Introducing Muthoot Finance Limited (MFL), your go-to Non-Banking Financial Company (NBFC) for hassle-free gold loans! With a strong foothold in Southern India, MFL has seen an incredible surge in its gold loan book, which has more than doubled over the last five years, soaring to approximately Rs. 79,500 crore as of Q2FY24.
This remarkable growth underscores the immense relevance and importance of the gold loan industry, not just in India but also globally. In India, where gold is not just precious but also deeply ingrained in culture, Muthoot Finance plays a vital role in providing quick financial solutions, especially in rural and semi-urban areas.
Moreover, in the global arena, gold-backed financing has long been regarded as a safe and stable investment during uncertain times. So, can Muthoot Finance reach its bold price target of 10k? Let’s delve deeper into the exciting journey ahead and see where it takes us!
About Muthoot Finance
Recent News Around Muthoot Finance
Muthoot Finance Q4 Fy2024 Key Points and Summary:
- Muthoot Microfin, based in Kochi, saw a robust 32% year-on-year growth in its Assets Under Management (AUM) in Q4 FY24.
- The AUM surged to Rs 12,194 crore, a substantial increase from Rs 9,208 crore in the corresponding period of the previous year.
- FY24 marked the company’s highest-ever loan disbursements in a single financial year, with disbursements rising by 32% year-on-year to Rs 10,662 crore.
- This growth was driven by a strategic combination of credit expansion, improved margins, and reduced credit costs, ensuring a robust asset quality throughout the fiscal year.
- The Collection Efficiency (CE) stood at an impressive 98.4%, marking a significant increase from 95.8% in FY23.
- The company expanded its active customer base by 21% to reach 3.35 million customers as of March 31, 2024.
- Digital initiatives, including the Mahila Mitra app, witnessed substantial growth, with cumulative downloads reaching 1.63 million.
- Muthoot Microfin plans to focus on AUM growth, asset quality, digital inclusion, customer retention, and geographic expansion in the next financial year.
Muthoot Finance Share Price Target 2024 To 2030
Muthoot Finance Share Price Target 2024
Muthoot Finance Share Price Target 2025
when | Maximum Price | Minimum Price |
January 2025 | ₹1,760.07 | ₹1,353.90 |
February 2025 | ₹1,805.20 | ₹1,388.61 |
March 2025 | ₹1,875.60 | ₹1,442.77 |
April 2025 | ₹1,838.82 | ₹1,414.48 |
May 2025 | ₹1,785.27 | ₹1,373.28 |
June 2025 | ₹1,865.60 | ₹1,435.08 |
July 2025 | ₹1,829.02 | ₹1,406.94 |
August 2025 | ₹1,885.59 | ₹1,450.45 |
September 2025 | ₹1,951.59 | ₹1,501.22 |
October 2025 | ₹2,002.33 | ₹1,540.25 |
November 2025 | ₹2,052.38 | ₹1,578.76 |
December 2025 | ₹2,103.69 | ₹1,618.23 |
In 2025, Muthoot Finance’s share price is expected to continue its upward trajectory, reaching new highs. The maximum price is projected to rise steadily from ₹1,760.07 in January to ₹2,103.69 in December, showcasing consistent growth throughout the year. Similarly, the minimum price is anticipated to increase from ₹1,353.90 to ₹1,618.23 during the same period. This indicates a positive outlook for investors, with expected prices demonstrating a continuous upward trend. By leveraging its strong market position and financial performance, Muthoot Finance is poised to achieve higher valuation targets, offering potential returns to shareholders in the coming year.
Muthoot Finance Share Price Target 2026 To 2030
Year | Maximum Price (₹) | Minimum Price (₹) |
---|---|---|
2026 | ₹2,208.88 | ₹1,546.22 |
2027 | ₹2,429.77 | ₹1,700.84 |
2028 | ₹3,401.67 | ₹1,700.84 |
2029 | ₹2,945.17 | ₹1,472.59 |
2030 | ₹3,828.72 | ₹2,680.11 |
In the forecast for Muthoot Finance’s share prices from 2026 to 2030, a significant upward trend is anticipated, reflecting the company’s robust performance and market potential. The maximum price is expected to climb steadily over the years, reaching ₹3,828.72 in 2030, while the minimum price is also projected to increase, albeit with some fluctuations, to ₹1,472.59 in 2029 before rising to ₹2,680.11 in 2030. This forecast suggests continued growth opportunities for investors, underpinned by Muthoot Finance’s strong market position and steady financial performance. As the company continues to expand its operations and capitalize on emerging opportunities, it is expected to deliver favorable returns for shareholders over the forecast period.
Muthoot Finance’s Financial Condition (Last 5 Years)
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
Revenue | 6,878 | 8,715 | 10,557 | 11,082 | 10,515 | 12,080 |
Interest | 2,243 | 2,796 | 3,699 | 3,845 | 3,709 | 4,373 |
Expenses + | 1,518 | 1,827 | 1,818 | 1,891 | 2,110 | 2,462 |
Financing Profit | 3,117 | 4,092 | 5,040 | 5,347 | 4,696 | 5,245 |
Financing Margin % | 45% | 47% | 48% | 48% | 45% | 43% |
Other Income + | 2 | 8 | 17 | 16 | 29 | 60 |
Depreciation | 42 | 43 | 51 | 54 | 58 | 63 |
Profit before tax | 3,077 | 4,057 | 5,007 | 5,309 | 4,666 | 5,242 |
Tax % | 36% | 26% | 26% | 26% | 26% | |
Net Profit + | 1,972 | 3,018 | 3,722 | 3,954 | 3,474 | 3,896 |
EPS in Rs | 49.22 | 75.26 | 92.78 | 98.53 | 86.52 | 97.06 |
Dividend Payout % | 24% | 20% | 22% | 20% | 25% |
Over the past five years, Muthoot Finance has demonstrated a consistent growth trajectory, as evidenced by its financial performance. The company’s revenue has exhibited a steady increase from ₹6,878 crore in March 2019 to ₹12,080 crore in the trailing twelve months (TTM) period, reflecting a robust growth of approximately 75%. Despite facing some fluctuations, the financing margin has remained relatively stable, hovering around 45% to 48%, indicating the company’s ability to effectively manage its financing activities.
Moreover, Muthoot Finance has maintained a healthy profitability, with its net profit escalating from ₹1,972 crore in March 2019 to ₹3,896 crore in the TTM period. The earnings per share (EPS) has also witnessed substantial growth, surging from ₹49.22 to ₹97.06 during the same period. Additionally, the company has sustained a reasonable dividend payout ratio, fluctuating between 20% and 25%, signifying its commitment to rewarding shareholders while retaining sufficient earnings for reinvestment and growth.
Despite encountering challenges such as fluctuations in interest rates and regulatory changes, Muthoot Finance has effectively navigated through the landscape, leveraging its expertise in gold financing to drive sustainable growth and profitability. With a strong financial foundation and a proven track record of performance, the company appears well-positioned to capitalize on future opportunities in the financial services sector.
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