MarketFriction

Muthoot Microfin Ltd

NSE MUTHOOTMF · BSE 544055 · Microfinance Institutions
₹174.09 -2.42%
NSE close2026-10-01
52 week range141.20 - 262.77
Market cap₹3,027 Cr.
P/E12.3
IPO 2023 · -40% since Price band 20% Delivery 42.2%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue564577643663662681555559576603632669
Interest221232231234237237222210211222232247
Expenses189208227273334428845333318304300306
Financing Profit1531371851569115-512164777101116
Financing Margin %27%24%29%24%14%2%-92%3%8%13%16%17%
Other Income222011101372
Depreciation9910101111111111101111
Profit before tax147130177147815-5226376997107
Tax %25%4%32%23%24%25%-23%-7%18%10%27%24%
Net Profit110125120113624-401631627181
EPS in Rs9.387.317.026.643.610.22-23.530.361.793.664.174.77
Gross NPA %3.03%4.84%4.85%4.61%4.40%3.89%
Net NPA %0.34%1.34%1.58%1.41%1.34%1.14%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue7488606848331,4292,2492,5632,3752,480
Interest234291299340549866930874911
Expenses2435433694176587721,8801,2541,228
Financing Profit271271675222611-248247340
Financing Margin %36%3%2%9%16%27%-10%10%14%
Other Income2612101762513
Depreciation31419212735434343
Profit before tax27120965213582-289209310
Tax %26%8%22%27%23%23%-23%18%
Net Profit20118747164450-223170245
EPS in Rs17.631.590.624.1514.0326.37-13.059.9914.39
Dividend Payout %0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%28%18%1%
Compounded Profit Growth%89%1%174%
Stock Price CAGR%%%8%
Return on Equity%6%5%6%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital114114114114117167168168
Reserves7727937761,2031,4862,6372,4652,687
Borrowing2,4512,9973,0944,1076,6468,5898,1019,707
Other Liabilities193187200167280197123123
Total Liabilities3,5304,0924,1845,5918,52911,59010,85712,685
Fixed Assets21109110121172215223199
CWIP10000000
Investments00006347354406
Other Assets3,5093,9834,0745,4708,29411,32910,28012,080
Total Assets3,5304,0924,1845,5918,52911,59010,85712,685
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-602114-704-1,084-2,333-1,2721,382-580
Cash from Investing Activity-6-66-38-74-180-225-128-41
Cash from Financing Activity707463801,3442,5671,671-1,485626
Net Cash Flow99511-66218754174-2304
Free Cash Flow-61391-712-1,095-2,361-1,2991,361-591
CFO/OP-105%49%-222%-248%-298%-78%219%-52%
Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %23%2%1%4%11%20%-8%6%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.47%55.47%55.47%55.47%55.47%55.47%55.47%55.47%55.47%55.47%55.47%
FIIs27.59%26.28%26.55%25.85%25.79%25.46%23.40%23.25%23.17%22.81%23.11%
DIIs2.80%2.35%2.28%2.57%2.44%2.32%2.49%2.84%3.03%3.51%3.38%
Public12.11%14.01%13.96%14.38%14.56%15.05%16.95%16.74%16.64%16.61%16.45%
Others2.03%1.89%1.74%1.73%1.73%1.70%1.70%1.70%1.69%1.60%1.60%
No. of Shareholders2,15,0981,86,0881,70,2611,62,5751,61,6551,58,9761,58,2211,52,2901,45,4941,40,5001,36,798

