Mufin Green Finance Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹99.15Fairly Valued by 2.79%vs CMP ₹102.00

P/E (83.7) × ROE (7.9%) × BV (₹18.40) × DY (2.00%)

₹38.90Overvalued by 61.86%vs CMP ₹102.00
MoS: -162.2% (Negative)Confidence: 59/100 (Moderate)Models: 1 Fair, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹107.0124%Fair (+4.9%)
Graham NumberEarnings₹22.5717%Over (-77.9%)
Earnings PowerEarnings₹7.3811%Over (-92.8%)
DCFCash Flow₹18.5514%Over (-81.8%)
Net Asset ValueAssets₹18.448%Over (-81.9%)
EV/EBITDAEnterprise₹2.089%Over (-98%)
Earnings YieldEarnings₹12.308%Over (-87.9%)
ROCE CapitalReturns₹40.809%Over (-60%)
Consensus (8 models)₹38.90100%Overvalued
Key Drivers: Wide model spread (₹2–₹107) — high uncertainty.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 7.9%

*Investments are subject to market risks

Analyst Summary

Mufin Green Finance Ltd operates in the Non-Banking Financial Company (NBFC) segment, NSE: MUFIN | BSE: 542774, current market price is ₹102.00, market cap is 1,765 Cr.. At a glance, stock P/E is 83.7, ROE is 7.89 %, ROCE is 12.6 %, book value is 18.4, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹38.90, around 61.9% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹162 Cr versus the prior period change of 65.3%, while latest net profit is about ₹20 Cr with a prior-period change of 25.0%. The 52-week range shown on this page is 126/63.1, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisMufin 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…

This summary is generated from the stock page data available for Mufin Green Finance Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

56
Mufin Green Finance Ltd scores 56/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health60/100 · Moderate
ROCE 12.6% GoodROE 7.9% AverageD/E 2.62 High debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent
Smart Money35/100 · Weak
FII holding up 0.27% (6mo) Slight increaseDII holding down 2.71% MF sellingPromoter decreased by 6.81% Caution
Earnings Quality60/100 · Moderate
Working capital: -45 days (improving) Efficient
Quarterly Momentum58/100 · Moderate
Profit (4Q): +3% YoY Positive
Industry Rank50/100 · Moderate
P/E 83.7 vs industry 101.6 In-lineROCE 12.6% vs industry 15.8% Average

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 4:51 am

Market Cap 1,765 Cr.
Current Price 102
Intrinsic Value₹38.90
High / Low 126/63.1
Stock P/E83.7
Book Value 18.4
Dividend Yield0.00 %
ROCE12.6 %
ROE7.89 %
Face Value 1.00
PEG Ratio10.56

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

View Share Price Target for Mufin Green Finance Ltd

Competitors

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Mufin Green Finance Ltd 1,765 Cr. 102 126/63.183.7 18.40.00 %12.6 %7.89 % 1.00
Arman Financial Services Ltd 1,561 Cr. 1,485 1,850/1,11155.1 8300.00 %13.3 %6.17 % 10.0
Balmer Lawrie Investment Ltd 1,505 Cr. 67.8 95.8/62.38.73 61.26.34 %17.2 %13.2 % 1.00
Ashika Credit Capital Ltd 1,504 Cr. 336 569/286155 1380.00 %22.1 %20.2 % 10.0
AK Capital Services Ltd 997 Cr. 1,511 1,719/9309.59 1,5372.51 %8.48 %8.97 % 10.0
Industry Average22,241.21 Cr369.74101.56513.160.26%15.81%8.84%8.50

