Muthoot Finance announced its Investor Presentation for the quarter ended December 31, 2025 (Q3 FY26), showcasing record performance across key metrics. Consolidated Loan AUM crossed a golden milestone, reaching ₹ 1.647 Trillion, marking a 48% YoY increase. Consolidated Profit After Tax (PAT) also achieved an all-time high for a 9-month period, surging 84% YoY to ₹ 7,209 Crores.
Q3 FY2026 Performance Highlights
Muthoot Finance reported an exceptional performance for the nine months ended December 31, 2025 (9M FY26), underscoring robust growth and profitability across the group.
Key Financial Milestones (9M FY26 vs 9M FY25)
- Highest Ever Consolidated Loan AUM: Increased by 48% YoY to ₹ 1,64,720 Crores.
- Highest Ever Consolidated PAT: Increased by 84% YoY to ₹ 7,209 Crores.
- Highest Ever Standalone Loan AUM: Increased by 51% YoY to ₹ 1,47,552 Crores.
- Highest Ever Gold Loan AUM: Increased by 50% YoY to ₹ 1,39,658 Crores.
- Highest Ever Standalone PAT: Increased by 91% YoY to ₹ 7,048 Crores.
Customer and Operational Metrics
- Average Gold Loan AUM per Branch: Reached an all-time high of ₹ 28.10 Crores (up from ₹ 19.15 Crores as on Dec 31, 2024).
- Gold Loan Disbursement to New Customers: Grew 32% YoY to ₹ 20,737 Crores, reaching 13,13,710 customers.
- Gold Holding: The value of gold content in jewellery held as security reached 205 Tonnes, valued at ₹ 2,501 Billion as of December 31, 2025.
Group Snapshot and Composition
The consolidated figures reflect strong growth in the group’s principal business. For 9M FY2026, the Group Branch Network stood at 7,541, a 3% YoY increase.
Contribution to Consolidated Figures (9M FY2026)
| Metric | Muthoot Finance (%) | Subsidiaries (%) |
|---|---|---|
| Loan Assets Under Management | 88 | 12 |
| Profit After Tax | 96 | 4 |
Key Consolidated Figures (in millions)
| Particulars | 9M FY 2026 | 9M FY 2025 | YoY (%) |
|---|---|---|---|
| Consolidated Loan Assets Under Management* | 1,647,198 | 1,113,078 | 48 |
| Consolidated Profit after tax | 72,094 | 39,084 | 84 |
Capital Position and Ratios (As of Dec 31, 2025)
The company maintains a robust capital structure, well above regulatory thresholds.
- Capital Adequacy Ratio: Stood at 20.27%, with Tier-I capital at 19.52%.
- Capital Gearing: Increased to 3.40 from 2.75 as of Dec-24, indicating headroom for leveraging.
- Networth (Share Capital and Reserves & Surplus): Totalled ₹ 3,45,024 million.
- Market Capitalisation: Stood at ₹ 1,530,277 million as of December 31, 2025.
- Shareholding: Promoter & Promoter group maintained a 73.35% stake.
Subsidiary Performance Highlights
Muthoot Homefin (India) Limited (MHIL)
MHIL focuses on affordable housing finance for EWS/LIG segments in Tier II & III locations.
- Loan AUM grew 24% YoY to ₹ 3,380 Crores as of Dec 31, 2025.
- Total Revenue for 9M FY26 reached ₹ 3,390 million, with PAT of ₹ 193 million.
- Capital Adequacy Ratio remained strong at 29.89%.
Belstar Microfinance Limited (BML)
BML’s operations span 19 states and 2 UTs, focusing on microfinance services.
- Loan AUM stood at ₹ 79,106 million for 9M FY26.
- The company posted a Profit After Tax of ₹ 509 million for Q3 FY26, against a loss of ₹ 1,280 million in Q1 FY26.
- Stage III assets on Gross Loan Assets were 4.93% in Q3 FY26.
Muthoot Money Limited (MML)
MML, focused exclusively on Gold Loans, showed significant turnaround.
- Loan AUM grew dramatically by 168% YoY to ₹ 8,003 Crores.
- Achieved a profit turnaround, posting PAT of ₹ 203 Crores for 9M FY26, compared to a loss of ₹ 2 Crores in the previous year.
Asia Asset Finance PLC (Sri Lanka)
The Sri Lankan subsidiary showed strong growth in LKR terms.
- Loan AUM increased by 49% YoY to LKR 42,240 Crores.
- PAT for 9M FY26 stood at LKR 68 Crores, a 36% YoY increase.
Insurance and Asset Management
- Muthoot Insurance Brokers Private Limited (MIBPL): Premium Collection for 9M FY26 was ₹ 3,286 million.
- Muthoot Asset Management Private Limited: Networth grew to ₹ 1,339 million in Q3 FY26.
Source: BSE
