MUTHOOTFIN

Muthoot Finance Share Price Muthoot Finance

₹1,651.75
-3.95 (-0.24%)
  • Advice
  • Hold
20 April, 2024 00:34 BSE: 533398 NSE: MUTHOOTFINISIN: INE414G01012

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Muthoot Finance Performance

Day Range

  • Low 1,627
  • High 1,660
₹ 1,651

52 Week Range

  • Low 1,003
  • High 1,699
₹ 1,651
  • Open Price1,650
  • Previous Close1,656
  • Volume195684

Muthoot Finance Share Price

  • Over 1 Month +23.32%
  • Over 3 Month +19.67%
  • Over 6 Month +32.06%
  • Over 1 Year +57.28%

Muthoot Finance Key Statistics

P/E Ratio 15.9
PEG Ratio 1.1
Market Cap Cr 66,311
Price to Book Ratio 3
EPS 86.5
Dividend 0
Relative Strength Index 68.19
Money Flow Index 81.2
MACD Signal 70.5
Average True Range 48.42
Muthoot Finance Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 3,1683,0602,9992,853
Operating Expenses Qtr Cr 552560549614
Operating Profit Qtr Cr 2,6022,4882,3642,164
Depreciation Qtr Cr 17151317
Interest Qtr Cr 1,2121,1561,064941
Tax Qtr Cr 353339339314
Net Profit Qtr Cr 1,027991975903
IndicatorMar 2023
Total Revenue Annual Cr 10,544
Operating Expenses Annual Cr 2,120
Operating Profit Annual in Cr 8,395
Depreciation Cr 58
Interest Annual Cr 3,699
Tax Annual Cr 1,193
Net Profit Annual Cr 3,474
IndicatorMar 2023
Cash from Operating Activity Annual Cr -1,902
Cash from Investing Activity Annual Cr 188
Cash from Financing Annual Activity Cr -1,036
Net Cash Flow Annual Cr -2,750
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 21,062
Fixed Assets Annual Cr 339
Total Non Current Assets Annual Cr 442
Total Current Assets Annual Cr 72,178
Total Assets Annual Cr 72,620
IndicatorMar 2023
Book Value Per Share Annual Rs 525
ROE Annual % 16
ROCE Annual % 24
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 80
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 3,8203,6063,4723,275
Operating Expenses Qtr Cr 766723688741
Operating Profit Qtr Cr 2,9482,8022,6252,446
Depreciation Qtr Cr 24221923
Interest Qtr Cr 1,4121,3351,2361,091
Tax Qtr Cr 389375362346
Net Profit Qtr Cr 1,1041,0601,022973
IndicatorMar 2023
Total Revenue Annual Cr 11,975
Operating Expenses Annual Cr 2,765
Operating Profit Annual in Cr 9,133
Depreciation Cr 78
Interest Annual Cr 4,209
Tax Annual Cr 1,253
Net Profit Annual Cr 3,612
IndicatorMar 2023
Cash from Operating Activity Annual Cr -2,804
Cash from Investing Activity Annual Cr 181
Cash from Financing Annual Activity Cr 395
Net Cash Flow Annual Cr -2,228
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 21,666
Fixed Assets Annual Cr 423
Total Non Current Assets Annual Cr 658
Total Current Assets Annual Cr 79,491
Total Assets Annual Cr 80,149
IndicatorMar 2023
Book Value Per Share Annual Rs 552
ROE Annual % 17
ROCE Annual % 24
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 77

Muthoot Finance Technicals

EMA & SMA

Current Price
₹1,651.75
-3.95 (-0.24%)
pointer
  • Bullish Moving Average
  • ___
  • 15
  • Bearish Moving Average
  • ___
  • 1
  • 20 Day
  • ₹1,578.21
  • 50 Day
  • ₹1,488.49
  • 100 Day
  • ₹1,431.98
  • 200 Day
  • ₹1,359.79
  • 20 Day
  • ₹1,564.88
  • 50 Day
  • ₹1,436.27
  • 100 Day
  • ₹1,437.40
  • 200 Day
  • ₹1,361.44

