Mufin Green Finance Ltd (MUFIN) - Net Assets
Based on the latest financial reports, Mufin Green Finance Ltd (MUFIN) has net assets worth Rs3.17 Billion INR (≈ $34.28 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs12.38 Billion ≈ $133.92 Million USD) and total liabilities (Rs9.21 Billion ≈ $99.64 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Mufin Green Finance Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.17 Billion |
| % of Total Assets | 25.6% |
| Annual Growth Rate | 84.44% |
| 5-Year Change | 196.77% |
| 10-Year Change | N/A |
| Growth Volatility | 1082.15 |
Mufin Green Finance Ltd - Net Assets Trend (2017–2025)
This chart illustrates how Mufin Green Finance Ltd's net assets have evolved over time, based on quarterly financial data. Also explore MUFIN current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Mufin Green Finance Ltd (2017–2025)
The table below shows the annual net assets of Mufin Green Finance Ltd from 2017 to 2025. For live valuation and market cap data, see MUFIN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs2.69 Billion ≈ $29.12 Million |
+10.30% |
| 2024-03-31 | Rs2.44 Billion ≈ $26.40 Million |
+58.83% |
| 2023-03-31 | Rs1.54 Billion ≈ $16.62 Million |
+51.25% |
| 2022-03-31 | Rs1.02 Billion ≈ $10.99 Million |
+12.00% |
| 2021-03-31 | Rs907.24 Million ≈ $9.81 Million |
+28.05% |
| 2020-03-31 | Rs708.50 Million ≈ $7.66 Million |
-7.93% |
| 2019-03-31 | Rs769.54 Million ≈ $8.32 Million |
+3295.13% |
| 2018-03-31 | Rs22.67 Million ≈ $245.12K |
+12.76% |
| 2017-03-31 | Rs20.10 Million ≈ $217.38K |
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Equity Component Analysis
This analysis shows how different components contribute to Mufin Green Finance Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 463279.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs465.82 Million | 17.28% |
| Common Stock | Rs163.49 Million | 6.06% |
| Other Comprehensive Income | Rs1.03 Billion | 38.32% |
| Other Components | Rs1.03 Billion | 38.33% |
| Total Equity | Rs2.70 Billion | 100.00% |
Mufin Green Finance Ltd Competitors by Market Cap
The table below lists competitors of Mufin Green Finance Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nextgreen Global Bhd
KLSE:7241
|
$214.12 Million |
|
The Korea Fund Inc
F:KOF1
|
$214.17 Million |
|
Platinum Group Metals Ltd
TO:PTM
|
$214.25 Million |
|
DaeChang Solution Co. Ltd
KQ:096350
|
$214.30 Million |
|
Alta Equipment Group Inc
NYSE:ALTG
|
$214.04 Million |
|
Guangdong Electric Power Devel
SHE:200539
|
$214.03 Million |
|
Aspo Oyj
HE:ASPO
|
$214.01 Million |
|
GigCapital7 Corp. Class A Ordinary Share
NASDAQ:GIG
|
$214.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mufin Green Finance Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,440,975,000 to 2,695,676,000, a change of 254,701,000 (10.4%).
- Net income of 192,428,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 21,665,999.
- Other factors increased equity by 40,607,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs192.43 Million | +7.14% |
| Other Comprehensive Income | Rs21.67 Million | +0.8% |
| Other Changes | Rs40.61 Million | +1.51% |
| Total Change | Rs- | 10.43% |
Book Value vs Market Value Analysis
This analysis compares Mufin Green Finance Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 7.30x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 341.13x to 7.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | Rs0.34 | Rs114.28 | x |
| 2018-03-31 | Rs0.38 | Rs114.28 | x |
| 2019-03-31 | Rs5.93 | Rs114.28 | x |
| 2020-03-31 | Rs5.46 | Rs114.28 | x |
| 2021-03-31 | Rs7.00 | Rs114.28 | x |
| 2022-03-31 | Rs7.84 | Rs114.28 | x |
| 2023-03-31 | Rs10.92 | Rs114.28 | x |
| 2024-03-31 | Rs15.91 | Rs114.28 | x |
| 2025-03-31 | Rs15.66 | Rs114.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mufin Green Finance Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.14%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.83%
- • Asset Turnover: 0.17x
- • Equity Multiplier: 3.83x
- Recent ROE (7.14%) is above the historical average (5.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.55% | 10.32% | 0.05x | 1.03x | Rs-1.90 Million |
| 2018 | 4.42% | 64.34% | 0.07x | 1.01x | Rs-1.26 Million |
| 2019 | 3.55% | 195.04% | 0.02x | 1.01x | Rs-49.62 Million |
| 2020 | -8.62% | -529.92% | 0.01x | 1.15x | Rs-131.89 Million |
| 2021 | 21.91% | 361.93% | 0.06x | 1.02x | Rs108.02 Million |
| 2022 | 10.71% | 71.33% | 0.15x | 1.01x | Rs7.21 Million |
| 2023 | 5.28% | 24.53% | 0.08x | 2.57x | Rs-72.51 Million |
| 2024 | 6.58% | 17.79% | 0.10x | 3.79x | Rs-83.48 Million |
| 2025 | 7.14% | 10.83% | 0.17x | 3.83x | Rs-77.14 Million |
Industry Comparison
This section compares Mufin Green Finance Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $36,896,520,071
- Average return on equity (ROE) among peers: 9.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mufin Green Finance Ltd (MUFIN) | Rs3.17 Billion | 0.55% | 2.91x | $214.10 Million |
| Akme Fintrade India Ltd (AFIL) | $1.30 Billion | 0.00% | 2.50x | $41.31 Million |
| Arman Financial Services Limited (ARMANFIN) | $392.47 Million | 15.69% | 2.49x | $169.77 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $19.08 Million |
| Bajaj Finance Limited (BAJFINANCE) | $48.00 Billion | 18.71% | 5.84x | $62.99 Billion |
| Capri Global Capital Limited (CGCL) | $13.83 Billion | 9.81% | 2.09x | $1.94 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $195.93 Billion | 17.46% | 7.00x | $14.26 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $39.31 Billion | 10.79% | 6.73x | $3.16 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $69.56 Billion | 7.64% | 3.00x | $2.25 Billion |
| CSL Finance Limited (CSLFINANCE) | $983.69 Million | 13.27% | 0.12x | $55.14 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-453.82 Million | 0.00% | 0.00x | $1.13 Million |
About Mufin Green Finance Ltd
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 … Read more