Capri Global's PAT jumps 10% QoQ at Rs46.10 crore in Q1FY23; stock adds ~2%

10 Aug 2022 , 03:13 PM

Capri Global Capital Limited, a non-deposit-taking and systemically important NBFC, announced its results for the quarter ended June 30, 2022.

CGCL reported a Consolidated Profit after Tax of Rs46.10 crore, flat on a y-o-y basis but up by 10% over Q4FY22 PAT of Rs41.80 crore.

Despite a sequentially lower core income, a softer opex expansion and a QoQ halving of credit costs resulted in a higher PAT than in Q4FY22.

Company’s Q1FY23 Net Interest Margin excluding spreads on co-lending AUM stood at 7.8%, lower than the 9% noted in Q4 FY22 and 8.3% in Q1 FY22.

Company’s Q1FY23 Consolidated RoE stood at 9.5% while RoA was reported at 2.5%.

Quarterly disbursals including Indirect Lending were Rs1,090 crore, up 91% yoy but lower by 27% sequentially. Consolidated AUM including co-lending AUM jumped 41% yoy and 5% over the last quarter.

Company’s Gross Stage 3 ratio was 2.7%, moving up by 32bps over the last quarter, but lower by 73 bps on a y-o-y basis.

At around 3.17 PM, Capri Global Capital was trading at Rs717 up by 2.27% from its previous closing of Rs701.10 on the BSE. The scrip touched intraday high and low of Rs718.30 and Rs702.55 respectively.