Business Expansion Update

Aditya Birla Capital Limited's NBFC business inaugurated its 100th dedicated Gold Loan branch located at Santacruz, Mumbai, marking the company's entry into the Mumbai market. The company also inaugurated an additional branch in Andheri, establishing its presence in Mumbai with two branches serving customers across the city.

Gold Loan Business Performance

The Gold Loan business achieved Assets Under Management (AUM) of ₹200 crore as of September 30, 2026. This milestone was reached within three months of the business launch, demonstrating rapid growth execution.

Expansion Plans

The company announced its entry into the Gold Loan business in August 2026 with a phased rollout plan targeting:

  • 200-300 dedicated Gold Loan branches by March 2027 across high-potential markets
  • Over 1,000 branches nationwide over the next three years

Market Context

Maharashtra represents an important market for Gold Loan business, supported by:

  • Large customer base and vibrant economic ecosystem
  • Growing demand for formal credit
  • 40% year-on-year growth in gold loan origination volumes in 2025 (per TransUnion CIBIL Gold Loan Landscape Report, April 2026)
  • 5.8% share of country's total gold loan originations

Management Commentary

Ms. Vishakha Mulye, Managing Director & CEO emphasized the strength of execution capabilities and customer confidence in Aditya Birla Capital. The company aims to build a differentiated franchise combining brand trust, strong on-ground presence, and technology-led convenience to expand access to formal credit.

Mr. Rakesh Singh, Executive Director and Chief Executive Officer - NBFC highlighted Mumbai's importance as a market with diverse customer base and evolving financial needs. The business focuses on delivering simple, secure, and convenient borrowing experience through dedicated branches, seamless processes, and robust digital capabilities.

Corporate Overview

Aditya Birla Capital Limited and its subsidiaries/JVs maintain:

  • Nationwide network of 1,822 branches
  • Over 200,000 agents/channel partners
  • Multiple bank partnerships
  • Aggregate assets under management of approximately ₹12.34 lakh crore
  • Consolidated lending book of ₹2.34 lakh crore (as of September 30, 2026)

NBFC Business Performance

Aditya Birla Capital's NBFC business, ranked among India's top five AAA-rated diversified NBFCs, reported strong Q2 FY27 results:

  • Assets Under Management (AUM): ₹1,76,557 crore (26% year-on-year growth)
  • Disbursements: ₹24,708 crore (12% year-on-year growth)
  • Profit Before Tax: ₹1,352 crore (41% year-on-year growth)

The NBFC offers comprehensive lending solutions across four core verticals: personal and consumer loans, unsecured business loans, secured business loans, and corporate/midmarket loans.

Corporate Structure

Aditya Birla Capital Limited is a listed systemically important non-deposit taking upper layer NBFC and serves as the holding company for financial services businesses. The company is part of the Aditya Birla Group, a US$72 billion global conglomerate with over 227,500 employees and operations spanning 41 countries.