Piramal Finance shares jump 4% as Q2 profit rises 67% YoY to Rs 545 crore, NII jumps 35% YoY
Piramal Finance set out an expansion in a quarterly results development for Q2 FY27.
· Economic Times Markets, ET Stocks
Piramal Finance shares rose nearly 4% after Q2 FY27 net profit surged 67% year-on-year to Rs 545 crore. Assets under management grew 24%, while retail disbursements increased 34%. The company strengthened its capital base, expanded AI adoption, improved operational efficiency, and appointed former SBI Chairman Dinesh Kumar Khara as Independent Director.
Key facts
- Period
- Q2 FY27
The analysis
Piramal Finance reported Rs 545 crore for Q2 FY27, with movement of 4%, 67% and 35% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -2.6% on the day at ₹1,817.00, and has returned -10.4% over three months. It sits 21% below its 52-week high. The financial services sector has moved -14.9% over the same period, so Piramal Finance is running 4.5 points ahead of its peers.
For Piramal Finance, the question is how much of this is already reflected in the price and how much re-rates the financial services peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Governance events hit the valuation multiple, not just the earnings — and the de-rating is usually faster than the recovery.
Market context
- In focus: Piramal Finance (PIRAMALFIN), in Financial Services.
- On the day, 0 of 2 are higher: State Bank of India (SBI) leads at -1.0% and Piramal Finance trails at -2.6%.
- Over three months: Piramal Finance -10.4% against Financial Services -14.9% (4.5 points ahead); State Bank of India (SBI) -6.2% against Banks -6.0% (0.2 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Piramal FinancePIRAMALFIN · Financial Services | ₹1,817.00 | -2.6% | -11.1% | -10.4% | -21.4% | 0.6× | — |
| State Bank of India (SBI)SBIN · Banks | ₹961.85 | -1.0% | +0.2% | -6.2% | -21.7% | 0.9× | — |
Financial Services
1M -8.8% · 3M -14.9%
Piramal Finance
Banks
1M -3.4% · 3M -6.0%
State Bank of India (SBI)
Capital Goods & Engineering
1M -10.9% · 3M -5.3%
Capital Markets
1M -2.9% · 3M -6.3%
Prices as of 30 Oct 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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