Muthoot Finance Ltd
Muthoot Finance is NBFC engaged in the business of providing gold loans. The company predominately operates in Southern India[1]
- Market Cap ₹ 66,470 Cr.
- Current Price ₹ 1,656
- High / Low ₹ 1,698 / 1,003
- Stock P/E 16.0
- Book Value ₹ 598
- Dividend Yield 1.33 %
- ROCE 12.1 %
- ROE 17.9 %
- Face Value ₹ 10.0
Pros
- Company has been maintaining a healthy dividend payout of 21.8%
Cons
- Stock is trading at 2.77 times its book value
- Company might be capitalizing the interest cost
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
Revenue | 4,336 | 4,936 | 5,935 | 6,714 | 7,594 | 9,684 | 11,535 | 12,186 | 11,898 | 14,173 |
Interest | 2,114 | 2,288 | 2,374 | 2,132 | 2,543 | 3,180 | 4,109 | 4,268 | 4,225 | 5,075 |
1,110 | 1,268 | 1,554 | 1,656 | 1,747 | 2,207 | 2,259 | 2,490 | 2,747 | 3,352 | |
Financing Profit | 1,112 | 1,381 | 2,007 | 2,927 | 3,305 | 4,298 | 5,167 | 5,428 | 4,926 | 5,746 |
Financing Margin % | 26% | 28% | 34% | 44% | 44% | 44% | 45% | 45% | 41% | 41% |
1 | 5 | 3 | 67 | 6 | 22 | 32 | 52 | 75 | 109 | |
Depreciation | 84 | 59 | 52 | 52 | 52 | 59 | 67 | 70 | 78 | 89 |
Profit before tax | 1,029 | 1,327 | 1,959 | 2,942 | 3,260 | 4,260 | 5,131 | 5,410 | 4,923 | 5,766 |
Tax % | 35% | 38% | 38% | 37% | 35% | 26% | 26% | 25% | 25% | |
672 | 818 | 1,200 | 1,844 | 2,103 | 3,169 | 3,819 | 4,031 | 3,670 | 4,295 | |
EPS in Rs | 16.86 | 20.41 | 30.03 | 45.74 | 51.86 | 78.25 | 94.83 | 100.08 | 89.98 | 103.59 |
Dividend Payout % | 36% | 29% | 20% | 22% | 23% | 19% | 21% | 20% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 7% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 15% |
3 Years: | 5% |
TTM: | 14% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 22% |
3 Years: | 13% |
1 Year: | 59% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 24% |
3 Years: | 22% |
Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 398 | 399 | 399 | 400 | 401 | 401 | 401 | 401 | 401 | 401 |
Reserves | 4,686 | 5,223 | 6,139 | 7,457 | 9,531 | 11,428 | 15,174 | 18,384 | 21,264 | 22,481 |
19,621 | 18,854 | 22,177 | 23,891 | 30,128 | 40,952 | 50,414 | 54,569 | 55,804 | 62,383 | |
2,292 | 2,918 | 3,469 | 1,925 | 1,675 | 2,085 | 2,638 | 2,946 | 2,664 | 2,819 | |
Total Liabilities | 26,996 | 27,395 | 32,184 | 33,672 | 41,734 | 54,867 | 68,627 | 76,300 | 80,134 | 88,085 |
269 | 235 | 257 | 251 | 259 | 314 | 327 | 342 | 386 | 395 | |
CWIP | 7 | 11 | 10 | 6 | 23 | 29 | 39 | 52 | 67 | 83 |
Investments | 20 | 49 | 97 | 177 | 211 | 630 | 809 | 523 | 546 | 1,162 |
26,700 | 27,100 | 31,820 | 33,237 | 41,241 | 53,894 | 67,453 | 75,382 | 79,135 | 86,444 | |
Total Assets | 26,996 | 27,395 | 32,184 | 33,672 | 41,734 | 54,867 | 68,627 | 76,300 | 80,134 | 88,085 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
-479 | 108 | -2,186 | -1,432 | -4,824 | -4,970 | -7,814 | -1,596 | -2,804 | |
21 | -43 | -177 | -126 | -162 | -385 | 37 | 410 | 180 | |
249 | -1,102 | 3,027 | 824 | 6,351 | 9,193 | 9,712 | 3,445 | 395 | |
Net Cash Flow | -209 | -1,036 | 664 | -734 | 1,364 | 3,838 | 1,935 | 2,260 | -2,229 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
ROE % | 15% | 20% | 25% | 23% | 29% | 28% | 23% | 18% |
Documents
Announcements
- Update On US$ 2 Bn GMTN - Bloomberg Announcement 5h
- Compliance Certificate Pursuant To Regulation 7(3) Of The SEBI (LODR) Regulation, 2015 For The Financial Year Ended On March 31, 2024 9h
- Update On US$ 2 Bn Global Medium Term Note Programme 14h
- Board Meeting Outcome for Finance Committee Meeting Outcome : Update On US$ 2 Bn Global Medium Term Note Programme 14h
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Announcement under Regulation 30 (LODR)-Updates on Acquisition
1d - Acquisition of Additional Equity Shares of Belstar Microfinance Ltd
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Feb 2024Transcript PPT
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Dec 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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Aug 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
Muthoot Group & Primary Business[1]
1 Muthoot Finance Limited (Holding Co.): Gold Loans
2 Muthoot Homefin (India) Ltd.: Affordable Housing Finance
3 Belstar Microfinance Ltd.: Microfinance
4 Muthoot Money Ltd.: Vehicle Finance
5 Asia Asset Finance PLC : Listed Diversified NBFC in Sri Lanka
6 Muthoot Insurance Brokers Pvt. Ltd. : Insurance Broking
7 Muthoot Asset Management Private Ltd.
8 Muthoot Trustee Private Ltd.