Indel Money reports 52% growth in Assets Under Management and 10% profit increase

Gold-loan non-banking finance company(NBFC) Indel Money announced a 52% year-on-year growth in its Assets Under Management (AUM), bringing the total assets to Rs 2,400 crore on Wednesday. The company has also reported a profit of Rs 61 crore for the year, registering a 10 % growth year on year.

Indel Money’s reported NPA stands at 1.35% of its assets, which highlights an improvement in asset quality against last year’s 3.17%.

Gold loans are the mainstay of the company, constituting 94% of the total AUM. The company reported a 69% year-on-year growth in its disbursements in FY25.


The NBFC is aiming to achieve Rs 10,000-crore disbursements and Rs 4,000 crore in AUM during the current financial year (FY26). The company opened 89 branches in the fiscal year, bringing the total number to 365. It has presence in 12 states and 3 Union territories as of March 31, 2025.

Commenting on the development, Indel Money Executive Director and CEO Umesh Mohanan said: “Despite having a challenging environment, the company has posted a satisfactory full-year result. We are 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.”