āagman

Not investment advice. Data and computed figures, for information only.

Muthoot Finance Ltd

NSE: MUTHOOTFINF&O
₹2,598.30
−₹1.70 (−0.07%)
NSE · 16 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,05,373 Cr
CMP
₹2,598.30
52-wk High / Low
₹4,150 / 2,545
P/E
9.3
P/B
2.6
Book Value
₹1,011.0
Div Yield
1.14%
ROCE
15.8%
ROE
31.0%
Face Value
₹10
D/E
3.88

Price−19.2% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 14 quarters of filings. Not reported by the company.
As of 16 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹2,450
√(22.5 × EPS × book value per share)
Cash flow to profit
−4.47
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Sustainable growth
27.7%
ROE × earnings retention ratio
ROE stability
3.7
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −0.70DII +0.32
Latest quarter vs the previous one
Cash-accrual divergence
35.3%
of assets
Low = accruals track cash flow
Strengths
+FII holding rose by 2.2pp over the last year
+PE of 9.3x is below the sector median of 20.4x
Watch-outs
−Borrowings are up 705.2% since FY2016 (18854 to 151806)
−Price trades below its 200-day moving average (0.8x)
−Price is 37.4% below its 52-week high
−Balance-sheet accruals of 35.3% of average assets — earnings are not cash-backed

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,4723,6063,8204,1644,4744,9295,1905,6226,4507,2838,1889,2898,672
Expenses8478058721,1211,2261,3241,4051,5491,4221,4801,4261,5281,408
Operating Profit—————————————
OPM %—————————————
Other Income372623161929326165020323
Interest1,2361,3351,4121,4471,5951,8071,9002,1112,3552,5712,9193,1553,458
Depreciation19222427262531353538402431
Profit before tax1,4071,4701,5341,5851,6461,8021,8861,9322,6543,2443,8224,5843,797
Net Profit1,0451,0951,1451,1821,1961,3211,3921,4441,9742,4122,8233,3972,825
EPS (₹)25.4626.3927.4928.3728.9931.6734.6036.8150.2260.2969.8483.4369.72

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,3364,9365,9356,7147,5949,68411,53512,18611,89815,06220,21431,20933,431
Expenses1,1101,2681,5541,6561,7472,2072,2592,4902,7473,6225,4225,7675,841
Operating Profit—————————————
OPM %—————————————
Other Income15367622325275101515495
Interest2,1142,2882,3742,1322,5433,1804,1094,2684,2255,4527,46111,05412,103
Depreciation84595252525967707892116137134
Profit before tax1,0291,3271,9592,9423,2604,2605,1315,4104,9235,9967,26614,30515,448
Net Profit6728181,2001,8442,1033,1693,8194,0313,6704,4685,35210,60711,457
EPS (₹)16.8620.4130.0345.7451.8678.2594.83100.0889.98107.71132.84263.79283.28

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital398399399400401401401401401401401401—
Reserves4,6865,2236,1397,4579,53111,42815,17418,38421,26424,70628,96538,729—
Other Liabilities2,2922,9183,4691,9251,6752,0852,6382,9462,6643,2214,0854,784—
Total Liabilities26,99627,39532,18433,67241,73454,86768,62776,30080,13496,4531,32,8351,95,721—
Fixed Assets269235257251259314327342386482682721—
CWIP7111062329395267891311—
Investments2049971772116308095235467122,401550—
Other Assets26,70027,10031,82033,23741,24153,89467,45375,38279,13595,1701,29,7391,94,439—
Total Assets26,99627,39532,18433,67241,73454,86768,62776,30080,13496,4531,32,8351,95,721—
Borrowing19,62118,85422,17723,89130,12840,95250,41454,56955,80468,12599,3831,51,806—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−479108−2,186−1,432−4,824−4,970−7,814−1,596−2,804−13,605−26,525−47,393
Cash from Investing Activity21−43−177−126−162−3853741018048−1,3752,461
Cash from Financing Activity249−1,1023,0278246,3519,1939,7123,44539511,80930,04149,320
Net Cash Flow−209−1,036664−7341,3643,8381,9352,260−2,229−1,7492,1424,388

