Piramal Enterprises Ltd. (PEL) stands as a leading Non-Banking Financial Company (NBFC) sanctioned by the Reserve Bank of India (RBI), renowned for its diversified portfolio spanning retail lending, wholesale lending, and fund-based platforms. Boasting assets valued at approximately $10 billion and a widespread presence across 25 states and union territories through over 300 branches, PEL epitomizes robustness in the financial sector. Leveraging cutting-edge artificial intelligence (AI) technology, PEL delivers innovative financial solutions tailored to various industry verticals, fueling its dynamic growth trajectory over three decades. With a strategic focus on both organic and inorganic growth strategies, PEL remains steadfast in its commitment to delivering value and fostering sustainable development in the financial landscape. Through strategic partnerships with esteemed institutions and its flagship fund management arm, Piramal Alternatives, PEL continues to redefine industry standards and drive impactful contributions to India’s financial ecosystem.
Piramal Enterprises Reports Q4 Turnaround with Rs 137 Crore Profit, Announces Merger into Subsidiary
- Profitability Improvement: Piramal Enterprises Ltd (PEL) reported a consolidated net profit of Rs 137 crore for the March quarter, a significant turnaround from the loss of Rs 196 crore in the year-ago period. This improvement was primarily attributed to write-backs on taxation and investments in alternative investment funds.
- Merger Announcement: PEL announced its merger into subsidiary company Piramal Capital and Housing Finance (PCHFL) to meet RBI requirements around mandatory listing for top-tier financiers. The merger aims to simplify the corporate structure and improve governance standards. Shareholders of PFL will receive one share of Piramal Finance for every PEL share they own, along with other benefits.
- Financial Performance: Core net interest income dipped by 10 per cent to Rs 755 crore for the reporting quarter, mainly due to a decline in the legacy book. However, non-interest income increased by 28 per cent to Rs 323 crore, driven by a surge in dividend income. The overall assets under management grew by 8 per cent.
- Revenue Drivers: The company benefitted from favorable tax orders and recoveries from alternative investment fund (AIF) investments, amounting to around Rs 1,200 crore. Additionally, changes in RBI rules resulted in the release of Rs 1,067 crore. Piramal’s retail-to-wholesale mix improved to 70:30, with plans to further increase retail exposure to 75 per cent.
- Future Outlook: Piramal aims to capitalize on opportunities in small business lending, gold-backed lending, and micro-lending. It plans to maintain riskier loans at 25-30 per cent of the retail book. However, it expressed concerns about RBI’s proposed project finance guidelines, warning of potential lending challenges and supply shocks.
How to Purchase Piramal Enterprises Shares in India?
Below are the trading platforms that you can use to purchase Piramal Enterprises shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Piramal Enterprises Share Price Target 2024, 2025 to 2030
Piramal Enterprises Share Price Target 2024
| When | Maximum Price | Minimum Price |
| July 2024 | 941.20 | 818.44 |
| August 2024 | 978.85 | 851.18 |
| September 2024 | 1,018.01 | 885.22 |
| October 2024 | 998.05 | 867.87 |
| November 2024 | 1,037.97 | 902.58 |
| December 2024 | 1,048.35 | 911.61 |
In 2024, Piramal Enterprises shares are projected to reach various highs and lows throughout the year. In July 2024, the maximum price is expected to be ₹941.20, while the minimum price will be ₹818.44. As the year progresses, the prices continue to rise with August seeing a maximum of ₹978.85 and a minimum of ₹851.18. In September, the prices will further increase to a maximum of ₹1,018.01 and a minimum of ₹885.22. October will see prices at ₹998.05 (maximum) and ₹867.87 (minimum), while November will witness a peak at ₹1,037.97 and a low at ₹902.58. By December 2024, Piramal Enterprises shares are anticipated to reach their highest point of ₹1,048.35 and a minimum of ₹911.61.
Piramal Enterprises Share Price Target 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,058.83 | 814.48 |
| February 2025 | 1,069.53 | 822.71 |
| March 2025 | 1,091.99 | 839.99 |
| April 2025 | 1,081.17 | 831.67 |
| May 2025 | 1,049.68 | 807.45 |
| June 2025 | 1,096.92 | 843.78 |
| July 2025 | 1,075.41 | 827.24 |
| August 2025 | 1,108.67 | 852.82 |
| September 2025 | 1,121.98 | 863.06 |
| October 2025 | 1,151.15 | 885.50 |
| November 2025 | 1,179.93 | 907.63 |
| December 2025 | 1,233.02 | 948.48 |
In 2025, Piramal Enterprises shares are anticipated to show notable price fluctuations. Starting from January with a projected maximum of ₹1,058.83 and a minimum of ₹814.48, the prices are expected to vary throughout the year. By December, the share price is forecasted to peak at ₹1,233.02, while the minimum is expected to stabilize around ₹948.48.
