Price
Financials
Standalone, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 | 27 | 32 | 37 | 40 | 43 | 41 | 48 | 51 | 53 | 65 | 77 |
| Interest | 9 | 13 | 17 | 20 | 22 | 24 | 23 | 25 | 26 | 31 | 38 | 41 |
| Expenses | 7 | 7 | 9 | 10 | 9 | 11 | 12 | 17 | 17 | 12 | 12 | 16 |
| Financing Profit | 6 | 7 | 6 | 7 | 9 | 9 | 6 | 6 | 9 | 10 | 15 | 19 |
| Financing Margin % | 27% | 25% | 19% | 18% | 22% | 20% | 14% | 12% | 17% | 19% | 24% | 25% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 6 | 5 | 6 | 8 | 8 | 5 | 6 | 8 | 9 | 15 | 19 |
| Tax % | 25% | 25% | 21% | 26% | 29% | 26% | 19% | 25% | 27% | 25% | 25% | 26% |
| Net Profit | 4 | 5 | 4 | 5 | 6 | 6 | 4 | 4 | 6 | 7 | 11 | 14 |
| EPS in Rs | 0.27 | 0.30 | 0.25 | 0.28 | 0.35 | 0.37 | 0.24 | 0.24 | 0.35 | 0.40 | 0.56 | 0.71 |
| Gross NPA % | ||||||||||||
| Net NPA % |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 3 | 2 | 23 | 15 | 34 | 98 | 162 | 210 | 246 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 45 | 90 | 120 | 136 |
| Expenses | 0 | 0 | 0 | 8 | -0 | 2 | 16 | 29 | 42 | 50 | 57 |
| Financing Profit | 0 | 0 | 3 | -7 | 23 | 13 | 12 | 24 | 30 | 40 | 53 |
| Financing Margin % | 10% | 81% | 94% | -395% | 99% | 83% | 36% | 24% | 19% | 19% | 22% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 0 | 0 | 3 | -7 | 23 | 13 | 11 | 21 | 27 | 38 | 51 |
| Tax % | 0% | 23% | 14% | -9% | 12% | 14% | 25% | 24% | 26% | 26% | |
| Net Profit | 0 | 0 | 3 | -6 | 20 | 11 | 8 | 16 | 20 | 28 | 38 |
| EPS in Rs | -0.47 | 1.53 | 0.84 | 0.54 | 0.99 | 1.24 | 1.43 | 2.02 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 56% | 83% | 43% | ||
| Compounded Profit Growth | % | 7% | 52% | 93% | ||
| Stock Price CAGR | % | 90% | 17% | 54% | ||
| Return on Equity | 8% | 8% | 7% | 7% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 4 | 4 | 4 | 4 | 5 | 16 | 16 | 20 |
| Reserves | 0 | 0 | 73 | 67 | 86 | 97 | 149 | 228 | 254 | 555 |
| Borrowing | 0 | 0 | 0 | 10 | 0 | 0 | 226 | 640 | 704 | 1,398 |
| Other Liabilities | 0 | 0 | 1 | 0 | 2 | 1 | 16 | 41 | 47 | 55 |
| Total Liabilities | 2 | 2 | 78 | 82 | 93 | 103 | 395 | 926 | 1,021 | 2,028 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 2 | 3 | 9 | 6 | 7 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 66 | 59 | 73 | 10 | 3 | 5 | 5 | 165 |
| Other Assets | 2 | 1 | 12 | 22 | 20 | 91 | 389 | 912 | 1,010 | 1,855 |
| Total Assets | 2 | 2 | 78 | 82 | 93 | 103 | 395 | 926 | 1,021 | 2,028 |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 0 | -2 | 3 | -13 | 4 | -58 | -175 | -359 | -142 | -695 |
| Cash from Investing Activity | 0 | 0 | 0 | -1 | 6 | 67 | -85 | -57 | 90 | -173 |
| Cash from Financing Activity | 2 | 0 | 0 | 10 | -10 | -0 | 269 | 486 | 56 | 925 |
| Net Cash Flow | 2 | -2 | 3 | -3 | -0 | 9 | 8 | 70 | 4 | 57 |
| Free Cash Flow | 0 | -2 | 3 | -13 | 4 | -60 | -175 | -361 | -143 | -699 |
| CFO/OP | 600% | -1,469% | 127% | 185% | 22% | -435% | -921% | -518% | -117% | -431% |
