Piramal Finance seeks patient foreign partners for steady growth
Piramal Finance has signaled openness to strategic foreign investment, but with a clear message: any capital should support long-term growth rather than short-term gains. The company is positioning itself to scale deliberately, prioritising sustainable expansion over quick returns.
Ambitious AUM goal for FY28
The firm aims to double its assets under management (AUM) to ₹1.5 trillion by FY28. This target reflects an aggressive growth trajectory while underlining a measured approach to risk and portfolio quality. Doubling AUM in the next few years will rely on steady origination, disciplined credit practices, and selective capital partners.
Where growth will come from
Key areas of focus include:
- Retail loans: Consumer and small-ticket lending to build a diversified, granular loan book.
- Semi-urban markets: Tap underserved regions with rising credit demand and lower competition compared with metro areas.
By scaling retail offerings and expanding into semi-urban pockets, the company expects to lower concentration risk and create a more resilient revenue base.
Why strategic foreign investment matters
Strategic foreign investors can bring more than capital: they often provide risk management expertise, product innovation, and global best practices. Piramal Finance’s emphasis on patient capital suggests it is looking for partners who align with its multi-year vision rather than investors focused on immediate returns.
Implications for customers and markets
If the plan succeeds, customers in semi-urban areas may gain greater access to credit products tailored to their needs. For the broader financial market, a successful scale-up could mean increased competition in retail lending and improved access to diversified financing sources.
Bottom line
Piramal Finance is betting on steady, well-capitalised growth supported by the right kind of foreign partners. With a clear AUM target and a strategy focused on retail and semi-urban expansion, the company aims to build scale while maintaining disciplined underwriting and long-term value creation.