TickerSutra

NSE: MUFIN · BSE: 542774 · ISIN INE08KJ01020

Mufin Green Finance Limited stock analysis

Mufin Green Finance Limited ranks #1237 in the TickerSutra evidence-ranked universe with a score of 55/100 and 95% data confidence. The latest captured fundamentals show ROCE of 10.7%, quarterly sales growth of 60.1% and quarterly profit growth of 240.9%.
Complete evidence gate watch governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE55/100

Monitor only

#1237 of 5,430 ranked equities
Market capitalisation₹2,678.58cr
ROCE10.7%
Quarterly sales growth60.1%
Quarterly profit growth240.9%
P/E ratio70.2×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • 83.5% three-year sales CAGR
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×
  • CFO/EBITDA is below 0.6×
  • Valuation is above 40× earnings

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹15cr₹13cr₹11cr83.0%
2023₹34cr₹12cr₹8cr36.0%
2024₹98cr₹24cr₹16cr24.0%
2025₹162cr₹30cr₹20cr19.0%
2026₹210cr₹40cr₹28cr19.0%
TTM₹246cr₹53cr₹38cr22.0%
Debt / equity2.43×
CFO / EBITDA-17.38×
Operating margin22.0%
Free cash flow₹-699cr
Sales CAGR · 3Y83.5%
Profit CAGR · 3Y51.8%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts7 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory updatesModerate severity · 64 mentions
Constructive

Greater emphasis on secured, asset-backed and cash flow-based lending, coupled with wider use of digital data, strengthened credit assessment and improved operating efficiency. Looking ahead, maintaining funding discipline, asset quality, customer protection and regulatory compliance will remain essential for sustainable growth. Outlook India’s NBFC industry is expected to grow steadily, driven by rising credit demand,

Export market updatesLow severity · 1 mention
Constructive

Operating in Rajasthan and Assam, the model supports high collection efficiency and lower credit risk. It also expands formal credit access for lower-income employees, with plans for wider geographic expansion Parameter Detail Average Ticket Size Approximately ₹3.30 lakhs Tenure Up to 1-60 months AUM as of March 2026 ₹26.40 Crores, representing 1.71% of the total loan book Loans to Corporates and Others (Including MSME

Regulatory approvalLow severity · 8 mentions
Watch

I request you to kindly refer to the detai led disclaimer in our investor presentation, which has been filed with BSE and NSE and is also available on our website, www.mufingreenfinance.com. The financial results for Q1 FY27 were approved by our Board of Directors at its meeting held on 11th August 2026, and have already been uploaded on the stock exchanges. The results have been limited reviewed by our statutory aud

Operating leverageLow severity · 1 mention
Watch

That number has been continuously reducing currently it stands at approximately 367, and by the end of this year our target is to bring it down to approximately 300 employees, even as our AUM continues to increase multi-fold. This reflects strong operating leverage on a disbursement-per-employee basis. If you compare the company's ratios across every domain, they are improving multi -fold.

Institutional interestLow severity · 2 mentions
Watch

It provides timely and up-to-date information on key corporate developments, including details of the Board of Directors, financial results, annual reports, shareholding pattern, corporate announcements, statutory disclosures, and other material information, thereby promoting transparency and facilitating informed decision- making.  During the financial year under review, the Company did not make any formal presentati

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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