Capri Global Capital Limited · NSE:CGCL

Capri Global Capital — Investor Presentation (May 2025)

65 slides from Capri Global Capital's investor presentation, May 2025

  1. Slide 1: Capri Global Capital Corporate Presentation

    Capri Global Capital Corporate Presentation May 2025

  2. Slide 2: Table of Content

    Table of Content 1 Positioning Highlights 2 Key Strategies 3 Company Overview 4 Technology and Data Science 5 Financial Performance 6 ESG

  3. Slide 3: Capri Global Capital Limited – Fast Growing NBFC with 49% AuM CAGR

    Capri Global Capital Limited – Fast Growing NBFC with 49% AuM CAGR1 Overview Our Offerings Our Growth hsfe ➢ Retail focused & Granular Portfolio FY23 FY25 ➢ Secured & Diversified Loan book 2.21x Insurance AUM 1,03,204.76 2,28,601.98 MSME Loan Distribution (₹ mn) ➢ Catering Unbanked and Underserved s

  4. Slide 4: Positioning Highlights

    1) Positioning Highlights NX

  5. Slide 5: Proven Track Record of Execution and Scaling Businesses in a Disciplined Way

    Capri Global has Proven Track Record of Execution and Scaling Businesses in a 1 Disciplined Way Long Vintage Makes Business Model Resilient through Macro Events CAPRI 1.0: Establishing the Bedrock of a MultiFold Growth CAPRI 2.0: Cementing Leadership through Tech Up to ~54x AUM Growth in 12 yrs 228,

  6. Slide 6: Launched, Built and Scaled 4 New Businesses in Last 5 Years

    Capri Global has Proven Track Record of Execution and Scaling Businesses in a 1 Disciplined Way… Launched, Built and Scaled 4 New Businesses in Last 5 Years Recent Lending Businesses Recent Fee Businesses Gold Loan Micro LAP Car Loan Origination Insurance Distribution Launched in Aug’22 Launched in

  7. Slide 7: India Offers Massive Opportunity for Credit Growth

    India Offers Massive Opportunity for Credit Growth – Favorable Macro and 2 Monetization of Household Savings to Lead the Way India’s Golden Age | 3rd Largest Economy by 2030, “Developed” Aspiration by 2047 India’s GDP to Increase by $3.1 Trn in 7 Years from CY23 to CY30P, ~2.4 times of Increase from

  8. Slide 8: Retail Secured Lending Has Massive Under penetration and Credit Gap

    2 Retail Secured Lending Has Massive Under penetration and Credit Gap Capri Global is a Retail Focused Secured Lender – >80% Retail and 100% Secured Book Retail credit to grow on a faster pace compared to overall credit MSME Loan remains underpenetrated with significant credit gap Retail1 Overall Cr

  9. Slide 9: NBFCs have Unique Strengths To Address the Credit Gap and Grow Strongly

    2 NBFCs have Unique Strengths To Address the Credit Gap and Grow Strongly Unique Proposition to cater to the “Aspiring” and T2/T3 segment Rural Reach – Access to geographies outside the ambit Understanding of Micro Markets – Nuances of the of Bank’s customer segment geography & services business Hig

  10. Slide 10: Focus Segments – MSME Loan, Housing Loan, Micro Lap & Gold Loans

    Capri Global’s Focus Segments – MSME Loan, Housing Loan, Micro Lap & Gold 3 Loans have Strong Growth Opportunity Capri Global is focussing on providing loans in high growth segments to underbanked & underserved customers Industry MSME Loan Industry Housing Loan NBFC Share: 24% HFC Share: 20% 58 - 60

  11. Slide 11: Established Expertise in Each of the Business Segments

    4 Capri Global has Established Expertise in Each of the Business Segments MSME & Housing Loans Gold Loan Construction Finance Deep understanding of sector specific Superior execution capability – Reached Niche expertise - deep knowledge of the nuances and focus on SENP customers with average AuM per

