Financials Muthoot Finance Limited

Equities

MUTHOOTFIN

INE414G01012

Consumer Lending

Market Closed - NSE India S.E. 05:13:48 26/04/2024 pm IST 5-day change 1st Jan Change
1,688 INR +1.99% Intraday chart for Muthoot Finance Limited +2.19% +14.34%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,46,647 2,45,896 4,83,802 5,34,170 3,93,399 6,77,647 - -
Enterprise Value (EV) 1 2,46,647 2,45,896 4,83,802 5,34,170 3,93,399 6,77,647 6,77,647 6,77,647
P/E ratio 12.5 x 8.15 x 13 x 13.5 x 11.3 x 16.9 x 14.5 x 12.8 x
Yield 1.95% 2.45% 1.66% 1.5% 2.25% 1.35% 1.51% 1.73%
Capitalization / Revenue 3.59 x 2.82 x 4.58 x 4.82 x 3.74 x 8.62 x 7.51 x 6.52 x
EV / Revenue 3.59 x 2.82 x 4.58 x 4.82 x 3.74 x 8.62 x 7.51 x 6.52 x
EV / EBITDA 46,05,320 x 35,68,138 x - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.52 x 2.12 x 3.17 x 2.91 x 1.87 x 2.82 x 2.45 x 2.14 x
Nbr of stocks (in thousands) 4,00,661 4,01,037 4,01,196 4,01,345 4,01,448 4,01,462 - -
Reference price 2 615.6 613.2 1,206 1,331 980.0 1,688 1,688 1,688
Announcement Date 13/05/19 17/06/20 02/06/21 26/05/22 19/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 68,782 87,146 1,05,572 1,10,823 1,05,148 78,600 90,244 1,03,933
EBITDA 53,557 68,914 - - - - - -
EBIT 1 31,044 41,531 51,015 54,364 47,270 55,193 64,323 73,342
Operating Margin 45.13% 47.66% 48.32% 49.05% 44.96% 70.22% 71.28% 70.57%
Earnings before Tax (EBT) 1 30,768 40,574 50,065 53,094 46,664 53,835 62,186 70,521
Net income 1 19,721 30,183 37,222 39,543 34,735 40,009 46,431 52,690
Net margin 28.67% 34.63% 35.26% 35.68% 33.03% 50.9% 51.45% 50.7%
EPS 2 49.18 75.21 92.71 98.50 86.52 99.77 116.1 132.4
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 12.00 15.00 20.00 20.00 22.00 22.85 25.57 29.15
Announcement Date 13/05/19 17/06/20 02/06/21 26/05/22 19/05/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 27,138 28,304 28,682 26,699 25,039 24,977 26,598 28,534 29,987 30,597 31,677 26,509
EBITDA - - - - - - - - - - - -
EBIT 1 13,338 14,142 14,666 12,218 10,241 11,487 12,624 12,917 14,006 13,422 13,942 14,131
Operating Margin 49.15% 49.96% 51.13% 45.76% 40.9% 45.99% 47.46% 45.27% 46.71% 43.87% 44.01% 53.31%
Earnings before Tax (EBT) 1 13,001 13,398 13,777 12,918 10,818 11,614 12,068 12,164 13,145 13,302 13,805 13,998
Net income 1 9,712 9,940 10,289 9,603 8,020 8,672 9,017 9,027 9,751 9,910 10,273 10,306
Net margin 35.79% 35.12% 35.87% 35.97% 32.03% 34.72% 33.9% 31.63% 32.52% 32.39% 32.43% 38.88%
EPS 2 24.18 24.77 25.63 23.92 19.97 21.61 22.46 22.48 24.29 24.68 25.59 25.52
Dividend per Share - - - - - - - - - - - -
Announcement Date 06/08/21 04/11/21 12/02/22 26/05/22 12/08/22 10/11/22 06/02/23 19/05/23 11/08/23 09/11/23 14/02/24 -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 22.4% 38% 27.8% 23.5% 17.6% 17.9% 17.9% 17.7%
ROA (Net income/ Total Assets) 5.73% 9.17% 6.53% 5.9% 4.85% 5.09% 5.11% 5.1%
Assets 1 3,44,305 3,29,282 5,69,619 6,70,098 7,15,867 7,86,317 9,08,586 10,33,469
Book Value Per Share 2 244.0 289.0 380.0 457.0 525.0 600.0 688.0 790.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 13/05/19 17/06/20 02/06/21 26/05/22 19/05/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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