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Muthoot Capital Services Q1 FY27 Share Price & Earnings Call Analysis

₹188.41+0.00% today
Market cap
₹310 Cr
P/E
12.34
ROE
1.86%
PEG
-0.25
Price to sales
0.51
Debt to equity
4.94
52W high / low
₹288 / ₹179
Sales growth (5Y)
4.37%
EBITDA margin
54.66%
Net profit margin
1.98%
Promoter holding
63.33%
Sales (last year)
₹631 Cr

The company is deposit-taking NBFC & part of Muthoot Group. The group has established a strong reputation and brand in India, particularly in South India. The promoters have more than 30 years of experience in the lending business. The company started its business in 2-wheeler financing in 1998 and since then expanded into financing used cars, consumer durables, and small-ticket business loans. [1]

Guidance scorecard · Q1 FY27 call

What Muthoot Capital Services Ltd's management guided
and where it ranks in Finance

Revenue20–40%MarginsUp 0–2%CapexPlannedFundraisingPlannedOrder bookRising

RevenueQ4 FY26 call

20–40%
  • Confident about reaching INR 10,000 crores AUM by FY 2028-29, indicating strong long-term growth targets.
  • Expecting to cross around INR 4,000-4,500 crores AUM in the current financial year (FY 2026-27).
  • Calibrated geographical expansion focusing on deepening presence in existing markets rather than entering new geographies this year.
  • Growth driven primarily by 2-wheeler loans, supported by expansion in 4-wheeler and commercial vehicle verticals.
  • Digital and AI investments aimed at improving underwriting, collections, and operational efficiencies to support scale.
  • Prioritize balanced growth with risk discipline, cautious on new onboarding amid macroeconomic uncertainties.

2 more points from Muthoot Capital Services Ltd's call on revenue

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Full Q4 FY26 analysis

MarginsQ4 FY26 call

Up 0–2%

See what Muthoot Capital Services Ltd said on margins — free account, 30 seconds.

Full Q4 FY26 analysis

CapexQ4 FY26 call

Planned
  • Significant investments have been made in digital transformation, including automation of collections, digitization, AI-led initiatives, and governance enhancements.
  • The company has initiated multiple AI-driven interventions such as AI-based ticket segregation, speech and voice analytics, smart debt collection, AI-assisted collection monitoring, and data-driven underwriting and risk assessment.
  • Investments include building a data lake, business rule engine, workflow automation, and AI-led process enhancements as part of a strategic shift to become a digital and AI-driven organization.
  • In-house development of technology for name match, face match, address match, and geodistance monitoring replaced costly API calls, saving INR 3-4 crores annually.

2 more points from Muthoot Capital Services Ltd's call on capex

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Full Q4 FY26 analysis

FundraisingQ4 FY26 call

Planned

See what Muthoot Capital Services Ltd said on fundraising — free account, 30 seconds.

Full Q4 FY26 analysis

Order bookQ4 FY26 call

Rising

Ask what Muthoot Capital Services Ltd said on the order book →

Full Q4 FY26 analysis
Full Finance ranking

Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.

Potential multibaggers · Q2 FY27

Potential multibaggers in Finance
on management's own guidance

  1. Strong growth
    2
  2. Strong growth
    1
  3. Strong growth
    3
See all potential multibaggersWhere does Muthoot Capital Services Ltd rank?

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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.

Peers

Finance companies ranked on guidance

#CompanyRevenue guidedMargin guidedMarket capP/E
140%+Up 2%+₹2,742 Cr71.8
240%+Up 2%+₹464 Cr23.9
340%+Up 0–2%₹961 Cr32.7
440%+Flat₹23,820 Cr21.1
540%+Flat₹16,498 Cr72.4
640%+Flat₹15,549 Cr—

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Pro shows every company guiding 40%+ revenue growth →Full Finance ranking

Financials of Muthoot Capital Services Ltd

Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.

