Muthoot Mercantile Limited

NBFC providing loans against gold jewelry and domestic money transfer services, part of Muthoot Ninan Group.

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

Muthoot Mercantile Profile

Key Indicators

  • Authorised Capital ₹ 55.00 Cr
  • Paid Up Capital ₹ 36.42 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 799.85 Cr
  • Satisfied Charges ₹ 996.20 Cr
  • Revenue Growth 39.20%
  • Profit Growth 38.51%
  • Ebitda 59.09%
  • Net Worth 22.14%
  • Total Assets 31.75%

About Muthoot Mercantile

Muthoot Mercantile Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 March 1997 and has a history of 28 years and one month. Its registered office is in Thiruvananthapuram, 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 2024. It's a company limited by shares with an authorized capital of Rs 55.00 Cr and a paid-up capital of Rs 36.42 Cr.

The company currently has active open charges totaling ₹799.85 Cr. The company has closed loans amounting to ₹996.20 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Muthoot Mercantile Limited India are Rajeev Rohiniamha as CFO and Arunkumar Kalakumari as Company Secretary. Mathew Mathaininan, Richi Mathew, Ammini Mathew, and Three other members serve as directors at the Company.

Company Details

  • Location

    Thiruvananthapuram, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65921KL1997PLC011260

  • Company No.

    011260

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

What products or services does Muthoot Mercantile Limited offer?

Muthoot Mercantile Limited offers a wide range of products and services, including Corporate Finance & Leasing Advisors, Investment Service.

Company report

Muthoot Mercantile Limited

Explore comprehensive data for Muthoot Mercantile Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Richi Mathew Country flag representing In Managing Director13-Aug-2018Current
Rajeev Rohiniamha CFO17-Aug-2020Current
Arunkumar Kalakumari Company Secretary01-Apr-2025Current

Board Members (5)

NameDesignationAppointment DateStatus
Mathew Mathaininan Country flag representing In Whole-Time Director 15-Apr-2005Current
Ammini Mathew Country flag representing In Whole-Time Director 15-Jul-2007Current
Dillark Justin Country flag representing In Director 21-Oct-2022Current
Antony John Country flag representing In Director 26-Jun-2023Current
Asha Mathew Country flag representing In Director 22-Sep-2022Current

Financial Performance of Muthoot Mercantile.

Muthoot Mercantile Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 39.2% increase. The company also saw a substantial improvement in profitability, with a 38.51% increase in profit. The company's net worth Soared by an impressive increase of 22.14%.

Muthoot Mercantile revenue growth over time
Muthoot Mercantile 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
39.20%
Revenue from Operations
37.77%
Total Assets
31.75%
Profit or Loss
38.51%
Net Worth
22.14%
EBITDA
59.09%

What is the Ownership and Shareholding Structure of Muthoot Mercantile?

In 2024, Muthoot Mercantile 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

₹799.85 Cr

Satisfied Charges

₹996.20 Cr

Charges Breakdown by Lending Institutions

  • Others : 590.65 Cr
  • State Bank Of India : 175.00 Cr
  • The South Indian Bank Limited : 24.19 Cr
  • Indian Overseas Bank : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Mar 2025Others₹50.00 CrOpen
29 Jan 2025Others₹69.71 CrOpen
30 Oct 2024Others₹12.00 CrOpen
11 Sep 2024Others₹83.49 CrOpen
05 Sep 2024Others₹30.00 CrOpen

How Many Employees Work at Muthoot Mercantile?

Muthoot Mercantile has a workforce of 382 employees as of Apr 09, 2025. 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.

Employee growth trends for Muthoot Mercantile Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthoot Mercantile, 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 Mercantile'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 Mercantile

Recent activity within the organization

  • Director Appointment

    Arunkumar Vijayakumar Kalakumari was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2025 & has been associated with this company since 12 days .

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101067444 was registered on 28 Mar 2025.

  • Charges

    A charge with Others amounted to Rs. 69.71 Cr with Charge ID 101072345 was registered on 29 Jan 2025.

  • Charges

    A charge registered on 30 Nov 2019 via Charge ID 100317883 with Others was fully satisfied on 15 Jan 2025.

  • Charges

    A charge registered on 14 Sep 2022 via Charge ID 100612135 with Others was fully satisfied on 07 Jan 2025.

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 101005115 was registered on 30 Oct 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Muthoot Mercantile Limited?

    Muthoot Mercantile Limited was incorporated on 03 Mar 1997.

  • What is authorized share capital and paid-up capital of Muthoot Mercantile Limited?

    The authorized share capital of Muthoot Mercantile Limited is ₹ 55.00 Cr and paid-up capital is ₹ 36.42 Cr.

  • Who are the current board members & directors of Muthoot Mercantile Limited?

    Currently 8 directors are associated with Muthoot Mercantile Limited.

    • Mathew Mathaininan
    • Richi Mathew
    • Ammini Mathew
    • Dillark Justin
    • Antony Robert John
    • Rajeev Madhavannair Rohiniamha
    • Arunkumar Vijayakumar Kalakumari
    • Asha Richi Mathew

  • What is the registered address of Muthoot Mercantile Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Mercantile Limited is 1Stfloor Northblock Muthootfloors Oppositew Chospital Thycaud, India, Thiruvananthapuram, Kerala, 695014.

  • What is the corporate identification number (CIN) and company number of Muthoot Mercantile Limited?

    The corporate identification number (CIN) of Muthoot Mercantile Limited is U65921KL1997PLC011260 and the company number is 011260 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Muthoot Mercantile Limited?

    The Official website of Muthoot Mercantile Limited is https://www.muthootenterprises.com

  • What has been the recent revenue trend for Muthoot Mercantile Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Muthoot Mercantile Limited has risen by 39.20%.

  • How many employees does Muthoot Mercantile Limited currently have?

    As Per 2024 financial reports, 382 employees are currently employed by Muthoot Mercantile Limited.

  • What change has been observed in the net worth of Muthoot Mercantile Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Muthoot Mercantile Limited has experienced an upsurge of 22.14%.

  • What are the total open charges for Muthoot Mercantile Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Muthoot Mercantile Limited amount to ₹ 799.85 Cr.

  • When was the last Balance Sheet of Muthoot Mercantile Limited filed with the ROC?

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

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