Muthoot Finance Ltd.
MUTHOOTFINFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 7 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20220601 | 2022-03-31 | no | |
| COVER_LETTER | 20220823 | 2022-06-30 | no | |
| COVER_LETTER | 20221118 | 2022-09-30 | no | |
| COVER_LETTER | 20230214 | 2022-12-31 | no | |
| COVER_LETTER | 20230525 | 2023-03-31 | no | |
| TRANSCRIPT | 20230822 | 2023-06-30 | yes | |
| COVER_LETTER | 20231116 | 2023-09-30 | no | |
| TRANSCRIPT | 20240220 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240605 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240821 | 2024-06-30 | yes | |
| TRANSCRIPT | 20241120 | 2024-09-30 | yes | |
| TRANSCRIPT | 20250218 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250517 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250819 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251118 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260218 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260520 | 2026-03-31 | yes | |
| DUPLICATE | 20260520 | 2026-03-31 | no |
MUTHOOTFIN
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 2,825.30 |
| 52-week range | 2722.3 – 4091.7 |
| Return 1M | -11.74% |
| Return 3M | -6.62% |
| Return 1Y | -8.52% |
| Return 3Y | 124.01% |
| Return 5Y | 87.72% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 8,672.00 |
| Other income | 23.00 |
| Total income | 8,695.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 738.00 |
| Finance costs | 3,458.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.73 | 0.00 |
| institutions foreign | 0.12 | -0.01 |
| institutions domestic | 0.11 | 0.00 |
| mutual funds | 0.10 | 0.01 |
| public | 0.27 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2023-09-30 | 6 |
| DUPLICATE | 2026-03-31 | 1 |
| TRANSCRIPT | 2026-03-31 | 11 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,825.00 | 3,010.00 | 3,275.00 | 3,472.00 | 3,606.00 | 3,820.00 | 4,164.00 | 4,474.00 | 4,929.00 | 5,190.00 | 5,622.00 | 6,450.00 | 7,283.00 | 8,188.00 | 9,289.00 | 8,672.00 |
| Other income | 17.00 | 21.00 | 23.00 | 37.00 | 26.00 | 23.00 | 16.00 | 19.00 | 29.00 | 32.00 | 31.00 | 35.00 | 50.00 | 52.00 | 3.00 | 23.00 |
| Total income | 2,842.00 | 3,030.00 | 3,298.00 | 3,509.00 | 3,632.00 | 3,843.00 | 4,179.00 | 4,492.00 | 4,957.00 | 5,222.00 | 5,653.00 | 6,485.00 | 7,333.00 | 8,239.00 | 9,291.00 | 8,695.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 342.00 | 351.00 | 450.00 | 427.00 | 422.00 | 437.00 | 542.00 | 518.00 | 530.00 | 580.00 | 697.00 | 696.00 | 727.00 | 785.00 | 583.00 | 738.00 |
| Finance costs | 1,021.00 | 1,047.00 | 1,091.00 | 1,236.00 | 1,335.00 | 1,412.00 | 1,447.00 | 1,595.00 | 1,807.00 | 1,900.00 | 2,111.00 | 2,355.00 | 2,571.00 | 2,919.00 | 3,155.00 | 3,458.00 |
| Depreciation and amortisation | 18.00 | 20.00 | 23.00 | 19.00 | 22.00 | 24.00 | 27.00 | 26.00 | 25.00 | 31.00 | 35.00 | 35.00 | 38.00 | 40.00 | 24.00 | 31.00 |
| Other expenses | 212.00 | 244.00 | 291.00 | 261.00 | 302.00 | 329.00 | 370.00 | 334.00 | 374.00 | 398.00 | 464.00 | 414.00 | 457.00 | 456.00 | 677.00 | 548.00 |
| Total expenses | 1,635.00 | 1,781.00 | 1,943.00 | 2,102.00 | 2,162.00 | 2,308.00 | 2,594.00 | 2,847.00 | 3,156.00 | 3,335.00 | 3,721.00 | 3,831.00 | 4,088.00 | 4,417.00 | 4,707.00 | 4,898.00 |
| Profit before exceptional items and tax | 1,207.00 | 1,249.00 | 1,355.00 | 1,407.00 | 1,470.00 | 1,534.00 | 1,585.00 | 1,646.00 | 1,802.00 | 1,886.00 | 1,932.00 | 2,654.00 | 3,244.00 | 3,822.00 | 4,584.00 | 3,797.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,207.00 | 1,249.00 | 1,355.00 | 1,407.00 | 1,470.00 | 1,534.00 | 1,585.00 | 1,646.00 | 1,802.00 | 1,886.00 | 1,932.00 | 2,654.00 | 3,244.00 | 3,822.00 | 4,584.00 | 3,797.00 |
