Muthoot Microfin Share Price Target 2024-2030 Fundamentals & Quarterly Results

Muthoot Microfin Share Price Target 2024, 2025, 2026, 2027, 2028, 2029, 2030 Fundamentals & Quarterly Results –Muthoot Pappachan Group’s arm is Muthoot Microfin, which provides unsecured loans to women in rural regions. In April 1992, the company was founded with the intention of positioning itself as one of the fastest growing players within India’s non-bank financial services market. This has earned it a good reputation for being able to promote businesses as well as make lives better by giving loans that are inclusive while at the same time creating jobs through health and hygiene related interventions.

Latest Update -For the quarter ending March 31, Muthoot Microfin’s net profit hit Rs 120 crore, indicating a 27% year-on-year growth, along with vigorous 47% growth in net interest income reaching Rs 400 crore.

Muthoot Microfin Overview

Established in April 1992, is Muthoot Microfin Limited, a subsidiary of Muthoot Pappachan Group specializing in extending micro-loans to female clients mainly in Indian villages.

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Muthoot Microfin Business Profile

In terms of gross loan portfolio as of FY23, Muthoot Microfin is the fifth largest NBFC-MFI in India. It also ranks as the third biggest among NBFC-MFIs in South India in terms of gross loan portfolio, first in Kerala and has 16% of market share for Tamil Nadu.

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Loan Offerings

1. There are various types of group loans for livelihood solutions, they mainly include income generating loans, Pragathi loans (which are bridge loans to existing clients for working capital and income generating activities) and individual loans.
2. Life betterment solutions including loans for cell phones, solar lights, and household appliances.
3. Health and hygiene loans such as loans to improve sanitary facilities.
4. Secured loans in the form of gold loans and Muthoot Small & Growing Business (“MSGB”) loans.

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Geographical Presence

MML has 0.32 crore of customers who are active; it is served by a staff of 12297 persons located in 1339 branches distributed in 339 districts within 18 states as well as union territories in India.

Digital Infrastructure

In 2021, MML launched a custom application known as “Mahila Mitra”, to increase their digital collection groundwork which operates by including digital payment modes such as QR codes, websites, SMS based links and voice modulated payment modes.

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Digital Healthcare Facilities

By H1FY24 they had launched 460 electronic clinics across 460 branches. 14.40% of their clients signed up at these clinics, with these clinics recording 98844 medical consultations and 65878 tele consultations each.

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Loan Book

By the H1FY24, the gross loan portfolio for their cash-cow loans was to Rs.10,211 Crs, which was 93.97% of their gross loan portfolio at the time. This is mainly applied through the use of joint liability group model targeting women from poor backgrounds.

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Parent Organization

The company is part of the Muthoot Pappachan Group which is the second biggest company under Muthoot Pappachan Group, a business conglomerate that spans financial services, automotive, real estate, healthcare, IT services, precious metals and alternate energy sectors.

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Muthoot Microfin Fundamentals & Quarterly Results

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Muthoot Microfin Quarterly Results

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CAGR Report

Muthoot Microfin Shareholding Pattern

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Muthoot Microfin Share Price Target 2024-2030 Forecast

Muthoot Microfin Share Price Target 2025

Muthoot Microfin Share Price Target 2026

Muthoot Microfin Share Price Target 2027

Muthoot Microfin Share Price Target 2028

Muthoot Microfin Share Price Target 2029

Muthoot Microfin Share Price Target 2030