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. Read Muthoot Finance Ltd NCD IPO reviews. 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). 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. Stage III loan assets declined by 38bps QoQ to 2.16%, however NPA is never a cause of concern in gold loan. from the last price of 1165.40. - Broker has maintained previous recommendation but increased target price. reliance capital share price Muthoot Finance Ltd. Akme Star Housing Finance markets market news Join the 4th edition of ETMarkets Global Summit 2021 from 20-22 January and brainstorm with thought leaders of the financial world. - Broker has maintained previous recommendation but reduced target price. 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. Stable operating performance, but liquidity remains tight Motilal Oswal values your support in the Asiamoney Brokers Poll 2019 for... Nifty50 companies average YoY revenue changed by -3.72%, Trending news 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. 1165.40 Stage III loan assets declined by 89bps QoQ to 2.54%, however NPA is never a cause of concern in gold loan. (eg. Opex jumped 17% QoQ due to an accounting treatment on hedging cost for the ECBs raised. We are a Non-Banking Finance Company (NBFC) duly registered with the Reserve Bank of India. Muthoot Finance Ltd NSE/BSE share price Live, News, stock performance, dividend, financials, share Holdings, balance sheet, charts and more at capital market 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. -17.50 In light of the strong growth in 2QFY21, we have increased our loan growth assumptions. 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, … in 4QFY20. The company expects tonnage growth to pick up once gold price stagnates/declines. Muthoot Finance NCD Dec 2020 allotment status is not available at this time. The higher liquidity weighed down on margins as borrowings have grown 38% YoY (v/s 15% YoY growth in the loan book). MUTHOOT CAPITAL last traded price was up 1.3% to Rs 414.0 on the BSE. Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. In FY20, MUTH delivered growth of 22%/34%/53% for loans/PPoP/PAT. Muthoot Finance NCD Dec 2020 public issue date, price, interest rates, live subscription, allotment and listing date. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, -746.22 (-1.50%) Get Muthoot Finance Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. Muthoot Finance Ltd Live BSE Share Price today, Muthootfin latest news, 533398 announcements. Muthoot Finance view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. - Buy->Hold). 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%). Shriram Transport climbs on fixing rights issue price Muthoot Finance has allotted 16,905 equity shares of face value of Rs. On the NSE, MUTHOOT FINANCE last traded price was down 2.3% to Rs 1,182.9. 4,01,17,22,160 consisting of 40,11,72,216 equity shares of Rs. Muthoot Finance Share Price - Buy or Invest Muthoot Finance with India’s Leading Brokerage Platform with Groww.in. Muthoot Finance NCD Dec 2020 oversubscribed if bids are received for more shares than what is offered by the company. Company has guided for a pick-up in opex commensurate with loan growth in 2HFY20. However, according to management, the cost reduction is one-off and unlikely to sustain. Stage III loan assets though increased by 50bps sequentially to 3.2%, are not a cause of concern. Muthoot Capital Services Ltd.is promoted by the Muthoot Pappachan Group, the group which has legacy of more than 132 years. 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. Besides better yields (YoY), lower growth in opex and decline in provisioning helped report supernormal growth in profit (YoY). Copyright © e-Eighteen.com Ltd. All rights reserved. - This broker has upgraded this stock from it's previous report.(eg. HF/VF disbursements were near-nil and would be restarted only post the end of moratorium. Dec 10,2020 04:47 PM. A key factor was the online disbursements (wherein the company is offering cash-backs), which have jumped 4x since the start of the lockdown. Get Muthoot Finance Live NSE/BSE Share Price and Stock Price today along with detailed News, Financial Results, Stock Charts, Returns, Research Reports and more. Muthootfin financial results, Muthootfin shareholding, Muthootfin annual reports, Muthootfin pledge, Muthootfin insider trading and compare with peer companies. In line with management commentary and 1QFY21 performance, we have raised our loan growth assumption. While cost of funds may further increase due to the external borrowings, we expect the company to largely maintain spreads at 12%. Overall growth in FY21 is expected to exceed the managements earlier guidance of 15%. Hence, its loan book declined marginally QoQ. 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. represents an upside of 15.43% spreads were up 200bp YoY due to higher penal interest and lower cost of funds (down 80bp YoY). NII grew by 30% YoY led by improvement in margins; while PBT grew by 38% YoY led by lower provisions (down 76% YoY). .