Capri Global net profit up by 20.3% at INR 24.53 crore

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As on September 30, 2018, the net worth of the Company stood at INR 1,301.89 crore

Highlights:

  • Q2FY19 CONSOLIDATED TOTAL INCOME OF RS. 134.94 CRORE – UP 40.21% Q2FY19 CONSOLIDATED NET PROFIT OF RS. 24.53 CRORE – UP 20.30%
  • HALF YEAR ENDED ON SEPT 18 CONSOLIDATED TOTAL INCOME OF RS. 254.52–UP 54.80%
  • SEPT 18 CONSOLIDATED NET PROFIT OF RS. 51.58 CRORE – UP 88.21%
  • BOOK VALUE INCREASED TO RS. 74.34 (FACE VALUE OF RS 2)
  • SEPT 18 CONSOLIDATED NET NPA AT 0.93%
  • TOTAL ASSETS UNDER MANAGEMENT OF RS. 3488.58 CRORE – INCREASE OF 60.58%
  • STANDALONE CAPITAL ADEQUACY RATIO AT 36.86%
  • MSME AUM AT RS. 1763.03 CRORE
  • AT AVERAGE TICKET SIZE AT RS. 15 LAKHS FOR MSME HOUSING FINANCE

 

Capri Global Capital Limited (CGCL), a leading NBFC in the MSME and Affordable Housing sector, today announced its financial results for the Quarter and Half Year ended Sept 30, 2018. The key performance highlights are:

Consolidated results – Quarter and Half Year ended September 30, 2018

➢ Q2 FY19 Total income of Rs. 134.94 Crore, as against Rs. 96.24 Crore in the corresponding previous period – an increase of 40.21%

➢ Q2 FY19 Net profit at Rs. 24.53 Crore – an increase of 20.30%

➢ Q2 FY19 Earnings per share of Rs. 1.40 (on Face Value of Rs. 2/- each)

 

Net Worth:

As on September 30, 2018, the net worth of the Company stood at Rs. 1,301.89 Crore.

Credit Rating:

As on September 30, 2018, the Company had a net debt equity ratio of 1.46 on standalone basis. The Company continues to enjoy high credit rating of ‘CARE A1+’ for its short term borrowing program, ‘CARE A+’ and ‘BWR AA-‘ for its long term borrowing program for NBFC and ‘CARE A-‘ for its Housing Finance business.

Operational Review: Standalone

As on September 30, 2018, the total assets of the Company stood at Rs. 3,171.52 Crore – an increase of 39.98% and the total AUM stood at Rs. 2,978 Crore – an increase of 41.81%.

BUSINESS HIGHLIGHTS

MSME LENDING

➢ Total book size increased from Rs. 1,558.79 Crore to Rs. 1,763.03 Crore during the Half Year ended on September 2018.

➢ Average ticket size of Rs. 15 Lakhs

➢ Loans disbursed to over 2,800 customers over 68 cities in 7 states during the Half Year ended FY 19

HOUSING FINANCE

Capri Global Housing Finance Limited (CGHFL), a subsidiary of CGCL, is India’s emerging Housing Finance Company with book size of over Rs. 510.58 crore in its first full financial year of operations.

➢ Average ticket size of Rs 11 lakhs.

➢ As on September 30, 2018, CGHFL has a wide distribution network with over 70 branches, serving over 5000 Customers, in 5 states – Maharashtra, Gujarat, Madhya Pradesh, Delhi NCR & Rajasthan

Shareholding Pattern of CGCL as on September 30, 2018

Capri Global Capital Limited, a NBFC listed on the BSE and NSE, operates in two major verticals – MSME Loans and Housing Finance – through its strong network of over 74 branches spread across 8 states and backed by a strong and committed workforce of over 1,800 employees in the country.

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Latika Bhargava
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