Capri Global Capital

“Besides that, we will add more branches in the MSME and affordable housing.”

“In our insurance distribution business, we generated net fee income of Rs. 51 crores during the quarter.”

“thereby incentivizing distributors where customer access is limited. Capri Global could be a potential beneficiary here.”

“AUM saw robust growth to Rs. 21,000 crores, a sequential increase of 10% quarter-on-quarter, led by steady customer demand and productivity gains.”

“our more than 18-month old gold loan branches, there the average AUM per branch must still be about Rs. 20 crores. The new branches average you will find depending upon the pace and will be within Rs. 4 to Rs. 7 crores.”

“So, our focus will continue to remain in the below Rs. 3 lakh ticket size where yields are better.”

“If you look at last 3-4 quarters, it has remained in the range about 3% to 3.1%. So there is no stress we have seen in the MSME portfolio.”

“we are seeing the trend that the demand is more pronounced for about Rs. 20-25 lakh as compared to earlier one.”

“disbursement stood Rs.560 crores for Q2 FY '27, up 36% year-on-year, primarily attributed to new geography foray namely in Delhi, Uttar Pradesh, Mumbai, and Pune.”

“Our impairment costs for the quarter stood at Rs. 79 crores. This is largely attributed to the written-off accounts in construction finance book and prudent management overlay and provisions to account for evolving macroeconomic conditions.”

“And with this combination, our yields have improved to 19% in Q2’ FY27.”

“Going forward, even while the competition is increasing, we are quite confident that our yields will not go significantly lower, and we will always maintain an equilibrium between yields, growth and asset quality.”

“Our blended yields and spreads on net advances increased in the quarter to 17.5% and 8.3% respectively, driven by increasing share of high-yield products and leveraging competitive cost of funds.”

“On the expenses front, our operating expenses increased 7% quarter-on-quarter. This was mainly driven by net addition of 1,477 employees on account of higher branch addition and strategic network expansion during the quarter.”

“Our borrowings increased by 82% year-on-year, and incremental borrowings sanction limits was around Rs. 4,428 crores.”

“As a result of liability diversification and our active efforts on repricing existing borrowings, our cost of borrowings has increased only marginally quarter-on-quarter to 9.2%.”

“Our balance sheet remains robust with low leverage ratio of 3.8, providing ample headroom to support growth across business segments.”

“Our standalone capital adequacy ratio for Capri Global Capital is 22.7% and 27.8% for Capri Global Housing Finance.”

“Our liquidity remains comfortable with over Rs. 6,057 crores in cash and bank balances, investments, and undrawn credit lines for the consolidated entities.”

“Yet I am delighted to share that Capri Global raised $300 million through its GMTN program during H1 FY '27 via a maiden U.S. dollar senior secured bond issue.”

“we further raised Rs. 500 crores via commercial papers in addition to Rs. 1,271 crores raised in Q1 FY '27 through a combination of NCD and CP.”

“Just after the close, H1 FY '27, we raised Rs. 160 crores from non-convertible debentures besides the Rs. 1,271 crores raised in Q1 FY '27.”

“However, Rs. 45 crores were written off on account of construction finance slippage of Q1, wherein we recovered Rs. ~ 9 crores during the quarter and expect further recoveries over next 12 months.”

“Our gross Stage-2 assets spiked by Rs. 1,266 crores, which is entirely attributable to gold loan Stage-2 spike by similar levels and is temporal in nature”

“Shorter loans simply tripped overdue thresholds sooner. This was a widely reported industry experience. We have already discontinued these schemes and reverted to standard longer tenure structures.”

“Our consolidated gross Stage-3 ratio spiked by 22 basis quarter-on-quarter to 1.2% due to spike in gold loan at around similar levels.”

“The net Stage-3 ratio stood at about 0.8%, up 22 basis points sequentially, still standing among the top quartile in the industry.”

“So, by end of the next quarter, you will see delinquency coming down significantly in the gold loan segment.”

“delivering highest ever quarterly profit of Rs. 418 crores, a 77% increase year-on-year, and H1 FY '27 profit of Rs. 772 crores, almost double from the last year.”

“Our consolidated AUM stood at Rs. 43,878 crores, reflecting a robust 62% year-on-year growth and 9% quarter-on-quarter growth.”

“Our net interest income for Q2 FY '27 stood at Rs. 812 crores, up 69% year-on-year, driven by strong loan book expansion.”

“Non-interest income grew 34% year-on-year to Rs. 273 crores, contributing 25% on our net total income for the quarter.”

“our pre-provision operating profit surged 84% year-on-year to Rs. 636 crores for the quarter.”