Muthoot Finance Q4FY26: Profit +135%, ₹30 Dividend

Key updates from Q4FY26

Muthoot Finance, India’s largest gold loan company, reported a sharp jump in earnings for the March quarter (Q4FY26), alongside a higher interim dividend announcement for FY26. The company’s results highlighted strong profitability, rising revenue, and an expanding loan book. It also added branches during the quarter as part of its network expansion.

Separately, the company’s board approved an interim dividend of ₹30 per equity share for FY26, described as 300% of face value. The dividend decision and the earnings numbers together kept the stock in focus across market updates.

Q4FY26 profit, revenue and operating performance

As per the financial results cited, Muthoot Finance’s Q4FY26 net profit rose 135% year-on-year to ₹3,397 crore, compared with ₹1,444 crore in the same quarter last year. Revenue for the quarter increased 65% to ₹9,288.7 crore from ₹5,621.7 crore. EBITDA was reported at ₹7,760 crore, up 90.5% year-on-year.

The performance was attributed to tighter cost control and faster loan disbursement. The numbers indicate that growth was not limited to headline profit, but also reflected in operating performance and topline expansion.

In another earnings note for the quarter ended March 2026, consolidated net profit was reported at ₹3,656 crore, up 94.9% year-on-year from ₹1,876 crore (or ₹1,875 crore in a separate mention). Interest income for the quarter was cited at ₹4,179 crore versus ₹2,814 crore a year ago in one report, and at ₹4,875 crore versus ₹2,875 crore in another.

FY26: record annual profit and AUM growth

For the full year FY26, the company recorded its highest annual net profit to date at ₹10,607 crore. This was reported as a 98% rise from FY25 net profit of ₹5,352 crore.

The loan book also expanded strongly. Total Loan AUM (assets under management) was reported to have increased 49% to ₹181,916 crore. Another data point, dated December 31, 2025, put AUM at ₹164,808 crore, indicating the scale of growth the company is managing across periods referenced in different updates.

Branch expansion and business mix

During the quarter, Muthoot Finance expanded its footprint by opening 177 new branches at the group level. The company operates primarily in gold loans, but it also provides services across housing finance, microfinance, personal loans, and loans to small businesses.

This broader product set has been highlighted as part of the company’s diversification, even as the core gold-loan franchise remains central. The combination of branch additions and loan growth suggests the company is still investing in distribution while scaling its book.

Dividend: ₹30 per share, record date and payout timeline

In a board meeting held on April 10, 2026, Muthoot Finance approved an interim dividend of ₹30 per equity share for FY26. The company set April 17, 2026 as the record date to determine shareholder eligibility. It also confirmed that the dividend will be paid within 30 days from the date of declaration.

Eligibility, as stated, depends on shareholders being on the register of members or listed as beneficial owners in depository records by the close of business on the record date. One note indicated shareholders could expect payment to be completed by early May 2026.

Stock reaction and reported price moves

Market updates around the announcements showed the stock moving higher, though different reports cited different closing prices and daily gains. One update said Muthoot Finance shares ended at ₹3,531, up 0.70%. Another said the stock closed at ₹3,568 on the BSE, up 2.67%, while a separate note put the close at ₹3,572.55, up about 2.8% from ₹3,474.95.

Longer-term return figures also varied across updates. The stock was described as up 55% over the past year and 232.50% over three years in one place. Another note cited a 76.90% return over the past year and an 8.68% rise over the last month.

Snapshot table: reported financial and operating data

Dividend trend table (as reported)

Why the numbers matter for investors tracking NBFCs

The reported Q4FY26 jump in profit, revenue, and EBITDA points to operating leverage during a period of rapid loan growth. A 49% rise in Loan AUM to ₹181,916 crore, alongside branch additions, indicates aggressive scaling of distribution and assets.

The interim dividend of ₹30 per share for FY26 adds another dimension for shareholders, particularly as it continues the pattern of higher payouts in recent years. In the context of a business that is often evaluated on balance-sheet growth, the dividend decision is a measurable shareholder-return action.

A separate market tracker also noted the stock trading near ₹3,200 after a sharp March decline, with a 52-week high cited at ₹4,150 and a fall of 17.5% over a month in that period, even as earnings growth remained strong in that commentary.

Conclusion

Muthoot Finance’s reported Q4FY26 performance combined sharp profit growth with strong revenue and operating metrics, while FY26 was described as the company’s highest-ever annual profit year. The company also declared an interim dividend of ₹30 per share for FY26, with April 17, 2026 as the record date and payout expected within 30 days of declaration.