Chennai: Godrej Capital is targeting Assets under Management (AUM) at Rs 50,000 crore over the next two years. The financial services arm of the Godrej Industries Group ended FY26 with an AUM of Rs 27,500 crore, a growth of 60% when compared with the corresponding year of FY25.The company is foraying into new portfolios, including gold loans. “There are new businesses such as gold loans, supply chain finance and digital personal lending that would be added to our portfolio. We are launching gold loans in the current quarter (April-June). It could be roughly about Rs 1,000 crore over the next two years of our total AUM. On the housing finance end, we are making a big push on the affordable housing segment, and those plans are still being worked on,” Manish Shah, MD & CEO, Godrej Capital, told reporters here on Thursday. Noting that gold loans are often availed for short-term finance, he said, “As an asset, quite clearly, this appreciation that has come has created a true asset that can be leveraged. Secondly, we are witnessing a big shift in the stigma attached to hypothecating family gold and jewelry as yellow metal can be utilised for development purposes. That stigma change is bringing an otherwise less or unproductive asset to use.” Of its total AUM of Rs 27,500 crore, about Rs 10,000 crore comes from the housing loan segment. “Subsequently, we are doubling the number of branches across the country from the current 100 to more than 200 locations over the next two years,” Shah added.
