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Fundamentals for Muthoot Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
Muthoot Finance Limited, a non-banking financing company, primarily engages in the provision of gold loan in India. The company offers personal and business loans secured by gold jewelry, or gold loans primarily to individuals and micro finance. It also provides housing finance, gold coins, money transfer, and foreign exchange services; mutual funds and non-convertible debentures; health, home, vehicle, life, and travel insurance products; and vehicle, corporate, and SME loans; as well as offers banking services. In addition, the company generates electric power through three windmills with a combined capacity of 3.75 MW in Tamil Nadu. Muthoot Finance Limited was founded in 1887 and is headquartered in Kochi, India.
Revenue projections:
The projected decline in MUTHOOTFIN's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 128.286000 |
|---|---|
| forwardPE | 9.005432 |
| debtToEquity | 379.707000 |
| earningsGrowth | 1.267000 |
| revenueGrowth | 0.537000 |
| grossMargins | 1.000000 |
| operatingMargins | 0.781540 |
| trailingEps | 263.850000 |
| forwardEps | 335.975000 |
With a current ratio of 128.286, MUTHOOTFIN has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that MUTHOOTFIN is in a strong position to meet its immediate financial obligations without difficulty.
MUTHOOTFIN's high debt-to-equity ratio signals significant reliance on debt to finance its operations. This heavy leverage can increase financial risk, especially if the company faces a decline in revenue or struggles to meet its debt obligations.
Positive earnings and revenue growth for MUTHOOTFIN suggest that the company is positioned for business expansion. The company's strong financial performance indicates sustained growth, as increasing sales and profits fuel its future success.
MUTHOOTFIN's positive gross and operating margins indicate the company's ability to operate profitably. These margins reflect strong financial management, with efficient cost control contributing to sustained profitability and a solid financial outlook.
MUTHOOTFIN's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for MUTHOOTFIN's financial performance.
Price projections:
Muthoot Finance Limited's stock price has consistently been near the lower edge of expected values, indicating potential struggles in meeting growth projections. This trend may reflect a cautious market sentiment toward the company.
Recommendation changes over time:
The recent buy bias from analysts suggests MUTHOOTFIN is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, MUTHOOTFIN appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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