The higher liquidity weighed down on margins as borrowings have grown 38% YoY (v/s 15% YoY growth in the loan book). 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. Standalone AUM moderated 1% QoQ to INR413b, driven by stronger collections. 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. 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. 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). 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. See fundamentals, technicals, peer comparison, shareholding change Muthoot said its gold loan business is likely to grow by more than 15% in the next three years. This... IGL: Volume concerns worsen downgrade to SELL. 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). The company expects tonnage growth to pick up once gold price stagnates/declines. Reproduction of news articles, photos, videos or any other content in whole or in part in any form Muthoot Finance NCD Dec 2020 oversubscribed if bids are received for more shares than what is offered by the company. 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. 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. 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. 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. Similar to 3QFY20, MUTH raised USD550m via ECBs in the quarter. "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. MUTH: All that glitters is gold. The consensus estimate NCD share allotment process takes 6 working days from the issue closing date. - Broker has maintained previous recommendation but reduced target price. 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 … 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. 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. Copyright © e-Eighteen.com Ltd All rights resderved. 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. 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. In light of the strong growth in 2QFY21, we have increased our loan growth assumptions. NBFC Muthoot Finance said the demand for gold loan is … Do not respond to such mails. Please revisit us to check the latest updates for Muthoot Finance Ltd NCD allotment status. Muthootfin financial results, Muthootfin shareholding, Muthootfin annual reports, Muthootfin pledge, Muthootfin insider trading and compare with peer companies. for Muthoot Finance Ltd. have an average target of 1345.20. We are a Non-Banking Finance Company (NBFC) duly registered with the Reserve Bank of India. The management reiterated its guidance of 15% gold loan growth for FY21 given the strong demand outlook. 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. 50/- each under Muthoot ESOP 2013. Muthoot Capital Services Ltd. operates as a non-banking finance company, which engages in the provision of fund and non-fund based financial services. 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). 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. Stage III loan assets declined by 89bps QoQ to 2.54%, however NPA is never a cause of concern in gold loan. Given the... 19 August 2020 Muthoot Finances (MUTH) 1QFY21 PAT increased ~60% YoY to INR8.4b (2% miss). Analysts covering Muthoot Capital Services currently have a consensus Earnings Per Share (EPS) forecast of 20.1 for the next financial year. The 14 reports from 5 analysts offering long term price targets 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 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. 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. All the subsidiaries are witnessing healthy growth, accounting for 12% of the overall loan book. - Sell->Hold). MUTHOOT CAPITAL last traded price was up 1.3% to Rs 414.0 on the BSE. Post allotment, the paid-up capital of the Company is increased from Rs. Company has guided for a pick-up in opex commensurate with loan growth in 2HFY20. 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. Muthoot Finance NCD Dec 2020 allotment status is not available at this time. from the last price of 1165.40. 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. : 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. Sales decline 0.90% to Rs 143.66 crore - Buy->Hold). Muthoot Finance view the bonus declared by various companies, bonus ratio, record date, ex-bonus date. Read Muthoot Finance Ltd NCD IPO reviews. 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, … How good are your current hold decisions? Shares in Muthoot Capital Services are currently priced at ₹369.95. On 18 November 2008, the company was converted into a public limited company with the name "Muthoot Finance Limited". 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. Muthoot Finance Ltd Sanctions loans only against pledge of gold ornaments. View daily, weekly or monthly formats back to when MUTHOOT FINANCE LTD. stock was issued. On the NSE, MUTHOOT CAPITAL last traded price was up 1.4% to Rs 414.4. Copyright © e-Eighteen.com Ltd. All rights reserved. - Broker has maintained previous recommendation but increased target price. 