- Total income
- ₹10,748 Cr
- Profit
- ₹485 Cr
About Piramal Group
Piramal Group is a publicly listed company based in Mumbai (India) founded in 1984. Multinational conglomerate with diverse interests in Pharma, Financial Services and Real Estate. The company has 16,400 employees. Piramal Group has completed 8 acquisitions, including Ash Stevens, Biosyntech and Coldstream Labs. Its chief executive, as recorded, is Peter De Young. Its website piramal.com draws about 47 thousand monthly visits. Its Indian entity Piramal Pharma Limited reported revenue of βΉ9,161 Cr. Piramal Group offers products and services including Housing Finance, Pharma Solutions, and Realty Development. Its focus areas include Biopharma Outsourcing, CDMO and Diversified. Its competitors include Syngene and Panacea Biotec; 1 of its 2 listed competitors has raised funding.
Company details
Founded in 1984 and headquartered in Mumbai, India, Piramal Group maintains a multinational presence across pharmaceuticals, healthcare services, life sciences, specialty glass packaging, and real estate sectors. Subsidiaries such as Piramal Healthcare, Piramal Capital, Decision Resources Group, Piramal Glass, Piramal Realty, and Piramal Foundation are included. Contract development and manufacturing solutions for first-in-class drugs, generics, and antibody drug conjugates are provided to pharma and biotech firms.
Piramal Group is ranked #246 on the Fortune India 500 (2025).
Recognitions & Rankings of Piramal Group
- Headquarters Mumbai, India
- Employees 16,400
- Stage Public
- SectorsHealthcare
- Website category Health · Biotechnology and Pharmaceuticals
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website piramal.com
- Social LinkedIn X Facebook
- Legal Name Piramal Enterprises Ltd.
- Market Cap₹25,438 Cr
PPLPHARMA · NSE
- Share Price₹195.17
+2.15% today
- Revenue₹8,869 Cr
FY 2025-26 · -3.1% YoY
- EBITDA₹704 Cr
Margin 7.9%
- Net Profit−₹312 Cr
FY 2025-26 · -451.5% YoY
- ROE-3.8%
ROCE 2.5%
- Debt / Equity0.65
Interest cover -267.9x
- InvestorsThe Carlyle Group
& 2 more
- Employee Count16,400
- Investments & AcquisitionsAsh Stevens
& 7 more
Associated legal entities of Piramal Group
Piramal Group is associated with 20 registered companies on The Company Check; the primary company is Piramal Pharma Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Piramal Pharma Limited Listed CIN L24297MH2020PLC338592 | Active | 04 Mar 2020 | Mumbai, Maharashtra | ₹9,161 Cr | 3,851 | 11 | View details |
| Viridis Power Partners Llp CIN AAU-8602 | Strike Off | 27 Nov 2020 | Mumbai, Maharashtra | 2 | View details | ||
| Brickex Advisors Private Limited CIN U74120MH2012PTC225638 | Amalgamated | 02 Jan 2012 | Mumbai, Maharashtra | ₹29.0 Cr | 175 | 2 | View details |
| Piramal Corporate Services Private Limited CIN U74110MH1989PTC051127 | Active | 27 Mar 1989 | Mumbai, Maharashtra | ₹340 Cr | 21 | 3 | View details |
| Piramal Metals Private Limited CIN U74120MH2012PTC233000 | Active | 05 Jul 2012 | Mumbai, Maharashtra | ₹324 Cr | 2 | View details | |
| Piramal Natural Resources Private Limited CIN U74900MH2012PTC232637 | Amalgamated | 27 Jun 2012 | Mumbai, Maharashtra | ₹477 Cr | 2 | View details | |
| Piramal Glass Private Limited CIN U28992MH1998PTC113433 | Active | 06 Feb 1998 | Mumbai, Maharashtra, India | View details | |||
| Piramal Sons Private Limited CIN U51101MH1955PTC009672 | Active | 07 Nov 1955 | Mumbai, Maharashtra, India | View details | |||
| Piramal Systems & Technologies Private Limited CIN U93030MH2011PTC218110 | Active | 31 May 2011 | Mumbai, Maharashtra, India | View details | |||
| Pdl Realty Private Limited CIN U45400MH2011PTC216689 | Active | 26 Apr 2011 | Mumbai, Maharashtra, India | View details | |||
| Prl Developers Private Limited CIN U45400MH2011PTC216545 | Active | 21 Apr 2011 | Mumbai, Maharashtra, India | View details | |||
| Piramal Residences Private Limited CIN U45400MH2011PTC216463 | Active | 20 Apr 2011 | Mumbai, Maharashtra, India | View details | |||
| Piramal Projects & Constructions Private Limited CIN U45400MH2011PTC214114 | Amalgamated | 26 Feb 2011 | Mumbai, Maharashtra, India | View details | |||
| Piramal Chemtech And Fertilizers Private Limited CIN U24100MH2012PTC229007 | Strike Off | 30 Mar 2012 | Mumbai, Maharashtra, India | View details | |||
| Piramal Higher Education Private Limited CIN U80904MH2012PTC228464 | Strike Off | 20 Mar 2012 | Mumbai, Maharashtra, India | View details | |||
| Piramal Estates Private Limited CIN U17100MH1999PTC122652 | Active | 15 Nov 1999 | Mumbai, Maharashtra, India | View details | |||
| Kosamba Glass Deco Private Limited CIN U36912MH2011PTC221397 | Active | 29 Aug 2011 | Mumbai, Maharashtra, India | View details | |||
| Piramal Agriculture Private Limited CIN U01403MH2012PTC235224 | Strike Off | 31 Aug 2012 | Mumbai, Maharashtra, India | View details | |||
| Piramal Securities Limited CIN U74999MH2018PLC310476 | Active | 07 Jun 2018 | Lower Parel, Mumbai, Maharashtra, India | View details | |||
| Piramal Enterprises Limited CIN L74100MH1991PLC063332 | Amalgamated | 19 Sep 1991 | Mumbai, Maharashtra, India | $1.2B | View details |
Products & Services of Piramal Group
Piramal Group offers a comprehensive portfolio of products and services, including Housing Finance, Pharma Solutions, and Realty Development.