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0% | 5% | 7% | -8% | 25% | 11% | 6% | 8% | 8% | 7% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 58.18% | 58.18% | 54.77% | 54.51% | 54.51% | 54.35% | 54.31% | 54.20% | 54.20% | 54.11% | 47.30% | 47.30% |
| FIIs | 0.00% | 0.00% | 0.11% | 0.49% | 0.33% | 0.86% | 1.25% | 0.85% | 0.84% | 1.06% | 1.18% | 2.26% |
| DIIs | 14.12% | 14.12% | 13.16% | 13.09% | 13.09% | 12.54% | 12.53% | 11.85% | 11.90% | 8.39% | 9.29% | 10.05% |
| Public | 27.68% | 27.70% | 31.96% | 31.90% | 32.06% | 32.25% | 31.92% | 33.10% | 33.05% | 36.43% | 42.22% | 40.39% |
| No. of Shareholders | 14,843 | 18,850 | 22,133 | 25,009 | 24,017 | 25,503 | 25,971 | 26,485 | 27,237 | 27,358 | 25,767 | 24,964 |
Fundamentals
Market Cap₹ 2,612 Cr.
Current Price₹ 132
Stock P/E68.4
Book Value₹ 29.0
ROCE10.7 %
ROE6.69 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)43%
Compounded Profit Growth (TTM)93%
Standalone figures.
Valuation
Market capRs 2,581 Cr
Enterprise valueRs 3,760 Cr
P/E (TTM)67.62x
Price to book4.49x
Price to sales10.50x
EV / EBITDA19.80x
EV / EBIT20.09x
EV / sales15.29x
Earnings yield1.48%
P/E, 3-year average95.51x
P/B, 3-year average6.55x
P/E, 5-year average54.09x
P/B, 5-year average3.63x
Profitability
Operating margin (excl. other income)76.20%
Operating margin (incl. other income)76.40%
EBITDA margin77.23%
Pre-tax margin20.85%
Net profit margin15.52%
Net margin, latest quarter18.23%
ROE6.69%
ROCE10.73%
ROA1.85%
ROE, 3-year average7.55%
ROCE, 3-year average11.27%
ROA, 3-year average2.12%
ROE, 5-year average8.07%
ROCE, 5-year average10.82%
ROA, 5-year average4.15%
ROIC (approx.)7.94%
Tax rate25.59%
Other income / net worth0.07%
Growth
Sales growth (latest year)30.13%
Profit growth (latest year)39.33%
Sales CAGR, 3 years82.70%
Sales CAGR, 5 years55.89%
Profit CAGR, 3 years51.56%
Profit CAGR, 5 years7.31%
Sales growth QoQ18.88%
Profit growth QoQ26.33%
Sales growth YoY (latest quarter)60.11%
Profit growth YoY (latest quarter)240.88%
Per share
EPS (TTM)Rs 1.93
EPS (latest quarter)Rs 0.71
EPS, 3-year averageRs 1.12
EPS, 5-year averageRs 2.22
Book value per shareRs 29.08
Sales per shareRs 12.44
Cash flow per shareRs -35.16
Free cash flow per shareRs -35.37
Dividend per share, 5-year averageRs 0.20
Dividends
Dividend payout, 5-year average3.95%
Efficiency
Asset turnover0.10x
Fixed asset turnover28.73x
Leverage
Total debtRs 1,398 Cr
Cash and bankRs 219 Cr
Net debtRs 1,179 Cr
Debt to equity2.43x
Net debt / EBITDA6.21x
Interest coverage1.38x
Owners' fund to total sources28.35%
Debt to assets68.93%
Cash flow
Cash from Operating Activity (latest year)Rs -695 Cr
Cash from Investing Activity (latest year)Rs -173 Cr
Cash from Financing Activity (latest year)Rs 925 Cr
Net Cash Flow (latest year)Rs 57 Cr
Free cash flow (latest year)Rs -699 Cr
FCFE (approx.: FCF + change in debt)Rs -5 Cr
Cash from ops / profit, 5 years-17.22x
Statement figures
Net sales (TTM)Rs 246 Cr
Net sales (latest year)Rs 210 Cr
Sales (latest quarter)Rs 77 Cr
