Muthoot Finance Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Muthoot Finance stock has a consensus rating of "Buy" and an average price target of ₹3,848. The average 1-year stock price forecast is 24.49% higher than the current stock price, while the lowest is ₹2,615 (-15.40%) and the highest is ₹4,600 (+48.82%).

Price Target: ₹3,848 (+24.49%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	₹2,615	₹3,848	₹3,800	₹4,600
Change	-15.40%	+24.49%	+22.94%	+48.82%

* Price targets were last updated on May 15, 2026.

Analyst Ratings

The average analyst rating for Muthoot Finance stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	7	7	6	9	9	7
Buy	4	4	2	3	3	5
Hold	4	3	6	5	5	5
Sell	3	3	3	2	2	1
Strong Sell	2	2	3	2	2	3
Total	20	19	20	21	21	21

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Pranav Dheeeraj Gundlapalle Bernstein	Bernstein	Buy Maintains n/a	Buy	Maintains	n/a	n/a	May 15, 2026
Bhaskar Basu Jefferies	Jefferies	Buy Maintains ₹4,350	Buy	Maintains	₹4,350	+40.73%	May 15, 2026
Unknown Analyst IDBI Capital No rating	IDBI Capital	Buy Maintains ₹4,750	Buy	Maintains	₹4,750	+53.67%	Feb 13, 2026

Financial Forecast

Revenue This Year

232.35B

from 191.83B

21.12%

from 191.83B

Revenue Next Year

263.52B

from 232.35B

13.41%

from 232.35B

EPS This Year

297.78

from 263.79

12.89%

from 263.79

EPS Next Year

335.98

from 297.78

12.83%

from 297.78

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	76.68B	75.80B	93.14B	118.86B	191.83B	232.35B
Revenue Growth	6.06%	-1.15%	22.88%	27.62%	61.40%	21.12%
Operating Income	54.09B	49.35B	60.00B	72.66B	143.05B	173.06B
Net Income	40.17B	36.12B	43.24B	53.33B	105.90B	119.77B
EPS	-	-	-	-	263.79	297.78
EPS Growth	-	-	-	-	103.64%	12.89%
Forward PE	12.81	12.81	12.81	12.81	12.81	10.38
Dividend / Share	20.00	22.00	24.00	26.00	30.00	48.20
Dividend Growth	-	10.00%	9.09%	8.33%	15.38%	60.67%
No. Analysts	-	-	-	-	-	2

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	237.7B
Avg	232.4B
Low	227.0B

Revenue Growth

Revenue Growth	2027	2028	2029
High	23.9%
Avg	21.1%
Low	18.3%

EPS Forecast

EPS	2027	2028	2029
High	319.50
Avg	297.78
Low	281.80

EPS Growth

EPS Growth	2027	2028	2029
High	21.1%
Avg	12.9%
Low	6.8%