Capri Global Capital (531595) Q2 24/25 earnings summary

Executive summary

• Achieved 56% year-on-year AUM growth to INR 19,273 crore (Rs1,92,722mn), with disbursals up 55% year-on-year, led by gold and housing loans.

• Retail AUM remained above 80% of total, with strong momentum in housing and gold loans; PAT reached INR 970 million, up 49% year-on-year, and ROAA at 2.3%.

• Technology and AI initiatives enhanced operational efficiency and customer experience.

• Expanded branch network to 997 and staff count to 10,683, reflecting increased geographical presence.

• Board approved unaudited financial results and public issue of NCDs up to INR 1,000 crore.

Financial highlights

• Net interest income for Q2 FY25 was INR 305 crore (Rs3,050mn), up 22% year-on-year; non-interest income reached INR 103 crore (Rs1,033mn), up 29% year-on-year.

• Consolidated net profit for Q2 FY25 was INR 97 crore (Rs970mn), up 49% year-on-year; pre-provisioning operating profit rose 34% year-on-year to INR 146 crore (Rs1,457mn).

• Disbursements for the quarter were INR 5,465 crore (Rs54,641mn), up 55% year-on-year.

• Consolidated networth at Rs40,125mn, up 8.9% year-on-year.

• Standalone and consolidated total income for H1 FY25 was ₹10,834 million and ₹14,709 million, respectively.

Outlook and guidance

• Confident of crossing INR 30,000 crore AUM by FY27, with continued growth in MSME, gold, and new products.

• Targeting mid-teen ROE by March 2027, with ROE expected to reach around 11% this year.

• Board approved raising up to Rs10,000mn via NCDs and up to Rs20,000mn via equity/other instruments to support growth.