Piramal Enterprises Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 1,270.01 | 976.93 |
| February 2026 | 1,238.26 | 952.51 |
| March 2026 | 1,263.03 | 971.56 |
| April 2026 | 1,288.80 | 991.39 |
| May 2026 | 1,276.04 | 981.57 |
| June 2026 | 1,307.94 | 1,006.11 |
| July 2026 | 1,282.30 | 986.38 |
| August 2026 | 1,321.96 | 1,016.89 |
| September 2026 | 1,348.40 | 1,037.23 |
| October 2026 | 1,383.45 | 1,064.20 |
| November 2026 | 1,418.04 | 1,090.80 |
| December 2026 | 1,453.49 | 1,118.07 |
Piramal Enterprises Share Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 1,468.03 | 1,129.25 |
| February 2027 | 1,505.67 | 1,158.21 |
| March 2027 | 1,564.39 | 1,203.38 |
| April 2027 | 1,533.71 | 1,179.78 |
| May 2027 | 1,489.04 | 1,145.42 |
| June 2027 | 1,556.05 | 1,196.96 |
| July 2027 | 1,525.54 | 1,173.49 |
| August 2027 | 1,572.72 | 1,209.79 |
| September 2027 | 1,627.77 | 1,252.13 |
| October 2027 | 1,670.09 | 1,284.68 |
| November 2027 | 1,711.84 | 1,316.80 |
| December 2027 | 1,754.64 | 1,349.72 |
Piramal Enterprises Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 1,674.72 | 1,288.25 |
| February 2028 | 1,717.66 | 1,321.28 |
| March 2028 | 1,784.65 | 1,372.81 |
| April 2028 | 1,749.66 | 1,345.89 |
| May 2028 | 1,698.70 | 1,306.69 |
| June 2028 | 1,775.14 | 1,365.49 |
| July 2028 | 1,740.33 | 1,338.72 |
| August 2028 | 1,794.16 | 1,380.12 |
| September 2028 | 1,856.95 | 1,428.42 |
| October 2028 | 1,905.23 | 1,465.56 |
| November 2028 | 1,952.86 | 1,502.20 |
| December 2028 | 2,001.68 | 1,539.76 |
Piramal Enterprises Share Price Prediction 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 2,041.72 | 1,570.55 |
| February 2029 | 2,094.07 | 1,610.82 |
| March 2029 | 2,175.74 | 1,673.64 |
| April 2029 | 2,133.08 | 1,640.83 |
| May 2029 | 2,070.95 | 1,593.04 |
| June 2029 | 2,164.14 | 1,664.72 |
| July 2029 | 2,121.71 | 1,632.08 |
| August 2029 | 2,187.33 | 1,682.56 |
| September 2029 | 2,263.88 | 1,741.45 |
| October 2029 | 2,322.74 | 1,786.73 |
| November 2029 | 2,380.81 | 1,831.39 |
| December 2029 | 2,440.33 | 1,877.18 |
Piramal Enterprises Share Price Target 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 2,489.14 | 1,914.72 |
| February 2030 | 2,552.96 | 1,963.82 |
| March 2030 | 2,652.53 | 2,040.41 |
| April 2030 | 2,600.52 | 2,000.40 |
| May 2030 | 2,524.78 | 1,942.13 |
| June 2030 | 2,638.39 | 2,029.53 |
| July 2030 | 2,586.66 | 1,989.74 |
| August 2030 | 2,666.66 | 2,051.27 |
| September 2030 | 2,759.99 | 2,123.07 |
| October 2030 | 2,831.75 | 2,178.27 |
| November 2030 | 2,902.54 | 2,232.73 |
| December 2030 | 2,975.11 | 2,288.54 |
Throughout January 2030, Piramal Enterprises’ shares are projected to reach a maximum price of ₹2,489.14 and a minimum price of ₹1,914.72. As the year progresses, fluctuations in prices are expected. By December 2030, the maximum price is anticipated to rise to ₹2,975.11, with the minimum price likely increasing to ₹2,288.54.
