Muthoot Finance
Muthoot Finance Ltd valuation: P/E, P/B and sector benchmarks.
Twelve years of multiples investors have paid for Muthoot Finance Ltd, framed against the sector median so the premium or discount is obvious at a glance.
Muthoot Finance Ltd trades at a P/E of 12.06× and P/B of 3.27×, against the Financial Services sector median P/E of 18.42×.
Valuation
Profitability
Growth
Financial Health
Muthoot Finance Ltd chart patterns: breakouts, tops and bottoms.
Auto-detected classical chart patterns for Muthoot Finance Ltd — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.
Muthoot Finance Ltd financials: P&L, balance sheet, cash flow, ratios.
Twelve years of audited numbers for Muthoot Finance Ltd, switchable between annual and quarterly views, consolidated or standalone.
Muthoot Finance Ltd reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹1,25,438.83 Cr and reported EPS of ₹263.80.
| Period | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 6,608 | 7,594 | 9,684 | 11,531 | 12,185 | 11,898 | 15,062 | 20,214 | 31,209 |
| Other Income | 97 | 7 | 23 | 36 | 53 | 77 | 101 | 110 | 54 |
| Total Income | 6,705 | 7,601 | 9,707 | 11,566 | 12,237 | 11,975 | 15,163 | 20,324 | 31,263 |
| Gross Profit | 6,608 | 7,594 | 9,684 | 11,531 | 12,185 | 11,898 | 15,062 | 20,214 | 31,209 |
| +Operating Expenses | 1,650 | 1,754 | 2,028 | 2,012 | 2,114 | 2,523 | 3,090 | 3,895 | 4,795 |
| EBITDA | 4,957 | 5,840 | 7,656 | 9,518 | 10,071 | 9,375 | 11,971 | 16,319 | 26,414 |
| +Non-Operating Expenses | 2,182 | 2,587 | 3,232 | 4,167 | 4,326 | 4,287 | 5,522 | 7,528 | 11,137 |
| Profit Before Tax (PBT) | 2,872 | 3,260 | 4,260 | 5,131 | 5,410 | 4,923 | 5,997 | 7,266 | 14,305 |
| +Tax Expense | 1,074 | 1,157 | 1,092 | 1,313 | 1,379 | 1,253 | 1,529 | 1,914 | 3,698 |
| Profit After Tax (PAT) | 1,799 | 2,103 | 3,169 | 3,819 | 4,031 | 3,670 | 4,468 | 5,352 | 10,607 |
| Earnings Per Share (EPS) | 44.60 | 51.86 | 78.25 | 94.83 | 100.08 | 89.98 | 107.71 | 132.84 | 263.79 |
| Diluted Shares Outstanding (Nos.) | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 |
| +Banking Income | 6,705 | 7,601 | 9,707 | 11,566 | 12,237 | 11,975 | 15,163 | 20,324 | 31,263 |
| +Additional Disclosures | 3,847 | 4,364 | 5,536 | 6,387 | 6,763 | 7,153 | 9,380 | 12,992 | 17,194 |
| Sales Growth % | — | 14.94 | 27.51 | 19.07 | 5.67 | -2.36 | 26.59 | 34.21 | 54.39 |
| YoY Sales Growth % | — | 14.94 | 27.51 | 19.07 | 5.67 | -2.36 | 26.59 | 34.21 | 54.39 |
| Employee Cost % | 13 | 13 | 12 | 10 | 10 | 13 | 12 | 12 | 9 |
| Other Cost % | 12 | 10 | 8 | 7 | 7 | 9 | 8 | 8 | 6 |
| OPM % | 75 | 77 | 79 | 83 | 83 | 79 | 79 | 81 | 85 |
| Tax % | 37 | 35 | 26 | 26 | 25 | 25 | 25 | 26 | 26 |
| Profit Growth % | — | 16.92 | 50.68 | 20.52 | 5.56 | -8.97 | 21.74 | 19.80 | 98.17 |
| Gross Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA Margin % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Coverage Ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| +Additional Fields | 4,907 | 5,788 | 7,597 | 9,451 | 10,001 | 9,297 | 11,879 | 16,203 | 26,276 |
Muthoot Finance segment analysis: revenue and profit mix.
Disclosed business segments at Muthoot Finance with their share of revenue and profit, switchable between consolidated and standalone reporting.
Muthoot Finance discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.
Segment-wise Financial Analysis
Muthoot Finance Ltd investment thesis: bull case, bear case, and the flip lines.
Why someone would buy Muthoot Finance Ltd, why someone wouldn't, and the quantitative tripwires that would force the call to flip.
Muthoot Finance Ltd's investment case rests on 9 positive markers and 10 flagged concerns drawn from the latest reported filings.
What you're getting.
Muthoot Finance demonstrates robust profitability with an impressive Operating Profit Margin (OPM) of 74.10%. This efficiency is complemented by a significant 73.20% increase in quarterly profit, showcasing strong operational performance and effective cost management.
