Muthoot Finance Limited (MUTHOOTFIN) - Net Assets

Latest as of December 2025: Rs362.18 Billion INR ≈ $3.92 Billion USD

Based on the latest financial reports, Muthoot Finance Limited (MUTHOOTFIN) has net assets worth Rs362.18 Billion INR (≈ $3.92 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs1.80 Trillion ≈ $19.49 Billion USD) and total liabilities (Rs1.44 Trillion ≈ $15.57 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Muthoot Finance Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs362.18 Billion
% of Total Assets	20.1%
Annual Growth Rate	35.73%
5-Year Change	90.32%
10-Year Change	429.92%
Growth Volatility	34.62

Muthoot Finance Limited - Net Assets Trend (2006–2025)

This chart illustrates how Muthoot Finance Limited's net assets have evolved over time, based on quarterly financial data. Also explore MUTHOOTFIN total asset value for the complete picture of this company's asset base.

Annual Net Assets for Muthoot Finance Limited (2006–2025)

The table below shows the annual net assets of Muthoot Finance Limited from 2006 to 2025. For live valuation and market cap data, see MUTHOOTFIN market cap.

Year	Net Assets	Change
2025-03-31	Rs299.93 Billion ≈ $3.24 Billion	+16.46%
2024-03-31	Rs257.54 Billion ≈ $2.79 Billion	+16.26%
2023-03-31	Rs221.53 Billion ≈ $2.40 Billion	+15.75%
2022-03-31	Rs191.38 Billion ≈ $2.07 Billion	+21.44%
2021-03-31	Rs157.60 Billion ≈ $1.70 Billion	+31.32%
2020-03-31	Rs120.01 Billion ≈ $1.30 Billion	+19.14%
2019-03-31	Rs100.74 Billion ≈ $1.09 Billion	+27.03%
2018-03-31	Rs79.30 Billion ≈ $857.59 Million	+19.97%
2017-03-31	Rs66.10 Billion ≈ $714.84 Million	+16.78%
2016-03-31	Rs56.60 Billion ≈ $612.10 Million	+10.70%
2015-03-31	Rs51.13 Billion ≈ $552.95 Million	+19.89%
2014-03-31	Rs42.65 Billion ≈ $461.20 Million	+14.16%
2013-03-31	Rs37.36 Billion ≈ $403.99 Million	+27.68%
2012-03-31	Rs29.26 Billion ≈ $316.41 Million	+119.25%
2011-03-31	Rs13.34 Billion ≈ $144.31 Million	+128.42%
2010-03-31	Rs5.84 Billion ≈ $63.18 Million	+61.63%
2009-03-31	Rs3.61 Billion ≈ $39.09 Million	+73.00%
2008-03-31	Rs2.09 Billion ≈ $22.60 Million	+31.24%
2007-03-31	Rs1.59 Billion ≈ $17.22 Million	+76.05%
2006-03-31	Rs904.33 Million ≈ $9.78 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Muthoot Finance Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 23844.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	Rs167.96 Billion	57.19%
Common Stock	Rs4.01 Billion	1.37%
Other Comprehensive Income	Rs106.57 Billion	36.29%
Other Components	Rs15.13 Billion	5.15%
Total Equity	Rs293.67 Billion	100.00%

Muthoot Finance Limited Competitors by Market Cap

The table below lists competitors of Muthoot Finance Limited ranked by their market capitalization.

Company	Market Cap
Hyundai Heavy Industries Holdings Co Ltd KO:267250	$14.87 Billion
MTN GROUP ADR/1 RC-0001 F:LL6A	$14.90 Billion
Britannia Industries Limited NSE:BRITANNIA	$14.92 Billion
Shanghai Electric Group Co Ltd SHG:601727	$14.92 Billion
Hanwha Systems Co Ltd KO:272210	$14.86 Billion
Banco de Credito e Inversiones SN:BCI	$14.86 Billion
Heico Corporation NYSE:HEI	$14.80 Billion
JULIUS BAER GRP. ADR/1/5 F:JGE1	$14.77 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Muthoot Finance Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 251,072,070,000 to 293,666,270,000, a change of 42,594,200,000 (17.0%).
Net income of 53,329,000,000 contributed positively to equity growth.
Dividend payments of 9,648,050,000 reduced retained earnings.
Share repurchases of 110,000 reduced equity.
New share issuances of 110,000 increased equity.
Other comprehensive income increased equity by 70,474,170,000.
Other factors decreased equity by 71,560,920,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs53.33 Billion	+18.16%
Dividends Paid	Rs9.65 Billion	-3.29%
Share Repurchases	Rs110.00K	-0.0%
Share Issuances	Rs110.00K	+0.0%
Other Comprehensive Income	Rs70.47 Billion	+24.0%
Other Changes	Rs-71.56 Billion	-24.37%
Total Change	Rs-	16.96%

