My Mudra Fincorp Ltd (MYMUDRA) Share Price & Fundamentals

What we do

My Mudra Fincorp Ltd operates as a channel partner distributing secured and unsecured loans, and insurance products through a mix of digital and physical channels.

Founded in

2,013

Market share

Growing player in loan and insurance distribution sectors, recently listed on NSE SME platform securing strategic growth.

Problem solved

Simplifies customer access to diverse loan and insurance options with faster approvals and competitive terms through multiple financial partners.

Top clients or who we serve

Individuals, corporates, professionals including Chartered Accountants and Company Secretaries; B2B and B2C focus.

Key management

Mr. Vaibhav Kulshrestha (Chairman & Managing Director), Mr. Abhisek Dhal (Whole-time Director).

Our journey and innovations

Incorporated in 2013; IPO in 2024; expanded into insurance (IRDAI registered) and mutual funds (AMFI registered); launched mobile app for enhanced services.

Where we operate

Primarily India; services offered through physical branches and digital platforms nationwide.

Top products or what we offer

Secured loans (home, property), unsecured loans (business, personal, professional), credit cards, life, health, and general insurance products, mutual funds.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue mainly from commission-based transactions; business growth driven by loan and insurance distribution demand.

Our industry position

Emerging niche player with growing revenue and expanding product portfolio in financial services distribution.

Financial highlights

Revenue ₹80.67 Cr; Net Profit ₹9.01 Cr for FY2024-25; listed in 2024; strong growth over prior year.

Geographical revenue split

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Order book

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Whats driving growth

Expansion into insurance and mutual funds, technology adoption like mobile app, and strategic partnerships with banks and NBFCs.

Our future plans

Invest in technology, expand digital infrastructure, diversify financial product offerings, enhance customer experience.

Our green promise

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Our people and values

Focused on effective governance and ethical conduct with an experienced board and management supporting sustainable growth.

Key challenges ahead

Competitive financial services market, regulatory compliance, technology adoption, and customer acquisition costs.

Interesting facts

Issued bonus shares at a ratio of 699:1 in 2024; registered as IRDAI Corporate Agent and AMFI distributor in 2025.

Risks and strategy

Risks include market competition and regulatory changes; mitigated via diversified product range and strong compliance framework.