MUTHOOTFIN

Muthoot Finance Share PriceMuthoot Finance

₹1,464.85
14.1 (0.97%)
As on 04 December, 2023 | 22:36 BSE: 533398 NSE: MUTHOOTFINISIN: INE414G01012

Muthoot Finance Performance

Day Range

  • Low 1,450.75
  • High 1,474.00
₹ 1,464.85

52 Week Range

  • Low 911.25
  • High 1,506.50
₹ 1,464.85
  • Open Price1,470.00
  • Previous Close1,450.75
  • Volume605154

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Muthoot Finance Share Price

  • Over 1 Month 10.45%
  • Over 3 Month 14.62%
  • Over 6 Month 30.37%
  • Over 1 Year 28.98%

Muthoot Finance Key Statistics

P/E Ratio 14.8
PEG Ratio 2.4
Market Cap Cr 58,808
Price to Book Ratio 2.7
EPS 86.5
Dividend 1.5
Relative Strength Index 72.3
Money Flow Index 77.95
MACD Signal 26
Average True Range 38.57

Muthoot Finance Investment Rating

  • Master Rating:
  • Muthoot Finance has an operating revenue of Rs. 13,362.32 Cr. on a trailing 12-month basis. An annual revenue de-growth of -2% needs improvement, Pre-tax margin of 41% is great, ROE of 16% is good. The stock from a technical standpoint is comfortably placed above its key moving averages, around 12% and 23% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 8% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 84 which is a GOOD score indicating consistency in earnings, a RS Rating of 62 which is FAIR indicating the recent price performance, Buyer Demand at B which is evident from recent demand for the stock, Group Rank of 123 indicates it belongs to a poor industry group of Finance-Consumer Loans and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Muthoot Finance Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,0602,9992,8532,6602,4982,5042,670
Operating Expenses Qtr Cr 560549614476439531520
Operating Profit Qtr Cr 2,4882,3642,1642,1282,0722,0312,220
Depreciation Qtr Cr 15131715141316
Interest Qtr Cr 1,1561,064941914903942921
Tax Qtr Cr 339339314305294280332
Net Profit Qtr Cr 991975903902867802960
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 10,54411,098
Operating Expenses Annual Cr 2,1201,899
Operating Profit Annual in Cr 8,3959,183
Depreciation Cr 5854
Interest Annual Cr 3,6993,836
Tax Annual Cr 1,1931,355
Net Profit Annual Cr 3,4743,954
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -1,902-1,142
Cash from Investing Activity Annual Cr 188408
Cash from Financing Annual Activity Cr -1,0362,796
Net Cash Flow Annual Cr -2,7502,062
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 21,06218,345
Fixed Assets Annual Cr 339313
Total Non Current Assets Annual Cr 442422
Total Current Assets Annual Cr 72,17870,133
Total Assets Annual Cr 72,62070,555
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 525457
ROE Annual % 1622
ROCE Annual % 2429
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 8083
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 3,6063,4723,2753,0102,8252,7883,021
Operating Expenses Qtr Cr 723688741595552622633
Operating Profit Qtr Cr 2,8022,6252,4462,2942,2292,1642,385
Depreciation Qtr Cr 22192320181721
Interest Qtr Cr 1,3351,2361,0911,0471,0211,0511,032
Tax Qtr Cr 375362346315305287346
Net Profit Qtr Cr 1,0601,022973928892819997
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 11,97512,237
Operating Expenses Annual Cr 2,7652,501
Operating Profit Annual in Cr 9,1339,683
Depreciation Cr 7870
Interest Annual Cr 4,2094,256
Tax Annual Cr 1,2531,379
Net Profit Annual Cr 3,6124,017
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -2,804-1,596
Cash from Investing Activity Annual Cr 181422
Cash from Financing Annual Activity Cr 3953,445
Net Cash Flow Annual Cr -2,2282,271
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 21,66618,786
Fixed Assets Annual Cr 423364
Total Non Current Assets Annual Cr 658602
Total Current Assets Annual Cr 79,49175,714
Total Assets Annual Cr 80,14976,316
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 552477
ROE Annual % 1721
ROCE Annual % 2429
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 7780

Muthoot Finance Technicals

EMA & SMA

Current Price
₹1,464.85
14.1 (0.97%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,360.92
  • 50 Day
  • ₹1,316.96
  • 100 Day
  • ₹1,278.07
  • 200 Day
  • ₹1,224.36
  • 20 Day
  • ₹1,346.40
  • 50 Day
  • ₹1,292.37
  • 100 Day
  • ₹1,295.86
  • 200 Day
  • ₹1,178.14

Muthoot Finance Resistance and Support

PIVOT
₹1,463.2
Resistance
First Resistance 1,475.65
Second Resistance 1,486.45
Third Resistance 1,498.90
RSI 72.30
MFI 77.95
MACD Single Line 26.00
MACD 40.73
Support
First Resistance 1,452.40
Second Resistance 1,439.95
Third Resistance 1,429.15

Muthoot Finance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 626,524 26,752,575 42.7
Week 1,205,838 42,891,665 35.57
1 Month 686,430 23,668,110 34.48
6 Month 518,502 22,912,583 44.19

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 58,773
Sales 11,572
Shares in Float 10.84
No of funds 514
Yield 1.52
Book Value 2.77
U/D Vol ratio 1.1
LTDebt / Equity 66
Alpha 0.07
Beta 0.98

Muthoot Finance

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 73.35%73.35%73.35%73.35%
Mutual Funds 13.67%12.51%11.29%10.63%
Insurance Companies 0.34%0.64%0.61%0.63%
Foreign Portfolio Investors 8.12%8.7%9.37%10%
Financial Institutions/ Banks
Individual Investors 3.38%3.65%3.97%3.83%
Others 1.14%1.15%1.41%1.56%

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
2023-11-09 Quarterly Results
2023-08-11 Quarterly Results
2023-05-19 Audited Results
2023-04-06 Interim Dividend
2023-02-06 Quarterly 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

Muthoot Finance MF Shareholding

Name Amount(cr)
SBI Equity Hybrid Fund Regular Payout Inc Dist cum Cap Wdrl 59,302
ICICI Prudential Balanced Advantage Fund Growth 49,871
ICICI Prudential Bluechip Fund Growth 41,269
ICICI Prudential Value Discovery Fund Growth 32,494
SBI Focused Equity Fund Growth 29,317

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 ₹1,464 As on 04 December, 2023 | 22:22

What is the Market Cap of Muthoot Finance ?

The Market Cap of Muthoot Finance is ₹58807.6 Cr As on 04 December, 2023 | 22:22

What is the P/E ratio of Muthoot Finance ?

The P/E ratio of Muthoot Finance is 14.8 As on 04 December, 2023 | 22:22

What is the PB ratio of Muthoot Finance ?

The PB ratio of Muthoot Finance is 2.7 As on 04 December, 2023 | 22:22

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