Live Muthoot Finance Share Price Chart

O 1659.55

H 1659.55

L 1659.55

VOL 1322

Muthoot Finance Performance

Days Range

Low: ₹1,649.10
High: ₹1,688.15
Previous Close ₹1,649.45
Open ₹1,659.55
Volume 8,61,405
Day’s Range ₹1,649.10 - ₹1,688.15
52W Range ₹1,003.25 - ₹1,698.50
Market Cap ₹66,201 Cr

Muthoot Finance Fundamentals

ROCE (TTM) 12.03
P/E Ratio (TTM) 15.92
P/B Ratio 2.76
Industry P/E 19.76
Debt to Equity 2.75
ROE 17.32
EPS (TTM) 103.59
Dividend Yield 1.33
Book Value 598.25
Face Value 10

Muthoot Finance Financials

Mar 2023Jun 2023Sep 2023Dec 2023
Expenses1,943.482,101.932,161.742,308.33
Profit before tax1,354.881,406.771,470.211,534.35
Operating Profit1,009.261,044.721,095.291,145.31
Net Profit1,009.261,044.721,095.291,145.31
EPS in Rs24.2525.4626.3927.49

About Muthoot Finance

Muthoot Finance is a registered NBFC which is involved in the business of providing gold loans with a major presence in Southern India. The company was incorporated in 1997 as “The Muthoot Finance Private Limited”. In 2001, It received a licence from RBI to function as an NBFC. In 2005, Muthoot Enterprises Private Limited merged with the company. It was converted into a public limited company in 2008 with the name Muthoot Finance Limited. In 2011, the company was listed on BSE and NSE after an IPO.

The company finished the acquisition of Muthoot Insurance Brokers  Pvt Limited in 2016. It proposed the acquisition of IDBI Asset Management Limited and IDBI MF Trustee Company Limited in 2019.

In 2023, It was honoured as the Biggest Wealth Creator Company in Kerala by ICCI – Indian Chamber of Commerce and Industry, Cochin. The company won the Best Family Business Award in the GIGA Category at Moneycontrol’s Indian Family Business Awards 2022.

Business Segments

Gold Loan: This is the company’s major business, which derives a significant portion of revenue. It provides secured loans in lieu of gold ornaments like gold jewellery.

Gold Loan at Home: This segment was launched in July 2020.  It is a digital app-based service which allows customers to apply for gold loans via the mobile app ‘Loan@Home’ and web portal.

Housing Finance: The company operates this segment via Muthoot Homefin (India) Limited (MHIL), a housing loan arm of the Muthoot Group. It is a non-deposit-taking housing finance company registered with the National Housing Bank (NHB) and regulated & controlled by the Reserve Bank of India (RBI).  

Personal Loan: The company caters to individuals with personal loan services for fulfilling the immediate requirements of funds.

Insurance: Under this segment, the company provides insurance and related services to customers through Muthoot Insurance Brokers Pvt Ltd. It provides products such as health insurance, vehicle insurance, home insurance, life insurance, travel insurance, etc.

Other Services: The company also provides multiple services such as corporate loans, SME loans, PAN cards, Micro finance, NCD, etc.  

Subsidiary:

As of August 2023, the company had the following subsidiaries:

  • Muthoot Money Ltd (MML): It became a wholly owned subsidiary of Muthoot Finance Ltd in October 2018. The company is a registered NBFC  engaged mainly in extending gold loans and loans for commercial vehicles and equipment. 
  • Muthoot Asset Management Private Limited (MAMPL): It is a wholly-owned subsidiary of Muthoot Finance Ltd. It provides asset management services.
  • Muthoot Trustee Private Limited (MTPL): It is a 100% subsidiary which is yet to commence commercial operations.

Key Personnel

George Alexander, MD

George Alexander Muthoot is currently the Managing Director (MD) of Muthoot Finance Ltd. He has been the Chairman of the Kerala Non-banking Finance Companies Welfare Association from 2004 to 2007 and is currently its Vice Chairman. He is a qualified chartered accountant (CA) and a graduate of commerce from Kerala University.

Management Outlook

  • The company believes that the Gold loan industry and the company’s business would be supported by growth drivers such as financial inclusion, fintech, digitalisation, penetration of financial products and soaring demand for financial services with rising incomes in India.
  • The company is optimistic about the opportunity to diversify its loan portfolio by exploring other types of secured and unsecured loans to meet the varied credit requirements of its large customer base.
Parent Organisation Muthoot Group
Founded 1997
Managing Director George Jacob Muthoot
NSE Symbol MUTHOOTFIN

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Muthoot Finance FAQs

What is the Share price of Muthoot Finance (MUTHOOTFIN)?

Muthoot Finance (MUTHOOTFIN) share price as of April 12, 2024, on NSE is Rs 1,667.35 (NSE) and Rs 1,657.20 (BSE) on BSE.

Can I buy Muthoot Finance (MUTHOOTFIN) shares?

Yes, You can buy Muthoot Finance (MUTHOOTFIN) shares by opening a Demat account with Angel One.

How do I buy Muthoot Finance (MUTHOOTFIN) from Angel One?

Muthoot Finance (MUTHOOTFIN) share can be brought through the following modes:
  1. Direct investment: You can buy Muthoot Finance (MUTHOOTFIN) shares by opening a Demat account with Angel One.
  2. Indirect investment: The indirect method involves investing through ETFs and Mutual Funds that offer exposure to Muthoot Finance (MUTHOOTFIN) shares.

What is the total Asset of Muthoot Finance?

The total asset of Muthoot Finance is Rs. 65,808 crores.

What is the main business of Muthoot Finance?

The main business of Muthoot Finance, the largest gold financing company in India, is to provide gold loans. Muthoot Finance today has a diversified product range, covering financial services, foreign exchange, microfinance, home loans, vehicle loans, etc.

Who are the promoters of Muthoot Finance?

The primary promoters of Muthoot Finance are George Jacob Muthoot, George Thomas Muthoot, George Alexander Muthoot, Susan Thomas, Sara George, George M Jacob, Anna Alexander, Elizabeth Jacob, Alexander George, George M George, Eapen Alexander, and George M Alexander.

What are the Subsidiaries that comes under Muthoot Finance?

The key subsidiaries which come under Muthoot Finance are Asia Asset Finance PLC, Muthoot Homefin (India) Limited, Muthoot Insurance Brokers Private Limited, Belstar Microfinance Limited, Muthoot Money Limited, Muthoot Asset Management Private Limited, and Muthoot Trustee Private Limited.