Mufin Green Finance Limited (IN:MUFIN)
:MUFIN
Want to see IN:MUFIN full AI Analyst Report?
Top Page
Mufin Green Finance Limited
(MUFIN)
Select Model
Select Model
Rating:66Neutral
Price Target:
₹111.00
▼(-9.17% Downside)
Action:Downgraded
Date:11/01/25
Mufin Green Finance Limited's stock score is primarily driven by strong technical momentum, despite overbought signals, and solid financial performance marked by revenue growth and operational efficiency. However, high debt levels, negative cash flow, and a high P/E ratio suggest caution due to potential financial risks and overvaluation.
Positive Factors
Revenue Growth
Sustained ~26% revenue growth indicates the company is expanding its loan book and market penetration in EV financing. Durable top-line growth supports scale benefits, strengthens interest income generation, and underpins longer-term franchise value in the green mobility niche.
Negative Factors
High Leverage
Heavy reliance on external debt increases refinancing and interest-rate sensitivity for an NBFC where cost of funds drives margins. Elevated leverage can constrain strategic flexibility, magnify losses during stress, and elevate funding risk over the next several months if market conditions tighten.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained ~26% revenue growth indicates the company is expanding its loan book and market penetration in EV financing. Durable top-line growth supports scale benefits, strengthens interest income generation, and underpins longer-term franchise value in the green mobility niche.
Read all positive factors
Mufin Green Finance Limited (MUFIN) vs. iShares MSCI India ETF (INDA)
Market Cap
₹20.13B
Dividend YieldN/A
Average Volume (3M)42.44K
Price to Earnings (P/E)71.5
Beta (1Y)1.06
Revenue Growth25.92%
EPS Growth-5.90%
CountryIN
Employees481
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)1.09
Shares Outstanding173,231,430
10 Day Avg. Volume36,608
30 Day Avg. Volume42,443
Financial Highlights & Ratios
PEG Ratio4.25
Price to Book (P/B)4.33
Price to Sales (P/S)6.57
P/FCF Ratio-7.61
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Mufin Green Finance Limited Business Overview & Revenue Model
Company Description
Mufin Green Finance Limited operates as a non-deposit taking non-banking financial company in India. It offers various loans for electric vehicles, electric charging infrastructure, and swappable batteries. The company also provides operating or f...
How the Company Makes Money
null...
Mufin Green Finance Limited Financial Statement Overview
Summary
Income Statement
75
Positive
Balance Sheet
65
Positive
Cash Flow
60
Neutral
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.99B | 1.78B | 902.71M | 330.88M | 152.56M | 54.91M |
| Gross Profit | 570.28M | 466.63M | 295.43M | 190.70M | 149.00M | 50.78M |
| EBITDA | 238.83M | 299.31M | 239.51M | 127.31M | 128.38M | 225.78M |
| Net Income | 186.91M | 192.43M | 160.62M | 81.17M | 108.82M | 198.74M |
Balance Sheet | ||||||
| Total Assets | 12.38B | 10.33B | 9.26B | 3.95B | 1.03B | 927.13M |
| Cash, Cash Equivalents and Short-Term Investments | 1.43B | 1.50B | 2.74B | 201.48M | 192.34M | 33.66M |
| Total Debt | 8.63B | 7.14B | 6.40B | 1.91B | 3.44M | 4.31M |
| Total Liabilities | 9.21B | 7.64B | 6.81B | 2.42B | 12.87M | 19.88M |
| Stockholders Equity | 3.18B | 2.70B | 2.44B | 1.54B | 1.02B | 907.24M |
Cash Flow | ||||||
| Free Cash Flow | -1.75B | -1.53B | -3.61B | -1.75B | -591.17M | 22.97M |
| Operating Cash Flow | -1.73B | -1.53B | -3.59B | -1.75B | -584.25M | 22.97M |
| Investing Cash Flow | -549.50M | 902.05M | -570.15M | -854.28M | 674.09M | 78.26M |
| Financing Cash Flow | 1.84B | 666.50M | 4.86B | 2.69B | -2.03M | -102.89M |
Mufin Green Finance Limited Technical Analysis
Positive
122.20
Price Trends
109.05
Positive
112.47
Positive
104.77
Positive
Market Momentum
1.53
Positive
60.90
Neutral
42.39
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MUFIN, the sentiment is Positive. The current price of 122.2 is above the 20-day moving average (MA) of 115.69, above the 50-day MA of 109.05, and above the 200-day MA of 104.77, indicating a bullish trend. The MACD of 1.53 indicates Positive momentum. The RSI at 60.90 is Neutral, neither overbought nor oversold. The STOCH value of 42.39 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MUFIN.
Mufin Green Finance Limited Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | ₹24.07B | 4.63 | ― | ― | 22.27% | 78.47% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ₹20.13B | 71.53 | ― | ― | 25.92% | -5.90% | |
59 Neutral | ₹30.35B | 24.60 | ― | ― | -3.48% | ― | |
48 Neutral | ₹29.46B | 136.87 | ― | ― | -26.86% | 99.25% | |
47 Neutral | ₹22.82B | -2.02 | ― | ― | -56.02% | 33.35% |
* Financial Sector Average
IN:MUFIN
Mufin Green Finance Limited
119.10
37.41
45.80%
IN:FUSION
Fusion Finance Ltd
186.65
14.05
8.14%
IN:MUTHOOTMF
Muthoot Microfin Ltd
181.30
51.05
39.19%
IN:SATIN
Satin Creditcare Network Ltd
222.10
55.75
33.51%
IN:SPANDANA
Spandana Sphoorty Financial Ltd.
256.70
-16.05
-5.88%
IN:MONEYBOXX
MoneyBoxx Finance Ltd.
72.91
-31.27
-30.02%
Mufin Green Finance Limited Corporate Events
Mufin Green Finance boosts capital with Rs 98-per-share preferential issue
Mar 4, 2026
Mufin Green Finance Limited has completed a significant capital raise through a preferential issue, allotting 24,930,765 fully paid equity shares and 7,653,061 warrants at an issue price of Rs 98 per instrument. The issue was approved by the board...
Mufin Green Finance Clarifies Status of Assam Government Loan Empanelment
Mar 3, 2026
Mufin Green Finance Limited has clarified details of a recent announcement about being empanelled to offer instant loans to Government of Assam employees, explaining that a Letter of Intent was actually issued to its partner InstaPe Synergies unde...
Mufin Green Finance Taps Assam HRMS to Offer Instant Loans to Over 5 Lakh State Employees
Mar 1, 2026
Mufin Green Finance Limited has been empanelled by the Government of Assam to provide instant loans to more than 500,000 state government employees through direct integration with the state’s Human Resource Management System platform. The HR...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.