Muthoot Forex Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 11.00 Cr
- Company Age 24 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 20.30 Cr
- Revenue Growth 29.76%
- Profit Growth 0.40%
- Ebitda 1000.78%
- Net Worth 10.62%
- Total Assets 11.23%
About Muthoot Forex
Muthoot Forex Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 September 2000 and has a history of 24 years and five months. Its registered office is in Ernakulam, Kerala, India.
The Corporate was formerly known as Muthoot Exchange Company 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 2023. It's a company limited by shares with an authorized capital of Rs 20.00 Cr and a paid-up capital of Rs 11.00 Cr.
The company has closed loans amounting to ₹20.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Muthoot Forex Limited India is Rajesh Saraswathy as CFO. George Muthoot, Anna Alexander, George Muthoot, and Four other members serve as directors at the Company.
Company Details
- Location
Ernakulam, Kerala, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U67190KL2000PLC014180
- Company No.
014180
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Sep 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ernakulam
Industry
What products or services does Muthoot Forex Limited offer?
Muthoot Forex Limited offers a wide range of products and services, including Career Guidance & Admission Services, Educational Services, Business Auditing & Valuation, Money Transfer Services.
Who are the key members and board of directors at Muthoot Forex?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rajesh Saraswathy | CFO | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
George Muthoot  | Director | 12-Dec-2007 | Current |
| George Muthoot | Director | 04-Sep-2000 | Current |
| Anna Alexander | Director | 04-Sep-2000 | Current |
| Elizabeth Jacob | Director | 30-Sep-2014 | Current |
| Manoj Jacob | Director | 30-Sep-2014 | Current |
| Kuttickattu Bijimon | Director | 30-Sep-2014 | Current |
Financial Performance of Muthoot Forex.
Muthoot Forex Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.76% increase. The company also saw a slight improvement in profitability, with a 0.4% increase in profit. The company's net worth Soared by an impressive increase of 10.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Muthoot Forex?
In 2022, Muthoot Forex had a promoter holding of 63.91% and a public holding of 36.09%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Mmg Holiday Homes Private LimitedElizabeth Jacob is a mutual person
Geem Marketing Services Private LimitedGeorge Muthoot and George Muthoot are mutual person
Mmg Developers Private LimitedAnna Alexander and George Muthoot are mutual person
Muthoot M George Institute Of TechnologyGeorge Muthoot and George Muthoot are mutual person
Mjbr Marketing And Financial Services Private LimitedManoj Jacob and Kuttickattu Bijimon are mutual person
Muthoot Trustee Private LimitedAnna Alexander is a mutual person
Charges (Loans)
₹0
₹20.30 Cr
Charges Breakdown by Lending Institutions
- Indusind Bank Limited : 10.00 Cr
- Others : 9.05 Cr
- Idbi Bank Ltd : 1.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2018 | Others | ₹9.05 Cr | Satisfied |
| 17 May 2014 | Indusind Bank Limited | ₹10.00 Cr | Satisfied |
| 11 Nov 2005 | Idbi Bank Ltd | ₹1.25 Cr | Satisfied |
How Many Employees Work at Muthoot Forex?
Muthoot Forex has a workforce of 114 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Muthoot Forex, 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 Forex's trajectory.
Rating
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
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.
