ScoutQuest26 Oct 2026
Muthoot Microfin544055Rating outlook

Muthoot Microfin Ltd press release

CareEdge Global Ratings revised its outlook on Muthoot Microfin to 'Positive' from 'Stable' and reaffirmed the company's long-term foreign currency rating at 'CareEdge BB-' on 26 October 2026 (reported earlier).

By ScoutQuest · · 1 min read

50.2%Muthoot Fincorp stake in MML
Muthoot Fincorp stake in MML: 50.2%.
AUM
₹15,323 crore, up 22% YoY
Disbursements
₹2,900 crore, up 28% YoY
Credit costs (adjusted total assets)
3.0% in FY26 from 7.5% in FY25
Release
Press release

📌 The company says its JLG and non-JLG portfolio mix stood at 69:31 as of September 30, 2026, compared with 83:17 as of March 31, 2026.

📌 The small and micro enterprise individual loan portfolio reached ₹4,164 crore with near-zero delinquency, the company says.

📉 Credit costs calculated on an adjusted total assets basis declined to 3.0% in FY26 from 7.5% in FY25.

🏭 CRISIL Ratings upgraded MML's long-term bank loan facilities and non-convertible debentures to 'Crisil AA-/Stable' from 'Crisil A+/Positive' in June 2026.

🎯 CareEdge says the outlook assumes improvements in asset quality and operating performance are sustained despite risks from higher inflation and interest rates.

More numbers
  • AUM as of September 30, 2026₹15,323 crore
  • Quarterly disbursements, Q2 FY27₹2,900 crore
  • Small and micro enterprise individual loan portfolio₹4,164 crore
  • Gross non-performing assets as of June 30, 20263.7%
  • Credit cost, FY26 (adjusted total assets basis)3.0%
  • Return on total assets1.1%
  • Cost of funds9.93%
  • Collection efficiency, Q2 FY2798.11%
  • JLG and non-JLG portfolio mix69:31
  • External commercial borrowings covered by the ratingUSD 50 million
  • Muthoot Fincorp stake in MML50.2%
Source: BSE · 26 Oct 2026

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