Provides loans and financing for housing needs
Offers manufacturing and distribution of pharmaceutical products
Focuses on property development and community projects
Funding Insights of Piramal Group
- Total Rounds 5
- Investors Count 3
All 5 funding rounds of Piramal Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2020 | Post-IPO | β | β | ||
| Dec 2019 | $24.62M | Post-IPO | β | β | |
| Oct 2019 | $250M | Post-IPO | β | β | |
| Aug 2015 | $156.15M | Post-IPO | β | β | β |
| Jan 2011 | Grant | β | β |
3 investors in total: 3 institutional.
Investors in Piramal Group
Piramal Group has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include The Carlyle Group, Caisse de depot et placement du Quebec and Department of Biotechnology.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment strategies are provided across diverse asset classes and markets. | 1965 | cdpq.com | Quebec City, Canada | |
Private equity investments are directed toward multiple sectors. | 1986 | carlyle.com | ||
Biotechnology research, guidelines, and funding by the Government of India. | 1986 | dbtindia.gov.in | Delhi, India |
Investor details for Piramal Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Piramal Pharma Limited (Piramal Group)
Piramal Pharma Limited is the primary company behind Piramal Group. The boards of the 6 registered companies of Piramal Group currently have 18 directors; the longest-serving is Sunilkumar Jagdishprasad Adukia, appointed in 2014. 40 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sunilkumar Jagdishprasad Adukia DIN 00020049 | Director | 27 Nov 2014 | 11 yrs 10 mo | Piramal Corporate Services Private Limited |
| Vandana Jitendra Chablani DIN 03603877 | Director | 14 Sep 2015 | 11 yrs 1 mo | Piramal Metals Private Limited, Piramal Natural Resources Private Limited |
| Kshitish Shreekant Bapat DIN 07480212 | Director | 17 Nov 2016 | 9 yrs 11 mo | Brickex Advisors Private Limited |
| Anand Ajay Piramal DIN 00286085 | Director | 13 Jun 2018 | 8 yrs 4 mo | Piramal Corporate Services Private Limited |
| Peter D Deyoung DIN 07152550 | Whole-time director | 04 Mar 2020 | 6 yrs 7 mo | Piramal Pharma Limited |
| Nandini Ajay Piramal DIN 00286092 | Whole-time director | 04 Mar 2020 | 6 yrs 7 mo | Piramal Pharma Limited |
| Ramadorai Subramanian DIN 00000002 | Director | 09 Feb 2021 | 5 yrs 8 mo | Piramal Pharma Limited |
| Jairaj Manohar Purandare DIN 00159886 | Director | 09 Feb 2021 | 5 yrs 8 mo | Piramal Pharma Limited |
| Sarita Shrinivas Iyer DIN 07328713 | Director | 23 Aug 2021 | 5 yrs 2 mo | Piramal Metals Private Limited, Piramal Natural Resources Private Limited |
| Vivek Valsaraj DIN 06970246 | Whole-time director | 09 Feb 2022 | 4 yrs 8 mo | Piramal Pharma Limited |
| Sridhar Gorthi DIN 00035824 | Director | 30 Mar 2022 | 4 yrs 6 mo | Piramal Pharma Limited |
| Peter Andrew Stevenson DIN 09544706 | Director | 30 Mar 2022 | 4 yrs 6 mo | Piramal Pharma Limited |
| Anuj Jitendra Mehta DIN 00002922 | Director | 12 Jul 2022 | 4 yrs 3 mo | Brickex Advisors Private Limited |
| Vibha Paul Rishi DIN 05180796 | Director | 30 Aug 2022 | 4 yrs 1 mo | Piramal Pharma Limited |
| Vaishali Jethwa DIN 08937198 | Designated Partner | 01 Aug 2023 | 3 yrs 2 mo | Viridis Power Partners Llp |
| Bipin Singh DIN 00058068 | Designated Partner | 01 Aug 2023 | 3 yrs 2 mo | Viridis Power Partners Llp |
| Nathalie Ann Leitch DIN 09557042 | Director | 28 Jan 2025 | 1 yr 8 mo | Piramal Pharma Limited |
| Amit Jain DIN 06917608 | Director | 14 May 2025 | 1 yr 5 mo | Piramal Pharma Limited |
People of Piramal Group
94 people are tracked at Piramal Group (37 in leadership, 12 in board & advisors, 45 in team); the tracked headcount is 16,400.
