Muthoot Capital Services Limited — Quarter ended March 31, 2026 (Audited) and year ended March 31, 2026 (Audited)
Audited Standalone Financial Results (₹ in Lakhs)
| Particulars | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Unaudited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| I Revenue from operations | |||||
| (i) Interest Income | 14,694.98 | 14,830.00 | 13,020.09 | 58,091.64 | 44,659.43 |
| (ii) Dividend Income | – | – | – | 3.69 | 3.41 |
| (iii) Fees and Charges Income | 804.66 | 666.72 | 692.32 | 2,760.49 | 2,418.58 |
| (iv) Net gain on fair value changes | 0.83 | 1.31 | 3.96 | 3.51 | 3.96 |
| (v) Net gain on derecognition of financials instruments under amortized cost category | 1,135.55 | – | – | 1,135.55 | – |
| (vi) Other Operating Income | 24.48 | 9.93 | 15.46 | 59.75 | 79.93 |
| Total Revenue From Operations | 16,660.50 | 15,507.96 | 13,731.83 | 62,054.63 | 47,165.31 |
| II Other income | 206.49 | 585.77 | 306.03 | 1,197.52 | 484.22 |
| III Total income (I+II) | 16,866.99 | 16,093.73 | 14,037.86 | 63,252.15 | 47,649.53 |
| IV Expenses | |||||
| (i) Finance costs | 7,757.50 | 8,116.10 | 6,762.50 | 31,521.42 | 22,356.03 |
| (ii) Impairment on financial instruments | 2,098.13 | 1,121.45 | 1,655.86 | 7,557.03 | 1,937.95 |
| (iii) Employee benefits expenses | 2,908.80 | 2,906.45 | 2,545.14 | 11,606.17 | 9,510.92 |
| (iv) Depreciation, amortisation and impairment | 359.63 | 132.79 | 193.11 | 731.61 | 477.24 |
| (v) Net loss on fair value changes | – | – | 6.02 | 2.43 | 18.69 |
| (vi) Other expenses | 2,799.08 | 2,785.38 | 2,177.19 | 10,103.25 | 7,308.93 |
| Total expenses (IV) | 15,923.14 | 15,062.17 | 13,339.82 | 61,521.91 | 41,609.76 |
| V Profit/(Loss) Before Exceptional Items and Tax (III-IV) | 943.85 | 1,031.56 | 698.04 | 1,730.24 | 6,039.77 |
| VI Exceptional items (Refer Note 7) | 168.42 | – | – | 168.42 | – |
| VII Profit/(Loss) before tax (V-VI) | 775.43 | 1,031.56 | 698.04 | 1,561.82 | 6,039.77 |
| VIII Tax expense | |||||
| (1) Current tax | – | – | 1,102.38 | – | – |
| (2) Deferred tax | 238.89 | 266.50 | (971.51) | 444.49 | 1,540.16 |
| (3) Tax Relating to Prior Years | – | – | (74.99) | – | (74.99) |
| Total tax expenses (VIII) | 238.89 | 266.50 | 55.88 | 444.49 | 1,465.17 |
| IX Profit/(Loss) for the period (VII-VIII) | 536.54 | 765.06 | 642.16 | 1,117.33 | 4,574.60 |
| X Other Comprehensive Income | |||||
| (A) Items that will not be reclassified to profit or loss | |||||
| – Remeasurement of defined benefit plans | 47.63 | – | (52.38) | 47.63 | (52.38) |
| – Fair value changes on equity instruments through other comprehensive income | (92.88) | 104.67 | 31.77 | 110.57 | 128.37 |
| – Income tax relating to items that will not be reclassified to profit or loss | 11.39 | (26.34) | (26.62) | (39.81) | (19.12) |
| Subtotal (A) | (33.86) | 78.33 | (47.23) | 118.39 | 56.87 |
| (B) Items that will be reclassified to profit or loss | |||||
| – Cash flow hedging reserve | – | – | – | – | – |
| – Income tax relating to items that will be reclassified to profit or loss | – | – | – | – | – |
| Subtotal (B) | – | – | – | – | – |
| Other Comprehensive Income (A+B) (X) | (33.86) | 78.33 | (47.23) | 118.39 | 56.87 |
| XI Total Comprehensive Income for the period (IX+X) | 502.68 | 843.39 | 594.93 | 1,235.72 | 4,631.47 |
