Capri Global Results Analysis-Q3FY26

Interest Earned for Q3FY26 is Rs. 942 Crs., 38.82% growth YoY, Net Interest Income is Rs. 510 Crs, 47.78% growth YoY, Total Net Income is Rs. 751 Crs., 65.79% growth YoY, Pre-Provisioning Operating Profit is Rs. 363 Crs., 92% growth YoY, PBT is Rs. 340 Crs., 99.36% growth YoY, Net profit is Rs. 255 Crs.(Highest-ever quarterly profit), 99.38% growth YoY (Due to margin expansion, improvement in operating efficiency and a strong traction in fee income). For Q3FY26 Gross NPA 1.2% vs 1.7% in Q3FY25, Net NPA 0.7% vs 1% in Q3FY25. Return on Assets is 4% improved by 120 BPS on YoY, Return on Equity is 15% improved by 240 BPS on YoY and 60 BPS on QoQ basis. Closing Business AUM as on Q3FY26 is Rs. 30,407 Crs., 47% growth YoY, 12% growth QoQ. On QoQ basis Interest Earned growth is 6.35%, Net Interest Income has grown by 6.42%, Total Net Income growth is 9.93%, Pre-Provisioning Operating Profit has grown by 5.27%, PBT grown by 8.34% and PAT also grown by 8.22% Gold Loans: Primary growth driver; conservative collateral posture AUM: ₹12,799 cr (from ₹10,170 cr in Sep) +26% QoQ, +80% YoY. Co-lending AUM: ₹7,138 cr, +93% YoY, now ~23.5% of total AUM (up from ~21% in Q2). MSME AUM: ₹5,886 cr, +19% YoY, Housing AUM: ₹6,490 cr, +40% YoY. Construction Finance : AUM: ₹5,109 cr, +37% YoY FY26 AUM target: ₹33,000–34,000 cr (from ₹30,406 cr at 9M end). FY27 AUM target: ₹43,000–44,000 cr., FY28 AUM target revision: from ₹50,000 cr to ₹55,000 cr. Return targets: sustain ROA 4.0–4.25% and ROE ~16%+.