About
Mufin Green Finance Limited operates as a non-banking financial company in India. The company offers various loans for electric vehicles, electric charging infrastructure, and swappable batteries. It also provides operating or financial lease to fleet operators for the vehicles owned by the company. In addition, the company offers securities investment services; and solar financing and insurance premium financing services. It serves businesses, and small and medium enterprises. Mufin Green Finance Limited was formerly known as APM Finvest Limited. The company was incorporated in 2016 and is based in Delhi, India.
Key Metrics
as of Sep 2026Market Cap2,722 Cr
P/E71.90
Div Yield0.00 %
Book Value₹29.00
52w High₹144.00
52w Low₹83.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 16.00 | 12.00 | 12.00 | 17.00 | 17.00 | 12.00 | 11.00 | 9.00 | 10.00 | 9.00 | 7.00 | 7.00 | 7.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 |
| Interest | 41.00 | 38.00 | 31.00 | 26.00 | 25.00 | 23.00 | 24.00 | 22.00 | 20.00 | 17.00 | 13.00 | 9.00 | 6.00 |
| Profit before tax | 19.00 | 15.00 | 9.00 | 8.00 | 6.00 | 5.00 | 8.00 | 8.00 | 6.00 | 5.00 | 6.00 | 5.00 | 5.00 |
| Tax % | 26.00 | 25.00 | 25.00 | 27.00 | 25.00 | 19.00 | 26.00 | 29.00 | 26.00 | 21.00 | 25.00 | 25.00 | 25.00 |
| Net Profit | 14.00 | 11.00 | 7.00 | 6.00 | 4.00 | 4.00 | 6.00 | 6.00 | 5.00 | 4.00 | 5.00 | 4.00 | 3.00 |
| EPS in Rs | 0.71 | 0.56 | 0.40 | 0.35 | 0.24 | 0.24 | 0.37 | 0.35 | 0.28 | 0.25 | 0.30 | 0.27 | 0.23 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Expenses | 50.00 | 42.00 | 29.00 | 16.00 | 2.00 | 0.00 | 8.00 | 0.00 | 0.00 | 0.00 |
| Other Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 120.00 | 90.00 | 45.00 | 6.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 3.00 | 3.00 | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 38.00 | 27.00 | 21.00 | 11.00 | 13.00 | 23.00 | -7.00 | 3.00 | 0.00 | 0.00 |
| Tax % | 26.00 | 26.00 | 24.00 | 25.00 | 14.00 | 12.00 | -9.00 | 14.00 | 23.00 | 0.00 |
| Net Profit | 28.00 | 20.00 | 16.00 | 8.00 | 11.00 | 20.00 | -6.00 | 3.00 | 0.00 | 0.00 |
| EPS in Rs | 1.43 | 1.24 | 0.99 | 0.54 | 0.84 | 1.53 | -0.47 | — | — | — |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 20.00 | 16.00 | 16.00 | 5.00 | 4.00 | 4.00 | 4.00 | 4.00 | 2.00 | 2.00 |
| Reserves | 555.00 | 254.00 | 228.00 | 149.00 | 97.00 | 86.00 | 67.00 | 73.00 | 0.00 | 0.00 |
| Other Liabilities | 55.00 | 47.00 | 41.00 | 16.00 | 1.00 | 2.00 | 0.00 | 1.00 | 0.00 | 0.00 |
| Total Liabilities | 2,028.00 | 1,021.00 | 926.00 | 395.00 | 103.00 | 93.00 | 82.00 | 78.00 | 2.00 | 2.00 |
| Fixed Assets | 7.00 | 6.00 | 9.00 | 3.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 165.00 | 5.00 | 5.00 | 3.00 | 10.00 | 73.00 | 59.00 | 66.00 | 1.00 | 0.00 |
| Other Assets | 1,855.00 | 1,010.00 | 912.00 | 389.00 | 91.00 | 20.00 | 22.00 | 12.00 | 1.00 | 2.00 |
| Total Assets | 2,028.00 | 1,021.00 | 926.00 | 395.00 | 103.00 | 93.00 | 82.00 | 78.00 | 2.00 | 2.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -695.00 | -142.00 | -359.00 | -175.00 | -58.00 | 4.00 | -13.00 | 3.00 | -2.00 | 0.00 |
| Cash from Investing Activity | -173.00 | 90.00 | -57.00 | -85.00 | 67.00 | 6.00 | -1.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activity | 925.00 | 56.00 | 486.00 | 269.00 | 0.00 | -10.00 | 10.00 | 0.00 | 0.00 | 2.00 |
| Net Cash Flow | 57.00 | 4.00 | 70.00 | 8.00 | 9.00 | 0.00 | -3.00 | 3.00 | -2.00 | 2.00 |
| Free Cash Flow | -699.00 | -143.00 | -361.00 | -175.00 | -60.00 | 4.00 | -13.00 | 3.00 | -2.00 | 0.00 |
| CFO/OP % | -431.00 | -117.00 | -518.00 | -921.00 | -435.00 | 22.00 | 185.00 | 127.00 | -1,469.00 | 600.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|
Corporate Actions
3 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Bonus | 07 Jul 2023 | 07 Jul 2023 | 2:1 | — | |
| Split | 13 Apr 2023 | 15 Apr 2023 | 2:1 | — | |
| Dividend | 20 Sep 2022 | — | — | 0.20 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update21 Jul from crisil
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Rating update6 May from crisil
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Rating update31 Mar from crisil