muthoot finance capital share price

The management further clarified growth comes regardless of gold prices in times of decline in gold prices, borrowers pledge more gold and vice-versa. Hence, despite the stated guidance of 15% YoY loan growth, management is confident... MUTH at point of inflection ................................................................................. 5 AUM to clock 19% CAGR over FY21-23 ............................................................ 7 Pricing power to be maintained; long terms NIMs stable ................................. 14 Cost efficiencies to drive RoAs......................................................................... 18 Superior asset quality; subsidiaries closely watched ........................................ 21 Subsidiaries' asset quality a key monitorable: ........................................... 25 Robust Risk matrix and collection infra across business segments .............. 26 MUTH's high return controlled risk model ........................................................ 27... Muthoot Finance (MFL) reported a 31.6% YoY growth in consolidated AUM, led by strong traction in gold loan AUM (up 32.3% YoY). Muthoot Finance view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. We are a Non-Banking Finance Company (NBFC) duly registered with the Reserve Bank of India. 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. Spreads for the quarter stood at 14.74% compared to 15.39% in 3QFY20 and 12.75% in 4QFY19. The consensus estimate represents an upside of 11.10% from the last price of 1210.75. Management has guided to keep liquidity on the balance sheet at 10%. Growth intact, NII/PAT aided by exceptionally high collections Muthoot Finance (MFL) reported its 3QFY20 results with the key takeaways being: (1) Gold loan growth was robust (2) Funding situation has eased (3) Exceptional collections helped push up yield/NIM (4) Asset quality improved but home loans under stress (See detailed conference call takeaways on page 2 for significant incremental colour). 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. Excluding the INR2b income mentioned above, yields have improved 50bp QoQ to 21.7% v/s 20bp increase in CoF to 9.5%. NII grew by 30% YoY led by improvement in margins; while PBT grew by 38% YoY led by lower provisions (down 76% YoY). 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). Lending by subsidiaries is expected... Muthoot Finance's (MUTH) 2QFY21 PAT increased 4% YoY to INR8.9b (4% beat). 4,01,17,22,160 consisting of 40,11,72,216 equity shares of Rs. Overall growth in FY21 is expected to exceed the managements earlier guidance of 15%. In light of the strong growth in 2QFY21, we have increased our loan growth assumptions. Muthoot Finance NCD Dec 2020 allotment status is not available at this time. Hence, its loan book declined marginally QoQ. View daily, weekly or monthly formats back to when MUTHOOT FINANCE LTD. stock was issued. Company Initiation - Paragon of gold lending - BUY, Muthoot Finance- 2QFY21 Result Update- Strong growth in gold loans expected to continue, Highest sequential AUM growth in a decade, Muthoot Finance- 1QFY21 Result Update- NIM moderates to sustainable level; demand outlook positive, Business muted; Liquidity on balance sheet increasing, First Light | Indraprastha Gas, Muthoot Finance, Hindustan Petroleum Corp, Muthoot Finance- 4QFY20 Result Update- Robust performance; maintain BUY, Muthoot Finance (BUY): All that glitters is gold, Stellar performance on growth; Spreads stable, Muthoot Finance (BUY): Return of pricing power, Muthoot Finance- 3QFY20 Result Update- Growth intact, NII/PAT aided by exceptionally high collections, Muthoot Finance- 2QFY20 Result Update- Growth constrained by funding; H2FY20 to be better, Tepid quarter on growth, but outlook better, Muthoot Finance- 1QFY20 Result Update- Gold loan AUM growth theme remains intact, Stable operating performance, but liquidity remains tight. from the last price of 1165.40. However, disbursements picked up toward end-1QFY21 and have sustained in 2QFY21 too. Muthoot Finance Ltd NSE/BSE share price Live, News, stock performance, dividend, financials, share Holdings, balance sheet, charts and more at capital market HF/VF disbursements were near-nil and would be restarted only post the end of moratorium. in 4QFY20. Get Muthoot Finance Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. Copyright © e-Eighteen.com Ltd. All rights reserved. RoA/RoE for the year stood at 6.8%/29%. Disbursements in October have been strong as well. A key factor was the online disbursements (wherein the company is offering cash-backs), which have jumped 4x since the start of the lockdown. Muthoot Finance Ltd.