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Mufin Green Finance Limited (MUFIN) Fair Value & Analysis

Financial Services · IN · Market cap ₹26.8B

MG Mufin Green Finance Limited MUFIN · NSE
Price₹135.30
Fair Value₹28.52
Upside-78.9%
Quality51/100
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Evidence: High Range ₹21.39 – ₹35.66

Fair value as of: Jul 3, 2026

From 17 valuation models · updated today

Share price +10.3% over the past month.

Price vs Fair Value (12 months)

₹135.56 ₹83.89 Fair Value ₹28.52 Jul 2025 Jul 2026

12‑month range ₹83.89 – ₹135.56 · fair‑value band ₹21.39 – ₹35.66 · the ₹135.30 price screens above the ₹28.52 fair value. As of Jul 3, 2026.

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Analysis

Mufin Green Finance Limited (MUFIN) currently trades at ₹135.30, while our model-based Fair Value estimate is ₹28.52 — implying the stock looks roughly 78.9% overvalued today. We read business quality at 51/100 (solid quality), in the Financial Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Mufin Green Finance Limited generated revenue of ₹836M at a net margin of 33.8%. Revenue grew 5.6% year over year. It earns a return on equity of 6.7%. Net debt stands at ₹11.8B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹836M
Revenue growth (YoY) +5.6%
Net margin 33.8%
Return on equity 6.7%
Free cash flow −₹160M FY2026
P/E ratio 83.0
More key figures
Operating margin 57.1%
EPS (TTM) ₹1.63
EPS growth (YoY) +200%
Net debt ₹11.8B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

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.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Mufin Green Finance Limited reported revenue of ₹2.1B in FY2026 versus ₹153M in FY2022, a compound +92.8%/yr. Reported net income was ₹283M in FY2026, compounding +26.9%/yr from FY2022.

Revenue +92.8%/yr
FY22 ₹153M
FY23 ₹331M
FY24 ₹903M
FY25 ₹1.8B
FY26 ₹2.1B
Net income +26.9%/yr
FY22 ₹109M
FY23 ₹81.2M
FY24 ₹161M
FY25 ₹192M
FY26 ₹283M

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Similar stocks

6 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

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Visa Inc 3V64 €283.80 €135.27 -52%
Mastercard Incorporated M4I €425.90 €272.71 -36%
American Express Company AXP C$28.87 C$17.03 -41%
Capital One Financial Corporation COF $183.20 $122.33 -33%
Bajaj Finance Limited BAJFINANCE ₹968.30 ₹720.78 -26%
PayPal Holdings PYPL34 R$11.10 R$3.93 -65%

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Frequently asked questions

Is Mufin Green Finance Limited (MUFIN) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹28.52 versus a price of ₹135.30 — about −79% (overvalued). Model-based estimate, not financial advice.
What is the fair value of MUFIN?
Our model-based fair value for Mufin Green Finance Limited is ₹28.52 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹135.30.
What is the quality score of MUFIN?
Mufin Green Finance Limited has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Mufin Green Finance Limited (MUFIN)?
Mufin Green Finance Limited reported trailing-twelve-month revenue of about ₹836M (latest available figure, as of Jul 3, 2026).
What is the net profit margin of MUFIN?
The net profit margin of Mufin Green Finance Limited is about 33.8%, meaning it keeps roughly 33.8% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.