Archive · 7 Nov 2025
Piramal Finance CEO Confident of Growth Amid Festive Lending Boom
The CEO of Piramal Finance, Jairam Sridharan, is happy because the company is growing a lot, especially in lending money to regular people.
They had a great start to the year, with their main business growing by almost 35%!
During the recent holiday season, they lent out 45% more money than last year.
Their total amount of loans given out is now over 85,000 crore rupees.
This growth is happening because many people want loans for homes, using their property as collateral, and personal loans.
The CEO also mentioned that Piramal Finance doesn't face as much competition as other companies that focus on big city loans, because they lend to people in smaller towns and cities.
Their profit margins are also getting better and are expected to increase even more.
They plan to offer more loans that don't require collateral, which should also help them make more money.
The CEO feels that companies like Piramal Finance are doing well because of good government support and expects this trend to continue.
Piramal Finance CEO Jairam Sridharan reports strong growth, with consolidated expansion above 20% and core business growth near 35% in the first half.
Festive season loan disbursements increased by 45% year-on-year in October.
The company's total loan book now exceeds ₹85,000 crore, driven by retail segments like affordable housing and personal loans.
Piramal Finance targets smaller borrowers in semi-urban and middle India, experiencing less margin pressure than some prime housing segment competitors.
CEO Sridharan expects net interest margins to exceed 7% within 12-18 months and is optimistic about the overall NBFC sector's growth prospects.
- Who
- Piramal Finance, led by CEO Jairam Sridharan
- What
- Reporting strong growth momentum, particularly in retail lending and festive season disbursements, and expressing confidence in meeting full-year guidance and sector growth.
- When
- First half of the year and continuing into October, with outlook for the next 12-18 months.
- Where
- Across its retail lending portfolio, focusing on semi-urban and middle India.
- Why
- Driven by robust demand in affordable housing, loans against property, digital lending, personal loans, a favourable product mix, lower funding costs, and positive policy tailwinds for NBFCs.
CEO Statement
Market Context
Growth & Margin Pressure
CEO Statement
Piramal Finance CEO Jairam Sridharan reports strong consolidated growth above 20% and core business expansion of nearly 35% in the first half, with festive disbursements up 45% year-on-year. He notes they are not experiencing the same competitive intensity in their target market of semi-urban and middle India as some peers facing margin pressures in prime housing.
Market Context
While Piramal Finance claims robust growth and stable margins due to its focus on smaller borrowers in semi-urban and middle India, some other financial institutions are reportedly facing margin pressures in the prime housing segment.
NBFC Sector Outlook
CEO Statement
Piramal Finance CEO Jairam Sridharan believes NBFCs are well-positioned to benefit from policy tailwinds and anticipates sustained growth momentum for the sector.
Market Context
The article implies that the positive performance and strategic positioning of Piramal Finance, as detailed by its CEO, exemplify the broader positive trend and policy tailwinds benefiting the NBFC sector.
- CEO
- Jairam Sridharan
- Consolidated Growth (First Half)
- Above 20%
- Core Business Expansion (First Half)
- Nearly 35%
- Festive Season Disbursements Growth (YoY)
- 45%
- Total Book Size
- Exceeds ₹85,000 crore
- Average Loan Yields
- 11.7% - 11.9%
- Net Interest Margins (NIMs)
- Nearly 6% (expected to cross 7% in 12-18 months)
- Return on Assets (RoA)
- 1.7% (medium-term goal 2.5-3%)
