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Muthoot Finance Ltd (MUTHOOTFIN)

₹1841.250.37%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 18 analysts

BUY

68.42%

Buy

15.79%

Hold

15.79%

Sell

Based on 18 analysts offering long term price targets for Muthoot Finance Ltd. An average target of ₹1856.61

Source: S&P Global Market Intelligence

Muthoot Finance Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,811.45
    ₹1,850
  • 52 Week's Low

    52 Week's High

    ₹1,182.35
    ₹1,885.95
1 Month Return+ 5.68 %
3 Month Return+ 12.19 %
1 Year Return+ 42.24 %
Previous Close₹1,848.15
Open₹1,850.00
Volume3.51L
Upper Circuit-
Lower Circuit-
Market Cap₹74,196.55Cr

Key Statistics

P/E Ratio17.09
PEG Ratio0.96
Market Cap₹74,196.55 Cr
P/B Ratio1.87
EPS52.49

Mutual Fund Holdings

Funds HoldingsPrev. 6M
SBI Focused Equity Fund Direct Plan GrowthSBI Focused Equity Fund Direct Plan Growth7.18%
SBI Equity Hybrid Fund Direct GrowthSBI Equity Hybrid Fund Direct Growth2.51%
SBI Large & Midcap Fund Direct GrowthSBI Large & Midcap Fund Direct Growth2.69%
SBI Multicap Fund Direct GrowthSBI Multicap Fund Direct Growth3.48%
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth1.69%

Company Information

Muthoot Finance Ltd is a leading financial services company in India, incorporated in 1997. It is headed by Mr. George Alexander Muthoot as the Chairman and Managing Director. The company offers a wide range of financial services to its customers, including personal loans, business loans, gold loans, housing finance, vehicle finance, money transfer, foreign exchange, insurance, wealth management services, and more.

Muthoot Finance Ltd is one of the largest gold loan companies in India, with a network of over 4,400 branches. It is also one of the leading non-banking financial companies (NBFCs) in the country. The company provides gold loans to individuals and businesses, secured against gold jewellery. It also offers a variety of other loan products, such as personal loans, business loans, housing finance, vehicle finance, and more.

The company also offers a range of other services, including money transfer, foreign exchange, insurance, and wealth management services. It has a number of popular brands, such as Muthoot Fincorp, Muthoot Money, and Muthoot Capital Services.


Share Price: ₹1841.25 per share as on 19 Jul, 2024 04:01 PM
Market Capitalisation: ₹74,196.55Cr as of today
Revenue: ₹4,179.42Cr as on March 2024 (Q1 24)
Net Profit: ₹1,182.27Cr as on March 2024 (Q1 24)
Listing date: 06 May, 2011
Chairperson Name: George Jacob Muthoot
OrganisationMuthoot Finance Ltd
HeadquartersKochi
IndustryFinance
E-voting on sharesClick here to vote

Key events for Muthoot Finance Ltd

  • Jefferies Initiates Coverage on Muthoot Finance and Manappuram Finance; Muthoot Microfin Announces Second Interest Rate Cut - 19 Jul, 2024

    Jefferies has initiated coverage on Muthoot Finance and Manappuram Finance with a Buy rating. Meanwhile, Muthoot Microfin has announced its second interest rate cut this year, lowering rates by 35 bps to improve the accessibility and affordability of financial services for customers.

  • Jefferies Initiates Buy Call on Muthoot Finance - 18 Jul, 2024

    Jefferies has initiated coverage on Muthoot Finance with a buy call and a target price of Rs 2,200, indicating an upside of 20%. The brokerage believes that gold NBFCs offer higher leverage to gold prices and stabilizing competition and diversification will support loan growth. Loan growth is expected to be stronger than the past three fiscal years, at 17-19 percent EPS CAGR for FY24-27 compared to 3-8 percent in FY21-24.

  • Muthoot Finance Approves Issuance of Senior Secured Notes - 16 Jul, 2024

    Muthoot Finance has approved the issuance, settlement and allotment of $100 million 7.125% senior secured notes due 2028 to be consolidated with existing notes under its Global Medium Term Note Programme.

  • JM Financial Gives Buy Call on Muthoot Microfin with Target Price of Rs 300 - 08 Jul, 2024

    Muthoot Microfin reported a standalone total income of Rs 653.42 crore for Q4 2023, up 11.73% from the previous quarter and 45.80% YoY. The company's net profit after tax was Rs 119.76 crore in the latest quarter. Promoters held 55.47% stake as of March 31, 2024, while FIIs owned 26.28% and DIIs 2.35%. JM Financial has given a buy call on the stock with a target price of Rs 300.

  • Muthoot Finance Selected for FATF Mutual Evaluation Report - 04 Jul, 2024

    Muthoot Finance has been selected as the only Indian NBFC to be included in The Financial Action Task Forces (FATF) Mutual Evaluation report 2023-24, which aims to combat money laundering and terrorism financing.

  • Muthoot Microfin Reports Strong FY 2024 Earnings - 30 Jun, 2024

    Muthoot Microfin reported an EPS of ₹30.20, up from ₹14.19 in FY 2023, with revenue and net income increasing by 84% and 174%, respectively. The profit margin also increased to 37%. Revenue is forecasted to grow at a rate of 24% p.a. for the next three years, compared to 11% growth forecasted for the industry. However, the company's shares are down 3.9% from a week ago.

  • Muthoot Finance Positioned for Growth in Gold Loan Space - 28 Jun, 2024

    Muthoot Finance is well-positioned for growth in the gold loan space due to their established operating practices and regulatory compliance. The Managing Director also discussed how gold loans can benefit small business owners.