Muthoot Finance Resistance and Support

PIVOT
₹1,646.15
Resistance
First Resistance 1,665.60
Second Resistance 1,679.45
Third Resistance 1,698.90
RSI 68.19
MFI 81.20
MACD Single Line 70.50
MACD 71.22
Support
First Resistance 1,632.30
Second Resistance 1,612.85
Third Resistance 1,599.00

Muthoot Finance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 200,002 5,652,057 28.26
Week 394,936 17,519,372 44.36
1 Month 946,720 40,424,942 42.7
6 Month 660,292 24,661,915 37.35

Muthoot Finance Result Highlights

Muthoot Finance Synopsis

NSE-Finance-Consumer Loans

Muthoot Finance is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company’s Total Operating Revenue is Rs. 10514.85 Cr. and Equity Capital is Rs. 401.45 Cr. for the Year ended 31/03/2023. Muthoot Finance Ltd. is a Public Limited Listed company incorporated on 14/03/1997 and has its registered office in the State of Kerala, India. Company’s Corporate Identification Number(CIN) is L65910KL1997PLC011300 and registration number is 011300.
Market Cap 66,402
Sales 12,080
Shares in Float 10.84
No of funds 495
Yield 1.52
Book Value 3.16
U/D Vol ratio 1.8
LTDebt / Equity 66
Alpha 0.04
Beta 1.23

Muthoot Finance

Owner NameDec-23Sep-23Jun-23
Promoters 73.35%73.35%73.35%
Mutual Funds 13.88%13.67%12.51%
Insurance Companies 0.16%0.34%0.64%
Foreign Portfolio Investors 8.34%8.12%8.7%
Financial Institutions/ Banks
Individual Investors 3.26%3.38%3.65%
Others 1.01%1.14%1.15%

Muthoot Finance Management

Name Designation
Mr. George Jacob Muthoot Chairman & Wholetime Director
Mr. George Alexander Muthoot Managing Director
Mr. George Thomas Muthoot Whole Time Director
Mr. Alexander George Whole Time Director
Mr. George Muthoot George Whole Time Director
Mr. George Alexander Whole Time Director
Mr. George Muthoot Jacob Whole Time Director
Mr. Abraham Chacko Independent Director
Mr. Jacob Benjamin Koshy Independent Director
Mr. Vadakkekara Anthony George Independent Director
Mr. Chamacheril Mohan Abraham Independent Director
Mr. Ravindra Pisharody Independent Director
Mrs. Usha Sunny Independent Director
Mr. Jose Mathew Independent Director

Muthoot Finance Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Muthoot Finance Corporate Action

Date Purpose Remarks
2024-04-18 Others Inter alia, to consider update on the existing GMTN Programme. alia, to consider increase in borrowing powers of the Board of Directors of the Company from existing Rs. 50,000 crores to Rs. 75,000 crores.
2024-02-14 Quarterly Results
2023-11-09 Quarterly Results
2023-08-11 Quarterly Results
2023-05-19 Audited Results
Date Purpose Remarks
2023-04-18 INTERIM Rs.22.00 per share(220%)Interim Dividend
2022-04-26 INTERIM Rs.20.00 per share(200%)Interim Dividend
2021-04-23 INTERIM Rs.20.00 per share(200%)Interim Dividend

About Muthoot Finance

Muthoot Finance is one of India’s leading financial services companies, based in Kochi, Kerala. It was founded in 1939 by Mathai George Muthoot and currently has 5443+ branches across India. Muthoot Finance offers a variety of products and services that include gold loans, retail loans, car loans, property loans, and home loans, among others. The company also provides investment banking services through its subsidiary Muthoot Capital Services Pvt. Ltd. The company is headed by George Jacob Muthoot, who currently serves as its Chairman and Managing Director. 

Muthoot Finance Ltd. operates under the Muthoot Group, which includes Muthoot Fincorp Limited, Muthoot Pappachan Group, Muthoot Corporate Service Limited, Manappuram Finance Limited and Overseas Trust Bank (India) Limited. Muthoot Finance has been listed as a public company since 2011. 

 

Business Verticals

Muthoot Finance is India’s largest gold financing company by loan portfolio. They have over 5443+ branches, over 40000+ employees/agents, and cater to 2.5+ lakh customers every day. They have a wide range of products and services catering to different customer segments, including corporates, retail investors, MSMEs, and individuals. Muthoot Finance has a strong presence in four key states across India with a large number of banking outlets, i.e., Kerala (566), Tamil Nadu (960), Karnataka (504) and Andhra Pradesh (392). 

Muthoot Finance provides the following services with flexible payment schedules:

  • Gold Loan
  • Housing Finance
  • Personal Loan
  • Insurance
  • Gold Coin
  • Money Transfer
  • NCD
  • Mutual Funds
  • Micro Finance
  • Vehicle Loan
  • Home loan
  • Corporate Loan
  • SME Loan

Company History

The company's operating history spans 70 years, beginning in 1939 when M George Muthoot (the promoters' father) established a gold loan business on the back of his father Ninan Mathai Muthoot's trading business. The RBI granted the company a licence to operate as an NBFC in 2001. Muthoot Enterprises Private Ltd was amalgamated with The Muthoot Finance Pvt Ltd. on March 22, 2005. The company's name was changed from The Muthoot Finance Pvt Ltd to Muthoot Finance Pvt Ltd on May 16, 2007. During the fiscal year 2008-09, the company established 278 new branches in various states. 

The company was converted into a public limited company on November 18, 2008, and the name was changed to Muthoot Finance Ltd.

 

Milestones

2001 – Obtained an RBI license to operate as an NBFC.

2004 – Received Fitch Ratings' highest rating of F1 for short-term debt of INR 20 crore.

2005 – The company's retail loan and debenture portfolio exceed INR 50 crore. Muthoot Enterprises Private Limited merged with the parent company.

2006 – Fitch Ratings F1 rating confirmed for a short-term debt of INR 40 crore.

2007 – The company's retail loan portfolio exceeds INR 14 biliion. The RBI also granted the Systemically Important ND–NBFC status. The company's branch network expanded to 500 locations, and net-owned funds surpassed INR 1 billion.

2008 – The retail loan and debenture portfolios both exceeded INR 21 billion and INR 1 billion, respectively. Fitch Ratings F1 rating confirmed, with an increased short-term debt of INR 800 million.The company became a public limited company.

2009 – The retail loan and debenture portfolios both exceeded INR 33 billion and INR 19 billion, respectively. The company's net-owned funds surpassed INR 3 billion.

2010 – The retail loan and debenture portfolios both exceeded INR 74 billion and INR 27 billion, respectively. The company's net-owned funds were over INR 5 billion.. ICRA assigned an 'A1+' rating to an INR 200 crore short-term debt, while CRISIL assigned a 'P1+' rating to an INR 400 crore short-term debt.

2010 – The Company's branch network reaches 1,000 branches. Muthoot Broadcasting Private Limited also acquired the FM radio business. Matrix Partners India Investments, LLC and Baring India Private Equity Fund III Limited invested a total of INR 157.55 crore in private equity. Kotak India Private Equity Fund and Kotak Investment Advisors Limited also invested a total of INR 42.58 crore in private equity.

2013 – Receives RBI approval to begin operating 9,000 White Label ATMs.
 

Muthoot Finance FAQs

What is Share Price of Muthoot Finance ?

Muthoot Finance share price is ₹1,651 As on 20 April, 2024 | 00:20

What is the Market Cap of Muthoot Finance ?

The Market Cap of Muthoot Finance is ₹66311.4 Cr As on 20 April, 2024 | 00:20

What is the P/E ratio of Muthoot Finance ?

The P/E ratio of Muthoot Finance is 15.9 As on 20 April, 2024 | 00:20

What is the PB ratio of Muthoot Finance ?

The PB ratio of Muthoot Finance is 3 As on 20 April, 2024 | 00:20

What were the company's most recent reported sales and net income?

Muthoot Finance Ltd. recently recorded net sales of INR 11,082 crores in the year ending March 2022.

What is the future of the company's shares?

Muthoot Finance Ltd. stock is an excellent long-term (1-year) investment because of its powerful brand and well-established distribution network.

How to buy shares of Muthoot Finance Ltd?

The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

Q2FY23