| Revenue growth | Total income H1 +36% YoY; Q2 +37% |
|---|---|
| Margins | Loan margin of safety 35% Sep-26 vs 43% Sep-25; declining |
| Demand visibility | Organised gold loan market ₹16 Lakh Cr (FY26), growing 33-36% |
| Management confidence | Chairman: growth must be balanced with prudence |
Growth
H1 consolidated PAT ₹6,103 Cr (+39% YoY); Q2 ₹3,278 Cr (+36%). Standalone PAT H1 ₹5,527 Cr (+26%); gold AUM +43%.
Outlook
No explicit numeric guidance. Mgmt cites ₹16 Lakh Cr organised gold loan market (FY26) growing 33–36%; prudence over growth.
Risks
Standalone impairments ₹515 Cr in Q2 vs ₹95 Cr; finance cost +46% H1; margin of safety 35% (Sep-25: 43%).
Last quarter's promises, checked
Delivered
- Standalone AUM growth guided 15% → gold AUM +43% (= BEAT)
Missed
- Asset quality 'always stable', no impairments → standalone impairments ₹515 Cr vs ₹95 Cr (= MISS)
Investor Presentation filed with NSE, NSE: MUTHOOTFIN. Summary written with AI assistance from the document.
Muthoot Finance Ltd: key numbers
- Share price
- ₹2,408.60
- Market cap
- ₹96,698 Cr
- Revenue (annual)
- ₹31,209 Cr
- Net profit (annual)
- ₹10,590 Cr
- P/E (TTM)
- 8.5×Sector 19.8×
- Promoter holding
- 73.35%+0.00% QoQ
- FII holding
- 9.72%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Muthoot Finance Ltd
All →Muthoot Finance Debt & Borrowing
Muthoot Finance submitted its September 30, 2026 security cover statement for secured NCDs. The auditors certify the cover is adequate under the trust deeds.
Muthoot Finance Results Update
Muthoot Finance's consolidated profit after tax rose 39% year-on-year to ₹6,103 Crore for the half year. Consolidated loan AUM grew 42% to ₹2,09,317 Crore.
Muthoot Finance Q2 FY27 Results: Net Profit ₹3,278 Cr, Up 35.9% YoY
Muthoot Finance Ltd reported revenue from operations of ₹9,998 Cr (+37.3% YoY) and net profit of ₹3,278 Cr (+35.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹3,278 Cr · +35.9% YoY
Muthoot Finance Board Meeting Date
Muthoot Finance schedules a 31 October 2026 board meeting to consider September 2026 half-yearly results. Trading window closes from 1 October to 2 November 2026.
Muthoot Finance Other Announcement
Muthoot Finance Ltd has filed its routine quarterly shareholding pattern for the period ended September 30, 2026. This disclosure contains no material business event.
Muthoot Finance Debt & Borrowing
Muthoot Finance Limited announced the record dates for the redemption of three commercial paper issuances. The redemption process for these debt securities is scheduled for November 2026.