Capri Global Capital Ltd

- Capri Global expects high growth in FY25 driven by MSME, home loans, gold loans, and construction finance, especially in semi-urban areas. - Fee income from car loans, insurance, and co-lending is projected to significantly contribute, with co-lending providing fee income without capital deployment. - Net interest margin (NIM) may slightly decline with increased leverage, but spread is expected to improve from around 6.4% to 6.8-6.9% due to growth in gold loans. - Housing finance AUM to grow over 30% annually, with gold loans growing 30-35% and MSME about 15%. - Operating efficiencies and tech initiatives will reduce cost-to-income ratio, leading to better productivity and lower operating costs. - Pre-provisioning operating profit rose 37% YoY in FY24; net profit increased 27% YoY in Q4 FY24. - Continued investments in technology expected to enhance turnaround time and sales productivity, supporting earnings growth.

The transcript provided from the Capri Global Capital Q4 FY24 earnings call does not explicitly mention current or expected orderbook or pending orders. The discussion primarily revolves around business performance, loan book growth, segment outlooks, technology initiatives, cost structure, and margin guidance. Specific data on orderbook or pending orders is not detailed or addressed within the 18 pages of the transcript. For precise or updated information regarding orderbook or pending orders, direct contact with the company or further disclosures would be required.

- The transcript does not explicitly mention any current or planned new fundraising through debt or equity for Capri Global Capital Limited. - There is mention of an expectation of potential rating upgrades in about six months due to strong performance, which could lead to a reduction in the cost of funds. - No direct commentary on fresh capital raising via equity or debt issuance is provided. - The focus appears to be on organic growth, co-lending, and leveraging existing borrowing capacity rather than raising new funds. - Branch expansion and business growth plans are discussed but without reference to new fundraising initiatives.

- Capri Global Capital has made significant technology investments, with around INR 112 crore spent on technology and data science in FY24. - Technology initiatives include implementation of in-house developed Loan Origination System (LOS), Oracle FLEXCUBE Loan Management System (LMS), collection modules, process reengineering, and analytical decision-making tools. - These efforts aim to improve turnaround time, sales productivity, reduce per-file processing cost, and enhance net interest margin. - Technology spending has contributed to an elevated cost-to-income ratio but is expected to reduce significantly after the first half of FY25 as major initiatives complete. - Capri Loans Car Platform Private Limited, a subsidiary, is focusing on car loan distribution and used car finance with ongoing technology development to capture market share and improve profitability. - The company plans to continue branch additions (20-30 branches yearly), particularly in housing finance, contributing to business growth. - Capri is also working on establishing systematic ESG practices and obtaining ESG ratings, aligning with strategic sustainability goals.

- FY25 is expected to be a defining year with high growth and improved cost-to-income ratio driven by better loan processing and technology. - Gold loan AUM is targeted to grow 30-35% next year, with branch AUM per branch increasing from INR50mn to INR85mn. - MSME segment is expected to grow at about 15% per year. - Home loan segment projected to grow over 30%. - Car loan business is anticipated to grow about 20% in FY25, with new used car finance vertical launching in the second half. - Co-lending business will continue to expand, contributing good fee income without capital deployment. - Overall AUM growth remains robust with a target to reach INR300 billion by FY27. - Non-interest income, including insurance fee income, expected to see strong growth in FY25. - Branch expansion planned with 20-30 new housing finance branches each year.