MUFIN · Mufin Green Finance Ltd · Misc. Financial Services
MUFIN · Mufin Green Finance Ltd · Misc. Financial Services
As of 05 Nov close
52-week range
1.1% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹77 Cr
Revenue YoY
PAT YoY
+302.6%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
4.6
P/S (TTM)
11.1
Sector P/E
25.4
Dividend yield
0.0%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| MUFIN (this stock) | 64.9 | 4.6 | +15.7% | +6.6% | 2.43 | 0.0% |
| Altius Telecom Infrastructure Trust | 46.7 | 4.5 | +4.6% | +8.3% | 416.28 | +9.3% |
| REC | 6 | 1 | +27.1% | +18.9% | 6.05 | +5.8% |
| National Highways Infra Trust | 47.7 | 1.5 | +16.0% | +3.0% | 104.25 | +6.7% |
Promoter
stable
FII
rising 3q
MF
1.67%
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
| canonicalSymbol | date | buy quantity | buyer count | deal strength | deal types present |
|---|---|---|---|---|---|
| MUFIN | 2026-11-02 | 833803 | 1 | STRONG | BULK |
| MUFIN | 2026-10-29 | 1120000 | 1 | MEDIUM | BULK |
| MUFIN | 2026-05-12 | 0 | 0 | STRONG | BULK |
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: In the Q1 FY27 earnings conference call, Mufin Green Finance Limited's Managing Director, Mr. Kapil Garg, highlighted significant growth in the company's financial performance compared to the previous quarter. The company reported a reduction in the cost of borrowing from 13.80% in Q1 FY26 to 11.17% in Q1 FY27, a decrease of 263 basis points, which is expected to improve profitability. Total borrowings increased to ₹1,551 crore from ₹771 crore in the same quarter of the previous year. The company has diversified its product offerings, including innovative tech-based products like Mediclaim Financing, which has a nearly NPA-free portfolio of ₹677 crore. Additionally, the company has seen an improvement in credit ratings, with discussions ongoing for an upgrade to an 'A' rating. Operational efficiencies have been achieved through a reduction in employee count from 499 in Q1 FY26 to 367 currently, with a target of 300 by the end of the year. The company also mentioned the launch of Salary Saathi, a fully digital lending solution with minimal delinquency. Delinquency rates have decreased, with Gross NPA at 1.91% and Net NPA showing similar improvements. The company expects continued growth in AUM and further improvements in financial metrics in future quarters.
The tone is positive as the document emphasizes growth in financial performance, reduced borrowing costs, improved credit ratings, and successful product diversification.
Sourced from an exchange-filed transcript, dated 26 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Mufin Green Finance Limited (MGFL) provided an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026. The company reported a total Assets Under Management (AUM) of ₹1,599.23 crore, with a significant year-on-year growth of 69.4%. Disbursements for the quarter reached ₹449.40 crore, reflecting a 37.3% increase compared to the previous year. The Mediclaim Financing vertical showed strong performance, with disbursements of ₹247.08 crore, up 56.2% year-on-year. The company also highlighted its expansion in the Salary Saathi program, achieving a total disbursement of ₹38.20 crore, a 38.4% increase quarter-on-quarter. MGFL maintained a Gross Non-Performing Asset (NPA) ratio of 1.91% and reported a profit before tax of ₹18.82 crore, a substantial increase of 345.6% year-on-year. The presentation emphasized MGFL's commitment to financing India's green transition and its digital, branch-light operational model.
The presentation highlighted strong growth metrics and positive financial performance.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Mufin Green Finance Limited (MGFL) provided an investor presentation detailing its unaudited financial results for the quarter ended June 30, 2026. The company reported a total Assets Under Management (AUM) of ₹1,599.23 crore, with a significant portion attributed to Mediclaim Financing, which saw a year-on-year disbursement increase of 56.2% to ₹247.08 crore. The presentation highlighted a profit before tax (PBT) of ₹18.82 crore, marking a 345.6% increase compared to the previous year. The company also noted a gross non-performing asset (NPA) ratio of 1.91%. MGFL operates through four lending verticals, with a focus on climate and mediclaim financing, and has established partnerships with multiple insurers. The document emphasized the company's growth strategy and operational efficiency, including a reduction in headcount while increasing disbursement per employee.
