Muthoot Finance Ltd.
Snapshot View

1585.75 -6.45 ▼-0.4%

05 August 2021, 04:00:00 P.M.
Volume: 20,521

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.muthootfinance.com
Financial Indicators
Market Cap 63,620.20 Cr.
Earnings per share (EPS) 94.83 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 16.72 Trailing Twelve Months Ending 2021-03
Industry PE 118.42 Trailing Twelve Months Ending 2021-03
Book Value / Share 388.21 Trailing Twelve Months Ending 2021-03
Price to Book Value 4.08 Calculated using Price: 1,585.75
Dividend Yield 0.95 Period Ending 2020-03
No. of Shares Subscribed 40.12 Cr. 401,199,411 Shares
FaceValue 10
Company Profile

Muthoot Finance Limited was incorporated as a private limited Company on March 14, 1997 and was converted into a public limited Company on November 18, 2008. The Company is promoted by Mr. M. G. George Muthoot, Mr. George Thomas Muthoot, Mr. George Jacob Muthoot and Mr. George Alexander Muthoot collectively operating under the brand name of ‘The Muthoot Group’, which has diversified interests in the fields of Financial Services, Healthcare, Education, Plantations, Real Estate, Foreign Exchange, Information Technology, Insurance Distribution, Hospitality etc. The Company obtained permission from the Reserve Bank of India for carrying on the business of Non-Banking Financial Institutions on 13-11-2001. The Company is presently classified as Systemically Important Non-Deposit Taking NBFC (NBFC-ND-SI).

Business area of the company

Muthoot Finance is a non-banking financial company (NBFC), which is engaged in providing loan (financing) against collateral of gold jewelry. The company offers gold loans, foreign inward money transfer services, foreign exchange services, insurance broking etc.

Services offered by the company

  • Gold Loan
  • Housing Finance
  • Personal Loan
  • Insurance 
  • Gold Coin
  • Money Transfer
  • Foreign Exchange
  • NcCDMutual Funds
  • Travel Jango
  • Muthoot Will
  • Pan Card
  • Micro Finance
  • Digital And Cashless
  • Vehicle Loan

Awards

  • Business Leader Award 2014, instituted by Cochin Herald
  • Mahatma Gandhi National Award for social service in 2001 by the Mahatma Gandhi National Foundation
  • Asian Businessman of the Year 2011 award from the UK Kerala Business Forum
  • Business Leadership Award for the year 2012 at the Golden Peacock Awards, Bengaluru
  • Several awards from Rotary International and Y’s Men International for community development and social service
  • Ranked as one of the Top 40 BFSI CEOs in India by the country’s leading business magazine, Business Today, in its January 2017 issue; the research was jointly conducted by Business Today and reputed multinational audit, assurance and professional services firm, PricewaterhouseCoopers (PwC)
  • Emerging Business Leader of the Year at the fifth edition of AIMA Managing India Awards 2014
  • Muthoot Finance was also awarded the coveted Primetime Awards 2019 in the Banking, Financial Services & Insurance category for its creative & integrated marketing campaign “Soch Badaliye Aur Life Mein Aagey Badhiye.
  • Best Creative Campaign in the BFSI sector at the Exchange4media Prime Time Awards, 2019
  • Economic Times BFSI Excellence Award 2019 for Mass Consumer Outreach
  • Gold at the Flame Awards Asia, 2019 for the ‘Muthoot Vishwaas Ki Tijori’ campaign
  • Gold in the ‘Innovative Creation of a New Medium Category’ at the 10th NEONS Out-of-Home Awards,2020
  • Kumbh Initiative Muthoot Finance Vishwaas Ki Tijori also bagged Gold in the 'Innovative Creation of a New Medium Category' at the 10th edition of ‘NEONS Out Of Home Awards 2020’.

