CGCL - Earnings Call Transcript - Q4_ FY25

Capri Global Capital (CGCL) reported its strongest year yet in FY25, with consolidated AUM at INR 22,857 crores, up 46% YoY, driven by 130% growth in gold loans (INR 8,042 crores), 58% growth in construction finance (INR 4,133 crores), and steady 24% growth in housing finance (INR 5,202 crores). The branch network expanded to 1,111 across 7 lakh customers, with non-interest income contributing 27% of net income from car loan origination, co-lending, and insurance distribution. Q4 PAT jumped 115% YoY to INR 178 crores (FY25 PAT: INR 479 crores, +71%), with spreads widening to 7.8%, yields at 17.3%, and cost-to-income ratio improving sharply from 70.5% to 54.8%. Asset quality held steady with gross NPA at 1.5% and net NPA at 0.9%, while liquidity stood at INR 1,827 crores and capital adequacy at 22.8%/26.9%.