| Current tax | 314.00 | 315.00 | 301.00 | 377.00 | 385.00 | 401.00 | 417.00 | 488.00 | 498.00 | 470.00 | 525.00 | 747.00 | 825.00 | 985.00 | 1,218.00 | 928.00 |
| Deferred tax | -9.00 | -0.00 | 45.00 | -15.00 | -10.00 | -12.00 | -14.00 | -38.00 | -17.00 | 24.00 | -37.00 | -67.00 | 7.00 | 14.00 | -31.00 | 44.00 |
| Tax expense | 305.00 | 315.00 | 346.00 | 362.00 | 375.00 | 389.00 | 403.00 | 450.00 | 481.00 | 495.00 | 488.00 | 680.00 | 833.00 | 999.00 | 1,187.00 | 972.00 |
| Profit for the period | 902.00 | 934.00 | 1,009.00 | 1,045.00 | 1,095.00 | 1,145.00 | 1,182.00 | 1,196.00 | 1,321.00 | 1,392.00 | 1,444.00 | 1,974.00 | 2,412.00 | 2,823.00 | 3,397.00 | 2,825.00 |
| Profit attributable to owners | 892.00 | 928.00 | 973.00 | 1,022.00 | 1,060.00 | 1,104.00 | 1,139.00 | 1,164.00 | 1,272.00 | 1,389.00 | 1,478.00 | 2,016.00 | 2,421.00 | 2,804.00 | 3,349.00 | 2,799.00 |
| Profit attributable to non-controlling interests | 10.00 | 6.00 | 36.00 | 23.00 | 36.00 | 42.00 | 43.00 | 32.00 | 50.00 | 2.00 | -34.00 | -42.00 | -9.00 | 19.00 | 48.00 | 26.00 |
| Other comprehensive income | 39.00 | 9.00 | 25.00 | 29.00 | 8.00 | 31.00 | 2.00 | -27.00 | 55.00 | -42.00 | -73.00 | 15.00 | 44.00 | 0.00 | 159.00 | -126.00 |
| Total comprehensive income | 940.00 | 943.00 | 1,035.00 | 1,073.00 | 1,104.00 | 1,176.00 | 1,185.00 | 1,169.00 | 1,377.00 | 1,350.00 | 1,371.00 | 1,989.00 | 2,456.00 | 2,824.00 | 3,556.00 | 2,699.00 |
| Earnings per share, basic | 22.22 | 23.11 | 24.25 | 25.46 | 26.39 | 27.49 | 28.37 | 28.99 | 31.67 | 35.36 | 36.81 | 50.22 | 60.29 | 69.84 | 83.43 | 69.72 |
| Earnings per share, diluted | 22.22 | 23.11 | 24.25 | 25.46 | 26.39 | 27.49 | 28.37 | 28.99 | 31.67 | 35.36 | 36.81 | 50.22 | 60.30 | 69.84 | 83.43 | 69.72 |
| Interest earned | 2,758.00 | 2,933.00 | 3,134.00 | 3,378.00 | 3,505.00 | 3,683.00 | 3,979.00 | 4,348.00 | 4,781.00 | 5,067.00 | 5,466.00 | 6,288.00 | 7,091.00 | 7,983.00 | 9,009.00 | 8,557.00 |
| Fees and commission income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net gain on fair value changes | 4.00 | 23.00 | 20.00 | 21.00 | 10.00 | 10.00 | 23.00 | 30.00 | 23.00 | 32.00 | 43.00 | 71.00 | 75.00 | 72.00 | 60.00 | 26.00 |
| Dividend income | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 4.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 0.00 | 3.00 | 1.00 | 0.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 9,684.00 | 11,531.00 | 12,185.00 | 11,898.00 | 15,062.00 | 20,214.00 | 31,209.00 |
| Other income | 23.00 | 36.00 | 53.00 | 77.00 | 101.00 | 110.00 | 54.00 |
| Total income | 9,707.00 | 11,566.00 | 12,237.00 | 11,975.00 | 15,163.00 | 20,324.00 | 31,263.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 1,208.00 | 1,189.00 | 1,239.00 | 1,488.00 | 1,828.00 | 2,325.00 | 2,791.00 |
| Finance costs | 3,173.00 | 4,100.00 | 4,256.00 | 4,209.00 | 5,430.00 | 7,412.00 | 11,000.00 |
| Depreciation and amortisation | 59.00 | 67.00 | 70.00 | 78.00 | 92.00 | 116.00 | 137.00 |
| Other expenses | 819.00 | 823.00 | 875.00 | 1,035.00 | 1,262.00 | 1,570.00 | 2,004.00 |
| Total expenses | 5,447.00 | 6,435.00 | 6,827.00 | 7,052.00 | 9,166.00 | 13,058.00 | 16,959.00 |
| Profit before exceptional items and tax | 4,260.00 | 5,131.00 | 5,410.00 | 4,923.00 | 5,997.00 | 7,266.00 | 14,305.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 4,260.00 | 5,131.00 | 5,410.00 | 4,923.00 | 5,997.00 | 7,266.00 | 14,305.00 |
