Muthoot Microfin Limited — Investor Meet, 12-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Muthoot Microfin delivered a strong Q1 FY27, showcasing a strategic turnaround. Disbursements reached an all-time Q1 high of INR 2,644 Cr. Asset quality significantly improved, with 97.97% collection efficiency and the new portfolio (65% of AUM) showing minimal delinquencies.

The company is diversifying into individual loans, gold loans, and consumer durables, targeting high-credit-score customers. Cost of funds reduced to 10.13%, with an AA- rating expected to further reduce it to single digits. Muthoot Microfin revised AUM growth guidance to 20%, anticipating NIMs to expand to 12.5% and ROA to 3.3%. Management expresses confidence in achieving robust growth and improved profitability through product diversification and operational efficiency.