Muthoot Capital Services Limited will hold its 32nd Annual General Meeting (AGM) on Monday, August 31, 2026, at 11:00 a.m. (IST). The event will be conducted via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), allowing shareholders to participate remotely from their registered locations. This virtual format ensures broad accessibility for investors while adhering to regulatory guidelines set by the Ministry of Corporate Affairs (MCA) and the Securities and Exchange Board of India (SEBI). The meeting aims to transact the businesses set out in the notice convening the AGM, including the approval of financial statements for FY 2025-26.

The company issued the notice on August 04, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The AGM Notice, along with the Annual Report for FY 2025-26, will be dispatched electronically to members who have registered their email addresses with the company, Integrated Registry Management Services Private Limited (the Registrar and Share Transfer Agent), or their Depository Participants. For members without registered emails, a letter containing the web-link to the documents will be sent as per Regulation 36(1)(b) of the Listing Regulations.

Shareholders holding physical shares are urged to update their contact details to ensure receipt of communications. Those who have not registered or updated their email addresses must submit Form ISR-1, along with self-attested copies of their PAN card and address proof, to Integrated Registry Management Services Private Limited at their Chennai office. Members with dematerialized shares should coordinate directly with their Depository Participants to ensure their email records are current.

The AGM materials, including the Notice and Annual Report, will be accessible on the company’s website at www.muthootcap.com , as well as on the BSE Limited and National Stock Exchange of India Limited platforms. Additionally, the documents will be hosted on the Central Depository Services (India) Limited website at https://www.evotingindia.com .

Voting and Participation

Members will have the opportunity to cast their votes through remote e-voting prior to the AGM and during the meeting itself. Detailed instructions for joining the session via VC/OAVM and casting votes will be provided in the AGM Notice. These instructions will also be available on the company’s website and the CDSL e-voting portal. The company emphasizes that shareholders should review the AGM Notice carefully to understand the procedures for participation and voting.

Regulatory Compliance

The proceedings will comply with the Companies Act, 2013, the Listing Regulations, and relevant circulars, including General Circular No. 03/2025 dated September 22, 2025, and SEBI Circular No. SEBI/HO/CFD/CFD-POD-2/P/CIR/2024/133 dated October 03, 2024. Deepa G, Company Secretary and Compliance Officer of Muthoot Capital Services Limited, confirmed the adherence to these statutory requirements in the notice dated August 04, 2026.

Muthoot Capital Services Limited returned to profitability in the quarter ended June 30, 2026 (Q1FY27), reporting a net profit of ₹81.22 crore compared to a net loss of ₹46.70 crore in the same period last year. The turnaround was driven by a significant improvement in asset quality and a reduction in finance costs, even as total income dipped slightly to ₹1,606.37 crore from ₹1,638.43 crore in the preceding quarter. The board approved the unaudited financial results on July 16, 2026, following a review by the Audit Committee and Statutory Auditors M/s. Sundaram & Srinivasan. An audio recording of the Investor Conference Call held on July 17, 2026, to discuss these results has been uploaded to the company website.

Asset Quality and Portfolio Performance

The company's asset quality improved substantially, with the Gross Non-Performing Assets (GNPA) ratio falling to 3.94% from 6.96% in Q4FY26. Net NPAs stood at 2.36%. This improvement was supported by the sale of a stressed loan portfolio with an aggregate principal outstanding of ₹203.01 crore to Prasaditya ARC Limited for a consideration of ₹93.20 crore. The transaction, conducted via the Swiss Challenge Method, included GNPA of ₹119.83 crore and written-off loans of ₹83.18 crore.

Assets Under Management (AUM) declined 1.88% quarter-on-quarter to ₹3,378.69 crore. The two-wheeler segment remained the largest contributor, accounting for 69.16% of the portfolio with an AUM of ₹2,255.06 crore. Disbursements for the quarter totaled ₹534.81 crore, a 5% increase from the previous quarter.

Financial Metrics

The company reported a Profit Before Tax of ₹108.54 crore for Q1FY27. Basic and Diluted Earnings Per Share (EPS) stood at ₹4.94 for the quarter, compared to a loss of ₹2.84 per share in Q1FY26. The Net Worth increased to ₹6,783.70 crore, and the Net Profit Margin was recorded at 3.19%.

Liquidity and Provisions

The liquidity position remains robust with a projected cumulative closing balance of ₹344.19 crore for Q2 FY27. Total inflows are estimated at ₹1,641.91 crore against outflows of ₹1,615.52 crore. The company maintained a Provision Coverage Ratio of 50.23% for NPAs and carried an additional management overlay of ₹20.47 crore as of June 30, 2026. Additionally, the company provided 100% provision for 8 fraud incidents totaling ₹91.80 lakh detected during the quarter.

Management Guidance and Strategy

During the earnings conference call, management highlighted a CRISIL rating upgrade to AA minus stable and the public deposit franchise crossing ₹100 crore as key achievements. The company stated that its retail portfolio grew to ₹2,851 crore, while the co-lending portfolio declined to ₹499 crore as it focuses on high-quality retail book growth. The management guided for an AUM of ₹4,000 crore to ₹4,200 crore for FY27 and reiterated a long-term aspiration of reaching ₹10,000 crore AUM by FY29. The company expects GNPA to remain sub-4% for the retail segment throughout the financial year.