# Piramal Enterprises Ltd(Merged) share price (Piramal Enterprises Ltd(Merged), NSE: PEL)

> Piramal Enterprises Ltd(Merged) share price: ₹1,124.20 at the NSE close on 22 September 2025, the latest close in our records; up 7.4% in the year to that date. Piramal Enterprises Ltd(Merged) (NSE: PEL) is worth ₹25,483 crore, trades at a P/E of 49.0 and has closed between ₹872.40 and ₹1,326.70 over the past 52 weeks. > Piramal Enterprises Ltd(Merged)'s results are improving, and its P/E is near the top of its own history, higher than 93% of past readings. PEL · Diversified · data as of 22 September 2025. Page: https://www.sectoralpha.in/stocks/piramal-enterprises-ltd-merged

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## Key numbers

- Price: ₹1,124.20 (+7.4% in a year)
- P/E: 49.0× (higher than 93% of the last 9.5 years)
- Revenue (Jun 2025): ₹2,643 Cr (+18.7% on a year ago)
- Profit (Jun 2025): ₹276 Cr (+52.5% on a year ago)
- ROE: 2%, FY25
- Profit that came in as cash: 14%, last 3 years

The main question: profits are rising, but only 14% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Piramal Enterprises Ltd(Merged) share price? Piramal Enterprises Ltd(Merged)'s share price was ₹1,124.20 at the close on 22 September 2025. It has been rising for 18 weeks. That is 2.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹872 and ₹1,327, and at that close it sat 55% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 9.5 years the share price moved +93% while the NIFTY 500 moved +259%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Piramal Enterprises Ltd(Merged) this quarter? Two changes stood out: revenue up on a year earlier for 4 quarters in a row and highest quarterly profit in 8 quarters. 1. Revenue up on a year earlier for 4 quarters in a row In the June 2025 quarter revenue was ₹2,643 crore, +18.7% on a year earlier. 2. Highest quarterly profit in 8 quarters Profit of ₹276 crore in the June 2025 quarter is the highest of the last 8 quarters. ## What are Piramal Enterprises Ltd(Merged)'s latest quarterly results? For April to June 2025 (the quarter ended 30 June 2025), Piramal Enterprises Ltd(Merged) reported revenue of ₹2,643 crore, up 18.7% from ₹2,227 crore a year earlier, and a profit of ₹276 crore, up 52.5% from ₹181 crore. ### Piramal Enterprises Ltd(Merged) results: April to June 2025 against a year earlier

| Measure | April to June 2025 | April to June 2024 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,643 crore | ₹2,227 crore | +18.7% |
| Profit | ₹276 crore | ₹181 crore | +52.5% |
| Earnings per share | ₹12.19 | ₹8.05 | +51.4% |
| Gross bad loans (gross NPA) | 2.83% | 2.67% | +0.16 points |

The next results, for July to September 2025, are due by 14 November 2025: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2025). Revenue and profit in ₹ crore.)

## What is the Piramal Enterprises Ltd(Merged) share price history? Piramal Enterprises Ltd(Merged) closed at ₹1,124.20 on 22 September 2025, up 7.4% from ₹1,046.55 a year earlier (20 September 2024) and up 58.6% over five years. Its highest weekly close since April 2016 was ₹1,789.95 on 31 August 2018. ### Piramal Enterprises Ltd(Merged) share price: then and now

| When | Close | Change to 22 Sep 2025 |
| --- | --- | --- |
| 1 week ago · 12 Sep 2025 | ₹1,083.70 | +3.7% |
| 1 month ago · 22 Aug 2025 | ₹1,167.70 | −3.7% |
| 6 months ago · 21 Mar 2025 | ₹996.45 | +12.8% |
| 1 year ago · 20 Sep 2024 | ₹1,046.55 | +7.4% |
| 3 years ago · 23 Sep 2022 | ₹955.80 | +17.6% |
| 5 years ago · 25 Sep 2020 | ₹708.98 | +58.6% |
| Earliest weekly close in our records · 1 Apr 2016 | ₹582.97 | +92.8% |
| Highest weekly close since April 2016 · 31 Aug 2018 | ₹1,789.95 | −37.2% |
| Lowest weekly close since April 2016 · 20 Mar 2020 | ₹389.54 | +188.6% |
| 52-week high (weekly close) · 18 Jul 2025 | ₹1,326.70 | −15.3% |
| 52-week low (weekly close) · 28 Feb 2025 | ₹872.40 | +28.9% |

Weekly closing prices. Each change is the move from that price to the 22 Sep 2025 close. A day's intraday high or low can go beyond these weekly closes. (496 weekly closes from 1 April 2016 to 22 September 2025.)

