Mufin Green Finance Ltd
NSE: MUFIN BSE: 542774Banking
APM Finvest Limited was incorporated in May 2016, a Non-Banking Financial Company Non-Deposit Taking (NBFC-ND) registered with Reserve Bank of India and is carrying on the business of Investment into shares, stocks, securities, and providing loans of all kinds.[1] [2]
₹116
52W: ₹69 — ₹126
PE 95.6 · Book ₹18.4 · +530% vs bookMarket Cap₹2,015 Cr
Stock P/E95.6Price to Earnings
ROCE12.6%Return on Capital
ROE7.89%Return on Equity
Div. Yield0%Face Value ₹1
Strengths
- +Company has delivered good profit growth of 39.7% CAGR over last 5 years
Weaknesses
- −Stock is trading at 6.12 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -6.81%
- −Company has a low return on equity of 7.69% over last 3 years.
Shareholding Pattern
Promoters47.3%
FIIs1.18%
DIIs9.29%
Public42.22%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 54.51% | 54.51% | 54.35%▼0.2 | 54.31%▼0.0 | 54.2%▼0.1 | 54.2% | 54.11%▼0.1 | 47.3%▼6.8 |
| FIIs | 0.49% | 0.33%▼0.2 | 0.86%▲0.5 | 1.25%▲0.4 | 0.85%▼0.4 | 0.84%▼0.0 | 1.06%▲0.2 | 1.18%▲0.1 |
| DIIs | 13.09% | 13.09% | 12.54%▼0.6 | 12.53%▼0.0 | 11.85%▼0.7 | 11.9%▲0.1 | 8.39%▼3.5 | 9.29%▲0.9 |
| Public | 31.9% | 32.06%▲0.2 | 32.25%▲0.2 | 31.92%▼0.3 | 33.1%▲1.2 | 33.05%▼0.1 | 36.43%▲3.4 | 42.22%▲5.8 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 6.86 | 7.41 | 9.32 | 10.04 | 9.16 | 10.85 | 12.27 | 16.69 | 16.67 | 14.71 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 4.01 | 4.55 | 4.05 | 4.62 | 5.71 | 6.06 | 3.9 | 4.11 | 6.06 | 7.01 |
| EPS ₹ | 0.27 | 0.3 | 0.25 | 0.28 | 0.35 | 0.37 | 0.24 | 0.24 | 0.35 | 0.4 |
AI Insights
Revenue Trend
TTM revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 9.29% (-4.83pp change). FIIs: 1.18% (+1.18pp change). Promoters hold 47.3%.
Margin & Efficiency
ROCE improving from 0% (Mar 2017) to 0% (Mar 2025). Working capital days: 0.
Valuation
PE 95.6x with 12.6% ROCE. Price is 530% above book value of ₹18.4. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 13 May - Monitoring agency report for Q4 FY2025-26 shows no deviation in utilisation of ₹319.32 crore issue proceeds.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr - Please find the attached Certificate as per captioned regulation.
- Closure of Trading Window 30 Mar - Trading window closed for Designated Persons from April 1, 2026 until 48 hours after FY2026 audited results.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 24 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 20 Mar
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse