Muthoot Vehicle & Asset Finance Limited

NBFC providing vehicle financing and other financial services, part of Muthoot Finance Group.

1992 | Ernakulam, Kerala (India) | Active
Last Updated:

Muthoot Vehicle & Asset Finance Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 25.00 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 243.32 Cr
  • Satisfied Charges ₹ 461.75 Cr
  • Revenue Growth 13.25%
  • Profit Growth 267.16%
  • Ebitda 48.82%
  • Net Worth 17.09%
  • Total Assets 1.82%

About Muthoot Vehicle & Asset Finance

Muthoot Vehicle & Asset Finance Limited (MVAFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 08 June 1992 and has a history of 32 years and nine months. Its registered office is in Ernakulam, Kerala, India.

The Corporate was formerly known as Muthoot Leasing And Finance Ltd. 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 25.00 Cr and a paid-up capital of Rs 25.00 Cr.

The company currently has active open charges totaling ₹243.32 Cr. The company has closed loans amounting to ₹461.75 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Muthoot Vehicle & Asset Finance Limited India are Philip Thomas as Ceo, Geena Thomas as Cfo, and Nrithya Anand as Company Secretary. Kurian George, Govindakurup Ragesh, Thevalakkara Mathew, and One other member serve as directors at the Company.

Company Details

  • Location

    Ernakulam, Kerala, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65910KL1992PLC006544

  • Company No.

    006544

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jun 1992

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ernakulam

Industry

Financial Services

Who are the key members and board of directors at Muthoot Vehicle & Asset Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Philip Thomas CEO15-May-2023Current
Geena Thomas CFO22-Apr-2015Current
Nrithya Anand Company Secretary29-Feb-2024Current

Board Members (4)

NameDesignationAppointment DateStatus
Kurian George Country flag representing In Director 06-Aug-2019Current
Govindakurup Ragesh Country flag representing In Director 11-Aug-2021Current
Thevalakkara Mathew Country flag representing In Director 06-Aug-2019Current
Anna Alexander Country flag representing In Director 01-Apr-2005Current

Financial Performance of Muthoot Vehicle & Asset Finance.

Muthoot Vehicle & Asset Finance Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.25% increase. The company also saw a substantial improvement in profitability, with a 267.16% increase in profit. The company's net worth Soared by an impressive increase of 17.09%.

Muthoot Vehicle & Asset Finance revenue growth over time
Muthoot Vehicle & Asset Finance 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
13.25%
Revenue from Operations
-13.62%
Total Assets
1.82%
Profit or Loss
267.16%
Net Worth
17.09%
EBITDA
48.82%

What is the Ownership and Shareholding Structure of Muthoot Vehicle & Asset Finance?

In 2019, Muthoot Vehicle & Asset Finance had a promoter holding of 80.16% and a public holding of 19.84%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹243.32 Cr

Satisfied Charges

₹461.75 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 218.32 Cr
  • Hdfc Bank Limited : 15.00 Cr
  • Yes Bank Limited : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 Feb 2022Hdfc Bank Limited₹15.00 CrOpen
18 Mar 2020Idbi Trusteeship Services Limited₹200.00 CrOpen
08 May 2017Yes Bank Limited₹10.00 CrOpen
20 May 2009Idbi Trusteeship Services Limited₹18.32 CrOpen
13 Mar 2019Others₹1.32 CrSatisfied

How Many Employees Work at Muthoot Vehicle & Asset Finance?

Muthoot Vehicle & Asset Finance has a workforce of 382 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.

Employee growth trends for Muthoot Vehicle & Asset Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Muthoot Vehicle & Asset Finance, 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 Vehicle & Asset Finance'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 Vehicle & Asset Finance

Recent activity within the organization

  • Annual General Meeting

    Muthoot Vehicle & Asset Finance Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Yes Bank Limited of Rs. 10.00 Cr registered on 08 May 2017 with Charge ID 100103856 was modified on 30 Apr 2024.

  • Balance Sheet

    Muthoot Vehicle & Asset Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.

  • Director Appointment

    Nrithya Anand was appointed as a Company Secretary was appointed as a Company Secretary on 29 Feb 2024 & has been associated with this company since 1 year 1 month .

  • Director Appointment

    Philip Puthenpurackal Thomas was appointed as a Ceo was appointed as a Ceo on 15 May 2023 & has been associated with this company since 1 year 10 months .

  • Charges

    A charge registered on 16 Mar 2007 via Charge ID 10049450 with Idbi Bank Limited was fully satisfied on 07 Jan 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Muthoot Vehicle & Asset Finance Limited?

    Muthoot Vehicle & Asset Finance Limited was incorporated on 08 Jun 1992.

  • What is authorized share capital and paid-up capital of Muthoot Vehicle & Asset Finance Limited?

    The authorized share capital of Muthoot Vehicle & Asset Finance Limited is ₹ 25.00 Cr and paid-up capital is ₹ 25.00 Cr.

  • Who are the current board members & directors of Muthoot Vehicle & Asset Finance Limited?

    Currently 7 directors are associated with Muthoot Vehicle & Asset Finance Limited.

    • Kurian Chirathalattu George
    • Govindakurup Raveendrakurup Ragesh
    • Thevalakkara Thomas Mathew
    • Philip Puthenpurackal Thomas
    • Geena Thomas
    • Anna Alexander
    • Nrithya Anand

  • What is the registered address of Muthoot Vehicle & Asset Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Muthoot Vehicle & Asset Finance Limited is Muthoot Chambersopp Saritha Theatre Banerji Road Cochin India, Ernakulam, Kerala, 682018.

  • What is the corporate identification number (CIN) and company number of Muthoot Vehicle & Asset Finance Limited?

    The corporate identification number (CIN) of Muthoot Vehicle & Asset Finance Limited is U65910KL1992PLC006544 and the company number is 006544 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Muthoot Vehicle & Asset Finance Limited?

    The Official website of Muthoot Vehicle & Asset Finance Limited is https://www.mvafl.com

  • What has been the recent revenue trend for Muthoot Vehicle & Asset Finance Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Muthoot Vehicle & Asset Finance Limited has risen by 13.25%.

  • How many employees does Muthoot Vehicle & Asset Finance Limited currently have?

    As Per 2023 financial reports, 382 employees are currently employed by Muthoot Vehicle & Asset Finance Limited.

  • What change has been observed in the net worth of Muthoot Vehicle & Asset Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Muthoot Vehicle & Asset Finance Limited has experienced an upsurge of 17.09%.

  • What are the total open charges for Muthoot Vehicle & Asset Finance Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Muthoot Vehicle & Asset Finance Limited amount to ₹ 243.32 Cr.

  • When was the last Balance Sheet of Muthoot Vehicle & Asset Finance Limited filed with the ROC?

    The most recent Balance Sheet for Muthoot Vehicle & Asset Finance Limited was filed with the ROC on 31 Mar 2024.

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