## What is the latest news on Piramal Enterprises Ltd(Merged)? 22 Sep 2025: Piramal Enterprises Ltd(Merged) closed at ₹1,124.20, up 3.7% on the week and down 3.7% on the month. Results for April to June 2025: Revenue up 18.7% and profit up 52.5% on a year earlier. ## What dividend does Piramal Enterprises Ltd(Merged) pay? Piramal Enterprises Ltd(Merged) paid no dividend in the 12 months to 5 November 2026. The last was a dividend of ₹11 a share, ex-date 13 June 2025. ### Piramal Enterprises Ltd(Merged) dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 13 Jun 2025 | ₹11 | Dividend | same day |
| 5 Jul 2024 | ₹10 | Dividend | same day |
| 16 Jun 2023 | ₹31 | Dividend | same day |
| 14 Jul 2022 | ₹33 | Dividend | 15 Jul 2022 |
| 6 Jul 2021 | ₹33 | Dividend | 7 Jul 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Piramal Enterprises Ltd(Merged) paid out 51% of its profit as dividends in FY25, and it paid a dividend in 10 of its last 12 reported years. 2 of those years show a negative figure because profit itself was negative. (From the NSE corporate-actions record, read 5 November 2026.)

## Which stock lists is Piramal Enterprises Ltd(Merged) on? Piramal Enterprises Ltd(Merged) is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 305](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Piramal Enterprises Ltd(Merged) profitable? Piramal Enterprises Ltd(Merged) earned ₹276 Cr of net profit in the Jun 2025 quarter, +52.5% on the same quarter a year earlier. Full-year FY25 profit was ₹485 Cr. Over 10 years profit has grown −16.2% a year on average. That is 10.4% of the quarter's revenue. The same quarter a year earlier earned ₹181 Cr. 3 of the last 12 reported quarters were loss-making. On average over the last four quarters, profit changed +88.9% and revenue +13.1%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Piramal Enterprises Ltd(Merged) make, and is it growing? Piramal Enterprises Ltd(Merged) reported ₹2,643 Cr of revenue in the Jun 2025 quarter, +18.7% on the same quarter a year earlier. That is the 4th quarter in a row with growth on the year before. Over 10 years it has grown 7.3% a year on average. The last full year, FY25, came in at ₹10,375 Cr. The last four reported quarters add to ₹10,610 Cr. FY25 revenue was ₹10,375 Cr, +2.6% on the year before. Recent pace: the last four quarters grew +13.1% on average, against 7.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +13.2%, against +4.5% a year over the last 8 quarters (accelerating). ## How much of every ₹100 of sales does Piramal Enterprises Ltd(Merged) keep? We do not have a clean operating margin for Piramal Enterprises Ltd(Merged). Its accounts do not report the operating-profit line this section uses, which is common for lenders and holding companies. The other sections show what its filings do report. Why the margin moved: operating margin changed −0.7 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Piramal Enterprises Ltd(Merged)'s profit turning into cash? Over the last 3 years, 14% of Piramal Enterprises Ltd(Merged)'s reported profit came in as cash from its operations, a gap worth watching. In FY25 its operations used ₹8,091 Cr of cash, against ₹485 Cr of profit. After ₹116 Cr of spending on assets, free cash was −₹8,207 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: it has been selling more assets than it buys. The next section shows those figures. ## Where does Piramal Enterprises Ltd(Merged)'s cash go? Piramal Enterprises Ltd(Merged) does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. Over the last 3 years it sold more assets than it bought, by ₹5,844 Cr. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Over the last 3 years, money from selling assets was ₹5,844 Cr more than it spent on new ones. Work still in progress is ₹43.0 Cr (FY25). In short: assets are being sold, not built, so this cash is not going into new capacity. ## What is Piramal Enterprises Ltd(Merged)'s P/E ratio, and how does it compare with its own history? Piramal Enterprises Ltd(Merged)'s P/E is 49.0×, near the high end of its own history: higher than 93% of past readings. Its usual P/E (the middle reading) is 18.0×, over 9.5 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2025 add up to ₹25.67. Where the price move came from: over 3 years the price moved +5.6% a year; about −36.6% a year came from earnings growth and about +42.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Piramal Enterprises Ltd(Merged) business getting better or worse? Piramal Enterprises Ltd(Merged)'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 9 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Piramal Enterprises Ltd(Merged) earn on its capital? Piramal Enterprises Ltd(Merged) earned a ROE of 2% in FY25. That is up from a low of −5% in FY14. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 4.7% net margin and 0.11× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 4.7% net margin × 0.11× asset turnover × 3.50× leverage (assets divided by equity) ≈ 1.8% on equity. The margin does its share; borrowing is a big part of it. ## Does Piramal Enterprises Ltd(Merged) have too much debt? Piramal Enterprises Ltd(Merged) had ₹65,577 Cr of borrowings against ₹27,096 Cr of equity in FY25, so its debt is 2.42× its equity. Over 5 years borrowings went from ₹42,238 Cr to ₹65,577 Cr. Over the last 3 of those years it sold more assets than it bought, by ₹5,844 Cr. Part of the spending on assets is being paid for with borrowed money. ## What is the Piramal Enterprises Ltd(Merged) shareholding pattern? Foreign institutions cut their stake in Piramal Enterprises Ltd(Merged) by 10.8 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 15.2% of the company. Domestic institutions moved +3.3 points over the same period, to 15.2%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −10.8 points over 8 quarters, to 15.2%; Domestic institutions: +3.3 points over 8 quarters, to 15.2%; Promoters: +2.7 points over 8 quarters, to 46.2%. Why the owners changed: foreign institutions moved −10.8 points and domestic institutions +3.3 points over 8 quarters, while promoters moved +2.7 points. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Piramal Enterprises Ltd(Merged) from balance-sheet trouble? For Piramal Enterprises Ltd(Merged), the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Piramal Enterprises Ltd(Merged) rank in its industry? 46.4 out of 100, rank 17 of 20 in Diversified, with 34% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Piramal Enterprises Ltd(Merged) scores 46.4 out of 100 against the 20 companies it is compared with in Diversified, ranking 17. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 23.5 + 15.1 + 7.8 = 46.4 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Piramal Enterprises Ltd(Merged) compared with? Piramal Enterprises Ltd(Merged) ranks 17 of 20 Diversified companies on the 4-Factor Sector Score, with 46.4 out of 100. 1. [Indiabulls Limited](https://www.sectoralpha.in/stocks/indiabulls-limited) IBULLSLTD · leader · Most evidence points up · 67% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.7/35 · Revenue 100% · Profit 100% · Operating margin change 28 points · 71% evidence Capital efficiency 10.7/25 · ROCE 8.2% · Operating margin 43% · 76% evidence Valuation 10.4/20 · P/E 14.5× · PEG n/a · 15% evidence Relative strength 19.3/20 · Lead over its industry 51.7% · Lead over NIFTY 500 52.3% · 1 year 44.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 26.7 + 10.7 + 10.4 + 19.3 = 67.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Sobhagya Mercantile Ltd](https://www.sectoralpha.in/stocks/sobhagya-mercantile-ltd) leader · Evidence leans up · 80% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.9/35 · Revenue 21.9% · Profit 8.1% · Operating margin change -0.5 points · 95% evidence Capital efficiency 18.1/25 · ROCE 23.4% · Operating margin 14.4% · 95% evidence Valuation 8.9/20 · P/E 68.1× · PEG n/a · 15% evidence Relative strength 18.9/20 · Lead over its industry 41.2% · Lead over NIFTY 500 43.8% · 1 year 45.9% · 100% evidence · 12 of 12 weeks ahead Exact sum: 15.9 + 18.1 + 8.9 + 18.9 = 61.8 · What this means: Relative strength against the index is 43.8%, and revenue and profit growth are weak. 3. [Kalind Ltd](https://www.sectoralpha.in/stocks/kalind-ltd) basing · Evidence leans up · 87% evidence 59.