MarketFriction

Muthoot Finance Ltd

NSE MUTHOOTFIN · BSE 533398 · Non Banking Financial Company (NBFC)
₹2,697.10 -1.46%
NSE close2026-10-01
52 week range2,671.00 - 4,149.50
Market cap₹1,09,874 Cr.
P/E9.66
Nifty Next 50Nifty 100Nifty 200Nifty 500Nifty Financial Services No price band Delivery 51.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue3,6063,8204,1644,4744,9295,1905,6226,4507,2838,1889,2898,672
Interest1,3351,4121,4471,5951,8071,9002,1112,3552,5712,9193,1553,458
Expenses8058721,1211,2261,3241,4051,5491,4221,4801,4261,5281,408
Financing Profit1,4671,5361,5961,6531,7981,8851,9612,6733,2323,8434,6063,805
Financing Margin %41%40%38%37%36%36%35%41%44%47%50%44%
Other Income2623161929326165020323
Depreciation222427262531353538402431
Profit before tax1,4701,5341,5851,6461,8021,8861,9322,6543,2443,8224,5843,797
Tax %26%25%25%27%27%26%25%26%26%26%26%26%
Net Profit1,0951,1451,1821,1961,3211,3921,4441,9742,4122,8233,3972,825
EPS in Rs26.3927.4928.3728.9931.6734.6036.8150.2260.2969.8483.4369.72
Gross NPA %
Net NPA %
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Revenue4,9365,9356,7147,5949,68411,53512,18611,89815,06220,21431,20933,431
Interest2,2882,3742,1322,5433,1804,1094,2684,2255,4527,46111,05412,103
Expenses1,2681,5541,6561,7472,2072,2592,4902,7473,6225,4225,7675,841
Financing Profit1,3812,0072,9273,3054,2985,1675,4284,9265,9887,33114,38815,486
Financing Margin %28%34%44%44%44%45%45%41%40%36%46%46%
Other Income5367622325275101515495
Depreciation595252525967707892116137134
Profit before tax1,3271,9592,9423,2604,2605,1315,4104,9235,9967,26614,30515,448
Tax %38%38%37%35%26%26%25%25%26%26%26%
Net Profit8181,2001,8442,1033,1693,8194,0313,6704,4685,35210,60711,457
EPS in Rs20.4130.0345.7451.8678.2594.83100.0889.98107.71132.84263.79283.28
Dividend Payout %29%20%22%23%19%21%20%24%22%20%11%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth20%22%38%51%
Compounded Profit Growth29%23%43%85%
Stock Price CAGR23%12%30%-11%
Return on Equity24%23%24%31%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital398399399400401401401401401401401401
Reserves4,6865,2236,1397,4579,53111,42815,17418,38421,26424,70628,96538,729
Borrowing19,62118,85422,17723,89130,12840,95250,41454,56955,80468,12599,383151,806
Other Liabilities2,2922,9183,4691,9251,6752,0852,6382,9462,6643,2214,0854,784
Total Liabilities26,99627,39532,18433,67241,73454,86768,62776,30080,13496,453132,835195,721
Fixed Assets269235257251259314327342386482682721
CWIP7111062329395267891311
Investments2049971772116308095235467122,401550
Other Assets26,70027,10031,82033,23741,24153,89467,45375,38279,13595,170129,739194,439
Total Assets26,99627,39532,18433,67241,73454,86768,62776,30080,13496,453132,835195,721
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-479108-2,186-1,432-4,824-4,970-7,814-1,596-2,804-13,605-26,525-47,393
Cash from Investing Activity21-43-177-126-162-3853741018048-1,3752,461
Cash from Financing Activity249-1,1023,0278246,3519,1939,7123,44539511,80930,04149,320
Net Cash Flow-209-1,036664-7341,3643,8381,9352,260-2,229-1,7492,1424,388
Free Cash Flow-50380-2,240-1,467-4,901-5,062-7,904-1,691-2,944-13,826-26,740-47,543
CFO/OP-4%13%-30%-8%-62%-52%-70%-2%-16%-105%-168%-172%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROE %13%15%20%25%23%29%28%23%18%18%20%31%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters73.35%73.35%73.35%73.35%73.35%73.35%73.35%73.35%73.35%73.35%73.35%73.35%
FIIs8.12%8.34%8.33%8.68%9.85%10.26%11.02%10.84%11.58%11.75%12.31%11.61%
DIIs14.64%14.61%14.72%14.55%13.30%12.99%11.75%12.21%11.37%11.13%10.43%10.75%
Public3.87%3.72%3.59%3.41%3.50%3.38%3.87%3.60%3.70%3.77%3.92%4.29%
No. of Shareholders2,17,2332,03,2841,94,9511,82,9902,98,3043,04,5283,05,6722,88,6882,99,7093,05,9643,14,8873,12,071

