1. Piramal Enterprises
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57% Buy

Piramal Enterprises Share Price

PEL

₹819.35+₹0.40 (0.05%) TodayLast updated on 24 May, 2024 | 03:51 PM IST
₹815.20₹821.95
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Company overview

Financial performance

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Market cap

Market Cap Switch₹18,317 Crs

Open

₹821.95

Close

₹818.95

Circuit range

₹900.80 - ₹737.05

Day range

₹815.20 - ₹821.95

Year range

₹760.05 - ₹1,139.95

Volume

4,90,807

Avg. traded

₹818.71

Revenue (12m)

₹8,027 Crs

Piramal Enterprises

Piramal Enterprises Limited is one of the largest diversified Non-Banking Financial Companies (NBFCs) in India. In a journey over three decades, it has acquired over $10 billion worth of investments and assets.

Piramal Enterprises Limited was incorporated in April 1947. The company was originally named Indian Schering Limited and operated as a subsidiary of British Schering Limited. In 2012, the name of the company was changed to Piramal Enterprises Limited.

It’s the financial services arm of the diversified conglomerate Piramal Group.

Piramal Enterprises Limited’s market capitalisation stood at over ₹20,200 crore, as of January 17, 2024. PEL share price has dropped nearly 45% in the last three years.

Piramal Enterprises business operations

Piramal Enterprises Limited has a major presence across retail lending, wholesale lending and fund-based platforms. It is headquartered in Mumbai and has more than 404 branches across 27 states and Union Territories in India.

Piramal Enterprises Limited delivers numerous financial products and solutions through its subsidiaries. Piramal Enterprises Limited delivers financial services through Piramal Capital & Housing Finance Limited (PCHFL) and Piramal Alternatives (PA).

Piramal Capital & Housing Finance Limited (PCHFL) is a wholly-owned subsidiary of Piramal Enterprises Limited. It is the housing finance arm of the company. PCHFL provides end-to-end housing finance solutions. The company offers wholesale and retail funding opportunities across various sectors. Real estate and infrastructure, renewable energy, hospitality, logistics, industrials and auto components are the major sectors catered by Piramal Capital & Housing Finance Limited.

Piramal Capital & Housing Finance Limited provides financing solutions. Its offerings cover the entire capital stack such as structured debt, construction finance, flexi lease rental discounting, etc., in the real estate segment. The wholesale business of Piramal Capital & Housing Finance Limited in the non-real estate sector is divided into separate verticals – Corporate Finance and Emerging Corporate Lending (ECL). The Corporate Finance vertical offers customized funding solutions to companies in sectors such as infrastructure, renewable energy, industrials and auto components. The Emerging Corporate Lending vertical aims to provide funds to Small and Medium Enterprises (SMEs).

Piramal Alternatives is the fund management business of Piramal Enterprises Limited. It offers customised financing solutions to corporate entities. India Access Fund of Funds, Piramal Credit Fund (PCF), Hybrid Growth Fund and India Resurgence Fund (IndiaRF) are the company’s top offerings.

Piramal Enterprises Limited has a varied investment portfolio. It holds a 50% stake in Pramerica Life Insurance, a joint venture with Prudential International Insurance Holdings. The company has equity shareholding in the Shriram Group, a leading financial conglomerate in India.

Piramal Enterprises has also emerged as one of the largest housing finance companies in India after acquiring Dewan Housing Finance Limited (DHFL). Piramal Enterprises completed the integration of DHFL into the company in FY23.

Financial Highlights

  • The company’s consolidated revenue from operations increased to ₹8,934.30 crore in FY23 from ₹7,725.50 crore in FY22.
  • Its profit after tax (PAT) jumped multifold to ₹9,968.58 crore in FY23 as against ₹1,998.77 crore in FY22.
  • The NBFC’s operating profit after tax stood at ₹1,902 crore in FY23.
  • The financial service firm’s assets under management (AUM) stood at ₹63,989 crores in FY23.
  • The company’s earnings per share stood at ₹417.68 in FY23 as against ₹69.75 in FY22.

Piramal Enterprises Key indicators

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52 week high

₹1,139.95

52 week low

₹760.05

P/E ratio

P/B ratio

0.7

ROE

59.57%

ROCE

46.08%

Dividend yield

1.21%

Debt/Equity ratio

0.36

EPS

600.6

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Investment checklist: (3/6)

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Equity returns

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Dividend returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

57%

Hold

0%

Sell

43%

This analysis is based on the reviews of 7 experts in the last 7 days

Fundamentals

Financial ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

65.48%

Net profit margin

299.53%

ROE

59.57%

ROA

37.26%

ROCE

46.08%

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Piramal Enterprises Shareholder returns

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1 day

+0.05%

1 week

-0.95%

1 month

-6.79%

3 months

-12.23%

1 year

+6.47%

3 years

-51.80%

5 years

-62.74%

Revenue statement

All values are in ₹ Crores (Cr)
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Cash flow

All values are in ₹ Crores (Cr)
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Balance sheet

All values are in ₹ Crores (Cr)
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Piramal Enterprises Share Price history

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DayOpenCloseDay’s change
Fri, May 24 2024
₹821.95
₹819.35
+0.05%
Thu, May 23 2024
₹820.00
₹818.95
+0.23%
Wed, May 22 2024
₹824.80
₹817.05
-0.20%
Tue, May 21 2024
₹831.00
₹818.65
-1.22%
Sat, May 18 2024
₹830.00
₹828.75
+0.19%
Fri, May 17 2024
₹830.00
₹827.20
+0.41%
Thu, May 16 2024
₹832.00
₹823.85
-0.16%
Wed, May 15 2024
₹835.00
₹825.20
-0.61%

Shareholding info

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Promoters (46.19%)

Mutual Funds (6.68%)

Retail and other (23.64%)

Foreign institutions-FII (16.97%)

Other domestic institutions (6.51%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹31/share

    Ex date 16 Jun 2023

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  • Dividend • ₹33/share

    Ex date 14 Jul 2022

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  • Dividend • ₹10/share

    Ex date

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Frequently asked questions