Muthoot Finance's asset quality poses no significant concern, analysts
Analysts at Motilal Oswal expect Muthoot Finance to deliver 15% loan growth over the medium term. With an AA+ rating, cost of funds is likely to decline further in coming quarters. This should mitigate yield pressures, if any
Trade Spotlight | What should you do with UltraTech Cement, Chalet Hotels, and Muthoot Finance now?
Here's what Vikas Jain of Reliance Securities, recommends investors should do with these stocks when the market resumes trading today.
Earnings Call for Q2FY22 of Muthoot Finance
Conference Call with Muthoot Finance Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.
MUTHOOT FINANCE LTD. - 533398 - Report Under Regulation 10(7) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.
We are submitting herewith the Report filed by Mr. George Alexander (Jr.) and Mr. Eapen Alexander under Regulation 10(7) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, in respect of inter-se acquisition of equity shares.
Muthoot Finance Net Profit Rises 8% To Rs 1,002 Crore In September Quarter
Muthoot Finance Q2 Results: The Kerala-based lender's consolidated loan assets under management increased five per cent on a sequential basis to Rs 60,919 crore. Muthoot Finance Ltd - 533398 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper Advertisement of Unaudited Financial Results for the Quarter and Half Year ended September 30, 2021. Q2FY22 Quarterly Result Announced for Muthoot Finance Ltd.
Highlights: Consolidated Loan Assets Under Management increased to Rs.60,919 crores, up by 17% YoY for H1 FY22 Consolidated Profit after Tax increased to Rs.1,981 crores, up by 11% YoY for H1 FY22 Standalone Loan Assets Under Management increased to Rs.55,147 crores for H1 FY22, up by 17% YoY Standalone Profit after tax increased to Rs.1,965 crores for H1 FY22 , up by 13% YoY Muthoot Finance Ltd Consolidated Loan Assets under management grew 17% YoY to Rs. 60,919 crores as at H1FY22 as against Rs.52,286 crores last year. During the quarter, Consolidated Loan Assets under management increased by Rs.2,784crores ie. an increase of 5% QoQ. Consolidated Profit after tax for H1FY22 grew 11% YoY to Rs. 1,981 crores as against Rs.1,788 crores last year. While commenting on the results George Jacob Muthoot, Chairman, Muthoot Group said, “As second wave of the pandemic has ebbed and economy further unlocks, corporate India has emerged stronger and better. We were able to maintain growth momentum during the quarter with all of our branches now open for business. Our consolidated loan AUM stood at Rs.60,919 crores as of end September 2021, clocking a growth of 5% QoQ and a growth of 17% YoY despite a challenging business environment. Consolidated Profit after tax stood at Rs.1,981 crores for the half year ended September 2021, registering a growth of 11% YoY. The contribution of our subsidiaries to the overall consolidated AUM stands steady at 10%. As a responsible NBFC, we have been consistently working towards an overall growth strategy focusing on governance, performance and ESG framework.” George Alexander Muthoot, Managing Director, Muthoot Finance said, “The demand environment remains strong and as we enter the festive season we remain optimistic about growth momentum in gold loan over the second half of FY22. We are optimistic about growing our gold loan book further and maintain 15% growth guidance for FY22. We are witnessing improved collections across Micro finance, vehicle finance and home loans. In the last quarter we had consciously decided to go slow on non-gold lending business, we continue to remain conscious and monitor the space for emerging opportunities. We will continue to follow the strategy of balanced growth while maintaining overall asset quality.” Result PDF
Muthoot Finance's Q2 standalone net profit rises 11% to Rs 994 cr
The gold loan company also reported that its loan assets rose to Rs 55,147 crore as compared to Rs 47,016 crore in Q2FY21 Muthoot Finance Ltd - 533398 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Board of Directors of the Company at their meeting held today i.e., November 04, 2021 has announced the Unaudited Financial Results for the quarter ended September 30, 2021. We herewith enclose a copy of Press Release proposed to be released in leading newspapers across the country. Muthoot Finance Ltd - 533398 - Announcement under Regulation 30 (LODR)-Investor Presentation
We herewith enclose a copy of the investor presentation for the quarter ended September 30, 2021.