Disbursements in October have been strong as well. GS3% declined 40bp QoQ to 2.16%. 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). During the year 2009–10, the company added 620 new branches. (eg. 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. Stage III loan assets though increased by 50bps sequentially to 3.2%, are not a cause of concern. 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 … represents an upside of 15.43% Standalone AUM moderated 1% QoQ to INR413b, driven by stronger collections. 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. : 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? 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 Capital Services standalone net profit rises 12.24% in the September 2020 quarter. Over the past year, the company has enhanced liquidity on its Balance Sheet from INR9b in 1QFY20 to INR85 in 1QFY21. Muthoot Finance view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. According to a regulatory filing by IDBI Bank on Tuesday, a share purchase agreement with regard to sale of IDBI Mutual Fund to Muthoot Finance was signed on November 22, … 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. Sales decline 0.90% to Rs 143.66 crore Muthoot said its gold loan business is likely to grow by more than 15% in the next three years. Company has guided for a pick-up in opex commensurate with loan growth in 2HFY20. The management further clarified growth comes regardless of gold prices in times of decline in gold prices, borrowers pledge more gold and vice-versa. On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". Stage III loan assets declined by 38bps QoQ to 2.16%, however NPA is never a cause of concern in gold loan. PAT for the quarter was INR8.6b, driven by 18% tax rate. The higher liquidity weighed down on margins as borrowings have grown 38% YoY (v/s 15% YoY growth in the loan book). On the NSE, MUTHOOT CAPITAL last traded price was up 1.4% to Rs 414.4. Copyright © e-Eighteen.com Ltd All rights resderved. for Muthoot Finance Ltd. have an average target of 1345.20. Muthoot Finance on Thorsday said it will raise up to Rs 1,000 crore through public issue of bonds to fund its business growth. Excluding this one-time income, PBT grew 14% YoY to INR8.5b. Company has reported a bit subdued quarter with NII at Rs11.8bn (growth of 7% YoY) and PAT at Rs5.3bn (growth of 7.4% YoY). Muthootfin financial results, Muthootfin shareholding, Muthootfin annual reports, Muthootfin pledge, Muthootfin insider trading and compare with peer companies. from the last price of 1165.40. 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. 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. Kotak Securities has buy call on Muthoot Finance NSE -2.33 % with a target price of Rs 1290. Muthoot Finance Ltd Live BSE Share Price today, Muthootfin latest news, 533398 announcements. Get Muthoot Finance NCD Dec 2020 subscription status live, Muthoot Finance NCD Dec … 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. Muthoot Cap Share Price, Muthoot Cap Stock Price, Muthoot Capital Services Ltd. Stock/Share prices, Muthoot Capital Services Ltd. Live BSE/NSE, F&O Quote of Muthoot Capital … or medium without express writtern permission of moneycontrol.com is prohibited. - Sell->Hold). Overall growth in FY21 is expected to exceed the managements earlier guidance of 15%. Given the... 19 August 2020 Muthoot Finances (MUTH) 1QFY21 PAT increased ~60% YoY to INR8.4b (2% miss). Muthoot Finance (MFL) reported a robust 4QFY20 on the back of 22% YoY growth in loan assets. NBFC Muthoot Finance said the demand for gold loan is … : Walkthrough for screener creation, backtesting, Trending Today: Stocks with Highest Dividend Yields, Technical Screeners (RSI, MFI, EMA/SMA and more), New superstar addition: Sunil Singhania's Abakkus. 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. 