Muthoot MCred Strengthens Growth Momentum in FY26;
FinTech BizNews Service
Mumbai, 21 May 2026: Muthoot MCred Limited (formerly known as Muthoottu Mini Financiers Limited), one of India’s trusted gold loan NBFCs, announced its audited financial results for the quarter and financial year ended March 31, 2026, reporting strong growth across profitability, Assets Under Management (AUM), and operational performance.
P. E. Mathai, Chief Executive Officer, Muthoot MCred
The Company delivered exceptional growth during FY26, with Profit After Tax (PAT) rising by 88% year-on-year to Rs176.90 crore, compared to Rs94.18 crore in FY25. Assets Under Management (AUM) also witnessed a strong surge of nearly 60%, reaching Rs6,625.07 crore as of March 31, 2026, reflecting sustained portfolio expansion, strong customer demand, and the Company’s continued focus on scalable and responsible growth. The strong financial performance further reinforces Muthoot MCred’s growing market presence and operational strength in the gold loan NBFC sector.
Total income for the year stood at Rs1,113.21 crore, compared to Rs815.15 crore in the previous financial year, reflecting sustained business momentum, portfolio expansion, continued branch-level business growth and operational efficiency.
Assets Under Management (AUM) stood at Rs6,625.07 crore as of March 31, 2026, reflecting continued expansion of the Company’s secured lending portfolio and disciplined scale-up across markets.
For Q4 FY26, the Company reported total income of Rs337.24 crore, compared to Rs219.70 crore in Q4 FY25. Net profit for the quarter stood at Rs62.97 crore as against Rs19.52 crore in the corresponding quarter of the previous financial year.
Compared to the same quarter last year, total income increased by 53.50%, while quarterly profit after tax grew by over 222%, reflecting strong portfolio growth, improved operating leverage, and continued focus on asset quality and profitability.
FY26 marked a significant milestone year for Muthoot MCred Limited, driven by strong growth across all key business parameters. The Company recorded robust expansion in Assets Under Management (AUM), profitability, branch network, and operational performance, reflecting the strength of its scalable business model and customer-centric approach. AUM crossed ₹6,625.07 crore, while Profit After Tax surged to ₹176.90 crore with an impressive 88% year-on-year growth. The Company also strengthened its nationwide presence by expanding its branch network to 994 branches as on 31.03.2026 across India, further enhancing accessibility and customer reach. Supported by strong asset quality, disciplined risk management, and continued focus on operational excellence, Muthoot MCred continues to reinforce its position as one of India’s fastest-growing gold loan NBFCs.
Key Performance Highlights – FY26
• Assets Under Management (AUM): Rs6,625.07 crore as of March 31, 2026
• Total Income (FY26): Rs1,113.21 crore, registering 36.57% year-on-year growth
• Profit After Tax (FY26): Rs176.90 crore, reflecting 87.84% year-on-year growth
• Q4 FY26 Total Income: Rs337.24 crore, marking 53.50% YoY growth
• Q4 FY26 Profit After Tax: Rs62.97 crore, up 222.67% YoY
• Asset Quality: Gross NPA stood at 0.62%, while Net NPA stood at 0.26% as of March 31, 2026, reflecting one of the best asset quality levels in the industry.
Mr. Mathew Muthoottu, Managing Director, Muthoot MCred Limited, said, “FY26 has been a defining year for Muthoot MCred as we continued to strengthen our institutional foundation while delivering robust financial performance. The strong growth in profitability and AUM reflects the resilience of our business model, disciplined portfolio management, and the trust placed in us by our customers and stakeholders. As we continue to scale, our focus remains on sustainable growth, governance excellence, and responsible lending.”
Mr. P. E. Mathai, Chief Executive Officer, Muthoot MCred Limited, added, “The Company’s performance during FY26 demonstrates the strength of our operational execution and risk management practices. We remain committed to enhancing customer experience through technology-led processes while maintaining strong asset quality and prudent capital management. With a strengthened balance sheet and expanding market presence, we are well-positioned for the next phase of growth.”
With a strengthened corporate identity, expanding portfolio base, and continued emphasis on operational excellence, Muthoot MCred Limited remains committed to delivering sustainable value to customers, investors, and all stakeholders.