| Name | Role | Group |
|---|---|---|
Peter De Young | CEO | Leadership |
| CEO & Managing Director | Leadership | |
| Chairman & Executive Director | Leadership | |
| Executive Director, Piramal Group | Leadership | |
Rupen Jhaveri | Group President, Piramal Enterprises Limited | Leadership |
Pratik Upadhayay | Vice President | Leadership |
Jairam Sridharan | Managing Director, Piramal Capital & Housing Finance Limited | Leadership |
Lalit Ostwal | Head - Group Treasury | Leadership |
Amol Pande | Associate General Manager-projects | Leadership |
Yesh Nadkarni | CEO, Wholesale Lending, Piramal Capital & Housing Finance Ltd (PCHFL) | Leadership |
Upma Goel | CFO, Piramal Enterprises Limited | Leadership |
Rajendra Mali | Vice President-head Manufacturing PCC | Leadership |
Harinder Sikka | Group Director | Leadership |
Ambrish Ajit Samant | Chief Manager | Leadership |
Jatin Unadkat | Business Finance And BU Head | Leadership |
Indushekhar Vora | Group President - Corporate Projects | Leadership |
Aakash Agrawal | Head Strategy And Chairman's Office - Piramal Enterprises | Leadership |
Vaibhav Kulkarni | General Manager Information Technology | Leadership |
Mahendra Dhage | General Manager Corp. Projects, Piramal Healthcare Ltd. | Leadership |
Amit Goyal | General Manager Finance | Leadership |
74 more people are available in the full profile.
Complete people profiles for Piramal Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Piramal Group
Piramal Group is a publicly listed company on the NSE with ticker symbol PPLPHARMA in India, operating in the Health technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date19 Oct 2022
- Listed onNSE: PPLPHARMA
- Listed entityPiramal Pharma Limited
- Exchange sectorHealth technology
- Share price₹1,124.20 (+0.18% on the day) · 2025-09-29
- Market capitalisation₹24,235 Cr
- Price to earnings44.1
- EPS (diluted, trailing year)₹25.47
- Dividend yield0.98%
- Volume (last session)2,148,582
- Analyst consensusNeutral
Financials of Piramal Group
Exchange-reported figures of Piramal Pharma Limited, the listed company behind Piramal Group (NSE: PPLPHARMA).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 8,869 | 9,151 | 8,171 | 7,082 | 6,559 | 6,315 |
| Revenue growth | -3.1% | +12.0% | +15.4% | +8.0% | +3.9% | - |
| EBITDA | 704 | 1,445 | 1,133 | 621 | 935 | 1,428 |
| EBITDA margin | +7.9% | +15.8% | +13.9% | +8.8% | +14.3% | +22.6% |
| Profit before tax | (176) | 415 | 179 | (120) | 485 | 949 |
| Net profit | (312) | 88.82 | 15.83 | (186) | 384 | 818 |
| Net profit margin | -3.5% | +1.0% | +0.2% | -2.6% | +5.9% | +13.0% |
| EPS (βΉ) | (2.46) | 0.69 | 0.13 | (1.56) | 3.17 | 8.40 |
| Balance sheet | ||||||
| Total assets | 14,088 | 13,206 | 12,822 | 12,612 | 10,991 | 8,780 |
| Net worth | 8,163 | 8,125 | 7,911 | 6,774 | 6,697 | 5,605 |
| Total debt | 5,675 | 4,856 | 4,710 | 5,637 | 4,128 | 3,025 |
| Cash & bank | 1,224 | 501 | 483 | 308 | 329 | 406 |
| Net working capital | 3,541 | 3,554 | 3,059 | 2,717 | 2,403 | 1,751 |
| Cash flow | ||||||
| Cash from operations | 1,653 | 892 | 1,005 | 484 | 766 | 598 |
| Cash from investing | (820) | (488) | (416) | (1,334) | (1,737) | (4,464) |
| Cash from financing | (38.98) | (441) | (422) | 818 | 794 | 3,977 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,270 | 2,752 | 2,140 | 2,044 | 1,934 | 2,754 | 2,204 | 2,242 |
| Revenue growth (YoY) | +17.4% | -0.1% | -2.9% | -8.8% | -0.9% | - | - | - |
