Arthneeti

Muthoot Finance Q1 FY27 Share Price & Earnings Call Analysis

₹2,392.70-0.61% today
Market cap
₹96,051 Cr
P/E
8.45
ROE
30.92%
PEG
0.19
Price to sales
2.87
Debt to equity
4.02
52W high / low
₹4,150 / ₹2,332
Sales growth (5Y)
22.03%
EBITDA margin
82.53%
Net profit margin
33.99%
Promoter holding
73.35%
Sales (last year)
₹33,431 Cr

Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India[1]

Guidance scorecard · Q1 FY27 call

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

#45of 59 in
Finance
Revenue10–20%MarginsFlatCapexPlannedFundraisingWhat management saidOrder bookRising

RevenueQ1 FY27 call

10–20%
  • Muthoot Finance targets a 15% growth in Assets Under Management (AUM) from March 2026 onwards, aiming for approximately INR 210,000 crores consolidated.
  • The company focuses on loan growth over profit guidance, expecting profits to follow the asset growth.
  • Branch expansion plans include opening 500 to 600 new branches group-wide in the current year, supporting customer acquisition and volume growth.
  • Despite competitive intensity, Muthoot Finance has demonstrated growth; Q1 saw about 6% growth (~INR 9,000 crores).
  • The management expects stable yield around 18% to 18.5%, underpinning steady revenue generation.

2 more points from Muthoot Finance Ltd's call on revenue

Create a free account to keep reading this call

Full Q1 FY27 analysis

MarginsQ1 FY27 call

Flat

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

Full Q1 FY27 analysis

CapexQ1 FY27 call

Planned
  • Gold loan yield fluctuations and competitive intensity in lending rates.
  • Loan growth targets and yield expectations.
  • Branch expansion plans: around 500-600 new branches to be opened in the group this year.

2 more points from Muthoot Finance Ltd's call on capex

Create a free account to keep reading this call

Full Q1 FY27 analysis

FundraisingQ1 FY27 call

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

Full Q1 FY27 analysis

Order bookQ1 FY27 call

Rising

Ask what Muthoot Finance Ltd said on the order book →

Full Q1 FY27 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 Finance Ltd rank?

Portfolio builder

Build your portfolio
from the top-ranked stocks

  1. 1. Pick 3–15 stocks
  2. 2. Choose large, mid or small cap and your sectors
  3. 3. Get a portfolio built from the rankings
Build my portfolio

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₹1.43L Cr83.4
540%+Flat₹23,820 Cr21.1
640%+Flat₹16,498 Cr72.4

Sign up free to see every company in the sector ranking and track Muthoot Finance Ltd.

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

Financials of Muthoot Finance Ltd

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

Financials of Muthoot Finance Ltd

Quarterly Results

Quarter-by-quarter operating performance

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue +3,2753,4723,6063,8204,1644,4744,9295,1905,6226,4507,2838,1889,289
Interest1,0911,2361,3351,4121,4471,5951,8071,9002,1112,3552,5712,9193,155
Expenses +8298478058721,1211,2261,3241,4051,5491,4411,4801,4261,528
Financing Profit1,3551,3891,4671,5361,5961,6531,7981,8851,9612,6543,2323,8434,606
Financing Margin %41%40%41%40%38%37%36%36%35%41%44%47%50%
Other Income +233726231619293263550203
Depreciation23192224272625313535384024
Profit before tax1,3551,4071,4701,5341,5851,6461,8021,8861,9322,6543,2443,8224,584
Tax %26%26%26%25%25%27%27%26%25%26%26%26%26%
Net Profit +1,0091,0451,0951,1451,1821,1961,3211,3921,4441,9742,4122,8233,397
EPS in Rs24.2525.4626.3927.4928.3728.9931.6734.6036.8150.2260.2969.8483.43
Gross NPA %
Net NPA %

