Capri Global Capital (531595) Q4 23/24 earnings summary

Executive summary

• Achieved consolidated AUM of ₹156,530 million, up 52% YoY, with 36% PAT growth to ₹2,794 million, driven by gold loan and housing finance segments.

• Expanded branch network to 935, launched car loan origination subsidiary, and secured insurance distribution license, diversifying income streams.

• Maintained strong asset quality with gross NPA at 1.92% and net NPA at 1.10% as of March 31, 2024.

• Focused on digital transformation, operational efficiency, and ESG initiatives, targeting AUM of ₹500 billion by FY2029.

Financial highlights

• Consolidated revenue grew 58% YoY to ₹23,142 million; net profit rose 37% YoY to ₹2,794 million.

• Net worth increased to ₹37,659 million; EPS at ₹3.39 (basic) for FY24.

• Net interest income reached ₹9,867 million; net interest margin at 8.4%.

• Disbursals totaled ₹160,112 million; gold loan disbursals at ₹78,751 million, car loan originations at ₹95,000 million.

• Dividend of ₹0.15 per share proposed for FY24.

Outlook and guidance

• Aims for AUM of ₹500 billion by FY2029, targeting 25%+ CAGR and high-teen ROE.

• Expects continued growth in MSME, housing, gold, and car loan segments, leveraging digital platforms and expanding into tier 2–4 cities.

• Plans to enhance fee income from car loan and insurance distribution, and co-lending partnerships.