Tata Capital acquires 88.6% stake in Yogloans to enter the gold loan market

Yogloans Financial Performance

As of March 31, 2026, Yogloans managed assets worth INR 708 crore, nearly 85 percent of which consisted of gold loans. The company operates 162 branches across Kerala, Karnataka, Tamil Nadu, and Andhra Pradesh, serving approximately 32,000 customers with gold loans. The net worth of the company is INR 115 crore, and the gold loan portfolio demonstrated a Compound Annual Growth Rate (CAGR) of 25 percent from fiscal year 22 to fiscal year 26.

Company Experience and Leadership

Yogloans, headquartered in Thrissur, has been operating in the gold loan sector for over ten years, accumulating significant experience in sourcing, underwriting, and servicing such loans. Unnikrishnan Idicharm Vettil, who is the promoter and managing director, will continue to lead the business post-acquisition.

Management Comments

Rajiv Sabharwal, Managing Director and CEO of Tata Capital, stated that this deal marks Tata Capital's entry into the gold loan market. He emphasized that this will add an asset-backed lending product with significant growth potential to the company's retail lending portfolio, supporting the strategy of building a diversified credit franchise. Sabharwal also expressed confidence that combining Yogloans' market expertise with Tata Capital's robust brand, capital strength, technology, and risk management capabilities will accelerate growth and enhance customer experience.

Unnikrishnan, promoter and managing director of Yogloans, stated that the company has developed its gold loan business by focusing on customer experience, adherence to prudent lending practices, and strengthening its presence in serviced markets. He expressed pride in the achievements and gratitude to all stakeholders for their trust. Regarding future prospects, he noted his delight at joining the Tata family, one of India's most respected and reliable business groups. He anticipates close collaboration with the Tata Capital team for further business development.

Market Presence Expansion

The acquisition expands Tata Capital's retail lending portfolio by incorporating gold loans into its existing suite of over 25 credit products. Moreover, it strengthens Tata Capital's position in South India through Yogloans' branch network. As a top-tier NBFC, Tata Capital serves as a flagship entity of the Tata Group's financial services and is a subsidiary of Tata Sons Private Limited.