January 19, 2017 12:11 PM ET

Consumer Finance

Company Overview of Muthoot Finance Limited

Company Overview

Muthoot Finance Limited operates as a gold financing company in India. It operates through two segments, Financing and Power Generation. The company provides personal and business loans secured by gold jewelry primarily to individuals. It also offers gold and silver coins; and money transfer, foreign exchange, collection, microfinance, and housing finance services, as well as white label ATM services. In addition, the company provides Traveljango that provides international and domestic air ticketing service, Visa services and assistance, tour packages, hotel booking, travel insurance, and bus ticketing services; and wealth management services, including consultancy, risk and client evaluati...

Muthoot Chambers

2nd Floor

Opposite Saritha Theatre Complex

Banerji Road

Kochi,  682018

India

Founded in 1939

Phone:

91 48 4239 6478

Fax:

91 48 8221 3417

Key Executives for Muthoot Finance Limited

Managing Director and Whole Time Director
Age: 60
Total Annual Compensation: 48.0M
Executive Chairman
Age: 67
Total Annual Compensation: 48.0M
Whole Time Director
Age: 53
Total Annual Compensation: 48.0M
Senior Vice President and Whole Time Director
Age: 63
Total Annual Compensation: 48.0M
Head of Operations - North, Senior Vice President and Whole Time Directoror
Age: 35
Total Annual Compensation: 3.6M
Compensation as of Fiscal Year 2016.

Muthoot Finance Limited Key Developments

Muthoot Finance Limited Reports Standalone Unaudited Earnings Results for Second Quarter and Six Months Ended Sept. 30, 2016

Muthoot Finance Limited reported standalone unaudited earnings results for second quarter and six months ended Sept. 30, 2016. For the quarter, the company reported net sales/income from operations of INR 13,497.207 million, profit from operations before other income and finance costs and exceptional items of INR 10,516.22 million, profit from ordinary activities before tax of INR 4,623.787 million, net profit of INR 2,967.236 million or INR 7.38 per diluted share, compared to the net sales/income from operations of INR 11,225.652 million, profit from operations before other income and finance costs and exceptional items of INR 8,297.871 million, profit from ordinary activities before tax of INR 2,683.92 million, net profit of INR 1,745.042 million or INR 4.34 per diluted share, for the same quarter a year ago. For the year to date, the company reported net sales/income from operations of INR 26,209.359 million, profit from operations before other income and finance costs and exceptional items of INR 20,279.943 million, profit from ordinary activities before tax of INR 8,860.91 million, net profit of INR 5,669.918 million or INR 14.09 per diluted share, compared to the net sales/income from operations of INR 22,481.436 million, profit from operations before other income and finance costs and exceptional items of INR 16,777.04 million, profit from ordinary activities before tax of INR 5,518.74 million, net profit of INR 3,576.641 million or INR 8.9 per diluted share, for the same period a year ago.

Muthoot Finance Ltd Announces Private Placement of Redeemable Non-Convertible Debentures

Muthoot Finance Ltd. announced that the Board of Directors of the Company in its meeting held on November 11, 2016 decided to raise funds up to an amount of INR 10,000 million by way of Private Placement(s) of Redeemable Non-Convertible Debentures to be issued in one or more tranches. NCD Private Placement and Transfer Committee of Board is authorized by Board of Directors to decide from time to time about tranches and allied matters as per financial requirements of the Company.

Muthoot Finance Limited, Q2 2017 Earnings Call, Nov 11, 2016

Muthoot Finance Limited, Q2 2017 Earnings Call, Nov 11, 2016

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 31, 2016
Belstar Investment and Finance Private Limited
Merger/Acquisition
July 27, 2016
Belstar Investment and Finance Private Limited
Private Placement
July 27, 2016
Belstar Investment and Finance Private Limited
 

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