{"id":308293,"date":"2026-10-14T16:03:27","date_gmt":"2026-10-14T10:33:27","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=308293"},"modified":"2026-10-14T16:03:27","modified_gmt":"2026-10-14T10:33:27","slug":"gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/","title":{"rendered":"3 Gold Loan, Group-Backed Finance and Power Financier Stocks With a Strong Future Roadmap: Muthoot Finance, Aditya Birla Capital and Power Finance Corporation"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Muthoot Finance Rs 2,626.00, P\/E 8.97. Aditya Birla Capital Rs 384.65, P\/E 24.57. PFC Rs 342.05. Closing prices of 13 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">Gold loan, group-backed finance and power financier stocks with the clearest long-term roadmaps today include Muthoot Finance in gold loans through a very large branch network, with housing and microfinance arms, Aditya Birla Capital in lending, asset management, life insurance and health insurance under one group and PFC in lending to power generation, transmission, distribution and renewable energy projects. FY26 revenue growth was 54.3% at Muthoot Finance, 12.0% at Aditya Birla Capital and 8.4% at PFC. P\/E stands at 8.97 for Muthoot Finance (industry 17.72) and 24.57 for Aditya Birla Capital (industry 17.72). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company&#8217;s risks need equal attention.<\/p>\n<\/p><\/div>\n<p>Gold loan, group-backed finance and power financier stocks give investors exposure to loans and financial services that help households, small firms and power projects. Loan growth, funding costs and asset quality decide how much of that demand turns into profit.<\/p>\n<p>This list covers three gold loan, group-backed finance and power financier stocks: Muthoot Finance for gold loans through a very large branch network, with housing and microfinance arms, Aditya Birla Capital for lending, asset management, life insurance and health insurance under one group and Power Finance Corporation for lending to power generation, transmission, distribution and renewable energy projects. Every figure comes from the latest reported financials and the 13 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#What_Are_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks\" title=\"What Are Gold Loan, Group-Backed Finance and Power Financier Stocks?\">What Are Gold Loan, Group-Backed Finance and Power Financier Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_at_a_Glance\" title=\"Gold Loan, Group-Backed Finance and Power Financier Stocks at a Glance\">Gold Loan, Group-Backed Finance and Power Financier Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Why_Do_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Gold Loan, Group-Backed Finance and Power Financier Stocks Have a Strong Roadmap in India?\">Why Do Gold Loan, Group-Backed Finance and Power Financier Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Muthoot_Finance_Gold_Loans_and_a_Wide_Branch_Network_Anchor_the_Roadmap\" title=\"Muthoot Finance: Gold Loans and a Wide Branch Network Anchor the Roadmap\">Muthoot Finance: Gold Loans and a Wide Branch Network Anchor the Roadmap<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Aditya_Birla_Capital_Several_Financial_Businesses_Build_the_Next_Leg\" title=\"Aditya Birla Capital: Several Financial Businesses Build the Next Leg\">Aditya Birla Capital: Several Financial Businesses Build the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Power_Finance_Corporation_Power_Sector_Lending_Builds_the_Next_Leg\" title=\"Power Finance Corporation: Power Sector Lending Builds the Next Leg\">Power Finance Corporation: Power Sector Lending Builds the Next Leg<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Best_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_in_India_Muthoot_Finance_vs_Aditya_Birla_Capital_vs_PFC_on_Key_Financials\" title=\"Best Gold Loan, Group-Backed Finance and Power Financier Stocks in India: Muthoot Finance vs Aditya Birla Capital vs PFC on Key Financials\">Best Gold Loan, Group-Backed Finance and Power Financier Stocks in India: Muthoot Finance vs Aditya Birla Capital vs PFC on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#How_to_Evaluate_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_to_Buy_Before_You_Invest\" title=\"How to Evaluate Gold Loan, Group-Backed Finance and Power Financier Stocks to Buy Before You Invest\">How to Evaluate Gold Loan, Group-Backed Finance and Power Financier Stocks to Buy Before You Invest<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Risks_to_Consider_Before_Investing_in_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks\" title=\"Risks to Consider Before Investing in Gold Loan, Group-Backed Finance and Power Financier Stocks\">Risks to Consider Before Investing in Gold Loan, Group-Backed Finance and Power Financier Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Final_Take_Which_Stock_Has_the_Strongest_Roadmap\" title=\"Final Take: Which Stock Has the Strongest Roadmap?\">Final Take: Which Stock Has the Strongest Roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#FAQs_on_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks\" title=\"FAQs on Gold Loan, Group-Backed Finance and Power Financier Stocks\">FAQs on Gold Loan, Group-Backed Finance and Power Financier Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Which_are_the_best_gold_loan_group-backed_finance_and_power_financier_stocks_in_India_with_a_strong_roadmap\" title=\"Which are the best gold loan, group-backed finance and power financier stocks in India with a strong roadmap?