The presentation highlighted strong growth metrics and operational efficiency.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the Q4 FY2025-26 earnings conference call, management highlighted significant growth in assets under management (AUM), which reached ₹1,541.17 crore, an 83.8% increase year-over-year. Disbursements for Q4 FY2025-26 were ₹699.91 crore, marking a 163.7% growth compared to the previous year. The company reported a profit before tax of ₹14.83 crore for Q4 FY2025-26, up 207.7% from the same quarter last year. Management introduced new tech-based products, including Mediclaim Insurance Premium Financing, which has become a major segment with an AUM of ₹607.88 crore. They also discussed plans to reduce headcount to improve profitability and operational efficiency. Management set a goal of achieving ₹2,500 crore in AUM and ₹80 to 90 crore in profit after tax for FY2026-27, emphasizing a focus on high-yield segments. The company reported improvements in asset quality, with gross NPA decreasing to 1.94%.
Management emphasized strong growth and profitability improvements.
Sourced from an exchange-filed transcript, dated 04 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Mufin Green Finance Limited submitted an investor presentation detailing its audited financial results for the quarter and year ended March 31, 2026. The presentation highlighted that the company achieved an Asset Under Management (AUM) of ₹1,541.17 crores, reflecting an 83.8% year-over-year increase. Total disbursements for the year reached ₹1,767.59 crores, up 163.7% from the previous year. Interest income rose by 58.7% to ₹63.81 crores in Q4 FY26. The company reported a profit after tax of ₹11.03 crores for Q4 FY26, a significant increase of 183.5% compared to the same quarter last year. The gross non-performing asset (NPA) ratio improved to 1.94%, down from 2.50% in the previous year. Mufin Green Finance is positioned as a key player in financing India's green transition, focusing on sectors such as electric vehicles and mediclaim financing.
The presentation emphasized strong financial growth and improving asset quality.
Sourced from an exchange-filed presentation, dated 25 May 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedMufin Green Finance Limited (MUFIN) reported strong financial performance in FY2025-26, with revenue growth of 30.64% and a 39.35% increase in profit after tax. The company emphasized its technology-driven approach, diversification into four lending verticals, and improved asset quality with a decline in non-performing assets. Management highlighted the importance of disciplined underwriting, digital processes, and strategic partnerships in achieving growth while maintaining financial resilience. The report also outlined the company's commitment to corporate social responsibility and robust governance practices.
- Technology-driven lending model with AI-enabled underwriting and automated processes to enhance efficiency and asset quality
- Diversification into four distinct lending verticals, including Mediclaim premium financing, EV/solar financing, corporate loans, and government employee salary-linked loans
- Focus on disciplined underwriting, improved collection processes, and secured lending to maintain strong capital position and asset quality
- Commitment to corporate social responsibility initiatives in education, women empowerment, senior citizen welfare, and animal care
- Robust corporate governance with an independent board, audit committee oversight, and compliance with regulatory requirements
Key takeaway: Mufin Green Finance's strategic focus on technology-driven, diversified lending with disciplined underwriting and strong governance practices has enabled significant growth while maintaining asset quality and financial resilience.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (2 items); Default / Covenant Breach (2 items); Investigation or enforcement mention (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceRecent (last 12 months)
The statutory auditors of the company resigned during the year, and the auditor considered the issues raised by the outgoing auditors.
Regulatory Action
2 occurrencesRecent (last 12 months)
BSE imposed a fine of ₹2,90,000 on the company for delay in submission of the certificate to the Stock Exchange during the Financial Year 2025–26.
Earlier (1-3 years ago)
BSE imposed a fine of Rs. 20,000 for non-compliance with Regulation 295(1) of ICDR Regulations due to a one-day delay in implementing a bonus issue.
Default / Covenant Breach
2 occurrencesEarlier (1-3 years ago)
As of March 31, 2025, the company has a total overdue amount of Rs.1,346.78 lakhs for loans or advances given, which is more than 90 days overdue.
Mufin Green Finance Limited has total overdue amounts of Rs.664.47 lakhs for more than 90 days as of March 31, 2024, related to loans or advances given by the company.
Investigation or enforcement mention
1 occurrenceEarlier (1-3 years ago)
The company has terminated lease agreements with Gensol Engineering Limited, Gensol EV Lease Private Limited, and Blu Smart Charge Private Limited due to irregularities noticed by SEBI and other authorities. The companies have liabilities of Rs. 912.83 lakhs, Rs. 786.99 lakhs, and Rs. 697.37 lakhs respectively as of March 31, 2025.
Routine disclosures
Related-Party Transaction
3 occurrencesRecent (last 12 months)
The company is considering and approving material related party transactions with Hindon Mercantile Limited.
Earlier (1-3 years ago)
The company is considering and approving a material related party transaction with Hindon Mercantile Limited, which requires prior approval from the Audit Committee and a resolution by members of the public listed company.
The company approved a material related party transaction with Mufin Green Leasing Private Limited.