Muthoot Homefin (India) Limited

Provides housing loans to LMI segment with 24,000 customers.

2011 | Ernakulam, Kerala (India) | Active
Last Updated: July 02, 2024

Muthoot Homefin (India) Profile

Key Indicators

  • Authorised Capital ₹ 150.00 Cr
  • Paid Up Capital ₹ 119.16 Cr
  • Company Age 13 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,773.55 Cr
  • Satisfied Charges ₹ 1,370.00 Cr
  • Revenue Growth -27.55%
  • Profit Growth 23.73%
  • Ebitda -19.11%
  • Net Worth 2.32%
  • Total Assets -5.58%

About Muthoot Homefin (India)

Muthoot Homefin (India) Limited (MHIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 26 August 2011 and has a history of 13 years and five months. Its registered office is in Ernakulam, Kerala, India.

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 150.00 Cr and a paid-up capital of Rs 119.16 Cr.

The company currently has active open charges totaling ₹1,773.55 Cr. The company has closed loans amounting to ₹1,370.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Muthoot Homefin (India) Limited India are Alok Aggarwal as Ceo, Pandurang Kadam as Cfo, and Riya George as Company Secretary. George Muthoot, Anna Alexander, George Muthoot, and Five other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65922KL2011PLC029231

  • Company No.

    029231

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    26 Aug 2011

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Muthoot Homefin (India)?

Executive Team (3)

Name Designation Appointment Date Status
Alok Aggarwal CEO 02-Jan-2023 Current
Pandurang Kadam CFO 25-Jul-2018 Current
Riya George Company Secretary 07-Jan-2023 Current

Board Members (8)

Name Designation Appointment Date Status
Jose Kurian Country flag representing In Director 07-Sep-2015 Current
George Muthoot Country flag representing In Director 26-Aug-2011 Current
George Muthoot Country flag representing In Director 26-Aug-2011 Current
Anna Alexander Country flag representing In Director 25-Oct-2018 Current
Kuttickattu Bijimon Country flag representing In Director 30-Sep-2014 Current
James Chacko Country flag representing In Director 25-Jan-2019 Current

Financial Performance of Muthoot Homefin (India).

Muthoot Homefin (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.55% decrease. The company also saw a substantial improvement in profitability, with a 23.73% increase in profit. The company's net worth moved up by a moderate rise of 2.32%.

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
-27.55%
Revenue from Operations
-32.18%
Total Assets
-5.58%
Profit or Loss
23.73%
Net Worth
2.32%
EBITDA
-19.11%

What is the Ownership and Shareholding Structure of Muthoot Homefin (India)?

In 2021, Muthoot Homefin (India) had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,773.55 Cr

Satisfied Charges

₹1,370.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 1123.55 Cr
  • Hdfc Bank Limited : 310.00 Cr
  • Axis Bank Limited : 190.00 Cr
  • Uco Bank : 100.00 Cr
  • Standard Chartered Bank : 50.00 Cr

Latest Charge Details

Date Lender Amount Status
19 Dec 2023 Hdfc Bank Limited ₹100.00 Cr Open
05 Sep 2023 Others ₹50.00 Cr Open
27 Jun 2023 Hdfc Bank Limited ₹100.00 Cr Open
23 Jun 2023 Others ₹101.00 Cr Open
30 May 2023 Others ₹49.00 Cr Open

How Many Employees Work at Muthoot Homefin (India)?

Muthoot Homefin (India) has a workforce of 551 employees as of Apr 05, 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 Homefin (India), 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 Homefin (India)'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 Homefin (India)

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100836973 was registered on 19 Dec 2023.

    19 Dec 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 180.00 Cr registered on 19 Mar 2020 with Charge ID 100333646 was modified on 15 Dec 2023.

    15 Dec 2023

  • Charges

    A charge with Others of Rs. 50.00 Cr registered on 17 Feb 2023 with Charge ID 100682791 was modified on 20 Oct 2023.

    20 Oct 2023

  • Annual General Meeting

    Muthoot Homefin (India) Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100775328 was registered on 05 Sep 2023.

    05 Sep 2023

  • Charges

    A charge registered on 23 Jun 2020 via Charge ID 100379481 with Others was fully satisfied on 14 Jul 2023.

    14 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Muthoot Homefin (India) Limited was incorporated on 26 Aug 2011.

  • The authorized share capital of Muthoot Homefin (India) Limited is ₹ 150.00 Cr and paid-up capital is ₹ 119.16 Cr.

  • Currently 11 directors are associated with Muthoot Homefin (India) Limited.

    • George Alexander Muthoot
    • Anna Alexander
    • George Thomas Muthoot
    • Kuttickattu Rajappan Bijimon
    • James Vadakkedath Chacko
    • Eapen Alexander
    • Jose Kurian
    • Jacob Kottakuzhiyil Varghese
    • Alok Aggarwal
    • Pandurang Annarao Kadam
    • Riya Polakat George
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Homefin (India) Limited is Muthoot Chambers Kurians Tower, Banerji Road Ernakulam North, Cochin, Kerala, India, 682018.

  • The corporate identification number (CIN) of Muthoot Homefin (India) Limited is U65922KL2011PLC029231 and the company number is 029231 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Muthoot Homefin (India) Limited is https://www.muthoothomefin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Muthoot Homefin (India) Limited has fallen by -27.55%.

  • As Per 2023 financial reports, 551 employees are currently employed by Muthoot Homefin (India) Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Muthoot Homefin (India) Limited has experienced an upsurge of 2.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Muthoot Homefin (India) Limited amount to ₹ 1,773.55 Cr.

  • The most recent Balance Sheet for Muthoot Homefin (India) Limited was filed with the ROC on 31 Mar 2023.

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