Capri Global Sets Ambitious Goals: ₹550 Billion AUM Target by FY28

Capri Global Capital Ltd reported ₹9,486 million in Profit After Tax (PAT) for FY26, with Assets Under Management (AUM) reaching ₹366,233 million.

Growth Strategy and FY26 Performance

Capri Global Capital Limited has outlined its strategic vision, detailing aggressive growth plans.

Key financial results for FY26 were presented, showing a Profit After Tax (PAT) of ₹9,486 million and Assets Under Management (AUM) of ₹366,233 million.

Central to its strategy is a target to increase AUM to ₹550 billion by FY28, aiming for a Return on Average Equity (RoAE) between 16.0% and 18.0%.

Strategic Vision and Market Ambition

This filing signals Capri Global's intent to scale its operations, targeting substantial AUM growth over the next three years.

Achieving these targets requires successful product diversification, geographic expansion, and efficient use of technology.

This positions the company to vie for a larger market share in the competitive NBFC sector.

Company's Growth Trajectory

Capri Global Capital has pursued an aggressive growth trajectory, significantly increasing its AUM in recent years.

The company has actively raised capital through Qualified Institutional Placements (QIPs) and debt issuances to fund its expansion.

This growth path continues strategic efforts to build a larger balance sheet and expand its market presence.

Key Initiatives for Expansion

Shareholders can expect a stronger focus on growth-led strategies and market penetration.

Increased investment in technology and expanding the branch network is anticipated.

The company aims to boost fee income through customer base growth and cross-selling.

Diversifying borrowing sources is planned to strengthen liability management.

Identified Risks

No specific risks were detailed in the filing, and recent news reports have not identified any.

Comparison with Peers

Capri Global's FY28 AUM target of ₹550 billion positions it among companies aiming to challenge larger peers.

For context, Cholamandalam Investment reported AUM of approximately ₹75,000 crore and Net Interest Margins (NIMs) of 6-7% in FY23-24, with RoAE around 15%.

Bajaj Finance, a leading peer, has a much larger AUM exceeding ₹2.7 lakh crore and NIMs around 11-12% in FY23-24.

Key Financial Metrics

• Assets Under Management (AUM) stood at ₹366,233 million as of FY26 on a consolidated basis.
• Profit After Tax (PAT) for FY26 was ₹9,486 million on a consolidated basis.
• Total Borrowings were ₹241,121 million as of FY26 on a consolidated basis.
• Net Interest Margin (NIM) for FY26 was 8.6% on a consolidated basis.

Key Areas to Monitor

• Monitor the actual pace of product diversification and geographic expansion.
• Track progress towards achieving the target of ₹550 billion AUM by FY28.
• Observe the company's ability to maintain target RoAE of 16.0-18.0% amidst aggressive growth.
• Keep an eye on borrowing costs and liability management strategies.
• Evaluate technology adoption and its effectiveness in boosting efficiency.