Mufin Green Finance Ltd: Share Price Analysis, Intrinsic Value & Fundamentals (2025)

Share Price and Basic Stock Data

Last Updated: February 22, 2025, 5:36 am

Market Cap	1,182 Cr.
Current Price	72.3
High / Low	238/69.3
Stock P/E	56.7
Book Value	15.9
Dividend Yield	0.00 %
ROCE	10.6 %
ROE	8.27 %
Face Value	1.00
PEG Ratio	-14.31

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Mufin Green Finance Ltd

Competitors of Mufin Green Finance Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Money Masters Leasing & Finance Ltd	30.7 Cr.	3.06	19.5/2.83	39.4	1.56	0.00 %	2.57 %	4.07 %	1.00
Moneyboxx Finance Ltd	565 Cr.	173	373/165	53.0	81.0	0.00 %	11.4 %	7.45 %	10.0
Moongipa Capital Finance Ltd	18.1 Cr.	19.8	41.0/17.7	9.33	8.69	0.00 %	34.9 %	31.6 %	10.0
Morarka Finance Ltd	45.9 Cr.	102	191/100	16.4	387	5.88 %	4.04 %	3.58 %	10.0
Morgan Ventures Ltd	91.6 Cr.	92.6	154/34.8	3.72	75.0	0.00 %	10.5 %	16.9 %	10.0
Industry Average	7,592.28	N/A		29.98	N/A	N/A	19.61	10.47	N/A

All Competitor Stocks of Mufin Green Finance Ltd

Quarterly Result

Metric	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Sales	6.01	1.71	11.15	4.33	6.59	10.66	13.47	17.52	21.13	27.07	32.21	37.02	40.32
Expenses	0.09	0.16	12.38	2.34	3.08	6.13	5.39	6.54	6.86	7.41	9.32	10.04	9.16
Operating Profit	5.92	1.55	-1.23	1.99	3.51	4.53	8.08	10.98	14.27	19.66	22.89	26.98	31.16
OPM %	98.50%	90.64%	-11.03%	45.96%	53.26%	42.50%	59.99%	62.67%	67.53%	72.63%	71.06%	72.88%	77.28%
Other Income	0.00	0.01	0.01	0.01	0.10	0.03	0.01	0.03	0.00	0.04	0.05	0.37	0.14
Interest	0.01	0.00	0.11	0.02	0.39	1.17	4.05	6.06	8.56	12.93	16.85	20.30	22.41
Depreciation	0.00	0.00	0.03	0.44	0.45	0.45	0.49	0.32	0.34	0.67	0.96	0.82	0.83
Profit before tax	5.91	1.56	-1.36	1.54	2.77	2.94	3.55	4.63	5.37	6.10	5.13	6.23	8.06
Tax %	5.92%	61.54%	-18.38%	25.32%	26.71%	22.11%	25.07%	25.49%	25.33%	25.41%	20.86%	26.00%	29.16%
Net Profit	5.55	0.60	-1.10	1.15	2.02	2.29	2.66	3.45	4.01	4.55	4.05	4.62	5.71
EPS in Rs	0.43	0.05	-0.08	0.09	0.13	0.15	0.18	0.23	0.27	0.30	0.25	0.28	0.35

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 20, 2025, 2:19 pm

Metric	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	0	0	3	2	23	15	34	98	153
Expenses	0	0	0	8	-0	2	16	29	39
Operating Profit	0	0	3	-7	23	13	18	69	113
OPM %	10%	81%	94%	-386%	100%	84%	54%	70%	74%
Other Income	0	0	0	0	0	0	0	-0	1
Interest	0	0	0	0	0	0	6	45	83
Depreciation	0	0	0	0	0	0	2	2	3
Profit before tax	0	0	3	-7	23	13	11	21	28
Tax %	0%	23%	14%	-9%	12%	14%	25%	24%
Net Profit	0	0	3	-6	20	11	8	16	20
EPS in Rs				-0.47	1.53	0.84	0.54	0.99	1.25
Dividend Payout %	0%	0%	0%	0%	0%	4%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	-300.00%	433.33%	-45.00%	-27.27%	100.00%
Change in YoY Net Profit Growth (%)	0.00%	733.33%	-478.33%	17.73%	127.27%

