DINESH

Capri Global Capital

Industry: NBFC Lending
Latest CMP 227
Today's Change ▼ -1.99%
52-Week High / Low 259 | 152
Price Date: 14-Aug-2026
Recommendation Strong Buy
Target Price 548
Expected Upside 55.5%
Forecast Horizon 2 Years
Historical CAGR 7.1%
1,000 Invested 15-Aug-2006
Today's Value 3,945
Investment Period 20 Years

Stock Snapshot

Post Results Return
-5.8%
Mild Negative Re-rating
1-Year Target Price
440
2-Year Target Price
548
52-Week High / Low
259 / 152
20-Day Return
-9.4%
Market Cap (Cr.)
21,791
Current PE
24.2
P/BV Ratio
3.0
Dividend Yield
0.1%
Industry PE
23.4

Price Performance

Basis of our Recommendation

Capri Global Capital Limited is positioned for robust growth, driven by strategic geographic expansion and product diversification, particularly in the gold loan segment. Management's commitment to increasing its branch network by 750-800 locations over the next two years is expected to enhance market penetration and customer acquisition, supporting a projected AUM growth to ₹650 billion by FY28. This aligns with Vista's forecast of improving margins and a strong balance sheet, which reflects the company's disciplined capital allocation and operational efficiencies. However, challenges in the MSME segment and competitive pressures in the gold loan market warrant close monitoring. The current macroeconomic environment, characterized by moderate growth and tightening liquidity, may influence consumer spending and credit demand. Over the next 12-24 months, key opportunities include leveraging AI for operational efficiency and expanding fee income streams, while watchpoints include potential credit rating upgrades and the impact of regulatory changes on co-lending volumes. Overall, Capri Global's strategic initiatives and market dynamics support Vista's strong buy recommendation, with an expected upside of approximately 88.7%

👍 Why We Like This Stock

  • Strategic expansion of 750-800 branches to enhance market penetration and customer acquisition
  • Focus on gold loans as a primary growth driver, supported by improving pricing power in the NBFC sector
  • Implementation of AI-driven technology to optimize operational efficiency and reduce costs

Things To Watch Out For

  • Challenges in the MSME segment due to a significant credit gap and competitive pressures in the gold loan market
  • Potential impact of tightening liquidity on consumer spending and credit demand
  • Regulatory changes affecting co-lending volumes may temporarily hinder growth

Key Parameters

Balance Sheet Strength
Elite Balance Sheet
Market Share
Stable
Industry Outlook
Improving
Analyst View
Strong Buy
Dividend History
Consistent
FII Holdings
Increasing

Financial Snapshot

Actuals Forecast
FY24 FY25 FY26 FY27 FY28
Revenue (Cr.) 1,476 1,974 3,001 3,525 4,877
Profit Before Tax (Cr.) 366 633 1,257 2,088 2,745
PBT Margin 24.8% 32.1% 4188.6% 59.2% 56.3%
Net Profit (Cr.) 255 464 948 1,565 2,057
Earnings Per Share 2.6 4.8 9.9 16.3 21.4

Analyst Recommendations

Broker Recommendation Target Price Date
Choice Equity ▲ Buy 280 30-Jul-2026
Consensus Recommendation ▲ Strong Buy
Consensus Target 280
Coverage 1 Analysts
Analysts' Viewpoint
Capri Global Capital's strategic focus on expanding its Gold Loan network and leveraging AI-driven technology supports its strong growth trajectory, with AUM increasing by 62% year-over-year. The company's plan to open 700–800 new branches over the next two years highlights its commitment to scaling operations. However, analysts note concerns about asset quality, with a slight increase in GNPA and potential margin pressure due to fluctuating gold prices. Despite these risks, management remains confident in maintaining profitability and improving yields.

Company Overview

Show Company Profile

Capri Global Capital Limited, a non-banking financial company, provides financial services in India. It offers home loans; micro, small, and medium enterprises (MSME) loans; construction finance for real estate developers; small business loans for women; emergency credit line guarantee scheme for businesses and MSMEs; and gold loans, as well as indirect lending and car loan distribution services. Capri Global Capital Limited was formerly known as Money Matters Financial Services Limited and changed its name to Capri Global Capital Limited in July 2013. The company was incorporated in 1994 and is based in Mumbai, India.