Muthoot FinCorp, the flagship non-banking financial company of the Muthoot Pappachan Group, reported strong growth across key financial metrics in the third quarter of FY26, with consolidated assets under management (AUM) rising to ₹64,279.48 crore and profit after tax (PAT) surging sharply year-on-year.
The company’s performance reflects robust loan demand, higher disbursements and improved profitability across business segments.
On a consolidated basis (Q3 FY26 vs Q3 FY25):
• Disbursements (including co-lending) rose 195.24 percent to ₹55,745.54 crore
• AUM increased 44.95 percent to ₹64,279.48 crore
• Loan assets grew 31.79 percent to ₹49,998.71 crore
• Revenue climbed 27.69 percent to ₹2,899.29 crore
• PAT jumped 142.29 percent to ₹553.23 crore
• Return on assets (ROA) improved to 3.22 percent, up 49 basis points
• Net NPA stood at 0.88 percent, up 10 basis points
The sharp rise in profitability indicates improved operational efficiency and better asset utilisation during the quarter.
On a standalone basis:
• Disbursements surged 219.36 percent to ₹52,961.35 crore
• AUM rose 63.36 percent to ₹48,122.22 crore
• Loan assets grew 44.60 percent to ₹37,288.42 crore
• Revenue increased 46.53 percent to ₹2,170.31 crore
• PAT rose 126.26 percent to ₹489.03 crore
• ROA improved to 4.01 percent, up 92 basis points
• Net NPA stood at 0.69 percent, up 9 basis points
The standalone numbers highlight strong core business momentum, particularly in gold loans and retail lending segments, which remain the backbone of the company’s portfolio.
The sharp rise in disbursements, including co-lending partnerships, underscores the company’s strategy to scale assets while diversifying funding sources. The improvement in ROA and earnings growth suggests better cost control and operating leverage.
The consolidated results include the performance of Muthoot FinCorp (MFL), Muthoot Microfin (MML) and Muthoot Housing Finance (MHFL).
With asset quality largely under control and profitability strengthening, Muthoot FinCorp appears to be entering a new phase of expansion, reinforcing its position among Kerala-based NBFC majors.