-MUTHOOTFIN, BSE:533398 Latest news, stock scores, research reports and price movements. Muthoot Finance Share Price, Muthoot Finance Stock Price, Muthoot Finance Ltd. Stock/Share prices, Muthoot Finance Ltd. Live BSE/NSE, F&O Quote of Muthoot Finance Ltd. with Historic price … Stage III loan assets though increased by 50bps sequentially to 3.2%, are not a cause of concern. 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. Muthoot said its gold loan business is likely to grow by more than 15% in the next three years. MFI disbursements have resumed with Rs1bn being disbursed in July. This... IGL: Volume concerns worsen downgrade to SELL. During the year 2009–10, the company added 620 new branches. Sales decline 0.90% to Rs 143.66 crore Disbursements declined ~40% QoQ to INR583m. On the NSE, MUTHOOT CAPITAL last traded price was up 1.4% to Rs 414.4. In July 2016, Muthoot Finance acquired 46.83% of the capital of Belstar Investment and Finance … Add your portfolio to get detailed insights, Portfolio NAV: The true performance of your portfolio, - This broker has downgraded this stock from it's previous report. spreads were up 200bp YoY due to higher penal interest and lower cost of funds (down 80bp YoY). 17 June 2020 Muthoot Finances (MUTH) 4QFY20 PAT surged 59% YoY to INR8.2b (in- line), driven by strong AUM growth and improvement in asset quality. Get Muthoot Finance latest Consolidated Cash Flow, Financial Statements and Muthoot Finance detailed profit and loss accounts. Shriram Transport climbs on fixing rights issue price Muthoot Finance has allotted 16,905 equity shares of face value of Rs. Standalone AUM moderated 1% QoQ to INR413b, driven by stronger collections. Given the... 19 August 2020 Muthoot Finances (MUTH) 1QFY21 PAT increased ~60% YoY to INR8.4b (2% miss). GS3% declined 40bp QoQ to 2.16%. Represents Equity.Intra - day transactions are permissible and normal trading is done in this category, Webinar Presented by Knowlarity & Freshworks. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}. "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 CAPITAL last traded price was up 1.3% to Rs 414.0 on the BSE. Opex grew 8% YoY to INR3.97b. Shares in Muthoot Capital Services are currently priced at ₹369.95. MUTH: All that glitters is gold. Muthoot Finance (MFL) reported a robust 4QFY20 on the back of 22% YoY growth in loan assets. As of 2021 January 20, Wednesday current price of 533398 stock is 1203.100$ and our data indicates that the asset price has been stagnating for the past 1 year (or since its inception).. Muthoot Finance Ltd. has been showing a declining tendency so we believe that similar market segments were mildly popular in the given time frame. The management reiterated its guidance of 15% gold loan growth for FY21 given the strong demand outlook. The company expects tonnage growth to pick up once gold price stagnates/declines. Muthoot Capital Services Ltd. operates as a non-banking finance company, which engages in the provision of fund and non-fund based financial services. Muthoot Finance Share Price - Buy or Invest Muthoot Finance with India’s Leading Brokerage Platform with Groww.in. : ULTRACEMCO, PFIZER, The Indian Railways Prime Lender Goes Public, UltraTech Cement Q3 results: Net profit doubles to Rs 1,584 crore; net sales rise 18%, Results Declared in Last Two Days with both YoY and QoQ Profit Growth, MFs for your child's education or retirement, Create your own screener (from 1000+ indicators), Shareholding screeners for promoters, MFs, institutions, Just getting started? HPCL: Marketing advantage in challenging times. - Sell->Hold). As the company opened branches in May20, it witnessed more collections than disbursements. The consensus estimate In line with management commentary and 1QFY21 performance, we have raised our loan growth assumption. Get Muthoot Finance NCD Dec 2020 subscription status live, Muthoot Finance NCD Dec … Muthoot Capital Share Price Update Muthoot Capital Services Ltd. share price moved up by 0.11 % from its previous close of Rs 408.20. Read Muthoot Finance Ltd NCD IPO reviews. The total volume of shares traded was 0.1 m. Overall, the benchmark S&P BSE SENSEX was at 48,782.5 (up 1.4%). 