8.00%Muthoot Finance Limited 04 Oct 2028
ISIN:
INE414G07IO3
Taxable
Tax Category
04 Oct, 2028
Maturity Date
(4 Yr 2 Mo 7 D to mature)
Yearly
Interest Payment Frequency
No
NRI Eligibility
04 Oct, 2023
Allotment Date
NA
Put Date
04 Oct, 2024
Next Interest Payment Date
15 days
Shut Period
Both
Active on NSDL/CDSL
Non-Guaranteed
Type of Guarantee
No
Perpetual
IPO
Mode of Issue
Listed
Listing Details
Non Public Sector Undertaking
Type of Issuer
Quote Not Available
Dirty Price
YOUR EARNING
Your Investment
Final Payout
₹0
Year
Payment Schedule(Date)
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*All Interest Payments will be subject to TDS (Not Applicable on Government Securities and Tax Free Bonds)
YOUR RISK
Repayment Priority
Higher the level, higher the priority of investment repayment on default
Security with Collateral?
An investment secured with collateral helps
ISSUER
Muthoot Finance Limited
Muthoot Finance Limited (MFL) is the flagship company of the Kerala-based business house, The Muthoot Group, which has diversified operations in financial services, healthcare, education and hospitality. MFL was incorporated in 1997 and is India’s largest gold loan focussed NBFC. The company derives a major portion of its business from South India, where gold loans have traditionally been accepted as a means of availing short-term credit, although it has increased its presence beyond South India over the last few years.
The ratio in FY24 is 5.78x and it was 5.89x in FY23, indicating slight decrease in debt levels due to increase in profitability of the issuer in FY24.
Debt/EBITDA
The ratio in FY24 is 2.17x and it was 2.26x in FY23, indicating slight decrease in debt servicing ability of the issuer due to increase in the finance cost.
Interest coverage ratio
Recent News
Muthoot Finance posts 14% growth in net profit at ₹984 cr in Q2FY24
Mar 26, 2024 | Muthoot Finance Limited
Muthoot Finance Asset Quality, Recovery Excellent For Gold Loans
Mar 26, 2024 | Muthoot Finance Limited
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