PIRAMALFIN
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Forensics
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Piramal Finance To Amalgamate With Three Wholly-Owned Units
March 27 (Reuters) - Piramal Finance Ltd DWNH.M3:
APPROVES AMALGAMATION OF PIRAMAL FINANCE WITH THREE WHOLLY-OWNED SUBSIDIARIES
APPROVES ISSUANCE OF REDEEMABLE NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
NCD ISSUANCE UPTO 150 BILLION RUPEES
Source text: ID:nBSE5XVGf2
Further company coverage: DWNH.M3PIRL.NS
March 27 (Reuters) - Piramal Finance Ltd DWNH.M3:
APPROVES AMALGAMATION OF PIRAMAL FINANCE WITH THREE WHOLLY-OWNED SUBSIDIARIES
APPROVES ISSUANCE OF REDEEMABLE NON-CONVERTIBLE DEBENTURES ON PRIVATE PLACEMENT BASIS
NCD ISSUANCE UPTO 150 BILLION RUPEES
Source text: ID:nBSE5XVGf2
Further company coverage: DWNH.M3PIRL.NS
One Point One Solutions Gets 600 Mln Rupees Three-Year CX Operations Contract With Piramal Finance
March 20 (Reuters) - One Point One Solutions Ltd ONEP.NS:
GETS 600 MILLION RUPEES THREE-YEAR CX OPERATIONS CONTRACT WITH PIRAMAL FINANCE
Source text: ID:nNSE8lF74x
Further company coverage: ONEP.NS
March 20 (Reuters) - One Point One Solutions Ltd ONEP.NS:
GETS 600 MILLION RUPEES THREE-YEAR CX OPERATIONS CONTRACT WITH PIRAMAL FINANCE
Source text: ID:nNSE8lF74x
Further company coverage: ONEP.NS
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What does Piramal Finance do?
Dewan Housing Finance Corporation (DHFL) provides easy access to affordable Housing Finance to realise home-ownership aspirations of millions of Lower and Middle income families in semi-urban and rural India. DHFL offers various loans such as New Home Loans, Plot Loans, Home Construction Loans, Home Loans Balance Transfer, Home Extension, Home Renovation Loans, NIR Home Loans etc. The company offer an easy-to-apply home loan with attractive interest rates, to turn your dream into reality. Company’s housing loan facilities are available for a range of needs such as purchase a home, renovation or expansion of your existing home or purchase a plot of land and build a home.
Who are the competitors of Piramal Finance?
Piramal Finance major competitors are Housing & Urban Dev., LIC Housing Finance, PNB Housing Finance, Aadhar Housing Fin, Sammaan Capital, Can Fin Homes, Home First Finance. Market Cap of Piramal Finance is ₹40,018 Crs. While the median market cap of its peers are ₹19,158 Crs.
Is Piramal Finance financially stable compared to its competitors?
Piramal Finance seems to be less financially stable compared to its competitors. Altman Z score of Piramal Finance is 0.21 and is ranked 8 out of its 8 competitors.
Does Piramal Finance pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Piramal Finance latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How strong is Piramal Finance balance sheet?
Latest balance sheet of Piramal Finance is weak, and historically as well.
Is the profitablity of Piramal Finance improving?
Yes, profit is increasing. The profit of Piramal Finance is ₹789 Crs for TTM, -₹6.65 Crs for Mar 2025 and -₹1,975.28 Crs for Mar 2024.
Is Piramal Finance stock expensive?
Piramal Finance is expensive when considering the PE ratio, however latest Price to Book is < 3 yr avg Price to Book. Latest PE of Piramal Finance is 762 while 3 year average PE is 0.0. Also latest Price to Book of Piramal Finance is 1.46 while 3yr average is 1.7.
Has the share price of Piramal Finance grown faster than its competition?
Piramal Finance has given better returns compared to its competitors. Piramal Finance has grown at ~10573.05% over the last 1yrs while peers have grown at a median rate of 6.4%
Is the promoter bullish about Piramal Finance?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Piramal Finance is 46.16% and last quarter promoter holding is 46.16%.
Are mutual funds buying/selling Piramal Finance?
The mutual fund holding of Piramal Finance is increasing. The current mutual fund holding in Piramal Finance is 9.02% while previous quarter holding is 7.26%.