| Current tax | 1,078.00 | 1,335.00 | 1,410.00 | 1,224.00 | 1,580.00 | 1,981.00 | 3,775.00 |
| Deferred tax | 14.00 | -23.00 | -32.00 | 29.00 | -51.00 | -67.00 | -77.00 |
| Tax expense | 1,092.00 | 1,313.00 | 1,379.00 | 1,253.00 | 1,529.00 | 1,914.00 | 3,698.00 |
| Profit for the period | 3,169.00 | 3,819.00 | 4,031.00 | 3,670.00 | 4,468.00 | 5,352.00 | 10,607.00 |
| Profit attributable to owners | 3,138.00 | 3,804.00 | 4,017.00 | 3,612.00 | 4,324.00 | 5,333.00 | 10,590.00 |
| Profit attributable to non-controlling interests | 30.00 | 14.00 | 15.00 | 57.00 | 143.00 | 19.00 | 17.00 |
| Other comprehensive income | 59.00 | -62.00 | -78.00 | 43.00 | 70.00 | -86.00 | 219.00 |
| Total comprehensive income | 3,227.00 | 3,757.00 | 3,953.00 | 3,713.00 | 4,538.00 | 5,266.00 | 10,825.00 |
| Earnings per share, basic | 78.30 | 94.84 | 100.10 | 89.99 | 107.72 | 132.84 | 263.79 |
| Earnings per share, diluted | 78.20 | 94.76 | 100.05 | 89.98 | 107.71 | 132.83 | 263.79 |
| Interest earned | 9,418.00 | 11,232.00 | — | 11,556.00 | 14,546.00 | 19,663.00 | 30,371.00 |
| Fees and commission income | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Net gain on fair value changes | 74.00 | 165.00 | — | 52.00 | 64.00 | 128.00 | 278.00 |
| Dividend income | 1.00 | 0.00 | — | 1.00 | 5.00 | 2.00 | 4.00 |
| Rental income | 0.00 | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 73,750.00 | 80,149.00 | 88,085.00 | 96,469.00 | 112,781.00 | 132,860.00 | 160,749.00 | 195,754.00 |
| Property, plant and equipment | 290.00 | 327.00 | 338.00 | 426.00 | 458.00 | 621.00 | 611.00 | 655.00 |
| Capital work-in-progress | 90.00 | 67.00 | 83.00 | 88.00 | 101.00 | 13.00 | 10.00 | 10.00 |
| Goodwill | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 | 30.00 |
| Other intangible assets | 5.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 4.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 6,431.00 | 7,770.00 | 6,834.00 | 6,037.00 | 7,407.00 | 8,167.00 | 7,967.00 | 12,614.00 |
| Total equity and liabilities | 73,750.00 | 80,149.00 | 88,085.00 | 96,469.00 | 112,781.00 | 132,860.00 | 160,749.00 | 195,754.00 |
| Equity | 20,175.00 | 22,153.00 | 23,402.00 | 25,754.00 | 27,273.00 | 29,993.00 | 33,395.00 | 39,774.00 |
| Equity share capital | 401.00 | 401.00 | 401.00 | 401.00 | 401.00 | 401.00 | 401.00 | 401.00 |
| Other equity | 19,331.00 | 21,264.00 | 22,481.00 | 24,706.00 | 26,214.00 | 28,965.00 | 32,417.00 | 38,729.00 |
| Total liabilities | 53,575.00 | — | — | — | — | 102,866.00 | 127,354.00 | 155,980.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 2,390.00 | -2,804.00 | -6,538.00 | -13,754.00 | -11,314.00 | -26,376.00 | -20,101.00 | -47,393.00 |
| Net cash from investing activities | -1,603.00 | 181.00 | -468.00 | -47.00 | -560.00 | 1,791.00 | -2,505.00 | 2,458.00 |
| Net cash from financing activities | -4,368.00 | 395.00 | 6,110.00 | 11,958.00 | 13,242.00 | 29,893.00 | 22,347.00 | 49,320.00 |
| Purchase of property, plant and equipment | 85.00 | 141.00 | 81.00 | 222.00 | 110.00 | 217.00 | 53.00 | 153.00 |
| Net increase in cash | -3,586.00 | -2,229.00 | -896.00 | -1,841.00 | 1,369.00 | 5,309.00 | -258.00 | 4,388.00 |
| con:CFO.BEFORE_TAX | 5,034.00 | 2,970.00 | -2,823.00 | -6,362.00 | -7,576.00 | -17,946.00 | -14,604.00 | -33,896.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 2,122.00 | 4,452.00 | 3,041.00 | 5,759.00 | 3,037.00 | 6,705.00 | 4,122.00 | 9,849.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 522.00 | 1,322.00 | 674.00 | 1,633.00 | 702.00 | 1,725.00 | 1,375.00 | 3,648.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 34.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | 1.00 | 1.00 | 0.00 | 2.00 | 0.00 | 1.00 | 1.00 | 2.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 73.35 | 73.35 | 73.35 | 73.35 | 73.35 | 73.35 | 73.35 | 73.35 | 73.35 | 73.35 | 0.73 | 0.73 | 0.73 | 0.73 |