Fundamentals

Market Cap₹ 1,09,874 Cr.
Current Price₹ 2,737
Stock P/E9.66
Book Value₹ 1,011
ROCE15.8 %
ROE30.9 %
Dividend Yield1.10 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)51%
Compounded Profit Growth (TTM)85%
Consolidated figures.
Valuation
Market capRs 108,280 Cr
Enterprise valueRs 247,219 Cr
P/E (TTM)9.52x
Price to book2.77x
Price to sales3.24x
EV / EBITDA8.93x
EV / EBIT8.97x
EV / sales7.39x
Earnings yield10.50%
Dividend yield1.11%
P/E, 3-year average14.55x
P/B, 3-year average2.96x
P/E, 5-year average13.57x
P/B, 5-year average2.71x
Profitability
Operating margin (excl. other income)81.52%
Operating margin (incl. other income)81.69%
EBITDA margin82.81%
Pre-tax margin46.21%
Net profit margin34.02%
Net margin, latest quarter32.28%
ROE30.92%
ROCE15.87%
ROA6.45%
ROE, 3-year average23.00%
ROCE, 3-year average14.18%
ROA, 3-year average5.33%
ROE, 5-year average22.05%
ROCE, 5-year average13.71%
ROA, 5-year average5.23%
ROIC (approx.)11.47%
Tax rate25.85%
Other income / net worth0.14%
Growth
Sales growth (latest year)54.39%
Profit growth (latest year)98.58%
Sales CAGR, 3 years37.91%
Sales CAGR, 5 years22.03%
Profit CAGR, 3 years43.12%
Profit CAGR, 5 years22.72%
Sales growth QoQ-6.64%
Profit growth QoQ-16.43%
Sales growth YoY (latest quarter)34.44%
Profit growth YoY (latest quarter)38.83%
Per share
EPS (TTM)Rs 283.29
EPS (latest year)Rs 263.79
EPS (latest quarter)Rs 69.72
EPS, 3-year averageRs 168.11
EPS, 5-year averageRs 138.88
Book value per shareRs 974.68
Sales per shareRs 832.71
Cash flow per shareRs -1,180.48
Free cash flow per shareRs -1,184.23
Dividend per share (latest year)Rs 30.00
Dividend per share, 3-year averageRs 26.67
Dividend per share, 5-year averageRs 24.40
Dividends
Dividend payout11.37%
Dividend payout, 3-year average17.74%
Dividend payout, 5-year average19.53%
Efficiency
Asset turnover0.16x
Fixed asset turnover43.30x
Inventory turnover222.18x
Inventory days2 days
Debtor days0 days
Debtors turnover2690.45x
Leverage
Total debtRs 151,806 Cr
Cash and bankRs 12,868 Cr
Net debtRs 138,939 Cr
Debt to equity3.88x
Net debt / EBITDA5.02x
Interest coverage2.28x
Owners' fund to total sources19.99%
Debt to assets77.56%
Cash flow
Cash from Operating Activity (latest year)Rs -47,393 Cr
Cash from Investing Activity (latest year)Rs 2,461 Cr
Cash from Financing Activity (latest year)Rs 49,320 Cr
Net Cash Flow (latest year)Rs 4,388 Cr
Free cash flow (latest year)Rs -47,543 Cr
FCFE (approx.: FCF + change in debt)Rs 4,881 Cr
Cash from ops / profit, 5 years-3.27x
Statement figures
Net sales (TTM)Rs 33,431 Cr
Net sales (latest year)Rs 31,209 Cr