\">Which are the best gold loan, group-backed finance and power financier stocks in India with a strong roadmap?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Is_Muthoot_Finance_a_good_stock_to_buy_now\" title=\"Is Muthoot Finance a good stock to buy now?\">Is Muthoot Finance a good stock to buy now?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#What_is_the_PE_ratio_of_Muthoot_Finance_Aditya_Birla_Capital_and_PFC\" title=\"What is the P\/E ratio of Muthoot Finance, Aditya Birla Capital and PFC?\">What is the P\/E ratio of Muthoot Finance, Aditya Birla Capital and PFC?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Which_of_these_gold_loan_group-backed_finance_and_power_financier_stocks_has_the_highest_return_on_equity\" title=\"Which of these gold loan, group-backed finance and power financier stocks has the highest return on equity?\">Which of these gold loan, group-backed finance and power financier stocks has the highest return on equity?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#What_are_the_risks_of_investing_in_gold_loan_group-backed_finance_and_power_financier_stocks\" title=\"What are the risks of investing in gold loan, group-backed finance and power financier stocks?\">What are the risks of investing in gold loan, group-backed finance and power financier stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#How_did_Muthoot_Finance_Aditya_Birla_Capital_and_PFC_perform_in_Q1_FY27\" title=\"How did Muthoot Finance, Aditya Birla Capital and PFC perform in Q1 FY27?\">How did Muthoot Finance, Aditya Birla Capital and PFC perform in Q1 FY27?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#Do_gold_loan_group-backed_finance_and_power_financier_stocks_pay_dividends\" title=\"Do gold loan, group-backed finance and power financier stocks pay dividends?\">Do gold loan, group-backed finance and power financier stocks pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/univest.in\/blogs-2\/gold-loan-group-backed-finance-and-power-financier-stocks-roadmap-vision-list\/#How_can_I_invest_in_gold_loan_group-backed_finance_and_power_financier_stocks_in_India\" title=\"How can I invest in gold loan, group-backed finance and power financier stocks in India?\">How can I invest in gold loan, group-backed finance and power financier stocks in India?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks\"><\/span><strong>What Are Gold Loan, Group-Backed Finance and Power Financier Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gold loan, group-backed finance and power financier stocks are shares of companies that lend to households, small businesses and projects. Results depend on loan growth, funding costs and asset quality, so asset quality and funding costs separate the stronger names.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_at_a_Glance\"><\/span><strong>Gold Loan, Group-Backed Finance and Power Financier Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table compares size, valuation, return on equity and debt for the three gold loan, group-backed finance and power financier stocks as of the 13 Oct 2026 close.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Debt to Equity<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/muthootfin\/muthoot-finance-ltd-share-price-today\">Muthoot Finance<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,626.00<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">102,816<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.01%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.02<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/abcapital\/aditya-birla-capital-ltd-share-price-today\">Aditya Birla Capital<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">384.65<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">101,164<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.96%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.22<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/pfc\/power-finance-corporation-ltd-share-price-today\">Power Finance Corporation<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">342.05<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">106,758<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17.72<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.22%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Among lending stocks, Aditya Birla Capital trades at a premium to the industry P\/E, while Muthoot Finance trades at a discount.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Gold Loan, Group-Backed Finance and Power Financier Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Gold loan, group-backed finance and power financier stocks have a strong roadmap in India because gold-backed borrowing, rising financial savings and power sector investment keep adding customers for these lenders. Three drivers stand out.<\/p>\n<ul>\n<li><strong>Gold loans:<\/strong> Households borrow against gold for quick funds.<\/li>\n<li><strong>Group breadth:<\/strong> Insurance and asset management add fee income.<\/li>\n<li><strong>Power investment:<\/strong> Generation and grid projects need long-term funds.