  12. Slide 12: Diversified Business by Product and Geography

    5 Capri Global has Diversified Business by Product and Geography… No Product >35% and No State >25% Product Diversification – Entering into New Segments Geographical Diversification – Entering into New Markets# 1.09% 2.00% 0.89% 1.87% 3.30% 2.48% 2.68% 0.82% 3.04% 17.73% 18.08% 23.09% 2.53% 19.33% 4

  13. Slide 13: Delivered through Extensive Branch Network

    6 …Delivered through Extensive Branch Network Significant Investments in Branch Expansion - Rapidly Growing with Deeper Penetration across States MSME, Housing Finance, Construction Gold Loan Branches 01 Finance and Car Loan Distribution 308 Branches in 19 States & UTs 02 803 Branches in 10 States &

  14. Slide 14: Capri Global has Developed Advanced Technology

    7 Capri Global has Developed Advanced Technology Significant Investment in Advanced Technology and Data Analytics Capabilities Dedicated 150+ member on-roll Efficiently designed system team, committed to delivering 1 5 architecture - customizable and advanced solutions scalable platform End to end d

  15. Slide 15: Comprehensive Credit Assessment Approach for MSME & Housing Loans

    Capri Global is Following a Comprehensive Credit Assessment Approach for 8 MSME & Housing Loans Credit Bureau checks Parameterised Geo Tagging Residence and Business Property Technical Personal Evaluation Discussion Dedupe and negative list verification Central Standardised Income Assessment Templat

  16. Slide 16: Underwriting Gold Loans Through End-to-End Digital Process

    9 Capri Global is Underwriting Gold Loans Through End-to-End Digital Process A proprietary LOS (Swarnim) for digital loan processing, disbursal, collection and customer experience Transparent process through live CCTV recording of gold evaluation ➢ 100% digital journey enabling faster loan approvals

  17. Slide 17: Disciplined and Data Analytics Driven Approach to Collections

    Capri Global has Adopted a Disciplined and Data Analytics Driven Approach 10 to Collections… Customised channel wise collection strategy basis past customer behavior PRE-BOUNCE STRATEGY POST-BOUNCE STRATEGY ✓ ML based EWS model for customer risk profiling, bounce rate & NPA ✓ Sloppy payer model – ro

  18. Slide 18: Backed by Prudent Risk Management

    11 … Backed by Prudent Risk Management Improving Asset Quality and Adequate Provisioning 99.88% NPA (%) Gross Net PCR (%) 45.19 Secured loans 41.74 (FY25) 1.92 (Collateral cushion) 1.74 1.53 30.90 ~31%* 1.21 Login to Sanction ratio (FY25) 1.06 (Superior Customer 0.90 Selection) *For MSME Loan, Housi

  19. Slide 19: Robust Balance Sheet and Effective Liability Management

    12 Capri Global has Robust Balance Sheet and Effective Liability Management… Capital Adequacy - CRAR (%) Borrowings (₹ mn) (FY25) ALM Market Borrowings ICD 33.13 39.86 3.27% 0.17% 30.51 Financial institutions 26.93 12.28% 26.62 NHB 22.84 Refinancing Total: No 5.64% Maturity risk ₹ 1,55,768.11 mn (Cu

  20. Slide 20: Diversification Through Leveraging Co-lending

    12 … Through Leveraging Co-lending Additional Funding Source & High RoE Accretion CGCL retains 20-30% CGCL earns spread and Additional source of 1 while co-lending partners (CLPs) retain the balance 2 loan servicing fee on the co-lending loans 3 funds while conserving capital and boost RoE 4 Diversi

  21. Slide 21: Strong Corporate Governance

    13 Capri Global has Strong Corporate Governance Distinguished and Qualified Board Comprised Majorly of Independent Directors Lingam Venkata Subramanian Rajesh Sharma Ajit Mohan Sharan Desh Raj Dogra Nupur Mukherjee Shishir Priyadarshi Prabhakar Ranganathan Chairman & Managing Director Independent Di

