Capri Global Q2 FY27 Net Profit Rises 67% YoY

The Board of Directors meeting was held on October 27, 2026, commencing at 2:00 PM and concluding at 8:40 PM. The board approved:

Unaudited Financial Results (Standalone and Consolidated) for quarter and half year ended September 30, 2026
Limited Review Report on the financial results
Statement of Utilization/Deviation in use of proceeds from non-convertible securities (Annexure A and B)
Security Cover Certificate for quarter ended September 30, 2026 (Annexure I)

Income Statement Highlights:

Q2 FY27 Total Income: ₹14,030.11 million (Q2 FY26: ₹8,718.12 million)
H1 FY27 Total Income: ₹26,418.48 million (H1 FY26: ₹16,417.33 million)
Q2 FY27 Profit Before Tax: ₹4,722.93 million (Q2 FY26: ₹2,833.67 million)
H1 FY27 Profit Before Tax: ₹8,916.76 million (H1 FY26: ₹4,814.97 million)
Q2 FY27 Net Profit: ₹3,533.14 million (Q2 FY26: ₹2,117.29 million) - 67% YoY increase
H1 FY27 Net Profit: ₹6,673.97 million (H1 FY26: ₹3,618.88 million)
Q2 FY27 EPS (Basic): ₹3.67 (Q2 FY26: ₹2.20)
H1 FY27 EPS (Basic): ₹6.94 (H1 FY26: ₹3.99)

Revenue Breakdown Q2 FY27:

Expense Breakdown Q2 FY27:

Balance Sheet Highlights (as of September 30, 2026):

Total Assets: ₹330,544.91 million (March 31, 2026: ₹265,100.97 million)
Loans: ₹271,677.94 million (March 31, 2026: ₹217,924.36 million)
Investments: ₹26,545.36 million (March 31, 2026: ₹20,114.16 million)
Cash and Cash Equivalents: ₹23,495.08 million (March 31, 2026: ₹18,686.51 million)
Debt Securities: ₹49,935.03 million (March 31, 2026: ₹22,733.21 million)
Borrowings (other than debt securities): ₹192,942.56 million (March 31, 2026: ₹166,293.23 million)
Total Equity: ₹73,891.35 million (March 31, 2026: ₹67,366.34 million)

Income Statement Highlights:

Q2 FY27 Total Income: ₹17,879.30 million (Q2 FY26: ₹11,239.08 million)
H1 FY27 Total Income: ₹33,691.32 million (H1 FY26: ₹21,289.30 million)
Q2 FY27 Profit Before Tax: ₹5,569.66 million (Q2 FY26: ₹3,140.93 million)
H1 FY27 Profit Before Tax: ₹10,269.35 million (H1 FY26: ₹5,440.96 million)
Q2 FY27 Net Profit: ₹4,183.33 million (Q2 FY26: ₹2,359.95 million)
H1 FY27 Net Profit: ₹7,717.14 million (H1 FY26: ₹4,108.99 million)
Q2 FY27 EPS (Basic): ₹4.35 (Q2 FY26: ₹2.45)
H1 FY27 EPS (Basic): ₹8.02 (H1 FY26: ₹4.53)

Balance Sheet Highlights (as of September 30, 2026):

Total Assets: ₹400,394.60 million (March 31, 2026: ₹326,760.25 million)
Loans: ₹340,792.89 million (March 31, 2026: ₹281,499.21 million)
Investments: ₹18,993.16 million (March 31, 2026: ₹12,361.00 million)
Cash and Cash Equivalents: ₹27,866.14 million (March 31, 2026: ₹20,818.11 million)

USD Bond Issuance:

On September 9, 2026, the company issued USD 300,000,000 aggregate principal amount of 7.55% p.a. Fixed Rate, Senior Secured Notes due December 2029
Issued under the company's USD 1,000,000,000 Global Medium Term Note Programme
Notes are listed on India International Exchange (IFSC) Limited and NSE IFSC Limited
Pricing approved by Management Committee on September 1, 2026

Dividend Declaration:

Board recommended dividend of ₹0.20 per equity share (face value ₹1) on April 30, 2026
Approved by shareholders at AGM on September 22, 2026
Dividend paid to eligible shareholders

Loan Assignments (Q2 FY27):

Direct assignment of loans: ₹10,499.13 million with 10% retention of beneficial economic interest
Co-lending arrangements (Direct Assignment): ₹809.23 million with 15%/30% retention
Co-lending arrangements (CLM 1): Outstanding portfolio of ₹26,566.73 million across 169,449 cases with 5 partners

RBI Non-Banking Financial Companies – Transfer and Distribution of Credit Risk Directions, 2025:

No acquisition of loans not in default or stressed loans during H1 FY27
Security receipts ratings: IVR RR 1 and IVR RR 1+ by Infomerics Valuation and Rating Ltd.
Additional consideration of ₹108.04 million realized from accounts transferred to ARCs in earlier years

RBI Non-Banking Financial Companies – Resolution of Stressed Assets Directions, 2025:

Exposure to accounts classified as standard post-resolution: ₹430.04 million as of September 30, 2026
During H1 FY27: ₹39.43 million slipped into NPA, ₹3.39 million written off, ₹32.80 million paid by borrowers

RBI Project Finance Directions:

Projects under implementation: 187 accounts with ₹45,518.94 million outstanding
8 accounts (₹874.59 million) underwent resolution process involving DCCO extension
All 8 resolution plans implemented successfully

Security Cover Certificate (as of September 30, 2026):

Total secured assets value: ₹33,054.50 million
Debt securities covered: ₹1,483.04 million
Security cover ratio: 1.26 times
Assets include property, plant & equipment (₹101.14 million), loans (₹27,167.79 million), investments (₹2,654.54 million), and cash (₹2,349.51 million)

Asset Cover (as of September 30, 2026):

Annexure A Details:

Multiple NCD issuances between August 2019 and April 2026
Total amount raised: ₹1,764.49 million through private placements and public issues
All funds utilized for stated purposes: onward lending, refinancing, working capital, and general corporate purposes
No deviations in utilization of funds
No monitoring agency appointed for any issuance

Joint Statutory Auditors: MSKA & Associates LLP and Singhi & Co.
Unmodified limited review report issued on both standalone and consolidated financial results
Review conducted in accordance with SRE 2410 issued by ICAI
Financial results prepared in accordance with Ind AS 34, RBI guidelines, and SEBI regulations