Financials of Muthoot Capital Services Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +115.06106.5398.1495.9597.98100.00108.65125.68137.31145.31153.55155.08166.60
Interest42.6544.1841.1839.7842.4343.7050.7261.5167.6375.0981.3981.1677.58
Expenses +35.2038.0142.5943.3540.7341.1536.5146.2663.8377.3869.1168.1478.05
Financing Profit37.2124.3414.3712.8214.8215.1521.4217.915.85-7.163.055.7810.97
Financing Margin %32.34%22.85%14.64%13.36%15.13%15.15%19.71%14.25%4.26%-4.93%1.99%3.73%6.58%
Other Income +0.060.0897.790.790.200.181.140.463.062.181.875.860.38
Depreciation0.210.150.170.210.330.820.941.081.931.191.211.333.60
Profit before tax37.0624.27111.9913.4014.6914.5121.6217.296.98-6.173.7110.317.75
Tax %29.98%26.86%25.69%25.30%20.42%25.57%26.09%27.41%7.88%-24.31%23.99%25.90%30.84%
Net Profit +25.9617.7583.2110.0111.6810.8015.9712.566.42-4.672.837.655.37
EPS in Rs15.7810.7950.596.097.106.579.717.643.90-2.841.724.653.26
Gross NPA %20.55%21.08%11.67%10.69%10.17%9.84%4.80%4.73%4.88%5.76%6.46%6.44%6.96%
Net NPA %2.58%2.57%3.88%3.55%3.40%3.41%1.62%2.22%2.30%2.70%3.07%3.64%4.12%

Financials of Muthoot Capital Services Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue +191228284398518586504411443399474621
Interest7798125167238303248209227218258315
Expenses +7994112148147188186417107157153293
Financing Profit353647831349570-215109246213
Financing Margin %18%16%17%21%26%16%14%-52%25%6%13%2%
Other Income +100000100141310
Depreciation111112111157
Profit before tax343546821339370-2161091646016
Tax %35%36%35%35%35%35%26%-25%28%25%24%28%
Net Profit +22233054866051-162791234611
EPS in Rs16.2716.6821.9632.6452.3536.7731.29-98.4647.8474.5827.826.79
Dividend Payout %28%30%0%0%0%0%0%0%0%0%0%0%

Financials of Muthoot Capital Services Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital121212161616161616161616
Reserves121135166377431491543395473595642654
Borrowing7008789911,4412,1262,3511,9451,6251,8911,6602,8553,314
Other Liabilities +43471091436755566355427271
Total Liabilities8761,0721,2781,9782,6402,9132,5602,0992,4352,3143,5854,056
Fixed Assets +2222243226108
CWIP000000000000
Investments141415182016162746107112129
Other Assets +8601,0571,2611,9572,6182,8932,5402,0692,3882,2013,4633,918
Total Assets8761,0721,2781,9782,6402,9132,5602,0992,4352,3143,5854,056

Financials of Muthoot Capital Services Ltd

Cash Flows

Operating, investing and financing cash movement

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity +-129-166-99-614-5012467073-46-7-1,096-375
Cash from Investing Activity +-60-2-3021-9-17-63-8-24
Cash from Financing Activity +130165107619529229-416-311272-2511,220467
Net Cash Flow-5-06229255255-248209-32111668
Free Cash Flow-129-167-100-615-5012166973-47-12-1,102-381
CFO/OP-104%-111%-48%-233%-119%16%215%-1,635%-5%8%-337%-110%

Financials of Muthoot Capital Services Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %18%16%18%19%20%13%10%-33%17%9%7%2%

Guidance history

How Muthoot Capital Services Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q4 FY26 call →20–40%Up 0–2%PlannedPlannedRising
Q3 FY26 call →10–20%Up 0–2%PlannedPlanned—
Q2 FY26 call →20–40%Up 0–2%PlannedPlanned—

What management guided on each call, newest first. Not investment advice, and not a forecast of returns.

Continue your research

What Muthoot Capital Services Ltd's management said in earlier quarters

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