| Domestic institutions | 12.66 | 13.73 | 14.65 | 14.60 | 14.71 | 14.55 | 13.31 | 12.99 | 11.74 | 12.21 | 0.11 | 0.11 | 0.10 | 0.11 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 10.24 | 0.09 | 0.09 | 0.09 | 0.10 |
| Insurance companies | 0.61 | 0.64 | 0.34 | 0.16 | 0.10 | 0.20 | 0.19 | 0.61 | 0.75 | 0.72 | 0.01 | 0.01 | 0.01 | 0.00 |
| Foreign institutions | 9.37 | 8.70 | 8.12 | 8.33 | 8.33 | 8.69 | 9.84 | 10.26 | 11.03 | 10.84 | 0.12 | 0.12 | 0.12 | 0.12 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | — | — | — | 0.00 |
| Public | 26.65 | 26.65 | 26.65 | 26.65 | 26.65 | 26.65 | 26.65 | 26.65 | 26.65 | 26.65 | 0.27 | 0.27 | 0.27 | 0.27 |
| Non-institutional | 4.62 | 4.22 | 3.89 | 3.72 | 3.60 | 3.42 | 3.50 | 3.40 | 3.88 | 3.60 | 0.04 | 0.04 | 0.04 | 0.04 |
| Shares outstanding | 401448231 | 401448891 | 401458041 | 401458976 | 401461676 | 401463891 | 401463891 | 401463891 | 401463891 | 401468476 | 401468476 | 401468476 | 401468476 | 401468476 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| MUTHOOT FINANCE LTD | HOLDING COMPANY | Inter-corporate deposit | 6,150,000,000.00 | 5 |
| George Thomas Muthoot | Wholetime Director | Any other transaction, Dividend paid, Interest paid, | 4,095,960,000.00 | 7 |
| George Jacob Muthoot | Chairman & Whole time Director | Any other transaction, Dividend paid, Interest paid, | 3,526,770,000.00 | 6 |
| Susan Thomas | Relative of KMP | Any other transaction, Dividend paid, Interest paid, | 2,987,560,000.00 | 5 |
| George Alexander Muthoot | Managing Director | Dividend paid, Interest paid, Loan, Remuneration | 2,476,200,000.00 | 5 |
| George Muthoot Jacob | Wholetime Director | Any other transaction, Dividend paid, Interest paid, | 1,656,690,000.00 | 6 |
| Sara George | Relative of KMP | Any other transaction, Dividend paid, Interest paid, | 1,635,140,000.00 | 6 |
| Anna Alexander | Relative of KMP | Any other transaction, Dividend paid, Interest paid, | 1,560,770,000.00 | 5 |
| George Muthoot George | Wholetime Director | Any other transaction, Dividend paid, Interest paid, | 1,530,700,000.00 | 7 |
| Eapen Alexander | Relative of KMP | Any other transaction, Dividend paid, Interest paid, | 1,460,550,000.00 | 6 |
| George Alexander | Wholetime Director | Any other transaction, Dividend paid, Interest paid, | 1,435,640,000.00 | 6 |
| Elizabeth Jacob | Relative of KMP | Any other transaction, Dividend paid, Interest paid, | 1,388,940,000.00 | 6 |
| Alexander George | Wholetime Director | Any other transaction, Dividend paid, Interest paid, | 1,272,690,000.00 | 6 |
| SUSAN THOMAS | ADDITIONAL DIRECTOR | Loan | 1,100,000,000.00 | 1 |
| MUTHOOT INSURANCE BROKERS PVT LTD | FELLOW SUBSIDIARY | Any other transaction, Inter-corporate deposit, Inte | 893,570,000.00 | 4 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-05-20 | Q4FY26 | DIRECTOR, MUTHOOT FINANCE | Read the call |
| 2026-02-18 | Q3FY26 | FINANCE LIMITED, MUTHOOT FINANCE LIMITED, – MUTHOOT FINANCE LIMITED | Read the call |
| 2025-11-18 | Q2FY26 | DIRECTOR | Read the call |
| 2025-08-19 | Q1FY26 | DIRECTOR – MUTHOOT FINANCE, FINANCE, MUTHOOT FINANCE | Read the call |
| 2025-05-17 | Q4FY25 | DIRECTOR, MUTHOOT FINANCE LIMITED, GEORGE, MUTHOOT FINANCE LIMITED | Read the call |
