Capital Trust Ltd. (india) · NSE:CAPTRUST
Capital Trust Ltd. (india) — Capital Trust — Q2 FY2026 Earnings Presentation
26 slides from Capital Trust Ltd. (india)'s earnings presentation, Nov 14, 2025
Slide 1: Q2FY26 Investor Presentation
Q2FY26 Investor Presentation
Slide 2: Disclaimer
Disclaimer Certain statements in this document that are not historical facts are forward looking statements. Such forward- looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors
Slide 3: Company Overview
COMPANY OVERVIEW
Slide 4: About Capital Trust Limited
About Capital Trust Limited Company Snapshot Operating History Capital Trust Limited (CTL) is a distinguished publicly listed financial institution 40 Years with four decades of proven expertise in serving India’s diverse financial landscape. Having disbursed over ₹4,500 crore to more than 12 lakh c
Slide 5: Strategic Shift
Strategic Shift Exclusively unsecured MSME Secured gold loans with mark- loans on balance sheet to-market collateral Higher credit risk exposure Risk mitigation through BC to CTL partnerships with nil-to-FLDG vs New Strategic Previous Strategy Direction Complex audit trails and Cleaner operations wi
Slide 6: Important Structural Updates
Important Structural Updates Successful Closure Of Rights Issue CTL’s ₹23.8 crore Rights Issue successfully closed on 11th Nov, achieving an oversubscription of 1.33 times Launch of Secured Gold Loans CTL’s first 2 Gold Loan branches have opened in Western UP and Delhi with branch disbursement cross
Slide 7: Numbers at a Glance
Numbers at a Glance ASSETS UNDER MANAGEMENT CAPITAL ADEQUACY * ₹ 124 Cr ₹ 33 % [QoQ: - 26%] [QoQ: + 30%] SHOPKEER & TRADER LOAN AUM Own Book 90+ & Provision Balance ₹ 71 Cr ₹ 6.1 Cr & ₹ 7.0 Cr [QoQ: - 4%] ON-BOOK PORTFOLIO Net NPA ₹ 49 Cr ₹ 0 Cr [QoQ: - 33%] OFF-BOOK PORTFOLIO PROFIT AFTER TAX ₹ 75
Slide 8: CTL: Dual Business Model Overview
CTL: Dual Business Model Overview MSME Loans Gold Loans Supporting Bharat’s Shopkeepers & Traders with Strategic expansion into the high-growth gold loan accessible financing solutions for business growth and segment, leveraging CTL's existing capabilities and sustainability market presence • Four d
Slide 9: Current Shopkeeper & Trader MSME Portfolio
CURRENT SHOPKEEPER & TRADER MSME PORTFOLIO
Slide 10: Current Shopkeeper & Trader MSME Business
Current Shopkeeper & Trader MSME Business Empowering Bharat’s Shopkeepers & Traders Using A Hybrid-Dual Credit Model • ₹ 123 Cr Informal MSME Lending through 250+ Branches in 10 States • Empowering Bharat’s Shopkeepers & Traders • Priority Sector Lending • Combining the strengths of doorstep banking
Slide 11: Current Shopkeeper & Trader MSME Business
Current Shopkeeper & Trader MSME Business Product Offering & Typical Clientele Financing The Overlooked Shopkeeper Target Clientele Type of Loan Income-generating business loan Overlooked by formal financial institutions, the Shopkeepers company aims to support rural and semi-urban Ticket Size (₹) 5
Slide 12: Current Shopkeeper & Trader MSME Business
Current Shopkeeper & Trader MSME Business Doorstep-Fintech Processes 1. LEAD GENERATION Generate lead by door to door canvasing Geotagging of business and residential premise Mobile number verification through OTP Handholding of client through digital onboarding 2. CREDIT UNDERWRITING QR Code scan o
Slide 13: Current Shopkeeper & Trader MSME Business
Current Shopkeeper & Trader MSME Business Shopkeeper & Trader Loans (Started April ‘24): 30+ Static Pool As % Of Disbursement Disb. Disb MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB MOB Cases (In Lacs) Month 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 264 527 Apr-24 - - - - - 0.48 0
