Muthoot Microfin

₹226.3 3.8 | 1.7%

WEBSITE BSE:544055 NSE : MUTHOOTMF 10 May, 16:01

Market Cap ₹3857 Cr.

Stock P/E 8.3

P/B 1.4

Current Price ₹226.3

Book Value ₹ 164.5

Face Value 10

52W High ₹280.8

Dividend Yield 0%

52W Low ₹ 196.1

Edit Ratio

Muthoot Microfin Research see more...

Overview Inc. Year: 1992Industry: Finance - NBFC

Muthoot Microfin is a non-banking microfinance company or an NBFC that provides secured and unsecured loans to rural people in India. It was founded in 1992 as part of the Muthoot Pappachan Group.It has a presence in 18 states and 339 districts, with over 3 million customers and 10,867 crore assets under management. They offer several banking products and services such as income generating loans, dairy loans, sanitation loans, secured loans and provides skill training programs. Within 3 decades, It is the fourth largest NBFC-MFI in India and the third largest among NBFC-MFIs in South India.They aim to create a difference in the lives of rural India by helping them realize their entrepreneurial dreams and strives to be a socially responsible and environmentally friendly organization.

Muthoot Microfin Share Price

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Peer Comparison

Muthoot Microfin Quarterly Results

#(Fig in Cr.)	Dec 2022	Mar 2023	Dec 2023	Mar 2024
Operating Revenue	380	444	581	647
Other Income	3	4	4	7
Total Income	383	448	585	653
Total Expenditure	152	146	212	233
Operating Profit	231	302	373	421
Interest Expense	155	168	234	234
Depreciation	7	7	9	10
Profit Before Tax	70	126	130	177
Provision for Tax	13	32	5	58
Profit After Tax	57	95	125	120
Adjustments	0	0	0	0
Profit After Adjustments	57	95	125	120
Adjusted Earnings Per Share	4.9	8.1	7.3	7

Muthoot Microfin Profit & Loss

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Operating Revenue	0	52	244	503	714	860	684	833	1429	2052
Other Income	0	0	0	8	36	7	12	10	18	18
Total Income	0	52	244	511	750	867	696	843	1446	2069
Total Expenditure	1	16	104	285	243	543	369	417	658	743
Operating Profit	-0	36	140	226	507	324	327	426	788	1327
Interest Expense	0	21	82	189	234	291	299	340	549	791
Depreciation	0	0	1	2	3	14	19	21	27	33
Profit Before Tax	-0	15	57	35	271	20	9	65	213	503
Provision for Tax	-0	5	20	50	69	1	2	17	49	108
Profit After Tax	-0	9	37	-14	201	18	7	47	164	397
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-0	9	37	-14	201	18	7	47	164	397
Adjusted Earnings Per Share	0	1.6	4.4	-1.4	17.6	1.6	0.6	4.2	14	27.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	72%	18%	23%	0%
Operating Profit CAGR	85%	34%	28%	0%
PAT CAGR	249%	109%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	NA%	NA%
ROE Average	11%	5%	10%	11%
ROCE Average	11%	9%	11%	10%

Muthoot Microfin Balance Sheet

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	5	69	189	403	886	907	890	1337	1626
Minority's Interest	0	0	0	0	0	0	0	0	0
Borrowings	0	224	749	2013	2451	2921	3016	3997	6493
Current Liability	0	231	522	113	146	171	274	253	407
Other Liabilities & Provisions	-0	2	2	26	47	111	-5	0	-2
Total Liabilities	5	526	1462	2555	3530	4110	4174	5587	8523
Loans	0	432	992	1854	2699	2564	3293	4398	7027
Investments	0	0	0	0	0	0	0	0	63
Fixed Assets	0	2	7	13	21	109	110	121	172
Other Loans	0	1	3	1	0	7	4	8	9
Other Non Current Assets	0	17	57	2	7	1	1	2	19
Current Assets	5	75	402	685	803	1429	766	1058	1234
Total Assets	5	526	1462	2555	3530	4110	4174	5587	8523

Muthoot Microfin Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	5	5	48	316	571	670	1181	519	706
Cash Flow from Operating Activities	-0	-396	-469	-699	-602	114	-704	-1084	-2333
Cash Flow from Investing Activities	0	-29	-66	-12	-6	-65	-38	-74	-180
Cash Flow from Financing Activities	0	467	801	966	707	463	80	1344	2567
Net Cash Inflow / Outflow	-0	43	267	255	99	511	-662	187	54
Closing Cash & Cash Equivalent	5	48	315	571	670	1181	519	706	759

Muthoot Microfin Ratios

#	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	1.57	4.42	-1.4	17.62	1.59	0.62	4.15	14.03
CEPS(Rs)	-0.28	1.57	4.53	-1.22	17.88	2.8	2.27	5.97	16.3
DPS(Rs)	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	0	11.53	22.03	39.11	77.5	79.34	77.86	115.28	136.69
Net Profit Margin	-41.67	18.04	15.19	-2.87	28.17	2.12	1.03	5.69	11.47
Operating Margin	-60.31	68.38	57.01	44.61	70.61	36.08	45.07	48.63	53.32
PBT Margin	-60.31	28	23.47	7	37.87	2.29	1.32	7.77	14.9
ROA(%)	-3.06	3.54	3.73	-0.72	6.61	0.48	0.17	0.97	2.32
ROE(%)	-3.01	25.28	29.18	-4.91	31.27	2.03	0.79	4.3	11.25
ROCE(%)	-4.35	14.64	15.42	12.01	17.53	8.66	7.97	8.76	11.33
Price/Earnings(x)	0	0	0	0	0	0	0	0	0
Price/Book(x)	0	0	0	0	0	0	0	0	0
Dividend Yield(%)	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	1.48	7.91	3.58	2.87	2.5	1.95	3.49	3.76	3.84
EV/Core EBITDA(x)	-2.49	11.56	6.24	6.38	3.52	5.17	7.29	7.35	6.95
Interest Earned Growth(%)	0	0	367.54	106.3	42	20.43	-20.47	21.68	71.62
Net Profit Growth	0	6037.1	293.6	-138.94	1495.26	-90.95	-61.25	571.93	245.77
EPS Growth(%)	0	0	181.64	-131.74	1357.25	-90.95	-61.25	571.93	237.88
Interest Coverage(x) %	0	1.69	1.7	1.19	2.16	1.07	1.03	1.19	1.39

Muthoot Microfin Shareholding Pattern

#	Jul 2016	May 2017	Mar 2018	Dec 2023	Mar 2024
Promoter	100	95.05	96.93	55.47	55.47
FII	0	0	0	4.83	3.52
DII	0	0	0	25.56	25.11
Public	0	4.95	3.07	14.14	15.91
Others	0	0	0	0	0
Total	100	100	100	100	100

#	Jul 2016	May 2017	Mar 2018	Dec 2023	Mar 2024
Promoter	6	8.38	9.97	9.46	9.46
FII	0	0	0	0.82	0.6
DII	0	0	0	4.36	4.28
Public	0	0.44	0.32	2.41	2.71
Others	0	0	0	0	0
Total	6	8.82	10.29	17.05	17.05

Pros

Cons

Company has a low return on equity of 5% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.