| XII Paid-up equity share capital | 1,644.75 | 1,644.75 | 1,644.75 | 1,644.75 | 1,644.75 |
| XIII Other equity | 65,397.33 | 64,161.61 | |||
| XIV Earnings per equity share (Face value of Rs.10/- each) | |||||
| Basic (Rs.) (Quarterly figures are not annualized) | 3.26 | 4.65 | 3.90 | 6.79 | 27.81 |
| Diluted (Rs.) (Quarterly figures are not annualized) | 3.26 | 4.65 | 3.90 | 6.79 | 27.81 |
Audited Statement of Assets and Liabilities as on March 31, 2026 (₹ in Lakhs)
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| I ASSETS | ||
| (i) Financial Assets | ||
| (a) Cash and cash equivalents | 36,486.19 | 29,691.39 |
| (b) Bank Balance other than (a) above | 15,860.28 | 10,273.20 |
| (c) Loans | 3,27,595.07 | 2,97,504.95 |
| (d) Investments | 12,927.71 | 11,211.40 |
| (e) Capital advance | 500.00 | – |
| (f) Other Financial assets | 3,832.84 | 1,792.78 |
| (ii) Non-Financial Assets | ||
| (a) Current tax assets (Net) | 3,183.08 | 1,964.36 |
| (b) Deferred tax Assets (Net) | 3,494.64 | 3,978.95 |
| (c) Property, Plant and Equipment | 321.19 | 450.81 |
| (d) Intangible Asset under development | – | – |
| (e) Right-of-use Assets | 140.28 | 223.55 |
| (f) Other Intangible assets | 357.31 | 302.01 |
| (g) Other non-financial assets | 862.03 | 882.76 |
| Total Assets | 4,05,560.62 | 3,58,276.16 |
| II LIABILITIES AND EQUITY | ||
| LIABILITIES | ||
| (i) Financial Liabilities | ||
| (a) Payables: | ||
| (I) Trade Payables | ||
| (i) total outstanding dues of micro enterprises and small enterprises | – | – |
| (ii) total outstanding dues of creditors other than micro enterprises and small enterprises | 3,160.77 | 2,656.75 |
| (b) Debt Securities | 1,21,452.47 | 98,297.56 |
| (c) Borrowings (Other than Debt Securities) | 1,99,029.71 | 1,82,447.35 |
| (d) Deposits | 8,221.54 | 4,318.56 |
| (e) Subordinated Liabilities | 2,570.66 | 193.51 |
| (f) Other financial liabilities | 3,014.72 | 3,497.48 |
| (g) Lease Liabilities | 153.95 | 228.48 |
| (ii) Non-Financial Liabilities | ||
| (a) Provisions | 505.17 | 377.51 |
| (b) Other non-financial liabilities | 409.55 | 452.59 |
| Total Liabilities | 3,38,518.54 | 2,92,469.79 |
| EQUITY | ||
| (a) Equity share capital | 1,644.75 | 1,644.75 |
| (b) Other equity | 65,397.33 | 64,161.61 |
| Total Equity | 67,042.08 | 65,806.36 |
| Total Liabilities & Equity | 4,05,560.62 | 3,58,276.16 |
Audited Statement of Cash Flow for the Year Ended March 31, 2026 (₹ in Lakhs)
| Particulars | Year Ended Mar-26 | Year Ended Mar-25 |
|---|---|---|
| A. Cash Flow from Operating Activities | ||
| Profit Before Tax | 15,61.82 | 60,39.77 |
| Adjustments to Reconcile Profit Before Tax to Net Cash Flows: | ||
| Depreciation, Amortisation & Impairment | 6,48.45 | 4,07.85 |
| Profit/Loss on Sale of Fixed Assets | 0.26 | (11.89) |
| Dividend Income | (3.69) | (3.41) |
| Income from Investments | (290.23) | (123.47) |
| Net gain /Loss on fair value changes | (1.08) | 14.73 |
| Net gain on derecognition of financials instruments | (1,135.55) | 0.00 |
| ECL Provision – Servicing Asset | 45.30 | 0.00 |
| Provision Others | 1,44.50 | 0.00 |
| Diminution in the value of Repossessed Assets | 5,20.49 | 0.00 |
| Impairment on financial instruments | 11,98.39 | 2,56.72 |
| ROU Adjustments | 5.93 | 13.53 |
| Finance Cost | 315,21.42 | 223,56.03 |
| Operating Profit before Working Capital Changes | 34,216.01 | 28,949.86 |
