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India
As of 18 Sept 2026, 03:30 pm
On September 8, 2026, Muthoot Finance completed the allotment of 3,29,30,464 ordinary voting shares in its subsidiary, Asia Asset Finance PLC. The company invested approximately ₹31.80 Crores (LKR 1,09,65,84,451) at LKR 33.30 per share. This increased Muthoot Finance's stake in the Sri Lankan entity to 72.92%, aimed at strengthening the subsidiary's capital structure with approvals from the Central Bank and Colombo Stock Exchange.
As of September 18, 2026, Muthoot Finance's stock has shown varied returns. It experienced a return of 3% in the last day and -3% over the last 10 days. Over longer periods, the return was -2% for the last month, -11% for the last three months, and -17% for the last six months. Year-to-date, the return was -26%, while since the start of trading, the stock has returned 28%.
As of September 18, 2026, technical indicators suggest a bearish trend on daily, weekly, and monthly timeframes, with the Supertrend indicator pointing to 'bearish' on daily and monthly charts. Key support levels are identified around ₹2816.73 and ₹2793.47, while resistance levels are noted near ₹2843.47 and ₹2975.95.
On September 9, 2026, Muthoot Finance submitted a Security Cover Certificate for the quarter ended June 30, 2026. The company reported a stable security cover ratio of 1.1 times on both market and book value bases. Assets valued at ₹1,55,486.44 crores (book value) and ₹1,55,490.13 crores (market value) were reported to secure total debt obligations of ₹1,41,710.66 crores.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price remains materially below a previous peak
Upward price movement of 2.78 standard deviations recorded on 2026-08-24.
Unusual market activity that may warrant review of the underlying price, volume, or news context.
Trading volume was unusually high, but the closing price did not show a clear directional move.
This indicates increased participation without a clear directional signal.
Trading activity was substantially higher than usual and the price closed lower.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Profit Before Tax | ₹3,797.13 crore | PEAK₹4,584.15 crore | ₹3,822.46 crore | ₹3,244.20 crore | ₹2,654.03 crore |
| Tax Expense | ₹972.29 crore | PEAK₹1,186.68 crore | ₹998.98 crore | ₹832.54 crore | ₹679.78 crore |
| Profit Loss For Period | ₹2,824.84 crore | PEAK₹3,397.48 crore | ₹2,823.48 crore | ₹2,411.66 crore | ₹1,974.25 crore |
| Interest Earned | ₹8,556.99 crore | PEAK₹9,008.67 crore | ₹7,982.94 crore | ₹7,091.30 crore | ₹6,288.01 crore |
| Revenue From Operations | ₹8,671.60 crore | PEAK₹9,288.71 crore | ₹8,187.60 crore | ₹7,282.79 crore | ₹6,450.13 crore |
| Finance Costs | PEAK₹3,458.39 crore | ₹3,154.78 crore | ₹2,918.72 crore | ₹2,571.22 crore | ₹2,354.91 crore |
Employee benefit expenses totaled ₹738 crore for the quarter. Other operating expenses amounted to ₹548 crore, a 19.0% sequential drop from ₹677 crore, though they remained 32.3% higher than the ₹414 crore posted in the first quarter of the prior fiscal year. The sequential decline partially offsets the elevated spending observed in the preceding quarter, which was the highest across the available five-quarter window.
Exchange disclosures and regulatory announcements for Muthoot Finance.
Muthoot Finance Limited confirmed the redemption of a commercial paper (ISIN INE414G14UU1) on its due date, September 11, 2026, with payment made the same day.
On September 9, 2026, Muthoot Finance Limited submitted a Security Cover Certificate to IDBI Trusteeship Services Limited for the quarter ended June 30, 2026, certifying that its security cover ratio remained stable at 1.1 times on both market and book value bases compared to the previous quarter. The certificate, issued by Chartered Accountant Hemant Vinayak Phatak of Shridhar and Associates, confirms that assets valued at Rs 1,55,486.44 crores (book value) and Rs 1,55,490.13 crores (market value) secure total debt obligations of Rs 1,41,710.66 crores. This filing complies with SEBI Listing Obligations and Disclosure Requirements Regulations 2015, specifically Regulation 54 read with Regulation 56(1)(d), following an independent evaluation of the company's unaudited financial results.
IDBI Trusteeship Services Limited has informed the exchange for Muthoot Finance Limited regarding Security Cover Certificate of ISIN INE414G07IG9 for Q1 for the FY 2026-2027 |SUBJECT: Security Cover Certificate
On September 08, 2026, Muthoot Finance Limited completed the allotment of 3,29,30,464 ordinary voting shares in its subsidiary Asia Asset Finance PLC following Board approval on August 01, 2026. The company subscribed to these shares at LKR 33.30 per share for a total cash consideration of approximately INR 31.80 Crores (LKR 1,09,65,84,451), increasing its stake in the Sri Lankan entity to 72.92%. This capital infusion was executed with necessary approvals from the Central Bank and Colombo Stock Exchange to strengthen the subsidiary's capital structure.
Muthoot Finance Limited confirmed the redemption of commercial paper with ISIN INE414G14UT3 on September 08, 2026. The payment for this instrument was executed on the same date, September 08, 2026. This notification was submitted to the National Stock Exchange of India by Company Secretary Rajesh Achutha Warrier on September 08, 2026.
