CreditBrief

What Muthoot Finance lends, and to whom

Its loan book from its own filings: how big it was at the end of FY2025-26, who borrows from it, how it has grown and where it ranks. Every number links to the page it came from.

FY2025-26Year-end balance on 31 March 2026, the last day of FY2025-26. The latest half-year balance, on 30 Sep 2026, is ₹1.88 lakh crore (+15% since March).

Muthoot FinanceNBFCs

₹1.63lakh croreloan AUM, standalone on 31 Mar 2026: lent and not yet repaid

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Size among peers5thof 13 NBFCs on CreditBrief, March 2026
Biggest segment95.3%Gold Loan AUM, latest split (30 Sep 2026)
Share of the combined book7.3%of all NBFCs on CreditBrief

Chapter 01 · The loan book

₹1.63 lakh crore lent out by March 2026. To whom?

A loan book is everything a lender has lent that has not yet been paid back. It is not profit and not revenue: it is the money still owed to it, on one day.

The simple version. When someone takes a ₹50 lakh home loan, it sits in Muthoot Finance's loan book until it is repaid. Add up every loan it had out on 31 March 2026, from gold loan aum down, and you get ₹1.63 lakh crore. By 30 Sep 2026 it was ₹1.88 lakh crore.

First cut: who the borrower is · split from its latest filing, 30 Sep 2026

95%People and households₹1.79 lakh croreGold Loan AUM

5% sits in lines the filing does not tie to either: Other Loans.

Drilling down: what it lends against · 30 Sep 2026

  • Gold Loan AUM₹1.79 lakh crore95.3%
  • Other Loans₹8,854 crore4.7%

Muthoot Finance on its own, not its subsidiaries. Gold loans are ₹1,78,956 crore of the total. With subsidiaries the group lends ₹2,09,317 crore (page 19). The filing states figures in ₹ million.

Sources: Muthoot Finance Investor Presentation Q4 FY26, PDF page 28 ↗ for March 2026; Muthoot Finance Investor Presentation Q2 FY27, PDF page 29 ↗ for 30 Sep 2026 and the split.

Chapter 02 · Insights

Growing 29% a year since March 2022.

From ₹58,053 crore on 31 March 2022 to ₹1.63 lakh crore on 31 March 2026, and ₹1.88 lakh crore by 30 Sep 2026. Click the i beside any figure in the table to see the line it was read from.

CreditBrief Insights16 figures from 6 filings · each checked against its pageHow it works
Muthoot Finance · loan book · 31 March 2026₹1.63lakh crore+50% in FY2025-26₹1.88 lakh crore by 30 Sep 2026
  1. 0129%a year since 2022Grew 29% a year from March 2022 to March 2026, faster than 8 of the 10 other NBFCs with like-for-like figures for those years.
  2. 0250%in FY2025-26Growth picked up to 50% in FY2025-26, from 43% the year before.
  3. 037thamong peersMoved up from 7th to 5th biggest of these 13 NBFCs between March 2022 and March 2026.
Branches4,968+2.3% · in FY2025-26
Mobile app users6 million+82% · in FY2025-26
MeasureMar 2022Mar 2023Mar 2024Mar 2025Mar 2026Sep 2026
Loan book₹ crore · loan AUM, standalone58,05363,21075,8271,08,6481,62,8261,87,810
BranchesNumber4,6174,7394,8544,8554,9685,230
Mobile app usersMillion3.13.366.7

Each value was checked by script: the quoted line is on the cited page and its number matches. Growth is worked out from these values.

Insights alertQ3 FY2026-27 due by 14 Feb 2027

Know what moved at Muthoot Finance, the week its results land.

Insights reads the filing, checks every figure against its page, and emails you the story with the receipts. About four emails a year per lender.

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CreditBrief Insightsto you

Muthoot Finance, Q2 FY2026-27: loan book ₹1.88 lakh crore, +15% since March

  • ₹1.88 lakh crore lent out by Q2 FY2026-27
  • Biggest segment: Gold Loan AUM, 95% of the book
  • Every figure links to page 29 of its filing

Chapter 03 · Among its peers

5th biggest of 13 NBFCs we cover, March 2026.

At the end of FY2025-26 it held 7.3% of the combined loan book of the NBFCs on CreditBrief. NBFCs and housing finance companies report assets under management.

  1. 1Bajaj Finance₹5.10 lakh crore
  2. 2Shriram Finance₹3.02 lakh crore
  3. 3Tata Capital₹2.77 lakh crore
  4. 4Cholamandalam Investment and Finance₹2.24 lakh crore
  5. 5Muthoot Finance₹1.63 lakh crore
  6. 6Aditya Birla Capital₹1.60 lakh crore
  7. 7Mahindra Finance₹1.34 lakh crore
  8. 8L&T Finance₹1.22 lakh crore

Explore every lender's loan book. CreditBrief covers 53 lenders, not every lender in India.

Chapter 04 · Working here

Getting in.

Jobs at Muthoot Finance

Openings are on the lender's own careers page, which we loaded and read on the jobs page.

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Chapter 05 · Sources

Every number, traced to its filing.

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