Book Value vs Market Value Analysis

This analysis compares Muthoot Finance Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 4.68x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 1407.47x to 4.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-03-31	Rs2.43	Rs3424.20	x
2007-03-31	Rs4.28	Rs3424.20	x
2008-03-31	Rs6.01	Rs3424.20	x
2009-03-31	Rs12.90	Rs3424.20	x
2010-03-31	Rs15.72	Rs3424.20	x
2011-03-31	Rs35.90	Rs3424.20	x
2012-03-31	Rs79.67	Rs3424.20	x
2013-03-31	Rs100.50	Rs3424.20	x
2014-03-31	Rs114.73	Rs3424.20	x
2015-03-31	Rs127.38	Rs3424.20	x
2016-03-31	Rs139.57	Rs3424.20	x
2017-03-31	Rs163.19	Rs3424.20	x
2018-03-31	Rs195.94	Rs3424.20	x
2019-03-31	Rs247.66	Rs3424.20	x
2020-03-31	Rs294.76	Rs3424.20	x
2021-03-31	Rs387.92	Rs3424.20	x
2022-03-31	Rs467.93	Rs3424.20	x
2023-03-31	Rs539.68	Rs3424.20	x
2024-03-31	Rs625.35	Rs3424.20	x
2025-03-31	Rs731.45	Rs3424.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Muthoot Finance Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 18.16%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 26.32%
• Asset Turnover: 0.15x
• Equity Multiplier: 4.52x
Recent ROE (18.16%) is below the historical average (23.95%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	29.73%	41.48%	0.07x	10.40x	Rs178.43 Million
2007	27.55%	43.90%	0.06x	10.11x	Rs279.36 Million
2008	28.22%	35.08%	0.08x	10.23x	Rs407.20 Million
2009	27.08%	31.59%	0.08x	10.40x	Rs617.24 Million
2010	39.12%	48.24%	0.07x	11.02x	Rs1.70 Billion
2011	37.03%	21.34%	0.17x	10.47x	Rs3.61 Billion
2012	30.49%	19.61%	0.19x	7.99x	Rs5.99 Billion
2013	26.88%	18.64%	0.18x	7.87x	Rs6.31 Billion
2014	18.29%	15.78%	0.19x	6.00x	Rs3.54 Billion
2015	13.20%	15.47%	0.16x	5.31x	Rs1.63 Billion
2016	14.49%	16.49%	0.18x	4.87x	Rs2.52 Billion
2017	18.35%	20.20%	0.18x	4.92x	Rs5.46 Billion
2018	23.29%	26.98%	0.20x	4.29x	Rs10.44 Billion
2019	20.92%	27.39%	0.18x	4.20x	Rs10.85 Billion
2020	26.53%	32.37%	0.18x	4.64x	Rs19.55 Billion
2021	24.43%	32.93%	0.17x	4.41x	Rs22.47 Billion
2022	21.38%	32.88%	0.16x	4.06x	Rs21.38 Billion
2023	16.67%	30.31%	0.15x	3.70x	Rs14.46 Billion
2024	17.22%	28.66%	0.16x	3.84x	Rs18.14 Billion
2025	18.16%	26.32%	0.15x	4.52x	Rs23.96 Billion

Industry Comparison

This section compares Muthoot Finance Limited's net assets metrics with peer companies in the Credit Services industry.

Industry Context

Industry: Credit Services
Average net assets among peers: $47,468,447,599
Average return on equity (ROE) among peers: 10.28%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Muthoot Finance Limited (MUTHOOTFIN)	Rs362.18 Billion	29.73%	3.98x	$14.87 Billion
Akme Fintrade India Ltd (AFIL)	$2.23 Billion	8.30%	0.95x	$41.31 Million
Arman Financial Services Limited (ARMANFIN)	$392.47 Million	15.69%	2.49x	$169.77 Million
Baid Finserv Limited (BAIDFIN)	$108.03 Million	5.96%	2.17x	$19.08 Million
Bajaj Finance Limited (BAJFINANCE)	$369.18 Billion	11.97%	3.65x	$62.99 Billion
Capri Global Capital Limited (CGCL)	$8.29 Billion	4.93%	0.02x	$1.94 Billion
Cholamandalam Investment and Finance Company Limited (CHOLAFIN)	$62.09 Billion	19.30%	8.26x	$14.26 Billion
Cholamandalam Financial Holdings Limited (CHOLAHLDNG)	$8.02 Billion	8.68%	3.62x	$3.16 Billion
CREDITACCESS GRAMEEN LIMITED (CREDITACC)	$23.65 Billion	13.60%	2.11x	$2.25 Billion
CSL Finance Limited (CSLFINANCE)	$1.14 Billion	14.37%	0.30x	$55.14 Million
DCM Financial Services Limited (DCMFINSERV)	$-421.69 Million	0.00%	0.00x	$1.13 Million

About Muthoot Finance Limited

NSE:MUTHOOTFIN India Credit Services

Market Cap

$14.87 Billion

Rs1.37 Trillion INR

Market Cap Rank

#1616 Global

#52 in India

Share Price

Rs3424.20

Change (1 day)

-1.07%

52-Week Range

Rs2030.70 - Rs4091.70

All Time High

Rs4091.70