Sales (latest quarter)Rs 8,672 Cr
Operating profit excl. other income (latest year)Rs 25,442 Cr
Operating profit (latest quarter)Rs 7,264 Cr
Other income (TTM)Rs 95 Cr
EBITDA (TTM)Rs 27,685 Cr
PBDT (TTM)Rs 15,582 Cr
Profit before tax (TTM)Rs 15,448 Cr
Tax (latest year)Rs 3,698 Cr
Net profit (TTM)Rs 11,373 Cr
Net profit (latest year)Rs 10,590 Cr
Net profit (latest quarter)Rs 2,799 Cr
Depreciation (TTM)Rs 134 Cr
Depreciation (latest quarter)Rs 31 Cr
Interest (TTM)Rs 12,103 Cr
Cost of goods sold (latest year)Rs 249 Cr
Total expenditure (latest year)Rs 5,767 Cr
Total income (latest year)Rs 31,263 Cr
Share capitalRs 401 Cr
ReservesRs 38,729 Cr
Shareholders' fundsRs 39,130 Cr
Total assetsRs 195,721 Cr
Net blockRs 721 Cr
Capital work in progressRs 11 Cr
InvestmentsRs 550 Cr
ReceivablesRs 12 Cr
InventoryRs 1 Cr
Other liabilitiesRs 4,784 Cr
Shares outstanding (crore)40.15
Ownership
Promoter holding73.35% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 9.5 is at the 4th percentile of its own 9.4-year range (median 14.7, low 8.3, high 21.1).
P/B 2.77 is at the 37th percentile (median 3.06).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodMUTHOOTFINNifty 50Difference
1 week-4.5%-2.8% -1.8 pts
1 month-7.2%-6.8% -0.4 pts
3 months-11.7%-7.6% -4.1 pts
6 months-14.7%+0.4% -15.1 pts
1 year-11.6%-9.9% -1.7 pts
2 years+33.2%-13.6% +46.8 pts
3 years+115.4%+14.2% +101.2 pts
5 years+75.8%+27.9% +48.0 pts
215 mutual fund schemes hold about ₹13,732 Cr. Over three months 154 bought more and 42 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Focused Fund4.76%2,439 +21%
SBI Aggressive Hybrid Fund2.35%2,085 +9%
Motilal Oswal Large & Midcap Fund4.22%852 +5%
Motilal Oswal Large & Midcap Fund4.22%779 +5%
ICICI Pru Large & Mid Cap Fund2.06%692 +123%
SBI Banking & Financial Services Fund4.09%444 +5%
SBI Small Cap Fund0.91%387 +6%
Tata Value Fund(Div Trig Opt B-10%)Pay4.46%386 +12%
SBI ELSS Tax Saver Fund1.18%375 +7%
Motilal Oswal Flexi Cap Fund2.19%311 +70%
SBI Multicap Fund1.15%283 +59%
ICICI Pru Mid Cap Fund2.92%246 +5%
ICICI Pru Mid Cap Fund2.92%232 +5%
SBI Children's Fund-Investment Plan2.95%229 +1%
Kotak Arbitrage Fund(M0.29%221 +31%
ICICI Pru Multi Cap Fund1.02%200 +5%
ICICI Pru Multi Cap Fund1.02%192 +5%
Motilal Oswal ELSS Tax Saver Fund3.41%175 +7%
ICICI Pru Balanced Advantage Fund(M0.23%174 +100%
HDFC Arbitrage Fund(M0.58%147 +1669%
Aditya Birla SL Arbitrage Fund0.52%140 +177%
ICICI Pru Nifty Next 50 Index Fund1.26%127 +9%
Bandhan Large & Mid Cap Fund0.55%116 +100%
ICICI Pru Arbitrage Fund0.33%115 +100%
Motilal Oswal Multi Cap Fund2.29%107 +100%

