Muthoot Capital Services Ltd. (IN:MUTHOOTCAP)
:MUTHOOTCAP
Top Page
Muthoot Capital Services Ltd.
(MUTHOOTCAP)
Select Model
Select Model
Rating:43Neutral
Price Target:
₹175.00
▼(-36.58% Downside)
Action:ReiteratedDate:03/10/26
The score is driven down primarily by weak financial performance (large revenue decline, high leverage, and negative cash flows) and bearish technicals (price below all key moving averages with negative MACD). A mid-range P/E provides some support, but not enough to offset the fundamental and trend risks.
Positive Factors
Focused vehicle finance franchise
Muthoot Capital’s focused vehicle retail-lending franchise and branch/channel distribution create predictable origination capabilities and recurring interest income. A branch-led, asset-backed model tends to produce stable customer relationships and repeat business, supporting scalable loan disbursements over time.
Negative Factors
High leverage
A debt-to-equity ratio of 4.27 indicates material leverage, limiting financial flexibility and amplifying refinancing and interest-rate risk. High leverage increases vulnerability to funding shocks and can constrain strategic investments or portfolio growth if access to borrowings tightens.
Read all positive and negative factors
Positive Factors
Negative Factors
Focused vehicle finance franchise
Muthoot Capital’s focused vehicle retail-lending franchise and branch/channel distribution create predictable origination capabilities and recurring interest income. A branch-led, asset-backed model tends to produce stable customer relationships and repeat business, supporting scalable loan disbursements over time.
Read all positive factors
Muthoot Capital Services Ltd. (MUTHOOTCAP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.02B
Dividend YieldN/A
Average Volume (3M)3.06K
Price to Earnings (P/E)14.7
Beta (1Y)1.29
Revenue Growth40.61%
EPS Growth-64.65%
CountryIN
Employees1,995
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)4.65
Shares Outstanding16,447,533
10 Day Avg. Volume1,400
30 Day Avg. Volume3,063
Financial Highlights & Ratios
PEG Ratio-0.14
Price to Book (P/B)0.62
Price to Sales (P/S)0.89
P/FCF Ratio-0.37
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
Muthoot Capital Services Ltd. Business Overview & Revenue Model
Company Description
Muthoot Capital Services Limited, a non-banking finance company (NBFC), provides fund and non-fund based financial services. The company offers two wheeler, used car, secured business, and loyalty loans; short-term and long-term deposit plans; and...
How the Company Makes Money
Muthoot Capital Services Ltd. makes money primarily through interest income earned on its loan portfolio. The core revenue model is to raise funds (typically via borrowings and other funding sources available to NBFCs) and lend those funds to cust...
Muthoot Capital Services Ltd. Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
50
Neutral
Cash Flow
30
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 5.55B | 4.63B | 3.79B | 4.30B | 3.97B | 4.93B |
| Gross Profit | 2.98B | 2.52B | 1.73B | 2.09B | 1.88B | 2.73B |
| EBITDA | 1.89B | 1.86B | 2.37B | 1.69B | -1.64B | 1.52B |
| Net Income | 171.31M | 457.46M | 1.23B | 786.79M | -1.62B | 514.60M |
Balance Sheet | ||||||
| Total Assets | 37.31B | 35.85B | 23.14B | 24.35B | 20.99B | 25.60B |
| Cash, Cash Equivalents and Short-Term Investments | 3.06B | 4.00B | 3.21B | 5.50B | 3.34B | 6.05B |
| Total Debt | 29.49B | 28.12B | 16.27B | 18.54B | 15.65B | 18.92B |
| Total Liabilities | 30.74B | 29.26B | 17.02B | 19.46B | 16.87B | 20.00B |
| Stockholders Equity | 6.57B | 6.58B | 6.12B | 4.89B | 4.11B | 5.60B |
Cash Flow | ||||||
| Free Cash Flow | -2.46B | -11.01B | -872.68M | -470.00M | 731.70M | 6.69B |
| Operating Cash Flow | -2.46B | -10.97B | -824.88M | -464.12M | 732.90M | 6.70B |
| Investing Cash Flow | -63.99M | -76.50M | -630.82M | -165.99M | -93.90M | 13.20M |
| Financing Cash Flow | 1.36B | 12.20B | -2.51B | 2.72B | -3.11B | -4.16B |
Muthoot Capital Services Ltd. Technical Analysis
Negative
275.95
Price Trends
224.10
Negative
249.48
Negative
271.98
Negative
Market Momentum
-11.58
Positive
32.13
Neutral
35.10
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MUTHOOTCAP, the sentiment is Negative. The current price of 275.95 is above the 20-day moving average (MA) of 202.12, above the 50-day MA of 224.10, and above the 200-day MA of 271.98, indicating a bearish trend. The MACD of -11.58 indicates Positive momentum. The RSI at 32.13 is Neutral, neither overbought nor oversold. The STOCH value of 35.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:MUTHOOTCAP.
