Capri Global CEO Ratra to Exit Jan '26 Amid Aggressive Gold Loan Growth

BANKINGFINANCE

Overview

Monu Ratra resigns as Capri Global Capital CEO, effective January 19, 2026, to pursue his own venture. The non-banking financial company, however, is aggressively expanding its gold loan portfolio, targeting ₹20 crore asset base per branch by FY27. Management also raised profit guidance to ₹900 crore this fiscal year, signaling confidence despite the leadership change.

Leadership Transition Amid Growth Strategy

Capri Global Capital announced a significant management shift with CEO Monu Ratra set to resign on January 19, 2026. Ratra, who assumed the CEO role in October 2025, intends to pursue an entrepreneurial path. His departure comes as the non-banking financial company (NBFC) embarks on an ambitious expansion in its gold loan segment.

Aggressive Gold Loan Expansion Plans

The company is doubling down on secured lending, targeting an asset base of ₹20 crore per branch by the fiscal year 2027. This push is particularly focused on rural and semi-urban markets, where demand for gold loans remains strong. Capri Global aims to close the current fiscal year with approximately ₹17 crore in gold loan Assets Under Management (AUM) per branch. Managing Director Rajesh Sharma highlighted the company's rapid branch network expansion, with plans to reach 1,000 gold loan branches by the end of January, up from 835 currently, which is expected to significantly boost the overall portfolio.

Financial Outlook Remains Positive

Despite the CEO transition, management has revised profit guidance upwards. Profits are now projected to reach around ₹900 crore in the current financial year and ₹1,300 crore in the next. This optimistic forecast underscores management's confidence in the business momentum and the effectiveness of its growth strategies. However, the market reacted with caution, as Capri Global Capital shares closed down 1.20% at ₹177.50 on Monday.

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