Mufin Green Finance Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹131.58Undervalued by 11.51%vs CMP ₹118.00

P/E (72.6) × ROE (6.7%) × BV (₹33.20) × DY (2.00%)

₹52.61Overvalued by 55.42%vs CMP ₹118.00
MoS: -124.3% (Negative)Confidence: 59/100 (Moderate)Models: 1 Under, 7 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹142.0124%Under (+20.3%)
Graham NumberEarnings₹30.3117%Over (-74.3%)
Earnings PowerEarnings₹7.3511%Over (-93.8%)
DCFCash Flow₹18.4514%Over (-84.4%)
Net Asset ValueAssets₹33.078%Over (-72%)
EV/EBITDAEnterprise₹2.079%Over (-98.2%)
Earnings YieldEarnings₹12.308%Over (-89.6%)
ROCE CapitalReturns₹73.189%Over (-38%)
Consensus (8 models)₹52.61100%Overvalued
Key Drivers: Wide model spread (₹2–₹142) — 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 ₹118.00, market cap is 2,052 Cr.. At a glance, stock P/E is 72.6, ROE is 6.69 %, ROCE is 10.7 %, book value is 33.2, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹52.61, around 55.4% 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 128/69.0, 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

52
Mufin Green Finance Ltd scores 52/100 (Average)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health54/100 · Moderate
ROCE 10.7% AverageROE 6.7% 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 Rank40/100 · Moderate
P/E 72.6 vs industry 39.9 Premium to peersROCE 10.7% vs industry 17.5% Average

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily.

Share Price and Basic Stock Data

Last Updated: June 12, 2026, 8:51 am

Market Cap 2,052 Cr.
Current Price 118
Intrinsic Value₹46.13
High / Low 128/69.0
Stock P/E72.6
Book Value 33.2
Dividend Yield0.00 %
ROCE10.7 %
ROE6.69 %
Face Value 1.00
PEG Ratio9.16

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 2,052 Cr. 118 128/69.072.6 33.20.00 %10.7 %6.69 % 1.00
Arman Financial Services Ltd 1,663 Cr. 1,581 1,907/1,25629.4 8880.00 %11.7 %6.26 % 10.0
Balmer Lawrie Investment Ltd 1,557 Cr. 70.1 95.8/63.88.73 64.86.13 %16.9 %12.7 % 1.00
Ashika Credit Capital Ltd 2,739 Cr. 371 440/28660.5 2360.00 %9.03 %6.06 % 10.0
AK Capital Services Ltd 1,124 Cr. 1,703 1,799/1,02510.2 1,5852.23 %9.33 %10.9 % 10.0
Industry Average25,474.03 Cr382.7339.89494.340.25%17.48%13.04%8.42

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: June 9, 2026, 4:00 am

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 2244445161620
Reserves 0073678697149228254555
Borrowing-0-0-0100-02266407041,398
Other Liabilities 00102116414755
Total Liabilities 227882931033959261,0212,028
Fixed Assets -0-0-00023967
CWIP -0-0-0-0-0-0-0-0-0-0
Investments -0166597310355165
Other Assets 21122220913899121,0101,855
Total Assets 227882931033959261,0212,028

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + 0-23-134-58-175-359-142-695
Cash from Investing Activity + 000-1667-85-5790-173
Cash from Financing Activity + 20010-10-026948656925
Net Cash Flow 2-23-3-09870457
Free Cash Flow 0-23-134-60-175-361-143-699
CFO/OP 600%-1,469%127%185%22%-435%-921%-518%-117%-431%

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

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Tata Banking and Financial Services Fund 3,300,000 1.24 37.71N/AN/AN/A

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. 210.29 Cr. and Equity Capital is Rs. 19.82 Cr. for the Year ended 31/03/2026.
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 13 June 2026, Mufin Green Finance Ltd's intrinsic value is ₹52.61, which is 55.42% lower than the current market price of ₹118.00, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (6.69 %), book value (₹33.2), 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 ₹118.00 as of 13 June 2026, with a FY2026-2027 high of ₹128 and low of ₹69.0. The stock is currently near its 52-week high. Market cap stands at ₹2,052 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 72.6, which is above the industry average of 39.89. The premium over industry average may reflect growth expectations or speculative interest.

Is Mufin Green Finance Ltd financially healthy?

Key indicators for Mufin Green Finance Ltd: ROCE of 10.7 % is moderate; ROE of 6.69 % is below ideal levels (industry average: 13.04%). 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 ₹118.00. The company is currently not paying meaningful dividends.

Last Updated: June 12, 2026, 8:51 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