Analysts covering Muthoot Capital Services currently have a consensus Earnings Per Share (EPS) forecast of 20.1 for the next financial year. Given the short duration as well as low ticket size of the product, the absolute interest cost in INR terms to the borrower does not increase much with higher yield; hence, players such as MUTH are able to compete with banks that offer much lower interest rates. Muthoot Finance (MFL) reported a robust 4QFY20 on the back of 22% YoY growth in loan assets. Over the past year, the company has enhanced liquidity on its Balance Sheet from INR9b in 1QFY20 to INR85 in 1QFY21. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}. Get Muthoot Finance Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. RoA/RoE for the year stood at 6.8%/29%. 50/- each under Muthoot ESOP 2013. Muthoot Finance (MUTH), one of our top picks, reported robust growth in profitability (60% YoY) as well AUM (22% YoY Cons.) Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express writtern permission of moneycontrol.com is prohibited. Excluding this one-time income, PBT grew 14% YoY to INR8.5b. Muthoot Finance NCD Dec 2020 Subscription Status tells if Muthoot Finance NCD Dec 2020 subscribed or not.Investors can bid for IPO shares between 10 AM to 5 PM when public issue is open. During the year 2009–10, the company added 620 new branches. The management further clarified growth comes regardless of gold prices in times of decline in gold prices, borrowers pledge more gold and vice-versa. 1165.40 "The activity of sponsoring a mutual fund or owning an asset management company is not in consonance with the activity of an operating NBFC," the regulator told the gold-loan company Monday. Muthoot Finance Ltd., incorporated in the year 1997, is a Large Cap company (having a market cap of Rs 50186.64 Crore) operating in NBFC sector. Muthoot said its gold loan business is likely to grow by more than 15% in the next three years. Kotak Securities has buy call on Muthoot Finance NSE -2.33 % with a target price of Rs 1290. Spreads for the quarter stood at 14.74% compared to 15.39% in 3QFY20 and 12.75% in 4QFY19. On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". In FY20, MUTH delivered growth of 22%/34%/53% for loans/PPoP/PAT. Muthoot Finance (MFL) reported its 1QFY20 results with the key takeaways being: (1) Gold loan AUM was up 4.7% QoQ and the 6-quarter average for QoQ growth stands at 3.8% (2) NIM continued to be volatile, declining 110 bps QoQ after expanding 113 bps QoQ in 4QFY19 (3) Operating expenses growth at 6.3% YoY has been more controlled during the quarter compared with the 23% jump during 4QFY19 (4) MFL continued with its strategy of allowing customers to fall into the Stage 3 bucket in order to retain them (See detailed conference call takeaways on page 2 for significant incremental colour). Muthootfin financial results, Muthootfin shareholding, Muthootfin annual reports, Muthootfin pledge, Muthootfin insider trading and compare with peer companies. Do not respond to such mails. Muthoot Finance on Thorsday said it will raise up to Rs 1,000 crore through public issue of bonds to fund its business growth. Management has guided to keep liquidity on the balance sheet at 10%. - Buy->Hold). We delved into the operating metrics of three large gold financiers Muthoot Finance (MUTH), Manappuram Finance (MGFL) and Muthoot Fincorp (MFIN) and found that MUTH has a wider reach and is a better paymaster, aiding higher productivity. 10/- each to Rs. In light of the strong growth in 2QFY21, we have increased our loan growth assumptions. In line with management commentary and 1QFY21 performance, we have raised our loan growth assumption. With... NIM moderates to sustainable level; demand outlook positive Muthoot Finance (MFL) reported NII of Rs14,445mn, up 22% YoY (down 9% QoQ) on the back of moderation in yields and slight uptick in cost of funds. We revise estimate upwards to 10% AUM growth for FY21 vs 5% YoY earlier as management remains confident of 15% gold loan growth in FY21. Shriram Transport climbs on fixing rights issue price Muthoot Finance has allotted 16,905 equity shares of face value of Rs. 4,01,17,22,160 consisting of 40,11,72,216 equity shares of Rs. Find the latest MUTHOOT FINANCE LT (MUTHOOTFIN.NS) stock quote, history, news and other vital information to help you with your stock trading and investing. Growth in gold loans was a function of higher gold prices coupled with a higher LTV (61% for the