The company exhibits a healthy Return on Equity (ROE) of 19.60%, indicating efficient capital utilization. Its Price-to-Earnings (PE) ratio of 20.80 is competitive, suggesting a potentially attractive valuation relative to its earnings.
A high promoter holding of 73.4% signals strong management confidence and commitment to the company's long-term vision. This substantial stake often implies stability and alignment of interests with shareholders.
Muthoot Finance has achieved remarkable quarterly sales growth of 44.20%, significantly outperforming many peers. This robust expansion highlights strong market demand and a dominant position within the NBFC sector.
With a Return on Capital Employed (ROCE) of 13.20%, Muthoot Finance demonstrates superior capital efficiency compared to most of its listed peers, indicating effective asset utilization and value creation.
What can break it.
Muthoot Finance carries a high debt-to-equity ratio of 3.38, indicating significant reliance on borrowed funds. This elevated leverage increases financial risk and vulnerability to interest rate fluctuations or economic downturns.
Public shareholding has steadily decreased from 5.20% in June 2022 to 3.70% in September 2025. This trend could potentially impact stock liquidity and make it challenging for retail investors to trade shares easily.
The stock has shown recent volatility, with a -2.83% drop on Oct 23rd and a -0.60% drop on Oct 24th, despite a slight recovery. This short-term price fluctuation could be a concern for investors seeking stable returns.
A Price-to-Book (P/B) ratio of 4.35, combined with high debt, might suggest the stock is trading at a premium relative to its net asset value. This could imply a higher risk if growth expectations are not met.
Domestic Institutional Investor (DII) holding has decreased from 14.72% in March 2024 to 11.37% in September 2025. This decline might signal a cautious stance from institutional investors.
What would change my mind.
Trim if P/E re-rates above 16 (~0.9× the sector multiple of 18.4). The valuation cushion thins from there.
Reassess if quarterly profit growth prints below 0% for two consecutive quarters. The bull case relies on compounding earnings.
Watch interest coverage if debt-to-equity climbs above 380.21. Balance sheet risk re-prices growth multiples fast.
Exit if ROE slips below 25%. The operating engine is no longer compounding capital efficiently.
Muthoot Finance Ltd peer comparison — same-sector benchmarks.
Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — Muthoot Finance Ltd is highlighted for quick read-across.
Quick Compare
Peer Comparison
Muthoot Finance Ltd technical analysis: indicators, pivots and CPR.
Live RSI, MACD and moving-average signals plus today's pivot and Central Pivot Range levels for Muthoot Finance Ltd — derived from the live tape, not yesterday's close.
Muthoot Finance Ltd last traded at ₹3,126.1 with an intraday range of ₹3,079.8–₹3,137.1 — live indicator, pivot and CPR signals below.
Pivot points
Standard pivot — most widely referenced.
Pivot levels · Classic
Live: ₹3126.10| Level | Price (₹) | Distance | % Δ |
|---|---|---|---|
| R4 | 3263.47 | +137.37 | +4.39% |
| R3 | 3206.17 | +80.07 | +2.56% |
| R2 | 3171.63 | +45.53 | +1.46% |
| R1 | 3148.87 | +22.77 | +0.73% |
| PIVOT | 3114.33 | -11.77 | -0.38% |
| CURRENT | 3126.10 | — | — |
| S1 | 2976.97 | -149.13 | -4.77% |
| S2 | 3034.27 | -91.83 | -2.94% |
| S3 | 3057.03 | -69.07 | -2.21% |
| S4 | 3091.57 | -34.53 | -1.10% |
MUTHOOTFIN is trading Above CPR, indicating Bullishness
CPR is Average
Day's range: 3079.8 ~ 3126
Trading Below opening range, showing Bearishness
Muthoot Finance Ltd delivery volume — last 20 sessions of conviction.
Daily traded volume and delivery percentage for Muthoot Finance Ltd over 20 sessions — the gap between intraday flipping and genuine accumulation.
Latest session delivery in Muthoot Finance Ltd stood at 48.9% of traded volume, against a 20-day average of 43.2%.
Muthoot Finance announcements: results, concalls, ratings, M&A.
Filings Muthoot Finance sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.
Muthoot Finance files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 162 documents below.
Analysts/Institutional Investor Meet/Con. Call Updates
Muthoot Finance Limited has informed the Exchange about Transcript
Copy of Newspaper Publication
Muthoot Finance Limited has informed the Exchange about Copy of Newspaper Publication
Copy of Newspaper Publication
Muthoot Finance Limited has informed the Exchange about Copy of Newspaper Publication
Copy of Newspaper Publication
Muthoot Finance Limited has informed the Exchange about Copy of Newspaper Publication
Analysts/Institutional Investor Meet/Con. Call Updates
Muthoot Finance Limited has informed the Exchange about Link of Recording
Investor decks & rating reports.
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Investor Presentation
Muthoot Finance dividend history, splits and bonus issues.
Every dividend, stock split and bonus issue Muthoot Finance has declared, sequenced by announce and record date.
