Muthoot Finance Limited has informed the Exchange regarding 'Outcome of Board meeting dated 14 May 2026'.
MUTHOOTFIN · price
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Muthoot Finance Limited reported strong FY2026 consolidated results with total income of Rs. 3,12,634.10 million, up 54% from Rs. 2,02,650.86 million in FY2025. Profit after tax nearly doubled to Rs. 1,06,068.67 million from Rs. 53,523.61 million, a 98% increase. Total assets grew to Rs. 19,57,539.94 million from Rs. 13,28,595.91 million. The company's loan book expanded significantly to Rs. 17,88,567.67 million. For Q4 FY2026, the company posted profit after tax of Rs. 33,974.79 million. The Board approved re-appointment of 4 Whole Time Directors (George M George, George M Jacob, George Alexander, Joseph Korah) and a new appointment of Eapen Alexander as Whole Time Director. Outstanding qualified borrowings increased from Rs. 51,505.86 crore to Rs. 81,034.07 crore during the year.
Strong financial performance with near-doubling of profits demonstrates robust growth in the gold loan business. The company maintains its ICRA AA+/Stable and CRISIL AA+ ratings. The director appointments represent planned succession within the Muthoot family, ensuring leadership continuity. Significant borrowing growth supports continued expansion of the loan portfolio.