| Other income | 109 | 59.63 | 53.50 | 80.39 | 97.71 | 58.25 | 29.18 | 78.37 |
| EBITDA | 195 | 285 | 155 | 159 | 107 | 561 | 338 | 342 |
| EBITDA margin | +8.6% | +10.3% | +7.2% | +7.8% | +5.5% | +20.4% | +15.3% | +15.2% |
| Depreciation | 224 | 218 | 213 | 203 | 197 | 243 | 197 | 192 |
| Interest | 88.08 | 82.99 | 89.24 | 82.42 | 86.15 | 104 | 103 | 108 |
| Profit before tax | (7.46) | 43.00 | (93.86) | (46.18) | (79.02) | 273 | 66.80 | 120 |
| Tax | 61.93 | 51.83 | 42.33 | 53.04 | 2.68 | 119 | 63.12 | 97.53 |
| Net profit | (69.39) | (8.83) | (136) | (99.22) | (81.70) | 154 | 3.68 | 22.59 |
| EPS (βΉ) | (0.52) | (0.07) | (1.03) | (0.75) | (0.62) | 1.16 | 0.03 | 0.17 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 4,782 | 5,286 | 4,390 | 3,443 | 3,340 | 2,939 |
| Revenue growth | -9.5% | +20.4% | +27.5% | +3.1% | +13.7% | - |
| EBITDA | 549 | 1,040 | 618 | 90.57 | 460 | 619 |
| EBITDA margin | +11.5% | +19.7% | +14.1% | +2.6% | +13.8% | +21.1% |
| Profit before tax | 877 | 911 | 508 | 124 | 462 | 687 |
| Net profit | 768 | 689 | 388 | 72.64 | 378 | 556 |
| Net profit margin | +16.1% | +13.0% | +8.8% | +2.1% | +11.3% | +18.9% |
| EPS (βΉ) | 5.27 | 5.22 | 2.96 | 0.58 | 3.10 | 5.75 |
| Balance sheet | ||||||
| Total assets | 9,022 | 8,744 | 7,921 | 6,936 | 6,300 | 4,281 |
| Net worth | 8,141 | 7,453 | 6,712 | 5,262 | 5,123 | 4,101 |
| Total debt | 786 | 1,243 | 1,177 | 1,649 | 1,164 | 174 |
| Cash & bank | 574 | 178 | 242 | 64.16 | 137 | 152 |
| Net working capital | 1,842 | 2,101 | 1,797 | 1,337 | 1,166 | 463 |
| Cash flow | ||||||
| Cash from operations | 1,328 | 549 | 358 | 71.52 | 249 | 34.72 |
| Cash from investing | (318) | (552) | (635) | (435) | (1,165) | (4,383) |
| Cash from financing | (615) | (61.74) | 451 | 290 | 896 | 4,494 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,125 | 1,489 | 1,196 | 1,127 | 970 | 1,690 | 1,248 | 1,284 |
| Revenue growth (YoY) | +16.0% | -11.9% | -4.2% | -12.2% | -8.8% | - | - | - |
| Other income | 115 | 184 | 96.15 | 202 | 181 | 39.51 | 24.70 | 106 |
| Total expenses | 1,008 | 1,251 | 1,056 | 1,000 | 926 | 1,273 | 1,029 | 1,032 |
| EBITDA | 117 | 238 | 140 | 127 | 44.33 | 417 | 219 | 253 |
| EBITDA margin | +10.4% | +16.0% | +11.7% | +11.3% | +4.6% | +24.7% | +17.6% | +19.7% |
| Depreciation | 65.73 | 70.12 | 64.69 | 61.25 | 59.44 | 61.17 | 55.46 | 53.61 |
| Interest | 16.36 | 19.50 | 16.84 | 20.38 | 23.23 | 30.56 | 29.17 | 29.95 |
| Profit before tax | 149 | 332 | 155 | 247 | 143 | 364 | 159 | 276 |
| Tax | 36.00 | 70.22 | 26.02 | 51.08 | 29.44 | 87.09 | 40.61 | 65.65 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,270 | 2,752 | 2,140 | 2,044 | 1,934 | 2,754 | 2,204 | 2,242 |
| Revenue growth (YoY) | +17.4% | -0.1% | -2.9% | -8.8% | -0.9% | - | - | - |
| Other income | 109 | 59.63 | 53.50 | 80.39 | 97.71 | 58.25 | 29.18 | 78.37 |
| EBITDA | 195 | 285 | 155 | 159 | 107 | 561 | 338 | 342 |
| EBITDA margin | +8.6% | +10.3% | +7.2% | +7.8% | +5.5% | +20.4% | +15.3% | +15.2% |
| Depreciation | 224 | 218 | 213 | 203 | 197 | 243 | 197 | 192 |
| Interest | 88.08 | 82.99 | 89.24 | 82.42 | 86.15 | 104 | 103 | 108 |
| Profit before tax | (7.46) | 43.00 | (93.86) | (46.18) | (79.02) | 273 | 66.80 | 120 |
| Tax | 61.93 | 51.83 | 42.33 | 53.04 | 2.68 | 119 | 63.12 | 97.53 |
| Net profit | (69.39) | (8.83) | (136) | (99.22) | (81.70) | 154 | 3.68 | 22.59 |
| EPS (βΉ) | (0.52) | (0.07) | (1.03) | (0.75) | (0.62) | 1.16 | 0.03 | 0.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 8,869 | 9,151 | 8,171 | 7,082 | 6,559 | 6,315 |
