Muthoot Finance Limited (MUTHOOTFIN) has reported impressive financial results for the half year ended September 30, 2026. The company’s consolidated Loan Assets Under Management (AUM) surged 42% year-on-year (YoY) to ₹ 2,09,317 crores, marking a significant growth compared to the ₹ 1,47,673 crores in H1 FY26. Moreover, the consolidated Profit After Tax (PAT) for the half year increased by 39% YoY to ₹ 6,103 crores, up from ₹ 4,386 crores in the same period last year.

Key Highlights

Several key milestones were achieved during the period. Notably, the consolidated loan AUM grew by ₹ 61,644 crores, while the standalone loan AUM grew by ₹ 55,505 crores. The consolidated gold loan AUM also saw a robust 46% YoY increase to ₹ 1,93,212 crores. Additionally, the company’s subsidiaries performed exceptionally well, contributing significantly to the overall growth.

Subsidiary Performance

Muthoot Homefin (India) Ltd. reported a 7% YoY increase in loan AUM to ₹ 3,460 crores, and a 9% rise in profit after tax to ₹ 11 crores. Belstar Microfinance Limited saw a 2% increase in loan AUM to ₹ 7,876 crores, and an 8% rise in total revenue to ₹ 906 crores. Muthoot Money Ltd. experienced a phenomenal 99% YoY increase in loan AUM to ₹ 12,716 crores, and a 242% rise in profit after tax to ₹ 364 crores. Asia Asset Finance PLC, Sri Lanka, reported a 39% increase in loan AUM and a 110% rise in profit after tax.

As a result, Muthoot Finance Limited continues to strengthen its position in the financial sector, driven by robust growth across its core segments and subsidiaries. The company’s strategic initiatives and operational efficiencies are expected to further bolster its performance in the coming quarters.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Muthoot Finance Limited

Muthoot Finance Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Muthoot falls 13.1% over three months and has not found a floor yet. The PEG of 0.21 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. D/E reaches 3.67. High leverage in this environment is a material risk the market cannot ignore. The stock sits at 2% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 38.0% and profits at 43.1% CAGR — a genuinely strong business. Nevertheless, the stock drops 13.1% in three months. The market sells the stock, not the story. Watch whether that changes at the next earnings. Check Fundamentals of Muthoot Finance Limited.

Akme Fintrade (India) Limited (AFIL) announced impressive financial results for the half-year ended September 30, 2026, showcasing a significant milestone in its journey. The company’s Assets Under Management (AUM) crossed the Rs. 1,000 crore mark, reaching Rs. 1,039.35 crore, marking a robust 35.43% year-on-year growth. This achievement underscores Akme Fintrade’s strong performance and expanding footprint in the NBFC sector.

Key Financial Highlights

The financial performance of Akme Fintrade (India) Limited for H1 FY27 reflects a commendable growth trajectory. Notably, the company’s disbursements grew by 22.18% year-on-year to Rs. 205.10 crore, driven by increased demand for vehicle and MSME loans in rural and semi-urban markets. Interest income also saw a significant rise, increasing by 30.92% to Rs. 84.80 crore, highlighting the company’s effective revenue generation capabilities.

Profitability and Efficiency

Profitability metrics for Akme Fintrade (India) Limited in H1 FY27 were equally impressive. The company reported a Profit After Tax (PAT) growth of 19.48% year-on-year to Rs. 23.49 crore, reflecting efficient cost management and strong operational performance. The Net Interest Margin (NIM) remained healthy at 11.48%, indicating the company’s ability to maintain strong spreads despite a rising interest-rate environment.

As Mr. Akash Jain, Chief Executive Officer, noted, the first half of FY27 has been a milestone period for Akme Fintrade. The company is well-positioned to leverage upcoming festive seasons and seasonal demand to sustain its growth momentum through H2 FY27. With strategic investments in technology and a focus on maintaining asset quality, Akme Fintrade is poised for continued success in the evolving financial landscape.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Akme Fintrade (India) Limited

Akme Fintrade (India) Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Akme falls 15.0% over three months and has not found a floor yet. The PEG of 0.18 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Industry-leading margins of 48.8% reflect exceptional pricing power and operational efficiency. Sellers drive 1.5x the volume of buyers. Furthermore, they controlled 20 of recent sessions versus 8 for buyers — a clear distribution signal. Revenue grows at 29.4% and profits at 42.8% CAGR — a genuinely strong business. Nevertheless, the stock drops 15.0% in three months. The market sells the stock, not the story. Watch whether that changes at the next earnings. Check Fundamentals of Akme Fintrade (India) Limited.

Spandana Sphoorty Financial Limited (NSE: SPANDANA) announced its unaudited financial results for the quarter and half year ended Sep 30th, 2026. The company reported a 10% QoQ growth in Assets Under Management (AUM) to ₹5,364 crore and a significant improvement in Pre-Provision Operating Profit (PPOP) by 98% QoQ to ₹79 crore.

Strong AUM and Disbursement Growth

The AUM growth was driven by an 8% QoQ increase in disbursements to ₹1,481 crore. The company’s focus on strengthening its four pillars—Portfolio Quality, Productivity, Capital, and People—has paid off, translating into improved financial performance. The collection efficiency remained robust, with gross collection efficiency improving to 97.9% in Q2FY27.

Improved Asset Quality and Profitability

The consolidated Gross Non-Performing Advances (GNPA) and Net Non-Performing Advances (NNPA) improved to 2.54% and 0.50%, respectively. The company’s net interest income rose 25% QoQ to ₹169 crore, indicating a healthy financial performance. The liquidity position remains strong with ₹1,379 crore at the end of Sep 2026.

Forward-Looking Statement

Spandana Sphoorty Financial Limited is entering the next phase from a position of resilience, with a focus on calibrated growth, disciplined execution, and improving portfolio quality. The management remains optimistic about the company’s path towards sustainable profitability.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Spandana Sphoorty Financial Limited

Spandana Sphoorty Financial Limited belongs to the Financial Services › Credit Services sector. Here’s a quick read on where the business and the stock stand today.

Spandana falls 28.6% over three months and has not found a floor yet. D/E reaches 2.15. High leverage in this environment is a material risk the market cannot ignore. Industry-leading margins of 116.2% reflect exceptional pricing power and operational efficiency. The stock sits at 22% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at -10.3%, D/E stands at 2.15, and the stock falls 28.6% in three months. High debt and a falling stock leave little flexibility. Therefore, wait for either the debt to improve or the price to correct before stepping in. Check Fundamentals of Spandana Sphoorty Financial Limited.