  22. Slide 22: Experienced and Stable Leadership Team (1/2)

    14 Capri Global has Experienced and Stable Leadership Team (1/2) Proven Track Record of Scaling Businesses RETAIL BUSINESS CONSTRUCTION FINANCE & INDIRECT LENDING FEE BASED BUSINESS Ravish Gupta Vijay Kumar Gattani Sanjay Manglani Business Head — Gold Loans Director – Credit – CF Head - Insurance Ex

  23. Slide 23: Experienced and Stable Leadership Team (2/2)

    14 Capri Global has Experienced and Stable Leadership Team (2/2) Proven Track Record of Scaling Businesses CORPORATE FUNCTIONS Divya Sutar Partha Chakraborti Vinay Surana Director — Business Strategy Chief Financial Officer Head — Treasury GMP (Harvard Business School), Master’s Ex-R R Kabel, Hafele

  24. Slide 24: Key Strategies

    2 Key Strategies

  25. Slide 25: Way Ahead: Strategic Initiatives to Drive Scale

    Way Ahead: Strategic Initiatives to Drive Scale… Key initiatives Geographic Expansion and Leverage Technology and Analytics Diversify our Product Offerings Deepening our Presence for Operational Excellence • Offer customized products to address • Open new branches in existing and newer • Use Generat

  26. Slide 26: Deliver Sustainable Returns

    … and Deliver Sustainable Returns… Key levers for RoE expansion Margin High Quality Underwriting Cross Sell Expansion + Fee Income + Cost Efficiency + Efficiency + Opportunity Increase in share Operating Leverage of high yield Expansion of Car leverage from Reduction in credit customer base for prod

  27. Slide 27: Company Overview

    3 Company Overview

  28. Slide 28: Capri Global - Key Highlights

    Capri Global - Key Highlights Retail Focused: Retail secured lending has massive under penetration and large credit gap; Retail NBFCs better placed; >80% Retail and 100% Secured loan book Huge Market Opportunity: Focus Segments MSME loans, Micro LAP, Affordable Housing loans and Gold loans offer str

  29. Slide 29: Capri Global - Key Highlights

    Capri Global - Key Highlights Technology Edge: Dedicated tech center with 131 engineers and 22 data scientists, developing advanced tech and data analytics platform; Complete Suite of In-house developed applications for end-to-end digital process Robust Credit Underwriting and Disciplined Collection

  30. Slide 30: Capri Global – One Snap View

    Capri Global – One Snap View Retail-Focused, Secured, High Growth, Well-Diversified & Tech-Enabled NBFC Scale of Operations Distribution^ Granular Book Asset Quality Liability Profile Profitability@ ₹ 2,28,601.98 mn 1,111 99.88% 1.53% 21 6.85% / 6.81% AUM in FY25 Number of Branches Secured Lending G

  31. Slide 31: MSME Loans | Retail Focused with Granular and Secured Loan Book

    MSME Loans | Retail Focused with Granular and Secured Loan Book Transforming Business WHO ARE OUR CUSTOMERS? WHAT OUR CUSTOMERS NEED? Loans with advanced ➢ Self Employed Non-Professional (SENP) and underserved ➢ Working capital, purchase of equipment and vehicles e.g. Provision stores, retail outlet

  32. Slide 32: Affordable Housing Loans | Retail Focused with Granular and Secured Loan Book

    Affordable Housing Loans | Retail Focused with Granular and Secured Loan Book Offering Affordable WHO ARE OUR CUSTOMERS? WHAT OUR CUSTOMERS NEED? Housing Loans with ➢ Underserved – SENP & formal salaried customers ➢ Home/Plot purchase, extension, renovation, Home equity advanced technology ➢ Majorly

  33. Slide 33: Gold Loans | Retail Focused with Granular and Secured Loan Book

    Gold Loans | Retail Focused with Granular and Secured Loan Book Led by end-to-end WHO ARE OUR CUSTOMERS? WHAT OUR CUSTOMERS NEED? digital journey ➢ Small business owners, Salaried individuals, Women ➢ Transparent, timely and hassle-free customer experience entrepreneurs & Small and marginal farmers

