Highlights

• Capri Global reported 60% year-on-year growth in AUM for FY26.
• Profit after tax increased significantly on both quarterly and annual basis.
• Improvement in asset quality reflected in lower net non-performing assets during the year.

Capri Global Capital Limited (NSE:CGCL) reported consolidated assets under management (AUM) of ₹3,66,233 million for FY26, compared to ₹2,28,602 million in FY25, reflecting a 60% year-on-year increase. The growth was supported by expansion across MSME, gold loans, and housing finance segments.

The company’s AUM mix shows a higher share of gold and housing segments, along with MSME loans. Co-lending also contributed to growth, with its share increasing as part of the overall portfolio.

Quarterly Financial Performance

For Q4 FY26, net interest income stood at ₹5,956 million, compared to ₹3,807 million in Q4 FY25, reflecting a 56% increase. Non-interest income was ₹2,472 million, up from ₹1,817 million, showing a 36% rise.

Operating profit for the quarter stood at ₹4,268 million, compared to ₹2,540 million in the same period last year, reflecting a 68% increase. Profit after tax was ₹2,828 million, up from ₹1,777 million, marking a 59% growth year-on-year.

Annual Financial Performance

On a full-year basis, net interest income increased to ₹19,979 million from ₹13,314 million, while non-interest income rose to ₹8,597 million from ₹5,014 million.

Operating profit stood at ₹14,464 million compared to ₹7,341 million in FY25, showing a 97% increase. Profit after tax reached ₹9,486 million, compared to ₹4,785 million in the previous year.

The cost-to-income ratio improved to 49.4% from 59.9%, indicating better cost management. Return on average equity (ROAE) increased to 16.5%, while return on average assets (ROAA) stood at 3.5%.

Asset Quality and Risk Metrics

The company reported net non-performing assets (NNPA) at 0.5% for FY26, compared to 0.9% in FY25, reflecting improvement in asset quality. Credit cost remained controlled, supported by provisioning and underwriting practices.

Segment-wise data indicates relatively lower NPAs in gold and construction finance, while MSME and housing segments maintained stable trends.

Operational Expansion and Distribution

The company expanded its branch network to 1,429 branches, compared to 1,331 branches in the previous quarter. The expansion included growth in gold loan branches and presence across multiple states and union territories.

The company also reported a pan-India presence through over 800 locations for car loan distribution, along with partnerships with multiple financial institutions.

Stock Performance

Capri Global Capital’s (NSE:CGCL) stock trading at ₹188.60, gaining ₹2.42 or +1.30% as on 04 May 2026. The price has recovered nearly 15–18% from its March low around ₹160. It is trading above the 50-day moving average of ₹173.20, indicating strength. RSI stands at 62.05, showing positive momentum but not overbought. Volume was around 3.91 million, supporting the recent uptrend.

Key Risks to Monitor

• Asset quality may be affected by stress in MSME and retail borrower segments.
• Rising borrowing costs could impact margins and profitability.
• Dependence on co-lending partnerships may influence growth consistency.
• Regulatory changes for NBFCs may affect operations and capital requirements.

Summary

Capri Global Capital Limited (NSE:CGCL) reported growth in AUM and profitability for FY26, supported by expansion across loan segments and improvement in cost efficiency. Quarterly performance showed higher income and profit compared to last year. Asset quality improved with lower NNPA levels, while branch expansion and co-lending partnerships supported business growth.

FAQs

1. What was Capri Global’s AUM growth in FY26?
   The company reported a 60% year-on-year increase in AUM, reaching ₹3,66,233 million for FY26.
2. How did Capri Global perform in Q4 FY26?
   The company reported higher income and profit, with PAT increasing 59% year-on-year during the quarter.
3. What is the asset quality position of the company?
   Net non-performing assets stood at 0.5%, showing improvement compared to the previous financial year.