Capri Global Capital (531595) Q3 25/26 earnings summary

Executive summary

• Achieved highest-ever quarterly profit of INR 2,554 million in Q3 FY26, up 99% year-on-year, with robust growth across all lending segments and continued asset quality discipline.

• Consolidated AUM reached INR 304,065 million, growing 47% year-on-year, driven by expansion in gold loans, housing, MSME, and co-lending.

• Customer base exceeded 630,000, with a total branch network of 1,331 and employee base up 7% quarter-on-quarter.

• Board approved unaudited financial results for Q3 FY26 and a Global Medium Term Note (GMTN) programme to raise up to USD 1 billion.

• Invested Rs. 200 crore in Capri Global Housing Finance Limited (CGHFL) through a rights issue.

Financial highlights

• Net interest income for Q3 FY26 was INR 5,100 million, up 48% year-on-year; non-interest income grew 124% year-on-year to INR 2,400 million, contributing 32% of net total income.

• Q3 FY26 total income rose 66% year-on-year to INR 7,507 million; pre-provision operating profit surged 92% year-on-year to INR 3,634 million.

• PAT reached INR 2,554 million, up 99% year-on-year; ROE improved to 15% and ROA to 4% for the quarter.

• Cost-to-income ratio improved to 51.6% from 58.2% year-on-year; net interest margin stood at 9.1%.

• Earnings per share (consolidated, basic) for Q3 FY26 was Rs. 2.66, up from Rs. 1.55 in Q3 FY25.

Outlook and guidance

• FY26 AUM guidance revised to INR 330–340 billion; FY27 target set at INR 430–440 billion; FY28 AUM target raised to INR 550 billion.

• Aims to deliver ROE of 16–18% and ROA of 4–4.5% by FY28, leveraging product diversification, technology, and operational efficiency.

• Plans to add 750–800 new branches over the next three years and deepen presence in new geographies.

• Gold loan AUM expected to grow to 45–46% of total AUM; MSME, construction finance, and housing to remain at 18–20% each.