  34. Slide 34: Construction Finance | Retail Focused with Granular and Secured Loan Book

    Construction Finance | Retail Focused with Granular and Secured Loan Book Led by deep underwriting WHO ARE OUR CUSTOMERS? WHAT OUR CUSTOMERS NEED? knowledge of segment ➢ Small & mid-sized real estate developers in Metro and Tier 1 ➢ Financing required by builders for construction of affordable citie

  35. Slide 35: Car Loan Origination | Complementary Asset Light Income Streams

    Car Loan Origination | Complementary Asset Light Income Streams Rising Loan Originations (₹ mn) 02 12 PAN India Presence 15 105,518.76 Partner Banks & financial institutions 25 04 97,414.74 23 36 04 04 56,939.20 ₹2407.21 mn 04 80 01 09 62 39 02 Gross fee income (FY25) 03 03 26 01 FY23 FY24 FY25 52 0

  36. Slide 36: Insurance Distribution | Complementary Asset Light Income Streams

    Insurance Distribution | Complementary Asset Light Income Streams Strategic Partnerships with 18 Insurance Companies Policies | Key Statistics Gold 81.33% 9 5 4 Cross Sell 84.70% Housing 8.82% MSME 7.26% Direct 15.30% Car Loan 1.86% Life Insurance General Insurance Health Insurance Others 0.73% Comp

  37. Slide 37: Technology and Data Science

    4 Technology and Data Science

  38. Slide 38: Complete Suite of In-house Developed Applications for End-to-end Digital Journey

    Complete Suite of In-house Developed Applications for End-to-end Digital Journey of MSME and Housing Loans Disbursement & 1 Customer Onboarding 2 Credit Underwriting 3 Customer Engagement 4 Collections & Legal Lead Generation Loan Processing Digital Disbursement AI Led Digital Collection In-house LO

  39. Slide 39: 1. Customer Onboarding – Pragati Mobile App

    1. Customer Onboarding Pragati Mobile App A digital customer on-boarding app empowering direct sales executives to collect customer documents electronically and smooth application login process Digital document collection - high-accuracy OCR for upload of KYC, ➢ income, property and business documen

  40. Slide 40: 1. Customer Onboarding – Capri Business Partner App

    1. Customer Onboarding Capri Business Partner App A digital platform enabling seamless end-to-end engagement with Capri Business Partners ➢ Real-time updates on lead qualification and loan progress ➢ Live status tracking of loan progress and easy document upload ➢ Automated invoicing - one-day incen

  41. Slide 41: 2. Credit Underwriting

    2. Credit Underwriting Central Processing Unit Personal Discussion Mobility App A centralized unit for quality and non-discrepancy checks An app designed for personal discussions (PD) and property verification Integrated query module for customers to upload additional ➢ documents securely via WhatsA

  42. Slide 42: 2. Credit Underwriting – Technical Evaluation

    2. Credit Underwriting Technical Evaluation - Digital App for Collateral Evaluation An in-house developed technical app ensuring uniformity and accuracy in collateral evaluation ➢ Historical transaction data for trends in property values ➢ Insights from property registration data ➢ Delinquency trend

  43. Slide 43: 2. Credit Underwriting – Risk-Based Pricing

    2. Credit Underwriting Risk-Based Pricing A BRE and scorecard-driven approach ensuring commercial approvals aligned with customer risk profile CapriScore based on customer demographic, bureau score and application ➢ parameters, collateral quality ➢ Customer categorization by risk profile System reco

  44. Slide 44: 2. Credit Underwriting – Comprehensive Dashboards

    2. Credit Underwriting Comprehensive Dashboards – CAM Summary Focus on TAT Improvement Digital Security: Strong Room Managed by High Tech AI System FocusedBranch approach to monitor Security: region-wise, branchwise and process stage 3 Layers ➢ Consolidated summary of Credit Appraisal Memorandum(CAM

