Muthoot Microfin Limited

Microfinance company providing loans to women in multiple states across India.

1992 | Mumbai, Maharashtra (India) | Active
Last Updated: January 10, 2024

Muthoot Microfin Profile

Key Indicators

  • Authorised Capital ₹ 250.00 Cr
  • Paid Up Capital ₹ 144.36 Cr
  • Company Age 32 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10,191.57 Cr
  • Satisfied Charges ₹ 7,012.33 Cr
  • Revenue Growth 71.58%
  • Profit Growth 245.77%
  • Ebitda 85.24%
  • Net Worth 21.64%
  • Total Assets 52.54%

About Muthoot Microfin

Muthoot Microfin Limited (MML) is a leading Public Limited Indian Non-Government Company incorporated in India on 06 April 1992 and has a history of 32 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Panchratna Stock And Investment Consultancy Services Private Limited. The Company is engaged in the Finance And Insurance 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 250.00 Cr and a paid-up capital of Rs 144.36 Cr.

The company currently has active open charges totaling ₹10,191.57 Cr. The company has closed loans amounting to ₹7,012.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Muthoot Microfin Limited India are Sadaf Sayeed as Ceo, Neethu Ajay as Company Secretary, and Thoroppady Praveen as Cfo. Thai Vijayan, Alok Prasad, Anand Raghavan, and Seven other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U65190MH1992PLC066228

  • Company No.

    066228

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Apr 1992

  • Date of AGM

    14 Jun 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Finance and Insurance

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

Executive Team (4)

NameDesignationAppointment DateStatus
Thomas Muthoot Country flag representing In Managing Director23-Jan-2012Current
Sadaf Sayeed Country flag representing In CEO01-Aug-2015Current
Neethu Ajay Country flag representing In Company Secretary13-Feb-2014Current
Thoroppady Praveen Country flag representing In CFO26-Dec-2016Current

Board Members (9)

NameDesignationAppointment DateStatus
John Day Country flag representing Us Director 20-Dec-2022Current
Pushpy Muricken Country flag representing In Director 31-Mar-2018Current
Bhama Krishnamurthy Country flag representing In Director 15-May-2018Current
Akshaya Prasad Country flag representing Io Director 06-Dec-2021Current
Thai Vijayan Country flag representing In Director 15-May-2018Current
Alok Prasad Country flag representing In Additional Director 10-May-2017Current

Financial Performance of Muthoot Microfin.

Muthoot Microfin Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 71.58% increase. The company also saw a substantial improvement in profitability, with a 245.77% increase in profit. The company's net worth Soared by an impressive increase of 21.64%.

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
71.58%
Revenue from Operations
71.62%
Total Assets
52.54%
Profit or Loss
245.77%
Net Worth
21.64%
EBITDA
85.24%

What is the Ownership and Shareholding Structure of Muthoot Microfin?

In 2023, Muthoot Microfin had a promoter holding of 85.35% and a public holding of 14.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10,191.57 Cr

Satisfied Charges

₹7,012.33 Cr

Charges Breakdown by Lending Institutions

  • Others : 6614.07 Cr
  • State Bank Of India : 1000.00 Cr
  • Sidbi : 700.00 Cr
  • Axis Bank Limited : 575.00 Cr
  • Standard Chartered Bank : 297.50 Cr
  • Others : 1005.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Dec 2023Others₹200.00 CrOpen
27 Nov 2023Others₹50.00 CrOpen
27 Nov 2023Karnataka Bank Ltd.₹50.00 CrOpen
24 Nov 2023Others₹50.00 CrOpen
31 Oct 2023Others₹14.76 CrOpen

How Many Employees Work at Muthoot Microfin?

Muthoot Microfin has a workforce of 12614 employees as of Apr 07, 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 Microfin, 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 Microfin'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 Microfin

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 200.00 Cr with Charge ID 100837727 was registered on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge registered on 25 Jan 2021 via Charge ID 100411318 with Karnataka Bank Ltd. was fully satisfied on 27 Dec 2023.

    27 Dec 2023

  • Charges

    A charge registered on 16 Dec 2021 via Charge ID 100515617 with Axis Bank Limited was fully satisfied on 20 Dec 2023.

    20 Dec 2023

  • Charges

    A charge registered on 02 Dec 2021 via Charge ID 100515601 with Others was fully satisfied on 02 Dec 2023.

    02 Dec 2023

  • Charges

    A charge registered on 29 Jun 2022 via Charge ID 100589819 with Others was fully satisfied on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100822576 was registered on 27 Nov 2023.

    27 Nov 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Muthoot Microfin Limited was incorporated on 06 Apr 1992.

  • The authorized share capital of Muthoot Microfin Limited is ₹ 250.00 Cr and paid-up capital is ₹ 144.36 Cr.

  • Currently 13 directors are associated with Muthoot Microfin Limited.

    • Thai Salas Vijayan
    • Alok Prasad
    • Anand Raghavan
    • Bhama Krishnamurthy
    • John Tyler Day
    • Sadaf Sayeed
    • Neethu Ajay
    • Thoroppady Praveen
    • Pushpy B Muricken
    • Akshaya Prasad
    • Thomas Muthoot
    • Thomas John Muthoot
    • Thomas George Muthoot
  • As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Microfin Limited is 13Th Floor Parinee Crescenzo, Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India, 400051.

  • The corporate identification number (CIN) of Muthoot Microfin Limited is U65190MH1992PLC066228 and the company number is 066228 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Muthoot Microfin Limited is https://www.muthootmicrofin.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Muthoot Microfin Limited has risen by 71.58%.

  • As Per 2023 financial reports, 12614 employees are currently employed by Muthoot Microfin Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Muthoot Microfin Limited has experienced an upsurge of 21.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Muthoot Microfin Limited amount to ₹ 10,191.57 Cr.

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

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