All Competitor Stocks of Mufin Green Finance Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue10.6613.4717.5221.1327.0732.2137.0240.3243.0840.5448.0151.4255.92
Interest 1.174.056.068.5612.9316.8520.3022.4123.5922.7625.4325.9831.14
Expenses 6.135.396.546.867.419.3210.049.1610.8512.2716.6916.6714.71
Financing Profit3.364.034.925.716.736.046.688.758.645.515.898.7710.07
Financing Margin %31.52%29.92%28.08%27.02%24.86%18.75%18.04%21.70%20.06%13.59%12.27%17.06%18.01%
Other Income 0.030.010.030.000.040.050.370.140.390.130.120.170.02
Depreciation 0.450.490.320.340.670.960.820.830.830.820.500.690.69
Profit before tax 2.943.554.635.376.105.136.238.068.204.825.518.259.40
Tax % 22.11%25.07%25.49%25.33%25.41%20.86%26.00%29.16%26.22%19.09%25.41%26.67%25.43%
Net Profit 2.292.663.454.014.554.054.625.716.063.904.116.067.01
EPS in Rs 0.150.180.230.270.300.250.280.350.370.240.240.350.40
Gross NPA %
Net NPA %

Last Updated: March 3, 2026, 8:46 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 17, 2026, 11:26 am

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue003223153498162196
Interest 00000064590105
Expenses 0008-0216294260
Financing Profit003-7231312243030
Financing Margin %10%81%94%-395%99%83%36%24%19%15%
Other Income 0000000-000
Depreciation 0000002233
Profit before tax 003-7231311212728
Tax % 0%23%14%-9%12%14%25%24%26%
Net Profit 003-620118162021
EPS in Rs -0.471.530.840.540.991.241.23
Dividend Payout % 0%0%0%0%0%4%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-300.00%433.33%-45.00%-27.27%100.00%25.00%
Change in YoY Net Profit Growth (%)0.00%733.33%-478.33%17.73%127.27%-75.00%

Mufin Green Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 6 years from 2019-2020 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:%
5 Years:149%
3 Years:119%
TTM:46%
Compounded Profit Growth
10 Years:%
5 Years:40%
3 Years:23%
TTM:12%
Stock Price CAGR
10 Years:%
5 Years:98%
3 Years:54%
1 Year:-33%
Return on Equity
10 Years:%
5 Years:10%
3 Years:8%
Last Year:8%

Last Updated: September 5, 2025, 3:51 pm

Balance Sheet

Last Updated: February 1, 2026, 3:02 am

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital 2244445161617
Reserves 0073678697149228254302
Borrowing0001000226640704854
Other Liabilities 00102116414757
Total Liabilities 227882931033959261,0211,231
Fixed Assets 0000023966
CWIP 0000000000
Investments 016659731035524
Other Assets 21122220913899121,0101,201
Total Assets 227882931033959261,0211,231

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity + 0-23-134-58-175-359-142
Cash from Investing Activity + 000-1667-85-5790
Cash from Financing Activity + 20010-10-026948656
Net Cash Flow 2-23-3-098704
Free Cash Flow 0-23-134-60-175-361-143
CFO/OP 600%-1,469%127%185%22%-435%-921%-518%-117%

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow0.000.000.00-2.000.002.00-210.00-611.00-662.00

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

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 00911920000
Inventory Days
Days Payable
Cash Conversion Cycle 00911920000
Working Capital Days -1822,23635-2,1255651-4112-45
ROCE %6%8%-8%27%13%7%11%13%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters 58.19%58.18%58.18%54.77%54.51%54.51%54.35%54.31%54.20%54.20%54.11%47.30%
FIIs 0.00%0.00%0.00%0.11%0.49%0.33%0.86%1.25%0.85%0.84%1.06%1.12%
DIIs 14.12%14.12%14.12%13.16%13.09%13.09%12.54%12.53%11.85%11.90%8.39%9.14%
Public 27.70%27.68%27.70%31.96%31.90%32.06%32.25%31.92%33.10%33.05%36.43%42.44%
No. of Shareholders 11,29414,84318,85022,13325,00924,01725,50325,97126,48527,23727,35826,091

