Muthoot Capital Services Ltd

Muthoot Cap.Serv Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Muthoot Capital Services Ltd

₹ 285 -2.43%
22 May 3:31 p.m.
muthootcap.com BSE: 511766 NSE: MUTHOOTCAP
About

The company is deposit-taking NBFC & part of Muthoot Group. The group has established a strong reputation and brand in India, particularly in South India. The promoters have more than 30 years of experience in the lending business.
The company started its business in 2-wheeler financing in 1998 and since then expanded into financing used cars, consumer durables, and small-ticket business loans. [1]

Key Points

**Strategic benefits from Muthoot Group **
MCSL has common promoters and promoter directors like the other MPG companies.[1]
Besides its own sales force, MCSL also has access to the 3500+ branch network and large customer base of MFL for the origination of new loans and collection.[2]
Initially, it provided gold loans but subsequently, as the group scaled up its gold financing business in MFL, MCSL entered the two-wheeler financing segment in fiscal 2008 and gradually exited the gold loan business.

Website BSE NSE
  • Market Cap ₹ 469 Cr.
  • Current Price ₹ 285
  • High / Low ₹ 406 / 233
  • Stock P/E 10.2
  • Book Value ₹ 400
  • Dividend Yield 0.00 %
  • ROCE 9.82 %
  • ROE 7.21 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.73 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -4.26% over past five years.
  • Company has a low return on equity of 10.8% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Finance Industry: Finance & Investments

Edit Columns
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
108.68 106.38 109.70 112.57 115.06 106.53 98.14 95.95 97.98 100.00 108.65 125.68 137.31
Interest 34.12 32.75 35.04 37.71 42.65 44.18 41.18 39.78 42.43 43.70 50.72 61.51 67.63
277.94 53.76 50.16 47.42 35.20 38.01 42.59 43.35 40.73 41.15 36.51 46.26 63.83
Financing Profit -203.38 19.87 24.50 27.44 37.21 24.34 14.37 12.82 14.82 15.15 21.42 17.91 5.85
Financing Margin % -187.14% 18.68% 22.33% 24.38% 32.34% 22.85% 14.64% 13.36% 15.13% 15.15% 19.71% 14.25% 4.26%
0.20 0.05 0.06 0.25 0.06 0.08 97.79 0.79 0.20 0.18 1.14 0.46 3.06
Depreciation 0.26 0.14 0.15 0.15 0.21 0.15 0.17 0.21 0.33 0.82 0.94 1.08 1.93
Profit before tax -203.44 19.78 24.41 27.54 37.06 24.27 111.99 13.40 14.69 14.51 21.62 17.29 6.98
Tax % -25.37% 25.53% 25.44% 28.14% 29.98% 26.86% 25.69% 25.30% 20.42% 25.57% 26.09% 27.41% 7.88%
-151.83 14.73 18.20 19.79 25.96 17.75 83.21 10.01 11.68 10.80 15.97 12.56 6.42
EPS in Rs -92.31 8.96 11.07 12.03 15.78 10.79 50.59 6.09 7.10 6.57 9.71 7.64 3.90
Gross NPA % 18.70% 25.27% 23.58% 21.86% 20.55% 21.08% 11.67% 10.69% 10.17% 9.84% 4.80% 4.73% 4.88%
Net NPA % 9.90% 5.15% 4.47% 3.63% 2.58% 2.57% 3.88% 3.55% 3.40% 3.41% 1.62% 2.22% 2.30%
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
159 191 228 284 398 518 586 504 411 443 399 472
Interest 60 77 98 125 167 238 303 248 209 227 218 224
62 79 94 112 148 147 188 186 417 107 115 188
Financing Profit 36 35 36 47 83 134 95 70 -215 109 67 60
Financing Margin % 23% 18% 16% 17% 21% 26% 16% 14% -52% 25% 17% 13%
-2 1 0 0 0 0 0 1 0 0 98 5
Depreciation 1 1 1 1 1 1 2 1 1 1 1 5
Profit before tax 34 34 35 46 82 133 93 70 -216 109 164 60
Tax % 34% 35% 36% 35% 35% 35% 35% 26% -25% 28% 25% 24%
22 22 23 30 54 86 60 51 -162 79 123 46
EPS in Rs 16.21 16.27 16.68 21.96 32.64 52.35 36.77 31.29 -98.46 47.84 74.58 27.82
Dividend Payout % 25% 28% 30% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 9%
5 Years: -4%
3 Years: 5%
TTM: 18%
Compounded Profit Growth
10 Years: 7%
5 Years: -5%
3 Years: 32%
TTM: -12%
Stock Price CAGR
10 Years: 5%
5 Years: 1%
3 Years: 13%
1 Year: -4%
Return on Equity
10 Years: 8%
5 Years: 2%
3 Years: 11%
Last Year: 7%

Balance Sheet

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 12 12 12 12 16 16 16 16 16 16 16 16
Reserves 106 121 135 166 377 431 491 543 395 473 595 642
Borrowing 571 700 878 991 1,441 2,126 2,351 1,945 1,625 1,891 1,660 2,855
25 43 47 109 143 67 55 56 63 55 42 72
Total Liabilities 715 876 1,072 1,278 1,978 2,640 2,913 2,560 2,099 2,435 2,314 3,584
3 2 2 2 2 2 4 3 2 2 6 10
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 7 14 14 15 18 20 16 16 27 46 107 112
705 860 1,057 1,261 1,957 2,618 2,893 2,540 2,069 2,388 2,201 3,463
Total Assets 715 876 1,072 1,278 1,978 2,640 2,913 2,560 2,099 2,435 2,314 3,584

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
-199 -129 -166 -99 -614 -501 24 670 73 -46 -7 -1,096
-8 -6 0 -2 -3 0 2 1 -9 -17 -63 -8
214 130 165 107 619 529 229 -416 -311 272 -251 1,220
Net Cash Flow 7 -5 -0 6 2 29 255 255 -248 209 -321 116

Ratios

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
ROE % 21% 18% 16% 18% 19% 20% 13% 10% -33% 17% 9% 7%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
62.62% 62.62% 62.62% 62.62% 62.62% 62.62% 62.62% 62.62% 62.62% 62.62% 62.62% 62.62%
8.97% 0.51% 0.56% 0.61% 0.97% 1.56% 1.35% 1.36% 1.32% 1.30% 1.46% 1.39%
5.98% 3.07% 0.18% 0.88% 0.86% 0.93% 0.68% 0.68% 0.84% 1.22% 1.27% 1.36%
22.43% 33.80% 36.63% 35.90% 35.55% 34.88% 35.35% 35.33% 35.22% 34.86% 34.65% 34.62%
No. of Shareholders 20,13421,48520,31619,67418,72518,02218,65819,73319,78221,75522,34822,524

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Right Issue

Credit ratings

Concalls