AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Allotment 8 Sep - Allotted 2.5 lakh NCDs worth ₹250 crore on 8 September 2026 at 9.25% for 24 months.
Source: Bse
Muthoot Microfin Limited (MUTHOOTMF)
Small CapFinancial Services stocks · Small cap · NSE
Muthoot Microfin Limited operates in Microfinance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
₹161.67
-6.12 · -3.65%
Market cap ₹3,004 Cr
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result16 Aug, 01:14 am IST
Score22 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags03 May 2026
Coverage12/14 · 86%
Valuation2026-07-20 · Rf 6.8% · Financial Services P/E 17.0 (n=243)
Technical timing lens
Trend score and candlestick chart
41NeutralSMA20 -12.3% / mo · RSI oversold · MACD + · near 52W low
Stock trend: 38
Sector RS: 45
Sector 3M: -5.7% vs Nifty 500 -5.6%
Financial Services FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MUTHOOTMFD candles · FIT view-12.4%Latest close ₹161.67 on 2026-10-21
Bar
-4.6%
RSI
28
MACD hist
0.31
52W pos
17%
2026-10-21O ₹169.54H ₹169.54L ₹160.50C ₹161.67Vol 2.0L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MUTHOOTMFNifty Financial ServicesNifty 500
- MUTHOOTMF
- -36.4%
- Nifty 500
- -6.5%
- Nifty Financial Services
- -6.9%
- Vs Nifty 500
- -29.9 pp
Chart stats
21 Oct 2026- From 52W high
- -38.5%
- 52W range position
- 17%
- ATR (14)
- 4.5%
- Volume vs 20D
- 1.15x
- Avg traded value
- ₹3.1 Cr
- 20D price channel
- ₹160.5 - ₹194.4
₹262.8
₹141.2 - ₹262.8
₹7.2
Latest completed session
20-session average
30.5% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Verify management risk first
Do not let cheap valuation override weak Trust or governance evidence.
U-Score
Legacy · WATCHLIST43
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent85
Revenue +19.7% · PAT +1250.0% YoY
Technical
Neutral41
Price trend and sector-relative-strength timing.
Valuation
Legacy model+56.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence48
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 85/100Rev +20% YoY · PAT +1250% YoY · +6% QoQ · operating leverage
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹669 Cr | +19.7% | +5.8% |
| EBITDA | NDF | NDF | NDF |
| Operating margin | NDF | NDF | NDF |
| PAT | ₹81 Cr | +1250.0% | +14.1% |
| PAT margin | 12.1% | +1104 bps | +88 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 12.20
- P/B
- 1.05
- EV/EBITDA
- 295.60
- Market Cap
- 3004.00Cr
Profitability
- ROE
- 6.22%
- ROCE
- 9.31%
- ROA
- 1.93%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 28.00%
- EPS 5Y
- 89.00%
- Revenue 3Y
- 18.00%
- EPS 3Y
- 1.00%
Balance Sheet
- Debt/Equity
- 3.40
- Interest Coverage
- —
- Altman Z
- 0.56
- Book Value
- 167.00
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- -580.00 Cr
- EPS TTM
- 14.39
Shareholding
- Promoter Hold
- 55.47%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 29%
Financial History
Updated 22/10/2026
Revenue
₹ CrLatest: 669+5.9% vs prev
Net Profit
₹ CrLatest: 81.0+14.1% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 28. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~14.0% over last month) — short-term momentum negative.
- RSI(14) at 28 — oversold zone; bounce conditions.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 38% off 52W high · 14% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
44
RS percentile
Stage 1 Base / Transition
1M return
-14.3%
3M return
-36.4%
6M return
-14.5%
1Y return
-5.1%
RS 1D
-3
RS 20D
-20
Sector rank
#10
Industry rank
#42
Stage evidence
- Price is 17.4% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +1.1% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
weakening
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 102.6-2.75%
RS vs Nifty 500103
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Valuation & peers
U-Score 43 · legacy U-Score band WATCHLIST · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · WATCHLISTValuation23/30
Growth18/25
Quality0/20
Balance Sheet0/15
Cash Flow1/10
Piotroski
3/9 (+1)
Penalties
0
Raw sum
43
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
43/100 · legacy band WATCHLIST
Positive drivers
- Fair-value margin of safety is positive at 56.0%.