Fundamentals

Market Cap₹ 3,027 Cr.
Current Price₹ 178
Stock P/E12.3
Book Value₹ 167
ROCE9.31 %
ROE6.22 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)1%
Compounded Profit Growth (TTM)174%
Standalone figures.
Valuation
Market capRs 2,968 Cr
Enterprise valueRs 9,981 Cr
P/E (TTM)12.09x
Price to book1.06x
Price to sales1.20x
EV / EBITDA7.89x
EV / EBIT8.17x
EV / sales4.03x
Earnings yield8.27%
P/E, 3-year average7.58x
P/B, 3-year average1.21x
P/E, 5-year average7.58x
P/B, 5-year average1.21x
Profitability
Operating margin (excl. other income)65.68%
Operating margin (incl. other income)65.94%
EBITDA margin50.98%
Pre-tax margin12.49%
Net profit margin9.90%
Net margin, latest quarter12.16%
ROE20.40%
ROCE14.74%
ROA4.47%
ROE, 3-year average11.97%
ROCE, 3-year average11.50%
ROA, 3-year average2.59%
ROE, 5-year average7.75%
ROCE, 5-year average10.18%
ROA, 5-year average1.68%
ROIC (approx.)9.61%
Tax rate22.73%
Other income / net worth0.21%
Growth
Sales growth (latest year)57.40%
Profit growth (latest year)174.32%
Sales CAGR, 3 years48.68%
Sales CAGR, 5 years24.62%
Profit CAGR, 3 years299.52%
Profit CAGR, 5 years17.44%
Sales growth QoQ5.83%
Profit growth QoQ14.37%
Sales growth YoY (latest quarter)19.70%
Profit growth YoY (latest quarter)1216.18%
Per share
EPS (TTM)Rs 14.39
EPS (latest year)Rs 26.37
EPS (latest quarter)Rs 4.77
EPS, 3-year averageRs 14.85
EPS, 5-year averageRs 9.35
Book value per shareRs 164.49
Sales per shareRs 145.44
Cash flow per shareRs -74.59
Free cash flow per shareRs -34.66
Efficiency
Asset turnover0.19x
Fixed asset turnover10.48x
Debtor days2 days
Debtors turnover154.91x
Leverage
Total debtRs 8,589 Cr
Cash and bankRs 1,576 Cr
Net debtRs 7,013 Cr
Debt to equity3.06x
Net debt / EBITDA5.55x
Interest coverage1.34x
Owners' fund to total sources24.20%
Debt to assets74.11%
Cash flow
Cash from Operating Activity (latest year)Rs -1,272 Cr
Cash from Investing Activity (latest year)Rs -225 Cr
Cash from Financing Activity (latest year)Rs 1,671 Cr
Net Cash Flow (latest year)Rs 174 Cr
Free cash flow (latest year)Rs -591 Cr
FCFE (approx.: FCF + change in debt)Rs 1,352 Cr
Cash from ops / profit, 5 years-6.39x
Statement figures
Net sales (TTM)Rs 2,480 Cr
Net sales (latest year)Rs 2,249 Cr
Sales (latest quarter)Rs 669 Cr
Operating profit excl. other income (latest year)Rs 1,477 Cr
Operating profit (latest quarter)Rs 362 Cr
Other income (TTM)Rs 13 Cr
EBITDA (TTM)Rs 1,264 Cr
PBDT (TTM)Rs 353 Cr
Profit before tax (TTM)Rs 310 Cr
Tax (latest year)Rs 132 Cr
Net profit (TTM)Rs 245 Cr
Net profit (latest year)Rs 450 Cr
Net profit (latest quarter)Rs 81 Cr
Depreciation (TTM)Rs 43 Cr
Depreciation (latest quarter)Rs 11 Cr
Interest (TTM)Rs 911 Cr
Cost of goods sold (latest year)Rs 50 Cr
Total expenditure (latest year)Rs 772 Cr
Total income (latest year)Rs 2,255 Cr
Share capitalRs 167 Cr
ReservesRs 2,637 Cr
Shareholders' fundsRs 2,804 Cr
Total assetsRs 11,590 Cr
Net blockRs 215 Cr
InvestmentsRs 47 Cr
ReceivablesRs 15 Cr
Other liabilitiesRs 197 Cr
Shares outstanding (crore)17.05
Ownership
Promoter holding55.47% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 1.06 is the lowest in 2.9 years (median 1.91).
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.
PeriodMUTHOOTMFNifty 50Difference
1 week-5.1%-2.8% -2.3 pts
1 month-11.3%-6.8% -4.5 pts
3 months-21.4%-7.6% -13.8 pts
6 months+19.5%+0.4% +19.1 pts
1 year+5.3%-9.9% +15.2 pts
2 years-24.2%-13.6% -10.6 pts
1 mutual fund schemes hold about ₹0 Cr. Over three months 0 bought more and 0 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Motilal Oswal BSE 1000 Index Fund0.00%0

Red flags

F-score 5 of 7
explainWeak cash conversion Cash from operations was -709% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 15% of total assets in 2026
lookAuditor change Auditor change 2026-06-30: Muthoot Microfin Limited has informed the Exchange regarding Change in Auditors of the company.
lookRegulator order or action Regulator order or action 2026-01-09: Muthoot Microfin Limited has informed the Exchange about Action(s) taken or orders passed
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 2026
Revenue ₹669 Cr +19.7% vs Jun 2025. Net profit ₹81 Cr +1250.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-09-15General UpdatesGeneral Updates
2026-09-15Press ReleaseA press release dated September 15, 2026, titled "Muthoot Microfin Secures ₹250 Crore Through NCDs to DriveGrowth Plans".
2026-09-08AllotmentAllotment of 250000 securities pursuant to Non Convertible Securities at its meeting held on September 08, 2026
2026-09-08Concall / analyst meetSchedule of meet
2026-08-28Issue of SecuritiesIssue of Securities
2026-08-28Committee Meeting UpdatesOutcome of Committee Meeting held on August 28, 2026.
2026-08-25Committee Meeting UpdatesCommittee Meeting to be held on August 28, 2026.
2026-08-24Concall / analyst meetSchedule of meet
2026-08-17Concall / analyst meetSchedule of meet
2026-08-14General UpdatesAsset Liability Management Statement for the month of July 2026
2026-08-12AppointmentAppointment of as Non- Executive Director of the company w.e.f. Jun 30, 2026.
2026-08-12Shareholder meetingVoting results.
2026-08-12Concall / analyst meetTranscript
2026-08-11RetirementRetirement of Director
2026-08-11Shareholder meetingProceedings of Annual General Meeting held on August 11, 2026
2026-08-07General UpdatesUpdate on the shareacquisition and subsequent settlement of shares of Muthoot Fincorp Limited.
2026-08-07Concall / analyst meetLink of recordings
2026-08-06Investor PresentationInvestor Presentation
2026-08-06Press ReleaseA press release dated August 06, 2026, titled "Press release".
2026-08-06Board meeting outcomeMuthoot Microfin Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-05General UpdatesIssue of Commercial Paper.
2026-08-04General UpdatesSEBI Exemption Order.
2026-07-30Concall / analyst meetSchedule of meet
2026-07-28General UpdatesL Updates on public notice
2026-07-15Shareholder meetingNotice of Annual General Meeting to be held on August 11, 2026
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Muthoot Microfin Ltd?

Muthoot Microfin Ltd (MUTHOOTMF) has a market capitalisation of Rs 3,027 Cr. at the 2026-10-01 close.

What is the P/E ratio of Muthoot Microfin Ltd?

Muthoot Microfin Ltd trades at a P/E of 12.3 on trailing twelve-month profit, at the 2026-10-01 close.

What were Muthoot Microfin Ltd's latest quarterly results?

In the Jun 2026 quarter, Muthoot Microfin Ltd revenue was Rs 669 Cr (+19.7% vs Jun 2025) and net profit was Rs 81 Cr.

What is the 52-week high and low of Muthoot Microfin Ltd?

The 52-week high is Rs 262.77 and the 52-week low is Rs 141.20.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03