Latest news with #CapriGlobalCapitalLtd
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Business Standard
02-08-2025
- Business
- Business Standard
Capri Global Q1 results: Net profit jumps over two-fold to ₹175 crore
Capri Global Capital Ltd on Saturday reported more than two-fold jump in its consolidated net profit to Rs 175 crore for the quarter ended June 2025, aided by higher margins and operating efficiencies. The non-banking financial company had reported a profit after tax of Rs 76 crore in the year-ago period. Total income of the company rose by over 41 per cent to Rs 582 crore in the June quarter compared to Rs 410 crore in the year-ago period, a statement said. The non-banking financial company's consolidated assets under management (AUM) surged by 42 per cent year-on-year to Rs 24,754 crore in the first quarter of FY26, driven by robust growth in its retail loan portfolio, the company said. Capri Global's gold loans grew 69 per cent, while housing loans expanded 32 per cent during the quarter. Co-lending AUM rose 64 per cent to Rs 4,681 crore, contributing 18.9 per cent to the total AUM compared to 17.8 per cent in the previous quarter. The company's disbursements stood at Rs 8,458 crore, up 51 per cent on a yearly basis, with customer base surpassing 5.5 lakhs, it added. CGCL raised Rs 2,000 crore through a QIP during the quarter, taking its standalone capital adequacy ratio to 34 per cent. "Our tech-led infrastructure and customer-first approach will continue to enable us to scale efficiently while maintaining strong profitability. With margin expansion driven by high-yield products, steady growth in fee-based income, and tech-led cost efficiencies, we are well placed to deliver robust returns," Capri Global Capital Ltd founder & MD Rajesh Sharma said. The successful equity raise during the quarter has further strengthened our capital base, providing the capital to accelerate our geographic expansion and deepen our investments in AI and data science capabilities, he added.
News18
02-08-2025
- Business
- News18
Capri Global Q1 PAT jumps over two-fold to Rs 175 cr; AUM crosses Rs 24,750 cr
Agency: Last Updated: New Delhi, Aug 2 (PTI) Capri Global Capital Ltd on Saturday reported more than two-fold jump in its consolidated net profit to Rs 175 crore for the quarter ended June 2025, aided by higher margins and operating efficiencies. The non-banking financial company had reported a profit after tax of Rs 76 crore in the year-ago period. Total income of the company rose by over 41 per cent to Rs 582 crore in the June quarter compared to Rs 410 crore in the year-ago period, a statement said. The non-banking financial company's consolidated assets under management (AUM) surged by 42 per cent year-on-year to Rs 24,754 crore in the first quarter of FY26, driven by robust growth in its retail loan portfolio, the company said. Capri Global's gold loans grew 69 per cent, while housing loans expanded 32 per cent during the quarter. Co-lending AUM rose 64 per cent to Rs 4,681 crore, contributing 18.9 per cent to the total AUM compared to 17.8 per cent in the previous quarter. 'Our tech-led infrastructure and customer-first approach will continue to enable us to scale efficiently while maintaining strong profitability. With margin expansion driven by high-yield products, steady growth in fee-based income, and tech-led cost efficiencies, we are well placed to deliver robust returns," Capri Global Capital Ltd founder & MD Rajesh Sharma said. The successful equity raise during the quarter has further strengthened our capital base, providing the capital to accelerate our geographic expansion and deepen our investments in AI and data science capabilities, he added. PTI HG HG MR view comments First Published: August 02, 2025, 21:00 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
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Business Standard
16-07-2025
- Business
- Business Standard
Corporate bonds gain favour as government securities' yields remain steady
Debt market investors are reallocating funds to shorter-tenure corporate bonds due to attractive yields, as government securities (G-Secs) yields remain steady. The yield spread between AAA-rated five-year corporate bonds and government securities of similar maturity has widened by 22 basis points since the first week of June. Since the Reserve Bank of India (RBI) cut the policy repo rate by 50 basis points on June 6, yields on government bonds have remained steady, while corporate bond yields have hardened. 'With government bond yields effectively locked in and limited capital gain potential, the richer accrual opportunities in corporate bonds make them more appealing. There is clear interest in blending portfolios that target an overall yield of around 8 per cent,' said Ajay Manglunia, executive director and head of fixed income markets at Capri Global Capital Ltd. 'To achieve that, investors are allocating across both G-Secs and corporate bonds, with the latter offering better carry given the stagnant nature of sovereign yields,' he added. Market participants noted that, given abundant liquidity in the system, demand from banks, mutual funds, and insurance companies for such bonds has surged. With limited supply of short-term G-Secs, and the government's preference for longer-term issuances, corporate bond issuers—especially in the AA/AA+ category—are stepping in to meet demand, flooding the market with short-tenure bonds. Consequently, while demand remains strong, oversupply has led issuers to offer higher yields. Of the Rs 8 trillion the government plans to borrow in the first half of this fiscal year, 75 per cent will be through bonds with tenures of 10 years and above. 'There is a huge supply of corporate bonds now. Appetite is there because of abundant liquidity in the system. Also, there is not much credit demand. Either they are putting it in the Standing Deposit Facility (SDF) or the Variable Rate Reverse Repo (VRRR). So, half of the money that is left, they are trying to put into mutual funds. That is why many mutual funds are becoming anchor investors,' said Venkatakrishnan Srinivasan, founder and managing partner of Rockfort Fincap LLP. The net liquidity in the banking system was in surplus by Rs 2.99 trillion on Tuesday, according to the latest data from the RBI. As long as system liquidity remains elevated, corporate bond supply—especially from private AA-rated issuers—is expected to remain robust.
