Andromeda Crosses ₹1.08 Lakh Crore In Loan Disbursals In FY25, Sets Ambitious ₹1.20 Lakh Crore Target For FY26.

New Delhi, 24th of April 2025 : Andromeda Sales and Distribution Pvt. Ltd., India’s largest loan distributor, has achieved a significant milestone by closing the financial year 2024–25 with total loan disbursals of ₹1.08 lakh crore. This performance marks a 25% year-on-year growth, cementing the company’s leadership in the loan distribution space across home, business, personal, and secured lending segments.

·       Robust growth driven by home loans, digital innovation, and national expansion strategy

·       Home loan segment shows robust growth, reaching Rs 48,000 crore, a 30% Y-o-Y increase

·       Loans against property stood strong at ₹41,000 crore, marking a 28% surge.

With strong momentum and continued digital transformation, the company has set a target of ₹1.20 lakh crore in disbursals for FY2025–26.

Over the last four years, Andromeda has consistently scaled new heights, growing from ₹38,872 crore in FY22 to ₹64,000 crore in FY23, followed by ₹86,500 crore in FY24, and now achieving ₹1.08 lakh crore in FY25. This impressive growth trajectory has been led primarily by home loans, which accounted for ₹48,000 crore in disbursals this fiscal year, registering a growth of over 30%. Loans against property stood strong at ₹41,000 crore, reflecting the increasing demand for secured loan products in urban and semi-urban markets.

FY25 was also a transformative year for Andromeda from a technology and expansion standpoint. The launch of the company’s flagship OneAndro app, which allows channel partners and agents to compare, apply for, and track loans from over 30 partner lenders, has played a pivotal role in growth.

Speaking about the strong performance and the path ahead, Mr. Raoul Kapoor, Co-CEO of Andromeda Sales and Distribution Pvt. Ltd., said, “We are proud of the momentum we’ve built over the past year. FY25 was not just about growth in numbers, but about transforming how India borrows. The launch of our OneAndro app and continued focus on secured lending and tech enablement have allowed us to widen our footprint while enhancing customer and partner experience. We expect to sustain our growth in FY26 with a sharper digital focus and deeper penetration in Tier 2 and Tier 3 markets.”

The company’s strengthened partnerships with banks, NBFCs, and fintechs have allowed it to remain agile and responsive to this evolving demand.

Looking ahead to FY26, Andromeda plans to further improve on its digital infrastructure, expand its lending portfolio further into co-lending, credit cards, and MSME products, and continue its commitment to empowering financial inclusion across India.

Moreover, with the Reserve Bank of India already initiating policy rate cuts over the last two MPC meetings—and further reductions likely on the horizon—interest rates are expected to soften further. This will likely spur demand across all loan categories. Andromeda anticipates strong business growth in FY 2025-26, driven by improved borrowing conditions and greater consumer appetite for credit.

With its consistent performance, customer-centric approach, and innovation-led strategy, Andromeda is well-positioned to drive the next phase of growth in India’s lending ecosystem.

About Andromeda Loans:

Andromeda was founded in 1991 by the present executive director, Mr. V Swaminathan. Today, Andromeda is India’s largest retail loan distributor. With a rich legacy that spans over 30 years, covering 100+ cities, 470 branches, with over 4,000 employees and a strong distributor network of over 25,000 partners, Andromeda is poised to leapfrog into the future by leveraging the power of technology. By integrating our acute understanding of the marketplace with the latest trends and developments in digital technology, we help customers find the financial products best suited to their needs.

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