| Metric | Value (₹ Cr) | vs Q4 FY25 |
|---|---|---|
| Revenue | 558.62 | 0.7% |
| Total Income | 559.06 | 0.5% |
| Expenditure | 553.30 | 48.7% |
| PBT | 5.76 | 101.1% |
| Net Profit | 6.18 | 101.5% |
| OPM | 40.47% | 92.72pp |
| NPM | 1.11% | 73.23pp |
| EPS | 0.37 | 98.4% |
Muthoot Microfin Q1 FY26: Robust Assets, Ready to Grow AUM, Enters Northeast India Sub.
11 Aug 2025 · 11 Aug 2025, 07:33 pm
Summary
Muthoot Microfin Limited, an NBFC-MFI, announced its unaudited financial performance for the first quarter of the financial year 2025-26. The company disbursed Rs. 1,775.6 crore, with GLP at Rs. 12,252.8 crore. The borrower base grew by 0.3% YoY to 34.1 lakhs. The company entered Northeast India and diversified its portfolio by foraying into secured lending products. CRISIL reaffirmed its rating on long term facilities/NCDs at ‘CRISIL A+/Stable’ and MFI Grading at ‘M1C1’. The CoF is at 10.79%, down from 11.02% a year ago. The credit cost is at 4.3% and PCR is at 68.5%.
Key Highlights
- 1
Q1 FY26 GLP stood at Rs. 12,252.8 crore
- 2
Company disbursed Rs. 1,775.6 crore
- 3
Borrower base grew by 0.3% YoY to 34.1 lakhs
- 4
Entered Northeast India with the launch of a new branch in Assam
- 5
Diversifying portfolio by foraying into secured lending products such as Gold Loans and Micro LAP
- 6
CRISIL reaffirms rating on long term facilities/NCDs at ‘CRISIL A+/Stable’ and MFI Grading at ‘M1C1’
- 7
CoF at 10.79%, down from 11.02% a year ago
- 8
Credit cost at 4.3%
- 9
PCR at 68.5%
Management Comments
Mr. Thomas Muthoot
While the microfinance sector continues to navigate a phase of moderated growth, we remain unwavering in our commitment to long-term value creation and sustainable impact. Over the past few quarters, we have focused on systematically strengthening our organisational foundation—implementing robust internal policies, streamlining critical processes, upgrading core technology systems, and significantly enhancing team capabilities across all levels.
Mr. Sadaf Sayeed
Q1 is traditionally a seasonally soft quarter for the microfinance industry in terms of disbursement growth. The quarter saw a heightened impact driven by ongoing sectoral challenges and the implementation of stricter MFIN guardrails, prompting the industry to shift its focus from aggressive expansion to internal consolidation.
Informational and educational content only. Not investment advice.