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 30.4/35 · Revenue 100% · Profit 100% · Operating margin change 21 points · 95% evidence Capital efficiency 17.1/25 · ROCE 32% · Operating margin 63% · 95% evidence Valuation 12.4/20 · P/E 7.6× · PEG n/a · 50% evidence Relative strength 0.0/20 · Lead over its industry -64% · Lead over NIFTY 500 -62.8% · 1 year -37.8% · 100% evidence · 0 of 12 weeks ahead Exact sum: 30.4 + 17.1 + 12.4 + 0 = 59.9 · What this means: Earnings are strong; relative strength in its sector is -64% and the one-year return is -37.8%. 4. [Grasim Industries Ltd](https://www.sectoralpha.in/stocks/grasim-industries-ltd) GRASIM · turning · Evidence leans up · 82% evidence 59.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.8/35 · Revenue 19.5% · Profit 33.1% · Operating margin change 1 points · 95% evidence Capital efficiency 13.1/25 · ROCE 8% · Operating margin 23% · 76% evidence Valuation 7.6/20 · P/E 35.4× · PEG n/a · 50% evidence Relative strength 14.5/20 · Lead over its industry 3.9% · Lead over NIFTY 500 6.4% · 1 year 3.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 23.8 + 13.1 + 7.6 + 14.5 = 59 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [BCL Industries Ltd](https://www.sectoralpha.in/stocks/bcl-industries-ltd) BCLIND · quiet · Evidence leans up · 82% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.4/35 · Revenue -13.1% · Profit 15.2% · Operating margin change 3 points · 95% evidence Capital efficiency 14.1/25 · ROCE 13.9% · Operating margin 10% · 76% evidence Valuation 13.3/20 · P/E 7.6× · PEG n/a · 50% evidence Relative strength 7.7/20 · Lead over its industry -5.5% · Lead over NIFTY 500 -3.2% · 1 year -24.5% · 100% evidence · 3 of 12 weeks ahead Exact sum: 19.4 + 14.1 + 13.3 + 7.7 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [Balmer Lawrie & Company Ltd](https://www.sectoralpha.in/stocks/balmer-lawrie-company-ltd) BALMLAWRIE · basing · Evidence leans up · 82% evidence 54.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.5/35 · Revenue 8.9% · Profit 3.8% · Operating margin change 1 points · 95% evidence Capital efficiency 15.4/25 · ROCE 14.6% · Operating margin 13% · 76% evidence Valuation 14.4/20 · P/E 9.5× · PEG n/a · 50% evidence Relative strength 8.2/20 · Lead over its industry -9.7% · Lead over NIFTY 500 -7.2% · 1 year -23.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 16.5 + 15.4 + 14.4 + 8.2 = 54.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [3M India Ltd](https://www.sectoralpha.in/stocks/3m-india-ltd) 3MINDIA · quiet · Evidence leans up · 85% evidence 53.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.4/35 · Revenue 15.7% · Profit 16.1% · Operating margin change -3 points · 100% evidence Capital efficiency 20.7/25 · ROCE 50% · Operating margin 17% · 100% evidence Valuation 2.5/20 · P/E 74.1× · PEG 3.29 · 100% evidence Relative strength 8.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.3% · 1 year -1.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 21.4 + 20.7 + 2.5 + 8.5 = 53.1 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Texmaco Infrastructure & Holdings Ltd](https://www.sectoralpha.in/stocks/texmaco-infrastructure-holdings-ltd) TEXINFRA · leader · Evidence leans up · 75% evidence 51.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 5.5% · Profit 100% · Operating margin change -37.9 points · 95% evidence Capital efficiency 7.7/25 · ROCE 1.4% · Operating margin -48.8% · 76% evidence Valuation 8.5/20 · P/E 159× · PEG n/a · 15% evidence Relative strength 17.1/20 · Lead over its industry 11% · Lead over NIFTY 500 13.6% · 1 year 9.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.2 + 7.7 + 8.5 + 17.1 = 51.