Conference Call with Muthoot Finance Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.
Finance company Muthoot Finance announced Q1FY26 results Loan Assets Under Management grew 37% YoY to Rs 1,33,938 crore in Q1 FY26 as against Rs 98,048 crore last year. Profit after tax increased by 65% YoY to Rs 1,974 crore as against Rs 1,196 crore last year. Highest Ever Standalone Loan AUM: 42% YoY Increase at Rs 1,20,031 crore Highest Ever Gold Loan AUM: 40% YoY Increase at Rs 1,13,194 crore Highest Ever Standalone Profit after Tax in any Quarter: 90% YoY Increase at Rs 2,046 crore Highest Ever Average Gold Loan AUM Per Branch: Rs 23.21 crore Gold Loan Disbursement to New Customers: Rs 6,355 crore to 4,45,481 Customers Highest Ever Quantity of Gold held as Security in our lockers: 209 Tonnes George Jacob Muthoot, Chairman, said: “Muthoot Finance has begun FY26 with a strong footing, with our Consolidated Loan Assets Under Management reaching the highest ever level of Rs 1,33,938 crore and Standalone Loan Assets Under Management reaching the highest ever level of Rs 1,20,031 crore. It reflects a robust growth of 37% YoY in Consolidated Loan Assets Under Management, driven by 237% growth in Gold Loan Assets of Muthoot Money from Rs 1,449 crore to Rs 4,879 crore and 40% growth in Gold Loan Assets of Muthoot Finance from Rs 80,922 crore to Rs 1,13,194 crore. Consolidated Profit after Tax grew by 65 % YoY to Rs 1,974 crore, underpinned by healthy growth in our core gold loan business. Our leadership in this segment continues to reflect the deep trust our customers place in us and the effectiveness of our customer-centric approach. As the Indian economy advances, demand for quick, reliable, and affordable credit is rising – and gold loans remain a critical enabler in this space. We are also accelerating our digital transformation journey to ensure faster, more seamless credit access for millions of customers across the country. Strategic investments in technology and innovation are enhancing operational efficiency and customer experience. With this momentum, we are confident of sustaining strong growth in the quarters ahead." George Alexander Muthoot, Managing Director, said: "We had an impressive start to the year with our Standalone Loan Assets Under Management reaching a historic high of Rs 1,20,031 crore, driven by robust 40% YoY growth in gold loan of Rs 32,272 crore and a 10% QoQ increase of Rs 10,238 crore. This growth is a testament to our three-pronged strategy to focus on disbursements, operational efficiency, and maintaining healthy margins. As a result, our Standalone Profit after Tax for Q1FY26 grew by 90 % to reach Rs 2,046 crore. These results reaffirm our leadership in the gold loan segment, supported by a pan-India branch network, strong brand equity, and deeper customer engagement. We are encouraged by the growing acceptance of gold loans as a reliable, accessible, and inclusive form of credit. Looking ahead, we are accelerating our efforts to digitally enable our gold loan offerings, making credit access faster, more seamless, and more inclusive. Our technology investments are already enhancing customer experience, reducing turnaround times, and strengthening operational efficiency. The recent RBI guidelines on gold loans will bring greater transparency and further streamline the lending process, while the recent interest rate cuts create a more favourable credit environment. With these supportive tailwinds and our continued focus on innovation and service excellence, we are well-positioned to sustain strong growth through FY26 and beyond." Result PDF