Capri Global Capital (531595) Q1 26/27 earnings summary

Executive summary

• Achieved highest ever quarterly profit after tax of INR 3,534 million, up 102% year-on-year for Q1 FY27, with robust growth across all lending segments and strong asset quality maintained.

• Consolidated AUM reached INR 40,112 crore (₹401,116 million), up 62% year-on-year and 10% quarter-on-quarter, driven by gold loans, MSME, and housing finance.

• Technology advancements included collaboration with OpenAI for enterprise-grade AI and launch of a $1 billion GMTN program to diversify funding.

• Branch network expansion and productivity gains supported growth, with customer base exceeding 7.6 lakh and gold loan branches at 1,000.

• Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, with an unmodified review report from joint statutory auditors.

Financial highlights

• Net interest income rose 79% year-on-year to INR 7,364 million, supported by loan book growth and margin expansion.

• Non-interest income grew 28% year-on-year to INR 217 crore, contributing 23% of net total income.

• Pre-provision operating profit surged 171% year-on-year to INR 532 crore.

• Cost-to-income ratio improved to 44.2% from 49.4% in the previous quarter and 46.5% YoY.

• Consolidated revenue from operations for Q1 FY27 was ₹15,764.75 million, up from ₹10,941.71 million in Q1 FY26.

Outlook and guidance

• Revised AUM target to INR 65,000 crore (₹650 billion) by FY 2028, with expected CAGR of 28–30%.

• Confident of sustaining ROE at 19%-21% and ROA at 4.2%-4.7% by FY 2028, even with ongoing branch expansion.

• Strategic focus on product diversification, geographic expansion, technology adoption, and liability management.