Mufin Green Finance Ltd
- Market Cap ₹ 2,685 Cr.
- Current Price ₹ 136
- High / Low ₹ 144 / 84.8
- Stock P/E 70.3
- Book Value ₹ 29.0
- Dividend Yield 0.00 %
- ROCE 10.7 %
- ROE 6.69 %
- Face Value ₹ 1.00
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 4.65 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.40% over last 3 years.
- Promoter holding has decreased over last 3 years: -10.9%
- Working capital days have increased from 30.5 days to 108 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Non Banking Financial Company (NBFC)
Part of BSE Financial Services
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 0 | 3 | 2 | 23 | 15 | 34 | 98 | 162 | 211 | 246 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 6 | 45 | 90 | 120 | 136 |
| 0 | 0 | 0 | 8 | -0 | 2 | 16 | 29 | 42 | 50 | 57 | |
| Financing Profit | 0 | 0 | 3 | -7 | 23 | 13 | 12 | 24 | 30 | 40 | 53 |
| Financing Margin % | 10% | 81% | 94% | -395% | 99% | 83% | 36% | 24% | 19% | 19% | 22% |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | 1 | |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 0 | 0 | 3 | -7 | 23 | 13 | 11 | 21 | 27 | 38 | 51 |
| Tax % | 0% | 23% | 14% | -9% | 12% | 14% | 25% | 24% | 26% | 26% | |
| 0 | 0 | 3 | -6 | 20 | 11 | 8 | 16 | 20 | 28 | 38 | |
| EPS in Rs | -0.47 | 1.53 | 0.84 | 0.54 | 0.99 | 1.24 | 1.43 | 2.02 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 56% |
| 3 Years: | 83% |
| TTM: | 43% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 7% |
| 3 Years: | 52% |
| TTM: | 93% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 90% |
| 3 Years: | 17% |
| 1 Year: | 54% |
| Return on Equity | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 8% |
| 3 Years: | 7% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 2 | 2 | 4 | 4 | 4 | 4 | 5 | 16 | 16 | 20 |
| Reserves | 0 | 0 | 73 | 67 | 86 | 97 | 149 | 228 | 254 | 555 |
| Borrowing | 0 | 0 | 0 | 10 | 0 | 0 | 226 | 640 | 704 | 1,398 |
| 0 | 0 | 1 | 0 | 2 | 1 | 16 | 41 | 47 | 55 | |
| Total Liabilities | 2 | 2 | 78 | 82 | 93 | 103 | 395 | 926 | 1,021 | 2,028 |
| 0 | 0 | 0 | 0 | 0 | 2 | 3 | 9 | 6 | 7 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 1 | 66 | 59 | 73 | 10 | 3 | 5 | 5 | 165 |
| 2 | 1 | 12 | 22 | 20 | 91 | 389 | 912 | 1,010 | 1,855 | |
| Total Assets | 2 | 2 | 78 | 82 | 93 | 103 | 395 | 926 | 1,021 | 2,028 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0 | -2 | 3 | -13 | 4 | -58 | -175 | -359 | -142 | -695 | |
| 0 | 0 | 0 | -1 | 6 | 67 | -85 | -57 | 90 | -173 | |
| 2 | 0 | 0 | 10 | -10 | -0 | 269 | 486 | 56 | 925 | |
| Net Cash Flow | 2 | -2 | 3 | -3 | -0 | 9 | 8 | 70 | 4 | 57 |
| Free Cash Flow | 0 | -2 | 3 | -13 | 4 | -60 | -175 | -361 | -143 | -699 |
| CFO/OP | 600% | -1,469% | 127% | 185% | 22% | -435% | -921% | -518% | -117% | -430% |
Ratios
Standalone / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 0% | 5% | 7% | -8% | 25% | 11% | 6% | 8% | 8% | 7% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Gross AUM (Asset Under Management) ₹ Crore |
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| Disbursements ₹ Crore |
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| Employee Strength Number |
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| Active Customers Number |
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| AUM Mix - EV & Solar Financing % of AUM |
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| AUM Mix - Mediclaim Financing % of AUM |
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Extracted by Screener AI
Documents
Announcements
-
Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Scrutinizer’s report and voting results for 10th AGM; all six resolutions passed on September 28, 2026.
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Closure of Trading Window
- Trading window closed from 1 October 2026 until 48 hours after Q2 FY2026 results.
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Shareholder Meeting / Postal Ballot-Outcome of AGM
- Mufin Green Finance held its 10th AGM on September 28, 2026; shareholders considered FY26 accounts and four material related-party transactions.
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Intimation Regarding Listing Of Foreign Currency Denominated Bonds On India International Exchange (IFSC) Ltd.
- India INX approved listing of USD 6 million 4.50% senior notes due 2029, effective 22 September 2026.
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Announcement under Regulation 30 (LODR)-Credit Rating
- CareEdge assigned B/Stable rating to Mufin Green Finance’s USD 10 million foreign currency bonds.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
Concalls
-
Aug 2026PPT
-
Jun 2026Transcript PPT REC
Business Overview
The company is engaged in financing climate-sustainable products. It provides loans for income generation through Electric Vehicles, Electric Charging Infrastructure, and Swappable Batteries under 2 models: [1]