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Muthoot_Finance_Gold_Loans_and_a_Wide_Branch_Network_Anchor_the_Roadmap\"><\/span><strong>Muthoot Finance: Gold Loans and a Wide Branch Network Anchor the Roadmap<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Muthoot Finance&#8217;s roadmap rests on gold loans delivered through a very large branch network, with housing and microfinance arms, and with gold loan demand and a wide branch reach supporting loan growth.<\/p>\n<p>Revenue grew from Rs 12,238.16 crore in FY22 to Rs 31,263.41 crore in FY26, a 155.5% rise, and FY26 revenue was 54.3% higher than FY25. FY26 net profit was Rs 10,606.87 crore. In Q1 FY27, revenue grew 34.5% to Rs 8,694.81 crore, and net profit rose 43.1% to Rs 2,824.84 crore.<\/p>\n<p>Debt to equity is 4.02 and return on equity is 28.01%. Muthoot Finance paid a dividend of Rs 30 per share for FY26, a yield of 1.17%. At a P\/E of 8.97 against an industry P\/E of 17.72, the stock trades below its industry multiple.<\/p>\n<p>What to watch: The P\/E of 8.97 against an industry P\/E of 17.72 leaves valuation less stretched, so the next quarters&#8217; growth is the figure to follow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Aditya_Birla_Capital_Several_Financial_Businesses_Build_the_Next_Leg\"><\/span><strong>Aditya Birla Capital: Several Financial Businesses Build the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Aditya Birla Capital&#8217;s roadmap rests on lending, asset management, life insurance and health insurance under one financial services group, with several business lines supporting earnings.<\/p>\n<p>Revenue grew from Rs 22,241.35 crore in FY22 to Rs 45,617.39 crore in FY26, a 105.1% rise, and FY26 revenue was 12.0% higher than FY25. FY26 net profit rose 14.2% to Rs 3,863.80 crore. Over four years, net profit rose from Rs 1,660.07 crore in FY22 to Rs 3,863.80 crore. In Q1 FY27, revenue grew 27.9% to Rs 12,187.05 crore, and net profit rose 43.3% to Rs 1,223.85 crore.<\/p>\n<p>Debt to equity is 5.22 and return on equity is 10.96%. At a P\/E of 24.57 against an industry P\/E of 17.72, the stock trades above its industry multiple.<\/p>\n<p>What to watch: The P\/E of 24.57 sits above the industry P\/E of 17.72, so earnings delivery matters for the valuation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Power_Finance_Corporation_Power_Sector_Lending_Builds_the_Next_Leg\"><\/span><strong>Power Finance Corporation: Power Sector Lending Builds the Next Leg<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>PFC&#8217;s roadmap rests on lending to power generation, transmission, distribution and renewable energy projects, with power sector investment supporting its loan book.<\/p>\n<p>Revenue grew from Rs 76,344.92 crore in FY22 to Rs 115,533.18 crore in FY26, a 51.3% rise, and FY26 revenue was 8.4% higher than FY25. FY26 net profit rose 10.2% to Rs 33,625.34 crore. Over four years, net profit rose from Rs 18,768.21 crore in FY22 to Rs 33,625.34 crore.<\/p>\n<p>Debt to equity is 7.00 and return on equity is 18.22%.<\/p>\n<p>What to watch: Return on equity of 18.22% is the figure to follow as growth continues.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Best_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_in_India_Muthoot_Finance_vs_Aditya_Birla_Capital_vs_PFC_on_Key_Financials\"><\/span><strong>Best Gold Loan, Group-Backed Finance and Power Financier Stocks in India: Muthoot Finance vs Aditya Birla Capital vs PFC on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the best gold loan, group-backed finance and power financier stocks in India, Muthoot Finance leads on FY26 revenue growth and return on equity; Aditya Birla Capital ranks second on FY26 revenue growth and the lowest debt to equity; PFC ranks second on return on equity. The table puts the numbers side by side.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Metric<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Muthoot Finance<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Aditya Birla Capital<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">PFC<\/th>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">31,263.41<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">45,617.39<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">115,533.18<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 revenue growth<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">54.3%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">FY26 net profit (Rs Cr)<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10,606.87<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">3,863.80<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33,625.34<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Return on equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">28.01%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.96%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">18.22%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Debt to equity<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">4.02<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.22<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">7.00<\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>Lender earnings follow loan growth, funding costs and asset quality, so full-year numbers and quarterly trends together give a better view.