Board Meeting Details

  • Meeting Date: August 01, 2026
  • Meeting Time: 10:30 AM to 03:00 PM (IST)
  • Key Agenda Items Approved:
  • Limited reviewed standalone and consolidated financial results for quarter ended June 30, 2026
  • Recommended appointment of Mr. Alexander George (DIN: 00938073) as Managing Director effective October 01, 2026 (subject to shareholder approval)
  • Recommended appointment of Mr. George Alexander Muthoot (DIN: 00016787) as Executive Vice Chairman effective October 01, 2026 (subject to shareholder approval)
  • Approved elevation of Mr. K R Bijimon as Chief Executive Officer effective October 01, 2026
  • Approved additional investment of ₹32 Crores in Asia Asset Finance PLC under Rights Issue
  • Scheduled 29th Annual General Meeting on August 31, 2026 via Video Conferencing/Audio Visual Means

Standalone Financial Results (Q1 FY27)

Income Statement (₹ in Millions)

  • Interest Income: 75,059.79 (Q1 FY26: 55,923.33)
  • Dividend Income: 0.00 (Q1 FY26: 7.92)
  • Net gain on fair value changes: 318.71 (Q1 FY26: 665.75)
  • Sale of services: 20.83 (Q1 FY26: 20.45)
  • Service charges: 489.18 (Q1 FY26: 415.72)
  • Total Revenue from operations: 75,888.51 (Q1 FY26: 57,033.17)
  • Other Income: 141.97 (Q1 FY26: 77.92)
  • Total Income: 76,030.48 (Q1 FY26: 57,111.09)

Expenses (₹ in Millions)

  • Finance costs: 31,458.62 (Q1 FY26: 21,191.44)
  • Impairment on financial instruments: 510.28 (Q1 FY26: 343.59)
  • Employee benefits expenses: 5,250.96 (Q1 FY26: 4,591.13)
  • Depreciation, amortization and impairment: 197.29 (Q1 FY26: 235.61)
  • Other expenses: 4,383.34 (Q1 FY26: 3,294.40)
  • Total Expenses: 41,800.49 (Q1 FY26: 29,656.17)

Profitability (₹ in Millions)

  • Profit before tax: 34,229.99 (Q1 FY26: 27,454.92)
  • Tax Expense:
  • Current tax: 8,211.27
  • Deferred tax: 513.96
  • Taxes relating to prior years: 0.00
  • Profit for the period: 25,504.76 (Q1 FY26: 20,462.99)
  • Other Comprehensive Income: (1,156.81)
  • Total comprehensive income: 24,347.95 (Q1 FY26: 20,633.75)
  • Earnings per share (Basic & Diluted): ₹63.53 (Q1 FY26: ₹50.97)

Key Standalone Metrics

  • Loan AUM: ₹1,720,534 million (43% YoY growth)
  • Gold Loan AUM: ₹1,632,985 million (44% YoY growth)
  • Other Loans: ₹87,549 million
  • Branches: 5,029 (1.2% QoQ growth)
  • Capital Adequacy Ratio: 20.30% (Q1 FY26: 21.96%)
  • Net Worth: ₹389,083.24 million
  • Outstanding Debt: ₹14,90,735.55 million
  • Debt-Equity Ratio: 3.83
  • Net Profit Margin: 33.55% (Q1 FY26: 35.77%)
  • Stage III loan assets to Gross loan assets: 2.28% (Q1 FY26: 2.58%)
  • Net Stage III loan assets to Gross loan assets: 1.99% (Q1 FY26: 2.10%)
  • Provision Coverage Ratio: 13.01% (Q1 FY26: 18.52%)

Consolidated Financial Results (Q1 FY27)

Income Statement (₹ in Millions)

  • Interest Income: 85,569.92 (Q1 FY26: 62,880.10)
  • Dividend Income: 0.00 (Q1 FY26: 0.00)
  • Net gain on fair value changes: 258.28 (Q1 FY26: 708.12)
  • Net gain on derecognition of financial instruments: 0.00 (Q1 FY26: 54.95)
  • Sale of services: 20.83 (Q1 FY26: 20.45)
  • Service charges: 866.99 (Q1 FY26: 837.69)
  • Total Revenue from operations: 86,716.02 (Q1 FY26: 64,501.31)
  • Other Income: 232.14 (Q1 FY26: 155.50)
  • Total Income: 86,948.16 (Q1 FY26: 64,656.81)