- Valuation contributes 23/30 to the score.
- Growth contributes 18/25 to the score.
Main drags
- Altman Z is 0.6, in distress territory.
- Quality is weaker at 0/20; verify the latest quarterly trend.
- Balance sheet is weaker at 0/15; verify the latest quarterly trend.
Sector valuation model
NBFC valuation: P/B, ROA, borrowing cost, and asset quality
Lenders can look optically cheap before credit losses emerge, so valuation is tied to book quality.
Primary lens
P/B adjusted for ROA/ROE and leverage quality.
Secondary checks
AUM growth, spreads, credit cost, liquidity and ALM risk.
Main risk check
Fast growth with weak asset quality deserves a discount.
PE
12.2
PB
1.1
EV/EBITDA
295.6
ROE
6.2%
ROCE
9.3%
FCF Yield
—
Debt/Equity
3.4
MoS
+56.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 22 Oct 2026
v4.3-runtime-valuation
Final score
43
Previous: 43
Legacy U-Score band
WATCHLIST
Previous: WATCHLIST
Margin of safety
+56.0%
Previous: +56.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
22 Oct 2026
v4.3-runtime-valuation
43
43
43
43
42
42
42
42
42
43
43
43
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹232.53
+30.5% MoS
Growth-justified P/E
25.5
Growth-justified Value
₹366.95
+56.0% MoS
PEG
0.23
Comparable companies
Peers
Business-comparable peers in Financial Services — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SATIN
Small
Satin Creditcare Network Limited
NBFC / Capital Markets / Insurance
match 157
55
5.8
12.3%
+76%
FAIR VALUE
SPANDANA
Small
Spandana Sphoorty Financial Limited
NBFC / Capital Markets / Insurance
match 154
13
—
-29.4%
—
OVERVALUED
MUFIN
Small
Mufin Green Finance Limited
NBFC / Capital Markets / Insurance
match 128
15
69.2
6.7%
-165%
OVERVALUED
REPCOHOME
Small
Repco Home Finance Limited
NBFC / Capital Markets / Insurance
match 128
51
4.3
12.4%
+86%
FAIR VALUE
PFS
Small
PTC India Financial Services Limited
NBFC / Capital Markets / Insurance
match 127
60
8.1
11.0%
+72%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Muthoot Microfin Limited operates in Microfinance, within the Financial Services sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
48Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 5th percentile of the scored universe and 7th percentile within Financial Services. Main check: balance sheet trust is weak at 22/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
60 docs text-extracted · 20 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
5th percentile
overall median 67 · Financial Services: 7th pctile, median 62 · Small: 6th pctile, median 66
Evidence depth
Financial-only
60 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Needs extra due diligence; demand valuation comfort and recent improvement.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
22
weak · leverage and solvency
Discipline
52
watch · capital discipline
Results
41
weak · quarterly consistency
Trust positives
- ▸Promoter holding is 55.5%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-580 Cr.
- ▸Debt/equity is 3.40.
- ▸Altman Z is 0.60.
- ▸2 latest quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Muthoot Microfin Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
AnnouncementSep 2026
Sep 2026 · Announcement under Regulation 30 (LODR)-Meeting Updates 28 Aug - Approved issue of up to ₹250 crore NCDs at 9.25% for 24 months, allotment September 8, 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 15 Sep - Muthoot Microfin raised ₹250 crore via 2,50,000 secured NCDs at 9.25% for 24 months.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 8 Sep - Intimation of Company participation in the Investor Meeting
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Issue of Securities 28 Aug - Muthoot Microfin approved ₹250 crore NCD issue at 9.25% for 24 months.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 17 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Jul
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 15 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Change in Management 30 Jun - Hannah Muthoot appointed Additional Director; John Tyler Day retires, and Deloitte/PwC named internal auditors for FY27.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 9 Jun - CRISIL upgraded Muthoot Microfin’s long-term rating to AA-/Stable; CP reaffirmed at A1+.
Source: Bse
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 9 Jun - CRISIL upgraded Muthoot Microfin’s long-term rating to AA-/Stable on Rs10,000 crore facilities and NCDs; CP reaffirmed A1+.
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.