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Muthoot Finance Limited

(NSE: MUTHOOTFIN)

MUTHOOTFIN

1050.45

-5.05 (-0.48%)

Price Chart

Price Chart

Price Summary

Today’s High

1071.65

Today’s Low

1047.15

52 Week's High

1071.65

52 Week's Low

1047.15

Company Essentials

Market Cap

51113.3 Cr

CASA

0.0

No. Of Shares

40.1 Cr

P/E

13.0

P/B

3.2

Face Value

10.0

Dividend Yeild

1.7

Book Value

379.6

Net Interest Income

NA

Cost to Income

NA

Promoter Holdings

73.4

EPS

92.8

CAR

NA

ROE

27.8

ROCE

15.8

Profit Growth

NA

Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

Muthoot Finance Limited

1059.2

51113

3.2

13.0

92.8

27.8

15.8

NA

Bajaj Holdings & Investment Limited

5598.9

59283

2.6

184.5

17.8

1.6

2.5

NA

Cholamandalam Investment and Finance Company Limited

778.45

61256

4.8

30.2

18.5

17.1

9.7

NA

Shriram Transport Finance Company Limited

1335.55

33279

1.7

14.5

98.3

12.6

10.3

NA

Aditya Birla Capital Limited

111.85

28234

3.1

394.9

0.3

0.8

0.8

NA

Sbi Cards And Payment Services Limited

953.6

77362

14.0

88.8

10.5

17.0

10.0

NA

FAQ’s on Muthoot Finance Limited

About

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.