Mufin Green Finance Limited · NSE:MUFIN
Mufin Green Finance — Q1 FY27 Earnings Presentation
20 slides from Mufin Green Finance's earnings presentation, Aug 11, 2026
Slide 1: Regulation 30 intimation to stock exchanges
August 11, 2026 To, To, BSE Limited National Stock Exchange of India Limited P. J. Towers, Dalal Street, Exchange Plaza, Bandra - Kurla Complex, Fort, Mumbai – 400 001 Bandra (East), Mumbai - 400 051 Ref: BSE Scrip Code 542774 Ref: MUFIN Sub: Intimation under Regulation 30 of the SEBI (Listing Oblig
Slide 2: Mufin Green Finance Limited – Q1 FY27 Investor Presentation
MUFIN GREEN FINANCE Limited Financing India's Green Transition A– (Stable) A+ (SO) Q1 FY27 · INVESTOR PRESENTATION Acuité Rating CRISIL Rating NSE & BSE Listed RBI Licensed NBFC IPF · Climate financing · Salary Saathi · Business Loan New Delhi, India
Slide 3: Disclaimer
Disclaimer Important Notice | Please Read Carefully Before Proceeding General Notice This presentation (“Presentation”) has been prepared by Mufin Green Finance Limited (“MGFL” or the “Company”) solely for informational purposes. The information contained herein is being provided to select recipient
Slide 4: About Mufin Green Finance Limited
MUFIN ABOUT GREEN FINANCE LIMITED India's First Listed NBFC | Climate & Mediclaim Financing Mufin Green Finance Limited (MGFL) is India’s first listed NBFC dedicated DISBURSEMENT Q1 to climate and mediclaim financing. Incorporated in 2016 and listed on AUM Q1 FY27 FY27 the BSE and NSE, the Company i
Slide 5: Portfolio Overview — AUM Mix
PRODUCT PORTFOLIO PORTFOLIO OVERVIEW — AUM MIX AUM mix as of June'26 · Mediclaim & Salary Saathi scaling fastest in Q1 FY27 Mediclaim Financing ₹676.61 Cr AUM 42% Climate Financing ₹410.83 Cr AUM 26% 18–24% Yield (IRR) 10+ insurer partners 15–24% Yield (IRR) Preferred partner Q1 FY27 disbursement +5
Slide 6: Mediclaim Financing — Q1 FY27 Performance
MEDICLAIM FINANCING · FLAGSHIP VERTICAL MEDICLAIM FINANCING — Q1 FY27 PERFORMANCE Quarter ended June 30, 2026 vs quarter ended June 30, 2025 (YoY) MONTHLY TREND — FY26 vs FY27 ₹247.08 Cr DISBURSEMENT AMOUNT vs ₹158.18 Cr · +56.2% YoY Month FY26 Count FY26 Amt FY27 Count FY27 Amt Count YoY April 13,0
Slide 7: Mediclaim Financing — Why the Model Scales
MEDICLAIM FINANCING · WHY IT SCALES MEDICLAIM FINANCING — WHY THE MODEL SCALES Point-of-sale health premium EMIs, engineered for low risk and high velocity Zero-Friction Distribution Self-Securing Structure 1 2 Embedded directly into multiple insurer checkout flows, so On default, the underlying pol
Slide 8: Salary Saathi State-wise Performance
SALARY SAATHI · GOVERNMENT LENDING SALARY SAATHI — Q1 FY27 STATE-WISE PERFORMANCE Quarter ended June 30, 2026 (Apr–Jun 2026) | Payroll-linked lending for government employees QUARTER-OVER-QUARTER DISBURSEMENT GROWTH Monthly Disbursement by State TOTAL DISBURSEMENT (₹ Cr) ₹38.20 Cr State Q4 FY26 Q1 F
Slide 9: Salary Saathi — Government Partnership Expansion
SALARY SAATHI · DISTRIBUTION EXPANSION SALARY SAATHI — GOVERNMENT PARTNERSHIP EXPANSION Scaling the MoU-backed distribution model beyond Rajasthan and Assam LIVE STATES — ANCHOR MARKETS Rajasthan Mature anchor market, disbursing since inception 6+ STATE GOVERNMENT MoUs — IN-PROGRESS WHAT THIS MEANS
Slide 10: Climate Financing Update
CLIMATE FINANCING CLIMATE FINANCING — Q1 FY27 UPDATE Asset-backed financing and leasing for electric vehicles and solar systems Financing and leasing solutions for electric vehicles WHY EV & SOLAR REMAINS QUALITY- Quarterly Disbursements (₹ Cr) and solar systems across E3W, E4W, buses, COMPOUNDING 1
Slide 11: Other Loans (MSME) Update
OTHER LOANS (MSME) · Q1 FY27 UPDATE OTHER LOANS (MSME) — Q1 FY27 UPDATE Scalable, secured, SMEs and corporates AUM (Mar-26) Quarterly Disbursements (₹ Cr) ₹458.84 Cr 300 259.23 250 Scalable financing solutions for MSMEs and emerging corporates Mufin Green Finance limited supports MSMEs, SMEs 200 and
Slide 12: Q1 FY27 Scorecard
EXECUTIVE SUMMARY · Q1 FY27 Q1 FY27 SCORECARD Quarter ended June 30, 2026 ₹247.08 Cr 48,214 ₹38.20 Cr ₹125.00 Cr MEDICLAIM DISBURSEMENT MEDICLAIM LOAN COUNT SALARY SAATHI DISBURSEMENT NEW LENDER FACILITIES +56.2% YoY vs ₹158.18 Cr +48.4% YoY vs 32,500 loans +38.4% QoQ vs ₹27.61 Cr Union Bank & Wint
Slide 13: Financial Snapshot — P&L (Consolidated)
FINANCIALS FINANCIAL SNAPSHOT — Q1 FY27 P&L (Consolidated) Metric Q1 FY27 Q1 FY26 YoY % Q4 FY26 FY 26 Interest Income ₹76.44 Cr ₹47.24 Cr 61.8 % ₹63.81 Cr ₹206.98 Cr Net Interest Income (NII) ₹35.16 Cr ₹21.40 Cr 64.3 % ₹26.31 Cr ₹86.93 Cr Operating Expenses ₹13.55 Cr ₹16.37 Cr -17.2 % ₹10.40 Cr ₹42.
