My Mudra Fincorp
- Market cap
- ₹ 104 Cr.
- P/E
- 9.2x
- P/B
- 1.72x
- 52-week range
- 59 – 103
- ROE
- 20%
- ROCE
- 26%
- Dividend yield
- 0%
- Debt / equity
- 0.17
- Sector
- Finance
- Industry
- Other Financial Services
- Listed on
- NSE SME
About
My Mudra Fincorp Ltd is an India-based company, which functions as a Channel Partner (DSA) for banks and non-bank financial companies (NBFCs) operating in India. The Company's business model integrates tele-calling, advertising, direct marketing, referrals, networking, and a combined physical and digital (phygital) approach to connect customers with financial institutions. It specializes in the distribution and sales of a diverse range of financial products. The Company offers secured loans such as home loans and loans against property, unsecured loans, such as business loans and personal loans, professional loans, as well as credit cards to the procured customers. Its business loans include unsecured business loan, working capital loan, business overdraft and others. Its professional loan includes loans for chartered accountant (C.A.), company secretary (C.S.), doctors and architects.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Other Financial Services: 120 companies →My Mudra Fincorp against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)9.2 against a typical 30.9: cheaper than most peers (1st = cheapest).20th of 119
- Sales growth+51.3% against a typical +10.4% from a year earlier.27th of 93
- Profit growth+75% against a typical −1.6% from a year earlier.24th of 85
- Share price, 3 months+26.2% against a typical −4.8%.9th of 97
- Size₹ 103.6 Cr. market value against a typical ₹ 35.5 Cr. (1st = largest).31st of 113
Latest announcements
Exchange filings and their impact on the company.
- Whole-Time Director Madan Sardar resigned for personal reasons with immediate effect.
My Mudra Fincorp said Whole-Time Director Madan Sardar resigned with effect from October 9, 2026 after business hours due to personal reasons. The company confirmed there was no other material reason for the resignation and enclosed his resignation letter. Day-to-day operations continue under Chairman and Managing Director Vaibhav Kulshrestha with no financial or operational update disclosed.
- My Mudra gets BBPS approval to launch digital bill payments, a small near-term positive.
My Mudra Fincorp has received approvals to integrate with Bharat Bill Payment System (Bharat Connect) run by NPCI Bharat BillPay under RBI oversight. It plans to offer utility and telecom bills, EMI, credit card and insurance premium payments, FASTag, education fees and taxes, with bill fetch, reminders and AutoPay. The move expands it beyond loans and insurance into digital payments and tech-enabled services, with meaningful scale only over time.
Research by Minerva Capital Research Solutions
Our research team's work on My Mudra FincorpAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 May 2026 | Financial Results | To consider and approve the financial results for the period ended March 31, 2026 |
| 14 Nov 2025 | Financial Results | To consider and approve the un-audited financial results for the period ended September 30, 2025 |
| 29 May 2025 | Financial Results | To consider and approve the financial results for the period ended March 31, 2025 |
| 14 Nov 2024 | Financial Results/Other business matters | To consider and approve the financial results for the period ended September 30, 2024 and other business matters |
Financials
Standalone figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 32 | 39 | 34 | 47 | 58 | 59 |
| Expenses | 29 | 31 | 29 | 38 | 50 | 49 |
| Operating Profit | 3 | 8 | 5 | 9 | 8 | 10 |
| OPM % | 10% | 19% | 14% | 19% | 14% | 17% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 1 | 1 | 0 | 1 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 3 | 6 | 4 | 8 | 7 | 9 |
| Tax % | 21% | 33% | 26% | 25% | 24% | 27% |
| Net Profit | 2 | 4 | 3 | 6 | 5 | 7 |
| EPS in Rs | 1,762.71 | 3,677.97 | 2.52 | 5.39 | 4.71 | 5.82 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 30%
- TTM
- 46%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- 51%
- TTM
- 33%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- —
- 10 Years
- —
- 5 Years
- 27%
- 3 Years
- 26%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| My Mudra Fincorp | ₹ 97.20 | ₹ 104 Cr. | 9.2x | 1.7x | 20% | — |
| Bajaj Finance | ₹ 927.00 | ₹ 5,77,146 Cr. | 25x | 5.8x | 18.1% | 23.7% |
| Shriram Finance | ₹ 867.00 | ₹ 2,04,004 Cr. | 13.9x | 3x | 16.4% | 20.9% |
| Jio Financial Services | ₹ 205.00 | ₹ 1,35,364 Cr. | 95.5x | 1.2x | — | 49.8% |
| Tata Capital | ₹ 307.05 | ₹ 1,30,358 Cr. | 20.5x | 3.3x | 12.3% | 16% |
| Power Finance Corporation | ₹ 316.00 | ₹ 1,04,283 Cr. | 5.4x | 1x | 20.7% | 29.1% |
Management
- Vaibhav Kulshrestha
- Executive Chairman of the Board, Managing Director
- Vidit Jindal
- Chief Financial Officer
- Piyushi Jindal
- Compliance Officer, Company Secretary
- Abhisek Dhal
- Whole Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.