Piramal Enterprises Limited (PEL) has released its Business Responsibility & Sustainability Report for the financial year 2024-25.
The report is part of the Integrated Annual Report and complies with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
PEL's Corporate Identity Number (CIN) is L24110MH1947PLC005719.
The company’s paid-up capital is ₹45.10 crore.
PEL’s business includes non-banking financial services, accounting for 98.74% of its turnover.
The company has 571 offices in India and 1 internationally.
PEL focuses on retail lending, wholesale lending, alternatives, and life insurance, with a significant portion of its retail customer base in Tier 2 and Tier 3 locations.
As of the end of FY25, PEL had 16,397 employees, with 14,313 males (87.29%) and 2,084 females (12.71%).
Women constitute 35.71% of the Board of Directors and 50% of Key Management Personnel.
The turnover rate for permanent employees in FY25 was 46.86% overall (45.50% for males and 57.27% for females).
PEL has several subsidiary and associate companies, including Piramal Finance Limited and DHFL Investments Limited.
CSR is applicable to PEL as per Section 135 of the Companies Act, 2013.
The company's turnover was ₹10,269.56 crore and net worth was ₹22,939.10 crore.
PEL is committed to financial inclusion, increasing women borrowers, and promoting affordable housing.
The company aims to train 10,000 partners for growth and employment and conduct financial literacy sessions for 2,00,000 beneficiaries.
PEL is working to increase women representation in the workforce and provide ESG training to all employees.
The company aims to recycle 100% of its E-waste in the long term.
PEL has raised $550 million (₹4,583 crore) under the sustainable finance framework.