Finance company Capri Global Capital announced Q2FY25 results AUM: Rs 1,92,722 million, change 55.9% YoY & 10.4% QoQ. Disbursements: Rs 54,641 million, change 54.9% YoY & -2.8% QoQ. Consolidated PAT: Rs 970 million, change 48.7% YoY & 28.1% QoQ. Net Income: Rs 4,083 million, change 23.9% YoY & -0.5% QoQ. Non-Interest Income: Our non-interest income increased by 29% YoY in Q2FY25 supported by growth in co-lending fee income. CGCL continues to focus on non-interest income with its share in total income at 25.2% in Q2FY25. CGCL’s car loan business saw distribution origination of Rs 25,633 million in Q2FY25, up by 8% YoY and 15% QoQ. Asset Quality: CGCL is investing in advanced analytics and data science capabilities to enhance customer segmentation, which will further improve underwriting and allow better risk selection and pricing. Credit cost normalised and was at Rs 174 million, a decline of 24% YoY and 62% QoQ on account of oneoff technical write-off in Q1FY25. Capital Adequacy: CGCL maintains a robust financial position with a strong standalone Capital Adequacy of 23.7% in Q2FY25, supported by a Networth of Rs 32 billion. Similarly, CGHFL boasts a CAR of 31.9% and a Networth of Rs 8.2 billion ending Q2FY25. Rajesh Sharma, Founder & Managing Director, Capri Global Capital, said: “We continue to see strong growth momentum and further diversify our product offering with the launch of new products Micro Lap and Roof Top Solar loans as Green Financing under our MSME segment. We believe that our significant investments in technology and focus on increasing branch and employee productivity will start yielding results in terms of reduction our cost / income ratio further. With steady increase in fee income and improvement in yields, we see further upside to our profitability. We will continue to maintain a strong focus on asset quality and strengthen our coverage ratio whilst maintaining healthy capital adequacy. As we move ahead with same vigour, we remain confident to achieve Rs 30 billion AuM by FY27 and 15%+ RoE over medium term.” Result PDF