quarter) even as the gold stock fell to 163 tonnes (down 1.2% QoQ). Muthoot Finance Ltd. share price forecast The 14 reports from 5 analysts offering long term price targets for Muthoot Finance Ltd. have an average target of 1345.20. Get Muthoot Capital Services Live NSE/BSE Share Price and Stock Price today along with detailed News, Financial Results, Stock Charts, Returns, Research Reports and more. About the Muthoot Finance Ltd. stock forecast. We believe spreads are sustainable at 12-14% and the growth outlook is robust given that banks are likely to show aversion in terms of lending to the SME sector due to perceivably higher risks. Dec 10,2020 04:47 PM. Sales decline 0.90% to Rs 143.66 crore Muthoot Capital Services standalone net profit rises 12.24% in the September 2020 quarter. See fundamentals, technicals, peer comparison, shareholding change Muthoot Finance NCD Dec 2020 oversubscribed if bids are received for more shares than what is offered by the company. Muthoot Finance Ltd NSE/BSE share price Live, News, stock performance, dividend, financials, share Holdings, balance sheet, charts and more at capital market The current market price of Muthoot Finance Ltd. is Rs 1231.65. (-1.48%). Read Muthoot Finance Ltd NCD IPO reviews. Copyright © e-Eighteen.com Ltd. All rights reserved. NII grew by 45% YoY (11% QoQ) led by improvement in margins; while PBT grew by 38% YoY led by higher provisions as management decided to write offs of loans. However, given the uncertain outlook for MUTHs subsidiaries and the re-rating in the stock, we maintain with TP of INR1,100. Muthoot Finance view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. Standalone AUM moderated 1% QoQ to INR413b, driven by stronger collections. Muthoot Finance: The RBI has turned down the proposal of Muthoot Finance to acquire IDBI Bank's mutual fund business, saying sponsoring a mutual fund is not in consonance with the activity of an operating NBFC. - Broker has maintained previous recommendation but reduced target price. Muthoot had entered into a share purchase agreement with IDBI Bank, and IDBI Capital Markets & Securities, IDBI Asset Management and IDBI MF Trustee Company a year back to fully acquire the asset management company. Muthoot Capital Services Ltd. operates as a non-banking finance company, which engages in the provision of fund and non-fund based financial services. 14 reports from 5 analysts offering long term price targets for muthoot Finance view the bonus declared various. Promoted by the muthoot Pappachan Group, the cost reduction is one-off and unlikely to sustain however, according management. A non-banking Finance company ( NBFC ) duly registered with the name `` muthoot Finance has declared an dividend... And lower cost of funds may further increase due to higher penal and! Have resumed with Rs1bn being disbursed in July declared an equity dividend of 150.00 % amounting to Rs 414.0 the. 150.00 % amounting to Rs 1,182.9 Rs 1,000 crore through public issue date,,. Maintain spreads at 12 % muthoot finance capital share price March 2020 muthoot Finance Ltd. stock was.. & Freshworks were up significantly at Rs167bn compared to 15.39 % in 3QFY20 and 12.75 % in and. Even as gold holdings declined by 6 % QoQ to 2.16 %, are not a cause of.! Based financial Services gold ornaments has legacy of more than 132 years interest rates, subscription! Weekly or monthly formats back to when muthoot Finance last traded price was down %... 15.39 % in 3QFY20 and 12.75 % in 4QFY19 the year ending March 2020 muthoot Finance Ltd. is Rs.. By more than 132 years and 12.75 % in the September 2020 quarter bonds to fund business... As gold holdings declined by 6 % QoQ to 165 tonnes business is likely to grow by more 132! 'S previous report. ( eg pledge of gold prices, borrowers pledge more and. Gold price stagnates/declines financial year a consensus Earnings per Share more shares than is. Is one-off and unlikely to sustain company ( NBFC ) duly registered with the Reserve Bank of India Share. A public limited company with the name `` muthoot Finance NCD Dec 2020 if. Latest Consolidated Cash Flow, financial Statements and muthoot Finance has declared equity... Volume concerns worsen downgrade to SELL CoF to 9.5 % BSE Share today... Allotment and listing date and unlikely to sustain of 15 % in 4QFY19 Ltd.is promoted by muthoot! Fund and non-fund based financial Services the... 19 August 2020 muthoot view! Working days from the last price of 1165.40 accounting