Operating profit excl. other income (latest year)Rs 160 Cr
Operating profit (latest quarter)Rs 60 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs 190 Cr
PBDT (TTM)Rs 54 Cr
Profit before tax (TTM)Rs 51 Cr
Tax (latest year)Rs 10 Cr
Net profit (TTM)Rs 38 Cr
Net profit (latest year)Rs 28 Cr
Net profit (latest quarter)Rs 14 Cr
Depreciation (TTM)Rs 3 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 136 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 50 Cr
Total income (latest year)Rs 211 Cr
Share capitalRs 20 Cr
ReservesRs 555 Cr
Shareholders' fundsRs 575 Cr
Total assetsRs 2,028 Cr
Net blockRs 7 Cr
InvestmentsRs 165 Cr
Other liabilitiesRs 55 Cr
Shares outstanding (crore)19.76
Ownership
Promoter holding47.30% (-6.90 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 55.9 is at the 38th percentile of its own 6.0-year range
(median 60.1, low 4.1, high 329.8).
P/B 3.72 is at the 40th percentile (median 4.63).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | MUFIN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -0.9% | -2.8% | +1.8 pts |
| 1 month | -3.0% | -6.8% | +3.8 pts |
| 3 months | -3.3% | -7.6% | +4.3 pts |
| 6 months | +36.9% | +0.4% | +36.5 pts |
| 1 year | +51.6% | -9.9% | +61.5 pts |
| 2 years | +13.5% | -13.6% | +27.0 pts |
| 3 years | +56.7% | +14.2% | +42.5 pts |
| 5 years | +2287.4% | +27.9% | +2259.5 pts |
1 mutual fund schemes hold about ₹45 Cr.
Over three months 0 bought more and 0 sold (share counts, price move removed).
| Fund | Weight | Est. Cr | 3m shares |
|---|---|---|---|
| Tata Banking & Financial Services Fund | 1.36% | 45 | +1% |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -1851% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 36% of total assets in 2026 |
| explain | Share dilution Share count up 21% in a year, 31% in three |
| explain | Low interest cover Interest cover 1.3x in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Revenue ₹77 Cr +60.4% vs Jun 2025.
Net profit ₹14 Cr +250.0%.
Against our estimate for Jun 2026: sales +13.9%, profit +65.8% big beat. Our estimate for Sep 2026: sales Rs 81 Cr, profit Rs 12 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
No bulk or block deals on record.
No corporate actions on record.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Scrip PE is greater than 50 (4 trailing quarters)
Quick answers
What is the market cap of Mufin Green Finance Ltd?
Mufin Green Finance Ltd (MUFIN) has a market capitalisation of Rs 2,612 Cr. at the 2026-10-01 close.
What is the P/E ratio of Mufin Green Finance Ltd?
Mufin Green Finance Ltd trades at a P/E of 68.4 on trailing twelve-month profit, at the 2026-10-01 close.
What were Mufin Green Finance Ltd's latest quarterly results?
In the Jun 2026 quarter, Mufin Green Finance Ltd revenue was Rs 77 Cr (+60.4% vs Jun 2025) and net profit was Rs 14 Cr.
What is the 52-week high and low of Mufin Green Finance Ltd?
The 52-week high is Rs 141.50 and the 52-week low is Rs 85.13.