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %———————————15.8
ROE %13.015.020.025.023.029.028.023.018.018.020.031.0
EPS (₹)16.8620.4130.0345.7451.8678.2594.83100.0889.98107.71132.84263.79
Book Value (₹)———————————1,011.0
Face Value (₹)———————————10
P/E———————————9.3
Div Yield %———————————1.14
NPM %15.516.620.227.227.732.633.032.930.729.526.433.9
OPM %————————————
D/E3.863.353.393.043.033.463.242.902.582.713.383.88
P/B———————————2.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+20.0%
5 years+22.0%
3 years+38.0%
TTM+51.0%
Compounded profit growth
10 years+29.0%
5 years+23.0%
3 years+43.0%
TTM+85.0%
Stock price CAGR
10 years+23.0%
5 years+11.0%
3 years+29.0%
Last year−17.0%
Return on equity
10 years24.0%
5 years23.0%
3 years24.0%
Last year31.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters73.71%73.71%73.61%73.49%73.43%73.40%73.37%73.35%73.35%73.35%73.35%73.35%
FIIs13.55%13.55%11.10%12.35%14.37%15.99%12.13%9.37%8.33%11.02%12.31%11.61%
DIIs8.11%8.11%10.81%9.83%7.09%6.60%9.67%12.66%14.72%11.75%10.43%10.75%
Government0.00%0.00%0.10%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public4.63%4.63%4.38%4.33%5.12%4.02%4.83%4.61%3.59%3.87%3.92%4.29%
No. of shareholders40,27340,27349,60846,45567,5391,60,7892,42,2162,72,1481,94,9513,05,6723,14,8873,12,071
Change since Jun 2023 (pp)
Promoters −0.36FIIs −1.94DIIs +2.64Public −0.34

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Change in DirectorateClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-AcquisitionAnnouncement under Regulation 30 (LODR)-Change in ManagementShareholder Meeting / Postal Ballot-Outcome of AGM
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingAug 2026PPTMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025Recording

Corporate actions

As of 17 Apr 2026
17 Apr 2026DIVIDENDInterim Dividend - Rs 30 Per Share—
25 Apr 2025DIVIDENDInterim Dividend - Rs 26 Per Share—
31 May 2024DIVIDENDInterim Dividend - Rs 24 Per Share—
18 Apr 2023DIVIDENDInterim Dividend - Rs 22 Per Share—
25 Apr 2022DIVIDENDInterim Dividend - Rs 20 Per Share—
22 Apr 2021DIVIDEND Interim Dividend - Rs 20 Per Share—
23 Mar 2020DIVIDEND Interim Dividend - Rs 15 Per Share—
11 Apr 2019DIVIDEND Interim Dividend - Rs 12 Per Share—
15 Feb 2018DIVIDEND Interim Dividend Rs 10/- Per Share (Purpose Revised)—
30 Mar 2017DIVIDEND Interim Dividend-Rs 6/- Per Share (Purpose Revised)—
16 Mar 2016DIVIDEND Interim Dividend - Rs 2/- Per Share—
5 Nov 2015DIVIDEND Interim Dividend - Rs 4/- Per Share (Purpose Revised)—
22 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 2/- Per Share—
22 Oct 2014DIVIDEND1st Interim Dividend Rs.4/- Per Share—
10 Sep 2014DIVIDENDAnnual General Meeting / Dividend - Re 1/- Per Share—
4 Feb 2014DIVIDENDInterim Dividend - Rs 2/- Per Share (Purpose Revised)—
5 Nov 2013DIVIDENDInterim Dividend Rs.3/- Per Share (Purpose Revised)—
12 Sep 2013DIVIDENDAnnual General Meeting And Dividend Rs.4.50 Per Share—
16 Aug 2012DIVIDENDAnnual General Meeting/ Dividend Rs. 4 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman