/images/ppid_59c68470-image-178816003597887566.webp)
/images/ppid_59c68470-image-1787902557431589.webp)
/images/ppid_59c68470-image-178790252901015131.webp)
/images/ppid_59c68470-image-17879175426038366.webp)
What is the story about?
Capri Global Capital, a Mumbai-based non-banking financial company (NBFC) focused on retail lending, expects its total assets under management (AUM) to more than double from the current ₹40,000 crore to over ₹1 lakh crore within the next three to three-and-a-half years. Managing Director Rajesh Sharma said the growth will be driven largely by an expanding gold loan business and steady demand in the company's other retail segments.
"In the next four years, we should easily cross 1 lakh crore AUM. I think next three years we should be able to do that," Sharma said, adding that the company plans to add roughly 400 new branches this year, most of them for gold loans, on top of its existing 1,433-branch network.
Gold loans currently make up about 48% of Capri Global's loan book, and Sharma expects that share to rise to 55-57% once the company reaches ₹1 lakh crore in AUM. The company operates 100% of its lending against retail collateral, spanning gold loans, small business (MSME) loans and affordable housing loans.
Capri Global reported a profit after tax (PAT) of ₹353 crore for the April-June 2026 quarter. Based on that pace, Sharma said, "going by that run rate, I think achieving a ₹1,500 crore profit after tax should be possible" for the full year — an upgrade from the company's earlier guidance of ₹1,300 crore.
Shares of Capri Global Capital were trading at ₹255.08 as of 10:38 am on the NSE, giving the company a market capitalisation of ₹24,385.79 crore. The stock has gained more than 35% over the past year.
The company's return on assets (ROA), a measure of how efficiently it uses its assets to generate profit, stood at 4.1% in the first quarter. Sharma said Capri Global expects ROA to stay in the 4.1-4.5% range over the next two years, with return on equity (ROE) — a measure of profitability relative to shareholder funds — targeted at 19-20%.
The comments come days after Fidelity bought a stake of more than 1% in Capri Global in a large trade on the stock exchange on Friday (August 28). Sharma said the company had not yet confirmed the buyer's identity through official shareholding data, but added that foreign investors have been buying into the stock. Capital International, Quant Mutual Fund and LIC have also built positions in the company in recent months. As of the June quarter, foreign institutional investor (FII) holding in Capri Global stood at 8.2%.
Sharma said the company holds regular meetings with foreign investors across India, Hong Kong, Singapore, London and the US as part of its quarterly investor outreach.
Sharma confirmed that Capri Global is in discussions with Citibank and Jefferies over a potential capital raise, following media reports that the company's promoters were evaluating a primary-plus-secondary fundraise of $450-500 million. "We are contemplating that at some point of time, for the meeting of our growth targets, we have to raise some kind of capital," he said, adding that the company expects to move ahead within the next two to four quarters. He said it was too early to specify whether the raise would involve private equity or sovereign wealth investors.
Capri Global currently has a separately listed subsidiary housing its gold loan and affordable housing businesses, but Sharma said there are no immediate plans to list that subsidiary independently. "At the moment, we do not have any plans," he said, though the company may revisit the idea in a couple of years.
For the full interview, watch the accompanying vide o
Catch all the latest updates from the stock market here
"In the next four years, we should easily cross 1 lakh crore AUM. I think next three years we should be able to do that," Sharma said, adding that the company plans to add roughly 400 new branches this year, most of them for gold loans, on top of its existing 1,433-branch network.
Gold loans currently make up about 48% of Capri Global's loan book, and Sharma expects that share to rise to 55-57% once the company reaches ₹1 lakh crore in AUM. The company operates 100% of its lending against retail collateral, spanning gold loans, small business (MSME) loans and affordable housing loans.
Capri Global reported a profit after tax (PAT) of ₹353 crore for the April-June 2026 quarter. Based on that pace, Sharma said, "going by that run rate, I think achieving a ₹1,500 crore profit after tax should be possible" for the full year — an upgrade from the company's earlier guidance of ₹1,300 crore.
Shares of Capri Global Capital were trading at ₹255.08 as of 10:38 am on the NSE, giving the company a market capitalisation of ₹24,385.79 crore. The stock has gained more than 35% over the past year.
The company's return on assets (ROA), a measure of how efficiently it uses its assets to generate profit, stood at 4.1% in the first quarter. Sharma said Capri Global expects ROA to stay in the 4.1-4.5% range over the next two years, with return on equity (ROE) — a measure of profitability relative to shareholder funds — targeted at 19-20%.
The comments come days after Fidelity bought a stake of more than 1% in Capri Global in a large trade on the stock exchange on Friday (August 28). Sharma said the company had not yet confirmed the buyer's identity through official shareholding data, but added that foreign investors have been buying into the stock. Capital International, Quant Mutual Fund and LIC have also built positions in the company in recent months. As of the June quarter, foreign institutional investor (FII) holding in Capri Global stood at 8.2%.
Sharma said the company holds regular meetings with foreign investors across India, Hong Kong, Singapore, London and the US as part of its quarterly investor outreach.
Sharma confirmed that Capri Global is in discussions with Citibank and Jefferies over a potential capital raise, following media reports that the company's promoters were evaluating a primary-plus-secondary fundraise of $450-500 million. "We are contemplating that at some point of time, for the meeting of our growth targets, we have to raise some kind of capital," he said, adding that the company expects to move ahead within the next two to four quarters. He said it was too early to specify whether the raise would involve private equity or sovereign wealth investors.
Capri Global currently has a separately listed subsidiary housing its gold loan and affordable housing businesses, but Sharma said there are no immediate plans to list that subsidiary independently. "At the moment, we do not have any plans," he said, though the company may revisit the idea in a couple of years.
For the full interview, watch the accompanying vide o
Catch all the latest updates from the stock market here
/images/ppid_59c68470-image-178789013425659851.webp)
/images/ppid_59c68470-image-178790008616397503.webp)
/images/ppid_59c68470-image-178793507486848678.webp)