Reviews

CAPRI GLOBAL CAPITAL LTD. 

{Ticker : 531595 { FV: Rs.2 5{2-Week H/L: Rs.229/113.90


We had previously recommended Capri Global Capital in volume 36, issue no. 9 (December 23, 2019), when the stock was trading at Rs 203.65. Capri Global Capital Limited (CGCL) is a Non-Banking Finance Company (NBFC) engaged in funding and provision of financial services. The stock was previously recommended based on the company's growth protential. On the consolidated quarterly front, the company reported an increase of 13.42 per cent in AUM reported for Q2FY20 to Rs 3,957 crore from Rs 3,488.8 crore reported in Q2FY19. For Q2FY20, NII witnessed a significant growth of 33.69 per cent to Rs 101.2 crore, from Rs 75.7 crore reported in Q2FY19. The company's net profit increased significantly to Rs 38.9 crore in Q2FY20 from Rs 24.4 crore in Q2FY19. CGCL has a diversified portfolio with a growing presence in underpenetrated, fast growing and high yielding segments which poses as growth drivers for the company. Thus, we recommend a HOLD.