Expenses (₹ in Millions)

  • Finance costs: 34,583.90 (Q1 FY26: 23,549.13)
  • Impairment on financial instruments: 1,213.27 (Q1 FY26: 3,112.68)
  • Employee benefits expenses: 7,383.44 (Q1 FY26: 6,524.57)
  • Depreciation, amortization and impairment: 313.98 (Q1 FY26: 347.51)
  • Other expenses: 5,482.28 (Q1 FY26: 4,582.65)
  • Total Expenses: 48,976.87 (Q1 FY26: 38,116.54)

Profitability (₹ in Millions)

  • Profit before tax: 37,971.29 (Q1 FY26: 26,540.27)
  • Tax Expense: 9,722.89
  • Profit for the period: 28,248.40 (Q1 FY26: 19,742.46)
  • Other Comprehensive Income: (1,259.46)
  • Total comprehensive income: 26,988.94 (Q1 FY26: 19,894.73)
  • Earnings per share (Basic & Diluted): ₹69.72 (Q1 FY26: ₹50.22)

Key Consolidated Metrics

  • Group Branch Network: 7,654 branches
  • Consolidated Loan AUM: ₹1,915,318 million (43% YoY growth)
  • Consolidated Gold Loan AUM: ₹1,755,270 million
  • Consolidated Profit After Tax: ₹28,248.40 million (43% YoY growth)

Subsidiary Performance Highlights

Muthoot Homefin (India) Limited

  • Loan AUM: ₹3,496 million (13% YoY growth)
  • Profit After Tax: ₹42 million (114% YoY growth)
  • Capital Adequacy Ratio: 29%
  • Stage III loan assets: 2.52% of gross loan assets

Belstar Microfinance Limited

  • Loan AUM: ₹7,842 million (2% YoY growth)
  • Profit After Tax: ₹661 million (profit turnaround from loss of ₹1,280 million in Q1 FY26)
  • Capital Adequacy Ratio: 25%
  • Stage III loan assets: 2.85% of gross loan assets

Muthoot Money Limited

  • Loan AUM: ₹10,550 million (111% YoY growth)
  • Profit After Tax: ₹1,721 million (366% YoY growth)
  • Capital Adequacy Ratio: 23%
  • Stage III loan assets: 0.67% of gross loan assets

Asia Asset Finance PLC

  • Loan AUM: LKR 5,270 million (51% YoY growth)
  • Profit After Tax: LKR 429 million (137% YoY growth)
  • Capital Adequacy Ratio: 19%

Muthoot Insurance Brokers Private Limited

  • Premium Collection: ₹703 million
  • Profit After Tax: ₹172 million

Co-Lending Arrangements (as of June 30, 2026)

  • Number of Co-Lending Arrangements: 4
  • Number of Outstanding Cases: 15,859
  • Amount of Gross outstanding: ₹105.67 crore
  • Non-Performing loans: ₹0.09 crore
  • Default loss guarantee: 5% on Disbursed amount

Security Cover Certification

Auditors certified that the company maintained adequate security cover for secured listed non-convertible debt securities aggregating to ₹510,751.78 million at principal value as at June 30, 2026.

Utilization of Issue Proceeds

Disclosure under Regulation 52(7A) confirmed no deviation in use of proceeds from Non-Convertible Debentures issued till June 30, 2026 compared to objects of the issue.

Dividend Information

The Company had declared an interim dividend of ₹30 per share for the year ended March 31, 2026 on April 10, 2026.

Documents Enclosed

1. Limited reviewed standalone and consolidated financial results with audit reports

2. Disclosures under Regulation 52(4)

3. Disclosures under Regulation 52(7)

4. Disclosures under Regulation 52(7A)

5. Security Cover disclosure under Regulation 54

6. Press Release for newspapers

7. Investor Presentation