Key Transaction Details

  • Instrument: Senior, secured, and rated notes ("Notes")
  • Programme: U.S. $1,000,000,000 (United States Dollars one billion) Global Medium Term Note programme ("GMTN Programme")
  • Offering Structure: Pursuant to Regulation S and Rule 144A of the U.S. Securities Act of 1933
  • Size: US$ Benchmark (exact amount to be determined)
  • Tenor: Weighted Average Life [3.25Y]
  • Coupon: [ ]% p.a. payable semi-annually (to be determined)
  • Security: A first ranking pari passu charge by way of hypothecation over standard Receivables book debts, principal amounts, interest, costs, charges etc. owing to or receivable by the Issuer, both present and future (other than the Excluded Receivables), in respect of certain securities/loans/inter-corporate deposits subscribed to/given/placed by the Issuer.
  • Format: 144A/ RegS; Fixed rate, senior secured US$ bonds; drawdown off US$ 1bn GMTN Program
  • Use of Proceeds: For activities as may be permitted under the RBI regulations such as onward lending, in accordance with the approvals granted by the RBI from time to time in this relation (if applicable) and in accordance with the ECB Guidelines and other applicable laws.
  • Maintenance Covenants:
  • NNPA to not exceed 5%
  • Minimum Capital Adequacy Ratio 15% in line with RBI guidelines
  • Minimum Security Coverage Ratio equal to or greater than 1.0x with security comprising of standard assets at all times
  • Denomination: $[200k] and, in excess thereof, integral multiples of [1k] (to be determined)
  • Listing: India INX and NSE IFSC
  • Governing Law: English Law
  • Joint Global Coordinators and Joint Book Runners: Barclays, Citigroup, DB (B&D), Emirates NBD, UBS

Investor Presentation Availability

The roadshow/investor presentation is available at: https://www.capriloans.in/cms/investor-presentation/FY%202026%20- Presentation-29.06.2026.pdf

The Company confirms that no unpublished price sensitive information is mentioned in the aforesaid roadshow/investor presentation.

Financial Highlights from Presentation (Consolidated)

AUM Growth & Composition

  • Consolidated AUM increased ~53% during FY24-FY26
  • AUM Break Up (₹ mn):
  • MSME Loans: Included Micro LAP (Loan against property)
  • Gold Loans: Steadily rising share of AUM
  • Housing Finance (CGHFL)
  • Construction Finance
  • Others: Include Indirect Lending, Small Business Loans and Employee Loans
  • Product diversification provides hedge against macroeconomic cycles.

Key Financial Metrics (FY24-FY26)

  • CRAR: 25.9% (FY26), comfortably above 15% regulatory requirement
  • Debt-to-Equity: 3.3x (FY26)
  • RoAA: Improved from 2.07% (FY24) to 3.55% (FY26)
  • RoAE: Disclosed in presentation
  • Net Interest Margin: 8.8% (FY26)
  • Yield on Assets: 16.1% (FY26)
  • Cost of Funds: Disclosed in yield vs CoF chart
  • Asset Quality: GNPA amongst industry top quartile. Adequate provisioning.

Segmental Yield Analysis (FY26)

  • Gold Loans: ~16.82%
  • MSME Loans: ~17.34% (includes Loan against property & Micro-LAP)
  • Construction Finance: ~17.80%
  • Housing Finance (CGHFL): ~13.11%

Income Statement (Consolidated, ₹ mn)

| Metric | FY24 | FY25 | FY26 | FY24-26 CAGR |

| Revenue from operations | 23,129 | 32,475 | 47,311 | |

| Finance costs | 8,359 | 12,736 | 17,298 | |

| Profit Before Tax | 3,656 | 6,333 | 12,574 | 85% |

| Profit After Tax | 2,794 | 4,785 | 9,492 | 84% |

Balance Sheet (Consolidated, ₹ mn)

| Metric | FY24 | FY25 | FY26 | FY24-26 CAGR |

| Total Equity | 38,366 | 43,041 | 72,035 | 37.02% |

| Borrowings | 104,069 | 155,768 | 241,121 | 52.21% |

| Assets under financing activities | 134,212 | 182,515 | 281,499 | 44.82% |

| Total assets | 151,497 | 208,313 | 326,760 | 46.86% |

Co-Lending Activities

  • Partnerships with 11 Partner Banks
  • CGCL retains 20-30% share on co-lending deals
  • Co-Lending AUM: ₹77,833 mn (FY26), representing 21.3% of overall AUM
  • Co-lending income: Disclosed as a percentage of non-interest income

Operational Highlights

  • Branch Network: 1,429 branches across 20 states & UTs
  • Employees: ~5,518
  • Customer Profile: Focus on underserved segments in Tier 2/3/4 cities; Small manufacturing units, traders, self-employed non-professionals (SENP), first-time home buyers.
  • Technology: Significant investment in advanced technology and data analytics capabilities; In-house developed platform; Implementing Agentic AI tools.

Corporate Governance

  • Board comprised of 5 Independent Directors out of total 8 directors.
  • 8 Board committees: Risk Management, Audit, IT Strategy, Customer Service, CSR, Stakeholder Relationship, Wilful Defaulter Review, Nomination and Remuneration.
  • ESG Ratings:
  • SES ESG: 75 (B+)
  • NSE Sustainability: 69
  • CRISIL ESG: 64 (Strong)
  • S&P DJSI Corporate Sustainability Assessment: 70 (Industry Average 30)
  • S&P Second-Party Opinion (SPO) rated "Good" for Sustainable Financing Framework

Management Team

Experienced team with over 20 years average experience, including:

  • Yashesh Bhatt: Company Secretary & Compliance Officer (Membership No. 20491)
  • Divya Sutar: President & ED- Business Strategy
  • Kishore Lodha: Chief Financial Officer
  • Tarun Aggarwal: Group Chief Technology Officer
  • Varun Malhotra: Chief Technology Officer
  • Business heads for each vertical (MSME, Gold, Housing, Construction Finance, etc.)

Strategic Initiatives

Key initiatives to drive scale:

  • Diversify Product Offerings
  • Geographic Expansion and Deepening Presence (Telangana, Karnataka, TN, AP, Orissa, UP)
  • Leverage Technology & Analytics for Operational Excellence
  • Leverage customer base to drive fee income and cross-selling (Insurance, Car Loan distribution)
  • Diversify borrowings for effective liability management (NCD/CP; widen lender base)

Disclaimer Notes

The presentation contains extensive disclaimers noting that:

  • It is not a prospectus or offering document
  • It is strictly confidential and for information purposes only
  • The securities have not been and will not be registered under the U.S. Securities Act
  • It has not been reviewed or approved by any Indian regulatory authority
  • It contains forward-looking statements subject to risks and uncertainties

Compliance Information

This intimation is filed pursuant to Regulation 30(6) and other applicable provisions of the SEBI (LODR) Regulations, 2015. The document was uploaded on the Company's website at www.capriloans.in.