Piramal Enterprises Ltd
About
Piramal Enterprises Limited (PEL) is a leading diversified Non-Banking Financial Company (NBFC) and part of the Piramal Group. The company was founded on April 26, 1947. Piramal Enterprises is headquartered in Mumbai, Maharashtra, with Ajay Piramal serving as its Chairman and Executive Director. PEL operates with a multi-product platform, offering home loans, small business loans, and working capital financing, across Tier I, II, and III cities and provides financing solutions to real estate developers and corporate clients in select sectors. The company is registered with the RBI and has forged strategic partnerships with renowned financial institutions such as CPPIB, APG, and Ivanhoe Cambridge (CDPQ) across a spectrum of investment platforms. Piramal Enterprises has an extensive network of over 400 branches across 26 states and Union Territories in India.
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Financial Data 2024
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Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 10332 -42.1% | 17849 101.9% | 8841 -35.8% | 13768 -7.0% | 14797 18.3% | 12508 14.8% | 10896 24.9% | 8727 26.0% | 6925 -14.9% | 8136 70.6% | 4768 25.5% | 3801 42.5% | 2668 -85.6% | 18546 387.7% | 3802 8.9% | 3491 - |
| Net Operating Income (INR Cr) | 10110 12.57% | 8981 16.26% | 7726 -39.69% | 12809 -1.98% | 13068 9.98% | 11883 11.77% | 10631 25.02% | 8504 34.10% | 6342 23.79% | 5123 13.77% | 4503 27.91% | 3520 63.06% | 2159 29.04% | 1673 -53.84% | 3624 11.70% | 3245 13.85% |
| Profit (INR Cr) | -1684 - | 9969 418.4% | 1923 44.3% | 1332 - | 24 -98.4% | 1467 -71.4% | 5121 309.0% | 1252 38.4% | 905 -68.3% | 2850 - | -501 - | -227 - | 112 -99.1% | 12883 2573.5% | 482 52.4% | 316 - |
| Assets (INR Cr) | 80168 -0.6% | 80642 -12.7% | 92376 23.4% | 74869 2.5% | 73015 -12.6% | 83514 17.7% | 70983 55.6% | 45606 55.3% | 29374 53.0% | 19200 1.0% | 19017 2.1% | 18619 38.0% | 13493 5.1% | 12844 331.0% | 2980 11.9% | 2664 - |
| Net Worth (INR Cr) | 26557 -14.5% | 31059 -12.5% | 35489 4.3% | 34018 11.3% | 30572 12.3% | 27224 2.5% | 26562 78.5% | 14883 14.9% | 12948 10.3% | 11736 25.9% | 9321 -13.1% | 10724 -4.6% | 11242 -5.0% | 11836 602.5% | 1685 27.9% | 1317 20.6% |
| Employee Cost (INR Cr) | 1350 45.2% | 930 81.4% | 513 -68.9% | 1650 2.5% | 1610 6.8% | 1508 -24.2% | 1988 10.8% | 1794 6.6% | 1683 30.0% | 1295 13.9% | 1137 42.7% | 797 80.2% | 442 5.1% | 421 -28.6% | 589 14.3% | 516 - |
| Interest Cost (INR Cr) | 4344 | 3994 | 4225 | 4209 | 5321 | 4100 | 2978 | 2031 | 959 | 511 | 1050 | 575 | 215 | 89 | 184 | 198 |
| Cash & Bank Balance (INR Cr) | 4447 | 4649 | 7187 | 7025 | 4771 | 919 | 2467 | 1541 | 366 | 460 | 334 | 288 | 58 | 1770 | 41 | 95 |
| Total Debt (INR Cr) | 53611 | 49583 | 55539 | 39557 | 42168 | 56037 | 44161 | 30451 | 16279 | 7306 | 9552 | 7688 | 2047 | 757 | 1295 | 1339 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | 55.9% | 21.8% | 9.7% | 0.2% | 11.7% | 47.0% | 14.4% | 13.1% | 35.0% | - | - | 4.2% | 69.5% | 12.7% | 9.1% |
| Profit As % Of Assets | - | 12.4% | 2.1% | 1.8% | 0.0% | 1.8% | 7.2% | 2.8% | 3.1% | 14.8% | - | - | 0.8% | 100.3% | 16.2% | 11.9% |
| Profit As % Of Networth | - | 32.1% | 5.4% | 3.9% | 0.1% | 5.4% | 19.3% | 8.4% | 7.0% | 24.3% | - | - | 1.0% | 108.9% | 28.6% | 24.0% |
| Interest Cost to EBITDA % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| RONW | - | 6.0% | 5.8% | 4.4% | 0.1% | 6.6% | 23.4% | 7.8% | 7.3% | 2.9% | - | - | 0.7% | 3.9% | 32.0% | 29.0% |
| ROCE | 3.9% | 2.2% | 8.1% | 10.4% | 9.3% | 8.9% | 8.5% | 8.9% | 7.9% | 4.5% | 3.3% | 2.5% | 2.1% | 5.4% | 24.2% | 25.8% |