Mufin Green Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2019-2020 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	%
5 Years:	96%
3 Years:	62%
TTM:	93%

Compounded Profit Growth
10 Years:	%
5 Years:	43%
3 Years:	-6%
TTM:	42%

Stock Price CAGR
10 Years:	%
5 Years:	91%
3 Years:	103%
1 Year:	-66%

Return on Equity
10 Years:	%
5 Years:	9%
3 Years:	8%
Last Year:	8%

Last Updated: Unknown

Balance Sheet

Last Updated: Unknown

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	2	2	4	4	4	4	5	16	16
Reserves	0	0	73	67	86	97	149	228	243
Borrowings	0	0	0	10	0	0	226	640	677
Other Liabilities	0	0	1	0	2	1	16	41	46
Total Liabilities	2	2	78	82	93	103	395	926	984
Fixed Assets	0	0	0	0	0	2	3	9	8
CWIP	0	0	0	0	0	0	0	0	0
Investments	0	1	66	59	73	10	3	5	38
Other Assets	2	1	12	22	20	91	389	912	938
Total Assets	2	2	78	82	93	103	395	926	984

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	0	-2	3	-13	4	-58	-175	-359
Cash from Investing Activity +	0	0	0	-1	6	67	-85	-57
Cash from Financing Activity +	2	0	0	10	-10	-0	269	486
Net Cash Flow	2	-2	3	-3	-0	9	8	70

Free Cash Flow

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	0.00	0.00	3.00	-17.00	23.00	13.00	-208.00	-571.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	0	0	9	119	2	0	0	0
Inventory Days
Days Payable
Cash Conversion Cycle	0	0	9	119	2	0	0	0
Working Capital Days	-182	2,236	35	132	5	651	-41	12
ROCE %		6%	8%	-8%	27%	13%	7%	11%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	0.00%	67.75%	58.19%	58.19%	58.19%	58.19%	58.18%	58.18%	54.77%	54.51%	54.51%	54.35%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.11%	0.49%	0.33%	0.86%
DIIs	0.00%	0.00%	14.12%	14.12%	14.12%	14.12%	14.12%	14.12%	13.16%	13.09%	13.09%	12.54%
Public	100.00%	32.25%	27.70%	27.68%	27.69%	27.70%	27.68%	27.70%	31.96%	31.90%	32.06%	32.25%
No. of Shareholders	11,511	10,841	10,401	10,486	10,521	11,294	14,843	18,850	22,133	25,009	24,017	25,503

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24
FaceValue	1.00
Basic EPS (Rs.)	1.05
Diluted EPS (Rs.)	1.05
Cash EPS (Rs.)	1.13
Book Value[Excl.RevalReserv]/Share (Rs.)	15.06
Book Value[Incl.RevalReserv]/Share (Rs.)	15.06
Revenue From Operations / Share (Rs.)	6.03
PBDIT / Share (Rs.)	4.22
PBIT / Share (Rs.)	4.08
PBT / Share (Rs.)	1.31
Net Profit / Share (Rs.)	0.99
NP After MI And SOA / Share (Rs.)	0.99
PBDIT Margin (%)	69.98
PBIT Margin (%)	67.64
PBT Margin (%)	21.71
Net Profit Margin (%)	16.42
NP After MI And SOA Margin (%)	16.42
Return on Networth / Equity (%)	6.58
Return on Capital Employeed (%)	26.56
Return On Assets (%)	1.73
Total Debt / Equity (X)	2.62
Current Ratio (X)	1.34
Quick Ratio (X)	1.34
Interest Coverage Ratio (X)	1.54
Interest Coverage Ratio (Post Tax) (X)	1.37
Enterprise Value (Cr.)	2543.93
EV / Net Operating Revenue (X)	26.01
EV / EBITDA (X)	37.17
MarketCap / Net Operating Revenue (X)	22.04
Price / BV (X)	8.83
Price / Net Operating Revenue (X)	22.04
EarningsYield	0.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Mufin Green Finance Ltd as of February 23, 2025 is: ₹60.84

