Muthoot Finance

Muthoot Finance reported a stellar Q4 FY26 with consolidated PAT surging 98% YoYCurrent reported value: 98% YoY. No comparable prior figure is available in the source record. to ₹10,607 croreCurrent reported value: ₹10,607 crore. No comparable prior figure is available in the source record., driven by record gold loan AUM of ₹1.65 lakh croreCurrent ₹1.65 lakh crore. Reported change: +54% YoY. (up 54% YoY). Standalone PAT hit ₹10,134 croreCurrent ₹10,134 crore. Reported change: +95% YoY. (+95% YoY). The gold loan portfolio benefited from higher gold prices and a 0.5-1% rate hike, lifting yields to ~20.8%Current 20.8%. Reported change: +150bps YoY.. Subsidiaries also performed well: Belstar Microfinance saw collection efficiency improve to 99.85%, and Muthoot Money's gold loan AUM grew 151% to ₹9,794 crore. Management guided for 15% standalone AUM growth in FY27, with 200-300 new branches planned. Risks include rising competitive intensity from AAA-rated NBFCs and potential yield normalization if gold prices stabilize. The shift to borrower-wise NPA classification increased reported NPAs, but underlying asset quality remains strong with LTV at 57%Current 57%. Reported change: flat..