Muthoot Capital Services Ltd
The company is deposit-taking NBFC & part of Muthoot Group. The group has established a strong reputation and brand in India, particularly in South India. The promoters have more than 30 years of experience in the lending business. The company started its business in 2-wheeler financing in 1998 and since then expanded into financing used cars, consumer durables, and small-ticket business loans. [1]
Strengths
- +Stock is trading at 0.48 times its book value
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 4.24% over past five years.
- −Company has a low return on equity of 5.94% over last 3 years.
Shareholding Pattern
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 62.62% | 62.62% | 62.62% | 62.62% | 62.62% | 63.33%▲0.7 | 63.33% | 63.33% |
| FIIs | 1.32% | 1.3%▼0.0 | 1.46%▲0.2 | 1.39%▼0.1 | 2.5%▲1.1 | 1.99%▼0.5 | 1.38%▼0.6 | 1.3%▼0.1 |
| DIIs | 0.84% | 1.22%▲0.4 | 1.27%▲0.1 | 1.36%▲0.1 | 1.45%▲0.1 | 1.43%▼0.0 | 1.43% | 1.01%▼0.4 |
| Public | 35.22% | 34.86%▼0.4 | 34.65%▼0.2 | 34.62%▼0.0 | 33.42%▼1.2 | 33.25%▼0.2 | 33.85%▲0.6 | 34.34%▲0.5 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 43.35 | 40.73 | 41.15 | 36.51 | 46.26 | 63.83 | 77.38 | 69.11 | 68.14 | 78.05 |
| 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 | 10.01 | 11.68 | 10.8 | 15.97 | 12.56 | 6.42 | -4.67 | 2.83 | 7.65 | 5.37 |
| EPS ₹ | 6.09 | 7.1 | 6.57 | 9.71 | 7.64 | 3.9 | -2.84 | 1.72 | 4.65 | 3.26 |
AI Insights
Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
DIIs: 1.01% (+0.15pp change). FIIs: 1.3% (+0.33pp change). Promoters hold 63.33%.
ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.
PE 26x with 8.87% ROCE. Price is -52% above book value of ₹408. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 13 May - Muthoot Capital released Q4 FY26 earnings call transcript; AUM closed at ₹3,441 crore and management outlined FY27 plans.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome 11 May - Audio recording of May 11, 2026 investor call on FY26 audited results uploaded.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 10 May - Newspaper advertisement w.r.t. Audited Financial Results for the quarter and Financial Year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Investor Presentation 8 May - Investor Presentation for the quarte and Financial Year ended March 31, 2026
- Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026 8 May
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse