Branch Network & Expansion
Current Presence – MML operates through 154 branches across Punjab, Haryana, Rajasthan, Uttar Pradesh, Bihar, and Chandigarh.
Expansion in 2018–19 – The company added 50 new branches, with a strong focus on Eastern Uttar Pradesh and Bihar to diversify its geographic footprint.
Regional Offices – Offices were set up in Jaipur, Chandigarh, Varanasi, and Patna in 2019 to strengthen operational oversight.
Growth in 2020–21 – The network expanded further to 217 branches, including 20 new branches in Gujarat.

Loan Portfolio

Business Loans

Designed to support women-led micro-enterprises with working capital
Loan range: ₹11,000 to ₹50,000
Tenure: 1–2 years
Interest rate: 25.20%

Water Purifier Loans

Aimed at improving access to safe drinking water
Loan range: ₹4,200 to ₹8,500
Tenure: 6–11 months

Sewing Machine Loans

Helps generate income through small tailoring businesses
Loan amount: ₹3,520
Tenure: 6–11 months

Solar Lamp Loans

Promotes use of clean and renewable energy
Loan amount: ₹2,899
Tenure: 6–11 months

Udaan (Individual Loans)

Offered to existing customers for higher-value financial needs
Loan range: ₹60,000 to ₹1,00,000
Tenure: 2 years

(All products carry an interest rate of approximately 25.20%)

Performance Highlights

Operational Metrics

Presence across 15,734 villages
Customer base of 2.96 lakh borrowers (as of March 2019)
Total assets grew by 92% to ₹748 crore in FY19
Loan portfolio reached ₹549.07 crore in FY19, up 56.53% from FY18

Financial Strength

Capital Adequacy Ratio (CRAR): 23.32% in FY19 (above regulatory requirement)
Gross NPA: 0.47%, Net NPA: 0.04%
Collection efficiency improved to 99.66%

Business Updates (FY20–21)
Asset size increased to ₹1,100 crore as of March 31, 2021
Loan disbursements stood at ₹688 crore in FY21, impacted by the COVID-19 pandemic
Total cumulative disbursements reached approximately ₹3,800 crore

COVID-19 Resilience
Around 97% of borrowers are based in rural areas, which were relatively less affected
Nearly 62% of customers are engaged in essential sectors such as dairy and agriculture

State-Wise Loan Distribution (FY20–21)
Punjab: ₹1,805 crore
Bihar: ₹650 crore
Rajasthan: ₹627 crore
Haryana: ₹400 crore
Uttar Pradesh: ₹242 crore
Others: ₹63 crore

Financial Snapshot (FY20–21)
Gross Income: ₹192 crore (4.45% growth YoY)
Net Profit (PAT): ₹14.6 crore (decline due to higher COVID-related provisions)
Gross NPA: Increased to 1.69% as of March 2021

Promoters & Leadership

MML is promoted by Amardeep Singh Samra, who also founded Capital Small Finance Bank. With over four decades of experience in asset financing, the leadership team brings strong industry expertise and operational capabilities.

Disclaimer

This content is based on publicly available information and is intended for informational purposes only. Investors are advised to conduct their own research and due diligence before making any financial decisions. No responsibility is assumed for any losses or inaccuracies.

Pros
Strong Rural Outreach – Wide presence across villages, promoting financial inclusion
Healthy Asset Quality Track Record – Maintained low NPAs even during economic disruptions
Consistent Expansion – Growth in assets, branch network, and disbursements over time

Cons
High Interest Rates – Lending rates may create repayment pressure for borrowers
Rising NPAs – Increase in NPAs in recent years indicates potential stress in collections
Dependence on Borrowings – Heavy reliance on external funding could affect margins during high interest rate cycles