Investor Relations

CEO's Message

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Our dedication to providing innovative and tailored financial solutions with technological advancements has been instrumental in achieving these commendable results. Our assets under management have grown 5% q-o-q and 39% y-o-y to ₹114,581.37 million, with PAT soaring by 119% y-o-y to ₹1,245.7million for the Quarter ending December 2023. Our digital collection is growing steadily with 26.28% of overall collections, a 7% q-o-q and 5% y-o-y growth. The improved NPA figures (NNPA of 0.33%) underscore our commitment to maintaining a healthy loan portfolio. All the key indicators are showing tremendous growth and the macro-economic outlook of the country is favorable to industry for us to sustain this growth rate.

SADAF SAYEED

Chief Executive Officer (CEO) img

Q3, FY24 Highlights

Business Highlights

GLP grew by 38.64% YoY from Rs. 8,264.59 crore to Rs. 11,458.14 crore

Borrower base grew by 26.67% YoY from 25.88 lakhs to 32.78 lakhs across 1,424 branches. The branch count grew by 30.88% YoY

Collection Efficiency of 98.44%.

The GNPA of the Company is at 2.29% as against GNPA of 3.49% a year ago, NNPA stood at 0.33% as against 0.97% last year. The GNPA improved by 120 bps and NNPA by 64 bps

Employee count at 13,067; RO count at 7,996

Financial Highlights

Total income increased by 52.61% YoY from Rs. 383.21 crore to Rs. 584.83 crore

Net interest income (NII) increased by 53.07% YoY from Rs. 224.13 crore to Rs. 343.07 crore

Pre-provision operating profit (PPOP) increased by 71.97% YoY from Rs. 106.01 crore to Rs. 182.31 crore

Profit After Tax (PAT) increased by 119.06% YoY from Rs. 56.86 crore to Rs. 124.57 crore

Robust liquidity of Rs. 1,179.19 crore of unencumbered cash and cash equivalents, 10.52% of the total assets alongside unutilized sanctions totaling Rs. 2,002 crores.

Healthy capital position with a CRAR of 29.57%

Credit Rating: A+/Stable and grading M1C1 by CRISIL.

26.28% of our collections are via digital channels such as UPI/Customer App, while 100% disbursements are entirely executed digitally.

Awards

Muthoot Microfin has been recognised as Great Place To Work 2024 – 2025

Muthoot Microfin awarded Gold Level Certification for Client Protection by M-CRIL

Financials and Investor Presentations

Investor Calendar

Stakeholders’ Information

Investor Contacts

Muthoot Microfin

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