Muthoot Finance Q1 Results, Muthoot Finance Shares Today: Muthoot Finance shares surged 8 per cent in early trade on Thursday. The company is grabbing headlines again after delivering a really strong performance in its June quarter (Q1 FY26). The company posted its highest-ever quarterly profit, beating expectations and showing solid growth across the board. That’s got several brokerages excited — and they’ve responded by raising their price targets and recommending the stock.
Muthoot Finance Q1 Results
For the quarter ending June 30, Muthoot Finance’s net profit jumped nearly 90% year-on-year to Rs 2,046 crore — its best quarterly number ever. Net interest income went up by over 50%, hitting Rs 3,473 crore, and profit margins improved too. Plus, its total assets under management (AUM) reached a record Rs 1.33 lakh crore, up 37% from last year.
What Are the Brokerages Saying?
Morgan Stanley bumped up its price target from Rs 2,880 to Rs 2,920. They like the company’s strong returns and steady earnings, plus they see very little risk on the asset quality front.
Jefferies raised their target price quite a bit — from Rs 2,660 to Rs 2,950. They think rising gold prices and the chance to increase loan-to-value ratios will help Muthoot grow even faster. They also called it a “defensive” stock, good to hold during uncertain times, and expect profits to keep growing strongly over the next few years.
CLSA kept their “Accumulate” rating and lifted their target from Rs 2,470 to Rs 2,740.
Bernstein stuck with an “Outperform” rating and raised their target price to Rs 2,700 from Rs 2,500.
What Does This Mean for Investors?
Muthoot Finance’s stock has already climbed about 13% this year — a lot better than the Nifty 50’s modest 2% gain. With strong profits, growing assets, and a stable balance sheet, many analysts believe the stock still has room to run.