Muthoot Capital Services Limited — Investor Meet, 24-01-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Muthoot Capital Services reported Q3 FY26 disbursements of INR 626 Cr. AUM grew to INR 3,399 Cr, with the self-sourced portfolio up 42% YoY. GNPA stood at 5.93%, but slippages improved to 0.65%. Management emphasized a pivot to higher-yield own sourcing, reducing co-lending. New tech for collections and underwriting, alongside new products like construction equipment finance, target INR 10,000 Cr AUM by 2028. PCR reduced to 50% after an ECL model review. Despite past profit challenges, leadership expresses strong commitment to improving asset quality, efficiency, and delivering profitable growth.