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 9. [Bluspring Enterprises Ltd](https://www.sectoralpha.in/stocks/bluspring-enterprises-ltd) BLUSPRING · leader · Evidence leans up · 60% evidence 51.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 11.7% · Profit 100% · Operating margin change 0.5 points · 95% evidence Capital efficiency 6.3/25 · ROCE 5.8% · Operating margin 2.2% · 76% evidence Valuation 9.6/20 · P/E 47.6× · PEG n/a · 15% evidence Relative strength 12.5/20 · Lead over its industry n/a · Lead over NIFTY 500 73.2% · 1 year 86.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.6 + 6.3 + 9.6 + 12.5 = 51 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Nurture Well Industries Ltd](https://www.sectoralpha.in/stocks/nurture-well-industries-ltd) basing · Evidence leans down · 80% evidence 46.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.6/35 · Revenue 34% · Profit 27% · Operating margin change 1 points · 95% evidence Capital efficiency 14.3/25 · ROCE 22.9% · Operating margin 11% · 95% evidence Valuation 11.5/20 · P/E 7.5× · PEG n/a · 15% evidence Relative strength 1.3/20 · Lead over its industry -35.9% · Lead over NIFTY 500 -33.2% · 1 year -24.8% · 100% evidence · 1 of 12 weeks ahead Exact sum: 19.6 + 14.3 + 11.5 + 1.3 = 46.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Nava Ltd](https://www.sectoralpha.in/stocks/nava-ltd) NAVA · basing · Evidence leans down · 93% evidence 46.2 out of 100 Growth Capital Valuation Relative
12. [Rossell India Ltd](https://www.sectoralpha.in/stocks/rossell-india-ltd) ROSSELLIND · Evidence leans down · 63% evidence 41.6 out of 100 Growth Capital Valuation Relative
13. [Tube Investments of India Ltd](https://www.sectoralpha.in/stocks/tube-investments-of-india-ltd) TIINDIA · quiet · Evidence leans down · 100% evidence 39.0 out of 100 Growth Capital Valuation Relative
14. [Swan Corp Ltd](https://www.sectoralpha.in/stocks/swan-corp-ltd) SWANCORP · quiet · Most evidence points down · 60% evidence 31.9 out of 100 Growth Capital Valuation Relative
15. [Andrew Yule & Company Ltd](https://www.sectoralpha.in/stocks/andrew-yule-company-ltd) ANDREWYU · quiet · Most evidence points down · 65% evidence 28.6 out of 100 Growth Capital Valuation Relative
16. [Integrated Industries Ltd](https://www.sectoralpha.in/stocks/integrated-industries-ltd) IIL · Too little evidence to rank firmly · 36% evidence 59.2 out of 100 Growth Capital Valuation Relative
17. Piramal Enterprises Ltd(Merged) this page PEL · Too little evidence to rank firmly · 34% evidence 46.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.5/43.75 · Revenue 13.3% · Profit 100% · Operating margin change -0.7 points · 27% evidence Capital efficiency 15.1/31.25 · ROCE 6.8% · Operating margin 65.1% · 57% evidence Valuation 7.8/25 · P/E 49× · PEG n/a · 50% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.5 + 15.1 + 7.8 = 46.4 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 18. [Arunis Abode Ltd](https://www.sectoralpha.in/stocks/arunis-abode-ltd) ARUNIS · Too little evidence to rank firmly · 31% evidence 42.4 out of 100 Growth Capital Valuation Relative
19. [Kesar Enterprises Ltd](https://www.sectoralpha.in/stocks/kesar-enterprises-ltd) KESAR · Too little evidence to rank firmly · 37% evidence 36.1 out of 100 Growth Capital Valuation Relative
20. [Bharat Global Developers Ltd](https://www.sectoralpha.in/stocks/bharat-global-developers-ltd) BGDL · Too little evidence to rank firmly · 49% evidence 31.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Diversified](https://www.sectoralpha.in/sectors/diversified), all 20 compared on one page. ## Which companies are close to Piramal Enterprises Ltd(Merged) in size? Piramal Enterprises Ltd(Merged) is the 4th largest of 20 Diversified companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Grasim Industries, Tube Investments of India and 3M India. Just below it: Nava, Swan Corp and Indiabulls. ### Diversified companies close in size

