Want to see IN:MUTHOOTCAP full AI Analyst Report?
Top Page
Muthoot Capital Services Ltd.
(MUTHOOTCAP)
Select Model
Select Model
Rating:47Neutral
Price Target:
₹231.00
▼(-16.29% Downside)
Action:Reiterated
Date:05/12/26
The score is primarily weighed down by weakening profitability, high/rising leverage, and persistently negative operating/free cash flow. Technicals are neutral with some near-term support but a weaker long-term trend, while valuation (P/E ~26.4) is not compelling enough to offset the financial risk profile.
Positive Factors
Revenue Growth
Re-accelerating revenue indicates the company can scale originations and expand its loan book, supporting sustainable interest income growth. Over the next 2-6 months a stronger origination trend underpins net interest margins and capacity to absorb operating costs as volumes normalize.
Negative Factors
Margin Compression
A steep fall in net margin materially reduces return on assets and the business's capacity to absorb higher credit costs or elevated operating expenses. Persistent margin weakness undermines long-term profitability and raises the capital required to sustain growth.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Re-accelerating revenue indicates the company can scale originations and expand its loan book, supporting sustainable interest income growth. Over the next 2-6 months a stronger origination trend underpins net interest margins and capacity to absorb operating costs as volumes normalize.
Read all positive factors
Muthoot Capital Services Ltd. (MUTHOOTCAP) vs. iShares MSCI India ETF (INDA)
Market Cap
₹3.66B
Dividend YieldN/A
Average Volume (3M)3.06K
Price to Earnings (P/E)32.9
Beta (1Y)1.47
Revenue Growth23.27%
EPS Growth-20.86%
CountryIN
Employees1,995
SectorGeneral
Sector StrengthN/A
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)6.79
Shares Outstanding16,447,533
10 Day Avg. Volume1,400
30 Day Avg. Volume3,063
Financial Highlights & Ratios
PEG Ratio-0.35
Price to Book (P/B)0.44
Price to Sales (P/S)0.47
P/FCF Ratio-20.40
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 (MCSL) is a non-banking finance company (NBFC) that offers a broad spectrum of financial services, encompassing both funding and non-funding solutions. Its product portfolio includes various loan types, such as tho...
How the Company Makes Money
Muthoot Capital Services Ltd. primarily makes money by originating and servicing retail loans—most notably two-wheeler finance—and earning interest income over the life of these loans. Its core revenue stream is net interest income: (1) it raises ...
Muthoot Capital Services Ltd. Financial Statement Overview
Summary
Income Statement
56
Neutral
Balance Sheet
38
Negative
Cash Flow
27
Negative
| Breakdown | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 6.32B | 4.63B | 3.79B | 4.30B | 3.97B |
| Gross Profit | 3.03B | 2.52B | 1.73B | 2.09B | 1.88B |
| EBITDA | 229.34M | 1.86B | 2.37B | 1.69B | -1.64B |
| Net Income | 111.73M | 457.46M | 1.23B | 786.79M | -1.62B |
Balance Sheet | |||||
| Total Assets | 40.56B | 35.85B | 23.14B | 24.35B | 20.99B |
| Cash, Cash Equivalents and Short-Term Investments | 5.23B | 4.00B | 3.21B | 5.50B | 3.34B |
| Total Debt | 32.32B | 28.12B | 16.27B | 18.54B | 15.65B |
| Total Liabilities | 33.85B | 29.26B | 17.02B | 19.46B | 16.87B |
| Stockholders Equity | 6.70B | 6.58B | 6.12B | 4.89B | 4.11B |
Cash Flow | |||||
| Free Cash Flow | -144.34M | -11.02B | -118.70M | -470.00M | 731.70M |
| Operating Cash Flow | -36.78M | -10.97B | -70.90M | -464.12M | 732.90M |
| Investing Cash Flow | -3.40B | -74.52M | -630.82M | -165.99M | -93.90M |
| Financing Cash Flow | 4.67B | 12.20B | -2.51B | 2.72B | -3.11B |
Muthoot Capital Services Ltd. Technical Analysis
Neutral
275.95
Price Trends
206.79
Positive
205.78
Positive
236.05
Negative
Market Momentum
6.62
Negative
57.46
Neutral
66.33
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MUTHOOTCAP, the sentiment is Neutral. The current price of 275.95 is above the 20-day moving average (MA) of 214.70, above the 50-day MA of 206.79, and above the 200-day MA of 236.05, indicating a neutral trend. The MACD of 6.62 indicates Negative momentum. The RSI at 57.46 is Neutral, neither overbought nor oversold. The STOCH value of 66.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MUTHOOTCAP.
Muthoot Capital Services Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
65 Neutral | ₹1.20T | 11.33 | ― | 0.68% | 54.24% | 99.72% | |
58 Neutral | ₹236.14B | 14.21 | ― | ― | 34.64% | 316.68% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
55 Neutral | ₹40.93B | 40.55 | ― | ― | -3.48% | ― | |
54 Neutral | ₹43.42B | 17.81 | ― | ― | -6.77% | 70.81% | |
54 Neutral | ₹305.89B | 27.60 | ― | 0.80% | -5.36% | -17.52% | |
47 Neutral | ₹3.66B | 32.85 | ― | ― | 23.27% | -20.86% |
* General Sector Average
IN:MUTHOOTCAP
Muthoot Capital Services Ltd.
222.30
-126.90
-36.34%
IN:IIFL
IIFL Finance Limited
555.20
22.84
4.29%
IN:INDOSTAR
IndoStar Capital Finance Limited
268.70
-46.05
-14.63%
IN:MANAPPURAM
Manappuram Finance Limited
325.65
57.20
21.31%
IN:MUTHOOTFIN
Muthoot Finance Ltd
2,991.05
330.05
12.40%
IN:MUTHOOTMF
Muthoot Microfin Ltd
240.05
73.55
44.17%
Muthoot Capital Services Ltd. Corporate Events
Muthoot Capital Grants 268,979 ESOPs Under 2018 Scheme
Jul 15, 2026
Muthoot Capital Services Ltd. has approved a new grant of employee stock options under its MCSL Employee Stock Option Scheme 2018, signalling continued reliance on equity-based incentives to retain and motivate key staff. The Nomination and Remune...
Muthoot Capital to Raise ₹150 Crore via Secured NCD Issue
Jun 22, 2026
Muthoot Capital Services Ltd. has approved the issue and allotment of senior, secured, rated, listed, redeemable, taxable, transferable non-convertible debentures via private placement, aggregating up to ₹150 crore. The debentures, to be lis...
Muthoot Capital Raises ₹85 Crore via Second Securitization in FY 2026-27
Jun 8, 2026
Muthoot Capital Services Ltd. has completed a securitization transaction on June 8, 2026, raising about ₹85.11 crore in tranches through the assignment of receivables totaling approximately ₹90.55 crore. This marks the company’s ...
Muthoot Capital Raises ₹99.7 Crore via First FY27 Securitization of Two-Wheeler Loans
May 29, 2026
Muthoot Capital Services Ltd., a Kochi-based non-banking financial company specializing in two-wheeler financing, has executed a securitization transaction to monetize part of its loan book. The company continues to tap structured finance markets ...
Muthoot Capital Urges Physical Security Holders to Update KYC and Nomination
May 27, 2026
Muthoot Capital Services has informed stock exchanges that it has issued letters to all investors holding its securities in physical form, asking them to submit updated KYC details and nomination information to its registrar, Integrated Registry M...
Muthoot Capital Files ESOP Trust Deed for Employee Stock Option Scheme
May 22, 2026
Muthoot Capital Services Ltd. has notified the stock exchanges that it has executed and submitted the trust deed for the MCSL Employee Welfare Trust. The trust has been created to administer and implement the company’s MCSL Employee Stock Op...
Muthoot Capital Publishes FY26 Audited Results in Newspapers
May 10, 2026
Muthoot Capital Services Ltd. has notified the stock exchanges that its audited financial results for the quarter and financial year ended March 31, 2026, have been published in newspapers. The results have been carried in the English daily Busine...
Muthoot Capital files FY26 investor presentation with stock exchanges
May 8, 2026
Muthoot Capital Services Ltd. has released an investor presentation covering its financial and operational performance for the quarter and full financial year ended March 31, 2026. The presentation has been filed with both BSE and NSE in complianc...
Muthoot Capital posts FY26 audited results with clean audit and full compliance disclosures
May 8, 2026
Muthoot Capital Services Ltd. has reported its audited standalone financial results for the quarter and financial year ended 31 March 2026, which were approved by the board on 8 May 2026 after review by the audit committee. The statutory auditor, ...
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.