mufin green finance has scheduled a meeting of its Management Committee to consider a proposal for raising funds through the issuance of non-convertible debentures (NCDs). The meeting is set to take place on Tuesday, June 02, 2026. The proposed fund raising involves the issuance of listed, secured or unsecured, NCDs on a private placement basis.

The decision to convene this meeting aligns with the requirements of Regulations 29 and 50 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was submitted to the stock exchanges on May 27, 2026, by Mayank Pratap Singh, the Company Secretary & Compliance Officer.

Key Meeting Details

The company has not yet disclosed the specific size of the issue, the coupon rate, or the tenor of the debentures. These details are expected to be finalized and announced following the committee's decision.

Mufin Green Finance Limited has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The Board of Directors approved the financial results at its meeting held on May 21, 2026. The company delivered a landmark performance in FY26, with its credit rating upgraded to A- (Stable) by Acuite Ratings. Following the approval, the company submitted copies of the newspaper advertisements published on May 22, 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company also filed an investor presentation detailing its operational metrics and strategic verticals on May 25, 2026.

Financial Performance

For the financial year ended March 31, 2026, the company reported a net profit of ₹28.21 crore, an increase of 39.1% from ₹20.28 crore in the previous year. Revenue from operations rose to ₹210.29 crore from ₹160.96 crore in FY25. Total income for the year stood at ₹210.70 crore. For the quarter ended March 31, 2026, net profit was recorded at ₹11.03 crore, compared to ₹3.89 crore in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹64.67 crore from ₹40.55 crore.

The following table summarizes the standalone financial performance:

The following table summarizes the quarterly performance for the quarter ended March 31, 2026:

Key Metrics

The company's earnings per share (EPS) for the year ended March 31, 2026, improved to ₹1.64 on a basic and diluted basis, up from ₹1.24 and ₹1.21 respectively in the prior year. For the quarter ended March 31, 2026, basic and diluted EPS stood at ₹0.63.

Capital Adequacy and Asset Quality

As per the standalone financial results, the capital adequacy ratio stood at 32.37% as of March 31, 2026. The gross NPA ratio was reported at 1.94%, while the net NPA ratio was 1.65%. The net worth of the company increased to ₹574.65 crore from ₹270.25 crore in the previous year.

Business Verticals and AUM

The company operates across four strategic verticals: Mediclaim Financing, Salary Saathi, EV & Solar Financing, and Other Loans. The Assets Under Management (AUM) reached ₹1,541.17 crore as of March 31, 2026, a growth of 83.8% from the previous year. Mediclaim Financing accounted for 39% of the AUM, while EV & Solar Financing and Other Loans constituted 30% and 29% respectively. Salary Saathi represented 2% of the portfolio. The company reported total disbursements of ₹1,767.59 crore for FY26.

Corporate Actions

The Board noted that the company had allotted 2,49,30,765 equity shares and 76,53,061 share warrants on a preferential basis on March 4, 2026. The allotment was made at an exercise price of ₹98 per equity share, including a premium of ₹97 per share. Additionally, the company raised funds through the issuance of Non-Convertible Debentures (NCDs) aggregating ₹390 crore during the year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE08KJ01020/2ceec555e8224051.pdf