Muthoot Finance MD: FY26 Growth to Exceed Guidance, Momentum Strong

• Muthoot Finance MD George Alexander Muthoot expects FY26 growth to surpass its upgraded guidance of 30-35%.
• Strong performance in Q1 and Q2FY26 saw AUM rise 23%, with momentum continuing into Q3.
• Rising gold prices and tighter unsecured lending are driving increased demand for gold loans.
• The company maintains a conservative 57% net loan-to-value ratio, well below regulatory limits.
• Muthoot Finance sees ample market space, benefiting from higher AUM per branch and lower operating costs.

Why It Matters: Muthoot Finance anticipates FY26 growth to surpass expectations, driven by strong gold loan demand.