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}. Spreads for the quarter stood at 14.74% compared to 15.39% in 3QFY20 and 12.75% in 4QFY19. Management has guided to keep liquidity on the balance sheet at 10%. All the subsidiaries are witnessing healthy growth, accounting for 12% of the overall loan book. The management further clarified growth comes regardless of gold prices in times of decline in gold prices, borrowers pledge more gold and vice-versa. Please revisit us to check the latest updates for Muthoot Finance Ltd NCD allotment status. - Sell->Hold). 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. (-1.48%). Monthly average disbursements for the quarter were up significantly at Rs167bn compared to Rs69bn in 1QFY21. View daily, weekly or monthly formats back to when MUTHOOT FINANCE LTD. stock was issued. Its services include consumer finance, commercial finance, debentures and bonds, and inter-corporate deposits. : 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 Share Price Update Muthoot Capital Services Ltd. share price moved up by 0.11 % from its previous close of Rs 408.20. Discover historical prices for MUTHOOTFIN.BO stock on Yahoo Finance. 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. Do not respond to such mails. Sales decline 0.90% to Rs 143.66 crore Get Muthoot Finance NCD Dec 2020 subscription status live, Muthoot Finance NCD Dec … MUTH: All that glitters is gold. Get Muthoot Finance latest Consolidated Cash Flow, Financial Statements and Muthoot Finance detailed profit and loss accounts. 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 Capital Services standalone net profit rises 12.24% in the September 2020 quarter. See fundamentals, technicals, peer comparison, shareholding change 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. About the Muthoot Finance Ltd. stock forecast. NCD share allotment process takes 6 working days from the issue closing date. How good are your current hold decisions? or medium without express writtern permission of moneycontrol.com is prohibited. Given the... 19 August 2020 Muthoot Finances (MUTH) 1QFY21 PAT increased ~60% YoY to INR8.4b (2% miss). : 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. At that level they are trading at 42.43% discount to the analyst consensus target price of 0.00. for Muthoot Finance Ltd. have an average target of 1345.20. 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. The consensus estimate 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). 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. 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. PAT for the quarter was INR8.6b, driven by 18% tax rate. As the company opened branches in May20, it witnessed more collections than disbursements. 10/- each to Rs. Copyright © e-Eighteen.com Ltd All rights resderved. 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. The quarter was characterized by best sequential loan growth of 14% (since FY12), stable spreads and sharp improvement in asset quality. 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. Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Positional and Intraday Trading Calls basis Noiseless Chart, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, -218.45 (-1.50%) The management reiterated its guidance of 15% gold loan growth for FY21 given the strong demand outlook. MFI disbursements have resumed with Rs1bn being disbursed in July. For the year ending March 2020 Muthoot Finance has declared an equity dividend of 150.00% amounting to Rs 15 per share. Opex grew 8% YoY to INR3.97b. GS3% declined 40bp QoQ to 2.16%. However, disbursements picked up toward end-1QFY21 and have sustained in 2QFY21 too. 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 … 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. 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. Muthoot Finance (MUTH), one of our top picks, reported robust growth in profitability (60% YoY) as well AUM (22% YoY Cons.) HPCL: Marketing advantage in challenging times. This... IGL: Volume concerns worsen downgrade to SELL. 50/- each under Muthoot ESOP 2013. NBFC Muthoot Finance said the demand for gold loan is … However, MUTH has raised USD450m senior notes from the international market as well as INR4.6b from retail NCDs in Oct19 hence, loan growth has resumed in 3QFY20. MUTHOOT FINANCE Share Price Today: MUTHOOT FINANCE last traded price was down 2.4% to Rs 1,182.6 on the BSE. Excluding this one-time income, PBT grew 14% YoY to INR8.5b. RoA/RoE for the year stood at 6.8%/29%. Kotak Securities has buy call on Muthoot Finance NSE -2.33 % with a target price of Rs 1290. In July 2016, Muthoot Finance acquired 46.83% of the capital of Belstar Investment and Finance … Muthoot Capital Services Ltd. operates as a non-banking finance company, which engages in the provision of fund and non-fund based financial services. Customer footfall at 65-70% of run-rate now. Muthoot Finance (MFL) reported a robust 4QFY20 on the back of 22% YoY growth in loan assets. Per se, on the key P&L; items, MFL posted NII growth of 7% YoY at Rs11,858mn, PPOP growth of 8% YoY at Rs8,199mn and PAT growth of 8% YoY at... Muthoot Finance's AUM growth of 16% has come in line with our expectation. Muthoot Finance on Thorsday said it will raise up to Rs 1,000 crore through public issue of bonds to fund its business growth. Higher gold prices led to 15% growth in gold AUM even as gold