Muthoot Finance Limited

Leading Indian NBFC specializing in gold loans and other financial services for individuals and businesses.

1997 | Ernakulam, Kerala (India) | Active
Last Updated: November 16, 2024

Muthoot Finance Profile

Key Indicators

  • Authorised Capital ₹ 950.00 Cr
  • Paid Up Capital ₹ 401.46 Cr
  • Company Age 27 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 124,377.33 Cr
  • Satisfied Charges ₹ 46,271.20 Cr
  • Revenue Growth -5.00%
  • Profit Growth -12.16%
  • Ebitda -8.43%
  • Net Worth 14.81%
  • Total Assets 2.93%

About Muthoot Finance

Muthoot Finance Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 March 1997 and has a history of 27 years and ten months. Its registered office is in Ernakulam, Kerala, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 533398 and on the National Stock Exchange(NSE) under MUTHOOTFIN.

The Corporate was formerly known as Muthoot Finance Private Limited. The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 950.00 Cr and a paid-up capital of Rs 401.46 Cr.

The company currently has active open charges totaling ₹124,377.33 Cr. The company has closed loans amounting to ₹46,271.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Muthoot Finance Limited India are Rajesh A as COMPANY SECRETARY and Oommen Mammen as Cfo. George Muthoot, George Muthoot, George Muthoot, and Eleven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L65910KL1997PLC011300

  • Company No.

    011300

  • Stock Symbol

    BSE : 533398 NSE : MUTHOOTFIN

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

What products or services does Muthoot Finance Limited offer?

Muthoot Finance Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Fund Management Services, Business Planning and Management, Business Consultant, Health Care Service, Software Development Services, Customized Software Solution, Business Auditing & Valuation, Foreign Exchange, Branding & Advertising Agencies.

Who are the key members and board of directors at Muthoot Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
George Muthoot Country flag representing In Managing Director20-Nov-2006Current
Rajesh A Country flag representing In Company Secretary28-Sep-2019Current
Oommen Mammen Country flag representing In CFO11-Aug-2014Current

Board Members (13)

NameDesignationAppointment DateStatus
Vadakkakara George Country flag representing In Director 28-Sep-2019Current
Usha Sunny Country flag representing In Director 30-Nov-2020Current
Ravindra Pisharody Country flag representing In Director 28-Sep-2019Current
Jose Mathew Country flag representing In Director 20-Sep-2017Current
George Muthoot Country flag representing In Whole-Time Director 16-Aug-2005Current
George Jacob Country flag representing In Whole-Time Director 15-Dec-2021Current

Financial Performance of Muthoot Finance.

Muthoot Finance Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 5% decrease. The company also saw a substantial fall in profitability, with a 12.16% decrease in profit. The company's net worth Soared by an impressive increase of 14.81%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-5.00%
Revenue from Operations
-5.12%
Total Assets
2.93%
Profit or Loss
-12.16%
Net Worth
14.81%
EBITDA
-8.43%

What is the Ownership and Shareholding Structure of Muthoot Finance?

In 2022, Muthoot Finance had a promoter holding of 27.63% and a public holding of 72.38%. The company had 6 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹124,377.33 Cr

Satisfied Charges

₹46,271.20 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 54616.18 Cr
  • Others : 23495.05 Cr
  • Joly Varghese : 12460.00 Cr
  • State Bank Of India : 8848.00 Cr
  • Hdfc Bank Limited : 8000.00 Cr
  • Others : 16958.10 Cr

Latest Charge Details

DateLenderAmountStatus
27 Sep 2024Others₹598.00 CrOpen
23 Sep 2024Others₹1,000.00 CrOpen
23 Sep 2024Others₹1,000.00 CrOpen
20 Sep 2024Others₹180.00 CrOpen
20 Sep 2024Others₹600.00 CrOpen

How Many Employees Work at Muthoot Finance?

Muthoot Finance has a workforce of 29113 employees as of Mar 30, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthoot Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Muthoot Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Muthoot Finance

Recent activity within the organization

  • Charges

    A charge registered on 21 Jun 2021 via Charge ID 100452260 with Indian Bank was fully satisfied on 01 Nov 2024.

    01 Nov 2024

  • Charges

    A charge registered on 22 Aug 2023 via Charge ID 100772965 with Others was fully satisfied on 22 Oct 2024.

    22 Oct 2024

  • Annual General Meeting

    Muthoot Finance Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Charges

    A charge with Others amounted to Rs. 598.00 Cr with Charge ID 100994267 was registered on 27 Sep 2024.

    27 Sep 2024

  • Charges

    A charge registered on 04 Sep 2021 via Charge ID 100482673 with Others was fully satisfied on 25 Sep 2024.

    25 Sep 2024

  • Charges

    A charge registered on 27 Aug 2021 via Charge ID 100474570 with Others was fully satisfied on 25 Sep 2024.

    25 Sep 2024

Frequently asked questions

  • Muthoot Finance Limited was incorporated on 14 Mar 1997.

  • The authorized share capital of Muthoot Finance Limited is ₹ 950.00 Cr and paid-up capital is ₹ 401.46 Cr.

  • Currently 16 directors are associated with Muthoot Finance Limited.

    • George Alexander Muthoot
    • George Jacob Muthoot
    • George Thomas Muthoot
    • George Muthoot George
    • George Alexander
    • George Muthoot Jacob
    • Jose Mathew
    • Chamacheril Mohan Abraham
    • Alexander George
    • Vadakkakara Antony George
    • Ravindra Pisharody
    • Abraham Chacko
    • Usha Sunny
    • Joseph Korah
    • Rajesh A
    • Oommen K Mammen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Finance Limited is 2 Nd Floor Muthootchambers Opp Saritha Theatre Complex India, Ernakulam, Kerala, 682018.

  • The corporate identification number (CIN) of Muthoot Finance Limited is L65910KL1997PLC011300 and the company number is 011300 as per Ministry of Corporate Affairs (MCA).

  • Yes, Muthoot Finance Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MUTHOOTFIN.

  • The Official website of Muthoot Finance Limited is https://www.muthootfinance.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Muthoot Finance Limited has fallen by -5.00%.

  • As Per 2023 financial reports, 29113 employees are currently employed by Muthoot Finance Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Muthoot Finance Limited has experienced an upsurge of 14.81%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Muthoot Finance Limited amount to ₹ 124,377.33 Cr.

  • The most recent Balance Sheet for Muthoot Finance Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on NBFC