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"How_to_Evaluate_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks_to_Buy_Before_You_Invest\"><\/span><strong>How to Evaluate Gold Loan, Group-Backed Finance and Power Financier Stocks to Buy Before You Invest<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A short checklist keeps the research consistent when you screen gold loan, group-backed finance and power financier stocks and shortlist gold loan, group-backed finance and power financier stocks to buy.<\/p>\n<ol>\n<li>Compare each stock&#8217;s P\/E with its industry P\/E, which is 17.72 for all three here.<\/li>\n<li>Check loan growth, asset quality and capital adequacy together.<\/li>\n<li>Check whether revenue growth is turning into profit growth, not only sales.<\/li>\n<li>Read loan growth against funding costs to see how growth is financed.<\/li>\n<li>Watch debt to equity and interest cover before sizing a position.<\/li>\n<li>Spread exposure across companies and business lines instead of one demand cycle.<\/li>\n<\/ol>\n<p style=\"margin-top:24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Check the Univest Screener for live data on these gold loan, group-backed finance and power financier stocks<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Risks_to_Consider_Before_Investing_in_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks\"><\/span><strong>Risks to Consider Before Investing in Gold Loan, Group-Backed Finance and Power Financier Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>Asset quality:<\/strong> A rise in overdue loans can reduce profit.<\/li>\n<li><strong>Funding costs:<\/strong> Changes in borrowing costs can move spreads.<\/li>\n<li><strong>Quarterly trends:<\/strong> A single weak quarter can change near-term earnings, so track results every quarter.<\/li>\n<\/ul>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Muthoot Finance, Aditya Birla Capital and PFC live.<\/em><\/p>\n<p>Annual reports and quarterly result presentations are the most reliable places to verify the numbers quoted here, because they show segment details, management commentary and the notes behind each figure.<\/p>\n<p>Comparing a quarter with the same quarter of the previous year gives a cleaner reading than comparing it with the preceding quarter, since seasonal patterns affect many businesses in India.<\/p>\n<p>The shareholding pattern published every quarter shows whether promoters, mutual funds and foreign investors are raising or trimming their holdings, which adds useful context to the financial numbers.<\/p>\n<p>Spreading money across several sectors and company sizes helps keep a portfolio steady, because each business responds differently to interest rates, commodity prices and consumer demand.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Take_Which_Stock_Has_the_Strongest_Roadmap\"><\/span><strong>Final Take: Which Stock Has the Strongest Roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>These three lending stocks cover gold loans, a diversified financial group and power sector financing. Muthoot Finance leads on FY26 revenue growth and return on equity; Aditya Birla Capital ranks second on FY26 revenue growth and the lowest debt to equity; PFC ranks second on return on equity.<\/p>\n<p>Across gold loan, group-backed finance and power financier stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the gold loan, group-backed finance and power financier stocks to buy discussed here.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Gold_Loan_Group-Backed_Finance_and_Power_Financier_Stocks\"><\/span><strong>FAQs on Gold Loan, Group-Backed Finance and Power Financier Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Which_are_the_best_gold_loan_group-backed_finance_and_power_financier_stocks_in_India_with_a_strong_roadmap\"><\/span><strong>Which are the best gold loan, group-backed finance and power financier stocks in India with a strong roadmap?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance, Aditya Birla Capital and Power Finance Corporation stand out for their roadmaps in gold loans, a diversified financial group and power sector financing. FY26 revenue growth was 54.3% at Muthoot Finance, 12.0% at Aditya Birla Capital and 8.4% at PFC, and return on equity ranges from 10.96% to 28.01%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_Muthoot_Finance_a_good_stock_to_buy_now\"><\/span><strong>Is Muthoot Finance a good stock to buy now?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance has a debt to equity ratio of 4.02, a return on equity of 28.01% and a P\/E of 8.97 against an industry P\/E of 17.72. Valuation, asset quality and funding costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_PE_ratio_of_Muthoot_Finance_Aditya_Birla_Capital_and_PFC\"><\/span><strong>What is the P\/E ratio of Muthoot Finance, Aditya Birla Capital and PFC?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The P\/E ratio is 8.97 for Muthoot Finance (industry 17.72) and 24.57 for Aditya Birla Capital (industry 17.72). Only Aditya Birla Capital trades at or above the industry multiple.