NSE: MONEYBOXX · BSE: 538446
MONEYBOXX FINANCE LIMITED
Lends to small and micro entrepreneurs in rural and semi-urban India, with individual ticket sizes in the INR 1 to 25 lakh range. The business runs 156 branches across 12 states, holds an AUM of Rs. 893 crore, and serves 62,000-plus active borrowers, of whom 30 percent are first-time borrowers. It is shifting the book from unsecured to secured lending, with secured disbursements rising to 67 percent in FY26 from 49 percent in FY25, and secured AUM now at 68 percent of the book, targeting about 80 percent by March 2027. FY26 revenue was Rs. 231.77 crore, up 16.5 percent year-on-year, while net profit was Rs. 1.34 crore. On the cost side, employee expense is the largest line at 36.5 percent of revenue, followed by other operating expenses at 9.2 percent. Asset quality has improved with GNPA falling to 3.59 percent in March 2026 from 6.61 percent a year earlier. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest income from lending. Rural-focused, small-ticket NBFC lending to underserved entrepreneurs with a mix of secured and unsecured loans
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 23 | 50 | 128 | 199 | 232 |
| EBITDA (ex other income) | 4 | 13 | 56 | 74 | 95 |
| margin % | 18.8 | 26.7 | 44.2 | 37.0 | 40.8 |
| Owners' profit | (4) | (7) | 9 | 1 | 1 |
| EPS, as reported (₹) | (1.82) | (2.94) | 3.45 | 0.39 | 0.20 |
| ROE % · ROCE % | (10.8) · — | (8.9) · — | 5.4 · — | 0.5 · — | 0.5 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | (59) | (124) | (224) | (225) | (32) |
| Capex | (1) | (4) | (6) | (9) | (1) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | 52 | 52 | 59 | 55 | 55 | 63 | 52 |
| Profit before tax | 2 | 0 | (4) | 0 | 0 | 0 | 0 | 0 |
| Net profit | 2 | 0 | (5) | 0 | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.66 | 0.06 | (1.62) | 0.07 | 0.09 | 0.05 | 0.07 | 0.03 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 195.8 | 18.1 | 188 of 200 | 6% |
| P/B | 1.1 | 1.1 | 131 of 253 | 48% |
| ROE | 0.5 | 3.1 | 186 of 257 | 28% |
| EBITDA margin | 45.9 | 48.6 | 128 of 249 | 49% |
| Revenue growth | (11.9) | 12.6 | 157 of 231 | 32% |
| Profit growth | (15.0) | 7.8 | 136 of 251 | 46% |
| Market cap | 328 | 34 | 54 of 268 | 80% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 12 Oct 2026 · Moneyboxx Finance files details of Compliance Officer and RTA | compliance | minimal | — | — |
| 7 Oct 2026 · Submission of Regulation 74(5) Certificate for Sep 2026 Quarter | compliance | minimal | — | — |
| 7 Oct 2026 · Moneyboxx Finance classified as Middle Layer NBFC after crossing 1000 crore in total assets | business updates | medium | — | — |
| 6 Oct 2026 · Moneyboxx Finance classified as Middle Layer NBFC by RBI | regulatory legal | medium | — | — |
| 1 Oct 2026 · AGM Results: All 5 Resolutions Passed; NCD Issue of Rs 1200 Cr Approved | board shareholder meetings | low | — | — |
| 1 Oct 2026 · Moneyboxx raises 84 Cr debt; Bandhan Bank joins as new lender | compliance | low | — | — |
| 30 Sept 2026 · Moneyboxx Finance allots 9,650 shares under ESOP Plan 2021 | capital market events | low | — | — |
| 29 Sept 2026 · Moneyboxx Finance 32nd AGM held; Rs 1,200 cr NCD issue among 5 resolutions | board shareholder meetings | medium | — | — |
| 28 Sept 2026 · Please find attached herewith the intimation with respect to the captioned subject. | compliance | minimal | — | — |
| 28 Sept 2026 · Moneyboxx raises 60 crore rupees via NCDs to fund AUM growth | compliance | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.