Capri Global Capital - Gold Loan Growth To Glitter: IDBI Capital

Strong financial performance to continue during FY24.

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IDBI Capital Report

We interacted with the management of Capri Global Capital Ltd., wherein the management shared insights on the business model, financial performance as well as future plans of the company.

Over the last decade, Capri Global has built a diversified assets under management mix comprising of construction finance, micro, small and medium enterprise finance, housing finance as well as gold finance.

The total AUM of the company stood at ~112 billion in Q1 FY24. The company has delivered strong financial performance with AUM and net interest income growth of ~16%/~35% (FY21-23).

Going forward, management expects to continue to deliver strong financial performance supported by-

  1. improved profitability;

  2. strong AUM growth (supported by strong gold loan AUM growth) and

  3. improved operating leverages.

Click on the attachment to read the full report:

IDBI Capital Capri Global Company Update.pdf
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Also Read: Banking Q1 Results Review - Strong NII, PAT Growth On YoY Basis But Sharp Deceleration QoQ: ICICI Securities

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