Business Standard
09-06-2025
- Business
- Business Standard
Volumes jump at Westlife Foodworld Ltd counter
Westlife Foodworld Ltd saw volume of 16.77 lakh shares by 14:14 IST on NSE, a 21.3 fold spurt over two-week average daily volume of 78728 shares Capri Global Capital Ltd, Happiest Minds Technologies Ltd, JBM Auto Ltd, Five-Star Business Finance Ltd are among the other stocks to see a surge in volumes on NSE today, 09 June 2025. Westlife Foodworld Ltd saw volume of 16.77 lakh shares by 14:14 IST on NSE, a 21.3 fold spurt over two-week average daily volume of 78728 shares. The stock increased 11.70% to Rs.745.40. Volumes stood at 66770 shares in the last session. Capri Global Capital Ltd notched up volume of 662.39 lakh shares by 14:14 IST on NSE, a 17.64 fold spurt over two-week average daily volume of 37.56 lakh shares. The stock rose 14.99% to Rs.174.83. Volumes stood at 155.96 lakh shares in the last session. Happiest Minds Technologies Ltd clocked volume of 15.64 lakh shares by 14:14 IST on NSE, a 10.44 times surge over two-week average daily volume of 1.50 lakh shares. The stock gained 5.05% to Rs.618.65. Volumes stood at 2.03 lakh shares in the last session. JBM Auto Ltd saw volume of 32.16 lakh shares by 14:14 IST on NSE, a 10.23 fold spurt over two-week average daily volume of 3.14 lakh shares. The stock increased 4.18% to Rs.737.30. Volumes stood at 2.28 lakh shares in the last session. Five-Star Business Finance Ltd clocked volume of 69.64 lakh shares by 14:14 IST on NSE, a 8.51 times surge over two-week average daily volume of 8.19 lakh shares. The stock gained 9.30% to Rs.798.80. Volumes stood at 25.32 lakh shares in the last session.
Mint
09-06-2025
- Business
- Mint
Capri Global Capital shares soar nearly 13% after launch of auto pay for gold loans
Shares of Capri Global Capital Ltd (Capri Loans) rallied nearly 12 percent in intra-day trading on Monday, June 9, after the company announced the launch of a new Auto Pay facility for gold loans, aimed at enhancing customer convenience and supporting its ongoing digital transformation journey. The latest offering is part of Capri Loans' strategy to strengthen its phygital ecosystem—a blend of physical and digital services—by deploying smart, technology-enabled solutions that streamline the borrower experience. Investors cheered the announcement, driving the stock to as high as ₹ 169.75, marking an 11.7 percent intraday jump. In a press release, Capri Global stated that its new Auto Pay feature will enable automatic debit of loan repayments from a customer's registered bank account on scheduled dates. This seamless repayment mechanism, activated through a standing instruction or mandate at the time of loan disbursal, helps eliminate the risk of missed payments or late penalties. The facility not only offers convenience but also enhances financial discipline among borrowers. Ravish Gupta, Business Head – Gold Loans at Capri Loans, emphasized the customer-centric nature of the innovation. 'At Capri Loans, our focus is to empower customers with smart, digital-first solutions that simplify their financial journey. The Auto Pay facility ensures timely repayments without the need to remember due dates. It reflects our continued commitment to enhance customer experience through technology-driven, user-friendly services,' he said. The company had earlier rolled out an AI-powered WhatsApp chatbot, which allows customers to manage their gold loan accounts from anywhere, 24x7. Through this chatbot, users can make payments, check interest dues, view account details, and access important documents without visiting a physical branch—underscoring Capri's efforts to digitize every aspect of the customer experience. Following the announcement, Capri Global Capital's stock surged 12.9 percent to its intraday high of ₹ 171.50, though it remains about 28 percent below its 52-week high of ₹ 236, which was hit in June 2024. Earlier this month, the stock had touched a 52-week low of ₹ 150.60. Over the past one year, the stock has declined by more than 29 percent, reflecting broader challenges. However, the recent digital initiatives appear to have improved sentiment. The stock has gained nearly 13 percent in June alone, after falling 6 percent in May and 5 percent in April. In March, the stock had added 6.5 percent, following a weak spell between December 2024 and February 2025, during which it remained in negative territory for three consecutive months. Capri Global Capital's announcement comes shortly after a strong earnings report for Q4FY25, which revealed a 115.39 percent jump in consolidated profit after tax (PAT) to ₹ 177.7 crore, up from ₹ 82.5 crore in the same quarter last year. The surge was driven by robust growth across business segments. The company's revenue from operations for the quarter stood at ₹ 739.2 crore, marking a 48.52 percent increase compared to ₹ 497.7 crore in the March quarter of FY24. Capri Global's performance reflected improved operational efficiency, customer acquisition, and overall demand in lending products, including gold loans and affordable housing. Additionally, the company's board recommended a final dividend of ₹ 0.20 per share for the fiscal year ended March 31, 2025. The proposed dividend is subject to shareholder approval at the upcoming Annual General Meeting. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
