Muthoot Finance Ltd.
Snapshot View

1125.70 -16.25 ▼-1.4%

25 May 2022, 04:01:00 PM
Volume: 20,303

Overview View Details

Sector Finance Compare with Sector peers
Industry Finance - NBFC Compare with Industry peers
Website http://www.muthootgroup.com
Market Cap 45,069.07 Cr.
Enterprise Value(EV) Cr. -
Financial Indicators
Earnings per share (EPS) 100.65 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 11.18 Trailing Twelve Months Ending 2021-12
Industry PE 39.64 Trailing Twelve Months Ending 2021-12
Book Value / Share 442.83 Trailing Twelve Months Ending 2021-12
Price to Book Value 2.54 Calculated using Price: 1,125.70
Dividend Yield 1.78 Period Ending 2021-03
No. of Shares Subscribed 40.13 Cr. 401,345,266 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
-1.42%
1 Week
-5.12%
1 Month
-11.86%
3 Month
-16.48%
6 Month
-24.03%
1 Year
-10.62%
2 Year
+39.83%
5 Year
+189.38%
10 Year
+813.72%
7 years 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 13.26 15.34 19.93 25.69 23.69 29.16 27.89
Return on Capital Employed (%) 12.72 14.70 16.29 16.78 16.16 16.03 15.56
Return on Assets (%) 2.46 2.99 4.06 5.61 5.58 6.56 6.19

Balance Sheet View Details

Particulars 8 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. 2021-03 Rs. Cr. 2021-12* Rs. Cr.
Shh. Funds 5,084 5,622 6,538 7,857 9,931 11,829 15,575 17,773
Non Curr. Liab. 7,936 6,498 5,463 9,944 12,772 16,956 25,824 52,640
Curr. Liab. 14,261 15,180 20,047 15,778 18,852 25,907 26,999 1,625
Minority Int. 29 38 72 73 142 172 185 190
Equity & Liab. 27,310 27,338 32,121 33,653 41,698 54,865 68,582 72,228
Non Curr. Assets 471 500 1,125 411 603 1,075 791 62,387
Curr. Assets 26,839 26,839 30,996 33,242 41,094 53,789 67,791 9,841
Misc. Exp. not W/O
Total Assets 27,310 27,338 32,121 33,653 41,698 54,865 68,582 72,228

Profit Loss View Details

Particulars 8 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. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 4,325 4,920 5,911 6,713 7,594 9,687 11,531 12,268
Other Income 12 21 28 69 7 26 36 47
Total Income 4,337 4,941 5,938 6,782 7,601 9,714 11,567 12,315
Total Expenditure -1,110 -1,268 -1,554 -1,656 -1,747 -2,214 -2,259 -2,528
PBIDT 3,227 3,673 4,384 5,126 5,854 7,499 9,308 9,788
Interest -2,114 -2,288 -2,374 -2,132 -2,543 -3,180 -4,109 -4,275
Depreciation -84 -59 -52 -52 -52 -59 -67 -70
Taxation -357 -509 -751 -1,098 -1,157 -1,092 -1,313 -1,395
Exceptional Items
PAT 672 818 1,207 1,844 2,103 3,169 3,819 4,049
Minority Interest -1 -3 -14 -25 -30 -14 -9
Share Associate -7
Other Related Items
Consolidated Net Profit 671 815 1,200 1,830 2,078 3,138 3,804 4,040
Adjusted EPS 17 20 30 46 52 78 95 101

Cash Flow View Details

Particulars 7 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. 2021-03 Rs. Cr.
Cash Fr. Operatn. -479 108 -2,186 -1,432 -4,824 -4,970 -7,814
Cash Fr. Inv. -13 -46 -183 -125 -165 -384 40
Cash Fr. Finan. 249 -1,102 3,027 824 6,351 9,193 9,712
Net Change -243 -1,039 657 -734 1,362 3,839 1,938
Cash & Cash Eqvt 1,748 711 1,375 641 2,006 5,866 7,801

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 73.43 73.43 73.40 73.40 73.40 73.40 73.37 73.37 73.37
Public 26.57 26.57 26.60 26.60 26.60 26.60 26.63 26.63 26.63
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

Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Press Release / Media Release
Press Release regarding Public Issue of Secured Non-Convertible Debentures
Tue, 24 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement on Public Issue of Secured Non-Convertible Debentures.
Thu, 19 May 2022
Board Meeting Intimation for A Meeting Scheduled To Be Held On Thursday The 26Th Day Of May 2022 At The Registered Office Of The Company At Muthoot Chambers Opposite Saritha Theatre Complex Banerji Road Kochi - 682018 Kerala.
MUTHOOT FINANCE LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/05/2022 inter alia to consider and approve the Audited Consolidated and Standalone financial results and financial statements of the Company for the quarter and financial year ended March 31 2022 (Financials) and to take on record the Auditors Report on Standalone and Consolidated Financials.

Technical Scans View Details

Wed, 25 May 2022
Closing Below Previous Low Closing Below Previous Low
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
High Decrease 3 Months High Decrease 3 Months
High Decrease 6 Months High Decrease 6 Months

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India 519,250.69 820.95 -0.3%
Housing Development Finance Corporation Ltd. 405,849.14 2,237.40 +1.4%
Bajaj Finance Ltd. 352,774.53 5,826.85 +0.5%
Bajaj Finserv Ltd. 197,424.32 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. 120,233.89 569.00 +3.0%
SBI Life Insurance Company Ltd. 109,602.92 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. 74,849.12 520.75 +2.7%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 179.02 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2022-03 17.96 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2022-03 50.19 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2022-03 43.33 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2022-03 90.61 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2022-03 72.78 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2022-03 98.59 520.75 +2.7%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 15.58 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2022-03 2.26 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2022-03 8.07 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2022-03 4.91 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2022-03 7.74 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2022-03 9.60 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2022-03 8.32 520.75 +2.7%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 0.00 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 2.88 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2021-03 3.60 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2021-03 3.57 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 0.07 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 0.00 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 0.14 520.75 +2.7%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 74.46 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 9.67 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2021-03 12.86 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2021-03 21.95 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 17.65 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 15.34 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 11.97 520.75 +2.7%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 74.46 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 9.67 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2021-03 12.86 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2021-03 21.95 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 17.65 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 15.34 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 11.97 520.75 +2.7%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 139,039.23 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2021-03 26,689.57 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2021-03 60,591.20 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 520.75 +2.7%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Life Insurance Corporation of India Standalone 2021-03 2,974.14 820.95 -0.3%
Housing Development Finance Corporation Ltd. Consolidated 2021-03 13,566.08 2,237.40 +1.4%
Bajaj Finance Ltd. Consolidated 2021-03 4,419.82 5,826.85 +0.5%
Bajaj Finserv Ltd. Consolidated 2021-03 7,367.56 12,405.90 +0.4%
HDFC Life Insurance Co Ltd. Consolidated 2021-03 1,360.87 569.00 +3.0%
SBI Life Insurance Company Ltd. Standalone 2021-03 1,455.85 1,095.55 +2.0%
ICICI Prudential Life Insurance Company Ltd. Consolidated 2021-03 956.16 520.75 +2.7%