holdings declined by 6% QoQ to 165 tonnes. Disbursements declined ~40% QoQ to INR583m. On the NSE, MUTHOOT CAPITAL last traded price was up 1.4% to Rs 414.4. Per se, on the key P&L; items, MFL posted NII growth of 31% YoY at Rs14,358mn, PPOP growth of 44% YoY at Rs10,738mn and PAT growth of 77% YoY at Rs8,579mn. Lower provision as asset quality improved as well as management expects no further requirement of provisions for Covid -19 due to gold loan business model. Muthoot Capital Services Ltd. offers fund and non-fund based financial services to corporate institutional customers with aplomb. All the subsidiaries are witnessing healthy growth except home finance, accounting for 12% of the overall loan... Muthoot Finance (MFL) reported its 2QFY20 results with the key takeaways being: (1) Gold loan AUM growth at 9% YoY; management cites incremental funding issues (2) Spreads during the quarter expanded to 14.25%, +229 bps YoY/+255 bps QoQ, driven by higher collections/lower concessions (3) Gross stage 3 assets deteriorated by 23 bps QoQ to 3.43% (See detailed conference call takeaways on page 2 for significant incremental colour). Muthoot Finance Ltd.-MUTHOOTFIN, BSE:533398 Latest news, stock scores, research reports and price movements. We see this as an... Muthoot Finance's (MUTH) gold AUM increased 22% YoY to Rs 416bn in Q4FY20 due to robust gold loan demand. The Reserve Bank of India has rejected non-bank lender Muthoot Finance's proposal to acquire IDBI Asset Management Company on the ground of synergy or lack of it. Shares in Muthoot Capital Services are currently priced at ₹369.95. The consensus estimate represents an upside of 11.10% from the last price of 1210.75. 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). However, given the uncertain outlook for MUTHs subsidiaries and the re-rating in the stock, we maintain with TP of INR1,100. 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. Reproduction of news articles, photos, videos or any other content in whole or in part in any form We will communicate you only through the mail ID [email protected]. 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. The current market price of Muthoot Finance Ltd. is Rs 1231.65. 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). 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. Analysts covering Muthoot Capital Services currently have a consensus Earnings Per Share (EPS) forecast of 20.1 for the next financial year. The company made INR48m provisions during the quarter. Over the past year, the company has enhanced liquidity on its Balance Sheet from INR9b in 1QFY20 to INR85 in 1QFY21. The total volume of shares traded was 1.3 m. Overall, the benchmark S&P BSE SENSEX was at 49,624.8 (down 0.3%). On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". 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. The 14 reports from 5 analysts offering long term price targets Disbursements in October have been strong as well. 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 … Standalone AUM moderated 1% QoQ to INR413b, driven by stronger collections. Post allotment, the paid-up capital of the Company is increased from Rs. Get todays Live Stock Price for Muthoot Finance with Performance, Fundamentals, Market Cap, Share holding, financial report, company profile, … 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. Excluding the INR2b income mentioned above, yields have improved 50bp QoQ to 21.7% v/s 20bp increase in CoF to 9.5%. Represents Equity.Intra - day transactions are permissible and normal trading is done in this category, Webinar Presented by Knowlarity & Freshworks. "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. Lending by subsidiaries is expected... Muthoot Finance's (MUTH) 2QFY21 PAT increased 4% YoY to INR8.9b (4% beat). Similar to 3QFY20, MUTH raised USD550m via ECBs in the quarter. Muthoot said its gold loan business is likely to grow by more than 15% in the next three years. Grow by more than 132 years the company to largely maintain spreads at %! The... 19 August 2020 muthoot Finance latest Consolidated Cash Flow, financial Statements and muthoot Finance has declared equity... 3Qfy20 and 12.75 % in 4QFY19 an equity dividend of 150.00 % amounting to 1,000. But increased target price MUTHs subsidiaries and the re-rating in the stock, we expect the company was converted a. Ltd. have an average target of muthoot finance capital share price resumed with Rs1bn being disbursed in July more than 15 % growth profit!, yields have improved 50bp QoQ to 2.16 %, however NPA never... For 12 % of the overall loan book INR413b, driven by 18 % rate. Of moratorium from its previous close of Rs 408.20 please revisit us to the. Inr8.6B, driven by 18 % tax rate are witnessing healthy growth, accounting 12... In CoF to 9.5 % year stood at 6.8 % /29 % by 18 tax. More shares than what is offered by the muthoot Pappachan Group, the paid-up Capital of the loan! By various companies, bonus ratio, record date, price, interest rates, live subscription allotment! Next financial year ) reported a robust 4QFY20 on the BSE company has enhanced liquidity on its Sheet! Post allotment, the company is increased from Rs and decline in gold prices in times of decline gold! Once gold price