NSE: MUTHOOTFIN | BSE: 533398

Turnaround Potential

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2649.80 -10.80 (-0.41%)

New 52W High in past week

481.4K NSE+BSE Volume

NSE 08 Jul, 2025 3:31 PM (IST)

106,381.1

Market Cap

High in industry

0.7

Beta 1Year

Very Low volatility

Muthoot Finance Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MUTHOOTFIN, BSE:533398 Muthoot Finance Ltd.

Muthoot Finance Ltd.

09 Nov 2021

2649.80

-0.41%

Muthoot Finance

Buy: Muthoot Finance Ltd.

Target

ICICI Securities Limited

...

Muthoot Finance Ltd. has gained 46.35% in the last 1 Year

Muthoot Finance Ltd.

08 Nov 2021, 12:00AM

2649.80

-0.41%

Q2FY22 Result Update - Strong earnings performance - BUY

Buy: Muthoot Finance Ltd.

Target

Prabhudas Lilladhar

underlying asset price fluctuations, gold AUMs grew 5%QoQ/18%YoYin commensurate with gold holdings per branch, customer accretion stood robust (46%+QoQ increase in fresh loans from new customers, 30%QoQ of fresh loans with new collaterals) and tonnage growth was healthy (9%YoY/4%QoQ). MUTH clocked 18%YoY loan growth and traction in tonnage inched up QoQ. While asset quality marginally deteriorated (Stage 3: 1.85% vs 1.22%: Q1FY22) with Co. doubling provisions QoQ, we reckon it's a...

Muthoot Finance Ltd. is trading above all available SMAs

Muthoot Finance Ltd.

08 Nov 2021, 12:00AM

2649.80

-0.41%

Healthy Gold loan growth; gold auctions still minuscule

Buy: Muthoot Finance Ltd.

Target

Motilal Oswal

It posted an OPEX beat of 6% OPEX declined by 2% YoY, but grew 10% QoQ to INR4.4b. The cost ratio declined by 80bp YoY to 3.3%. PPOP (3% beat) grew by 17% YoY and 6% QoQ to INR14.14b. Gross Stage 3 increased by 63bp QoQ to 1.85% in 2QFY22. We expect MUTH to deliver standalone AUM growth of ~17%/14% in FY22E/FY23E. RoA/RoE is likely to remain robust (6%/23%) over the medium term. We cut our FY22E/FY23E EPS estimate by ~2%/1% to factor in slightly...

Number of FII/FPI investors increased from 612 to 703 in Mar 2025 qtr.

Muthoot Finance Ltd.

22 Oct 2021

2649.80

-0.41%

Pick of the Week - Muthoot Finance Limited

Buy: Muthoot Finance Ltd.

Edelweiss

Muthoot is the largest gold-financing NBFC

Muthoot Finance Ltd. is trading above all available SMAs

Muthoot Finance Ltd.

06 Oct 2021

2649.80

-0.41%

Muthoot Finance

Buy: Muthoot Finance Ltd.

ICICI Securities Limited

Muthoot Finance Ltd. has an average target of 2338.00 from 4 brokers.

Muthoot Finance Ltd.

09 Aug 2021

2649.80

-0.41%

Muthoot Finance: Q1FY22 Result Review

Buy: Muthoot Finance Ltd.

Target

IDBI Capital

Muthoot Finance (MUTH) reported strong growth in gold AUM at 29% YoY vs 27% YoY (FY21). Overall cons. AUM grew by 25% YoY; management guided for 15% plus growth on conservative basis in FY22. Profitability growth was lower at 15% due to higher provisions. NII grew by 18% YoY led by decline in margins; while PPoP grew by 17% YoY led by lower other income. Provisions increased by 131% YoY (up 203% QoQ) due to asset quality deterioration. Stage III loan assets increased to 1.2% vs 0.9% QoQ, while Company carries excess provision of Rs2.95bn in balance sheet. On Non gold portfolio front, Restructuring stood at Rs17.3bn, however, stage III in VF and MFI business stands...

Muthoot Finance Ltd. has gained 46.35% in the last 1 Year

Muthoot Finance Ltd.

07 Aug 2021, 12:00AM

2649.80

-0.41%

Q1FY22 Result Update - Low risk, high reward play - BUY

Buy: Muthoot Finance Ltd.

Target

Prabhudas Lilladhar

Auction at mere Rs370mn due to higher than peer tenure (12-month) despite underlying asset price fluctuations and tepid customer accretion (30%+QoQ decline in fresh loans from new customers) led by second wave challenges, MUTH clocked 29%YoY loan growth and maintained sequential steady traction in tonnage movement. Asset quality marginally deteriorated (Stage 3: 1.2% vs 0.9%: Q4FY21) with Co. tripling provisions QoQ largely to tackle subsidiaries book. Auction value at Rs370mn (<0.1% of gold loans)...

Muthoot Finance Ltd. is trading above all available SMAs

Muthoot Finance Ltd.

06 Jul 2021

2649.80

-0.41%

Apr-Jun'21 Earnings Preview - Second wave impact a dampener

Buy: Muthoot Finance Ltd.

Prabhudas Lilladhar

While early greenshoots were visible closer to Q4FY21, the second wave impact led to U-turn with NBFCs expected to take huge brunt. We reckon this impact to stand pronounced than the first wave especially when it comes to asset quality. Collection efficiencies across business segments took a toll in the months of May-Jun'21 (CE <60%), due to stringent lockdowns followed by disruption in business activities. With regulatory dispensations behind (morat, restructuring), we will closely monitor credit profiles of micro financiers, small ticket MSME and vehicle financiers. We also note good...

Number of FII/FPI investors increased from 612 to 703 in Mar 2025 qtr.

Muthoot Finance Ltd.

29 Jun 2021

2649.80

-0.41%

Company Update - In top gear - BUY

Buy: Muthoot Finance Ltd.

Target

Prabhudas Lilladhar

We reiterate BUY' rating on MUTH and tweak our core book multiple higher Change in Estimates | Target | Reco (standalone: Rs1,686, subsidiary: Rs14) (earlier Rs1,486). We have revised...

Muthoot Finance Ltd. has gained 46.35% in the last 1 Year

Muthoot Finance Ltd.

03 Jun 2021

2649.80

-0.41%

Muthoot Finance: Q4FY21 Result Review

Buy: Muthoot Finance Ltd.

Target

IDBI Capital

Muthoot Finance (MUTH) reported strong growth in gold AUM at 27% YoY vs 21% YoY (FY20) (32% YoY in Q3FY21). Overall AUM grew by 24% YoY; management guided for 15% growth on conservative basis in FY22. Profitability growth was lower at 22%. NII grew by 16% YoY led by decline in margins; while PPoP grew by 24% YoY led by improvement in cost to income ratio (28% vs 33% YoY). Provisions declined sequentially by 81% while up 131% YoY. Stage III loan assets improved to 0.88% vs 1.30% QoQ, while Company carries excess provision of Rs2.95bn in balance sheet. On Non gold portfolio front, Restructuring stood at Rs0.06bn, however, stage III in VF and MFI business stands...

Muthoot Finance Ltd. has gained 46.35% in the last 1 Year

Is Muthoot Finance Ltd. worth buying?

492 Votes:

Buy 75.2%

Sell 14.43%

Hold 10.37%

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