Capri Global - Rs 300 Billion AUM Target For FY27: ICICI Securities

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..ICICI Securities Report.Capri Global Capital Ltd. has been successfully executing its revamped business strategy. The strategy encompasses a keen focus on scaling the gold loans business, expanding its partnership network for co-lending/car loan distribution and leveraging its pan-India distribution to grow MSME/housing in a calibrated manner. The more than 50% YoY AUM growth with gold loan AUM growing three times YoY and fee income from car loan distribution/co-lending contributing more than 15% to net income in FY24 are testament to the efficacy of its strategy. Higher growth under co-lending/car loan distribution also enables effective capital utilisation, which in-turn should help the company deliver its aspirational mid-teen return on equity by FY27. Capri Global plans to scale its AUM to Rs 300 billion by FY27 – gold/housing loans would drive growth and likely grow more than 30% in the next two–three years. Retain Add; target price revised to Rs 230 (from Rs 200, previous target price adjusted for stock split and bonus issue), valuing the stock at 2.1 times on Sep’25E book value per share..Click on the attachment to read the full report:.Global LNG Update - Supply Situation Continues To Improve: ICICI Securities.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Capri Global - Rs 300 Billion AUM Target For FY27: ICICI Securities

Gold loans, co-lending and car loan distribution – key growth pillars

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Capri Global - Rs 300 Billion AUM Target For FY27: ICICI Securities

Gold loans, co-lending and car loan distribution – key growth pillars

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