Capital Trust Ltd. (india) · NSE:CAPTRUST
Capital Trust Ltd. (india) — Capital Trust — Q1 FY27 Earnings Presentation
34 slides from Capital Trust Ltd. (india)'s earnings presentation, Aug 18, 2026
Slide 1: Q1 FY27 Investor Presentation
Q1 FY27 Investor Presentation August 2026 From Proof of Model to Proof of Scale BSE & NSE Listed | Established 1985 | Gold & MSME Lending Franchise
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 & Q1FY27 Update
COMPANY OVERVIEW & Q1FY27 UPDATE
Slide 4: About Capital Trust Limited
About Capital Trust Limited Company Snapshot Foundation For Scalable Growth Capital Trust Limited (CTL) is a publicly listed NBFC with over four Secured Gold Loans decades of lending experience and an established distribution network of 250+ branches across 10 states. Incremental own-book lending fo
Slide 5: Strategic Shift
Strategic Shift From Balance Sheet Risk To Secured & Partnership-Led Growth LEGACY FRAMEWORK FUTURE-READY FRAMEWORK Previous Strategy: New Strategic Direction: Unsecured MSME-Led Own Book Secured Own-Book + Risk Capped Partner-Led Growth Unsecured MSME loans largely held on CTL’s balance sheet Secur
Slide 6: Dual Business Model
Dual Business Model Two Complementary Engines For Sustainable Growth Engine 1: Engine 2: Gold Loans MSME Loans OWN-BOOK GROWTH ENGINE RISK-CAPPED DISTRIBUTION ENGINE CTL deploys its balance sheet predominantly into secured Gold Loans, creating a CTL uses its 250+ branch network to originate, service
Slide 7: Q1 FY27 Executive Update
Q1 FY27 Executive Update From Turnaround Proof To Scalable Growth FY26 rebuilt the platform. Q4 proved the turnaround. Q1FY27 begins to prove scale. 01 AUM Growth Has Accelerated Total AUM increased 52% QoQ to ₹240 Cr, extending the growth momentum established in Q4FY26. 02 Gold Loans Have Moved Bey
Slide 8: Numbers at a Glance
Numbers at a Glance ASSETS UNDER MANAGEMENT QUARTERLY DISBURSEMENT SECURED / ZERO-RISK AUM GOLD LOAN BUSINESS ₹240 Cr ₹112 Cr 72% ₹35 Cr+ [Q4FY26: ₹ 158 Cr] [+52% QoQ] [Q4FY26: ₹ 89 Cr] [+24% QoQ] [Q4FY26: 56%] [+30% QoQ] Cumulative Disbursements Growth continues across Gold and Both lending engines
Slide 9: Q1FY27: Growth Momentum
Q1FY27: GROWTH MOMENTUM Disbursements Rising | AUM Accelerating | Both Engines Contributing
Slide 10: Q1FY27 Growth Momentum: Disbursements Rising
Q1FY27 Growth Momentum Disbursements Rising Monthly Disbursement (₹ in Crores) Q1FY27 TOTAL DISBURSEMENTS 19 89 112 ₹111.6 Cr Q3FY26 Q4FY26 Q1FY27 1.24x Growth vs Q4FY26 Q1FY27 exceeded H2FY26 combined Quarterly disbursement of ₹111.6 Cr surpassed the total of Q3 and Q4 FY26 combined (₹110 Cr). 29 T
Slide 11: AUM Accelerating: +52% QoQ, +44% YoY
Q1FY27 Growth Momentum AUM Accelerating: +52% QoQ, +44% YoY Quarterly AUM (₹ in Crores) New Strategic Direction 240 166 158 124 205 104 137 166 124 101 35 21 4 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Secured MSME 11
Slide 12: Q1FY27: Growth with a Better Risk Profile
Q1FY27: GROWTH WITH A BETTER RISK PROFILE Secured Mix Rising | GNPA Falling | Leverage Remaining Low
Slide 13: Q1FY27 Risk Profile: AUM Growth Without Recreating Historical Risk
Q1FY27 Risk Profile AUM Growth Without Recreating Historical Risk AUM Split (₹ in Crores) 35 66 139 Secured SFB Partnership Remaining MSME Mar-25 Mar-26 Jun-26 0% 56% 72% Secured / no-credit-risk AUM → Secured / no-credit-risk AUM → Secured / no-credit-risk AUM Unsecured own-book MSME dominated New
Slide 14: Gross NPA Under Control
Q1FY27 Risk Profile Gross NPA Under Control 90+ DPD As % Of AUM Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Net NPA Prov. Cover 9.1% 9.4% 8.3% 2.8% 2.7% 0% >100% 90+ DPD As % of AUM GNPA Reduction 10% Reduced from 9.1% (Q1FY26) to 2.7% through resolution and 9% disciplined write-offs. 8% Net NPA Discipline 7
Slide 15: From Deleveraging to Disciplined Re-Leveraging
Q1FY27 Risk Profile From Deleveraging to Disciplined Re-Leveraging EXTERNAL DEBT / EXTERNAL DEBT / CAPITAL EXTERNAL NET WORTH TANGIBLE NET WORTH ADEQUACY RATIO BORROWINGS 0.26x 0.6x 40% ₹15 Cr Very low leverage, with external External debt remains well below Strong capital buffer to support External
Slide 16: Gold Loans
GOLD LOANS The Future Of Capital Trust's Own Balance Sheet
Slide 17: Gold Loans – CTL Overview
Gold Loans – CTL Overview Branch-led, regulation-first gold loans with 20-minute disbursal and 20-minute release - built to the June 2025 RBI Directions. Priced to win small-ticket customers Operational Highlights Business Launch Cumulative Disbursements October 2025 ₹35 Cr+ within 9 months Branch N
Slide 18: Gold Loans - Why Now?
Gold Loans - Why Now? Market Tailwinds Regulatory alignment and distribution moat create compelling opportunity with optimal market timing FORMALISATION: LIMITED ACCESS TO MFI / UNSECURED LOANS: Out of India’s gold-loan market of With tightening credit and access Rs.40 L Crore, only 40% in in the to
Slide 19: Gold Loans - CTL's Edge
Gold Loans - CTL’s Edge Delivered with the discipline and precision of airline protocol: industry-leading speed with 20-minute disbursal promise — from assay to credit — making gold loans accessible for mass-market customers across India REGULATORY READINESS NEW-AGE CHALLENGER PAPERLESS & TECH-ENABL
Slide 20: Gold Loans - Product Features & Typical Clientele
Gold Loans - Product Features & Typical Clientele Product Features & Typical Clientele Modest and practical ticket Short, high-velocity tenors Over 90% of loans fund Fully documented, RBI-aligned sizes, with most loans below that allow rapid capital livelihood activities—working processes with trans
Slide 21: Gold Tech Model
GOLD TECH MODEL NOT A GOLD LOAN COMPANY. A GOLD-TECH COMPANY.
Slide 22: Gold-Tech Operating Model
Gold-Tech Operating Model Traditional lenders use technology mostly for workflow. CTL uses technology for workflow, control, custody, auditability and fraud prevention. 100% Cashless 100% Paperless No branch cash handling; Digital records, employee digital disbursal and tagging and permanent repayme
Slide 23: Traditional Gold Loan Model vs Gold-Tech Digital Model
Traditional Gold Loan Model vs Gold-Tech Digital Model TRADITIONAL BRANCH CAPITAL TRUST GOLD-TECH BRANCH Desktop computers at every counter Zero desktops - 100% mobile-first operations Paper registers and physical records Completely paperless - every record digital Physical KYC documents stored in b
Slide 24: Risk Control 1: Valuation Integrity
Risk Control 1: Valuation Integrity Four Independent Checks Before Final Lending Value MAKER — Gold Tester 1 1 Tests and values every ornament independently on its own calibrated machine. CHECKER — Gold Tester 2 2 Values independently on a second machine - completely blind to the Maker's result. AI
Slide 25: Risk Control 2: Collateral Security & Custody
Risk Control 2: Collateral Security & Custody Gold Shield: 18 Layers of AI-Powered Security Built to Protect More Than Gold HO-Controlled Branch Entry Dual Weighing Machines Independent Dual Valuation 1 Entrance auto-locks during strong room operations 2 Every ornament weighed on two calibrated scal
Slide 26: Gold Lending with AI-Driven Purity & Security
Gold Lending with AI-Driven Purity & Security Redefining trust in gold lending through independent, technology-led verification. AI Vision Purity Guard AI Vision Security Guard Independent AI-verified purity, every time. Independent AI custody tracking. ● Every gold item independently assessed by AI
Slide 27: MSME Loans
rs = MSME LOANS Capital Trust ¥ @
Slide 28: MSME Loans Overview
MSME Loans Overview Empowering Bharat’s Shopkeepers & Traders Using A Hybrid-Dual Credit Model • ₹ 205 Cr Informal MSME Lending through 250+ Branches in 10 States • Empowering Bharat’s Shopkeepers & Traders • Priority Sector Lending • Combining the strengths of doorstep banking with cutting-edge tec
Slide 29: MSME Loans: Product Offering & Typical Clientele
MSME Loans 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 (₹) 50,000 – 3,00,000 shopkeepers Re
Slide 30: Financials
CapitalTrust FINANCIALS
Slide 31: Key Highlights & Ratios
Key Highlights & Ratios (₹ in Crores) Particulars Q1 FY27 Q4 FY26 QoQ % Q1 FY26 YoY % Total Income 12.3 9.6 28% 12.6 -3% Total Expense (excluding tax) 12.2 9.5 28% 23.8 -49% Profit / Loss Before Tax 0.1 0.1 -11% -11.1 - Profit / Loss After Tax 0.2 -18.2 - -8.3 - Net Worth 61.7 61.5 0% 77.6 -21% On-B
Slide 32: Balance Sheet
Balance Sheet (₹ in Crores) Assets Q1 FY27 Q4 FY26 Q3 FY26 Liabilities And Equity Q1 FY27 Q4 FY26 Q3 FY26 Financial Assets Financial Liabilities Trade Payables 0.4 0.5 0.4 Cash and Cash Equivalents 3.2 1.6 4.1 Debt Securities 0.0 0.2 1.2 Bank Balances other than Cash & Borrowings other than Debt Sec
Slide 33: Funding & Partnerships
Funding & Partnerships Equity: 1 Co-Lending Live: 2 Business Correspondent: 2 On-Balance Sheet Funders: 13 33
Slide 34: The reset is complete. The growth phase has begun.
FY27: From Proof Of Model To Proof Of Scale The reset is complete. The growth phase has begun. Scale Gold AUM Scale Partner-Led MSME Increase utilisation of the 250+ branch network across BC partnerships. Direct incremental own-book capital towards secured Gold Loan growth. Raise Term Debt Improve R