  45. Slide 45: 3. Disbursement and Customer Engagement

    3. Disbursement and Customer Engagement E-sign Capri Loans App A fully digital process offering a seamless customer experience for loan A digital and secure platform designed for customer engagement and sanction and disbursement payments ➢ E-Stamp and E-Sign digital sanction documents ➢ Easy access

  46. Slide 46: 4. Collections | Disciplined And Data Analytics Driven Approach

    4. Collections | Disciplined And Data Analytics Driven Approach Collection Dashboard CollectXpress App A state-of-the-art dashboard offering real-time analysis and visibility A digital app designed to enhance productivity of field collection agents into field collection progress ➢ Route map optimiza

  47. Slide 47: 5. Underwriting Gold Loans Through Technology

    5. Underwriting Gold Loans Through Technology End-to-end Digital Process A proprietary LOS (Swarnim) that digitizes and streamlines loan processing, customer experience and risk management ➢ 100% digital journey enabling faster loan approvals OTP-Based E-Sign to simplify documentation and reduce ➢ o

  48. Slide 48: 5. Underwriting Gold Loans Through Technology

    5. Underwriting Gold Loans Through Technology End-to-end Digital Process Digital Disbursement and Collection Dedicated relationship manager for smooth and faster customer ➢ onboarding process Transparent process through live CCTV recording of gold evaluation by ➢ certified gold valuers ➢ Customer li

  49. Slide 49: 5. Underwriting Gold Loans Through Technology

    5. Underwriting Gold Loans Through Technology State-of-the-Art Branches Equipped with AI Powered Security Systems Digital Security: Strong Room Managed by High Tech AI System Branch Security: 3 Layers ➢ Access linked with 3 Door Interlock System ➢ Access to main channel gate lock post verification b

  50. Slide 50: Financial Performance

    5 Financial Performance

  51. Slide 51: AUM and Loan Growth

    AUM and Loan Growth Consolidated AUM Up 46.03% YoY AUM Break Up (₹ mn) AUM Growth and Co-lending Share (%) 103,204.75 156,540.38 2,28,601.98 Co-lending AuM as a % CAGR (%) 2,041.72 Product of Segment AUM (%) 41,329.13 (FY23-FY25) (FY25) 3,152.29 52,019.41 26,212.79 42,091.04 MSME Loan 10.06% 18.99%

  52. Slide 52: Segment Wise Loan Yields

    Segment Wise Loan Yields Higher Yields MSME (%) Housing Finance (%) 12.85% 15.92% 12.67% 12.73% 15.70% 15.37% FY23 FY24 FY25 FY23 FY24 FY25 Gold Loans (%) Construction Finance (%) 19.91% 17.77% 18.62% 17.56% 17.49% 14.11% FY23 FY24 FY25 FY23 FY24 FY25 Note: Interest income is calculated including In

  53. Slide 53: Loan Yields & Margins

    Loan Yields & Margins Higher spreads and margins Yield on Loans (%)* Cost of Funds (%)* 9.60% 16.45% 9.00% 15.81% 8.40% 14.90% FY23 FY24 FY25 FY23 FY24 FY25 Spread on Loans (%) Net Interest Margin (%)^ 6.81% 6.85% 8.45% 8.46% 6.50% 7.58% FY23 FY24 FY25 FY23 FY24 FY25 ^NIM is calculated as Net Intere

  54. Slide 54: Financial Highlights

    Financial Highlights High share of non-interest income Net Interest Income (₹ mn)^ Non-Interest Income# (₹ mn) 13,636.55 29.64% 27.35% 26.90% 5,019.23 10,194.67 3,837.06 47.92% 6,493.00 2,735.65 45.43% 36.52% 26.53% 32.89% 20.37% 43.11% 28.03% 19.19% FY23 FY24 FY25 FY23 FY24 FY25 Other Non-interest

