INTEGRATED FILING — NBFC



General information about company

Scrip code 542774
NSE Symbol MUFIN
MSEI Symbol NOTLISTED
ISIN INE08KJ01020
Name of company Mufin Green Finance Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 05-11-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-10-2026
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 Consolidated
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 Investment and Credit
Start date and time of board meeting 05-11-2026   15:30:00
End date and time of board meeting 05-11-2026   16:35:00
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


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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations
(i) Interest Income 8,617.86 16,261.92
(ii) Dividend Income 0.00 0.00
(iii) Rental Income 0.00 4.34
(iv) Fees and commission Income 0.00 0.00
(v) Net gain on fair value changes (0.77) 0.29
(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 0.00 0.00
(ix) Other revenue from operations
1 Net gain on sale of Investments 0.89 3.96
2 Other operating Revenue 49.96 83.62
Total other revenue from operations 50.85 87.58
Total Revenue From Operations 8,667.94 16,354.13
Other income 290.45 318.28
Total income 8,958.39 16,672.41
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 634.49 1,212.81
Finance costs 5,290.54 9,418.41
Depreciation, depletion and amortisation expense 68.33 128.92
Fees and commission expense 0.00 0.00
Net loss on fair value changes 0.00 0.00
Net loss on derecognition of financial instruments under amortised cost category 0.00 0.00
Impairment on financial instruments 228.21 517.05
(f) Other expenses
1 Other Expenses 789.58 1,566.43
Total other expenses 789.58 1,566.43
Total expenses 7,011.15 12,843.62
3 Total profit before exceptional items and tax 1,947.24 3,828.79
4 Exceptional items 0.00 0.00
5 Total profit before tax 1,947.24 3,828.79
7 Tax expense
8 Current tax 470.81 959.24
9 Deferred tax (29.80) (37.80)
10 Total tax expenses 441.01 921.44
11 Net Profit Loss for the period from continuing operations 1,506.23 2,907.35
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 1,506.23 2,907.35
16 Other comprehensive income net of taxes 380.22 76.61
17 Total Comprehensive Income for the period 1,886.45 2,983.96
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
20 Details of equity share capital
Paid-up equity share capital 1,981.62 1,981.62
Face value of equity share capital 1 1
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations 0.76 1.47
Diluted earnings per share from continuing operations 0.75 1.45
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 0.76 1.47
Diluted earnings per share 0.75 1.45
23 Debt equity ratio 288.6800 288.6800
24 Debt service coverage ratio
25 Interest service coverage ratio
26 Disclosure of notes on financial results Textual Information(1)


Remarks

23 Debt equity ratio Being an NBFC the ratio is within the prescribed limits issued by RBI Master Directions.
24 Debt service coverage ratio
25 Interest service coverage ratio


Text Block

Textual Information(1) 1. The above unaudited consolidated financial results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on November 05, 2026. 2. The above consolidated financial results of Mufin Green Finance Limited (hereinafter referred to as the Holding Company or ''the Company'') and its Subsidiary (together referred to as a group) for the quarter and half year ended September 30, 2026, have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in accordance with the requirements of Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. The Statutory Auditors of the Company have carried out limited review of the aforesaid consolidated financial results. 3. The above consolidated financial results for the year ended March 31, 2026 are not comparable with those of the previous periods and corresponding quarters, as Mufin Green Infra Limited ceased to be a subsidiary of the Company with effect from December 25, 2025. 4. These Consolidated financial results are available under Investors section of our website at www.mufingreenfinance.com and under Financial Results at Corporate section of www.bseindia.com and www.nseindia.com.


Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 3,828.79
Adjustments for reconcile profit (loss)
Adjustments for finance costs 9,396.94
Adjustments for decrease (increase) in inventories 0.00
Adjustments for decrease (increase) in trade receivables, current 0.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 157.23
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current (1,077.43)
Adjustments for other bank balances (238.21)
Adjustments for increase (decrease) in trade payables, current 0.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (181.59)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 128.92
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 517.05
Adjustments for provisions, current 0.00
Adjustments for provisions, non-current 97.34
Adjustments for other financial liabilities, current (1,185.88)
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 15,947.87
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (0.29)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) 0.00
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) (8,333.79)
Net cash flows from (used in) operations (4,505.00)
Dividends received 0.00
Interest paid 7,684.48
Interest received 15,353.32
Income taxes paid (refund) 467.82
Other inflows (outflows) of cash (22,204.13)
Net cash flows from (used in) operating activities (19,508.11)
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 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
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 71.71
Purchase of property, plant and equipment 2.06
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 714.83
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 (18,534.59)
Net cash flows from (used in) investing activities (19,179.77)
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 17.74
Proceeds from issuing debentures notes bonds etc 29,158.43
Proceeds from borrowings 30,762.70
Repayments of borrowings 24,322.45
Payments of lease liabilities 80.76
Dividends paid 0.00
Interest paid 0.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (2,875.00)
Net cash flows from (used in) financing activities 32,660.66
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (6,027.22)
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 (6,027.22)
Cash and cash equivalents cash flow statement at beginning of period 14,916.53
Cash and cash equivalents cash flow statement at end of period 8,889.31




Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Finanical Asset
Cash and cash equivalents 8,889.31
Bank Balance other than (a) above 12,877.62
Derivative financial instruments 2,884.79
Receivables
(I) Trade Receivables
(II) Other Receivables
Loans 1,75,414.14
Investments 29,352.90
Other Financial assets
1 Other Financial assets 5,895.31
Total of Other Financial assets 5,895.31
Total Financial Assets 2,35,314.07
2 Non Financial Asset
Inventories 0.00
Current tax assets (Net)
Deferred tax Assets (Net)
Investment Property
Biological assets other than bearer plants
Property, Plant and Equipment 162.85
Capital work-in-progress
Intangible assets under development 703.59
Goodwill 0.00
Other Intangible assets 302.51
Other non-financial assets
1 Other non-financial assets 3,206.55
Total of Other non-financial assets 3,206.55
Total Non Financial Assets 4,375.50
Total assets 2,39,689.57
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,981.62
Other equity 58,489.38
Total equity attributable to owners of parent 60,471.00
Non controlling interest
Total equity 60,471.00
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments
(b) 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
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises
(C ) Debt Securities 81,616.59
(d) Borrowings (Other than Debt Securities) 92,953.93
(e) Deposits
(f) Subordinated Liabilities
Other financial liabilities
1 Other financial liabilities 2,695.90
Total of Other financial liabilities 2,695.90
Total Financial Liabilities 1,77,266.42
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 494.19
(b) Provisions 214.29
(C ) Deferred tax liabilities (Net) 1,138.22
Other non-financial liabilities
1 Other non-financial liabilities 105.45
Total of Other non-financial liabilities 105.45
Total Non Financial Liabilities 1,952.15
Total liabilities 1,79,218.57
Total equity and liabilites 2,39,689.57
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
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 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit and loss 348000 696000
Total Amount of items that will not be reclassified to profit and loss 348000 696000
2 Income tax relating to items that will not be reclassified to profit or loss 0.87 1.75
3 Amount of items that will be reclassified to profit and loss
1 Items that will be reclassified to profit and loss 50462000 9542000
Total Amount of items that will be reclassified to profit and loss 50462000 9542000
4 Income tax relating to items that will be reclassified to profit or loss 127.01 24.02
5 Total Other comprehensive income 380.22 76.61