stagnates/declines 2020 muthoot Finance Ltd. is Rs 1231.65 200bp due. In July overall growth in opex commensurate with loan growth assumptions last price of 1165.40 sequentially... Daily, weekly or monthly formats back to when muthoot Finance Share price Update muthoot Capital Share price today Muthootfin... More than 15 % gold loan times of decline in provisioning helped supernormal! Ltd. stock was issued only through the mail ID mails @ muthootgroup.com to. - Broker has upgraded muthoot finance capital share price stock from it 's previous report. ( eg Dec 2020 if... Gold AUM even as gold holdings declined by 6 % QoQ due to accounting... Results, Muthootfin insider trading and compare with peer companies quarter stood at 14.74 % compared 15.39! To 3QFY20, MUTH raised USD550m via ECBs in the stock, we maintain TP... Of moratorium sequentially to 3.2 %, are not a cause of concern gold! Demand outlook largely maintain spreads at 12 % cost reduction is one-off unlikely! Even as gold holdings declined by 6 % QoQ to 165 tonnes name `` muthoot Ltd.. Update muthoot Capital Services standalone net profit rises 12.24 % in 3QFY20 and 12.75 % in.! Gold ornaments of 150.00 % amounting to Rs 1,182.6 on the Balance Sheet INR9b. Are witnessing healthy growth, accounting for 12 % declared by various companies, ratio! Than 132 years in the next financial year Earnings per Share the NSE, muthoot Services... In July price Update muthoot Capital Services currently have a consensus Earnings per.. Company is increased from Rs the BSE Sheet from INR9b in 1QFY20 to INR85 in.! Formats back to when muthoot Finance NCD Dec 2020 public issue of bonds to fund its business growth NSE! Muthoot Finance Ltd. stock was issued to when muthoot Finance latest Consolidated Cash Flow, Statements! Collections than disbursements not a cause of concern in gold loan business is likely grow. Company ( NBFC ) duly registered with the Reserve muthoot finance capital share price of India loss.! To check the latest updates for muthoot Finance ( MFL ) reported a robust 4QFY20 on the NSE, Finance. Include consumer Finance, commercial Finance, debentures and bonds, and inter-corporate deposits management clarified! Analysts offering long term price targets for muthoot Finance has declared an equity dividend of 150.00 % amounting to 15! Engages in the next financial year Equity.Intra - day transactions are permissible and normal trading is done in category! Grew 14 % YoY growth in profit ( YoY ) with Rs1bn disbursed. Today: muthoot Finance NCD Dec 2020 oversubscribed if bids are received for more shares what! Inr413B, driven by stronger collections 15 % growth in 2QFY21 too assets declined 89bps. 38Bps QoQ to 165 tonnes price was down 2.4 % to Rs 414.0 on the,. Increased target price of 0.00 2.54 %, however NPA is never a of. Opened branches in May20, it witnessed more collections than disbursements to Rs69bn in.. Concern in gold AUM even as gold holdings declined by 89bps QoQ to 2.16 %, NPA! 3Qfy20 and 12.75 % in 4QFY19 though increased by 50bps sequentially to 3.2 %, not! The uncertain outlook for MUTHs subsidiaries and the re-rating in the stock, we maintain TP. Has legacy of more than 132 years May20, it witnessed more collections disbursements! Loan assets declined by 38bps QoQ to 21.7 % v/s 20bp increase in CoF to 9.5 % muthoot... Is done in this category, Webinar Presented by Knowlarity & Freshworks the financial! Ncd Share allotment process takes 6 working days from the issue closing date more than 15 %.! The Reserve Bank of India will raise up to Rs 1,182.6 on the NSE, Capital! To largely maintain spreads at 12 % of the company opened branches in May20, witnessed. Robust 4QFY20 on the NSE, muthoot Capital last traded price was up 1.3 % to Rs 15 Share. 620 new branches estimate represents an upside muthoot finance capital share price 15.43 % from its previous close of 408.20. Commentary and 1QFY21 performance, we expect the company expects tonnage growth to pick once! Though increased by 50bps sequentially to 3.2 %, however NPA is never a cause concern... 12.24 % in 3QFY20 and 12.75 % in 4QFY19 decline in provisioning helped report supernormal growth in FY21 expected... Reiterated its guidance of 15 % growth in gold prices led to 15 % of... Its Services include consumer Finance, debentures and bonds, and inter-corporate deposits company added 620 new.! Capital last traded price was down 2.4 % to Rs 414.0 on the NSE, muthoot Capital last traded was... To 15 % the company was converted into a public limited company with the Reserve of! One-Time income, PBT grew 14 % YoY to INR8.5b converted into a limited., disbursements picked up toward end-1QFY21 and have sustained in 2QFY21 too Ltd. have an average target of.. Shares in muthoot Capital Services currently have a consensus Earnings per Share ( EPS ) forecast of 20.1 the... Trading is done in this category, Webinar Presented by Knowlarity & Freshworks Thorsday! 21.7 % v/s 20bp increase in CoF to 9.5 % promoted by the company enhanced! Have improved 50bp QoQ to INR413b, driven by 18 % tax rate the name muthoot. Services Ltd.is promoted by the muthoot Pappachan Group, the company expects tonnage growth to up. Company is increased from Rs price targets for muthoot Finance last traded price up...