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of February 23, 2025, Mufin Green Finance Ltd is Overvalued by 15.85% compared to the current share price ₹72.30

Intrinsic Value of Mufin Green Finance Ltd as of February 23, 2025 is: 58.43

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of February 23, 2025, Mufin Green Finance Ltd is Overvalued by 19.18% compared to the current share price ₹72.30

Last 5 Year EPS CAGR: -3.96%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (36.44 cr) and profit (10.22 cr) over the years.	The stock has a low average ROCE of 8.00%, which may not be favorable. The stock has a high average Working Capital Days of 76.75, which may not be favorable. The stock has a high average Cash Conversion Cycle of 16.25, which may not be favorable. The company has higher borrowings (172.56) compared to reserves (104.78), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Mufin Green Finance Ltd:
1. Net Profit Margin: 16.42%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 26.56% (Industry Average ROCE: 19.61%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 6.58% (Industry Average ROE: 10.47%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.37
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.34
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 56.7 (Industry average Stock P/E: 29.98)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 2.62
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Mufin Green Finance Ltd. is a Public Limited Listed company incorporated on 13/05/2016 and has its registered office in the State of Rajasthan, India. Company's Corporate Identification Number(CIN) is L65990RJ2016PLC054921 and registration number is 054921. Currently company belongs to the Industry of Non-Banking Financial Company (NBFC). Company's Total Operating Revenue is Rs. 97.80 Cr. and Equity Capital is Rs. 16.21 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Non-Banking Financial Company (NBFC)	SP-147, RIICO Industrial Area, Alwar District Rajasthan 301019	apmfinvestltd@gmail.com http://www.mufingreenfinance.com

Management
Name	Position Held
Mr. Manoj Kumar Bhatt	Chairman & Ind.Director
Mr. Kapil Garg	Managing Director
Mrs. Srishti Agarwal	Non Executive Director
Mr. Hemant Bhageria	Independent Director
Mr. Nitin Goel	Independent Director
Ms. Sanchi Pandey	Independent Director

FAQ

What is Mufin Green Finance Ltd's true worth and is it a good investment?

Let's break down Mufin Green Finance Ltd's valuation simply:

We calculate intrinsic value using the PE Ratio Method - comparing the company's current price-to-earnings ratio with its historical average and industry peers. Think of it like checking if a stock is "on sale" compared to its typical pricing.

As of 22 February 2025:

Calculated Fair Value: ₹60.84
Current Market Price: ₹72.30
Variance: 15.85% lower

This suggests Mufin Green Finance Ltd is currently overvalued by 15.85%. For context:

Market Cap: 1,182 Cr.
52-Week Range: 238/69.3
Reserves (Sep 2024): ₹243 Cr
Liabilities: 984 Cr

Remember: The PE method gives a snapshot based on earnings multiples. While useful for quick comparisons, investors should also consider growth prospects, industry trends, and economic conditions. This calculation assumes historical PE ratios remain relevant - always verify with current market dynamics.

What is the Market Cap of Mufin Green Finance Ltd?

The Market Cap of Mufin Green Finance Ltd is 1,182 Cr..

What is the current Stock Price of Mufin Green Finance Ltd as on 22 February 2025?

The current stock price of Mufin Green Finance Ltd as on 22 February 2025 is ₹72.3.

What is the High / Low of Mufin Green Finance Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Mufin Green Finance Ltd stocks is 238/69.3.

What is the Stock P/E of Mufin Green Finance Ltd?

The Stock P/E of Mufin Green Finance Ltd is 56.7.

What is the Book Value of Mufin Green Finance Ltd?

The Book Value of Mufin Green Finance Ltd is 15.9.

What is the Dividend Yield of Mufin Green Finance Ltd?

The Dividend Yield of Mufin Green Finance Ltd is 0.00 %.

What is the ROCE of Mufin Green Finance Ltd?

The ROCE of Mufin Green Finance Ltd is 10.6 %.

What is the ROE of Mufin Green Finance Ltd?

The ROE of Mufin Green Finance Ltd is 8.27 %.

What is the Face Value of Mufin Green Finance Ltd?

The Face Value of Mufin Green Finance Ltd is 1.00.