The company announced a 52% rise in AUM taking the total assets to ₹2,400 crore.
Gold loan NBFC Indel Money has announced a 52 per cent rise year-on-year in its assets under management (AUM), taking the total assets to ₹2,400 crore. The company has also reported a profit of ₹61 crore for the year, registering a 10 per cent growth y-o-y.
The company’s reported NPA stands at 1.35 per cent of the own assets, which highlights a significant improvement in asset quality against last year’s 3.17 per cent.
Gold loans are the mainstay of the company, constituting 94 per cent of the total AUM. The company reported a 69 per cent on year growth in its disbursements in FY25.
Indel Money aims to achieve ₹10,000 crore disbursements and ₹.4,000 crore in AUM during the current financial year (FY26). The company opened 89 branches in the fiscal year, taking the total numbers to 365. It has presence in 12 States and three Union territories as of March 31.
Indel Money Executive Director and CEO Umesh Mohanan said: “We are very optimistic about the current fiscal year as well, since the interest rates are likely to come down in the coming quarters and economic growth is expected to pick up. The overall credit situation will also improve. As a result, domestic consumption will gather steam in the days to come. Naturally, gold loan demand will also rise, especially in the backdrop of record gold prices.”
Published on May 28, 2025