Financials of Muthoot Finance Ltd

Profit & Loss

Annual income statement trend

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue +4,3364,9365,9356,7147,5949,68411,53512,18611,89815,06220,21431,209
Interest2,1142,2882,3742,1322,5433,1804,1094,2684,2255,4527,46111,000
Expenses +1,1101,2681,5541,6561,7472,2072,2592,4902,7473,6225,4815,822
Financing Profit1,1121,3812,0072,9273,3054,2985,1675,4284,9265,9887,27214,388
Financing Margin %26%28%34%44%44%44%45%45%41%40%36%46%
Other Income +1536762232527510111054
Depreciation84595252525967707892116137
Profit before tax1,0291,3271,9592,9423,2604,2605,1315,4104,9235,9967,26614,305
Tax %35%38%38%37%35%26%26%25%25%26%26%26%
Net Profit +6728181,2001,8442,1033,1693,8194,0313,6704,4685,35210,607
EPS in Rs16.8620.4130.0345.7451.8678.2594.83100.0889.98107.71132.84263.79
Dividend Payout %36%29%20%22%23%19%21%20%24%22%20%11%

Financials of Muthoot Finance Ltd

Balance Sheet

Capital structure and asset base

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital398399399400401401401401401401401401
Reserves4,6865,2236,1397,4579,53111,42815,17418,38421,26424,70628,96538,729
Borrowing19,62118,85422,17723,89130,12840,95250,41454,56955,80468,12599,383151,806
Other Liabilities +2,2922,9183,4691,9251,6752,0852,6382,9462,6643,2214,0854,817
Total Liabilities26,99627,39532,18433,67241,73454,86768,62776,30080,13496,453132,835195,754
Fixed Assets +269235257251259314327342386482682721
CWIP7111062329395267891310
Investments2049971772116308095235467122,401550
Other Assets +26,70027,10031,82033,23741,24153,89467,45375,38279,13595,170129,739194,472
Total Assets26,99627,39532,18433,67241,73454,86768,62776,30080,13496,453132,835195,754

Financials of Muthoot Finance 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 +-479108-2,186-1,432-4,824-4,970-7,814-1,596-2,804-13,605-26,525-47,393
Cash from Investing Activity +21-43-177-126-162-3853741018048-1,3752,458
Cash from Financing Activity +249-1,1023,0278246,3519,1939,7123,44539511,80930,04149,320
Net Cash Flow-209-1,036664-7341,3643,8381,9352,260-2,229-1,7492,1424,385
Free Cash Flow-50380-2,240-1,467-4,901-5,062-7,904-1,691-2,944-13,826-26,740-47,543
CFO/OP-4%13%-30%-8%-62%-52%-70%-2%-16%-105%-168%-172%

Financials of Muthoot Finance Ltd

Ratios

Working capital efficiency and return ratios

Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %13%15%20%25%23%29%28%23%18%18%20%31%

Guidance history

How Muthoot Finance Ltd's guidance has moved, call by call

CallRevenueMarginsCapexFundraisingOrder book
Q1 FY27 call →10–20%FlatPlanned—Rising
Q4 FY26 call →10–20%FlatPlanned——
Q3 FY26 call →20–40%FlatPlanned——
Q2 FY26 call →20–40%Flat——Rising

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

9out of 100

Momentum score · price trend

9 out of 100 — Cooling

Over the past year its share price has done worse than most of the stocks we track.

PeriodShare price changeBetter than … of 1,910 stocks
Last 12 months−24.8%30%
Last 6 months−30.9%8%
Last 3 months−20.7%16%

The price is 41.5% below its all-time high of ₹4,091.7 (29 Jan 2026). Stocks more than 20% below their peak have their score halved, so 19 became 9.

How we calculate it

“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).

The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Muthoot Finance Ltd: 0.4 × 30 + 0.4 × 8 + 0.2 × 16 = 19, halved to 9 because the price is more than 20% below its all-time high.

Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.

Full methodology →

This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.

Continue your research

What Muthoot Finance Ltd's management said in earlier quarters

Others in Finance this season

Compare:vs Bajaj Financevs Bajaj Finservvs Shriram Finance Ltd