Mufin Green Finance Ltd (NSE: MUFIN): Today, BSE Sensex gained 376.26 points and ended at 72,426.64 points.
Nifty which is part of the National Stock Exchange was successful in closing at 22,040.70 points, with a gain of 129.95 points.
In the bullish period of the market, there was a slight decrease in the stock of Muffin Green Finance Limited on Friday.
It closed at the price of Rs 241.60. In the course of trading Muffin Green Finance’s shares Muffin Green Finance had touched the Rs 249 mark.
52-week High
The 52-week high of share of Muffin Green Finance is Rs 274.20, with an estimated market capitalization of 3651 crores and the 52-week low is 108.
Mufin Green Finance Performance
Over the last year, the stock of Mufin Green Finance has given investors a return of 80 percent to investors, whereas the share of Mufin Green Finance has given an annual return of 6240 percent to investors in the long run.
Financial Planning Services
Muffin Green Finance operates as an investment company that offers advice on investment and capital preservation, asset management as well as financial planning services.
Muffin Green Finance has reported the growth of its profits to 141 percent in the last five years of its operation.
Impressive Quarter-end Results
Muffin Green Finance has recorded impressive quarter-end results. Muffin Green Finance’s sales for the quarter ending December of the current fiscal year are up 155 percent on a basis of year-on-year to 27.18 crore.
The operating profits of the business have grown by 334 percent, reaching Rs 19.66 crore, while the net profit has risen from 98.7 percent to 4.5 crore.
Going To Purchase 45.32 Percent Stake
Mufin Green Finance is going to purchase a 45.32 percent stake in LKP Finance. Over the last three months, Mufin Green Finance shares have provided a hefty yield of 6240 percent for investors, starting at the low of just Rs 4.
Stock Split
On the 13th of April, shares of Mufin Green Finance were split in a ratio of two to one. Then, on the 2nd of July, 2023 investors were awarded bonus shares in the ratio of two-to-one.
About Mufin Green Finance Ltd
Mufin Green Finance is India’s only listed NBFC that focuses 100 percent on EV finance. They have financed more than 300Cr worth of EV assets in the past two years with a capital base of 150Cr, a history of disbursements of 250Cr, and EV vehicles.
The company’s commitment to sustainability and financial inclusion has helped us become one of the leading EV finance providers in the country. Their operating territory is spread over 14 states. The company has a market share of 7-8% for Erickshaw Financing.
The company’s goal is to revolutionize India’s EV industry by providing customized financing solutions that meet the specific needs of this segment.
They have already disbursed more than INR 300 crores towards electric vehicles, making a tangible difference to the health of our planet.
Fundamental Analysis of Mufin Green Finance Ltd
| Market Cap | ₹ 3,651 Cr. |
| Current Price | ₹ 241.60 |
| 52-wk High | ₹ 274.40 |
| 52-wk Low | ₹ 108.05 |
| Stock P/E | 417.75 |
| Book Value | ₹ 10.7 |
| Dividend | 0.00 |
| ROCE | 7.00 % |
| ROE | 6.40 % |
| Face Value | ₹ 1.00 |
| P/B Value | 22.7 |
| OPM | 66.7 % |
| EPS | ₹ 0.97 |
| Debt | ₹ 399 Cr. |
| Debt to Equity | 2.48 |
Mufin Green Finance Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹ 250 | ₹ 289 |
| 2025 | ₹ 300 | ₹ 321 |
| 2026 | ₹ 326 | ₹ 335 |
| 2027 | ₹ 350 | ₹ 380 |
| 2028 | ₹ 400 | ₹ 436 |
| 2029 | ₹ 450 | ₹ 487 |
| 2030 | ₹ 500 | ₹ 543 |
Mufin Green Finance Ltd Shareholding Pattern
| Promoters Holding | |
| Mar 2023 | 58.19% |
| June 2023 | 58.19% |
| Sept 2023 | 58.18% |
| Dec 2023 | 58.18% |
| Jan 2024 | 57.14% |
| DII Holding | |
| Mar 2023 | 14.12% |
| June 2023 | 14.12% |
| Sept 2023 | 14.12% |
| Dec 2023 | 14.12% |
| Jan 2024 | 13.87% |
| Public Holding | |
| Mar 2023 | 27.69% |
| June 2023 | 27.70% |
| Sept 2023 | 27.68% |
| Dec 2023 | 27.70% |
| Jan 2024 | 28.99% |
Mufin Green Finance Ltd Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹ 3 Cr |
| 2020 | ₹ 2 Cr |
| 2021 | ₹ 23 Cr |
| 2022 | ₹ 15 Cr |
| 2023 | ₹ 79 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹ 3 Cr |
| 2020 | ₹ -6 Cr |
| 2021 | ₹ 20 Cr |
| 2022 | ₹ 11 Cr |
| 2023 | ₹ 15 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0 |
| 2020 | 0.15 |
| 2021 | 0 |
| 2022 | 0 |
| 2023 | 1.47 |
Last 10 Years’ Profit Growth:
| 10 Years: | — |
| 5 Years: | 141% |
| 3 Years: | 49% |
| Current Year: | 236% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | — |
| 5 Years: | 9% |
| 3 Years: | 13% |
| Last Year: | 6% |
Sales Growth Over 10 Years:
| 10 Years: | — |
| 5 Years: | 194% |
| 3 Years: | 175% |
| Current Year: | 143% |
Conclusion
This article is a complete guide about Mufin Green Finance Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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