Key Highlights

• In FY25, Indel Money reported a 52% year-on-year growth in AUM, reaching ₹2,400 crore, and a 10% increase in profit, totaling ₹61 crore.
• The company plans to expand its branch network from 324 to over 425 branches across 12 Indian states by FY25, aiming to penetrate new markets and enhance its customer base in rural and semi-urban areas.

The gold loan financier Indel Money said on Wednesday that it expects the rising demand for gold loans to help it double its asset under management (AUM) to Rs 4,000 crore in FY26.

The company's AUM was Rs 2,400 crore for the fiscal year that ended in March 2025.

According to a statement from Indel Money, the company wants to pay out Rs 10,000 crore and make Rs 4,000 crore in AUM this fiscal year.

The company now has 365 branches after opening 89 during the fiscal year. As of March 31, 2025, it is present in 10 states and 3 Union Territories.

According to the company, it also reported a profit of Rs 61 crore for the year, representing a 10% increase from the previous year.

Compared to last year's 3.17 percent, Indel Money's reported NPA of 1.35 percent of its assets shows a notable improvement in asset quality, the company stated.

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"The credit situation as a whole will also get better. Domestic consumption will therefore continue to rise in the days ahead. The demand for gold loans will undoubtedly increase as well, particularly given the record gold prices," according to Umesh Mohanan, CEO of Indel Money.