| Adjustments for Net (Increase) / Decrease in Operating Assets: | ||
| Bank Balances other than cash and cash equivalents | (5,587.08) | (3,611.89) |
| Loans | (31,288.51) | (1,12,596.57) |
| Other Financial Assets | (1,467.50) | (745.46) |
| Other Non Financial Assets | 2,48.09 | 22,36.28 |
| Adjustments for Net Increase/ (Decrease) in operating liabilities- | ||
| Other Financial Liabilities | (526.09) | 13,32.43 |
| Trade Payables | 5,04.03 | 12,54.17 |
| Other non financial liabilities | (43.04) | 1,88.29 |
| Provisions | 30.79 | 51.69 |
| Net changes in working capital | (38,129.31) | (1,11,891.06) |
| Cash generated from Operations | (3,913.30) | (82,941.20) |
| Finance cost paid | (32,177.94) | (25,115.34) |
| Direct Taxes paid | (1,446.08) | (1,574.92) |
| Net cash from/(used) in Operating Activities | (37,537.32) | (1,09,631.46) |
| B. Cash Flow From Investing Activities | ||
| Purchase of Fixed Assets | (575.59) | (567.00) |
| Sale of Fixed Assets | 1.19 | 19.78 |
| Capital Advance | (500.00) | .00 |
| Purchase of Investment | (4 407.35) | (6 358.32) |
| Redemption of Investments | 28 02.69 | 59 94.98 |
| Interest on Investments | 2 90.23 | 1 23.47 |
| Dividend Income | 3.69 | 3.41 |
| Net cash from / (used) in Investing Activities | (2 385.14) | (783.68) |
| C. Cash Flow from Financing Activities | ||
| Proceeds from: Non-Convertible Debentures | 600 00.00 | 791 00.00 |
| Proceeds from: Term loan from Bank and Other Financial Institution | 375 00.00 | 600 30.19 |
| Proceeds from: Working Capital Demand Loan and Cash Credit | .00 | 92 10.79 |
| Proceeds from: Securitisation | 684 87.15 | 370 86.54 |
| Proceeds from: Commercial Paper | 320 34.99 | 795 33.70 |
| Proceeds from: Public Deposits | 55 33.84 | 16 33.44 |
| Proceeds from: Subordinated Debt | 25 00.00 | .00 |
| Repayment of: Non -Convertible Debentures | (32 846.63) | (7 325.00) |
| Repayment of: Market Linked Debentures | (3 500.00) | (14 000.00) |
| Repayment of: Term loan from Bank and Other Financial Institution | (41 105.36) | (21 188.64) |
| Repayment of: Loan from Director | .00 | (678.50) |
| Repayment of: Working Capital Demand Loan and Cash Credit | (2 326.22) | (12 105.02) |
| Repayment of: Securitisation | (41 420.88) | (22 564.17) |
| Repayment of: Commercial Paper | (36 477.12) | (65 562.10) |
| Repayment of: Public Deposits | (1 639.66) | (669.58) |
| Repayment of: Subordinated Debt | (22.85) | (493.93) |
| Net cash generated from Financing Activities | 46 717.26 | 1 22 007.72 |
| Net Increase/(Decrease) in cash and cash equivalents (A+B+C) | 6 794.80 | 11 592.58 |
| Opening Balance of Cash and Cash Equivalents | 296 91.39 | 180 98.81 |
| Closing Balance of Cash and Cash Equivalents | 36 486.19 | 29 691.39 |
Details of transfer through securitization including Direct Assignment transaction (₹ in Lakhs)
| Particulars | HLF-MCSL DA FEB 2026 (DA) | Indigo 049 (Securitisation) | Umbreon 03 2026 (Securitisation) | Whitford 03 2026 (Securitisation) |
|---|---|---|---|---|
| Count of Loan accounts transferred (nos.) | 14,485 | 13,338 | 10,871 | 16,232 |
| Amount of Loan account transferred (in Lakhs) | 10,539.61 | 9,354.91 | 7,731.30 | 11,150.56 |
| Retention of Beneficial economic interest (%) | 10% | 10.21% | 13% | 12% |
| Weighted average maturity (residual maturity) | 2.03 Years | 1.96 Years | 1. |