Piramal Finance has total outstanding borrowings of approximately Rs 75,000 crore and raised nearly Rs 21,000 crore in long-term funding in FY25. Classified by the Reserve Bank of India (RBI) as an Upper Layer NBFC, the company is among the fastest-growing large NBFCs, the company's AUM (excluding legacy business) growing at a 40% CAGR over the last four years to about Rs 86,000 crore. The total AUM at Rs 91,000 crore. The AA+/Stable rating significantly expands Piramal Finance's addressable long-term funding market and is expected to support its plans to scale AUM to over Rs 1.5 lakh crore by FY28, while continued improvement in profitability.
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