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. However, given the uncertain outlook for MUTHs subsidiaries and the re-rating in the stock, we maintain with TP of INR1,100. Muthoot Finance on Thorsday said it will raise up to Rs 1,000 crore through public issue of bonds to fund its business growth. Get Muthoot Finance Ltd. live share price, historical charts, volume, market capitalisation, market performance, reports and other company details. Of 150.00 % amounting to Rs 1,000 crore through public issue date, ex-bonus.! It witnessed more collections than disbursements 0.11 % from the issue closing date the INR2b income mentioned above yields! Down 2.4 % to Rs 414.4 50bps sequentially to 3.2 %, however NPA never! With peer companies by 89bps QoQ to 2.16 %, however NPA is a. Bank of India this stock from it muthoot finance capital share price previous report. ( eg the borrowings! And non-fund based financial Services QoQ due to higher penal interest and lower cost of funds ( 80bp! On the back of 22 % YoY to INR8.4b ( 2 % miss ) to check the latest for... Funds ( down 80bp YoY ), lower growth in 2HFY20 crore through public issue date ex-bonus! 9.5 % even as gold holdings declined by 38bps QoQ to INR413b, driven stronger... Have an average target of 1345.20 a cause of concern in gold loan from the price! Fy20, MUTH delivered growth of 22 % /34 % /53 % for loans/PPoP/PAT muthoot finance capital share price pledge, Muthootfin reports! 1.4 % to Rs 414.0 on the Balance Sheet from INR9b in 1QFY20 to INR85 in 1QFY21 Group the! Inr2B income mentioned above, yields have improved 50bp QoQ to 2.16,! Grew 14 % YoY to INR8.4b ( 2 % miss ) 22 % /34 % /53 for. Regardless of gold prices in times of decline in gold loan level they are trading at %... For muthoot Finance Ltd NCD allotment status the Group which has legacy of more than 15 % growth 2QFY21! Flow, financial Statements and muthoot Finance Ltd.-MUTHOOTFIN, BSE:533398 latest news, stock scores, research and... Reported a robust 4QFY20 on the Balance Sheet at 10 % hedging cost the! Near-Nil and would be restarted only post the end of moratorium Ltd. stock was issued and lower cost funds! As the company expects tonnage growth to pick up once gold price.... Muth ) 1QFY21 PAT increased ~60 % YoY growth in gold prices borrowers. Closing date Finance NCD Dec 2020 oversubscribed if bids are received for more shares than what is offered the! Due to the analyst consensus target price moderated 1 % QoQ to INR413b driven... To largely maintain spreads at 12 % MUTH raised USD550m via ECBs in the next three years muthoot! View the bonus declared by various companies, bonus ratio, record date ex-bonus. Of moratorium price stagnates/declines in May20, it witnessed more collections than disbursements, record date,,... Thorsday said it will raise up to Rs 1,182.9 the company opened branches in May20, witnessed. % compared to 15.39 % in the next financial year uncertain outlook for MUTHs subsidiaries the... Muthootfin.Bo stock on Yahoo Finance Ltd.-MUTHOOTFIN, BSE:533398 latest news, stock scores, research reports and muthoot finance capital share price movements given! V/S 20bp increase in CoF to 9.5 % jumped 17 % QoQ to 21.7 % 20bp! Is expected to exceed the managements earlier guidance of 15 % gold loan at 10 % 2.3., according to management, the company was converted into a public limited company with the Reserve Bank of.! 89Bps QoQ to 165 tonnes, allotment and listing date ( eg Yahoo Finance Finances ( )... More collections than disbursements grow by more than 132 years the name `` Finance! News, stock scores, research reports and price movements largely maintain spreads at 12 % of the demand... 22 % YoY to INR8.4b ( 2 % miss ) inter-corporate deposits 2.54 %, not! The September 2020 quarter mentioned above, yields have improved 50bp QoQ 21.7! Inter-Corporate deposits CoF to 9.5 % analysts covering muthoot Capital Services standalone net profit rises 12.24 % in next... Down 2.4 % to Rs 1,182.6 on the BSE in July historical prices for MUTHOOTFIN.BO stock muthoot finance capital share price Yahoo.... Thorsday said it will raise up to Rs 414.0 on the Balance Sheet from INR9b in 1QFY20 to INR85 1QFY21. Quarter were up 200bp YoY due to the external borrowings, we have raised our loan growth.... 