Muthoot Capital Services Ltd. Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
66 Neutral | ₹1.32T | 13.64 | ― | 0.68% | 41.32% | 56.12% | |
65 Neutral | ₹31.23B | 12.44 | ― | 0.29% | 11.75% | -6.52% | |
50 Neutral | ₹29.50B | 98.87 | ― | ― | -5.36% | 469.19% | |
49 Neutral | ₹214.78B | 27.09 | ― | 0.80% | -3.68% | -80.12% | |
48 Neutral | ₹17.26B | -5.67 | ― | ― | -45.13% | -1646.01% | |
43 Neutral | ₹3.02B | 14.73 | ― | ― | 40.61% | -64.65% |
* Financial Sector Average
IN:MUTHOOTCAP
Muthoot Capital Services Ltd.
183.65
-66.40
-26.55%
IN:INDOSTAR
IndoStar Capital Finance Limited
182.60
-122.55
-40.16%
IN:MANAPPURAM
Manappuram Finance Limited
253.75
22.97
9.95%
IN:MUTHOOTFIN
Muthoot Finance Ltd
3,276.70
968.64
41.97%
IN:PAISALO
Paisalo Digital Ltd.
34.34
0.23
0.67%
IN:SPANDANA
Spandana Sphoorty Financial Ltd.
194.75
-37.82
-16.26%
Muthoot Capital Services Ltd. Corporate Events
Muthoot Capital Raises ₹88.68 Crore via Sixth Securitization of Two-Wheeler Loans in FY26
Mar 2, 2026
Muthoot Capital Services Ltd. has completed a securitization transaction by assigning a pool of two-wheeler loan receivables totaling about ₹93.55 crore, raising roughly ₹88.68 crore in multiple tranches on March 2, 2026. This marks th...
Muthoot Capital Raises ₹94.86 Crore via Direct Assignment of Two-Wheeler Loans
Feb 27, 2026
Muthoot Capital Services has completed a direct assignment transaction of its two-wheeler loan receivables, assigning a pool of non-priority sector loans worth about ₹105.40 crore and raising approximately ₹94.86 crore on 27 February 2...
Muthoot Capital Releases Q3 FY26 Earnings Call Transcript
Jan 24, 2026
Muthoot Capital Services Limited has released the transcript of its Q3 FY26 earnings conference call with investors, focused on the unaudited financial results for the quarter and nine months ended December 31, 2025. The company has submitted this...
Muthoot Capital Publishes Q3 and Nine-Month FY26 Unaudited Results in Newspapers
Jan 23, 2026
Muthoot Capital Services Ltd. has notified the stock exchanges that it has published its unaudited financial results for the quarter and nine months ended December 31, 2025, in the Business Standard (English) and Mangalam (Malayalam) newspapers, i...
Muthoot Capital Board Clears Q3 FY26 Results, Strengthens Audit and Risk Leadership
Jan 21, 2026
Muthoot Capital Services Ltd. has reported its unaudited financial results for the quarter and nine months ended 31 December 2025, as approved by its board of directors in a meeting held on 21 January 2026, and submitted the accompanying limited r...
Muthoot Capital Board Clears Q3 and Nine-Month FY26 Unaudited Results
Jan 21, 2026
Muthoot Capital Services Ltd., a Kochi-based NBFC focused on retail lending and capital market-related financial services, has its equity and multiple debt instruments listed on the BSE and NSE, reflecting its active presence in India’s list...
Muthoot Capital to Present Q3 and Nine-Month FY26 Results to Investors
Jan 21, 2026
Muthoot Capital Services Ltd. has announced that it will host an investors’ conference call on January 22, 2026 to discuss its unaudited financial results for the quarter and nine months ended December 31, 2025, and has circulated an accompa...
Muthoot Capital Raises ₹50 Crore via Short-Term Commercial Paper Issue
Jan 21, 2026
Muthoot Capital Services Ltd. has raised short-term funding by issuing commercial paper aggregating ₹50 crore on January 21, 2026, as disclosed to the stock exchanges under SEBI’s Listing Regulations. The 99-day instrument, carrying a ...
Muthoot Capital Strengthens Governance With New Chief Internal Auditor, CRO Reappointment
Jan 21, 2026
Muthoot Capital Services Ltd. has announced changes in its senior management, appointing chartered accountant Krishnaraj S as Chief Internal Auditor for a three-year term effective January 21–22, 2026, with responsibility for leading the int...
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.