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Informist, Tuesday, Jul. 28, 2026

 

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--Tata Capital: See AUM addition of INR 40-50 bln after Yogloans acquisition 
--CONTEXT: Comments by Tata Capital's mgmt in post-earnings press conference 
--Tata Capital: Want to remain a well-diversified entity 
--Tata Capital: Not seen any impact of El Nino on portfolio 
--Tata Capital: Plan to have over 500 branches in 2-3 yrs post Yogloans buy 
--Tata Capital: Expect operating leverage to improve in coming quarters 

 

MUMBAI – Tata Capital Ltd. expects to add INR 40 billion-INR 50 billion to its assets under management over the next three years following the acquisition of Yogakshemam Loans Ltd., the company's top management said at a post-earnings press conference Tuesday. The company has announced its plan to enter the gold loan segment through the acquisition of Yogloans.

 

"It (Yogloans) is a small company but built very well, and it comes with not only a portfolio but also expertise," the management said. "We also have organically started building our strategy for growing the gold loans business." In the June quarter, the company's net assets under management rose 22% on year to INR 2.91 trillion.

 

The non-banking finance company had applied for the Reserve Bank of India's approval for acquisition of Yogloans, they said. "We expect the approvals to come towards the end of this calendar year," Rajiv Sabharwal, managing director and chief executive officer of Tata Capital, said.

 

The addition of a gold loan portfolio to its business is part of the company's diversification strategy. It expects to have more than 500 branches over the next 2-3 years following the RBI's approval for the acquisition, the management said. "Our entry into the gold loans business marks an important step in further diversifying Tata Capital's retail lending portfolio," Sabharwal said. "We believe the combination of Yogloans, domestic expertise, and branch network with Tata Capital's brand technology and risk management capabilities will help create a compelling platform for future growth in secured lending."

 

Addressing concern over reduced hiring due to artificial intelligence, the company said the addition to its workforce last year was slightly less than 5% of its total workforce. The senior management said the company's focus on investment in technology and being early adopters of AI has shown signs of aiding the company's operating leverage. "We expect operating leverage to further improve in the coming quarters," the chief executive officer said.

 

Tata Capital has so far not seen any impact of El Nino on its portfolio, senior officials said. "We are actually now hoping that the quantum of monsoons has improved in India and hopefully the weather predictors will be turned wrong and hopefully we will get a full monsoon and the rural markets will also flourish. But we have not seen any impact as of now," they said. 

 

For the June quarter, Tata Capital posted a consolidated net profit of INR 15.5 billion on revenues of INR 88.2 billion. Tuesday, its shares ended at INR 354.95 apiece on the National Stock Exchange, up 1.3% from Monday. The company reported its June quarter earnings Tuesday post market hours.  End

 

Reported by Diksha Tripathy and Pratiksha

Edited by Shubhayan Bhattacharya

 

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