MUTHOOTFIN

Muthoot Finance Share Price

₹2,023.85
+ 10.25 (0.51%)
  • Advice
  • Hold
18 September, 2024 02:37 BSE: 533398 NSE: MUTHOOTFIN ISIN: INE414G01012

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Muthoot Finance Performance

Day Range

  • Low 1,991
  • High 2,040
₹ 2,023

52 Week Range

  • Low 1,182
  • High 2,079
₹ 2,023
  • Open Price2,019
  • Previous Close2,014
  • Volume680183

Muthoot Finance Chart

  • Over 1 Month + 10.35%
  • Over 3 Month + 14.34%
  • Over 6 Month + 50.89%
  • Over 1 Year + 52.68%

Muthoot Finance Key Statistics

P/E Ratio 18.2
PEG Ratio 1.1
Market Cap Cr
Price to Book Ratio 3.2
EPS 100.9
Dividend 1.2
Relative Strength Index 64.81
Money Flow Index 70.81
MACD Signal 36.46
Average True Range 48.85

Muthoot Finance Investment Rating

  • Master Rating:
  • Muthoot Finance has an operating revenue of Rs. 16,063.81 Cr. on a trailing 12-month basis. An annual revenue growth of 27% is outstanding, Pre-tax margin of 40% is great, ROE of 17% is exceptional. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 24% from 50DMA and 200DMA. From an O'Neil Methodology perspective, the stock has an EPS Rank of 69 which is a FAIR score but needs to improve its 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 111 indicates it belongs to a poor industry group of Finance-Consumer Loans and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock definitely has some strength, you may want to examine it in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Muthoot Finance Financials
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 3,7043,4093,1683,0602,9992,853
Operating Expenses Qtr Cr 625667552560549614
Operating Profit Qtr Cr 2,8552,6562,6022,4882,3642,164
Depreciation Qtr Cr 181917151317
Interest Qtr Cr 1,3511,2231,2121,1561,064941
Tax Qtr Cr 413367353339339314
Net Profit Qtr Cr 1,0791,0561,027991975903
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 12,69410,544
Operating Expenses Annual Cr 2,5252,120
Operating Profit Annual in Cr 10,1108,395
Depreciation Cr 6658
Interest Annual Cr 4,6553,699
Tax Annual Cr 1,3991,193
Net Profit Annual Cr 4,0503,474
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -9,302-1,902
Cash from Investing Activity Annual Cr -739188
Cash from Financing Annual Activity Cr 8,649-1,036
Net Cash Flow Annual Cr -1,392-2,750
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 24,29021,062
Fixed Assets Annual Cr 438339
Total Non Current Assets Annual Cr 526442
Total Current Assets Annual Cr 84,50272,178
Total Assets Annual Cr 85,02872,620
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 605525
ROE Annual % 1716
ROCE Annual % 4124
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 8080
IndicatorJun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 4,4744,1643,8203,6063,4723,275
Operating Expenses Qtr Cr 852913766723688741
Operating Profit Qtr Cr 3,2473,0432,9482,8022,6252,446
Depreciation Qtr Cr 262724221923
Interest Qtr Cr 1,5951,4471,4121,3351,2361,091
Tax Qtr Cr 450403389375362346
Net Profit Qtr Cr 1,1641,1391,1041,0601,022973
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 15,16311,975
Operating Expenses Annual Cr 3,6442,765
Operating Profit Annual in Cr 11,4189,133
Depreciation Cr 9278
Interest Annual Cr 5,4304,209
Tax Annual Cr 1,5291,253
Net Profit Annual Cr 4,3243,612
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr -13,754-2,804
Cash from Investing Activity Annual Cr -47181
Cash from Financing Annual Activity Cr 11,958395
Net Cash Flow Annual Cr -1,844-2,228
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 25,10721,666
Fixed Assets Annual Cr 540423
Total Non Current Assets Annual Cr 866658
Total Current Assets Annual Cr 95,60379,491
Total Assets Annual Cr 96,46980,149
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 642552
ROE Annual % 1717
ROCE Annual % 4324
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 7677

Muthoot Finance Technicals

EMA & SMA

Current Price
₹2,023.85
+ 10.25 (0.51%)
pointer
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹1,961.82
  • 50 Day
  • ₹1,893.89
  • 100 Day
  • ₹1,801.97
  • 200 Day
  • ₹1,661.01
  • 20 Day
  • ₹1,968.35
  • 50 Day
  • ₹1,882.18
  • 100 Day
  • ₹1,803.92
  • 200 Day
  • ₹1,625.17

Muthoot Finance Resistance and Support

PIVOT
₹2,018.4
Resistance
First Resistance 2,045.35
Second Resistance 2,066.85
Third Resistance 2,093.80
RSI 64.81
MFI 70.81
MACD Single Line 36.46
MACD 37.22
Support
First Support 1,996.90
Second Support 1,969.95
Third Supoort 1,948.45

Muthoot Finance Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 685,311 34,107,928 49.77
Week 765,046 29,798,526 38.95
1 Month 575,310 27,085,610 47.08
6 Month 673,391 31,029,852 46.08

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. 12635.01 Cr. and Equity Capital is Rs. 401.46 Cr. for the Year ended 31/03/2024. 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 81,250
Sales 13,340
Shares in Float 10.84
No of funds 547
Yield 1.19
Book Value 3.34
U/D Vol ratio 1.5
LTDebt / Equity 66
Alpha 0.06
Beta 1

Muthoot Finance Shareholding Pattern

Owner NameJun-24Mar-24Dec-23Sep-23
Promoters 73.35%73.35%73.35%73.35%
Mutual Funds 13.72%14.05%13.88%13.67%
Insurance Companies 0.2%0.1%0.16%0.34%
Foreign Portfolio Investors 8.68%8.33%8.34%8.12%
Financial Institutions/ Banks
Individual Investors 2.88%3.06%3.26%3.38%
Others 1.17%1.11%1.01%1.14%

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
2024-08-13 Quarterly Results
2024-05-30 Audited Results
2024-05-23 Interim Dividend
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
Date Purpose Remarks
2024-06-01 INTERIM Rs.24.00 per share(240%)Interim Dividend
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 over 5,000 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 5,000 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 ₹20 crore.

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

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

2007 – The company's retail loan portfolio exceeds ₹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 ₹1 billion.

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

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

2010 – The retail loan and debenture portfolios both exceeded ₹74 billion and ₹27 billion, respectively. The company's net-owned funds were over ₹5 billion. ICRA assigned an 'A1+' rating to an INR 200 crore short-term debt, while CRISIL assigned a 'P1+' rating to an ₹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 ₹157.55 crore in private equity. Kotak India Private Equity Fund and Kotak Investment Advisors Limited also invested a total of ₹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 ₹2,023 As on 18 September, 2024 | 02:23

What is the Market Cap of Muthoot Finance ?

The Market Cap of Muthoot Finance is ₹81250.3 Cr As on 18 September, 2024 | 02:23

What is the P/E ratio of Muthoot Finance ?

The P/E ratio of Muthoot Finance is 18.2 As on 18 September, 2024 | 02:23

What is the PB ratio of Muthoot Finance ?

The PB ratio of Muthoot Finance is 3.2 As on 18 September, 2024 | 02:23

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.

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