Capri Global Capital Limited – Investor Presentation Summary

Key Operational Highlights

  • Consolidated AUM reached ₹319,845 mn, up 62% YoY from ₹197,732 mn in Q1FY26.
  • Gold Loan business showed strong growth with collateral weight in custody increasing to 47,588 tonnes in Q1FY27 from 38,244 tonnes in Q1FY26.
  • MSME Live Accounts grew significantly, though specific numbers were not provided in the presentation.
  • Housing Finance Live Accounts increased to 46,093 in Q4FY26 and 47,588 in Q1FY27.
  • Construction Finance AUM grew 40% YoY with a strong pipeline of new accounts.
  • Car Loan Origination value increased 43% YoY for the quarter.
  • Branch network remained steady at 1,433 branches vs. 1,429 branches in Q4FY26.
  • Mortgage Finance business operated through 411 branches in 11 States and UTs.
  • Gold Loan network increased to 1,000 branches across 15 states and UTs.
  • Construction Finance had 3 dedicated branches – Bengaluru, Hyderabad, and Ahmedabad.
  • Car Loan distribution locations stood at 821 consolidated into 19 branches.

Key drivers of operational performance: Geographic expansion, product diversification, and leveraging co-lending partnerships for capital efficient growth.

Segment-wise Performance

  • MSME AUM: Values inclusive of co-lending and directly assigned AUM (specific figures not broken out)
  • Gold Loan AUM: Values inclusive of co-lending and directly assigned AUM (specific figures not broken out)
  • Housing AUM: Values inclusive of co-lending and directly assigned AUM (specific figures not broken out)
  • Construction Finance: AUM growth of 40% YoY
  • Car Loan Origination: 43% YoY increase in value of loan originations

Explanation of significant changes in segment performance: Growth driven by expansion into new geographies, increased branch network, and diversified product offerings across all segments.

Financial Highlights

Revenue: Not explicitly stated as a line item (interest earned was ₹13,229 mn)

EBITDA: Not explicitly stated in the presentation

PAT: ₹3,534 mn for Q1FY27

EPS: Not explicitly stated in the presentation

Margins: Net Interest Margin was 8.5% for Q1FY27

YoY/QoQ comparison: PAT increased 102% YoY from ₹1,749 mn in Q1FY26 and 25% QoQ from ₹2,828 mn in Q4FY26

Drivers of financial performance: Higher revenue growth, improved yields, declining cost of borrowings, and operational efficiencies

Comparison to market estimates: Not provided in the presentation

Key Risks: Not explicitly disclosed in the presentation

Geographical Revenue Split

Domestic vs Export/Regional Revenue: Not explicitly broken out in the presentation

Regional Breakdown: The presentation shows geographical distribution charts for each business segment but without specific revenue figures

Balance Sheet Snapshot

Net Debt/Equity: Not explicitly calculated in the presentation

Reserves: ₹74,692 mn in Q1FY27

Current Assets/Liabilities: Not explicitly broken out in the presentation

Working Capital/Leverage Metrics: Not provided in the presentation

Financial Health Insights: Comfortable leverage and strong capital adequacy position with total equity of ₹75,655 mn

Capex & Cash Flow Health

Capital Expenditure: Not explicitly stated in the presentation

Free Cash Flow: Not explicitly stated in the presentation

Operating Cash Flow: Not explicitly stated in the presentation

Net Debt Movement: Not explicitly disclosed in the presentation

Investment Rationale: Focus on capacity expansion, technology upgrades, and geographic expansion

Strategic & R&D Initiatives

Investments in Innovation: Implementing Agentic AI tools for efficiency, productivity, and customer experience; digital initiatives

Expected impact on growth: Target of ₹650 bn AUM by FY28 and ₹1,250 bn+ by FY31 growing at 28-30% CAGR

Strategic Rationale: Expanding into high-growth markets, reducing operational costs, diversifying product offerings

Industry Trends & Business Environment

Macro/Industry Trends: Large addressable market opportunities across Gold Loans, MSME Loans, and Housing Loans segments; underpenetrated markets

Impact on Company: Presents multi-year opportunity for scalable credit expansion across all business segments

Management Commentary & Growth Outlook

Strategic Outlook: Focus on dedicated strategic initiatives to drive scale including product diversification, geographic expansion, technology leverage, and cross-selling

FY Guidance: Target of ₹650 bn AUM by FY28 and ₹1,250 bn+ by FY31 growing at 28-30% CAGR; target RoAE of 19.0-21.0% and RoAA of 4.2-4.7%

Market Share Targets: Not explicitly stated in the presentation

Risks and Opportunities: Not explicitly highlighted in the presentation

ESG Updates

  • 23% reduction of e-waste compared to FY2023-24
  • ~500+kg of waste recycled and reused
  • 15,300 KL of water harvesting capacity created
  • ₹68 Mn government investments supported
  • 261 K pages saved through digital initiatives
  • 15,519 beneficiaries reached including 13,287 women
  • Zero fatalities in operations
  • 100 training sessions conducted benefitting 8,179 individuals
  • 681 SHGs formed for community strengthening
  • 120 K women impacted through livelihood development program
  • 100% DEI training for senior management
  • Zero cases of discrimination, harassment, money laundering, insider trading, and conflict of interest
  • Zero cases of cybersecurity breaches or threats
  • ESG Ratings: SES ESG 75 (B+), CRISIL ESG 64 (strong), S&P Global CSA 70 (industry average 29)

Digital Transformation

  • Leveraging tech & data science leadership
  • Implementing Agentic AI tools for efficiency, productivity, and customer experience
  • WhatsApp links with 2-click buying journey for insurance products
  • Capri App for easy payments
  • Digital initiatives saving 261 K pages in MSME and housing business