Key Strengths

• Equity Infusion by Marquee Investors: In June 2024, the company raised ₹500 crores through a Qualified Institutional Placement (QIP) with participation from renowned investors, including Nippon India Mutual Fund, ICICI Prudential MF, Aditya Birla Sun Life MF, Bandhan MF, Baroda BNP Paribas MF, and White Oak Capital Management.
• Experienced Promoters: Promoters Mr. Kamlesh Gandhi and Mr. Mukesh Gandhi bring over two decades of expertise in the lending business. Together, they hold approximately 67% of the company’s stake.
• Adequate Liquidity Comfort: The company maintains a robust liquidity position with a Capital to Risk-Weighted Assets Ratio (CRAR) of 26.5%, well above the RBI’s minimum requirement of 15%. Its asset quality remains stable, with Net NPA (NNPA) consistently between 1.5% and 1.6% from March 2023 to September 2024.
• Scaling Profitability: MFSL achieved its highest-ever profit of ₹247 crores in FY24 and ₹147 crores in H1 FY25.
• Diversified Resource Base: The company has established borrowing relationships with over 40 banks, NBFCs, and financial institutions, enabling timely fund-raising at competitive interest rates and providing significant financial flexibility.