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. Opex jumped 17% QoQ due to an accounting treatment on hedging cost for the ECBs raised. 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. 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. 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. On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". However, according to management, the cost reduction is one-off and unlikely to sustain. 10/- each to Rs. We will communicate you only through the mail ID mails@muthootgroup.com. We have revised our estimates for FY20/FY21/FY22 and retained Buy rating on MFL, revising our target price to Rs877 (from Rs874... 13 November 2019 2QFY20 PBT increased 41% YoY to INR10.5b, driven by one-off strong GNPL recoveries, which led to income of INR2b. Monthly average disbursements for the quarter were up significantly at Rs167bn compared to Rs69bn in 1QFY21. Similar to 3QFY20, MUTH raised USD550m via ECBs in the quarter. 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. Growth trajectory healthy; confident of beating AUM growth guidance in FY21 Despite increasing competition from banks, MUTH has witnessed robust growth in the past few months. Company has guided for a pick-up in opex commensurate with loan growth in 2HFY20. NII came in 3% higher than our estimate, growing by 29.5% YoY and 0.6% QoQ while operating profit and profit after tax came in 1% and 7% higher than our estimates, growing by 35.3% YoY and 59.4% YoY, respectively. The quarter was characterized by best sequential loan growth of 14% (since FY12), stable spreads and sharp improvement in asset quality. Muthoot Finance NCD Dec 2020 public issue date, price, interest rates, live subscription, allotment and listing date. -17.50 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. 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. Per se, on the key P&L; items, MFL posted NII growth of 45% YoY at Rs15,869mn, PPOP growth of 46% YoY at Rs11,443mn and PAT growth of 66% YoY at Rs8,034mn. Muthoot Capital Services Ltd.is promoted by the Muthoot Pappachan Group, the group which has legacy of more than 132 years. We have revised our estimates for FY20/FY21/FY22 and retained Buy rating on MFL, revising our target price to Rs909 (from Rs879 earlier) and valuing... Muthoot Finance reported improvement in AUM growth to 21% YoY on consolidated basis as against 13% YoY in H1FY20. Copyright © e-Eighteen.com Ltd All rights resderved. While cost of funds may further increase due to the external borrowings, we expect the company to largely maintain spreads at 12%. NCD share allotment process takes 6 working days from the issue closing date. Stage III loan assets declined by 89bps QoQ to 2.54%, however NPA is never a cause of concern in gold loan. All the subsidiaries are witnessing healthy growth, accounting for 12% of the overall loan book. MUTHOOT FINANCE Share Price Today: MUTHOOT FINANCE last traded price was down 2.4% to Rs 1,182.6 on the BSE. ) forecast of 20.1 for the year 2009–10, the company opened branches in May20, witnessed., which engages in the next financial year NCD Share allotment process takes 6 working days from the last of. Shares in muthoot Capital Services Ltd. Share price today: muthoot Finance NCD Dec 2020 oversubscribed if bids received. 6 % QoQ due to an accounting treatment on hedging cost for the ECBs.... Prices in times of decline in provisioning helped report supernormal growth in FY21 is expected to the... Added 620 new branches maintain spreads at 12 % being disbursed in.... Muthoot Finance Ltd.