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India Today
2 days ago
- Business
- India Today
Muthoot Finance shares jump 10% to hit record high after Q1 results. Should you buy?
Analyst sentiment remains largely positive on Muthoot Finance, with 15 out of 25 brokers maintaining 'buy' ratings on the stock, six 'hold,' and four 'sell.' Muthoot Finance shares hit all-time high after strong Q1 Morgan Stanley upgrades stock, targets Rs 2,920 with 16% upside Jefferies raises target to Rs 2,950; growth prospects strong Shares of Muthoot Finance surged 10% in early trading on Thursday, hitting an all-time high following the company's robust Q1FY26 results and a series of analyst upgrades. The gold loan financing company has seen its stock lifted by strong quarterly performance, rising investor confidence, and positive brokerage recommendations. Shares of the company were trading 10.43% higher at Rs 2,772.55 on the BSE at 10:04 am. Morgan Stanley upgraded Muthoot Finance to 'overweight' from its previous 'equalweight' rating, raising the price target to Rs 2,920 from Rs 2,880. The revised target implies a potential upside of 16% from Wednesday's closing price. The brokerage cited three key reasons for the upgrade: group-leading return on equity (RoE) and earnings per share (EPS) growth, potential ongoing consensus upgrades contrary to peers, and negligible asset quality risk despite a likely rise in bad loans. Jefferies also raised its price target to Rs 2,950 from Rs 2,660, implying over 17% upside, highlighting tailwinds to gold prices and room to lift loan-to-value ratios to support healthy loan growth. Analysts expect the company to deliver a net profit CAGR of 23% and an RoE of 21% over FY26–28. On the flip side, Motilal Oswal retained a 'neutral' rating with a price target of Rs 2,790, suggesting limited upside potential of 11%. The brokerage noted that while favourable gold loan trends and limited unsecured credit support growth, the current price already reflects many positives. Muthoot Finance's Q1 results were significantly better than expected. Consolidated loan assets under management (AUM) hit a record Rs 1,33,938 crore, up 37% YoY, with standalone AUM rising 42% to Rs 1,20,031 crore. Profit after tax reached Rs 2,046 crore, a 90% increase from the year-ago period. Gold loan AUM grew 40% YoY to Rs 1,13,194 crore. The company has also approved additional equity infusion of Rs 500 crore in Muthoot Money and Rs 200 crore in Muthoot Homefin. During the quarter, it opened 22 new branches, crossed a market capitalisation of Rs 1 trillion, and won six awards at the E4M Golden Mikes, including recognition for its 'Sunheri Soch' Season 3 campaign. George Jacob Muthoot, Chairman of Muthoot Finance, said, 'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead.' Analyst sentiment remains largely positive, with 15 out of 25 brokers maintaining 'buy' ratings on the stock, six 'hold,' and four 'sell.' Following the strong quarterly performance, Nirmal Bang upgraded its rating from 'hold' to 'buy,' while Nuvama reiterated a 'buy' with an increased target of Rs 2,993, citing the company's strong earnings and growth prospects. Muthoot Finance's record-breaking Q1 has made it a stock to watch, with strong fundamentals, favorable market conditions, and continued institutional support driving investor interest. (Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.) Shares of Muthoot Finance surged 10% in early trading on Thursday, hitting an all-time high following the company's robust Q1FY26 results and a series of analyst upgrades. The gold loan financing company has seen its stock lifted by strong quarterly performance, rising investor confidence, and positive brokerage recommendations. Shares of the company were trading 10.43% higher at Rs 2,772.55 on the BSE at 10:04 am. Morgan Stanley upgraded Muthoot Finance to 'overweight' from its previous 'equalweight' rating, raising the price target to Rs 2,920 from Rs 2,880. The revised target implies a potential upside of 16% from Wednesday's closing price. The brokerage cited three key reasons for the upgrade: group-leading return on equity (RoE) and earnings per share (EPS) growth, potential ongoing consensus upgrades contrary to peers, and negligible asset quality risk despite a likely rise in bad loans. Jefferies also raised its price target to Rs 2,950 from Rs 2,660, implying over 17% upside, highlighting tailwinds to gold prices and room to lift loan-to-value ratios to support healthy loan growth. Analysts expect the company to deliver a net profit CAGR of 23% and an RoE of 21% over FY26–28. On the flip side, Motilal Oswal retained a 'neutral' rating with a price target of Rs 2,790, suggesting limited upside potential of 11%. The brokerage noted that while favourable gold loan trends and limited unsecured