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Mufin Green Finance Limited

Mufin Green Finance Limited

MUFIN.NS
Mufin Green Finance LimitedIN flagNational Stock Exchange of India
133.32
INR
-1.72
- -
26.42BMarket Cap
Mufin Green Finance Limited
MUFIN.NS
(National Stock Exchange of India)

Recent

price

133.32

P/E

ratio

- -

div

yld

- -

ROIC.AI

2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
0.11
0.09
0.42
1.18
2.36
5.92
10.89
- -
12.51
Revenue per Share
- -
0.21
-0.47
1.53
0.84
0.58
1.05
1.18
- -
1.55
Basic EPS, GAAP
- -
0.27
-0.98
0.33
-4.66
-12.5
-23.68
-9.23
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.03
- -
- -
- -
- -
Dividend per Share
- -
0.61
0.14
1.36
2.03
2.36
3.09
3.78
- -
1.13
Book Value per Share
- -
5.93
5.46
7
7.73
10.92
15.93
16.19
- -
32.63
Tangible Book Value per Share
- -
130
130
130
130
140
152
166
- -
176
Basic Weighted Avg Shares
- -
14
12
55
153
331
903
1,809
2,076
2,203
Sales/Revenue/Turnover
- -
226.23
-576.7
401.58
84.42
37.37
19.71
13.77
17.81
15.91
Operating Margin (%)
- -
- -
- -
- -
- -
18
23
33
26
26
Depreciation Expense
- -
27
-61
199
109
81
161
196
283
273
Net Income, GAAP
- -
13.81
- -
11.87
14.17
24.78
24.35
25.79
25.58
25.62
Effective Tax Rate (%)
- -
195.04
-529.92
361.93
71.33
24.53
17.79
10.84
13.62
12.41
Profit Margin (%)
11
159
137
879
869
1,929
2,321
3,222
17,493
17,493
Working Capital
- -
- -
1
1
- -
907
2,754
3,149
13,976
13,976
LT Debt
23
770
708
907
1,016
1,537
2,441
2,692
5,747
5,747
Total Equity
- -
6.9
- -
22.55
11.38
4.15
2.19
1.98
1.86
1.76
Return on Invested Capital (%)
- -
54.04
- -
131.57
49.66
6.55
3.6
2.8
2.58
2.54
Return on Capital (%)
- -
54.04
-126.61
204.49
49.5
27.34
40.1
35.68
68.37
66.11
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
8,634
- -
13,976
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
173
- -
198
Market Capitalization
15,324
20,252
16,795

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
11,686
- -
17,493
Cash, Cash Equivalents & STI
1,431
- -
2,189
Accounts Receivable, Net
75
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
9
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
49.17%
113.45%
Free Cash Flow
- -
-182.25%
355.65%
Net Income, GAAP
- -
18.69%
44.14%
Sales/Revenue/Turnover
- -
116.53%
14.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
175
210
271
245
903
2025
369
461
485
493
1,809
2026
486
526
551
640
2,076

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.23
0.26
0.3
- -
1.05
2025
0.27
0.35
0.35
0.21
1.18
2026
0.19
0.33
0.41
0.63
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Mufin Green Finance Limited (MUFIN.NS) is an India-based non-banking financial company (NBFC-ND) registered with the Reserve Bank of India that specializes in green financing for electric mobility and solar projects; it provides loans and leasing solutions for income-generating electric vehicles including two-wheelers, three-wheelers, and four-wheelers, electric charging infrastructure, battery swapping stations, and solar financing for assets such as hotels, hospitals, commercial buildings, factories, and working capital for solar projects with individual, group, and captive power purchase agreements. The company serves businesses through operating and financial leases to fleet operators and end-consumers via OEM and dealer partnerships in semi-urban and rural areas, targeting underserved segments including women drivers to promote entrepreneurship, livelihood improvement, and environmental sustainability; it operates primarily across India from its headquarters at 201-202, 2nd Floor, Best Sky Tower, Netaji Subhash Place, Pitampura, New Delhi. Founded in 2016 as APM Finvest Limited and renamed Mufin Green Finance Limited effective July 15, 2022, it maintains subsidiaries including Mufin Green Leasing Private Limited and Mufin Green Infra Limited. In recent developments, the company approved a 19.16% stake acquisition in Bimapay Finsure for Rs 41.33 crore, a Rs 490 crore fundraising plan via 3.48 crore equity shares at Rs 98 each to non-promoters and 76.53 lakh warrants to promoters alongside Rs 90 crore in non-convertible debentures, and expansion into currency exchange services pending shareholder approval at an extraordinary general meeting on November 29, 2025; it allotted secured non-convertible debentures worth Rs 50 crore at 10.85% coupon in November 2025, approved private placement of up to Rs 50 crore in listed secured/unsecured NCDs, and issued 2,76,251 ESOP shares.