Muthoot Finance (MFL) reported a robust 4QFY20 on the back of 22% YoY growth in loan assets. Customer footfall at 65-70% of run-rate now. .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 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? -17.50 The 14 reports from 5 analysts offering long term price targets 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. Stage III loan assets declined by 89bps QoQ to 2.54%, however NPA is never a cause of concern in gold loan. On the NSE, MUTHOOT CAPITAL last traded price was up 1.4% to Rs 414.4. 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 declined by 38bps QoQ to 2.16%, however NPA is never a cause of concern in gold loan. Standalone AUM moderated 1% QoQ to INR413b, driven by stronger collections. 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. Company has guided for a pick-up in opex commensurate with loan growth in 2HFY20. 1165.40 During the year 2009–10, the company added 620 new branches. Opex grew 8% YoY to INR3.97b. 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. Opex jumped 17% QoQ due to an accounting treatment on hedging cost for the ECBs raised. MUTHOOT CAPITAL last traded price was up 1.3% to Rs 414.0 on the BSE. 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. See fundamentals, technicals, peer comparison, shareholding change - Broker has maintained previous recommendation but reduced target price. Muthoot Finance (MUTH), one of our top picks, reported robust growth in profitability (60% YoY) as well AUM (22% YoY Cons.) MFI disbursements have resumed with Rs1bn being disbursed in July. The consensus estimate represents an upside of 11.10% from the last price of 1210.75. 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. or medium without express writtern permission of moneycontrol.com is prohibited. Muthoot Finance NCD Dec 2020 allotment status is not available at this time. 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. spreads were up 200bp YoY due to higher penal interest and lower cost of funds (down 80bp YoY). The management reiterated its guidance of 15% gold loan growth for FY21 given the strong demand outlook. Muthoot Finance Ltd Live BSE Share Price today, Muthootfin latest news, 533398 announcements. in 4QFY20. Dec 10,2020 04:47 PM. We will communicate you only through the mail ID mails@muthootgroup.com. The higher liquidity weighed down on margins as borrowings have grown 38% YoY (v/s 15% YoY growth in the loan book). Stage III loan assets though increased by 50bps sequentially to 3.2%, are not a cause of concern. Muthoot Capital Share Price Update Muthoot Capital Services Ltd. share price moved up by 0.11 % from its previous close of Rs 408.20. 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. Get Muthoot Finance latest Consolidated Cash Flow, Financial Statements and Muthoot Finance detailed profit and loss accounts. 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 - Broker has maintained previous recommendation but increased target price. 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. However, disbursements picked up toward end-1QFY21 and have sustained in 2QFY21 too. Overall growth in FY21 is expected to exceed the managements earlier guidance of 15%. Spreads for the quarter stood at 14.74% compared to 15.39% in 3QFY20 and 12.75% in 4QFY19. Shriram Transport climbs on fixing rights issue price Muthoot Finance has allotted 16,905 equity shares of face value of Rs. NII grew by 30% YoY led by improvement in margins; while PBT grew by 38% YoY led by lower provisions (down 76% YoY). Represents Equity.Intra - day transactions are permissible and normal trading is done in this category, Webinar Presented by Knowlarity & Freshworks. Muthoot Finance NCD Dec 2020 oversubscribed if bids are received for more shares than what is offered by the company. However, according to management, the cost reduction is one-off and unlikely to sustain. NBFC Muthoot Finance said the demand for gold loan is … We are a Non-Banking Finance Company (NBFC) duly registered with the Reserve Bank of India. 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. On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". 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%). Read Muthoot Finance Ltd NCD IPO reviews. 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. Muthoot Capital Services Ltd.is promoted by the Muthoot Pappachan Group, the group which has legacy of more than 132 years. 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. Muthootfin financial results, Muthootfin shareholding, Muthootfin annual reports, Muthootfin pledge, Muthootfin insider trading and compare with peer companies. Given the... 19 August 2020 Muthoot Finances (MUTH) 1QFY21 PAT increased ~60% YoY to INR8.4b (2% miss). Muthoot Finance NCD Dec 2020 public issue date, price, interest rates, live subscription, allotment and listing date. Muthoot said its gold loan business is likely to grow by more than 15% in the next three years. Get Muthoot Finance Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. On the NSE, MUTHOOT FINANCE last traded price was down 2.3% to Rs 1,182.9. How good are your current hold decisions? Kotak Securities has buy call on Muthoot Finance NSE -2.33 % with a target price of Rs 1290. 4,01,17,22,160 consisting of 40,11,72,216 equity shares of Rs. Get todays Live Stock Price for Muthoot Finance with Performance, Fundamentals, Market Cap, Share holding, financial report, company profile, … Muthoot Finance Ltd.-MUTHOOTFIN, BSE:533398 Latest news, stock scores, research reports and price movements. As the company opened branches in May20, it witnessed more collections than disbursements. The current market price of Muthoot Finance Ltd. is Rs 1231.65. Copyright © e-Eighteen.com Ltd. All rights reserved. Muthoot Capital Services Ltd. operates as a non-banking finance company, which engages in the provision of fund and non-fund based financial services. The company made INR48m provisions during the quarter. 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. 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. 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%). 2Qfy21, we have raised our loan growth in gold loan Finance has declared an equity dividend 150.00. Its gold loan growth assumption offering long term price targets for muthoot Finance live. Business growth INR413b, driven by stronger collections live BSE Share price Update Capital... To INR8.5b excluding this one-time income, PBT grew 14 % YoY growth in loan assets by... Raise up to Rs 414.0 on the NSE, muthoot Finance limited.! 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