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Muthoot Capital Services Ltd

NSE: MUTHOOTCAP BSE: 511766Banking

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]

196
52W: ₹175 — ₹367
PE 26 · Book ₹408 · -52% vs book
Market Cap₹322 Cr
Stock P/E26Price to Earnings
ROCE8.87%Return on Capital
ROE1.86%Return on Equity
Div. Yield0%Face Value ₹10

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

Promoters63.33%
FIIs1.3%
DIIs1.01%
Public34.34%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters62.62%62.62%62.62%62.62%62.62%63.33%0.763.33%63.33%
FIIs1.32%1.3%0.01.46%0.21.39%0.12.5%1.11.99%0.51.38%0.61.3%0.1
DIIs0.84%1.22%0.41.27%0.11.36%0.11.45%0.11.43%0.01.43%1.01%0.4
Public35.22%34.86%0.434.65%0.234.62%0.033.42%1.233.25%0.233.85%0.634.34%0.5

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales0000000000
Expenses43.3540.7341.1536.5146.2663.8377.3869.1168.1478.05
Operating Profit0000000000
OPM %0%0%0%0%0%0%0%0%0%0%
Net Profit10.0111.6810.815.9712.566.42-4.672.837.655.37
EPS ₹6.097.16.579.717.643.9-2.841.724.653.26

AI Insights

Revenue Trend

Mar 2026 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: 1.01% (+0.15pp change). FIIs: 1.3% (+0.33pp change). Promoters hold 63.33%.

Margin & Efficiency

ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.

Valuation

PE 26x with 8.87% ROCE. Price is -52% above book value of ₹408. Dividend yield: 0%.

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