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NIFTY 5024,980.40+0.35%
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GOLD 24K (10g)₹75,420+0.38%
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Mufin Green Finance Limited

Mufin Green Finance Limited

NSE: MUFIN
Credit ServicesFinancial ServicesSMALL CAPMCap ₹2.74k Cr
₹138.35₹-1.19 (-0.85%)

Market Closed • NSE

Market cap₹2.74k Cr
Enterprise value₹3.92k Cr
P/E TTM66.84
P/B4.24
EPS TTM₹2.07
D/E2.43
Dividend yield0.00%
52W high₹142.50
52W low₹94.11
Price chart(1Y)
1Y Return:+12.98% (+₹15.89)
H: ₹142.5L: ₹119.56
1W+2.64%
1M+4.65%
3M+7.71%
6M+18.92%
1Y+42.63%
Today at a glance

Day range

₹137.83₹141.45

52 week range

₹94.11₹142.50
Volume762.2K0.74x 20D avg
Free float50.00%-25.50% volume

Mufin Green Finance Limited closed at INR138.35 (-0.85%) on volume 0.74x its 20-day average, trading 2.91% below its 52-week high.

Technical analysis
RSI (14)58.3Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹4.06Moderate
SMA 20₹133.89BULLISH
SMA 50₹135.12BULLISH
SMA 100₹131.42BULLISH
SMA 200₹122.20BULLISH
CPR bottom₹140.75
Pivot₹140.35
CPR top₹139.94
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +58.3% QoQ

2026-10-16

Trading Near 52-Week High

Currently trading within 2.91% of 52-week peak (INR142.5)

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹1.40k Cr₹2.74k Cr50.98%≤ 33%FAIL
Non-halal income ratio–₹207.6 Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.88k Cr₹2.03k Cr92.64%≥ 20%PASS
Receivables ratio–₹2.03k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E66.8416.50
Forward P/E——
P/B4.241.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield1.506.10
Growth & profitability
RevenuePAT
FY23PAT margin 24.50%
FY24PAT margin 17.80%
FY25PAT margin 10.80%
FY26PAT margin 13.60%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+84.40%
Revenue CAGR 5Y—
PAT CAGR 3Y+51.60%
PAT CAGR 5Y—
Operating margin57.06%
Net margin41.07%
Financial health & cash flow
Net debt₹1.25k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT-18.87x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-69501.2 Lakh
Capital expenditure–
Free cash flow₹-69903.1 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall35/100
Valuation35/100
Profitability50/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Established operational history in the sector

Active institutional participation

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 2.43x

Stretched Valuation: Trading at a high P/E multiple of 66.8x

Bull case

Market Leadership: Established operational scale in Credit Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)32.32%+2.10% latest vs average
Highest delivery44.48%on 21 Sept
Average volume (20D)1.02MTrading-session average
Conviction trendStrengthening+2.10% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Mufin Green Finance Limited
Mufin Green Finance Limited

Mufin Green Finance Limited operates as a non-banking financial company in India. The company offers various loans for electric vehicles, electric charging infrastructure, and swappable batteries. It also provides operating or financial lease to fleet operators for the vehicles owned by the company. In addition, the company offers securities investment services; and solar financing and insurance premium financing services. It serves businesses, and small and medium enterprises. Mufin Green Finance Limited was formerly known as APM Finvest Limited. The company was incorporated in 2016 and is based in Delhi, India.

IndiaFinancial Services

Questions investors ask
Is Mufin Green Finance Limited Shariah compliant?

Mufin Green Finance Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Debt to Market Cap (50.98%) exceeds AAOIFI threshold (≤ 33%).

What is Mufin Green Finance Limited's current valuation relative to peers?

Mufin Green Finance Limited trades at a P/E of 66.8x compared to the sector median of 16.5x, and a Price-to-Book of 4.2x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 2.43x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.