INTEGRATED FILING — NBFC



General information about company

Scrip code 544055
NSE Symbol MUTHOOTMF
MSEI Symbol NOTLISTED
ISIN INE046W01019
Name of company MUTHOOT MICROFIN LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 05-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 08-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment MFI
Start date and time of board meeting 05-11-2025   15:30:00
End date and time of board meeting 05-11-2025   17:20:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 05-11-2024
Indicate Company website link for updated RPT policy of the Company https://muthootmicrofin.com/wp-content/uploads/2025/05/Policy-on-Materiality-and-Dealing-with-Related-Party-Transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no instance of default on Loans or debt securities which requires disclosure for the quarter ended September 30, 2025


Financial Results — NBFC

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations
(i) Interest Income 53,578.80 1,05,449.40
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 0.00
(iv) Fees and commission Income 2,336.60 3,401.80
(v) Net gain on fair value changes 1,254.40 3,542.40
(vi) Net gain on derecognition of financial instruments under amortised cost category 0.00 0.00
(vii) Sale of products (including Excise Duty) 0.00 0.00
(viii) Sale of services 92.60 161.30
(ix) Other revenue from operations
1 Income on investments 370.40 940.10
Total other revenue from operations 370.40 940.10
Total Revenue From Operations 57,632.80 1,13,495.00
Other income 106.30 150.00
Total income 57,739.10 1,13,645.00
2 Expenses
Cost of materials consumed 0.00 0.00
Purchases of stock-in-trade 0.00 0.00
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
Employee benefit expense 15,491.80 30,715.30
Finance costs 21,130.80 42,106.50
Depreciation, depletion and amortisation expense 1,102.10 2,202.30
Fees and commission expense 494.50 1,050.20
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 735.90
Impairment on financial instruments 11,185.30 23,723.60
(f) Other expenses
1 Other Expenses 4,623.70 8,824.20
Total other expenses 4,623.70 8,824.20
Total expenses 54,028.20 1,09,358.00
3 Total profit before exceptional items and tax 3,710.90 4,287.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 3,710.90 4,287.00
7 Tax expense
8 Current tax 0.00 0.00
9 Deferred tax 658.90 616.60
10 Total tax expenses 658.90 616.60
11 Net Profit Loss for the period from continuing operations 3,052.00 3,670.40
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
17 Net profit (loss) from discontinued operation after tax 0.00 0.00
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
15 Total profit (loss) for period 3,052.00 3,670.40
16 Other comprehensive income net of taxes 2,538.10 2,743.10
17 Total Comprehensive Income for the period 5,590.10 6,413.50
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 16,759.70 16,759.70
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 1.82 2.19
Diluted earnings per share from continuing operations 1.79 2.15
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share 1.82 2.19
Diluted earnings per share 1.79 2.15
23 Debt equity ratio 3.1400 3.1400
24 Debt service coverage ratio 0.0 0.0
25 Interest service coverage ratio 0.0 0.0
26 Disclosure of notes on financial results


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 4,287.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 42,106.50
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 1,213.80
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 5,923.50
Adjustments for decrease (increase) in other non-current assets 19.40
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (41,840.30)
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 141.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 114.40
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 2,202.30
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 25,095.30
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 1,132.20
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains 0.00
Adjustments for dividend income 0.00
Adjustments for interest income 30.90
Adjustments for share-based payments 3,343.20
Adjustments for fair value losses (gains) (3,639.60)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (940.10)
Other adjustments to reconcile profit (loss) (313.50)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 34,527.20
Net cash flows from (used in) operations 38,814.20
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 2,387.50
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 36,426.70
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 1,44,879.90
Other cash payments to acquire equity or debt instruments of other entities 1,52,690.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 15.90
Purchase of property, plant and equipment 616.30
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (6,635.60)
Net cash flows from (used in) investing activities (15,046.10)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 3,62,785.60
Repayments of borrowings 3,52,962.50
Payments of lease liabilities 2,005.60
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities 7,817.50
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 29,198.10
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents 29,198.10
Cash and cash equivalents cash flow statement at beginning of period 69,725.30
Cash and cash equivalents cash flow statement at end of period 98,923.40




Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 98,923.10
Bank Balance other than (a) above 51,111.60
Derivative financial instruments 7,177.20
Receivables
(I) Trade Receivables 1,370.80
(II) Other Receivables 4,509.00
Loans 8,92,779.40
Investments 44,141.30
Other Financial assets 8,228.70
Total Financial Assets 11,08,241.10
2 Non Financial Asset
Inventories 0.00
Current tax assets (Net) 10,409.20
Deferred tax Assets (Net) 7,842.80
Investment Property 0.00
Biological assets other than bearer plants 0.00
Property, Plant and Equipment 7,408.50
Capital work-in-progress 0.00
Intangible assets under development 0.00
Goodwill 0.00
Other Intangible assets 48.60
Other non-financial assets (to be specified) 15,324.30
Total Non Financial Assets 41,033.40
Total assets 11,49,274.50
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 16,759.70
Other equity 2,53,443.40
Total equity attributable to owners of parent 2,70,203.10
Non controlling interest
Total equity 2,70,203.10
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 0.00
(b) Payables 0.00
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 2,023.40
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0.00
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 84.90
(C ) Debt Securities 56,086.30
(d) Borrowings (Other than Debt Securities) 7,92,631.90
(e) Deposits 0.00
(f) Subordinated Liabilities 0.00
(g) Other financial liabilities 25,248.10
Total Financial Liabilities 8,76,074.60
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 0.00
(b) Provisions 1,969.90
(C ) Deferred tax liabilities (Net) 0.00
(d) Other non-financial liabilities 1,026.90
Total Non Financial Liabilities 2,996.80
Total liabilities 8,79,071.40
Total equity and liabilites 11,49,274.50
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of gain/ (loss) on defined benefit plan (net) -17000000 -21650000
Total Amount of items that will not be reclassified to profit and loss -17000000 -21650000
2 Income tax relating to items that will not be reclassified to profit or loss (42.80) (54.50)
3 Amount of items that will be reclassified to profit and loss
1 Remeasurement of financial assets carried at fair value through OCI 64130000 117100000
2 Net movement on effective portion of Cashflow hedge 310140000 275420000
3 Fair value change in FVOCI Debt Securities -18100000 -4310000
Total Amount of items that will be reclassified to profit and loss 356170000 388210000
4 Income tax relating to items that will be reclassified to profit or loss 896.40 977.00
5 Total Other comprehensive income 2,538.10 2,743.10




Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Purchase of goods or services Nil 221.30 41.30 32.40
2 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Any other transaction Travelling expense Nil 0.70 0.00 0.00
3 Muthoot Microfin Limited Muthoot Exim Private Limited A private company in which the relatives of directors are the members / directors Sale of goods or services Nil 30.70 5.90 2.30
4 Muthoot Microfin Limited Muthoot Pappachan Technologies Limited A subsidiary of the holding company Purchase of goods or services Nil 60.00 0.00 0.00
5 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Any other transaction Rent Payment Nil 7.80 1.40 1.40
6 Muthoot Microfin Limited Thomas Muthoot Director Any other transaction Rent Payment Nil 17.30 3.00 3.10
7 Muthoot Microfin Limited Thomas George Muthoot Director Any other transaction Rent Payment Nil 38.40 6.90 6.90
8 Muthoot Microfin Limited Thomas John Muthoot Director Any other transaction Rent Payment Nil 9.70 1.70 1.80
9 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Any other transaction Rent Deposit Nil 0.60 2.90 2.40
10 Muthoot Microfin Limited Thomas Muthoot Director Any other transaction Rent Deposit Nil 0.00 1.80 1.80
11 Muthoot Microfin Limited Thomas George Muthoot Director Any other transaction Rent Deposit Nil 0.00 1.00 1.00
12 Muthoot Microfin Limited Thomas John Muthoot Director Any other transaction Rent Deposit Nil 0.00 0.80 0.80
13 Muthoot Microfin Limited Alok Prasad Independent Director Any other transaction Sitting Fee Nil 5.80 0.00 0.00
14 Muthoot Microfin Limited Bhama Krishnamurthy Independent Director Any other transaction Sitting Fee Nil 5.20 0.00 0.00
15 Muthoot Microfin Limited Pushpy B Muricken Independent Director Any other transaction Sitting Fee Nil 4.20 0.00 0.00
16 Muthoot Microfin Limited T S Vijayan Independent Director Any other transaction Sitting Fee Nil 4.60 0.00 0.00
17 Muthoot Microfin Limited Anil Sreedhar Independent Director Any other transaction Sitting Fee Nil 4.00 0.00 0.00
18 Muthoot Microfin Limited Muthoot Pappachan Foundation A Public trust in which the Directors are trustees Any other transaction Conducting CSR Activities Nil 0.00 258.10 426.80
19 Muthoot Microfin Limited The Thinking Machine Media Private Limited A private company in which the director is a member and director Investment Nil 0.00 4.50 4.50
20 Muthoot Microfin Limited Sadaf Sayeed Chief Executive Officer Remuneration Nil 301.80 0.00 0.00
21 Muthoot Microfin Limited Praveen T Chief Financial Officer Remuneration Nil 69.50 0.00 0.00
22 Muthoot Microfin Limited Neethu Ajay Company Secretary and Compliance Officer Remuneration Nil 42.70 0.00 0.00
23 Muthoot Microfin Limited Thomas Muthoot John Independent Director Remuneration Nil 46.70 0.00 0.00
24 Muthoot Microfin Limited Hannah Muthoot Chief Strategy Officer Remuneration Nil 17.20 0.00 0.00
Total value of transaction during the reporting period 888.20