Revenue from the company’s operations rose 36% year-on-year from 3,820 crore last year to 5,190 crore in the third quarter. Interest income also rose sharply, reaching Rs 5,067 in the December quarter.
Muthoot Finance has reported the highest consolidated loan assets (AUM) ever at Rs 1.11 crore as of December 31, 2024. During the quarter, gold loan assets increased by 6,800 Rs, while consolidated loan AUM increased by 7% and 7%. Rs 1,11,308, up from 34% year-on-year.
Chairman George Jacob Mast attributed growth to strong macroeconomic conditions and government policy support. “Among the lucrative macroeconomic indicators, the announcement of positive tax reforms in the union budget is expected to begin the consumption cycle,” he said, and measures to improve the liquidity of the Reserve Bank of India and potentially He added that speed reductions could further boost economic activity.
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Managing Director George Alexander Masuto noted that the company is expanding its non-interest loan segment with the aim of contributing 18-20% over the next five years. The housing finance sector paid Rs 880 in the first nine months of fiscal 2025, up from Rs 493 a year ago. The company has eased payments in the microfinance segment due to industry challenges, but is looking forward to a recovery in the next few quarters.
The company’s shares closed in red at Rs 2,176.85 on Wednesday ahead of the earnings announcement. According to Trendine data, analysts remain split on stock outlook. We recommend that 13 of the 26 analysts suggest “buying”, five suggest “holding”, and two people sell advice. The consensus target price of Rs 2,161 means a potential downside of 7% from the current level.
Muthoot Finance’s shares have skyrocketed above 72% over the past year, resulting in a 23% return over the past six months. Shares have risen 2.6% over the past week.
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