| Revenue growth | -3.1% | +12.0% | +15.4% | +8.0% | +3.9% | - |
| Other income | 292 | 208 | 235 | 279 | 335 | 230 |
| Total expenses | 8,165 | 7,706 | 7,038 | 6,460 | 5,625 | 4,887 |
| Employee cost | 2,416 | 2,307 | 2,030 | 1,896 | 1,589 | 1,468 |
| EBITDA | 704 | 1,445 | 1,133 | 621 | 935 | 1,428 |
| EBITDA margin | +7.9% | +15.8% | +13.9% | +8.8% | +14.3% | +22.6% |
| Depreciation | 831 | 816 | 741 | 677 | 586 | 545 |
| Interest | 341 | 422 | 448 | 344 | 198 | 163 |
| Profit before tax | (176) | 415 | 179 | (120) | 485 | 949 |
| Tax | 150 | 324 | 161 | 66.31 | 109 | 114 |
| Net profit | (312) | 88.82 | 15.83 | (186) | 384 | 818 |
| Net profit margin | -3.5% | +1.0% | +0.2% | -2.6% | +5.9% | +13.0% |
| EPS (βΉ) | (2.46) | 0.69 | 0.13 | (1.56) | 3.17 | 8.40 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 1,327 | 1,324 | 1,323 | 1,193 | 1,186 | 995 |
| Reserves & surplus | 6,835 | 6,801 | 6,588 | 5,580 | 5,511 | 4,610 |
| Shareholders' funds (net worth) | 8,163 | 8,125 | 7,911 | 6,774 | 6,697 | 5,605 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 5,470 | 4,590 | 4,536 | 5,497 | 3,981 | 2,601 |
| Unsecured loans | 204 | 266 | 174 | 140 | 146 | 424 |
| Total debt | 5,675 | 4,856 | 4,710 | 5,637 | 4,128 | 3,025 |
| Total liabilities | 14,088 | 13,206 | 12,822 | 12,612 | 10,991 | 8,780 |
| Assets | ||||||
| Gross block | 14,829 | 13,077 | 12,099 | 10,842 | 9,510 | 8,153 |
| Net block | 8,684 | 8,133 | 7,990 | 7,469 | 6,879 | 6,105 |
| Capital work in progress | 1,100 | 977 | 1,116 | 1,419 | 1,172 | 627 |
| Investments | 437 | 291 | 385 | 639 | 267 | 123 |
| Inventories | 3,064 | 2,313 | 2,176 | 1,681 | 1,389 | 1,232 |
| Sundry debtors | 2,158 | 2,350 | 2,134 | 1,799 | 1,785 | 1,575 |
| Cash & bank balances | 1,224 | 501 | 483 | 308 | 329 | 406 |
| Loans & advances | 614 | 614 | 527 | 620 | 514 | 436 |
| Total current assets | 7,060 | 5,777 | 5,320 | 4,408 | 4,017 | 3,649 |
| Total current liabilities | 3,519 | 2,223 | 2,261 | 1,691 | 1,614 | 1,898 |
| Net working capital | 3,541 | 3,554 | 3,059 | 2,717 | 2,403 | 1,751 |
| Total assets | 14,088 | 13,206 | 12,822 | 12,612 | 10,991 | 8,780 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 182 | 219 | 53.23 | 85.18 | 262 | 152 |
| Net cash from operating activities | 1,653 | 892 | 1,005 | 484 | 766 | 598 |
| Net cash from investing activities | (820) | (488) | (416) | (1,334) | (1,737) | (4,464) |
| Net cash from financing activities | (38.98) | (441) | (422) | 818 | 794 | 3,977 |
| Net change in cash | 794 | (36.87) | 166 | (31.95) | (177) | 110 |
| Closing cash | 1,224 | 501 | 483 | 308 | 329 | 406 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -3.1% | +12.0% | +15.4% | +8.0% | +3.9% | - |
| EBITDA growth | -51.3% | +27.5% | +82.4% | -33.5% | -34.6% | - |
| PBT growth | - | +131.3% | +9998.0% | - | -48.9% | +9997.0% |
| Net income growth | -451.5% | +461.1% | +108.5% | -148.4% | -53.0% | - |
| Revenue CAGR (3Y) | +7.8% | +11.7% | +9.0% | - | - | - |
| EBITDA CAGR (3Y) | +4.3% | +15.6% | -7.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | -3.7% | +1.0% | +0.2% | -2.6% | +5.7% | +13.2% |
| Return on capital employed | +2.5% | +6.4% | +5.4% | +1.9% | +6.9% | +12.7% |
| Return on net worth | -3.8% | +1.1% | +0.2% | -2.8% | +6.1% | +14.9% |
| Debt / equity | 0.65 | 0.60 | 0.70 | 0.72 | 0.58 | 0.54 |
| Long-term debt / equity | 0.48 | 0.37 | 0.41 | 0.46 | 0.42 | 0.43 |