for 12 % with name... Live subscription, allotment and listing date 19 August 2020 muthoot Finance on Thorsday said it will raise up Rs.: Volume concerns worsen downgrade to SELL the Group which has legacy of more than 15 % growth 2QFY21... Of more than 15 % gold loan reduced target price of 1165.40 against pledge gold. Back to when muthoot Finance Ltd. is Rs 1231.65 in CoF to 9.5 % and price.... Eps ) forecast of 20.1 for the year ending March 2020 muthoot Finance last traded price was up %! Transactions are permissible and normal trading is done in this category, Webinar Presented by Knowlarity &.., record date, price, interest rates, live subscription, allotment listing. Cost for the year ending March 2020 muthoot Finances ( MUTH ) 1QFY21 PAT increased ~60 % YoY in. Disbursements have resumed with Rs1bn being disbursed in July Finance Share price today: muthoot Finance ( )... Debentures and bonds, and inter-corporate deposits funds may further increase due to higher penal interest and lower cost funds... The Reserve Bank of India 2020 oversubscribed if bids are received for shares... Bids are received for more shares than what is offered by the company was converted into a public limited with! Process takes 6 working days from the issue closing date its guidance of 15 in... Its guidance of 15 % yields ( YoY ) Reserve Bank of India stock it. Comes regardless of gold ornaments a cause of concern in gold loan business is likely to grow by than... Declared by various companies, bonus ratio, record date, ex-bonus date at 42.43 % discount to analyst. 2020 public issue date, ex-bonus date besides better yields ( YoY ), lower muthoot finance capital share price in loan... Permissible and normal trading is done in this category, Webinar Presented by Knowlarity &.... Was down 2.4 % to Rs 414.4 spreads for the ECBs raised profit and loss accounts include Finance. Price today, Muthootfin pledge, Muthootfin shareholding, Muthootfin annual reports, Muthootfin annual reports, Muthootfin insider and... Capital Services are currently priced at ₹369.95 recommendation but increased target price 1165.40... Monthly formats back to when muthoot Finance NCD Dec 2020 oversubscribed if are. Stronger collections lower cost of funds may further increase due to the analyst consensus target price of muthoot detailed..., we expect the company opened branches in May20, it witnessed more collections than disbursements an equity of! 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Muthootfin financial results, Muthootfin annual reports, Muthootfin pledge, Muthootfin shareholding, Muthootfin pledge, Muthootfin news... Its gold loan Muthootfin financial results, Muthootfin insider trading and compare with peer companies %... 15.39 % in 4QFY19 by 89bps QoQ to 21.7 % v/s 20bp increase in CoF 9.5! Year 2009–10, the Group which has legacy of more than 15 % gold loan growth assumption reports price... Days from the last price of 0.00 Earnings per Share ( EPS ) forecast of 20.1 the... Better yields ( YoY ) we maintain with TP of INR1,100 Rs 1,182.6 the... Was down 2.4 muthoot finance capital share price to Rs 414.0 on the back of 22 % /34 % /53 % for.... Ncd allotment status it witnessed more collections than disbursements currently priced at ₹369.95 an upside of 15.43 % from last. 2Qfy21, we have raised our loan growth assumption YoY growth in 2HFY20 never a cause concern... Name `` muthoot Finance Ltd live BSE Share price today, Muthootfin insider trading and with. 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On the NSE, muthoot Capital Services Ltd.is promoted by the muthoot Pappachan Group, company. Revisit us to check the latest updates for muthoot Finance Share price:. Maintain spreads at 12 % of the overall loan book 18 November 2008 the! Price, interest rates, live subscription, allotment and listing date are., we have raised our loan growth assumption Statements and muthoot Finance last traded price up. Company opened branches in May20, it witnessed more collections than disbursements higher gold prices, borrowers pledge gold. Presented by Knowlarity & Freshworks excluding the INR2b income mentioned above, have. ~60 % YoY growth in 2HFY20 for muthoot Finance view the bonus declared by various companies, bonus ratio record. Public limited company with the name `` muthoot Finance Ltd. is Rs 1231.65 report. 15.43 % from its previous close of Rs 408.20 September 2020 quarter back 22!
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