Muthoot Finance corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.
About Muthoot Finance Ltd: business, sector, key facts.
What Muthoot Finance Ltd does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.
Muthoot Finance Ltd operates in the Financial Services, listed as NSE: MUTHOOTFIN, BSE: 533398.
Muthoot Finance Limited is a prominent non-banking financial company (NBFC) in India, specializing in gold loans. Its core business revolves around providing secured loans to individuals and microfinance entities, using gold jewelry as collateral. This forms the largest part of their revenue and operations, establishing them as a major player in the Indian gold loan market. Their extensive network allows them to reach a wide customer base across the country, catering to diverse financial needs related to short-term financing secured by gold assets.
Beyond gold loans, Muthoot Finance offers a diverse range of financial products and services. These include personal and business loans that are not necessarily secured by gold, expanding their reach into other segments of the lending market. They also facilitate housing finance, providing options for individuals looking to purchase or renovate properties. The company further diversifies its income streams by offering supplementary services such as money transfers, foreign exchange services, and insurance products covering health, home, vehicle, life, and travel.
To further broaden their financial portfolio, Muthoot Finance engages in the sale of investment products including mutual funds and non-convertible debentures. This allows customers to invest and manage their funds through the company's platform. They also extend their services to the corporate and SME sectors, providing tailored loan solutions to meet the financial requirements of businesses of different sizes. This diversified approach minimizes reliance on a single income stream and strengthens their overall financial stability.
In addition to their core financial services, Muthoot Finance demonstrates a commitment to renewable energy. The company generates electricity through three windmills situated in Tamil Nadu, contributing to the country's renewable energy capacity and showcasing their dedication to environmental sustainability. This aspect of their operations enhances their corporate social responsibility profile and contributes to a more holistic business model.
With a long history dating back to 1887 and headquartered in Kochi, India, Muthoot Finance has established a strong brand presence and trust within the Indian financial landscape. Their ability to adapt and diversify while maintaining a strong foundation in gold loans reflects a robust and resilient business strategy positioned for continued growth and market leadership in the Indian NBFC sector.
Questions investors ask about Muthoot Finance Ltd (MUTHOOTFIN).
Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.
01What is the current share price of Muthoot Finance Ltd (MUTHOOTFIN)?
The current share price of Muthoot Finance Ltd (MUTHOOTFIN) is ₹3,126.1. Today, the stock has declined by ₹56.30 (1.77%), trading in a range of ₹3,079.8 to ₹3,137.1. The stock opened at ₹3,126 with a trading volume of 10,96,624 shares.
02Is Muthoot Finance Ltd stock a good investment for long-term?
Muthoot Finance Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹1,25,438.83 crores, P/E ratio of 12.06, ROE of 30.41%, and ROCE of 13.20%. The dividend yield stands at 0.95%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.
03What is the 52-week high and low price of Muthoot Finance Ltd stock?
The 52-week high price of Muthoot Finance Ltd (MUTHOOTFIN) is ₹4,149.5, while the 52-week low is ₹2,476.6. Currently trading at ₹3,126.1, the stock is 38.8% away from its 52-week low and 24.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
04Should I buy Muthoot Finance Ltd stock at the current price?
Whether to buy Muthoot Finance Ltd stock at ₹3,126.1 depends on multiple factors. The stock is currently trading with a P/E ratio of 12.06 and P/B ratio of 3.27. Today's performance shows a loss of 1.77%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.
05What is the dividend yield of Muthoot Finance Ltd and when is the next dividend?
Muthoot Finance Ltd offers a dividend yield of 0.95%, which means for every ₹100 invested at the current price of ₹3,126.1, you can expect to receive approximately ₹0.95 annually as dividends. The face value of the stock is ₹10.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.
06What are the key financial ratios and metrics of Muthoot Finance Ltd?
Muthoot Finance Ltd's key financial metrics include: P/E Ratio: 12.06, P/B Ratio: 3.27, ROE: 30.41%, ROCE: 13.20%, Dividend Yield: 0.95%, EPS: ₹263.80, Book Value: ₹974.67, and Debt-to-Equity: 379.71. The company's market cap stands at ₹1,25,438.83 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
07How is Muthoot Finance Ltd stock performing today in the market?
Muthoot Finance Ltd stock opened at ₹3,126 and is currently trading at ₹3,126.1, showing a decline of ₹56.30 (1.77%). The intraday high is ₹3,137.1 and low is ₹3,079.8. The trading volume stands at 10,96,624 shares, indicating strong market participation today.
08What is the P/E ratio of Muthoot Finance Ltd and what does it indicate?
Muthoot Finance Ltd has a Price-to-Earnings (P/E) ratio of 12.06, which means investors are willing to pay ₹12.06 for every ₹1 of earnings. With an EPS of ₹263.80, this P/E ratio suggests the stock may be undervalued or facing growth challenges. Compare this with industry peers and historical P/E ratios for better context.
The data, ratios and commentary about Muthoot Finance Ltd (MUTHOOTFIN) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.
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