1. [Grasim Industries Ltd](https://www.sectoralpha.in/stocks/grasim-industries-ltd) ₹2,02,895 crore
2. [Tube Investments of India Ltd](https://www.sectoralpha.in/stocks/tube-investments-of-india-ltd) ₹41,037 crore
3. [3M India Ltd](https://www.sectoralpha.in/stocks/3m-india-ltd) ₹32,672 crore
4. Piramal Enterprises Ltd(Merged) ₹25,483 crore
5. [Nava Ltd](https://www.sectoralpha.in/stocks/nava-ltd) ₹14,416 crore
6. [Swan Corp Ltd](https://www.sectoralpha.in/stocks/swan-corp-ltd) ₹7,126 crore
7. [Indiabulls Limited](https://www.sectoralpha.in/stocks/indiabulls-limited) ₹7,036 crore

[All 20 Diversified companies, largest first](https://www.sectoralpha.in/sectors/diversified#all-companies)

### Companies close in size in other industries

1. [Sansera Engineering Ltd](https://www.sectoralpha.in/stocks/sansera-engineering-ltd) ₹25,664 crore · Auto Ancillaries - Diversified
2. [Redington Ltd](https://www.sectoralpha.in/stocks/redington-ltd) ₹25,560 crore · Computer - Hardware
3. Piramal Enterprises Ltd(Merged) ₹25,483 crore
4. [Cholamandalam Financial Holdings Ltd](https://www.sectoralpha.in/stocks/cholamandalam-financial-holdings-ltd) ₹25,374 crore · Finance - Holding Company
5. [Neuland Laboratories Ltd](https://www.sectoralpha.in/stocks/neuland-laboratories-ltd) ₹25,275 crore · Pharma - API & CRAMS

## What else do people ask about Piramal Enterprises Ltd(Merged)? ### What were Piramal Enterprises Ltd(Merged)'s latest quarterly results? Piramal Enterprises Ltd(Merged) reported revenue of ₹2,643 Cr and net profit of ₹276 Cr for the Jun 2025 quarter. Revenue rose 18.7% and profit rose 52.5% compared with a year earlier. Earnings per share were ₹12.19 (as of 22 September 2025). ### What is Piramal Enterprises Ltd(Merged)'s market cap? Piramal Enterprises Ltd(Merged)'s market capitalisation is ₹25,483 Cr at a share price of ₹1,124.20. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 22 September 2025). ### How is Piramal Enterprises Ltd(Merged) performing? Piramal Enterprises Ltd(Merged)'s share price has been rising for 18 weeks. In its latest quarter, revenue rose 18.7% and profit rose 52.5% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 22 September 2025). ### Will Piramal Enterprises Ltd(Merged)'s share price go up? This page does not forecast Piramal Enterprises Ltd(Merged)'s share price. What it shows instead: the share price is ₹1,124.20, and it has been rising for 18 weeks. Its P/E of 49.0× is higher than 93% of its own last 10 years (as of 22 September 2025). ### Who owns Piramal Enterprises Ltd(Merged)? Promoters own 46.2% of Piramal Enterprises Ltd(Merged), foreign institutions 15.2%, domestic institutions 15.2% and the public 22.8% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 10.8 percentage points over 8 quarters (as of 22 September 2025). ### What is Piramal Enterprises Ltd(Merged)'s capex? Piramal Enterprises Ltd(Merged) sold more long-term assets (plants, machines and the like) than it bought over the last 3 years, by ₹5,844 Cr, worked out from the change in fixed assets plus depreciation. Depreciation over the same years was ₹1,166 Cr (as of 22 September 2025). ### What could break the Piramal Enterprises Ltd(Merged) story? The main question: profits are rising, but only 14% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 22 September 2025). ### Is Piramal Enterprises Ltd(Merged) a stock worth studying right now? What the numbers show: Piramal Enterprises Ltd(Merged)'s results are improving, and its P/E is near the top of its own history, higher than 93% of past readings. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 22 September 2025). ## Lists

- Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india

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