Piramal Enterprises posts Q4 loss of Rs 196 cr on MTM hit of Rs 375 cr
Jairam Sridharan is the Managing Director, Piramal Capital & Housing Finance (PCHFL) told media that the loss on Shriram Investments has partly gone away after March 31, 2023
PIRAMAL ENTERPRISES LTD. - 500302 - Compliance Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015, For Half Year Ended 31St March, 2023
Compliance under Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, for half year ended 31st March, 2023 PIRAMAL ENTERPRISES LTD. - 500302 - Report Of The Joint Statutory Auditors On The Consolidated Financial Results For The Quarter And Year Ended 31St March, 2023
Report of the Joint Statutory Auditors on the consolidated financial results for the quarter and year ended 31st March, 2023 PIRAMAL ENTERPRISES LTD. - 500302 - Audio Recording Of Conference Call On The Audited Financial Results (Standalone And Consolidated) For The Quarter And Year Ended 31St March, 2023
Audio recording of Conference Call on the audited financial results (Standalone and Consolidated) for the quarter and year ended 31st March, 2023 PIRAMAL ENTERPRISES LTD. - 500302 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company PIRAMAL ENTERPRISES LTD. 2 CIN NO. L24110MH1947PLC005719 3 Report filed for FY 2022-2023 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* 2022-23, 2023-24 5 Incremental borrowing done in FY (T)(a) 2111.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 528.00 7 Actual borrowing done through debt securities in FY (T)(c) 860.80 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) Nil 8Quantum of (d), which has been met from (c)(e)* Not Applicable 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* Nil Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)2021-22, 2022-23 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-Bipin SinghDesignation :-Company Secretary Name of the Chief Financial Officer :- Upma Goel Designation : -Chief Financial Officer Date: 05/05/2023 PIRAMAL ENTERPRISES LTD. - 500302 - Corporate Action-Board approves Dividend
Recommendation of Final Dividend for the financial year ended 31st March, 2023 Q4FY23 Quarterly & FY23 Annual Result Announced for Piramal Enterprises Ltd.
Finance firm Piramal Enterprises announced Q4FY23 & FY23 results: PAT for FY23 grew 5% YoY to Rs 1,902 crore PAT for Q4FY23 stood at Rs (196) crore, led by MTM loss of Rs 375 crore on Shriram investments. The Board has recommended a dividend of Rs 31 per share, subject to shareholders’ approval at the AGM; the total dividend pay-out would be Rs 740 crore Strong consolidated net worth of Rs 31,059 crore for FY23 with Capital Adequacy Ratio of 31% on consolidated balance sheet. Cash and liquid investments of Rs 7,430 crore (9% of Total Assets). GNPA ratio reduced to 3.8% in Q4 FY23 from 4% in Q3FY23. Total provisions as a % of Total AUM now stands at 6.2% in Q4FY23. Average borrowing cost for FY23 reduced to 8.6% from 9.6% in FY22. Ajay Piramal, Chairman, Piramal Enterprises Ltd., said, “We are pleased with our resilient performance amid macroeconomic and geopolitical headwinds. India continues to remain a relative “bright spot” in the world and will likely contribute significantly to global growth in the coming years. In Retail, we have achieved substantial growth and this business now contributes to 50% of our AUM. We are consciously pivoting to a technology-led multi-product strategy to continue building a large diversified NBFC. As we continue to expand our retail lending business, we are also investing in manpower, branch infrastructure, technology and analytics for its future growth. In Wholesale, we have reduced our Wholesale 1.0* AUM by 33% YoY. Our Stage 2 + 3 AUM has reduced by 39% QoQ and we are focused on further bringing these down. We remain focused on ensuring sustained value creation for all stakeholders.” Result PDF PIRAMAL ENTERPRISES LTD. - 500302 - Announcement under Regulation 30 (LODR)-Investor Presentation
Investor Presentation - Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended 31st March, 2023 PIRAMAL ENTERPRISES LTD. - 500302 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release and Investor Presentation - Audited Financial Results (Standalone & Consolidated) of the Company for the quarter and year ended 31st March, 2023 PIRAMAL ENTERPRISES LTD. - 500302 - Audited Financial Results (Standalone & Consolidated) For The Quarter And Year Ended 31St March, 2023
Audited Financial Results (Standalone & Consolidated) for the quarter and year ended 31st March, 2023