1. Muthoot Finance
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71% Buy

Muthoot Finance Share Price

MUTHOOTFIN

₹2,033.25+₹41.95 (2.11%) TodayLast updated on 10 Dec, 2024 | 15:54 IST

Muthoot Finance Share Price Chart

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  • About Muthoot Finance
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About Muthoot Finance

Muthoot Finance Financials

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Market cap
Market Cap Switch₹79,944 Crs
Open
₹2,000.00
Close
₹1,991.30
Circuit range
₹2,190.40 - ₹1,792.20
Day range
₹1,995.10 - ₹2,054.65
Year range
₹1,261.90 - ₹2,078.75
Volume
10,17,512
Avg. traded
₹2,037.58
Revenue (12m)
₹17,300 Crs
Muthoot Finance

Muthoot Finance Limited is a non-banking financial company (NBFC) engaged primarily in the business of gold loan products. It is the largest gold financing firm offering personal and business loans secured by gold jewellery. The company caters to individuals who own gold jewellery but cannot get access to the formal credit system. Its subsidiary, Muthoot Insurance Brokers Pvt Limited (MIBPL) has been licensed as a direct broker by the Insurance Regulatory and Development Authority of India (IRDAI) since 2013 and is actively distributing both life and non-life insurance products.

The company offers home loan products through another subsidiary Muthoot Homefin (India) Limited. Muthoot Finance Ltd owns a 2/3 stake in its subsidiary Muthoot Finance's subsidiary Belstar Investment and Finance Private Limited (BIFPL) engaged in the microfinance business.

Business operations

The company was incorporated as The Muthoot Finance Private Limited firm in 1997. However, its history goes back to 1939 when M George Muthoot founded a gold business under the heritage trading business established by his father Ninan Mathai Muthoot in 1887. The company obtained an NBFC licence from the Reserve Bank of India (RBI) in 2001. In 2007, 'The' was dropped from the company's name. The next year, the firm was converted to a public company. Following this, the company obtained a fresh RBI licence to function as an NBFC without accepting public deposits. By April 2010, the company's network had expanded to 1600 branches.

In 2011, Muthoot Finance received PE investments of ₹255.68 crore from Matrix Partners LLC, The Welcome Trust, Kotak PE Kotak Investments and Baring India PE.

The same year, the company brought an initial public offering (IPO) to raise funds from the capital market.

In 2013 Muthoot Finance obtained an RBI licence to start operating 9,000 white label ATMs.

In 2016, credit rating agencies CRISIL and ICRA upgraded the company's long-term debt rating from AA-/stable to AA/Stable.

In 2018, Muthoot Finance announced that the Securities and Exchange Board of India (SEBI) has approved the company for setting up an asset management company and trustee company along with other compliance under SEBI (Mutual Fund) Regulations 1996 to get registered for the proposed mutual fund.

In FY 2022, the company launched its loan originating system, iMithra, to digitally originate the leads for better TAT. It focused more on funding cars and new two-wheelers in the vehicle loan portfolio.

As of March 31 2023, the Company had 5838 branches with 259 new branches opened during the year. The firm is present in 29 states across the country.

As of January 12, 2024, Muthoot Finance’s market capitalisation was over ₹59,154 crore. Muthoot Finance share price has grown by over 14% in the last three years.

Financial highlights

– Muthoot Finance’s total revenue in FY23 stood at ₹10,543.7 crore, recording a dip of 5 % from ₹ 11, 098.4 crore in the last financial year. – The company reported a net profit of ₹3,473 crore in FY23 as against ₹3,954 crore in FY22. – The company's gold loan portfolio was valued at ₹61,900 crore as of FY 2023. – Its basic earnings per share (EPS) slipped to ₹ 86.54 in FY23 from ₹ 98.55 in the last financial year.

Muthoot Finance Key indicators

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52 week high
₹2,078.75
52 week low
₹1,261.90
P/E ratio
17.09
P/B ratio
2.94
ROE
17.86%
ROCE
13.15%
Dividend yield
1.23%
Debt/Equity ratio
2.42
EPS
100.87

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Investment checklist: (3/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

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Buy

71%

Hold

19%

Sell

10%

This analysis is based on the reviews of 21 experts in the last 7 days

Muthoot Finance Fundamentals

Muthoot Finance Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

80.58%

Net profit margin

32.05%

ROE

17.86%

ROA

5.14%

ROCE

13.15%

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Muthoot Finance Shareholder returns

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1 day
+2.11%
1 week
+5.20%
1 month
+12.67%
3 months
+3.75%
1 year
+41.13%
3 years
+36.28%
5 years
+194.14%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Muthoot Finance Share Price history

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DayOpenCloseChange %
Tue, Dec 10 2024
₹2,000.00
₹2,033.25
+2.11%
Mon, Dec 9 2024
₹1,939.95
₹1,991.30
+2.04%
Fri, Dec 6 2024
₹1,932.95
₹1,951.55
+0.72%
Thu, Dec 5 2024
₹1,959.90
₹1,937.55
-0.53%
Wed, Dec 4 2024
₹1,942.25
₹1,947.80
+0.78%
Tue, Dec 3 2024
₹1,935.85
₹1,932.80
-0.14%
Mon, Dec 2 2024
₹1,917.05
₹1,935.55
+0.97%
Fri, Nov 29 2024
₹1,917.85
₹1,917.05
+0.27%

Muthoot Finance Shareholding Pattern

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Promoters (73.35%)

Mutual Funds (12.32%)

Retail and other (3.51%)

Foreign institutions-FII (9.85%)

Other domestic institutions (0.97%)

Promoters

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Events

Corporate actions

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  • Dividend • ₹24/share

    Ex date 31 May 2024

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  • Dividend • ₹22/share

    Ex date 18 Apr 2023

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  • Dividend • ₹20/share

    Ex date 25 Apr 2022

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FAQs on Muthoot Finance

What is the Muthoot Finance share price today?

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Muthoot Finance share price is ₹ 2,033.25 today.

What is today’s high & low share price of Muthoot Finance?

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Muthoot Finance share price high: ₹ 2,054.65 and low: ₹ 1,995.10

What is the Muthoot Finance share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 2,078.75 and Low Price is ₹ 1,261.90

What is the Muthoot Finance Stock Symbol?

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The Muthoot Finance Stock symbol is MUTHOOTFIN.

Can I buy Muthoot Finance shares on Holidays?

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No, shares of Muthoot Finance or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Muthoot Finance shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.