credit support growth, the current price already reflects many positives. Muthoot Finance's Q1 results were significantly better than expected. Consolidated loan assets under management (AUM) hit a record Rs 1,33,938 crore, up 37% YoY, with standalone AUM rising 42% to Rs 1,20,031 crore. Profit after tax reached Rs 2,046 crore, a 90% increase from the year-ago period. Gold loan AUM grew 40% YoY to Rs 1,13,194 crore. The company has also approved additional equity infusion of Rs 500 crore in Muthoot Money and Rs 200 crore in Muthoot Homefin. During the quarter, it opened 22 new branches, crossed a market capitalisation of Rs 1 trillion, and won six awards at the E4M Golden Mikes, including recognition for its 'Sunheri Soch' Season 3 campaign. George Jacob Muthoot, Chairman of Muthoot Finance, said, 'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead.' Analyst sentiment remains largely positive, with 15 out of 25 brokers maintaining 'buy' ratings on the stock, six 'hold,' and four 'sell.' Following the strong quarterly performance, Nirmal Bang upgraded its rating from 'hold' to 'buy,' while Nuvama reiterated a 'buy' with an increased target of Rs 2,993, citing the company's strong earnings and growth prospects. Muthoot Finance's record-breaking Q1 has made it a stock to watch, with strong fundamentals, favorable market conditions, and continued institutional support driving investor interest. (Disclaimer: The views, opinions, recommendations, and suggestions expressed by experts/brokerages in this article are their own and do not reflect the views of the India Today Group. It is advisable to consult a qualified broker or financial advisor before making any actual investment or trading choices.) Join our WhatsApp Channel
Economic Times
2 days ago
- Business
- Economic Times
Muthoot Finance shares in focus on posting 65% YoY growth in Q1 PAT, record loan book
Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel The shares of Muthoot Finance may remain in focus on Thursday, August 14, after the company reported its Q1FY26 results , posting a 65% YoY to Rs 1,974 crore, up from Rs 1,196 crore in the year-ago the PAT grew 37%, up from Rs 1,444 crore in Finance reported its highest-ever consolidated loan assets under management ( AUM ) at Rs 1,33,938 crore as of June 30, 2025, marking a 37% year-on-year increase, or Rs 35,891 crore, over the Rs 98,048 crore recorded in the same quarter last the quarter, consolidated loan AUM grew by 10% sequentially, adding Rs 11,757 a standalone basis, loan AUM stood at Rs 1,20,031 crore, reflecting a 42% YoY growth of Rs 35,707 crore, while standalone profit after tax reached a record Rs 2,046 crore, up 90% from last Finance's gold loan AUM was Rs 1,13,194 crore as of March 31, 2025, with a 40% YoY increase of Rs 32,272 crore, the highest annual growth in this segment for the highlights for the quarter included crossing a market capitalisation of Rs 1 trillion, opening 22 new branches, and winning six awards at the E4M Golden Mikes, including the Golden Category award for Best Integrated TV Campaign and the Silver Category award for Best Use of Influencers/Celebrities on TV for the 'Sunheri Soch' Season 3 campaign.'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead,' said George Jacob Muthoot, Chairman of Muthoot Finance, while commenting on the company's Q1 performance.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
2 days ago
- Business
- Time of India
Muthoot Finance shares in focus on posting 65% YoY growth in Q1 PAT, record loan book
Muthoot Finance shares: Muthoot Finance posted a 65% YoY rise in Q1FY26 PAT to Rs 1,974 crore, up 37% sequentially. The company reported a record consolidated AUM of Rs 1,33,938 crore, marking a 37% YoY increase. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads The shares of Muthoot Finance may remain in focus on Thursday, August 14, after the company reported its Q1FY26 results , posting a 65% YoY to Rs 1,974 crore, up from Rs 1,196 crore in the year-ago the PAT grew 37%, up from Rs 1,444 crore in Q4FY25. Muthoot Finance reported its highest-ever consolidated loan assets under management ( AUM ) at Rs 1,33,938 crore as of June 30, 2025, marking a 37% year-on-year increase, or Rs 35,891 crore, over the Rs 98,048 crore recorded in the same quarter last the quarter, consolidated loan AUM grew by 10% sequentially, adding Rs 11,757 a standalone basis, loan AUM stood at Rs 1,20,031 crore, reflecting a 42% YoY growth of Rs 35,707 crore, while standalone profit after tax reached a record Rs 2,046 crore, up 90% from last Finance's gold loan AUM was Rs 1,13,194 crore as of March 31, 2025, with a 40% YoY increase of Rs 32,272 crore, the highest annual growth in this segment for the highlights for the quarter included crossing a market capitalisation of Rs 1 trillion, opening 22 new branches, and winning six awards at the E4M Golden Mikes, including the Golden Category award for Best Integrated TV Campaign and the Silver Category award for Best Use of Influencers/Celebrities on TV for the 'Sunheri Soch' Season 3 campaign.'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead,' said George Jacob Muthoot, Chairman of Muthoot Finance, while commenting on the company's Q1 performance.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Economic Times
