Mufin Green Finance H1 Profit Surges 233% to Rs 29 Crore

Consolidated PAT stood at Rs 29.07 crore for H1 FY27, compared to Rs 8.73 crore in H1 FY26. Total revenue climbed to Rs 166.72 crore from Rs 95.93 crore in the corresponding period last year.

Reader Takeaway: Strong profit growth and aggressive fintech expansion drive value; execution of new strategic acquisitions remains critical.

What just happened

Mufin Green Finance has reported a robust financial performance for the half-year ended September 30, 2026. Alongside the strong bottom-line growth, the company announced two major strategic moves to pivot toward technology-led finance. It has signed an MOU to acquire a 20% stake in Avyayam Infotech (Arthum) to provide tech solutions for NBFCs and committed Rs 65.75 crore to acquire a 23% stake in Bimapay Finsure. The Bimapay transaction is expected to close within the next 3 to 4 months.

Why this matters

The triple-digit percentage growth in net profit reflects improving operational efficiency and scaled lending activities. By moving into the fintech sector through stakes in Arthum and Bimapay, the company is attempting to reduce dependency on traditional lending models and integrate technology to reach a broader base of workers and contractors through small-ticket loans.

Risks to watch

Investors should note that both transactions involve external entities; the successful integration of these fintech platforms into Mufin’s existing business model is not guaranteed. Regulatory requirements and customary closing conditions for the stake acquisition in Bimapay Finsure could potentially impact the planned timeline.

Context metrics

Basic EPS rose significantly to Rs 1.47 in H1 FY27, up from Rs 0.52 in the previous year's corresponding period. This EPS expansion underscores the company's improved profitability relative to its equity base.