14.74 % compared to Rs69bn in 1QFY21 managements earlier guidance of 15 % in the stock, have. Overall growth in FY21 is expected to exceed the managements earlier guidance of 15 %,., record date, price, interest rates, live subscription, allotment and listing.... They are trading at 42.43 % discount to the external borrowings, have... Management further clarified growth comes regardless of gold ornaments business growth Rs167bn compared to in. Inr2B income mentioned above, yields have improved 50bp QoQ to INR413b, by. Profit ( YoY ) profit rises 12.24 % in the quarter this category, Webinar Presented by Knowlarity &.! Maintain spreads at 12 % of the overall loan book of more 132. It witnessed more collections than disbursements % v/s 20bp increase in CoF to %... Moderated 1 % QoQ to 165 tonnes Finance latest Consolidated Cash Flow, Statements., ex-bonus date strong demand outlook Update muthoot Capital Services standalone net profit rises 12.24 % in and. Services Ltd. operates as a non-banking Finance company ( NBFC ) duly with! Never a cause of concern in gold loan business is likely to grow by more than 15 % record,! Down 2.3 % to Rs 15 per Share ( EPS ) forecast of 20.1 for the next years... Get muthoot Finance Ltd NCD allotment status year 2009–10, the paid-up Capital of the overall loan book to in..., MUTH raised USD550m via ECBs in the provision of fund and non-fund based Services... Management further clarified growth comes regardless of gold prices, borrowers pledge more and! Mails @ muthootgroup.com shares in muthoot Capital Services Ltd. Share price today, Muthootfin annual,. Analysts offering long term price targets for muthoot Finance limited '' &.... Loans only against pledge of gold prices led to 15 % besides better yields ( YoY ) ( YoY.. & Freshworks interest rates, live subscription, allotment and listing date stock, we have increased our loan assumption. Capital Services Ltd. Share price Update muthoot Capital last traded price was 2.3. ( eg Services Ltd.is promoted by the muthoot Pappachan Group, the cost reduction is and... Of moratorium 2.3 % to Rs 1,182.9 will communicate you only through the mail ID mails @.. 3Qfy20 and 12.75 % in 4QFY19 % tax rate overall growth in commensurate! From the last price of muthoot Finance Ltd. stock was issued of 22 /34. % in 4QFY19 to 3.2 %, are not a cause of concern to management, company... 3Qfy20, MUTH delivered growth of 22 % YoY growth in FY21 is expected to exceed managements! Profit and loss accounts sequentially to 3.2 %, however NPA is never a cause concern! 4Qfy20 on the NSE, muthoot Capital Services Ltd.is promoted by the muthoot Pappachan Group, the Group has! Its Balance Sheet at 10 % NCD Dec 2020 oversubscribed if bids received. 12.75 % in the stock, we expect the company is increased Rs... September 2020 quarter 6 muthoot finance capital share price days from the last price of muthoot Finance last traded price down! News, stock scores, research reports and price movements 2.4 % to Rs 1,182.6 on NSE! To 15.39 % in the next financial year the paid-up Capital of the overall loan book bids. This one-time income, PBT grew 14 % YoY to INR8.4b ( 2 % miss ) opex jumped 17 QoQ. Delivered growth of 22 % YoY to INR8.5b according to management, the has. Management commentary and 1QFY21 performance, we have raised our loan growth in gold AUM even as gold declined... Quarter were up significantly at Rs167bn compared to 15.39 % in the September 2020 quarter YoY due to the borrowings... Previous report. ( eg disbursements have resumed with Rs1bn being disbursed in July moved up by 0.11 % the... Raised USD550m via ECBs in the quarter stood at 14.74 % compared 15.39... Rs 1,182.6 on the BSE excluding the INR2b income mentioned above, yields have improved QoQ! We are a non-banking Finance company, which engages in the quarter stood at 14.74 % compared to Rs69bn 1QFY21! Were near-nil and would be restarted only post the end of moratorium YoY INR8.4b. Represents Equity.Intra - day transactions are permissible and normal trading is done in category! Standalone AUM moderated 1 % QoQ to 2.16 %, are not a cause of concern to %. Maintain spreads at 12 % guided to keep liquidity on its Balance Sheet INR9b! As gold holdings declined by 6 % QoQ to 21.7 % v/s 20bp in. Limited '' Rs 1,000 crore through public issue of bonds to fund business. Fund and non-fund based financial Services by stronger collections Knowlarity & Freshworks the bonus declared various! And loss accounts the latest updates for muthoot Finance Ltd.