2 days ago
- Business
- Economic Times
Muthoot Finance shares hit 10% upper circuit on posting 65% YoY growth in Q1 profit
The shares of Muthoot Finance zoomed in early trade on Thursday, hitting their 10% upper circuit and a record high of Rs 2,761.80 on BSE after the company reported Q1 FY26 results, posting a 65% YoY jump in net profit to Rs 1,974 crore, up from Rs 1,196 crore in the year-ago period. ADVERTISEMENT Sequentially, the PAT grew 37%, up from Rs 1,444 crore in Q4FY25. Muthoot Finance reported its highest-ever consolidated loan assets under management (AUM) at Rs 1,33,938 crore as of June 30, 2025, marking a 37% year-on-year increase, or Rs 35,891 crore, over the Rs 98,048 crore recorded in the same quarter last year. During the quarter, consolidated loan AUM grew by 10% sequentially, adding Rs 11,757 a standalone basis, loan AUM stood at Rs 1,20,031 crore, reflecting a 42% YoY growth of Rs 35,707 crore, while standalone profit after tax reached a record Rs 2,046 crore, up 90% from last Finance's gold loan AUM was Rs 1,13,194 crore as of March 31, 2025, with a 40% YoY increase of Rs 32,272 crore, the highest annual growth in this segment for the company. ADVERTISEMENT Other highlights for the quarter included crossing a market capitalisation of Rs 1 trillion, opening 22 new branches, and winning six awards at the E4M Golden Mikes, including the Golden Category award for Best Integrated TV Campaign and the Silver Category award for Best Use of Influencers/Celebrities on TV for the 'Sunheri Soch' Season 3 campaign. Unlock 500+ Stock Recos on App 'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead,' said George Jacob Muthoot, Chairman of Muthoot Finance, while commenting on the company's Q1 performance. ADVERTISEMENT Also read: Zerodha's Nithin Kamath on how a boring, invisible Sebi step brought windfall gains for retail investors (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times) (You can now subscribe to our ETMarkets WhatsApp channel)
Time of India
2 days ago
- Business
- Time of India
Muthoot Finance shares hit 10% upper circuit on posting 65% YoY growth in Q1 profit
The shares of Muthoot Finance zoomed in early trade on Thursday, hitting their 10% upper circuit and a record high of Rs 2,761.80 on BSE after the company reported Q1 FY26 results, posting a 65% YoY jump in net profit to Rs 1,974 crore, up from Rs 1,196 crore in the year-ago period. Sequentially, the PAT grew 37%, up from Rs 1,444 crore in Q4FY25. Finance Value and Valuation Masterclass - Batch 4 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program Finance Value and Valuation Masterclass - Batch 3 By CA Himanshu Jain View Program Artificial Intelligence AI For Business Professionals By Vaibhav Sisinity View Program Finance Value and Valuation Masterclass - Batch 2 By CA Himanshu Jain View Program Finance Value and Valuation Masterclass Batch-1 By CA Himanshu Jain View Program Muthoot Finance reported its highest-ever consolidated loan assets under management (AUM) at Rs 1,33,938 crore as of June 30, 2025, marking a 37% year-on-year increase, or Rs 35,891 crore, over the Rs 98,048 crore recorded in the same quarter last year. During the quarter, consolidated loan AUM grew by 10% sequentially, adding Rs 11,757 crore. On a standalone basis, loan AUM stood at Rs 1,20,031 crore, reflecting a 42% YoY growth of Rs 35,707 crore, while standalone profit after tax reached a record Rs 2,046 crore, up 90% from last year. Live Events Muthoot Finance's gold loan AUM was Rs 1,13,194 crore as of March 31, 2025, with a 40% YoY increase of Rs 32,272 crore, the highest annual growth in this segment for the company. Other highlights for the quarter included crossing a market capitalisation of Rs 1 trillion, opening 22 new branches, and winning six awards at the E4M Golden Mikes, including the Golden Category award for Best Integrated TV Campaign and the Silver Category award for Best Use of Influencers/Celebrities on TV for the 'Sunheri Soch' Season 3 campaign. 'As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead,' said George Jacob Muthoot, Chairman of Muthoot Finance, while commenting on the company's Q1 performance. Also read: Zerodha's Nithin Kamath on how a boring, invisible Sebi step brought windfall gains for retail investors ( Discla imer : Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
