Muthoot Finance Ltd

(MUTHOOTFIN)

Muthoot Finance Reports Strong Q3 Growth - 20 Nov, 2024

Muthoot Finance's consolidated net sales for September 2024 reached Rs 4,928.82 crore, a 36.68% increase year-on-year. Net profit rose 20.01% to Rs 1,271.60 crore, with EBITDA up 28.52%. The stock closed at Rs 1,885.65 on November 14, 2024, reflecting a 10.70% return over six months and 42.11% over twelve months.

Muthoot Finance Reports Growth and New Funding Approval - 19 Nov, 2024

Muthoot Finance demonstrates strong growth in its gold loan business, receiving RBI approval for $1 billion in ECBs. Despite positive performance, analysts maintain a Neutral rating due to limited upside potential.

Muthoot Finance Reports Strong Growth and AUM Surge - 18 Nov, 2024

Muthoot Finance's shares surged following strong quarterly results, with AUM growth guidance raised to 25%. The company reported a 26% increase in net profit and a significant rise in gold loan demand due to regulatory changes.

Muthoot Fincorp Expands Product Portfolio and Branch Network - 16 Nov, 2024

Muthoot Fincorp is diversifying its offerings to include mortgage and digital lending, aiming for a 20% non-gold asset mix. The company plans to expand its branch network into northern states and has no immediate IPO plans.

Muthoot Finance Reports Strong Q2 Growth - 15 Nov, 2024

Muthoot Finance announced robust Q2 FY25 results, with a 26% YoY increase in net profit to ₹1,251 crore and a 31% growth in loan assets. The company anticipates continued growth in its gold loan business amid a slowdown in unsecured lending by banks and NBFCs.

Muthoot Finance Reports Strong Q2 Earnings Growth - 14 Nov, 2024

Muthoot Finance's Q2 FY25 results show a net profit of ₹1,321 crore, a 20.6% increase year-over-year. Revenue also rose significantly, reflecting strong performance across its financial services.

Muthoot Finance Shares Dip Ahead of Q2 Results - 13 Nov, 2024

Muthoot Finance shares fell nearly 1% to ₹1,775.70 ahead of the Q2 FY25 earnings announcement. Analysts predict a decline in Non-Interest Income but an increase in net profit year-over-year.

Muthoot Finance Positioned for Growth Amid Gold Surge - 30 Oct, 2024

Muthoot Finance is poised for growth as gold prices hit record highs, with projected loan growth and profitability improvements. Analysts expect a 19% CAGR in profits, driven by rising gold prices and operational leverage. The company plans to open 150-200 new branches annually to enhance customer acquisition, maintaining low asset quality risk.

Muthoot Finance Shares Rise Amid Festive Optimism - 29 Oct, 2024

Muthoot Finance shares increased by 0.59% to ₹1,937.50, reflecting investor optimism towards gold-linked financial products as demand for loans against gold rises during the festive season.

Muthoot Finance Successfully Raises ₹3,350 Crore - 23 Oct, 2024

Muthoot Finance has raised ₹3,350 crore via Senior Secured Notes under its $2 billion program, attracting significant global investor interest and achieving a 3.9x oversubscription.