Slide 14: Profitability & Income Trend
FINANCIALS · PROFITABILITY PROFITABILITY & INCOME TREND — Q1 FY27 PBT — QUARTERLY TREND (₹ Cr) NET INTEREST INCOME — QUARTERLY TREND (₹ Cr) 20 40 18.82 18 35.16 35 16 14.83 30 14 26.31 25 12 22 21.84 20.85 10 9.4 20 8.25 8 15 6 5.5 10 4 5 2 0 0 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27* Q1 FY26 Q2 FY2
Slide 15: AUM & Disbursement Trends
AUM & DISBURSEMENTS AUM & DISBURSEMENT TRENDS — Q1 FY27 Consistent Quarterly Growth Disbursements are outpacing AUM growth. Net AUM grew by 69.4% from Q1 FY26 to Q1 FY27, while quarterly disbursements grew by 37.3% over the same period. Net AUM vs Quarterly Disbursements (₹ Cr) 2500 69.4% Growth in
Slide 16: Borrowing Profile
FINANCIALS · FUNDING BORROWING PROFILE — Q1 FY27 New lender additions confirmed | Cost-of-funds trend, Q1 FY27 BORROWINGS MIX & LENDERS TOTAL BORROWINGS TOTAL LENDERS COST OF BORROWINGS ₹ 1,550.99 Cr 35+ 11.17% BORROWING MIX — TREND (FY24–Q1 FY27) COST OF BORROWING – QUARTERLY TREND (%) 13.5 10% 10%
Slide 17: Cumulative Disbursements vs Headcount — Operating Leverage
OPERATIONS · EFFICIENCY Cumulative Disbursements vs Headcount — Operating Leverage Disbursements growing 6.9× while headcount fell 26.45% — strongest operating leverage in Company history 2500 600 CUMULATIVE DISBURSEMENTS ₹2,217 Cr 2000 550 Q1 FY27 (cumulative) Cumulative Disbursements (₹ Cr) 499 50
Slide 18: Credit Rating
FINANCIALS · RATINGS Credit Rating — Q1 FY27 ACUITE Rating Journey, rating impact | Mediclaim(CRISIL) ACUITE Credit Rating Trajectory CRISIL LGD RATING — A+ MEDICLAIM POOL A A- A- A- BBB+ Stable Stable 1% + 0.25% Stable BBB+ BBB Loss Given Default assigned by Stable BBB CRISIL in Q1 FY27, reinforcin
Slide 19: Balance Sheet for FY26 & FY25
FINANCIALS Balance Sheet For FY26 & FY25 BALANCE SHEET Item Mar-26 Mar-25 Loan Book (AUM) ₹1,541.17 Cr ₹838.44 Cr Total Borrowings ₹1,397.60 Cr ₹703.67 Cr Net Worth ₹574.65 Cr ₹270.25 Cr Total Assets ₹2,027.51 Cr ₹1,021.38 Cr Cash & Liquid Assets ₹149.07 Cr ₹91.74 Cr A 32.37% CRAR against a 15% regu
Slide 20: Thank You
Thank You Q1 FY2026–27 | MUFIN GREEN FINANCE LIMITED Building India's premier green finance institution — profitably and responsibly. CONNECT WITH OUR INVESTOR RELATIONS TEAM Vishwas Kumar — Investor Relations Manager EMAIL WEBSITE ADDRESS 202, 2nd Floor, Best Sky Tower, ir@mufinfinance.com www.mufi