  • Muthoot Finance Innovates Credit Access for MSMEs - 27 Jun, 2024

    Muthoot Finance is using innovative technologies to revolutionize credit access to MSMEs. The company's gold loans have emerged as a catalyst for MSME growth in India by providing customized financing solutions and quick access to funds without the need for a strong credit history.

  • Muthoot Microfin Gains Corporate Agent License for Insurance Products - 25 Jun, 2024

    Muthoot Microfin has secured a corporate agent license from IRDAI to offer tailored insurance plans to its customer base. The license will help Muthoot Microfin negotiate better with insurance partners and customize products to suit the needs of its BOP customers while augmenting its sources of revenue and earnings.

  • Muthoot Finance Launches Brand Campaign Featuring Madhuri Dixit - 21 Jun, 2024

    Muthoot Finance has launched a brand campaign featuring its brand ambassador, Madhuri Dixit. The ad films highlight Muthoot Finance's recognition as India's most trusted financial services brand for eight consecutive years.

  • Muthoot Finance Receives Positive Coverage from Analysts - 20 Jun, 2024

    Muthoot Finance receives positive analyst coverage as Bernstein initiates coverage with an Outperform rating and Investec shares a buy rating on the counter. The stock jumps over 4% in response.

Insights on Muthoot Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MUTHOOTFIN stock has moved up by 0.3%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 8 quarters, 2.80K Cr → 4.17K Cr (in ₹), with an average increase of 5.5% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 8 quarters, 819.22 Cr → 1.13K Cr (in ₹), with an average increase of 4.6% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 13.88% to 14.05% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 57.7% return, outperforming this stock by 15.4%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 191.0% return, outperforming this stock by 170.6%

  • imgNO EFFECT

    FII Holding Unchanged

    img

    Foreign Institutions holdings remained unchanged at 8.33% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 73.35% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 3.72% to 3.60% in Mar 2024 quarter

News

Muthoot Fin, Manappuram shares get ‘Buy’ tag from Jefferies as gold prices hit record; sees upto 20% upside

Jefferies has initiated coverage on Muthoot Finance and Manappuram Finance with a ‘Buy’ rating. It has Muthoot Finance share price target of ₹2,220 apiece and M... Read more

19 Jul, 2024 01:44 PM

Jefferies Recommends Buying Muthoot Fin and Manappuram as Gold Prices Soar, Predicts 20% Upside - Share Price India News

Jefferies Recommends Buying Muthoot Fin and Manappuram as Gold Prices Soar, Predicts 20% Upside, Gold prices in India have hit record highs, boosting the

19 Jul, 2024 02:50 PM

RBI imposes penalty of Rs. 1.9 Lakh on Muthoot Finance Ltd. for non-compliance with KYC Directions, 2016

Muthoot Finance had been allotting more than one UCIC to its individual customers in contradiction to the 2016 KYC Directions issued by…

20 Jul, 2024 04:30 PM
View More

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹4,179.42Cr
↑8.76%
Net Income
₹1,182.27Cr
↑3.23%
Net Profit Margin
28.29%
↓5.07%
2023Y/Y Change
Revenue
₹11,897.66Cr
↓2.36%
Net Income
₹3,669.77Cr
↓8.97%
Net Profit Margin
30.84%
↓6.77%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹72,642.09Cr
↑2.91%
Total Liabilities
₹51,580.16Cr
↓1.27%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹1,901.72Cr
↑66.59%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
73.35%
0.00
Foreign Institutions
8.33%
0.00
Mutual Funds
14.05%
0.00
Retail Investors
3.6%
0.00
Others
0.67%
0.00

Key Indicators

Muthoot Finance Ltd Valuation

Muthoot Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.14x)

March 23, 2020

Today (17.09x)

July 19, 2024

Industry (30.98x)

July 19, 2024

Highest (17.16x)

July 18, 2024

LowHigh

Earnings and Dividends

  • Muthoot Finance Ltd Earnings Results

    Muthoot Finance Ltd’s net profit jumped 17.01% since last year same period to ₹1,139.07Cr in the Q4 2023-2024. On a quarterly growth basis, Muthoot Finance Ltd has generated 3.22% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Muthoot Finance Ltd Dividends May,2024

    In the quarter ending March 2024, Muthoot Finance Ltd has declared dividend of ₹24 - translating a dividend yield of 1.30%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Muthoot Finance Ltd is currently in a Bullish trading position according to technical analysis indicators.

Frequently Asked Questions

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Muthoot Finance Ltd (MUTHOOTFIN) share price today is ₹1841.25

Muthoot Finance Ltd is listed on NSE

Muthoot Finance Ltd is listed on BSE

  • Today’s highest price of Muthoot Finance Ltd is ₹1850.
  • Today’s lowest price of Muthoot Finance Ltd is ₹1811.45.

PE Ratio of Muthoot Finance Ltd is 17.09

PE ratio = Muthoot Finance Ltd Market price per share / Muthoot Finance Ltd Earnings per share

Today’s traded volume of Muthoot Finance Ltd(MUTHOOTFIN) is 3.51L.

Today’s market capitalisation of Muthoot Finance Ltd(MUTHOOTFIN) is ₹74196.55Cr.

Muthoot Finance Ltd(MUTHOOTFINPrice
52 Week High
₹1885.95
52 Week Low
₹1182.35

Muthoot Finance Ltd(MUTHOOTFIN) share price is ₹1841.25. It is down -2.37% from its 52 Week High price of ₹1885.95

Muthoot Finance Ltd(MUTHOOTFIN) share price is ₹1841.25. It is up 55.73% from its 52 Week Low price of ₹1182.35

Muthoot Finance Ltd(MUTHOOTFINReturns
1 Day Returns
-6.9%
1 Month Returns
5.68%
3 Month Returns
12.19%
1 Year Returns
42.24%