Slide 14: Strategic Business Correspondent Partnership
Strategic Business Correspondent Partnership • Sourcing & Servicing Partner • Financing Partner • Leveraging existing branch network • Leveraging access to capital • No credit cost • Assuming entire credit cost • Risk Free 11-13% earning • Potential long-term synergies for other • Potential long-ter
Slide 15: Product Diversification: Secured Gold Loans
PRODUCT DIVERSIFICATION: SECURED GOLD LOANS
Slide 16: Product Diversification
Product Diversification GOLD LOANS Branch-led, regulation-first gold loans with 20-minute disbursal and 20-minute release - built to the June 2025 RBI Directions and priced to win small-ticket customers. ₹ 16
Slide 17: Gold Loans: Why Now: Market Tailwinds
Gold Loans Why Now: Market Tailwinds Regulatory alignment and distribution moat create compelling opportunity with optimal market timing FORMALISATION: LIMITED ACCESS TO MFI / Out of India’s gold-loan market, UNSECURED LOANS: estimated at ~₹20 lakh crore (USD With tightening credit and access 227.3B
Slide 18: Gold Loans: Why Few Players Dominate
Gold Loans Why Few Players Dominate: Top 4 NBFCs command ~81% of industry AUM Key Barrier Description Average loan duration under 6 months creates constant Short tenure & rapid churn disbursement–collection cycles and working-capital intensity. Every branch needs strong-rooms, dual custody, alarms,
Slide 19: CTL's Edge in Gold Loans
CTL’S EDGE IN GOLD LOANS Delivering industry-leading speed with 20-minute disbursal promise - from assay to credit - making gold loans accessible for mass-market customers across India. New-Age Challenger Whitespace: Service quality, speed, flexibility still under-served 01 02 Proven Branch Discipli
Slide 20: CTL's Go-to-Market Strategy
CTL’S Go-to-Market Strategy CLUSTER TARGET HIRING RISK & EXPANSION SEGMENT MODEL MONITORING Locations selected near Small-ticket (≤ ₹5 lakh) BMs ≥5 yrs, ROs ≥3 yrs Dual valuation, live established gold loan high-yield loans; fast gold-loan exp.; at least monitoring, automated clusters to ensure chur
Slide 21: Financials
FINANCIALS
Slide 22: Understanding Q2FY26 Numbers
Understanding Q2FY26 Numbers • Portfolio as of Q1FY25: ₹294 Cr (before rural unsecured portfolio impact) • Overall Credit Impact: ~10% of portfolio (~₹30 Cr) • Total Impairment / Write Off of financial instrument (Credit Cost) in FY25: FY25 & FY26 Credit Cost • ₹ 2 Cr (Impairment) + ₹ 4 Cr (Waiver o
Slide 23: Key Highlights & Ratios
Key Highlights & Ratios (₹ in Crores) Particulars Q2 FY26 Q2 FY25 YoY % Q1 FY26 QoQ % Total Income 8.8 25.1 -65% 12.6 -30% Total Expense (excluding tax) 31.9 24.8 29% 23.8 34% Profit / Loss Before Tax -23.1 0.3 - -11.1 107% Profit / Loss After Tax -17.9 0.2 - -8.3 115% Net Worth 59.7 85.8 -30% 77.6
Slide 24: Balance Sheet
Balance Sheet (₹ in Crores) Assets Q2 FY26 Q1 FY26 Q4 FY25 Liabilities And Equity Q2 FY26 Q1 FY26 Q4 FY25 Financial Assets Financial Liabilities Trade Payables 0.4 0.4 0.7 Cash and Cash Equivalents 8.9 10.0 11.8 Debt Securities 4.7 9.7 13.7 Bank Balances other than Cash & Borrowings other than Debt
Slide 25: Funding & Partnerships
Funding & Partnerships Equity: 1 Co-Lending: 5 Business Correspondent: 5 On-Balance Sheet Funders: 16 BC Partners not currently live: 25
Slide 26: Thank You
Thank You Vinod Raina Chief Financial Officer Vinod.raina@capitaltrust.in Vahin Khosla Joint-Managing Director Vahin.khosla@capitaltrust.in 26