Red flags

F-score 5 of 8
explainWeak cash conversion Cash from operations was -432% of net profit over the last 3 years
explainHigh accruals Profit exceeded operating cash by 30% of total assets in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2024-06-26GOPAN PURUSHOTHAMAN NAIR KAMALAMMAEmployees/Designated Employesell690Rs 0.12 CrMarket Sale
2024-03-28Bijimon KR-sell2,500Rs 0.37 CrMarket Sale
2024-03-26Bijimon KR-sell500Rs 0.07 CrMarket Sale
2024-03-26-Employees/Designated Employesell500Rs 0.07 CrMarket Sale
2024-03-22Bijimon KR-sell100Rs 0.01 CrMarket Sale
2024-02-22K R BIJIMONEmployees/Designated Employeother6,500Rs 0.87 CrPledge Creation
2023-12-28K R BIJIMONEmployees/Designated Employesell250Rs 0.04 CrMarket Sale
2023-11-30Jacob C JosephImmediate relativeother2,000Gift
2023-11-30MANOJ JACOBEmployees/Designated Employeother2,000Gift
2023-11-29Reji ManojImmediate relativesell500Rs 0.07 CrMarket Sale
2023-11-29K R BIJIMONEmployees/Designated Employesell700Rs 0.10 CrMarket Sale
2023-11-28Reji ManojImmediate relativesell1,500Rs 0.20 CrMarket Sale
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Revenue ₹8,672 Cr +34.4% vs Jun 2025. Net profit ₹2,825 Cr +43.1%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-04-17Interim Dividend - Rs 30 Per Share
2025-04-25Interim Dividend - Rs 26 Per Share
2024-09-20Annual General Meeting
2024-05-31Interim Dividend - Rs 24 Per Share
2023-09-21Annual General Meeting
2023-04-18Interim Dividend - Rs 22 Per Share
2022-08-22Annual General Meeting
2022-04-25Interim Dividend - Rs 20 Per Share
2021-09-08 Annual General Meeting
2021-04-22 Interim Dividend - Rs 20 Per Share
2020-09-22 Annual General Meeting
2020-03-23 Interim Dividend - Rs 15 Per Share
2019-09-19 Annual General Meeting
2019-04-11 Interim Dividend - Rs 12 Per Share
2018-09-19 Annual General Meeting
2018-02-15 Interim Dividend Rs 10/- Per Share (Purpose Revised)
2017-09-12 Annual General Meeting
2017-03-30 Interim Dividend-Rs 6/- Per Share (Purpose Revised)
2016-09-21 Annual General Meeting
2016-03-16 Interim Dividend - Rs 2/- Per Share
2015-11-05 Interim Dividend - Rs 4/- Per Share (Purpose Revised)
2015-09-22 Annual General Meeting/ Dividend - Rs 2/- Per Share
2014-10-221st Interim Dividend Rs.4/- Per Share
2014-09-10Annual General Meeting / Dividend - Re 1/- Per Share
2014-02-04Interim Dividend - Rs 2/- Per Share (Purpose Revised)
2013-11-05Interim Dividend Rs.3/- Per Share (Purpose Revised)
2013-09-12Annual General Meeting And Dividend Rs.4.50 Per Share
2012-08-16Annual General Meeting/ Dividend Rs. 4 Per Share
2011-09-15Annual General Meeting
DateTypeWhat it says
2026-10-01AppointmentAppointment of Mr Alexander George as Managing Director of the company w.e.f. October 01, 2026.
2026-10-01AppointmentAppointment of Mr George Alexander Muthoot as Vice Chairman& Whole Time Director of the company w.e.f. October 01, 2026.
2026-10-01AppointmentAppointment of Mr Eapen Alexander as Whole-Time Director of the company w.e.f. October 01, 2026.
