Muthoot Finance Stock Forecast

Stock Price Forecast

According to 21 analysts polled by S&P Global, Muthoot Finance stock has a consensus rating of "Hold" and an average price target of ₹3,747. The average 1-year stock price forecast is 19.60% higher than the current stock price, while the lowest is ₹2,615 (-16.53%) and the highest is ₹4,600 (+46.82%).

Price Target: ₹3,747 (+19.60%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹2,615	₹3,747	₹3,705	₹4,600
Change	-16.53%	+19.60%	+18.26%	+46.82%

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

Analyst Ratings

The average analyst rating for Muthoot Finance stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	6	9	9	7	6	6
Buy	2	3	3	5	5	5
Hold	6	5	5	5	6	6
Sell	3	2	2	1	1	1
Strong Sell	3	2	2	3	3	3
Total	20	21	21	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	+38.84%	May 15, 2026
Unknown Analyst IDBI Capital No rating	IDBI Capital	Buy Maintains ₹4,750	Buy	Maintains	₹4,750	+51.61%	Feb 13, 2026

Financial Forecast

Revenue This Year

202.35B

from 191.83B

5.48%

from 191.83B

Revenue Next Year

225.09B

from 202.35B

11.24%

from 202.35B

EPS This Year

280.34

from 263.79

6.27%

from 263.79

EPS Next Year

306.98

from 280.34

9.50%

from 280.34

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	202.35B
Revenue Growth	6.06%	-1.15%	22.88%	27.62%	61.40%	5.48%
Operating Income	54.09B	49.35B	60.00B	72.66B	143.05B	157.66B
Net Income	40.17B	36.12B	43.24B	53.33B	105.90B	113.54B
EPS	-	-	-	-	263.79	280.34
EPS Growth	-	-	-	-	103.64%	6.27%
Forward PE	11.54	9.84	11.89	15.10	11.36	11.18
Dividend / Share	20.00	22.00	24.00	26.00	30.00	38.06
Dividend Growth	-	10.00%	9.09%	8.33%	15.38%	26.86%
No. Analysts	-	-	-	-	-	12

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

Revenue Forecast

Revenue	2027	2028	2029
High	220.9B
Avg	202.4B
Low	182.1B

Revenue Growth

Revenue Growth	2027	2028	2029
High	15.2%
Avg	5.5%
Low	-5.1%

EPS Forecast

EPS	2027	2028	2029
High	315.46
Avg	280.34
Low	247.40

EPS Growth

EPS Growth	2027	2028	2029
High	19.6%
Avg	6.3%
Low	-6.2%