Muthoot

Muthoot Finance turns India's gold obsession into soaring family fortune

Their family-run gold-loan business is surging as consumers tap rising bullion prices for quick cash, driving the firm's stock to a record and lifting the Muthoot family's wealth to new heights

Muthoot Finance shines in Q1FY26 with strong AUM, margin, gold loan growth

Muthoot Finance reported strong Q1FY26 results with 42% YoY AUM growth, improved asset quality, higher yields and strong recoveries as gold loans drove profitability

Muthoot FinCorp Q1 results: Consolidated net profit dips 34% to ₹200.54 cr

Muthoot FinCorp Q1FY26 profit fell 34% to ₹200.54 crore, but revenue rose 12.83% to Rs 2,260.41 crore and AUM surged 31.85% to Rs 51,867 crore with disbursements up 53.69%

Muthoot Microfin Q1 results: Profit drops 95% to ₹6 cr on rising NPAs

Muthoot Microfin Ltd has reported a 95 per cent decline in net profit to Rs 6 crore for the first quarter ended June 2025, mainly due to a surge in bad loans. In contrast, the non-banking financial company-micro finance institution (NBFC-MFI) had earned a profit of Rs 113 crore a year ago. Its total income also declined to Rs 559 crore during the quarter from Rs 664 crore in the year-ago period. The total expenses increased to Rs 553 crore against Rs 517 crore in the same quarter a year ago. The gross non-performing assets (NPAs) more than doubled to 4.85 per cent compared to 2.10 per cent a year ago, Muthoot Microfin said in a statement on Tuesday. Similarly, its net NPA (net of Stage III provision) also jumped to 1.58 per cent from 0.71 per cent in the first quarter of the preceding fiscal.

Muthoot FinCorp launches Tranche VI NCD issue to raise ₹290 crore

The NCDs offer flexible tenures from 24 to 72 months with monthly, annual, and cumulative payouts and aim to raise up to Rs 290 crore within the Rs 2,000 crore shelf limit

S&P upgrades ratings for Shriram Finance, Muthoot & Sammaan Capital

Regulatory oversight led to more financial stability for NBFCs

Muthoot insurance arm's CEO, ex-executive accused of ₹12 cr gift card fraud

The alleged fraud took place between April 2023 and November 2024, resulting in a notional revenue loss of ₹31.28 crore

Belstar Microfinance to prioritise consolidation over growth in coming qtrs

MFI's stressed loans rise sharply to 3.5% in September from 1.47%

Gold financiers under RBI's lens: Muthoot, Manappuram Finance slip over 3%

Muthoot Finance, Manappuram Finance shares slipped after the RBI found several irregular practices being followed by gold loan financiers

Muthoot Finance diversifying loan book to make customers 'stick': MD

Firm will not sell gold loans to asset reconstruction companies as the RBI is 'not comfortable', says George Alexander Muthoot

Muthoot Finance accepts bids worth $650 million for dollar-bond issue

The non-banking finance company will use the proceeds for onward lending and other activities permitted under external commercial borrowing guidelines

Muthoot Microfin's AUM rose 32% YoY in Q4, loan disbursement highest ever

The AUM in the March quarter soared to Rs 12,194 crore as compared to Rs 9,208 crore during the same period a year ago

Major Gold financer Muthoot Fincorp launches Rs 300-cr NCDs issue

Leading gold loan financier Muthoot Fincorp on Friday said it will raise Rs 300 crore through the issue of secured, redeemable, non-convertible debentures (NCDs). The issue opened for public subscription from Friday and will be open till January 25, the company said. The company said the proposed debt issuance is within the shelf limit of the board approved plan of raising up to Rs 1,100 crore this fiscal. The base size of the third tranche is Rs 75 crore with a green shoe option of Rs 225 crore. The company offers tenure options of 24 months, 36 months, 60 months, and 96 months with monthly, annual, and cumulative payment options across options with the coupon rate ranging from 9.26-9.75 per cent.

Muthoot FinCorp to raise up to Rs 400 cr via non-convertible debentures

Muthoot FinCorp on Monday announced raising up to Rs 400 crore through issuance of non-convertible debentures (NCDs). The issue is a part of the Rs 1,100 crore debt-raising plan approved by the board, a company statement said. The base size of the issue is Rs 100 crore with a green shoe option of Rs 300 crore, it said, adding the issue will close on September 14. The issue has tenure options of 24, 36, 60, and 96 months with monthly, annual, and cumulative payment options, offering an effective annual yield of 8.65-9.43 per cent. Thiruvananthapuram-based Muthoot FinCorp is the flagship company of the 136-year-old Muthoot Pappachan Group. It has over 3,600 branches across the country. Founded in 1887, the group is into financial services, hospitality, automotive retail, realty, IT Services, healthcare, precious metals, global services and alternate energy, serving over 1 million customers.

Muthoot Finance's Q2 standalone net profit rises 11% to Rs 994 cr

The gold loan company also reported that its loan assets rose to Rs 55,147 crore as compared to Rs 47,016 crore in Q2FY21

Muthoottu Mini Financiers launches 3 zonal offices for customer experience

Muthoottu Mini Financiers Ltd, one of the largest NBFC in India, announced launch of three new zonal offices across India to upgrade operational efficiency and to provide better customer experience.

Muthoot Group Chairman, Whole Time Director M G George Muthoot passes away

Under his stewardship, Muthoot Finance achieved new heights of growth and became the market leader in the gold loan industry

Muthoot's strong Q1 show fails to cheer investors, stock sheds 4%

Concerns remain over asset quality of non-gold biz

Muthoot Finance may get added to MSCI India Index soon: Analysts

Shares of India's largest cash-for-gold lender have surged 71 per cent this year, the third-biggest gain on a gauge of the nation's top 200 firms

Income Tax raid in various premises of Muthoot firms

Income Tax department has conducted raids in the premises of Kerala-based financial institutions under the Muthoot banner, across the country. The raid is being conducted across the three major independent business entities, Muthoot Finance, Muthoot Fincorp and Mini Muthoot.Raids are being conducted from morning 6.30 am, in around 60 premises across the country, including the residence of the partners of these companies and key employees and also the corporate offices of these companies. There are around 400 members in the team of investigators, said an official on condition of anonimity.The action is based on some clues the Income Tax office has related to the accounting of gold auction proceeds, added the official. While these companies share the name Muthoot, each are working as independent business groups. Muthoot Finance, part of the diversified Muthoot Group, is a Non Banking Financial Company (NBFC) which claims as one of the largest gold financing company in terms of loan ...