Archive · 27 Nov 2025
Piramal Finance Targets ₹1 Lakh Crore AUM by FY26
Piramal Finance is a company that lends money to people and businesses.
They want to grow their total loans (called AUM) to ₹1 lakh crore by the end of the financial year 2026.
Right now, their loans to regular people (retail AUM) are ₹75,000 crore, which is a big increase from a few years ago.
They are also expanding in Telangana and other semi-urban areas because they see a lot of opportunities there.
They use technology and personal service to help people get loans even if they don't have traditional paperwork.
The company has many branches all over India and serves millions of customers.
Piramal Finance aims to cross ₹1 lakh crore in AUM by FY26, with retail AUM already at ₹75,000 crore.
The company's retail disbursements rose 45% during the festive season, driven by demand from semi-urban markets.
Piramal Finance plans to expand in Telangana, targeting an overall AUM of ₹1.5 lakh crore by FY28.
The company serves 5.2 million customers through 517 branches in 428 cities, with a strong presence in Telangana.
Piramal Finance uses more than 45 AI models to strengthen underwriting, collections, and customer experience.
- Who
- Piramal Finance, led by CEO Jagdeep Mallareddy
- What
- Aims to cross ₹1 lakh crore in AUM by FY26 and ₹1.5 lakh crore by FY28
- When
- Target set for FY26 and FY28
- Where
- Expansion focused in Telangana and other semi-urban markets
- Why
- Driven by demand for home, personal, and business loans, especially in semi-urban areas
- Current Retail AUM
- ₹75,000 crore
- Target Retail AUM
- ₹1 lakh crore by FY26
- Overall AUM Target
- ₹1.5 lakh crore by FY28
- Retail AUM Growth
- 3.5x in four years
- Festive Season Growth
- 45% increase in disbursements
- First Half FY26 Growth
- 32% increase
- Branches in Telangana
- 29 branches
- Customers in Telangana
- 51,500 customers
- Total Customers
- 5.2 million
- Branches Nationwide
- 517 branches in 428 cities
- Consolidated AUM Growth
- Nearly doubled from ₹49,000 crore in FY21 to ₹91,477 crore in Q2FY26
- Retail AUM Percentage
- More than 82% of the book
- AI Models
- More than 45 AI models for underwriting, collections, and customer experience