| Interest cover | -267.95 | 67.08 | 114.15 | -621.15 | 56.90 | 18.51 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 0.64 | 0.73 | 0.71 | 0.70 | 0.74 | 0.77 |
| Inventory turnover | 3.30 | 4.08 | 4.24 | 4.61 | 5.01 | 5.13 |
| Debtors turnover | 3.94 | 4.08 | 4.15 | 3.95 | 3.90 | 4.01 |
| EPS (βΉ) | (2.46) | 0.69 | 0.13 | (1.56) | 3.17 | 8.40 |
| Dividend per share (βΉ) | 0.00 | 0.14 | 0.11 | 0.00 | 0.56 | 0.00 |
| Book value per share (βΉ) | 61.50 | 61.35 | 59.80 | 56.76 | 56.47 | 56.35 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,125 | 1,489 | 1,196 | 1,127 | 970 | 1,690 | 1,248 | 1,284 |
| Revenue growth (YoY) | +16.0% | -11.9% | -4.2% | -12.2% | -8.8% | - | - | - |
| Other income | 115 | 184 | 96.15 | 202 | 181 | 39.51 | 24.70 | 106 |
| Total expenses | 1,008 | 1,251 | 1,056 | 1,000 | 926 | 1,273 | 1,029 | 1,032 |
| EBITDA | 117 | 238 | 140 | 127 | 44.33 | 417 | 219 | 253 |
| EBITDA margin | +10.4% | +16.0% | +11.7% | +11.3% | +4.6% | +24.7% | +17.6% | +19.7% |
| Depreciation | 65.73 | 70.12 | 64.69 | 61.25 | 59.44 | 61.17 | 55.46 | 53.61 |
| Interest | 16.36 | 19.50 | 16.84 | 20.38 | 23.23 | 30.56 | 29.17 | 29.95 |
| Profit before tax | 149 | 332 | 155 | 247 | 143 | 364 | 159 | 276 |
| Tax | 36.00 | 70.22 | 26.02 | 51.08 | 29.44 | 87.09 | 40.61 | 65.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Revenue | 4,782 | 5,286 | 4,390 | 3,443 | 3,340 | 2,939 |
| Revenue growth | -9.5% | +20.4% | +27.5% | +3.1% | +13.7% | - |
| Other income | 663 | 207 | 202 | 341 | 225 | 216 |
| Total expenses | 4,233 | 4,245 | 3,772 | 3,353 | 2,880 | 2,320 |
| Employee cost | 745 | 736 | 614 | 548 | 448 | 395 |
| EBITDA | 549 | 1,040 | 618 | 90.57 | 460 | 619 |
| EBITDA margin | +11.5% | +19.7% | +14.1% | +2.6% | +13.8% | +21.1% |
| Depreciation | 256 | 222 | 205 | 192 | 165 | 144 |
| Interest | 79.95 | 115 | 107 | 116 | 57.29 | 4.71 |
| Profit before tax | 877 | 911 | 508 | 124 | 462 | 687 |
| Tax | 177 | 220 | 116 | 54.19 | 94.79 | 115 |
| Net profit | 768 | 689 | 388 | 72.64 | 378 | 556 |
| Net profit margin | +16.1% | +13.0% | +8.8% | +2.1% | +11.3% | +18.9% |
| EPS (βΉ) | 5.27 | 5.22 | 2.96 | 0.58 | 3.10 | 5.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 1,327 | 1,324 | 1,323 | 1,193 | 1,186 | 995 |
| Reserves & surplus | 6,814 | 6,128 | 5,389 | 4,068 | 3,937 | 3,106 |
| Shareholders' funds (net worth) | 8,141 | 7,453 | 6,712 | 5,262 | 5,123 | 4,101 |
| Secured loans | 421 | 1,009 | 896 | 1,313 | 1,154 | 90.20 |
| Unsecured loans | 365 | 234 | 281 | 336 | 10.69 | 84.06 |
| Total debt | 786 | 1,243 | 1,177 | 1,649 | 1,164 | 174 |
| Total liabilities | 9,022 | 8,744 | 7,921 | 6,936 | 6,300 | 4,281 |
| Assets | ||||||
| Gross block | 4,575 | 4,249 | 3,767 | 3,565 | 3,225 | 2,260 |
| Net block | 3,036 | 2,894 | 2,612 | 2,602 | 2,439 | 1,627 |
| Capital work in progress | 221 | 327 | 533 | 417 | 405 | 121 |
| Investments | 3,580 | 3,105 | 1,708 | 1,747 | 1,630 | 1,592 |
| Inventories | 1,873 | 1,205 | 1,153 | 819 | 536 | 421 |
| Sundry debtors | 1,406 | 1,667 | 1,331 | 910 | 989 | 840 |
| Cash & bank balances | 574 | 178 | 242 | 64.16 | 137 | 152 |
| Loans & advances | 451 | 486 | 504 | 456 | 403 | 355 |
| Total current assets | 4,305 | 3,536 | 3,230 | 2,249 | 2,065 | 1,768 |
| Total current liabilities | 2,462 | 1,434 | 1,433 | 912 | 899 | 1,305 |
| Net working capital | 1,842 | 2,101 | 1,797 | 1,337 | 1,166 | 463 |
