Piramal Enterprises Ltd

Piramal Enterprises Ltd

Fortune 500 2024
+ 14 More
+ 14 More
OVERVIEW
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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.

Incorporation Year: 1947
Headquarters: Mumbai
Top Management: Ajay Piramal serving as its Chairman and Executive Director
Industry: BFSI

Featured In Fortune India Ranking

Fortune 500 India
#239(2024)
#121(2023)
#118(2022)
#110(2021)
#95(2020)
#105(2019)
#131(2018)
#154(2017)
#190(2016)
#156(2015)
#230(2014)
#259(2013)
#326(2012)
#43(2011)
#184(2010)
#239(2024)#121(2023)#118(2022)#110(2021)#95(2020)#105(2019)#131(2018)#154(2017)#190(2016)#156(2015)#230(2014)#259(2013)#326(2012)#43(2011)#184(2010)
Ranking Trend Fortune 500 India

Financial Data 2024

Revenue
10,332
(INR Cr)
Net Operating Income
10,110
(INR Cr)
Assets
80,168
(INR Cr)
Profit
-1,684
(INR Cr)
Net Worth
26,557
(INR Cr)

Fortune India Coverage

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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)
43443994422542095321410029782031959511105057521589184198
Cash & Bank Balance
(INR Cr)
44474649718770254771919246715413664603342885817704195
Total Debt
(INR Cr)
536114958355539395574216856037441613045116279730695527688204775712951339

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
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%