2026-09-09AcquisitionAcquisition
2026-09-02Director changeChange in Director(s) of the company.
2026-08-31Shareholder meetingProceedings of Annual General Meeting held on August 31, 2026
2026-08-31Amalgamation/MergerAmalgamation/Merger
2026-08-11General UpdatesGeneral Updates
2026-08-08Record DateBook Closure for Annual General Meeting of the Company is 24-Aug-2026.
2026-08-08UpdatesBook Closure For Annual General Meeting.
2026-08-07Shareholder meetingShareholders meeting
2026-08-03Board meeting outcomeOutcome of Board Meeting
2026-08-02Concall / analyst meetLink of Recording
2026-08-01Press ReleaseA press release dated August 01, 2026, titled "Press release on Board level changes".
2026-08-01Investor PresentationInvestor Presentation
2026-08-01Press ReleaseA press release dated August 01, 2026, titled "Press release".
2026-08-01General UpdatesGeneral Updates
2026-07-29Concall / analyst meetSchedule of meet
2026-07-17General UpdatesDisclosure under Regulation 30
2026-05-20Concall / analyst meetTranscript
2026-05-17Shareholder meetingVoting results.
2026-05-17Amendment to AOA/MOAThe Amendment to AOA/MOA of the company.
2026-05-15Concall / analyst meetLink of Recording
2026-05-14Investor PresentationInvestor Presentation
2026-05-14Press ReleaseA press release dated May 14, 2026, titled "Press release".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
Put / call open interest0.70
Max pain (expiry 2026-10-27)2,800
Largest call open interest at2,800
Largest put open interest at2,600
Implied volatility, at the money31.0%
Underlying at snapshot2,697.10
Open interest by strike around the price, nearest expiry. End-of-day NSE snapshot, 01-Oct-2026 15:40:00. Max pain is the strike where option buyers together would lose the most at expiry.
Trade dateShares sold short
2026-09-30462
2026-09-2910,996
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Order dateForumCase
2021-06-22NCLTMuthoot Fincorp Ltd. Vs Richa Lifespace Pvt. Ltd.
2021-04-15NCLTTHE MUTHOOT FINANCE LTD Vs SOUTHERN INVESTMENTS PVT LTD
2021-04-08NCLTMuthoot Fincorp Ltd Vs Dr. Santhosh Mahalingam
2021-04-08NCLTMuthoot Fincorp Ltd Vs Dr. Sharmila Anand
2021-04-08NCLTSripriya Kumar RP (Santosh Hospitals Pvt Ltd) Vs Muthoot Fincorp Ltd & 4 others
2021-03-24NCLATDr. P. Mahalingam VS Muthoot Fincorp Ltd. & Ors.
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Muthoot Finance Ltd?

Muthoot Finance Ltd (MUTHOOTFIN) has a market capitalisation of Rs 1,09,874 Cr. at the 2026-10-01 close.

What is the P/E ratio of Muthoot Finance Ltd?

Muthoot Finance Ltd trades at a P/E of 9.66 on trailing twelve-month profit, at the 2026-10-01 close.

What were Muthoot Finance Ltd's latest quarterly results?

In the Jun 2026 quarter, Muthoot Finance Ltd revenue was Rs 8,672 Cr (+34.4% vs Jun 2025) and net profit was Rs 2,825 Cr.

What is the 52-week high and low of Muthoot Finance Ltd?

The 52-week high is Rs 4,149.50 and the 52-week low is Rs 2,671.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03