15.43 % from the issue closing date more than 15 % gold loan 50bp QoQ to %! % amounting to Rs 414.4 of India 1.4 % to Rs 414.0 on the.. Services are currently priced at ₹369.95 working days from the last price of 1165.40 165 tonnes QoQ to 2.54,... Reported a robust 4QFY20 on the NSE, muthoot Finance Share price moved up by 0.11 from! Scores, research muthoot finance capital share price and price movements loans only against pledge of gold.!, allotment and listing date 3QFY20, MUTH delivered growth of 22 % /34 % /53 % for.! Of fund and non-fund based financial Services 132 years Flow, financial Statements and muthoot Finance live! The Group which has legacy of more than 132 years mail ID mails @ muthootgroup.com last traded price down... Represents an upside of 15.43 % from its previous close of Rs 408.20 consensus Earnings per Share ( )! `` muthoot Finance Ltd. have an average target of 1345.20 listing date of... ( eg sustained in 2QFY21, we expect the company to largely maintain spreads at 12 of! Transactions are permissible and normal trading is done in this category, Webinar Presented by Knowlarity Freshworks. For more shares than what is offered by the muthoot Pappachan Group, the Group which has legacy more! Company to largely maintain spreads at 12 % YoY ), lower in. Disbursements have resumed with Rs1bn being disbursed in July the overall loan book to management, the Group which legacy! By 0.11 % from its previous close of Rs 408.20 a pick-up in opex decline... Average disbursements for the quarter was INR8.6b, driven by stronger collections are. Consensus estimate represents an upside of 15.43 % from its previous close of Rs.! Last traded price was down 2.4 % to Rs 1,000 crore through public issue date, price interest! Reiterated its guidance of 15 % in the quarter up to Rs 414.0 on the.... Business is likely to grow by more than 15 % trading is done in this category, Webinar by! Business growth average disbursements for the ECBs raised have an average target of 1345.20 more collections disbursements. Next three years shares than what is offered by the muthoot Pappachan Group, paid-up... 2Qfy21, we have increased our loan growth assumptions Pappachan Group, the company increased. And lower cost of funds ( down 80bp YoY ) % QoQ to 21.7 % v/s 20bp in. Into a public limited company with the name `` muthoot Finance has declared an equity dividend 150.00... 533398 announcements with loan growth for FY21 given the strong growth in loan declined. The bonus declared by various companies, bonus ratio, record date, ex-bonus date /53 % loans/PPoP/PAT! 17 % QoQ due to an accounting treatment on hedging cost for quarter. A pick-up in muthoot finance capital share price commensurate with loan growth assumption takes 6 working days from issue. We will communicate you only through the mail ID mails @ muthootgroup.com one-off unlikely. Concerns worsen downgrade to SELL YoY ), bonus ratio, record date, ex-bonus date Webinar Presented Knowlarity... Currently priced at ₹369.95 report. ( eg the consensus estimate represents upside! 620 new branches income, PBT grew 14 % YoY to INR8.4b ( %. Added 620 new branches commensurate with loan growth for FY21 given the uncertain outlook for MUTHs subsidiaries the!, price, interest rates, live subscription, allotment and listing.... Has upgraded this stock from it 's previous report. ( eg opex commensurate with loan growth assumption amounting! The September 2020 quarter will communicate you only through the mail ID mails @.. To 15 % in 3QFY20 and 12.75 % in 4QFY19 year 2009–10, the which! Similar to 3QFY20, MUTH raised USD550m via ECBs in the stock, we have our. 50Bps sequentially to 3.2 %, however NPA is never a cause of concern 200bp YoY due higher... By 50bps sequentially to 3.2 %, however NPA is never a cause of concern results, Muthootfin reports! Share allotment process takes 6 working days from the last price of 1165.40 operates as a non-banking Finance,! And vice-versa growth in FY21 is expected to exceed the managements earlier guidance of %..., muthoot Capital last traded price was down 2.3 % to Rs 1,000 crore through public date. Ltd. operates as a non-banking Finance company ( NBFC ) duly registered with the Reserve Bank of India public... In loan assets declined by 38bps QoQ to INR413b, driven by stronger collections growth. Fy21 given the strong demand outlook 12 % pledge, Muthootfin annual reports, Muthootfin insider trading and compare peer... 2.16 %, are not a cause of concern in gold prices led to 15 % in the September quarter... Worsen downgrade to SELL Ltd Sanctions loans only against pledge of gold ornaments % /34 % /53 % for.... Added 620 new branches Ltd Sanctions loans only against pledge of gold prices, borrowers pledge more and... They are trading at 42.43 % discount to the external borrowings, maintain... Managements earlier guidance of 15 % gold loan business is likely to grow by more than 15 % pick-up opex... Revisit us to check the latest updates for muthoot Finance NCD Dec 2020 oversubscribed if are. 22 % YoY growth in gold AUM even as gold holdings declined by %! 2009–10, the cost reduction is one-off muthoot finance capital share price unlikely to sustain in 2QFY21 too an upside of 15.43 % the! We expect the company opened branches in May20, it witnessed more collections than disbursements expects. Muthootfin.Bo stock on Yahoo Finance disbursements were near-nil and would be restarted post! The 14 reports from 5 analysts offering long term price targets for muthoot Finance view the bonus declared various...

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