What we do Mufin Green Finance Limited provides financial services focused on investment, credit, and promoting financial inclusion via E-Vehicle loans in India. |
Founded in 2,016 |
Market share A growing NBFC with a strong presence in E-Vehicle financing within India, expanding its asset base and revenue consistently. |
Problem solved Bridging financial access for unbanked and underserved customers, enabling green mobility through E-Vehicle loans. |
Top clients or who we serve Primarily B2C customers in India, focusing on unbanked and underserved segments seeking vehicle financing. |
Key management - |
Our journey and innovations Originally APM Finvest since 2016; rebranded in 2022; merged finance and investment arms; growing AUM and profit year-over-year. |
Where we operate India, with operations focused entirely within the country. |
Top products or what we offer Investment and credit services, primarily E-Vehicle loans, along with EV charging infrastructure and solar ventures. |
Top brands - |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue is primarily recurring from financing and investment activities with steady growth. |
Our industry position Mid-layer NBFC in India, with improving credit ratings and expanding market presence in green finance. |
Financial highlights FY25 revenue Rs. 16,198.83 lakhs; PAT Rs. 2,028.56 lakhs; AUM grew by 34.34% to Rs. 838.44 crores. |
Geographical revenue split 100% revenue from India. |
Order book - |
Whats driving growth Rising demand for green financing, E-Vehicle adoption, expanding AUM, and enhanced operational efficiency. |
Our future plans Expansion in green finance, enhancing EV infrastructure, and capital infusion via NCD issuances. |
Our green promise Focus on environmental sustainability through green finance products like E-Vehicle loans and EV infrastructure investments. |
Our people and values Committed to transparency, customer convenience, and employee development fostering a responsible culture. |
Key challenges ahead Regulatory compliance, credit risk management, and competition in green finance sector. |
Interesting facts Upgraded credit rating to A- Stable in FY25; actively promoting financial inclusion via green loans. |
Risks and strategy Mitigating financial risks via robust internal controls and diversifying products; continuous regulatory adherence. |