| Total assets | 9,022 | 8,744 | 7,921 | 6,936 | 6,300 | 4,281 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Opening cash | 164 | 229 | 54.28 | 128 | 147 | 0.74 |
| Net cash from operating activities | 1,328 | 549 | 358 | 71.52 | 249 | 34.72 |
| Net cash from investing activities | (318) | (552) | (635) | (435) | (1,165) | (4,383) |
| Net cash from financing activities | (615) | (61.74) | 451 | 290 | 896 | 4,494 |
| Net change in cash | 395 | (64.93) | 175 | (73.41) | (19.03) | 146 |
| Closing cash | 574 | 178 | 242 | 64.16 | 137 | 152 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | -9.5% | +20.4% | +27.5% | +3.1% | +13.7% | - |
| EBITDA growth | -47.2% | +68.4% | +582.3% | -80.3% | -25.7% | - |
| PBT growth | -3.8% | +79.5% | +310.4% | -73.3% | -32.7% | +9997.0% |
| Net income growth | +11.4% | +77.6% | +434.0% | -80.8% | -32.0% | - |
| Revenue CAGR (3Y) | +11.6% | +16.5% | +14.3% | - | - | - |
| EBITDA CAGR (3Y) | +82.4% | +31.3% | -0.1% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +14.6% | +13.1% | +8.9% | +2.0% | +11.0% | +19.5% |
| Return on capital employed | +10.8% | +12.3% | +8.3% | +3.6% | +9.8% | +16.2% |
| Return on net worth | +9.0% | +9.8% | +6.5% | +1.3% | +8.0% | +13.9% |
| Debt / equity | 0.13 | 0.17 | 0.24 | 0.27 | 0.15 | 0.04 |
| Long-term debt / equity | 0.05 | 0.05 | 0.08 | 0.11 | 0.05 | 0.00 |
| Interest cover | 27.19 | 14.00 | 25.95 | -114.15 | 19.43 | 0.99 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 1.08 | 1.32 | 1.20 | 1.01 | 1.22 | 1.30 |
| Inventory turnover | 3.11 | 4.48 | 4.45 | 5.09 | 6.99 | 6.98 |
| Debtors turnover | 3.11 | 3.53 | 3.92 | 3.63 | 3.65 | 3.50 |
| EPS (βΉ) | 5.27 | 5.22 | 2.96 | 0.58 | 3.10 | 5.75 |
| Dividend per share (βΉ) | 0.00 | 0.14 | 0.11 | 0.00 | 0.56 | 0.00 |
| Book value per share (βΉ) | 61.34 | 56.27 | 50.74 | 44.09 | 43.20 | 41.23 |
Investments & Acquisitions by Piramal Group
Piramal Group has strategically engaged in corporate development activities, having acquired 8 companies. Notable acquisitions include Ash Stevens, Biosyntech and Coldstream Labs.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of diversified financial services | dhfl.com | Mumbai, India | 1984 | Jan 2021 | $5.19B | |
Real estate builders and developers offering residential and commercial properties | goyalco.com | Ahmedabad, India | 1971 | May 2018 | β’β’β’β’ | |
Small-molecule drug development and cGMP manufacturing services are offered. | ashstevens.com | Riverview, United States | 1962 | Aug 2016 | $42.95M | |
Care coordination solutions for healthcare organizations | healthhiway.com | Hyderabad, India | 2007 | Apr 2015 | β’β’β’β’ | |
Formulation development and contract manufacturing services are provided in pharmaceuticals. | coldstreamlabs.com | Lexington, United States | 2007 | Jan 2015 | $30.65M | |
Healthcare research and consulting are delivered via business intelligence platforms. | decisionresourcesgroup.com | Burlington, United States | 1995 | May 2012 | $650M | |
Biotherapeutic thermogels are developed for tissue repair applications. | biosyntech.com | Laval, Canada | 1994 | Jun 2010 | $3.83M | |
A single-use device used to obtain biopsies of bone | minrad.com | Buffalo, United States | 2005 | Jan 2009 | $40M |
Complete acquisition details for Piramal Group
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Timeline of Piramal Group
12 dated milestones of Piramal Group across 38 years, from founding to its latest funding, stage changes and deals.