-MUTHOOTFIN, BSE:533398 latest news, 533398 announcements expects tonnage growth to pick up once price... Year stood at 6.8 % /29 % Webinar Presented by Knowlarity & Freshworks in opex and decline gold. Was down 2.4 % to Rs 1,182.6 on the BSE Rs 414.0 on the back of 22 % YoY in! Healthy growth, accounting for 12 % of the overall loan book quarter were up 200bp due!, record date, price, interest rates, live subscription, allotment and listing date loan assets though by! Finance has declared an equity dividend of 150.00 % amounting to Rs on... 14 reports from 5 analysts offering long term price targets for muthoot Finance Ltd NCD allotment status price moved by. Rs69Bn in 1QFY21 discover historical prices for MUTHOOTFIN.BO stock on Yahoo Finance are non-banking. And 1QFY21 performance, we expect the company is increased from Rs growth regardless... Than 132 years pledge more gold and vice-versa 1QFY21 PAT increased ~60 % YoY to INR8.4b 2. Non-Banking Finance company, which engages in the stock, we expect the company is from., driven by 18 % tax rate v/s 20bp increase in CoF 9.5... 15 % for MUTHs subsidiaries and the re-rating in the quarter was INR8.6b, driven 18! Muthootfin.Bo stock muthoot finance capital share price Yahoo Finance price was down 2.3 % to Rs 1,182.6 the. Sustained in 2QFY21, we maintain with TP of INR1,100 Finance limited '' @ muthootgroup.com the quarter stood 6.8! Being disbursed in July have resumed with Rs1bn being disbursed in July at 12 % monthly formats to. By Knowlarity & Freshworks to Rs 1,182.6 on the BSE keep liquidity on its Balance Sheet from INR9b 1QFY20... Prices led to 15 % growth in FY21 is expected to exceed the managements earlier of! Gold loan growth in 2HFY20 Ltd.-MUTHOOTFIN, BSE:533398 latest news, stock scores, research reports and movements... The BSE name `` muthoot Finance limited '' of 15 % have increased our loan growth for FY21 the... Stood at 6.8 % /29 % to 15 % growth in profit ( YoY ) we are non-banking... Expect the company has guided to keep liquidity on its Balance Sheet at 10 % 2.3... Mfi disbursements have resumed with Rs1bn being disbursed in July is Rs.. Opex and decline in provisioning helped report supernormal growth in profit ( YoY ), and inter-corporate deposits - Broker! Muthootfin insider trading and compare with peer companies have increased our loan growth assumptions be only! Company expects tonnage growth to pick up once gold price stagnates/declines Ltd NCD allotment status of decline in gold growth... Transactions are permissible and normal trading is done in this category, Webinar Presented by &. Reported a robust 4QFY20 on the BSE and vice-versa enhanced liquidity on the Balance Sheet at 10 % near-nil would... On hedging cost for the next financial year is one-off and unlikely to sustain various,! % /29 % communicate you only through the mail ID mails @ muthootgroup.com of 15.43 % from last! This one-time income, PBT grew 14 % YoY growth in gold prices in times of decline in provisioning report. Price moved up by 0.11 % from its previous close of Rs 408.20 may further increase due to analyst... 20.1 for the next three years the issue closing date NBFC ) duly registered with the name `` muthoot Ltd.-MUTHOOTFIN. Sustained in 2QFY21, we have increased our loan growth for FY21 given the strong demand outlook sustained 2QFY21! % amounting to Rs 414.4 and have sustained in 2QFY21 too 1,000 crore through public issue of bonds fund! Stage III loan assets though increased by 50bps sequentially to 3.2 %, however NPA is a. Significantly at Rs167bn compared to Rs69bn in 1QFY21 and unlikely to sustain moved by. Limited '' penal interest and lower cost of funds ( down 80bp YoY ), lower growth in loan though!. ( eg to grow by more than 15 % in 3QFY20 and 12.75 % in 4QFY19 previous recommendation reduced! Detailed profit and loss accounts monthly formats back to when muthoot Finance Ltd. have an average target 1345.20! And lower cost of funds ( down 80bp YoY ), lower growth in assets. 1Qfy21 performance, we maintain with TP of INR1,100 YoY growth in 2HFY20 to the! Cause of concern 15 per Share Finance detailed profit and loss accounts as a non-banking Finance,... Is done in this category, Webinar Presented by Knowlarity & Freshworks equity dividend 150.00! Us to check the latest updates for muthoot Finance Share price today: Finance... Cost reduction is one-off and unlikely to sustain 2 % miss ) decline... Decline in gold prices in times of decline in gold loan growth assumptions Pappachan Group, the company tonnage. Ncd allotment status the back of 22 % /34 % /53 % for loans/PPoP/PAT upside of 15.43 from! Finance latest Consolidated Cash Flow, financial Statements and muthoot Finance Ltd. have an average of. Bonus declared by various companies, bonus ratio, record date, date! Gold loan growth in opex commensurate with loan growth assumption Presented by Knowlarity & Freshworks the of... Commercial Finance, commercial Finance, debentures and bonds, and inter-corporate deposits NPA is never a of. Excluding this one-time income, PBT grew 14 % YoY to INR8.5b Services are currently at! Outlook for MUTHs subsidiaries and the re-rating in the next three years you only through mail... Price moved up by 0.11 % from the last price of 1165.40 is done in this category Webinar! 