Financial Condition of Piramal Enterprises: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Revenue | 13,068 | 12,809 | 7,726 | 8,981 | 10,020 |
| Interest | 5,321 | 4,209 | 4,225 | 3,994 | 4,344 |
| Expenses + | 6,801 | 5,338 | 1,984 | 7,434 | 6,351 |
| Financing Profit | 947 | 3,263 | 1,516 | -2,447 | -675 |
| Financing Margin % | 7% | 25% | 20% | -27% | -7% |
| Other Income + | 1,555 | 754 | 963 | 8,560 | -1,775 |
| Depreciation | 520 | 561 | 74 | 123 | 829 |
| Profit before tax | 1,982 | 3,456 | 2,405 | 5,991 | -3,278 |
| Tax % | 99% | 59% | 17% | -66% | 49% |
| Net Profit + | 21 | 1,413 | 1,999 | 9,969 | -1,684 |
| EPS in Rs | 1.07 | 59.08 | 80.57 | 417.62 | -74.94 |
| Dividend Payout % | 1314% | 56% | 41% | 7% | -13% |
Over the past five years, Piramal Enterprises has navigated through a rollercoaster of financial fluctuations, all values in crore. Beginning from March 2020 to March 2022, the company witnessed a downward trajectory in revenue, plunging to a low of ₹7,726 crore. However, there was a significant rebound, with revenue surging to ₹10,020 crore by March 2024.
In terms of expenses, interest expenses remained relatively stable, showing slight fluctuations over the years. However, other aspects of the financials displayed more pronounced volatility. For instance, financing profit oscillated, with positive figures in March 2020 and March 2021 but turning negative in March 2023 and March 2024.
Other income experienced dramatic swings, ranging from ₹1,555 crore in March 2020 to -₹1,775 crore in March 2024. Similarly, depreciation expenses, while relatively stable initially, witnessed a significant increase in March 2024.
Profit before tax showcased an upward trajectory until March 2023, reaching a peak of ₹5,991 crore, followed by a sharp decline to -₹3,278 crore in March 2024. This decline was mirrored in net profit, which experienced a significant drop in the same period.
Earnings per share (EPS) saw a notable increase from March 2020 to March 2023 before plummeting to a negative value in March 2024. The dividend payout percentage followed an erratic pattern, reaching an unsustainable 1314% in March 2020 and turning negative in March 2024.
Overall, Piramal Enterprises’ financial performance reflects a period of volatility and instability, with various factors contributing to the fluctuations observed across different financial metrics.
FAQS
Can Piramal Enterprises share price reach INR 2000 by 2025?
It is unlikely for the share price of Piramal Enterprises to reach INR 2000 by 2025.
What is Piramal Enterprises share price target for 2025?
Based on our analysis, Piramal Enterprises is anticipated to have a trading range between ₹807.45 and ₹1,233.02 in the year 2025.
What is Piramal Enterprises share price target for 2030?
As per our analysis, Piramal Enterprises share price target for 2030 would be somewhere between ₹1,914.72 and ₹2,975.11.
What are the risks associated with investing in Piramal Enterprises shares?
Like any other investment, investing in Piramal Enterprises shares carries some risks, such as market volatility, regulatory changes, and economic downturns.
How can I invest in Piramal Enterprises shares?
You can invest in Piramal Enterprises shares through a stockbroker, either online or offline. You will need to open a Demat account and trading account to buy and sell shares. We recommend Groww and Paytm Money.
What are the growth prospects of Piramal Enterprises?
Piramal Enterprises has a strong market position, a strong business strategy, and a diverse product portfolio, which can help the company sustain its growth in the future.
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Conclusion
In summary, Piramal Enterprises, a prominent entity within the Piramal Group, showcases strong financial performance across its diversified portfolio, spanning pharmaceuticals, financial services, and real estate. Under visionary leadership and a dedication to ethical business practices, the company has notably reversed its profitability trajectory, achieving a Q4 FY24 profit of ₹137.09 crore, a significant improvement from the previous year’s loss of ₹195.87 crore. Despite modest revenue growth of 1.36% year-over-year, Piramal Enterprises has demonstrated resilience and positive performance trends, with a 2.16% revenue increase from the previous quarter. With its strategic growth approach and commitment to inclusive development, Piramal Enterprises is well-positioned for continued success, offering investors dynamic opportunities for value creation and positive societal impact in the foreseeable future.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading Piramal Enterprises. This post on Piramal Enterprises share price target from 2024 to 2030 is for educational purposes only.
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