Milestones

  • 1887- The Group came into being as a trading business in a Kerala village.
  • 1939- Commenced Gold Loan business
  • 2001- Muthoot Finance received RBI License to function as an NBFC.
  • 2004- Received highest rating of F1 from Fitch Ratings for a short-term debt of Rs 200 million.
  • 2005- Retail Loan and debenture portfolio crossed Rs 5 billion
  • 2007- Retail Loan portfolio crossed Rs 14 billion.
  • 2007- Net owned funds crossed Rs 1 billion.
  • 2007- Accorded SI-ND-NBFC status.
  • 2007- Branch network crossed 500 branches.
  • 2008- Retail Loan portfolio crossed Rs 21 billion.
  • 2008- Retail debenture portfolio crossed Rs 1 billion.
  • 2008- Fitch affirmed the F1 short term debt rating with an enhanced amount of Rs 800 million.
  • 2008- Converted into a Public Limited Company.
  • 2009- Retail Loan portfolio crossed Rs 33 billion.
  • 2009- Retail debenture portfolio crossed Rs 19 billion.
  • 2009- Net owned funds crossed Rs 3 billion.
  • 2009- Gross annual income crossed Rs 6 billion.
  • 2009- Bank credit limits crossed Rs 10 billion.
  • 2009- Branch network crossed 900 branches.
  • 2010- Retail Loan portfolio crossed Rs 74 billion.
  • 2010- Retail debenture portfolio crossed Rs 27 billion.
  • 2010- CRISIL assigned ‘P1+’ rating for short term debt of Rs 4 billion, ICRA assigned A1+ for short term debt of Rs 2 billion.
  • 2010- Net owned funds crossed Rs 5 billion.
  • 2010- Gross annual income crossed Rs 10 billion.
  • 2010- Bank credit limits crossed Rs 17 billion.
  • 2010- Branch network crossed 1,600 branches.
  • 2011- Retail Loan portfolio crossed Rs 158 billion.
  • 2011- Retail debenture portfolio crossed Rs 39 billion.
  • 2011- CRISIL assigned long-term rating of AA- Stable for Rs 1 billion subordinated debt issue and for Rs 4 billion non-convertible debentures issue respectively.
  • 2011- ICRA assigned long-term rating of AA- Stable for Rs 1 billion subordinated debt issue and for Rs 2 billion non-convertible debentures issue respectively.
  • 2011- PE Investments of Rs 2556.85 million in the company by Matrix partners, LLC The Welcome Trust, Kotak PE, Kotak Investments and Baring India PE.
  • 2011- Net owned funds crossed Rs 13 billion.
  • 2011- Gross annual income crossed Rs 23 billion.
  • 2011- Bank credit limit crossed Rs 60 billion.
  • 2011- Branch network crossed 2,700 branches.
  • 2012- Retail Loan portfolio crossed Rs 246 billion.
  • 2012- Retail debenture portfolio crossed Rs 66 billion.
  • 2012- ICRA assigned long-term rating of AA- Stable and short-term rating of A1+ for Rs 9,353 crore Line of credit.
  • 2012- Successful IPO of Rs 9,012.50 million in April 2011.
  • 2012- Raised Rs 6.93 billion through Non-convertible Debenture Public Issue- Series I.
  • 2012- Raised Rs 4.59 billion through Non-convertible Debenture Public Issue - Series II.
  • 2012- Net owned funds crossed Rs 29 billion.
  • 2012- Gross annual income crossed Rs 45 billion.
  • 2012- Bank credit limit crossed Rs 92 billion.
  • 2012- Branch network crossed 3,600 branches.
  • 2013- Raised Rs 2.59 billion through Non-Convertible Debenture Public Issue - Series III
  • 2013- Obtained RBI license to start operating 9,000 White Label ATMs
  • 2013- Branch network crossed 4,400 branches
  • 2013- Raised Rs 2.77 billion through NCD Public Issue - Series IV
  • 2013- Raised Rs 3.0 billion through NCD Public Issue -Series V
  • 2014- Raised Rs 418 crore through oversubscribed (1.8 times) Institutional Placement Programme (IPP)
  • 2014- Acquired 51 percent equity shares of Colombo-based PLC, Asia Asset Finance (AAF)
  • 2015- Issued 25,351,062 fresh equity shares by way of an institutional placement programme under Chapter VIII-A of the SEBI ICDR Regulations, aggregating up to Rs 4,182.93 million.
  • 2015- Listed Debenture Portfolio raised through public issue Rs 14.62 billion.
  • 2015- Retail Loan Portfolio touched Rs 234.09 billion.
  • 2015- Net owned funds crossed Rs 50 billion.
  • 2015- Gross annual income touched Rs 43.25 billion.
  • 2015- Profit after tax for the year touched Rs 6.71 billion.
  • 2016- Retail Loan Portfolio crossed Rs 243 billion.
  • 2016- Listed Debenture Portfolio raised through public issue Rs 12.39 billion.
  • 2016- Net Owned Funds crossed Rs 55 billion.
  • 2016- Gross annual income touched Rs 48.75 billion.
  • 2016- Profit after tax for the year touched Rs 8.10 billion.
  • 2016- Acquired 79% of the equity capital of Muthoot Homefin (India) Limited (MHIL). MHIL is a Housing Finance Company Registered with The National Housing Bank
  • 2016- Acquired Muthoot Insurance Brokers Private Limited (MIBPL) as a wholly-owned subsidiary in June 2016. MIBPL is an unlisted private limited company holding a licence to act as direct broker from IRDA since 2013
  • 2016- Acquired 46.83% of the capital of Belstar Investment and Finance Private Limited (BIFPL) in July 2016. BIFPL was reclassified as an ‘NBFC-MFI’ by RBI with effect from 11th December, 2013
  • 2016- CRISIL and ICRA upgraded long-term debt rating from AA-/Stable to AA/Stable.
  • 2017- Loan Assets Portfolio crossed Rs 272 billion.
  • 2017- Listed Debenture Portfolio raised through public issue Rs 18.31 billion.
  • 2017- Net Owned Funds crossed Rs 64 billion.
  • 2017- Gross annual income touched Rs 57.46 billion.
  • 2017- Profit after tax for the year touched Rs 11.80 billion.
  • 2017- Increased stake in BIFPL to 64.60% thus making it a subsidiary.
  • 2017- Enlarged stake in MHIL to 88.27%.
  • 2017- Improved stake in AAF to 60%.
  • 2018- Loan Assets Portfolio crossed Rs 291 billion.
  • 2018- Listed Debenture Portfolio raised through public issue of Rs 19.69 billion.
  • 2018- Net Owned Funds crossed Rs 77 billion.
  • 2018- Gross Annual Income touched Rs 62.43 billion.
  • 2018- Profit after tax for the year touched Rs 17.20 billion.
  • 2018- Branch network crossed 4,300.
  • 2018- Increased stake in BIFPL to 66.61%.
  • 2018- Enlarged stake in MHIL to 100% making it a wholly-owned subsidiary.
  • 2019- Loan Assets Portfolio crossed Rs 342 billion.
  • 2019- Listed Debenture Portfolio raised through public issue of Rs 37.09 billion.
  • 2019- Net Owned Funds crossed Rs 97.69 billion.
  • 2019- Gross Annual Income touched Rs 68.81 billion.
  • 2020- Muthoot Finance raises $550 million from international bond markets.
  • 2020- Fitch Ratings affirms Muthoot Finance's Long Term Issuer Default ratings.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.41%
1 Week
+1.47%
1 Month
+1.71%
3 Month
+37.80%
6 Month
+36.17%
1 Year
+26.12%
2 Year
+159.05%
5 Year
+350.95%
6 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 13.26 15.34 19.93 25.69 23.69 29.16
Return on Capital Employed (%) 12.72 14.70 16.29 16.78 16.16 16.03
Return on Assets (%) 2.46 2.99 4.06 5.61 5.58 6.56

