAMAL FINANCE LIMITED

What is the incorporation date of PIRAMAL FINANCE LIMITED?

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The incorporation date of PIRAMAL FINANCE LIMITED is 11 April, 1984

What is the authorized share capital of PIRAMAL FINANCE LIMITED?

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The authorized share capital of PIRAMAL FINANCE LIMITED is INR ₹ 26,090.4 Cr.

What is the paid-up capital of PIRAMAL FINANCE LIMITED?

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The paid-up capital of PIRAMAL FINANCE LIMITED is INR ₹ 25,664.7 Cr.

What is the registered address of PIRAMAL FINANCE LIMITED?

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The registered address of PIRAMAL FINANCE LIMITED is 601,6th Floor,Amiti Bldg,Agastya Corporate Park Kamani Junction,Opp.Fire Station,LBS Mar, g,Kurla(W), Mumbai City, Mumbai, Maharashtra, India, 400070 - 400070

What is the CIN number of PIRAMAL FINANCE LIMITED?

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The CIN number of PIRAMAL FINANCE LIMITED is U64910MH1984PLC032639.

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