Piramal Enterprises Limited

500302

INE140A01024

Consumer Lending

Market Closed - Bombay S.E. Other stock markets 03:00:39 2024-05-18 am EDT			5-day change	1st Jan Change
827.6 ^INR	0.00%		-2.37%	-11.14%

May. 14	Indian non-bank lenders' profitability to moderate in next 12-18 months, Moody's Ratings says	RE
May. 09	Jefferies Adjusts Piramal Enterprises’ Price Target to INR785 From INR775, Keeps at Underperform	MT

Piramal Enterprises Limited Recommends Final Dividend for the Financial Year Ended 31st March, 2024

May 08, 2024 at 06:40 am EDT

Piramal Enterprises Limited recommended a Final Dividend of INR 10 per equity share of face value of INR 2 each (i.e. @ 500%) for the financial year ended 31st March, 2024, which shall be paid/dispatched after the 77th Annual General Meeting, subject To Approve the shareholders of the Company.

Latest news about Piramal Enterprises Limited

Indian non-bank lenders' profitability to moderate in next 12-18 months, Moody's Ratings says	May. 14	RE
Jefferies Adjusts Piramal Enterprises’ Price Target to INR785 From INR775, Keeps at Underperform	May. 09	MT
Piramal Enterprises Swings to Profit in Fiscal Q4; Shares Down 6%	May. 09	MT
Piramal Enterprises Arm Completes Acquisition of 10% Stake in Annapurna Finance	May. 09	MT
India's Piramal Enterprises posts Q4 profit on reversal of AIF provisions	May. 08	RE
Transcript : Piramal Enterprises Limited, Q4 2024 Earnings Call, May 08, 2024	May. 08
Piramal Enterprises Limited Recommends Final Dividend for the Financial Year Ended 31st March, 2024	May. 08	CI
Piramal Enterprises Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended March 31, 2024	May. 08	CI
Rajiv Banerjee Moves from His Position as Group Head - Corporate Communications At Piramal Enterprises Limited	May. 06	CI
Piramal Enterprises Limited Receives Penalty Order from the Office of the Commissioner of Income Tax, Appeal, Mumbai	Apr. 26	CI
Piramal Capital & Housing Finance Limited Receives an Order from the Office of the Principal Commissioner	Apr. 24	CI
Piramal Enterprises Limited Announces Cessation of Mr. Subramanian Ramadorai as Independent Director	Mar. 31	CI
Shriram Ownership Trust agreed to acquire 29.44% stake in Shriram Investment Holdings Limited from Piramal Enterprises Limited and Aprn Enterprises Pvt Ltd.	Mar. 18	CI
Piramal Enterprises Gets Board Nod to Raise Up To INR6 Billion Via Issue of Debentures	Feb. 22	MT
Piramal Enterprises Board to Vote on INR6 Billion Bond Sale Thursday	Feb. 19	MT
Jefferies Adjusts Piramal Enterprises’ Price Target to INR775 From INR855, Keeps at Underperform	Jan. 30	MT
Piramal Enterprises Slips to Consolidated Net Loss in Fiscal Q3	Jan. 30	MT
Transcript : Piramal Enterprises Limited, Q3 2024 Earnings Call, Jan 29, 2024	Jan. 29
India's Piramal Enterprises swings to loss in Q3	Jan. 29	RE
Piramal Enterprises Limited Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Jan. 29	CI
Piramal Enterprises to Exit Shriram Investment Holdings	Jan. 29	CI
Piramal Enterprises to Divest Entire 20% Stake in Shriram Investment for INR14.4 Billion	Jan. 28	MT
Piramal Enterprises Arm to Acquire 10% Stake in Annapurna Finance	Jan. 24	MT
Piramal Enterprises Unit to Buy Office Space in Mumbai	Dec. 27	MT
India's Piramal to provision for AIF exposure as cenbank tightens rules	Dec. 21	RE

Chart Piramal Enterprises Limited

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Company Profile

Piramal Enterprises Limited (PEL) is an India-based company, which is engaged in providing finance. PELâs financial services offer a range of financial products and solutions, with wholesale and retail financing. The wholesale lending business provides financing to real estate developers, as well as corporate. Within retail lending, PEL is engaged in building a multi-product platform and offers home loans, loans for small businesses and loans for working capital to its customers. The Company offers India Resurgence Fund (IndiaRF), the distressed asset investing platform, which invests in equity and/or debt across non-real estate sectors. Its financial services also include alternative assets and investments in Shriram Group. It provides housing finance and other financing solutions, such as private equity, structured debt, senior secured debt, construction finance, and flexi lease rental discounting to real estate sector, and funding solutions to infrastructure, renewable energy.

Sector

Consumer Lending

Calendar

2024-07-31 - Q1 2025 Earnings Release (Projected)

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Ratings for Piramal Enterprises Limited

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

827.6 INR

Average target price

899.3 INR

Spread / Average Target

+8.66%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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Sector Other Consumer Lending

	1st Jan change	Capi.
PIRAMAL ENTERPRISES LIMITED	-11.14%	2.23B
BAJAJ FINANCE LIMITED	-8.05%	49.91B
BAJAJ FINSERV LTD.	-5.83%	30.58B
JIO FINANCIAL SERVICES LIMITED	+55.48%	27.24B
ORIX CORPORATION	+28.65%	25.14B
SYNCHRONY FINANCIAL	+15.06%	17.64B
CHOLAMANDALAM INVESTMENT AND FINANCE COMPANY LIMITED	+1.63%	12.96B
SHRIRAM FINANCE LIMITED	+15.48%	10.7B
MUTHOOT FINANCE LIMITED	+15.38%	8.09B
SOFI TECHNOLOGIES, INC.	-26.83%	7.7B

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