Balance Sheet View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 5,084 5,622 6,538 7,857 9,931 11,829
Non Curr. Liab. 7,936 6,498 5,463 9,944 12,772 16,956
Curr. Liab. 14,261 15,180 20,047 15,778 18,852 25,907
Minority Int. 29 38 72 73 142 172
Equity & Liab. 27,310 27,338 32,121 33,653 41,698 54,865
Non Curr. Assets 471 500 1,125 411 603 1,075
Curr. Assets 26,839 26,839 30,996 33,242 41,094 53,789
Misc. Exp. not W/O
Total Assets 27,310 27,338 32,121 33,653 41,698 54,865

Profit Loss View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 4,325 4,920 5,911 6,713 7,594 9,687
Other Income 12 21 28 69 7 26
Total Income 4,337 4,941 5,938 6,782 7,601 9,714
Total Expenditure -1,110 -1,268 -1,554 -1,656 -1,747 -2,214
PBIDT 3,227 3,673 4,384 5,126 5,854 7,499
Interest -2,114 -2,288 -2,374 -2,132 -2,543 -3,180
Depreciation -84 -59 -52 -52 -52 -59
Taxation -357 -509 -751 -1,098 -1,157 -1,092
Exceptional Items
PAT 672 818 1,207 1,844 2,103 3,169

Cash Flow View Details

Particulars 6 years 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. -479 108 -2,186 -1,432 -4,824 -4,975
Cash Fr. Inv. -13 -46 -183 -125 -165 -392
Cash Fr. Finan. 249 -1,102 3,027 824 6,351 9,196
Net Change -243 -1,039 657 -734 1,362 3,830
Cash & Cash Eqvt 1,748 711 1,375 641 2,006 5,835

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 73.49 73.48 73.44 73.43 73.43 73.40 73.40 73.40 73.40
Public 26.51 26.52 26.56 26.57 26.57 26.60 26.60 26.60 26.60
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 05 Aug 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to the requirement of Regulation 30 read with Schedule III of SEBI (Listing Obligations and
Disclosure Requirements) Regulations 2015 we would like to inform you about following schedule of Q1 FY 2022 results conference call of the Company as detailed below:

Friday August 06 2021 at 05.00 PM (IST) at Kochi.

Presentation related to the result and other conference details are available at website of the Company at www.muthootfinance.com.
Thu, 05 Aug 2021
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Attached herewith the revised intimation with respect to the Q1 FY 2022 results conference call of the Company as detailed below:

Friday August 06 2021 at 05.00 PM (IST) at Kochi.
Sat, 31 Jul 2021
Board Meeting Intimation for A Meeting Scheduled To Be Held On Friday The 6Th Day Of August 2021 Through Audio - Visual Means.
MUTHOOT FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 06/08/2021 inter alia to consider and approve the unaudited financial results of the Company for the quarter ended June 30 2021.

Technical Scans View Details

Thu, 05 Aug 2021
Opening at High Opening at High
Close Within 52 Week High Zone Close Within 52 Week High Zone
CCI Overbought Zone CCI Overbought Zone
Wed, 04 Aug 2021
Higher Trade Quantity Higher Trade Quantity
Close Within 52 Week High Zone Close Within 52 Week High Zone

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