Quarterly Updates20 Apr 2026, 06:43 pm
Muthoot Microfin: FY26 AUM Grows 13% to ₹14,006 Cr
AI Summary
Muthoot Microfin reported a strong business update for FY26, with Assets Under Management (AUM) growing 13% YoY to ₹14,006 crore. The company saw healthy AUM growth surpassing guidance, supported by increased disbursements and successful diversification into new product lines like Individual Loans, Micro-Lap, and Gold Loans. Asset quality improved with lower GNPA and higher collection efficiencies. Credit costs moderated, leading to sustained profitability. Funding conditions were conducive with a declining cost of funds. The company also saw positive credit and ESG rating upgrades and significant app downloads.
Key Highlights
- AUM grew 13% YoY to ₹14,006 crore in FY26.
- Portfolio diversification improved, with non-JLG products at 17%.
- GNPA reduced to 3.89% and Credit Cost to 3.5% in FY26.
- Borrowing cost declined to 10.27% in Q4 FY26.
- ESG rating upgraded to 80.8 (CareEdge-ESG 1+).