Muthoot Finance sets board meeting date to declare Q2 results, raising of funds via NCDs

Gold financier Muthoot Finance on Friday, November 7, announced the board meeting date for the consideration of the financial results and the fundraising plan via non-convertible debentures (NCDs).

According to the exchange filing, Muthoot Finance's board will meet next week on Thursday, November 13, to consider and approve the financial results for the quarter and half-year ended September 30, 2025.

Additionally, the board will consider a fundraising proposal via issuance of redeemable NCDs, Muthoot Finance announced today.

Muthoot Finance Q1 Results

In the April-June quarter of fiscal 2025-26 (FY26), gold loan NBFC reported a 65% year-on-year (YoY) surge in its consolidated profit after tax to ₹1,974 crore.

Total income jumped 44% to ₹6,485 crore for the quarter under review from ₹4,492 crore in the same period a year ago, the company said in a filing.

Its loan assets under management increased by 37% YoY to ₹1,33,938 crore in Q1 FY26 against ₹98,048 crore last year.

Muthoot Finance Q2 Preview

For the second quarter results, Kotak Institutional Equities (KIE) anticipates a 57.8% YoY jump in profit after tax to ₹1974.6 crore, compared with ₹1251.1 crore in the September quarter last year.

Net interest income could grow by 37.8% YoY to ₹3470.4 crore in Q2 FY26 compared with ₹2518 crore in Q2 FY25.

"We expect loan book growth to remain strong at 10% QoQ (7-11% QoQ in the previous four quarters) following a sharp 20% QoQ rise in gold prices. NIM will likely moderate to 11% (12% in 1QFY26), as the base period had elevated yields from recoveries from loans sold to ARC," said the brokerage.

Muthoot Finance Share Price Trend

Muthoot Finance shares traded flat on Friday despite weakness in the Indian stock market. The NBFC stock has jumped 38% in the last six months, while the scrip has gained 75% in a year.

On a longer time frame of five years, Muthoot Finance shares have gained 154% while it has rallied a whopping 1686% over 10 years.

As of 12.10 pm, Muthoot Finance shares traded at ₹3184.35, up 0.10% on the BSE.

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