Muthoot Finance Limited (MUTHOOTFIN) - Net Assets

Latest as of June 2026: Rs412.69 Billion INR ≈ $4.46 Billion USD

Based on the latest financial reports, Muthoot Finance Limited (MUTHOOTFIN) has net assets worth Rs412.69 Billion INR (≈ $4.46 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs2.09 Trillion ≈ $22.63 Billion USD) and total liabilities (Rs1.68 Trillion ≈ $18.16 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 (MUTHOOTFIN) strategic asset index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs412.69 Billion
% of Total Assets	19.72%
Annual Growth Rate	35.57%
5-Year Change	107.83%
10-Year Change	501.73%
Growth Volatility	33.78

Muthoot Finance Limited - Net Assets Trend (2006–2026)

This chart illustrates how Muthoot Finance Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MUTHOOTFIN market cap.

Annual Net Assets for Muthoot Finance Limited (2006–2026)

The table below shows the annual net assets of Muthoot Finance Limited from 2006 to 2026. Also explore Muthoot Finance Limited (MUTHOOTFIN) net asset momentum to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	Rs397.74 Billion ≈ $4.30 Billion	+32.61%
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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	Rs4.01 Billion	1.03%
Other Components	Rs387.29 Billion	98.97%
Total Equity	Rs391.30 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
AltaGas Ltd TO:ALA	$12.04 Billion
JD HEALTH INTL LTD F:8ZN	$12.04 Billion
Renaissancere Holdings Ltd NYSE:RNR	$12.05 Billion
BUREAU VERITAS ADR EO-12 F:4BV0	$12.07 Billion
MAPFRE S.A.ADR 2 / EO-10 F:CMA	$12.03 Billion
Cipla Limited NSE:CIPLA	$12.02 Billion
ZTO EXPRESS (CAYMAN) F:ZTOB	$12.02 Billion
Taiwan Union Technology TWO:6274	$12.01 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 2025 to 2026, total equity changed from 293,666,270,000 to 391,303,150,000, a change of 97,636,880,000 (33.2%).
Net income of 105,903,370,000 contributed positively to equity growth.
Dividend payments of 10,441,360,000 reduced retained earnings.
New share issuances of 220,000 increased equity.
Other comprehensive income decreased equity by 106,566,110,000.
Other factors increased equity by 108,740,760,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	Rs105.90 Billion	+27.06%
Dividends Paid	Rs10.44 Billion	-2.67%
Share Issuances	Rs220.00K	+0.0%
Other Comprehensive Income	Rs-106.57 Billion	-27.23%
Other Changes	Rs108.74 Billion	+27.79%
Total Change	Rs-	33.25%

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: 2.84x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 1138.65x to 2.84x 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	Rs2770.20	x
2007-03-31	Rs4.28	Rs2770.20	x
2008-03-31	Rs6.01	Rs2770.20	x
2009-03-31	Rs12.90	Rs2770.20	x
2010-03-31	Rs15.72	Rs2770.20	x
2011-03-31	Rs35.90	Rs2770.20	x
2012-03-31	Rs79.67	Rs2770.20	x
2013-03-31	Rs100.50	Rs2770.20	x
2014-03-31	Rs114.73	Rs2770.20	x
2015-03-31	Rs127.38	Rs2770.20	x
2016-03-31	Rs139.57	Rs2770.20	x
2017-03-31	Rs163.19	Rs2770.20	x
2018-03-31	Rs195.94	Rs2770.20	x
2019-03-31	Rs247.66	Rs2770.20	x
2020-03-31	Rs294.76	Rs2770.20	x
2021-03-31	Rs387.92	Rs2770.20	x
2022-03-31	Rs467.93	Rs2770.20	x
2023-03-31	Rs539.68	Rs2770.20	x
2024-03-31	Rs625.35	Rs2770.20	x
2025-03-31	Rs731.45	Rs2770.20	x
2026-03-31	Rs974.68	Rs2770.20	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): 27.06%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 33.87%
• Asset Turnover: 0.16x
• Equity Multiplier: 5.00x
Recent ROE (27.06%) is above the historical average (24.10%), indicating improving 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
2026	27.06%	33.87%	0.16x	5.00x	Rs66.77 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: $12,835,393,969
Average return on equity (ROE) among peers: 9.55%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Muthoot Finance Limited (MUTHOOTFIN)	Rs412.69 Billion	29.73%	4.07x	$12.03 Billion
Akme Fintrade India Ltd (AFIL)	$2.23 Billion	8.30%	0.95x	$38.63 Million
Arman Financial Services Limited (ARMANFIN)	$560.02 Million	11.29%	2.84x	$222.47 Million
Baid Finserv Limited (BAIDFIN)	$108.03 Million	5.96%	2.17x	$17.67 Million
Bajaj Finance Limited (BAJFINANCE)	$33.67 Billion	17.56%	4.29x	$68.29 Billion
Capri Global Capital Limited (CGCL)	$13.83 Billion	9.81%	2.09x	$2.73 Billion
Cholamandalam Investment and Finance Company Limited (CHOLAFIN)	$43.28 Billion	16.62%	6.10x	$16.10 Billion
Cholamandalam Financial Holdings Limited (CHOLAHLDNG)	$33.15 Billion	9.39%	7.25x	$3.04 Billion
CREDITACCESS GRAMEEN LIMITED (CREDITACC)	$1.11 Billion	7.16%	3.91x	$2.37 Billion
CSL Finance Limited (CSLFINANCE)	$853.10 Million	9.36%	0.06x	$52.75 Million
DCM Financial Services Limited (DCMFINSERV)	$-430.68 Million	0.00%	0.00x	$1.23 Million

About Muthoot Finance Limited

NSE:MUTHOOTFIN India Credit Services

Market Cap

$12.03 Billion

Rs1.11 Trillion INR

Market Cap Rank

#1942 Global

#72 in India

Share Price

Rs2770.20

Change (1 day)

-0.04%

52-Week Range

Rs2722.30 - Rs4091.70

All Time High

Rs4091.70