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_of_these_gold_loan_group-backed_finance_and_power_financier_stocks_has_the_highest_return_on_equity\"><\/span><strong>Which of these gold loan, group-backed finance and power financier stocks has the highest return on equity?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance has the highest return on equity at 28.01%, followed by Power Finance Corporation at 18.22% and Aditya Birla Capital at 10.96%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_of_investing_in_gold_loan_group-backed_finance_and_power_financier_stocks\"><\/span><strong>What are the risks of investing in gold loan, group-backed finance and power financier stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main risks are asset quality, funding costs and quarterly trends. A rise in overdue loans can reduce profit.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_did_Muthoot_Finance_Aditya_Birla_Capital_and_PFC_perform_in_Q1_FY27\"><\/span><strong>How did Muthoot Finance, Aditya Birla Capital and PFC perform in Q1 FY27?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance reported revenue of Rs 8,694.81 crore, up 34.5% year on year, and net profit rose 43.1% to Rs 2,824.84 crore. Aditya Birla Capital reported revenue of Rs 12,187.05 crore, up 27.9% year on year, and net profit rose 43.3% to Rs 1,223.85 crore. Power Finance Corporation reported .<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Do_gold_loan_group-backed_finance_and_power_financier_stocks_pay_dividends\"><\/span><strong>Do gold loan, group-backed finance and power financier stocks pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Muthoot Finance pays dividends. The dividend yield is 1.17% for Muthoot Finance, based on dividends declared for FY26.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_can_I_invest_in_gold_loan_group-backed_finance_and_power_financier_stocks_in_India\"><\/span><strong>How can I invest in gold loan, group-backed finance and power financier stocks in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> You can buy gold loan, group-backed finance and power financier stocks through a demat and trading account on NSE or BSE after checking each company&#8217;s financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Which are the best gold loan, group-backed finance and power financier stocks in India with a strong roadmap?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Muthoot Finance, Aditya Birla Capital and Power Finance Corporation stand out for their roadmaps in gold loans, a diversified financial group and power sector financing. 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A rise in overdue loans can reduce profit.\"}},{\"@type\":\"Question\",\"name\":\"How did Muthoot Finance, Aditya Birla Capital and PFC perform in Q1 FY27?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Muthoot Finance reported revenue of Rs 8,694.81 crore, up 34.5% year on year, and net profit rose 43.1% to Rs 2,824.84 crore. Aditya Birla Capital reported revenue of Rs 12,187.05 crore, up 27.9% year on year, and net profit rose 43.3% to Rs 1,223.85 crore. Power Finance Corporation reported .\"}},{\"@type\":\"Question\",\"name\":\"Do gold loan, group-backed finance and power financier stocks pay dividends?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Muthoot Finance pays dividends. The dividend yield is 1.17% for Muthoot Finance, based on dividends declared for FY26.\"}},{\"@type\":\"Question\",\"name\":\"How can I invest in gold loan, group-backed finance and power financier stocks in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"You can buy gold loan, group-backed finance and power financier stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Muthoot Finance, Aditya Birla Capital and Power Finance Corporation compared on growth, margins, debt and valuation, with the roadmap and risks investors should track.<\/p>\n","protected":false},"author":36,"featured_media":308292,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[11078,11467,12154,12155,7474,10958],"class_list":["post-308293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-aditya-birla-capital","tag-gold-loan","tag-group-backed-finance-and-power-financier-stocks","tag-group-backed-finance-and-power-financier-stocks-to-buy","tag-muthoot-finance","tag-power-finance-corporation"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["308292"],"rank_math_title":["Gold Loan, Group-Backed Finance and Power Financier Stocks"],"rank_math_description":["Gold loan, group-backed finance and power financier stocks with a strong roadmap compared on growth, margins, valuation and risks."],"rank_math_focus_keyword":["gold loan, group-backed finance and power financier stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-gold-loan-group-backed-finance-and-power-financier-stocks-with-a-strong-future.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/308293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=308293"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/308293\/revisions"}],"predecessor-version":[{"id":308294,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/308293\/revisions\/308294"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/308292"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=308293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=308293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=308293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}