  55. Slide 55: Financial Highlights

    Financial Highlights Declining credit costs and improving return profile Operating Profit (₹ mn) Credit Costs* (₹ mn) 7,341.34 1,008.16 912.78 4,569.18 641.82 3,324.66 4.08% 0.68% 0.68% 3.51% 3.39% 0.56% FY23 FY24 FY25 FY23 FY24 FY25 Operating Profit as a % of Avg. Total Assets Credit Cost* As a % o

  56. Slide 56: Consolidated Income Statement

    Consolidated Income Statement ₹ mn except stated Particulars (INR Mn) FY23 FY24 FY25 Interest earned 11,656.56 18,211.43 26,044.96 Interest expended 5,163.56 8,016.76 12,408.41 Net interest income 6,493.00 10,194.67 13,636.55 Non-interest income 2,735.65 3,837.06 5,019.23 $ Net car loan origination

  57. Slide 57: Consolidated Balance Sheet

    Consolidated Balance Sheet ₹ mn except stated Particulars (INR Mn) FY23 FY24 FY25 Paid-up equity 412.31 824.94 825.12 Reserves and surplus 35,242.35 37,540.77 42,215.85 Total Equity 35,654.66 38,365.71 43,040.97 Debt securities 4,386.14 1,521.65 5,086.57 Borrowings (Other than debt securities) 70,72

  58. Slide 58: DuPont Analysis

    DuPont Analysis Particulars (In Percentages %) FY23 FY24 FY25 Interest income 12.30% 13.52% 14.48% Interest expenses 5.45% 5.95% 6.90% Net Interest Income (A) 6.85% 7.57% 7.58% Non-Interest Income (net of fee and commission) (B) 2.89% 2.85% 2.79% Net income (C) = (A) + (B) 9.74% 10.42% 10.37% Operat

  59. Slide 59: Asset Quality

    Asset Quality Maintained Adequate PCR ₹ mn except stated ECL Analysis As Per IndAS FY23 FY24 FY25 Stage 1 & 2 - Gross 96,028.41 1,35,566.59 1,84,917.21 Stage 1 & 2 - ECL Provisions 1,268.04 1,364.39 1,481.22 Stage 1 & 2 - Net 94,760.36 1,34,202.20 1,83,435.99 Stage 1 & 2 - ECL Provisions % 1.32% 1.0

  60. Slide 60: ESG

    6 ESG

  61. Slide 61: Environment, Social, Governance (ESG)

    ENVIRONMENT, SOCIAL, GOVERNANCE (ESG) ENVIRONMENT SOCIAL ➢ E-waste is responsibly disposed through authorized recyclers ➢ Training on ESG principles for Capri Group Employees ➢ Continued investment in digital transformation to improve ➢ Workplace Inclusion, Health, and Safety: Committed to accessibi

  62. Slide 62: S&P Global Corporate Sustainability Assessment (CSA)

    S&P Global Corporate Sustainability Assessment (CSA) CGCL achieved an impressive score of 49 in its maiden application, exceeding the industry average of 30 ❖ The S&P Global CSA - respected benchmark for ESG practices, assessing risks and opportunities Why This ❖ Capri Global's performance reflects

  63. Slide 63: Corporate Governance Framework

    Corporate Governance Framework Board of Directors Nomination & Board Credit Risk Remuneration Committee 6 Independent Board of Directors including one woman Director Asset Liability Information Security Audit Committee Committee COMMITTEES Separate Chairman and Managing Director Environmental, Stake

  64. Slide 64: Disclaimer

    Disclaimer This presentation is issued by Capri Global Capital Limited for general information purposes only, without regard to specific objectives, suitability, financial situations and needs of any particular person. This presentation does not constitute or form part of any offer or invitation or

  65. Slide 65: Our Vision and Mission

    Our Vision To create an inclusive & transformative credit ecosystem, with equal & fair access to capital for people & businesses and help them fulfil their potential. Our Mission Our mission is to empower more people and businesses with our versatile loan offerings. We believe in building pathways o

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