| Margins | Blended TW portfolio yield 22.09%, up from 19.64% YoY |
|---|---|
| Demand visibility | Q2 disbursement ₹649 Cr, +21% QoQ; two-wheeler dominant |
Growth
Retail AUM ₹3,086 Cr, +25% YoY; co-lending ₹382 Cr, −52% YoY. Q2 disbursement ₹649 Cr, +21% QoQ.
Outlook
No explicit guidance given. Q3 FY27 liquidity closing ₹301.71 Cr projected; no capex or acquisition plans.
Risks
GNPA rose to 4.81% from 3.94% QoQ; North GNPA 6.94%. Co-lending down 52% YoY. Excess ECL ₹45.67 Cr (Q1 data).
Last quarter's promises, checked
Delivered
- Guided zero incremental co-lending → co-lending ₹499 Cr to ₹382 Cr (−23% QoQ) (= BEAT)
- Guided disbursement scale-up from end-Q2 → Q2 disbursement ₹649 Cr, +21% QoQ (= BEAT)
- Guided PCR held at 50% → Retail Stage 3 PCR held at 50% (= BEAT)
Partly delivered
- Guided FY27 AUM ₹4,000–4,200 Cr → H1 AUM ₹3,530 Cr, H2 ramp still required (= PARTIAL)
- Guided further 40–50 bps borrowing cost cut → blended cost only 'below 10%', bps change N/A (= PARTIAL)
Missed
- Guided retail GNPA sub-4% through FY27 → total GNPA 4.81%, up from 3.94% (retail split N/A) (= MISS)
Investor Presentation filed with BSE, NSE: MUTHOOTCAP. Summary written with AI assistance from the document.
Muthoot Capital Services Ltd: key numbers
- Share price
- ₹203.74
- Market cap
- ₹340.6 Cr
- Revenue (annual)
- ₹620.5 Cr
- Net profit (annual)
- ₹11.17 Cr
- P/E (TTM)
- 14.2×Sector 20.3×
- Promoter holding
- 63.33%+0.00% QoQ
- FII holding
- 1.24%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Muthoot Capital Services Ltd
All →Muthoot Capital Services Other Announcement
Muthoot Capital Services filed its quarterly Regulation 52(7) statement for NCD issue proceeds, showing ₹250 Crore raised and fully utilised for on-lending. It reports no deviation or variation from the stated objects.
Muthoot Capital Services Q2 FY27 Results: Net Profit ₹4.4 Cr, Up 57.1% YoY
Muthoot Capital Services Ltd reported revenue from operations of ₹175.4 Cr (+14.3% YoY) and net profit of ₹4.4 Cr (+57.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹4.4 Cr · +57.1% YoY
Muthoot Capital Services Debt & Borrowing: ₹0.12 Cr
Muthoot Capital Services paid Rs.0.12 Crore interest on its secured NCDs (Series MCSL-08/2024-25) on the due date of 2 November 2026. Monthly interest is 10.4% on a Rs.110 Crore issue.
- Value
- ₹0.12 Cr
Muthoot Capital Services Debt & Borrowing: ₹0.22 Cr
Muthoot Capital Services confirmed monthly interest payment of ₹0.22 Crore on NCDs under Reg 57(1). The underlying NCD issue size is ₹25 Crore.
- Value
- ₹0.22 Cr
Muthoot Capital Services Debt & Borrowing: ₹25 Cr
Muthoot Capital Services fully redeemed its Series 05/2024-25 NCDs on 29 October 2026, paying Rs 25.00 Crore on final redemption. Interest was paid on the same date.
- Value
- ₹25.00 Cr
Muthoot Capital Services Debt & Borrowing: ₹1.23 Cr
Muthoot Capital paid Rs 1.23 Crore monthly interest across two listed NCD series on October 28, 2026. Both series carry a 10% coupon with payment on schedule.
- Value
- ₹1.23 Cr