Capital Trust Limited has announced its financial results for the quarter and full year ended March 31, 2026, reporting a return to operational profitability in Q4 FY26 after completing a strategic shift from unsecured lending to secured and partnership-led businesses.
The company reported a Profit Before Tax of Rs 0.13 crore during Q4 FY26, marking its first profitable quarter since the provisioning cycle began. However, Profit After Tax was impacted by a one-time non-cash deferred tax asset write-off of Rs 19 crore.
According to Capital Trust Limited, total Assets Under Management stood at Rs 158 crore, including Rs 32.8 crore own-book AUM and Rs 125.2 crore managed AUM. Secured and zero-credit-risk AUM accounted for 56 per cent of the overall portfolio.
The company stated that total quarterly disbursements increased to Rs 89.4 crore in Q4 FY26, registering 4.5 times growth compared to Q3 FY26, supported by gold loan branch expansion and the rollout of BC partnerships.
Gross NPA declined to 2.8 per cent in Q4 FY26 from 9.1 per cent in Q1 FY26, while Net NPA stood at zero per cent. Total borrowings reduced significantly to Rs 24.2 crore from Rs 93.2 crore in Q4 FY25, with leverage remaining below 1x and Capital Adequacy Ratio above 35 per cent.
Commenting on the performance, Yogen Khosla, Managing Director of Capital Trust Limited, said, “At the start of FY26, Capital Trust carried a Rs 294 crore legacy portfolio of unsecured MSME loans with full risk. The company made a deliberate choice: we accelerated recognition of legacy stress, strengthened the balance sheet through a successful rights issue, and built two scalable business lines in parallel – secured gold loans and partnership-led MSME lending.”
He further added, “Q4 FY26 demonstrates that the transition is now visible, with profitability restored at the PBT level, disbursements compounding, leverage below 1x, and CRAR above 35 per cent. We enter FY27 with a cleaner balance sheet, stronger capital base, and a lower-risk growth model.”
The company stated that it will continue focusing on scaling its secured gold loan business, expanding BC and co-lending partnerships, and maintaining disciplined risk controls during FY27.
Send news announcements/press releases to:
editor@thefoundermedia.com