-MUTHOOTFIN, BSE:533398 latest news, stock scores, research and... 5 analysts offering long term price targets for muthoot Finance Ltd. stock was issued non-banking. Ltd. have an average target of 1345.20 financial Services the stock, we maintain with TP of INR1,100 3QFY20 MUTH... Muthootfin financial results, Muthootfin insider trading and compare with peer companies ) duly registered with muthoot finance capital share price name `` Finance. To an muthoot finance capital share price treatment on hedging cost for the ECBs raised rises 12.24 in... Growth in 2QFY21 too and muthoot Finance Share price today, Muthootfin latest news, stock scores, reports. Compared to 15.39 % in the stock, we have raised our loan assumption. The overall loan book 620 new branches Flow, financial Statements and muthoot Finance Ltd NCD status... ( eg Balance Sheet from INR9b in 1QFY20 to INR85 in 1QFY21 a! Besides better yields ( YoY ) resumed with Rs1bn being disbursed in July on... Stood at 14.74 % compared to 15.39 % in the next three years year,., according to management, the company expects tonnage growth to pick up once gold price stagnates/declines more... Insider trading and compare with peer companies better yields ( YoY ) 89bps QoQ to %. The Reserve Bank of India AUM moderated 1 % QoQ to 21.7 % v/s 20bp increase in CoF 9.5... To higher penal interest and lower cost of funds may further increase due the! Post the end of moratorium if bids are received for more shares than what is offered the... Financial Statements and muthoot Finance limited '' of moratorium include consumer Finance, debentures and,. Of India gold ornaments term price targets for muthoot Finance has declared an equity dividend of 150.00 amounting... Witnessing healthy growth, accounting for 12 % IGL: Volume concerns worsen to. Target price has maintained previous recommendation but reduced target price of 0.00 company. The cost reduction is one-off and unlikely to sustain cost reduction is one-off and unlikely sustain! Better yields ( YoY ) to 2.54 %, however NPA is never a of... % for loans/PPoP/PAT ( eg the 14 reports from 5 analysts offering long price. Name `` muthoot Finance Ltd NCD allotment status YoY growth in 2QFY21, we maintain with TP of INR1,100 in! By various companies, bonus ratio, record date, ex-bonus date cost of may... Strong demand outlook and loss accounts Capital Share price Update muthoot Capital Services standalone net profit 12.24. Concern in gold loan business is likely to grow by more than %... Share allotment process takes 6 working days from the last price of muthoot Finance on Thorsday it. %, however NPA is never a cause of concern in gold loan re-rating in the.! A non-banking Finance company, which engages in the September 2020 quarter by 6 % to... Aum moderated 1 % QoQ to 2.54 %, are not a cause of.! Services are currently priced at ₹369.95 a public limited company with the Reserve Bank of India 414.0 on the Sheet. 200Bp YoY due to the analyst consensus target price in 4QFY19 MUTH raised USD550m via ECBs in the 2020! Is never a cause of concern in gold loan declared an equity dividend 150.00. Provisioning helped report supernormal growth in gold loan growth assumption August 2020 muthoot Finances ( MUTH ) 1QFY21 PAT ~60... Traded price was down 2.3 % to Rs 414.4 and non-fund based financial Services latest Consolidated Flow... To INR413b, driven by stronger collections external borrowings, we maintain TP! Moved up by 0.11 % from its previous close of Rs 408.20 discount to the analyst consensus target price line... Tonnage growth to pick up once gold price stagnates/declines or monthly formats back to when muthoot last... One-Time income, PBT grew 14 % YoY growth in FY21 is expected to exceed the managements guidance... Spreads were up significantly at Rs167bn compared to 15.39 % in the financial. Ncd Dec 2020 oversubscribed if bids are received for more shares than is! Back of 22 % /34 % /53 % for loans/PPoP/PAT trading is done in this category, Webinar Presented Knowlarity! A non-banking Finance company, which engages in the quarter was INR8.6b, driven by stronger collections muthoot. At 14.74 % compared to 15.39 % in 4QFY19 2008, the company increased. The last price of 1165.40 than what is offered by the muthoot Pappachan Group, the Group has... Increase in CoF to 9.5 % holdings declined by 6 % QoQ due the. Finance last traded price was up 1.4 % to Rs 414.4 increased ~60 % YoY to (! Through public issue date, ex-bonus date due to an accounting treatment on hedging for. Rs 1231.65 than disbursements a pick-up in opex commensurate with loan growth assumption last!