| 2025-02-18 | Q3FY25 | MUTHOOT FINANCE LIMITED, Shreya Shivani:, – MUTHOOT FINANCE LIMITED | Read the call |
| 2024-11-20 | Q2FY25 | MUTHOOT FINANCE LIMITED, – MUTHOOT FINANCE LIMITED | Read the call |
| 2024-08-21 | Q1FY25 | Read the call | |
| 2024-06-05 | Q4FY24 | MUTHOOT FINANCE LIMITED, – MUTHOOT FINANCE LIMITED | Read the call |
| 2024-02-20 | Q3FY24 | DIRECTOR, MUTHOOT FINANCE LIMITED, EQUITIES | Read the call |
| 2023-08-22 | Q1FY24 | DIRECTOR, George A. Muthoot:, Nischint Chawathe: | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q2FY25 | Q2FY26 | Q3FY24 | Q3FY25 | Q3FY26 | Q4FY24 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|---|
| Capital allocation | And sir, there's been a significant uptick in new customer acquisition in the past two quarters. | — | So, my first question was pertaining to the new customer acquisition run rate. | — | — | I'm not talking about gold prices, but does the customer acquisition change in a big way or tonnage assumptions change going forward? | Muthoot Finance Ltd. May 14, 2025 Muthoot Finance has declared a dividend for the year, which is 260% on the face value, or Rs.26 per equity share. | Now, a few other highlights I would like to add here: Muthoot Finance declared the highest dividend of 300% or INR 30 per share and this is the 14th y… |
| Debt and cash | — | — | — | — | — | — | — | So, finally, this business is driven by his working capital funding requirement. |
| Demand | So there is a demand coming from all over the country, everywhere, it's not restricted to Northeast, West, etcetera. | — | If it is really going to dry us, like during the COVID, then there will be a big demand. | This was in tandem with the accelerated demand for gold loan, especially during the festive season. | This performance aligns with the accelerated demand for gold loan, especially evident during the festive season. | — | — | — |
| Guidance | On the back of these achievements, we wish to revise our earlier guidance for the financial year '25 on gold loan growth from the earlier committed 15… | So just lastly, on cost of funds, how much more benefit can we expect to see over the next 2-3 quarters? | See, we have given a guidance of 15% growth for the full year for the gold loan. | The guidance for 2026, as usual, we are giving only the usual 15% guidance for 2026 also. | And your next question is about the guidance. | We also take immense pride in achieving a loan growth of 20% as against the guidance of 15% in this financial year. | So regarding your question on the next year guidance, year-on-year we have always been giving a guidance of 15%. | So, I think generally we do not give a guidance on the margins and the profit. |
| Margin | — | — | — | — | So we have such a big margin that, that is one side of the price. | — | So my first question will be with gold loan AUM of 41% year-on-year and interest income rising 56%, is any structural like margin expansion in the FY2… | On slide 28, where you talk about the margin of safety on loans from the lender's perspective, the market price of the gold ornaments…In that chart, w… |
| People | So to answer your question, we have not seen any significant attrition, etcetera. | — | Attrition, maybe after the COVID, etc., or during the COVID, attrition was fine. | — | — | Do we fear any sort of customer attrition because of this? | — | And then the last question I had was on employee attrition. |
