Muthoot Capital Services Limited — Investor Meet, 13-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Muthoot Capital Services (MCSL) discussed Q4 & FY26 financial results. Total AUM grew to INR3,441 Cr, with standalone MCSL AUM up 29% to INR2,758 Cr, driven by strong growth in CV and used car portfolios. Gross NPA stood at 6.96%, impacted by a one-time INR15.51 Cr corporate loan NPA; retail GNPA, excluding this, improved to 5.64%. Slippages also halved. Management highlighted significant investments in digital and AI transformation and portfolio diversification. MCSL targets INR3,000 Cr disbursements and INR4,000-4,500 Cr AUM for FY27, aiming for a 2-2.5% Pretax ROA. They plan to raise INR400 Cr equity, expressing confidence in foundational efforts for future value creation.