- Founded Piramal Group is founded.
- Acquisition Acquires Minrad.
- Acquisition Acquires Biosyntech.
- Funding First funding round.
- Acquisition Acquires Decision Resources Group.
- Acquisition Acquires Coldstream Labs.
- Acquisition Acquires HealthHiway.
- Acquisition Acquires Ash Stevens.
- Acquisition Acquires Goyal & Co.
- Funding Latest funding round, Post-IPO,.
- Acquisition Acquires Deewan Housing Finance Corporation.
- IPO Lists on the stock exchange (IPO).
Competitors of Piramal Group
Piramal Group has 2 listed competitors in our database, 1 of them funded. They include Syngene and Panacea Biotec.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| syngeneintl.com | 1993 | Bengaluru, India | $85.89M | 5,618 | Provider of contract research and manufacturing services for both small molecules and biologics | |
| panaceabiotec.com | 1984 | Ambala, India | 2,095 | Developer of biosimilars, vaccines and natural products |
Detailed competitors of Piramal Group
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Web traffic of Piramal Group
The website of Piramal Group (piramal.com) receives about 47K visits a month and ranks #586,886 among all websites worldwide, #613 in Biotechnology and Pharmaceuticals.
- Monthly visits47K
▲ 13.4% vs previous month
- Unique visitors17.9K
per month
- Global rank#586,886
among all websites
- Category rank#613
Health · Biotechnology and Pharmaceuticals
- Bounce rate43%
- Pages per visit4.0
- Average visit2 min 21 sec
- DevicesDesktop 47% Β· Mobile 53%
Websites whose visitors overlap most with Piramal Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| piramalenterprises.com | 100% | 6.6K | #2,681,887 | View details | |
| piramalpharmasolutions.com | 90% | 15.7K | View details | ||
| aspenpharma.com | 63% | 50.4K | #657,613 | View details | |
panacea-biotec.com | panacea-biotec.com | 45% | β | ||
| cipla.com | 44% | 200.9K | #203,362 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 12 similar websites and full traffic analytics for Piramal Group
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- Audience overlap
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Top companies in Biopharma Outsourcing & Drug Delivery
3 companies that operate in the same segment as Piramal Group (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 1,820 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 |
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Related news about Piramal Group
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Frequently Asked Questions about Piramal Group
Piramal Group was founded in 1984 and raised its 1st funding round 27 years after it was founded.
Piramal Group is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Peter De Young is the CEO of Piramal Group, as recorded in our data.
Piramal Group has 16,400 employees.
The primary company behind Piramal Group, Piramal Pharma Limited, reported revenue of βΉ9,161 Cr for FY 2026, down 3% year on year.
Founded in 1984 and headquartered in Mumbai, India, Piramal Group maintains a multinational presence across pharmaceuticals, healthcare services, life sciences, specialty glass packaging, and real estate sectors. Subsidiaries such as Piramal Healthcare, Piramal Capital, Decision Resources Group, Piramal Glass, Piramal Realty, and Piramal Foundation are included. Contract development and manufacturing solutions for first-in-class drugs, generics, and antibody drug conjugates are provided to pharma and biotech firms.
Piramal Group's top competitors include Syngene and Panacea Biotec.
Piramal Group offers Housing Finance, Pharma Solutions, and Realty Development.
Yes, Piramal Group is publicly traded on NSE under the ticker symbol PPLPHARMA.
Piramal Group has made 8 acquisitions, including Ash Stevens, Biosyntech, and Coldstream Labs.
Piramal Group has 3 investors. Key investors include The Carlyle Group, Caisse de depot et placement du Quebec, and Department of Biotechnology.
Piramal Group is associated with 6 legal entities: Piramal Pharma Limited, Viridis Power Partners Llp, Piramal Metals Private Limited and others.

