Moneyboxx Finance Earnings Call Transcript: Key Takeaways

Moneyboxx Finance Q2 FY27 concall: date, live audio and summaryConcall page →

Highlights
Revenue growth	Total income +11% YoY, +17% QoQ; H1 income ₹113 Cr.
Margins	NIM 11.9% in H1; lending IRR 24.8% moderating from mix shift.
Demand visibility	October disbursements ₹50 Cr; further growth expected, unquantified.
Management confidence	Over-optimistic; hedged forecasts, 'very strong growth' without numbers.

Growth

Total income ₹61 Cr, +11% YoY and +17% QoQ; PPOP +79% YoY. Growth is off a low base and AUM has not yet expanded.

Targets AUM of ₹1,100-1,200 Cr by March 2027 and H2 disbursements of ₹500-600 Cr. Opex/AUM below 10% in two years is a medium-term aim.

NCD borrowing costs up 25-30 bps; opex at 14.3% of AUM in H1; lending yields moderating with the shift to higher-ticket secured loans.

Guided ~80% secured AUM by Mar-27 → 73%, down from 75% in Jun-26 (= PARTIAL, due Mar-27)
Guided energy loans ~10% of AUM by FY27 → Solar AUM ₹17 Cr (= PARTIAL, due Mar-27)

Guided AUM to grow meaningfully from ₹832 Cr → near ₹800 Cr (= MISS)
Guided opex flat at ~₹28.6 Cr/qtr with AUM absorbing cost → opex/AUM 14.3% H1 (= MISS)

Source

Earnings Call Transcript filed with NSE, NSE: MONEYBOXX. Summary written with AI assistance from the document.

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.