StrengthTalking point
Profit outpacing revenue
Profit grew 98.2% while revenue grew 54.4%, so the company kept more of each rupee of revenue as profit.
Importance 72 / 95 · growth
MUTHOOT FINANCE LIMITED · Research view
MUTHOOT FINANCE LIMITED
NSE: MUTHOOTFINBSE: 533398ISIN INE414G01012Face value ₹10standalone
₹2,701
−1.76% · 2026-10-01 · 52-wk ₹2,701–₹4,092
Financials to FY2026 · 5 years of history · prices to 2026-10-01consolidatedstandalone
Section 02 · Synthesis
What stands out?
The strongest observations the engine found, ranked. Every line is generated from the filed numbers by a fixed rule — no opinion, no estimate.
StrengthConcernWatchContext
StrengthTalking point
Returns at a multi-year high
ROE of 30.4% is the highest in 4 years (prior range 17.8% to 21.1%).
Importance 64 / 95 · profitability
StrengthTalking point
Book value compounding
Net worth compounded at 20.1% a year over 4 years (₹19,138 → ₹39,774).
Importance 58 / 95 · financial health
Section 03 · The company
Who is this company?
Classified by the exchange under Financial Services › Financial Services › Finance › Non Banking Financial Company (NBFC).
- Market cap
- ₹1.08 L cr
- FY2026 revenue
- ₹27,558 cr
- FY2026 net profit
- ₹10,134 cr
- Net worth
- ₹37,742 cr
- Total debt
- —net cash
- EPS (basic)
- ₹252.43
- Listed
- NSE · BSE
- Reporting
- Ind-AS (NBFC)Apr–Mar
Peer set used on this page: 5 non banking financial company (nbfc).
Section 04 · Business performance
Is the business growing?
RevenueNet profit
Strength
Profit grew 98.2% while revenue grew 54.4%, so the company kept more of each rupee of revenue as profit.
Rule PROFIT_FASTER_THAN_REVENUE
- Revenue growth per year
- +25.6%over 4 years
- Revenue growth
- +61.2%vs last year
- Net profit growth
- +94.9%vs last year
- Change in net profit since FY22
- +156%
Revenue compounded at 26.5% a year over 4 years (₹12,185 → ₹31,209) — though FY2026 saw a one-off step-change of 54% (a merger, restructuring or a recovery off a low base), so the compounding is uneven.
Net profit grew 98.2% year on year (FY2025 → FY2026).
Revenue grew 54.4% year on year (FY2025 → FY2026).
Section 05 · Recent activity
What changed recently?
Quarterly results, the trailing-twelve-months snapshot, and verified corporate actions — kept separate from each other and from the annual story above. Every figure traces to a filed number; nothing here is external news or commentary.
Strength
Q1 FY27 net profit was ₹2,825 cr, up 43.1% from ₹1,974 cr a year earlier.
Rule QTR_PROFIT_GROWTH_YOY
Strength
Q1 FY27 revenue was ₹8,672 cr, up 34.4% from ₹6,450 cr in Q1 FY26 a year earlier.
Rule QTR_REVENUE_GROWTH_YOY
Strength
Q1 FY27 EBIT was ₹7,256 cr, up 44.9% from ₹5,009 cr a year earlier.
Rule QTR_OPERATING_PERFORMANCE_CHANGE_YOY
A. Quarterly results
RevenueNet profit
| Quarter | Revenue | YoY | Net profit | YoY | Net margin |
|---|---|---|---|---|---|
| Q2 FY25 | 4,929 | — | 1,321 | — | 26.8% |
| Q3 FY25 | 5,190 | +35.9% | 1,392 | +21.5% | 26.8% |
| Q4 FY25 | 5,622 | +35.0% | 1,444 | +22.1% | 25.7% |
| Q1 FY26 | 6,450 | +44.2% | 1,974 | +65.1% | 30.6% |
| Q2 FY26 | 7,283 | +47.8% | 2,412 | +82.5% | 33.1% |
| Q3 FY26 | 8,188 | +57.8% | 2,823 | +102.9% | 34.5% |
| Q4 FY26 | 9,289 | +65.2% | 3,397 | +135.3% | 36.6% |
| Q1 FY27 | 8,672 | +34.4% | 2,825 | +43.1% | 32.6% |
B. TTM snapshot
Trailing twelve months to 30 Jun 2026 · sum of the last 4 contiguous quarters
- Revenue
- ₹33,431 crTTM
- EBITDA
- ₹27,685 crTTM
- EBIT
- ₹27,551 crTTM
- PBT
- ₹15,448 crTTM
- Net profit
- ₹11,457 crTTM
C. Corporate actions
17 Apr 2026DividendInterim Dividend - Rs. - 30.0000 — ₹30.00/share
25 Apr 2025DividendInterim Dividend - Rs. - 26.0000 — ₹26.00/share
31 May 2024DividendInterim Dividend - Rs. - 24.0000 — ₹24.00/share
18 Apr 2023DividendInterim Dividend - Rs. - 22.0000 — ₹22.00/share
25 Apr 2022DividendInterim Dividend - Rs. - 20.0000 — ₹20.00/share
22 Apr 2021DividendInterim Dividend - Rs. - 20.0000 — ₹20.00/share
23 Mar 2020DividendInterim Dividend - Rs. - 15.0000 — ₹15.00/share
11 Apr 2019DividendInterim Dividend - Rs. - 12.0000 — ₹12.00/share
15 Feb 2018DividendInterim Dividend - Rs. - 10.0000 — ₹10.00/share
30 Mar 2017DividendInterim Dividend - Rs. - 6.0000 — ₹6.00/share
16 Mar 2016DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
5 Nov 2015DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
22 Sept 2015DividendDividend - Rs. - 2.0000 — ₹2.00/share
22 Oct 2014DividendInterim Dividend - Rs. - 4.0000 — ₹4.00/share
10 Sept 2014DividendDividend - Rs. - 1.0000 — ₹1.00/share
4 Feb 2014DividendInterim Dividend - Rs. - 2.0000 — ₹2.00/share
5 Nov 2013DividendInterim Dividend - Rs. - 3.0000 — ₹3.00/share
12 Sept 2013DividendDividend - Rs. - 4.5000 — ₹4.50/share
16 Aug 2012DividendDividend - Rs. - 4.0000 — ₹4.00/share
Section 06 · Business performance
Is it becoming more profitable?
EBITDA marginNet margin
Strength
ROE of 30.4% is the highest in 4 years (prior range 17.8% to 21.1%).
Rule ROE_AT_MULTI_YEAR_HIGH
- EBITDA margin now
- 85.9%
- 5-year range
- 79.4–85.9%
- ROE FY2026
- 30.6%
- ROCE FY2026
- —
ROE of 30.4% is well above the non banking financial company nbfc median of 17.9%.
ROE improved from 19.2% to 30.4% year on year.
Section 07 · Financial health
Is financial health improving?
Net worth (shareholders' funds)
Strength
Net worth compounded at 20.1% a year over 4 years (₹19,138 → ₹39,774).
Rule NET_WORTH_COMPOUNDING
Operating cash flowNet profit
- Total debt
- —
- Operating cash flow ÷ net profit
- -4.18×FY2026
- Free cash flow
- ₹−42,441 cr
- Current ratio
- —
Section 08 · Relative position
How does it compare with peers?
Ranked against 5 non banking financial company (nbfc) (FY2026, consolidated).
Revenue growth
MUTHOOTFIN · 1st of 4 · set median 18.9%
EBITDA margin
MUTHOOTFIN · 1st of 5 · set median 73.3%
Return on equity
MUTHOOTFIN · 1st of 5 · set median 17.9%
P/E ratio
MUTHOOTFIN · 1st of 5 · set median 23.5×
Context
Trades at 9.46× earnings — 60% below the non banking financial company nbfc median of 23.46×.
Rule PE_BELOW_PEERS
- P / E
- 9.5×TTM to Jun 26
- P / B
- 2.7×latest book
- P / S
- 3.2×TTM sales
- Earnings yield
- 10.6%TTM to Jun 26
On the trailing twelve months. Last full year: P/E 10.2× · P/S 3.5× · ROE 30.4%.
Section 09 · The stock
How has the stock performed?
Context
Over 4 years profit (27.4% a year) and the stock (29.2% a year) compounded at roughly the same rate.
Rule STOCK_TRACKED_EARNINGS
- 1-year return
- −14.1%
- 3-year return
- +115.7%
- 5-year return
- +76.1%
- From 52-wk high
- −34.0%
Section 10 · Technical data
What does the technical data say?
Price-action indicators as of 2026-10-01. Secondary to the fundamentals above — included for timing context, not as a signal.
- vs 50-day avg
- Below₹2,930
- vs 200-day avg
- Below₹3,330
- RSI (14)
- 33.6neutral
- MACD histogram
- -11.0
- From 52-wk high
- −34.0%
- From 52-wk low
- 0.0%
- 30-day volatility
- 32.6%ann.
- 6-month return
- −14.4%
Section 11 · Open questions
What should I investigate further?
Observations the engine tagged watch or deteriorating — prompts for your own research, not conclusions.
Nothing is flagged for review for this company.
Data coverage is complete — 5 years of financials (FY2022–FY2026), full P&L, balance sheet and cash-flow statement, sector metrics fully mapped.
Section 12 · Reference
The numbers
The full statements, kept deliberately secondary. Every figure traces to a BSE Integrated Filing (inline XBRL); ratios are recomputed from the normalised facts.
| Metric | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 11,082 | 10,515 | 12,635 | 17,099 | 27,558 |
| Total income | 11,098 | 10,544 | 12,694 | 17,156 | 27,600 |
| EBITDA | 9,199 | 8,424 | 10,169 | 13,576 | 23,674 |
| Profit before tax | 5,309 | 4,666 | 5,449 | 7,071 | 13,645 |
| Net profit | 3,954 | 3,474 | 4,050 | 5,201 | 10,134 |
| EPS (₹) | 98.5 | 86.5 | 100.9 | 129.5 | 252.4 |
| Net worth | 18,345 | 21,062 | 24,290 | 28,438 | 37,742 |
| Operating cash flow | −1,142 | −1,902 | −9,302 | −25,855 | −42,324 |
| Free cash flow | −1,213 | −1,995 | −9,471 | −25,975 | −42,441 |
| Ratio | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth YoY | — | -5.1 | 20.2 | 35.3 | 61.2 |
| Profit growth YoY | — | -12.2 | 16.6 | 28.4 | 94.9 |
| Profitability | |||||
| EBITDA margin % | 83.0 | 80.1 | 80.5 | 79.4 | 85.9 |
| Net margin % | 35.6 | 32.9 | 31.9 | 30.3 | 36.7 |
| Return on equity % | 21.6 | 17.6 | 17.9 | 19.7 | 30.6 |
| Return on capital % | — | — | — | — | — |
| Leverage & cash | |||||
| Debt to equity | — | — | — | — | — |
| Cash flow ÷ profit | -0.29 | -0.55 | -2.30 | -4.97 | -4.18 |
| Current ratio | — | — | — | — | — |