Shareholding Pattern Chart

No. of Shareholders

Mufin Green Finance Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE / ROE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24
FaceValue 1.001.00
Basic EPS (Rs.) 1.181.05
Diluted EPS (Rs.) 1.161.05
Cash EPS (Rs.) 1.381.13
Book Value[Excl.RevalReserv]/Share (Rs.) 16.4915.06
Book Value[Incl.RevalReserv]/Share (Rs.) 16.4915.06
Revenue From Operations / Share (Rs.) 11.096.03
PBDIT / Share (Rs.) 7.264.22
PBIT / Share (Rs.) 7.064.08
PBT / Share (Rs.) 1.591.31
Net Profit / Share (Rs.) 1.180.99
NP After MI And SOA / Share (Rs.) 1.200.99
PBDIT Margin (%) 65.4469.98
PBIT Margin (%) 63.6267.64
PBT Margin (%) 14.2921.71
Net Profit Margin (%) 10.6016.42
NP After MI And SOA Margin (%) 10.8116.42
Return on Networth / Equity (%) 7.276.58
Return on Capital Employeed (%) 41.5926.56
Return On Assets (%) 1.891.73
Total Debt / Equity (X) 2.652.62
Asset Turnover Ratio (%) 0.180.00
Current Ratio (X) 1.341.34
Quick Ratio (X) 1.341.34
Interest Coverage Ratio (X) 1.331.54
Interest Coverage Ratio (Post Tax) (X) 1.221.37
Enterprise Value (Cr.) 1713.932543.93
EV / Net Operating Revenue (X) 9.4526.01
EV / EBITDA (X) 14.4437.17
MarketCap / Net Operating Revenue (X) 6.3422.04
Price / BV (X) 4.278.83
Price / Net Operating Revenue (X) 6.3422.04
EarningsYield 0.010.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

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. 160.96 Cr. and Equity Capital is Rs. 16.35 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)202, 2nd Floor, Best Sky Tower, Netaji Subhash Place, Delhi Delhi 110034Contact not found
Management
NamePosition Held
Mr. Manoj Kumar BhattChairman & Ind.Director
Mr. Kapil GargManaging Director
Mrs. Srishti AgarwalNon Executive Director
Mrs. Sanchi PandeyIndependent Director
Mr. Hemant BhageriaIndependent Director
Mr. Nitin GoelIndependent Director

FAQ

What is the intrinsic value of Mufin Green Finance Ltd and is it undervalued?

As of 24 April 2026, Mufin Green Finance Ltd's intrinsic value is ₹38.90, which is 61.86% lower than the current market price of ₹102.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (7.89 %), book value (₹18.4), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Mufin Green Finance Ltd?

Mufin Green Finance Ltd is trading at ₹102.00 as of 24 April 2026, with a FY2026-2027 high of ₹126 and low of ₹63.1. The stock is currently in the middle of its 52-week range. Market cap stands at ₹1,765 Cr..

How does Mufin Green Finance Ltd's P/E ratio compare to its industry?

Mufin Green Finance Ltd has a P/E ratio of 83.7, which is below the industry average of 101.56. This is broadly in line with or below the industry average.

Is Mufin Green Finance Ltd financially healthy?

Key indicators for Mufin Green Finance Ltd: ROCE of 12.6 % is moderate; ROE of 7.89 % is below ideal levels (industry average: 8.84%). Dividend yield is 0.00 %.

Is Mufin Green Finance Ltd profitable and how is the profit trend?

Mufin Green Finance Ltd reported a net profit of ₹20 Cr in Mar 2025 on revenue of ₹162 Cr. Compared to ₹11 Cr in Mar 2022, the net profit shows an improving trend.

Does Mufin Green Finance Ltd pay dividends?

Mufin Green Finance Ltd has a dividend yield of 0.00 % at the current price of ₹102.00. The company is currently not paying meaningful dividends.

Last Updated: April 2, 2026, 4:51 am
Author: Getaka|Social: XLinkedIn
Stock Ticker - BSE: 542774 | NSE: MUFIN
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Mufin Green Finance Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE