Shares of Piramal Enterprises dropped more than 4 per cent on BSE on Tuesday, a day after the company shared a positive outlook and growth plan. The financial services arm of the Piramal Group unveiled an ambitious vision to cement its position as a leading NBFC with a dominant presence in housing finance, while also aiming to expand its foothold in other product segments to create a diversified retail portfolio. An essential part of the NBFC's strategic vision is achieving a consolidated core return on asset (RoA) ranging from 3 to 3.3 per cent and a leverage ratio of 3.7 times by FY28. These objectives hinge on an enhanced net interest margin (NIM) profile, controlled operational expenditure ratios, and the realisation of steady-state credit costs averaging between 1.7 and 1.8 per cent.