| Pricing | We didn't understand what happened to competition and pricing . | So given how years have been, what I'm trying to understand is the pricing discipline in gold loans is still very much there, right? | So, whenever the gold price increases, the LTV on the book definitely will come down from 75% to 70% to 68% to 60%. | Now I understand that the tonnage growth largely would have been attributable to the gold price, the underlying gold price hike. | There is nothing like a pricing strategy. | So when gold price increases, the tonnage definitely will come down -- will have to come down to because we can insist on more gold, etcetera. | So just trying to understand, I mean, if you could just explain the competitive landscape as well, is there enough for everyone or is the pie itself b… | And there was some increase in the pricing also in the last quarter. |
| Revenue growth | Growth of gold loan book, gradually, yes, of course, we had a setback due to the COVID. | So if I reduce 300 crores-350 crores from last quarter and this quarter's interest income, that interest income has still grown 14% versus loan growth… | So, first of all, the growth, we had guided for a growth of 15% in gold loan for the full year. | For Q3 financial year '25, our stand-alone assets under management witnessed a significant growth of INR26,305 crores driven by a robust 37% year-on-y… | Our standalone AUM has achieved a historic growth of INR50,000 crores, which is fuelled by the robust 50% year-on-year growth in the gold loan portfol… | — | Regarding the gold loan per se, the gold loan AUM of Muthoot Finance stands at Rs.1,02,956 crores which is certainly a historic moment for us since we… | But otherwise, commenting on the business, I will start with the gold loan business: We have the highest ever consolidated gold loan AUM of Muthoot Fi… |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2023-08-22 | Q1FY24 | George A. Muthoot: | We had given a guidance of 10% to 15% for the year, and I am sure we should be achieving that. |
| 2023-08-22 | Q1FY24 | George A. Muthoot: | In the housing side, in the housing finance, I think we have given a guidance of 1,800 crores to 1,900 crores by the end of the year. |
| 2024-02-20 | Q3FY24 | DIRECTOR, MUTHOOT FINANCE LIMITED | See, we have given a guidance of 15% growth for the full year for the gold loan. |
| 2024-02-20 | Q3FY24 | DIRECTOR, MUTHOOT FINANCE LIMITED | Going forward also, last several years, we have always been giving guidance of 15%. |
| 2024-02-20 | Q3FY24 | DIRECTOR, MUTHOOT FINANCE LIMITED | We have given a guidance of 15% for the year. |
| 2024-06-05 | Q4FY24 | MUTHOOT FINANCE LIMITED | We also take immense pride in achieving a loan growth of 20% as against the guidance of 15% in this financial year. |
| 2024-06-05 | Q4FY24 | MUTHOOT FINANCE LIMITED | And of course, as usual, we would give a guidance of 15% minimum guidance of growth in this year also. |
| 2024-06-05 | Q4FY24 | MUTHOOT FINANCE LIMITED | Last year, we gave a guidance of 15%, but we were able to achieve almost 20%. |
| 2024-06-05 | Q4FY24 | MUTHOOT FINANCE LIMITED | We are giving a guidance of 15%. |
| 2024-11-20 | Q2FY25 | MUTHOOT FINANCE LIMITED | On the back of these achievements, we wish to revise our earlier guidance for the financial year '25 on gold loan growth from the earlier committed 15% to 25% plus. |
| 2025-02-18 | Q3FY25 | MUTHOOT FINANCE LIMITED | The guidance for 2026, as usual, we are giving only the usual 15% guidance for 2026 also. |
| 2025-05-17 | Q4FY25 | DIRECTOR, MUTHOOT FINANCE LIMITED | So regarding your question on the next year guidance, year-on-year we have always been giving a guidance of 15%. |