Muthoot Finance Limited
Credit Rating
ICRA AA+
Face Value
₹1,000
YTM
8.30%
Coupon Rate
7%
Taxability
Taxable
Issue Size
48.84Cr
Wint Wealth curatedWint Wealth's curation for Muthoot Finance Limited
Stable Portfolio Quality
Muthoot Finance has consistently maintained a standalone GNPA below 3% with negligible write-offs as the underlying collateral is a highly liquid asset (Gold).
Strong capitalisation and comfortable leverage
Muthoot Finance has a net worth of ₹20,139 Crore with a debt/equity ratio of 2.20x (As of Dec'22).
Healthy Profitability
Muthoot Finance is reporting an annual profit of more than ₹3000 Cr since FY20 with a consistent profit margin of over 30%.
Bond Key Highlights
Allotment Date
03 Nov 2022
Maturity Date
03 Nov 2025
Interest repayment frequency
Monthly
Issuer ownership
Non PSU
Seniority in repayment
Not Available
Other ratings
Not Available
How to know if a bond is right for you?
Evaluate a bond using the P3L2R framework designed by experts at Wint Wealth with these factors:
Promoters/Equity Investors
Presence of institutional investor
Portfolio Quality (GNPA)
Less than 5% GNPA
Profitability
Company should have reported profit for latest financial year
Leverage
Leverage should be less than 5x
Lenders
Diversified lender base
Rating
No downgrade in rating in last 12 months
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