Lends money across four segments — gold loans, MSME loans, housing finance, and construction finance — and earns the spread between the interest it charges borrowers and the cost at which it borrows. In Q1 FY27, consolidated AUM stood at Rs 40,112 crore, up 62% YoY, with gold loans at Rs 19,179 crore (~48% of the book), housing at Rs 7,815 crore, MSME at Rs 6,779 crore, and construction finance at Rs 6,332 crore. Earnings are driven by net interest income (Rs 736 crore in Q1 FY27, up 79% YoY) and non-interest income (Rs 217 crore), with blended yields at 17% and spreads at 7.8%. The main cost line is employee expense at 21.3% of revenue, with other operating costs at 6.2% and depreciation at 2.3%; cost-to-income ratio stood at 44.2%. Borrowing is funded through bank loans, NCDs (including Rs 1,446 crore raised across 11 issues in Q1 FY27), commercial paper (A1+ rated), and a USD 1bn GMTN programme at GIFT City, with total bank loan and NCD facilities rated at AA plus. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Gold loans (48%), Housing finance (19%), MSME loans (17%), Construction finance (16%). Cyclical, spread-driven NBFC lending with a retail-customer base and a gold-loan-tilted portfolio
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 969 | 1,463 | 2,313 | 3,248 | 4,731 |
| EBITDA (ex other income) | 601 | 842 | 1,288 | 2,005 | 3,086 |
| margin % | 62.0 | 57.5 | 55.7 | 61.7 | 65.2 |
| Owners' profit | 0 | 0 | 0 | 0 | 0 |
| EPS, as reported (₹) | 11.69 | 11.06 | 3.39 | 5.80 | 10.15 |
| ROE % · ROCE % | 10.7 · — | 5.7 · — | 7.3 · — | 11.1 · — | 13.2 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (1,341) | (2,994) | (3,701) | (4,312) | (8,728) |
| Capex | (11) | (123) | (64) | (49) | (60) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 752 | 821 | 957 | 1,004 | 1,121 | 1,220 | 1,385 | 1,576 |
| Profit before tax | 128 | 171 | 236 | 230 | 314 | 340 | 373 | 470 |
| Net profit | 97 | 128 | 178 | 175 | 236 | 255 | 283 | 353 |
| EPS (₹) | 1.18 | 1.55 | 2.15 | 2.05 | 2.45 | 2.66 | 2.94 | 3.67 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 9 Sept 2026 · Capri Global raises USD 300M via 7.55% senior secured notes due 2029 | fund raising | high | — | — |
| 9 Sept 2026 · Capri Global raises USD 300M via 7.55% senior secured notes due 2029 | fund raising | high | — | — |
| 9 Sept 2026 · Capri Global raises US$300 million via 7.55% secured notes | fund raising | high | — | — |
| 9 Sept 2026 · Capri Global Capital files pricing supplement for USD 300M notes at 7.55% | fund raising | high | — | — |
| 8 Sept 2026 · Fitch assigns final BB- rating to USD 300M senior secured notes | credit debt | medium | — | — |
| 2 Sept 2026 · Moodys assigns Ba3 rating to Capri Global USD notes | credit debt | medium | — | — |
| 2 Sept 2026 · Capri Global raises $300M via maiden US Dollar bond issuance | fund raising | high | — | — |
| 1 Sept 2026 · Capri Global Capital approves USD 300 million senior secured notes | fund raising | medium | — | — |
| 1 Sept 2026 · Capri Global Capital raises USD 300M via 7.55% senior secured notes due 2029 | fund raising | high | — | — |
| 1 Sept 2026 · Capri Global gets BB-/Positive rating for proposed USD 300M note issuance | credit debt | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 75.8 |
| MUTHOOT FINANCE LIMITED | 1,12,094 | 9.9 | 2.82 | 3.9 | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 22.6 | 18.2 | 122 of 212 | 43% |
| P/B | 3.5 | 1.1 | 207 of 245 | 16% |
| ROE | 13.2 | 3.0 | 32 of 266 | 88% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 68.8 | 48.6 | 86 of 249 | 66% |
| Revenue growth | 57.0 | 12.6 | 56 of 231 | 76% |
| Profit growth | 102.0 | 7.8 | 65 of 251 | 74% |
| Market cap | 25545 | 37 | 15 of 260 | 95% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
