1. At a Glance
Moneyboxx is the small-loan NBFC that grew its branches faster than profits. With high AUM growth but microscopic ROE (0.6%), this stock is the definition of “scaling with style, bleeding in silence.”
2. Introduction with Hook
Imagine running a lemonade stand that opens 100 stalls but makes only ₹1 profit per cup. That’s Moneyboxx Finance – handing out micro loans like candy but struggling to convert them into shareholder sweetness.
Key stats:
- Q1 FY26 net profit: ₹0.24 Cr (down 94%)
- AUM: ₹730 Cr (March 2024)
3. Business Model (WTF Do They Even Do?)
Moneyboxx lends small-ticket loans (₹1–10 lakh) to micro and small rural businesses. Think of it as the “friendly neighborhood lender,” minus the goons. Their edge: deep rural reach and high loan growth. The problem: interest cost eats profits like termites.
4. Financials Overview
- Revenue (TTM): ₹212 Cr
- Net Profit (TTM): -₹3 Cr
- ROE: 0.6%
- ROCE: 8.7%
Growth is there, but profits play hide and seek.
5. Valuation
- Market Cap: ₹539 Cr
- Book Value: ₹79.8
- P/B: 2.07
- P/E: N/A (loss-making)
Fair Value Range? ₹100–₹130 if it ever turns profitable. Buying at 165 means betting on miracles.
6. What’s Cooking – News, Triggers, Drama
- Raised ₹500 Mn via NCDs (June 2025).
- Equity infusion ₹175 Cr for branch expansion.
- Aggressive branch count expansion to 163.
- Profit collapse in Q1 despite 30% jump in revenue.
More plot twists than a rural microfinance documentary.
7. Balance Sheet
| (₹ Cr) | Mar 2025 |
|---|---|
| Assets | 944 |
| Liabilities | 944 |
| Net Worth | ₹261 |
| Borrowings | ₹636 |
Debt mountain is high, and interest cost is its evil twin.
8. Cash Flow – Sab Number Game Hai
| (₹ Cr) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Operating | -124 | -224 | -225 |
| Investing | -11 | -21 | -11 |
| Financing | 185 | 284 | 278 |
Cash ops deep negative – survival depends on continuous fund raises.
9. Ratios – Sexy or Stressy?
| Ratio | Value |
|---|---|
| ROE | 0.6% |
| ROCE | 8.7% |
| D/E | 2.4 |
| P/B | 2.1 |
| PAT Margin | Negative |
Clearly stressy – debt is high, returns low.
10. P&L Breakdown – Show Me the Money
| (₹ Cr) | FY23 | FY24 | FY25 |
|---|---|---|---|
| Revenue | 50 | 128 | 199 |
| EBITDA | 14 | 57 | 74 |
| PAT | -7 | 9 | 1 |
PAT went from +9 to +1 to -3 (TTM). Trend? Downhill skiing.
11. Peer Comparison
| Company | Rev (₹ Cr) | PAT (₹ Cr) | P/E | ROE |
|---|---|---|---|---|
| Bajaj Finance | 73,107 | 17,425 | 33 | 19% |
| Muthoot | 20,214 | 5,333 | 20 | 20% |
| Sundaram | 8,513 | 1,854 | 30 | 15% |
| Moneyboxx | 212 | -3 | N/A | 0.6% |
Looks like the broke cousin in a family of billionaires.
12. Miscellaneous – Shareholding, Promoters
- Promoters: 44.6% (falling from 58.6% in 2022)
- DIIs: 1.3%
- Public: 54%
- Heavy fund-raising mode – NCDs, equity, warrants.
13. EduInvesting Verdict™
Moneyboxx Finance is growing AUM at breakneck speed, but profits are missing in action. If management plugs leaks, it could shine. Until then, this stock is a rural growth story wrapped in urban risk.
Written by EduInvesting Team | 26 July 2025
Tags: Moneyboxx Finance, NBFC, Q1 FY26, EduInvesting Premium