Muthoot Finance Limited designated October 1, 2026, as the record date for annual interest payments on Non-Convertible Debentures (ISIN: INE414G07JR4), with the payment due on October 16, 2026. The notification, dated September 7, 2026, was issued by Company Secretary Rajesh A to the National Stock Exchange of India to facilitate investor dissemination.
Muthoot Finance Limited set September 19, 2026 as the record date for the annual interest payment on NCDs (ISIN INE414G07JJ1). The interest is due October 4, 2026, but will be paid on the next working day, October 5, 2026, because the original date is a holiday.
Recent market and company developments associated with Muthoot Finance.
Shares of Reliance Industries Limited, Hindustan Unilever, Tata Consumer, Hyundai Motor India, Muthoot Finance, etc emerged as top Nifty 100 gainers in the early hours of Wednesday’s trading session.
RBI monitors rapid gold loan growth but sees no immediate concern due to low GNPAs, LTVs, and safeguards, says Governor Sanjay Malhotra.
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The rapid growth in India's gold loan market is increasingly being driven by higher gold prices and repeat borrowing by existing customers rather than a significant rise in new borrowers or the amount of gold being pledged, according to a Motilal Oswal thematic report on the gold loan sector.
While gold has traditionally been a dormant store of value for Indian households, the current price upcycle is increasingly turning the asset into a source of liquidity through gold-backed loans.
Comprehensive Section Breakdown for Muthoot Finance
Strategic Vision: Provides gold financing and diverse financial services.
• Extensive network of branches across India
• Diversified financial service offerings beyond core gold loans
• Established partnerships with financial institutions and technology providers
Muthoot Finance Limited reported a sequential decline in first-quarter profit from its highest quarterly result in the available five-quarter window, though earnings remained substantially above the same period last year. Interest income grew solidly on a year-over-year basis, supported by a significant reduction in impairment charges. However, finance costs increased at a faster pace than interest income, offsetting some of the top-line gains. Operating expenses also rose compared to the prior year, contributing to a narrower sequential profit decline.
Interest earned, the primary revenue driver, totaled ₹8,557 crore for the quarter ended 30 June 2026. This represents a 5.0% decrease from the ₹9,009 crore recorded in the preceding quarter, but a 36.1% increase from the ₹6,288 crore reported in the first quarter of the prior fiscal year. Total revenue from operations followed a parallel trajectory, declining 6.6% sequentially to ₹8,672 crore while rising 34.4% year-over-year from ₹6,450 crore. Other income contributed ₹23 crore, a modest increase from the previous quarter’s ₹3 crore but below the ₹35 crore posted a year earlier.
Finance costs, representing the expense of borrowed funds, rose to ₹3,458 crore. This marks a 9.6% sequential increase from ₹3,155 crore and a 46.9% year-over-year jump from ₹2,355 crore. Because finance costs grew faster than interest income over both periods, the absolute gap between the two measures narrowed sequentially. Year-over-year, however, the difference between interest earned and finance costs still expanded, reaching ₹5,099 crore compared to ₹3,933 crore a year ago. Net interest income declined sequentially to ₹5,099 crore from ₹5,854 crore in the prior quarter, reflecting the combined effect of lower interest receipts and higher funding expenses.
Impairment charges on financial instruments fell to ₹121 crore, down 54.8% from the previous quarter’s ₹268 crore and 63.3% from the ₹331 crore reported a year earlier. This substantial reduction in credit costs provided meaningful support to bottom-line results. Profit before tax came in at ₹3,797 crore, a 17.2% sequential decline from the ₹4,584 crore recorded in the March quarter, yet a 43.1% increase year-over-year from ₹2,654 crore. After accounting for a tax expense of ₹972 crore, net profit settled at ₹2,825 crore. The effective tax rate held near 25.6%, consistent with historical levels. Earnings per share decreased to ₹69.72 from ₹83.43 in the prior quarter, remaining well above the ₹50.22 recorded a year ago.
Muthoot Finance’s first quarter of FY2026-27 reflects a pullback from the exceptional performance of the March quarter, driven primarily by lower interest income and higher funding costs. Despite the sequential softness, year-over-year profitability remains elevated, buoyed by strong interest income growth and a sharp reduction in impairment charges. The faster expansion of finance costs relative to interest income highlights a tightening cost of funds, which warrants continued monitoring alongside broader asset quality trends.
Category: Financial Services
Provides loans against the collateral of gold jewellery to individuals for short-term working capital needs.
Category: Financial Services
Offers a broad portfolio including money transfer, foreign exchange, insurance broking, home loans, personal loans, microfinance, and remittance services.
Category: Financial Services
Provides corporate loans, mortgage loans, factoring, business loans, and short-term loans, with operations extending to Sri Lanka.
Category: Manufacturing
Engages in operations related to windmill power generation.
Core Thesis: Strategic partnerships enhance service offerings, operational efficiency, and customer reach across diverse financial services.
• Strategic Financial Partnerships: Collaborates with banking and financial institutions for funding, liquidity management, and co-lending to expand service portfolios beyond gold loans. • Insurance Product Distribution: Partners with insurance providers to offer a comprehensive range of insurance products, including health, home, vehicle, life, and travel insurance. • Digital Transformation: Partners with digital solution providers to improve customer engagement and streamline operations through AI chatbots and omnichannel platforms. • Global Remittance Networks: Engages with global and domestic money transfer and foreign exchange networks to facilitate seamless remittance services.