Muthoot Fincorp Limited

Financial services company providing consumer loans, investment products, and advisory services to retail and institutional customers.

1997 | Thiruvananthapuram, Kerala (India) | Active
Last Updated: July 10, 2024

Muthoot Fincorp Profile

Key Indicators

  • Authorised Capital ₹ 425.00 Cr
  • Paid Up Capital ₹ 343.71 Cr
  • Company Age 27 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 25,337.83 Cr
  • Satisfied Charges ₹ 18,093.21 Cr
  • Revenue Growth 4.91%
  • Profit Growth 32.57%
  • Ebitda 2.78%
  • Net Worth 12.86%
  • Total Assets 3.47%

About Muthoot Fincorp

Muthoot Fincorp Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 10 June 1997 and has a history of 27 years and eight months. Its registered office is in Thiruvananthapuram, Kerala, India.

The Corporate was formerly known as Muthoot Debt Management Services 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 2023. It's a company limited by shares with an authorized capital of Rs 425.00 Cr and a paid-up capital of Rs 343.71 Cr.

The company currently has active open charges totaling ₹25,337.83 Cr. The company has closed loans amounting to ₹18,093.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Muthoot Fincorp Limited India are Sachu Sivas as COMPANY SECRETARY and Thomas Muthoot as Cfo. Anthony Thomas, Vikraman Ampalakkat, Preethi Muthoot, and Six other members serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    muthootfincorp.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65929KL1997PLC011518

  • Company No.

    011518

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Jun 1997

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

What products or services does Muthoot Fincorp Limited offer?

Muthoot Fincorp Limited offers a wide range of products and services, including Business Auditing & Valuation, Foreign Exchange, Travel Service, Business Loan, Corporate Loans Service, Home Loan, NRI Home Loan, Personal Loan, Gold Loans Services, Insurance Agents and Services.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Thomas Muthoot Country flag representing In CFO22-Sep-2014Current
Sachu Sivas Company Secretary02-Jun-2022Current
Thomas Muthoot Country flag representing In Managing Director01-Feb-2013Current

Board Members (7)

NameDesignationAppointment DateStatus
Anthony Thomas Country flag representing Us Director Current
Vikraman Ampalakkat Country flag representing In Director 21-Oct-2007Current
Preethi Muthoot Country flag representing In Additional Director 10-Jun-1997Current
Thomas Muthoot Country flag representing In Director 10-Jun-1997Current
Kurian Arattukulam Country flag representing In Director 30-Jan-2007Current
Badal Das Country flag representing In Director 01-Dec-2022Current

Financial Performance of Muthoot Fincorp.

Muthoot Fincorp Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 4.91% increase. The company also saw a substantial improvement in profitability, with a 32.57% increase in profit. The company's net worth Soared by an impressive increase of 12.86%.

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
4.91%
Revenue from Operations
4.31%
Total Assets
3.47%
Profit or Loss
32.57%
Net Worth
12.86%
EBITDA
2.78%

What is the Ownership and Shareholding Structure of Muthoot Fincorp?

In 2022, Muthoot Fincorp had a promoter holding of 79.69% and a public holding of 20.31%. The company had 3 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

₹25,337.83 Cr

Satisfied Charges

₹18,093.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 15296.42 Cr
  • Sbicap Trustee Company Limited : 4031.20 Cr
  • Canara Bank : 1400.00 Cr
  • Indian Bank : 1050.00 Cr
  • Uco Bank : 1050.00 Cr
  • Others : 2510.21 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jun 2024Others₹500.00 CrOpen
27 May 2024Others₹100.00 CrOpen
18 May 2024Indian Overseas Bank₹100.00 CrOpen
18 May 2024Indian Overseas Bank₹200.00 CrOpen
02 May 2024Others₹359.15 CrOpen

How Many Employees Work at Muthoot Fincorp?

Muthoot Fincorp has a workforce of 20496 employees as of Mar 22, 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 Fincorp, 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 Fincorp'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 Fincorp

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 500.00 Cr with Charge ID 100941685 was registered on 24 Jun 2024.

    24 Jun 2024

  • Charges

    A charge registered on 29 Jul 2021 via Charge ID 100470134 with Indian Bank was fully satisfied on 13 Jun 2024.

    13 Jun 2024

  • Charges

    A charge registered on 28 Apr 2022 via Charge ID 100570904 with Others was fully satisfied on 06 Jun 2024.

    06 Jun 2024

  • Charges

    A charge with Others amounted to Rs. 100.00 Cr with Charge ID 100928988 was registered on 27 May 2024.

    27 May 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 100.00 Cr with Charge ID 100928960 was registered on 18 May 2024.

    18 May 2024

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 200.00 Cr with Charge ID 100928963 was registered on 18 May 2024.

    18 May 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Muthoot Fincorp Limited was incorporated on 10 Jun 1997.

  • The authorized share capital of Muthoot Fincorp Limited is ₹ 425.00 Cr and paid-up capital is ₹ 343.71 Cr.

  • Currently 11 directors are associated with Muthoot Fincorp Limited.

    • Sachu Sivas
    • Thomas Muthoot
    • Anthony Abraham Thomas
    • Vikraman Ampalakkat
    • Preethi John Muthoot
    • Thomas Muthoot
    • Thomas John Muthoot
    • Thomas George Muthoot
    • Kurian Peter Arattukulam
    • Badal Chandra Das
    • Ravi Ramchandran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Fincorp Limited is Muthoot Centre, Tc No 27/ 3022 Punnen Road India, Thiruvananthapuram, Kerala, 695001.

  • The corporate identification number (CIN) of Muthoot Fincorp Limited is U65929KL1997PLC011518 and the company number is 011518 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Muthoot Fincorp Limited is https://www.muthootfincorp.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Muthoot Fincorp Limited has risen by 4.91%.

  • As Per 2023 financial reports, 20496 employees are currently employed by Muthoot Fincorp Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Muthoot Fincorp Limited has experienced an upsurge of 12.86%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Muthoot Fincorp Limited amount to ₹ 25,337.83 Cr.

  • The most recent Balance Sheet for Muthoot Fincorp Limited was filed with the ROC on 31 Mar 2023.

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