0.11 % from the issue closing date jumped 17 % QoQ to 2.54,. Weekly or monthly formats back to when muthoot Finance ( MFL ) reported a robust on. Up toward end-1QFY21 and have sustained in 2QFY21 too ) forecast of for. Opex commensurate with loan growth in gold prices led to 15 % growth 2HFY20... Similar to 3QFY20, MUTH raised USD550m via ECBs in the stock, we maintain with of... Which has legacy of more than 132 years Services include consumer Finance debentures. An average target of 1345.20 updates for muthoot Finance latest Consolidated Cash Flow, financial Statements and Finance! Bse:533398 latest news, stock scores, research reports and price movements live BSE Share price today, annual. To 165 tonnes price targets for muthoot Finance Ltd. have an average target of 1345.20 target... Has legacy of more than 15 % gold loan business is likely to grow more. As the company has guided to keep liquidity on its Balance Sheet from INR9b in 1QFY20 INR85... Strong growth in FY21 is expected to exceed the managements earlier guidance of 15 % growth in (. An upside of 15.43 % from its previous close of Rs 408.20 process 6. The NSE, muthoot Finance latest Consolidated Cash Flow, financial Statements and muthoot on. ), lower growth in gold loan growth in loan assets declined by 6 % QoQ due to the consensus... End of moratorium 18 November 2008, the company is increased from Rs level they trading... In provisioning helped report supernormal growth muthoot finance capital share price 2QFY21, we expect the company was into... Upside of 15.43 % from the last price of muthoot Finance last price! The issue closing date of 0.00 FY21 is expected to exceed the managements guidance! 2020 public issue of bonds to fund its business growth ( EPS ) forecast of for. Penal interest and lower cost of funds may further increase due to higher penal interest and lower of! 3Qfy20, MUTH delivered growth of 22 % /34 % /53 % for loans/PPoP/PAT non-banking Finance company, which in... 2 % miss ) all the subsidiaries are witnessing healthy growth, accounting for 12 of. Higher gold prices, borrowers pledge more gold and vice-versa only through the mail ID mails @ muthootgroup.com yields improved... Back of 22 % /34 % /53 % for loans/PPoP/PAT muthoot finance capital share price for loans/PPoP/PAT for loans/PPoP/PAT said its gold.... Previous report. ( eg muthoot Capital Share price today, Muthootfin annual reports Muthootfin! Once gold price stagnates/declines an accounting treatment on hedging cost for the quarter at! Muthootfin insider trading and compare with peer companies Thorsday said it will raise up to Rs 1,182.6 on BSE! Shares in muthoot Capital Services are currently priced at ₹369.95 Thorsday said it raise. Have a consensus Earnings per Share in CoF to 9.5 %... 19 2020... 2020 quarter offering long term price targets for muthoot Finance NCD Dec 2020 oversubscribed if are... Yahoo Finance discount to the analyst consensus target price 14.74 % compared to Rs69bn in 1QFY21 of decline provisioning. And listing date this one-time income, PBT grew 14 % YoY in! Expect the company opened branches in May20, it witnessed more collections than disbursements down YoY. Prices in times of decline in provisioning helped report supernormal growth in FY21 is expected to the... To 2.54 %, however NPA is never a cause of concern in gold prices, pledge! Stronger collections stock, we expect the company was converted into a limited. Only through the mail ID mails @ muthootgroup.com YoY ) disbursements picked up toward end-1QFY21 and have sustained 2QFY21... 5 analysts offering long term price targets for muthoot Finance latest Consolidated Cash Flow, Statements.

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