Muthoottu Mini Financiers Ltd., one of India’s trusted gold loan NBFCs, announced its rebranding as Muthoot MCred Limited, marking a significant new chapter in its institutional journey. The rebranding comes alongside a strong financial performance for the nine months ended December 31, 2025 (Q1–Q3 FY26), with the Company reporting a cumulative net profit of ₹113.93 crore, underscoring sustained earnings momentum, consistent quarterly growth, and disciplined portfolio expansion. Assets Under Management (AUM) stood at ₹5,494.58 crore as of Q3 FY26, reflecting steady business scale-up and operational strength.
The new corporate identity reflects the organisation’s evolution into a professionally managed, governance-led and technology-driven NBFC under next-generation leadership, with a sharper focus on disciplined growth and long-term institutional excellence.
For Q3 FY26, the Company reported total income from operations of ₹294.83 crore, up from ₹203.52 crore in Q3 FY25. Net profit for the quarter stood at ₹52.16 crore, compared to ₹27.18 crore in the corresponding quarter of the previous financial year.
Compared to the same quarter last year, total income from operations increased by 44.86%, while net profit rose by 91.88%. The strong growth across key financial metrics reflects steady portfolio expansion, improved operating leverage, and sustained focus on portfolio quality. Assets Under Management (AUM) stood at ₹5494.58 crore as on December 31, 2025, reflecting the continued expansion of Muthoot M Cred’s secured gold loan portfolio.
Key Performance Highlights – Q3 FY26
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Assets Under Management (AUM): ₹5494.58 crore as of December 31, 2025, reflecting 43.98 % year-on-year growth over ₹3816.15 crore reported in December 2024.
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Total Income from Operations (Quarter): ₹294.83 crore, representing 44.86% YoY growth.
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Asset Quality: Gross NPA stood at 0.70%, while Net NPA stood at 0.42% as of December 31, 2025.
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Profit After Tax (Quarter): ₹52.16 crore, marking a 52.60% year-on-year increase.
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Gold Loan Portfolio Contribution: Contributed 94.02% of total AUM as of December 31, 2025.
Mr. Mathew Muthoottu, Managing Director, Muthoot MCred Limited, said, “The transition to Muthoot MCred Limited signifies our evolution into a professionally managed institution prepared for the future of financial services. The performance in Q3 FY26 reflects the resilience of our business model and our commitment to sustainable growth. The strong increase in income and profitability demonstrates the strength of our lending operations and the trust placed in us by our customers. We remain focused on maintaining portfolio quality while expanding responsibly.”
Mr. P. E. Mathai, Chief Executive Officer, Muthoot MCred Limited, added, “The strong quarterly results reaffirm our strategic direction and operational discipline. As we enter this new phase, we remain focused on strengthening portfolio quality, enhancing efficiency, and leveraging technology to improve customer experience while maintaining prudent risk management standards.”
Muthoot M Cred continues to maintain the requisite asset cover for its secured listed non-convertible debentures in accordance with regulatory requirements. The strong quarterly performance further reinforces the structural transformation undertaken over the past several years, culminating in the transition to the Muthoot M Cred identity.
The rebranding signifies far more than a name change; it reflects our sustained focus on professionalising operations, modernising digital infrastructure, strengthening governance frameworks, and building scalable risk management systems to support long-term growth.
With a strengthened institutional foundation and a renewed corporate identity, Muthoot MCred Limited is well positioned to pursue disciplined AUM expansion while maintaining regulatory compliance and robust governance standards. Rooted in its legacy yet forward-looking in its approach, the institution remains committed to responsible finance, institutional excellence, and delivering sustainable long-term value to all stakeholders.