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Earnings Call

Mufin Green Finance Earnings Call: Key Takeaways

Mufin Green Finance is pivoting from EV/Solar to high-margin digital products like medical insurance financing and salary-backed loans to aggressively boost profitability.

Why this was an Alfa AlertManagement explicitly guided for FY27 PAT growth of ~200% (3x jump), targeting ₹90cr vs FY26's ₹28cr.
Highlights
Revenue growthAUM grew 84% YoY reaching ₹1,541cr by March 2026.
MarginsStructural expansion targeting ROA of 8%+ in insurance financing segment.
Demand visibilityHigh demand for insurance financing and government employee credit solutions.
Management confidenceExtremely high, focusing on 3x profit growth through tech-based pivoting.

Growth

AUM grew 84% YoY to ₹1,541cr; PBT surged 200% this quarter due to high-yield tech-based products.

Outlook

Management guides FY27 AUM of ₹2,500cr and PAT of ₹80-90cr, a 3x bottom-line jump.

Risks

Rapid shift to new, unproven digital segments; dependency on state government MOUs for Salary Saathi repayments.

Source

Earnings Call filed with BSE, NSE: MUFIN. Summary written with AI assistance from the document.

Read the document ↗

Mufin Green Finance Ltd: key numbers

Share price
₹133.02
Market cap
₹2,636 Cr
Revenue (annual)
₹210.3 Cr
Net profit (annual)
₹28.26 Cr
P/E (TTM)
69.6×Sector 22.0×
Promoter holding
47.30%+0.00% QoQ
FII holding
2.26%Current quarter

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

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18:37 IST BSE
Debt & Borrowing

Mufin Green Finance Debt & Borrowing: ₹4.17 Cr

Mufin Green Finance Ltd completed a partial redemption of Non-Convertible Debentures on September 25, 2026. The company redeemed an amount of ₹4.17 Crore.

Value
₹4.17 Cr
18:37 IST BSE
Debt & Borrowing

Mufin Green Finance Debt & Borrowing: ₹0.15 Cr

Mufin Green Finance Limited has successfully paid an interest amount of ₹0.15 Crore on its Non-Convertible Debentures, confirming timely compliance with its debt obligations.

Value
₹0.15 Cr
16:57 IST BSE
Debt & Borrowing

Mufin Green Finance Debt & Borrowing: ₹57 Cr

Mufin Green Finance Limited received listing approval for its USD 6 million senior notes on India INX. The issuance is valued at approximately ₹57 Crore.

Value
₹57.00 Cr
13:03 IST BSE
Debt & Borrowing

Mufin Green Finance Debt & Borrowing: ₹0.47 Cr

Mufin Green Finance Ltd paid ₹0.47 Crore monthly interest on its ₹55 Crore listed NCDs. Payment was made on due date, 21 September 2026.

Value
₹0.47 Cr
18:33 IST BSE
Credit Rating

Mufin Green Finance Credit Rating

Mufin Green Finance Limited received a 'CareEdge B/Stable' rating from CareEdge Global IFSC Limited for its foreign currency bonds.

21:57 IST BSE
Employee Stock Options

Mufin Green Finance Employee Stock Options

Mufin Green Finance granted 8,53,484 stock options to eligible employees under ESOP Scheme 2023. These options are exercisable at Rs. 70 per option.