Muthoot Microfin Limited
Muthoot Microfin Limited, a non-deposit taking non-banking financial company, provides micro loans to women entrepreneurs in rural regions of India. The company offers income generating, Pragathi, and individual loans; education, mobile phones, solar lighting product, and household appliances product loans; sanitation improvement loans; and secured loans. It also provides value-added services, su… Read more
Muthoot Microfin Limited (MUTHOOTMF) - Net Assets
Latest net assets as of March 2025: ₹26.32 Billion INR
Based on the latest financial reports, Muthoot Microfin Limited (MUTHOOTMF) has net assets worth ₹26.32 Billion INR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹108.57 Billion) and total liabilities (₹82.25 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹26.32 Billion |
| % of Total Assets | 24.24% |
| Annual Growth Rate | 75.44% |
| 5-Year Change | 195.79% |
| 10-Year Change | 3704.79% |
| Growth Volatility | 337.81 |
Muthoot Microfin Limited - Net Assets Trend (2013–2024)
This chart illustrates how Muthoot Microfin Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Muthoot Microfin Limited (2013–2024)
The table below shows the annual net assets of Muthoot Microfin Limited from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | ₹26.32 Billion | -6.14% |
| 2023-09-30 | ₹28.04 Billion | +72.49% |
| 2022-09-30 | ₹16.26 Billion | +21.64% |
| 2021-09-30 | ₹13.37 Billion | +50.20% |
| 2020-09-30 | ₹8.90 Billion | -1.89% |
| 2019-09-30 | ₹9.07 Billion | +2.39% |
| 2018-09-30 | ₹8.86 Billion | +119.83% |
| 2017-09-30 | ₹4.03 Billion | +113.18% |
| 2016-09-30 | ₹1.89 Billion | +173.22% |
| 2015-09-30 | ₹691.82 Million | +1212.25% |
| 2014-09-30 | ₹52.72 Million | -2.91% |
| 2013-09-30 | ₹54.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Muthoot Microfin 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 472947000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹4.73 Billion | 17.96% |
| Common Stock | ₹1.68 Billion | 6.37% |
| Other Comprehensive Income | ₹3.92 Billion | 14.88% |
| Other Components | ₹16.00 Billion | 60.79% |
| Total Equity | ₹26.32 Billion | 100.00% |
Muthoot Microfin Limited Competitors by Market Cap
The table below lists competitors of Muthoot Microfin Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GIC Housing Finance Limited
NSE:GICHSGFIN
|
$58.58 Million |
|
Daewonkangup
KO:000430
|
$58.61 Million |
|
PT Sinergi Inti Andalan Prima Tbk
JK:INET
|
$58.63 Million |
|
Motorcycle Holdings Ltd
AU:MTO
|
$58.64 Million |
|
SDI Group plc
PINK:SDIIF
|
$58.54 Million |
|
AS Tallinna Vesi
F:A1T
|
$58.54 Million |
|
RS Public Company Limited
BK:RS-R
|
$58.53 Million |
|
CTCBIO Inc
KQ:060590
|
$58.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Muthoot Microfin Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,043,530,000 to 26,322,270,000, a change of -1,721,260,000 (-6.1%).
- Net loss of 2,225,230,000 reduced equity.
- New share issuances of 28,320,000 increased equity.
- Other comprehensive income increased equity by 485,310,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹-2.23 Billion | -8.45% |
| Share Issuances | ₹28.32 Million | +0.11% |
| Other Comprehensive Income | ₹485.31 Million | +1.84% |
| Other Changes | ₹-9.66 Million | -0.04% |
| Total Change | ₹- | -6.14% |
Book Value vs Market Value Analysis
This analysis compares Muthoot Microfin 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: 0.96x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 13.95x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-09-30 | ₹10.64 | ₹148.36 | x |
| 2014-09-30 | ₹9.59 | ₹148.36 | x |
| 2015-09-30 | ₹15.47 | ₹148.36 | x |
| 2016-09-30 | ₹24.53 | ₹148.36 | x |
| 2017-09-30 | ₹47.12 | ₹148.36 | x |
| 2018-09-30 | ₹85.53 | ₹148.36 | x |
| 2019-09-30 | ₹79.44 | ₹148.36 | x |
| 2020-09-30 | ₹77.62 | ₹148.36 | x |
| 2021-09-30 | ₹78.40 | ₹148.36 | x |
| 2022-09-30 | ₹95.36 | ₹148.36 | x |
| 2023-09-30 | ₹188.39 | ₹148.36 | x |
| 2024-09-30 | ₹154.61 | ₹148.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Muthoot Microfin 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): -8.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.11%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 4.12x
- Recent ROE (-8.45%) is below the historical average (6.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -0.20% | -2.49% | 0.08x | 1.02x | ₹-5.54 Million |
| 2014 | -3.00% | -41.69% | 0.07x | 1.00x | ₹-6.85 Million |
| 2015 | 13.60% | 31.43% | 0.06x | 7.63x | ₹24.92 Million |
| 2016 | 19.60% | 22.73% | 0.11x | 7.75x | ₹181.36 Million |
| 2017 | -3.58% | -4.74% | 0.12x | 6.34x | ₹-547.16 Million |
| 2018 | 22.72% | 41.61% | 0.14x | 3.99x | ₹1.13 Billion |
| 2019 | 2.01% | 6.12% | 0.07x | 4.51x | ₹-724.93 Million |
| 2020 | 0.79% | 1.15% | 0.15x | 4.70x | ₹-819.35 Million |
| 2021 | 3.55% | 12.42% | 0.07x | 4.18x | ₹-862.60 Million |
| 2022 | 10.08% | 11.44% | 0.17x | 5.25x | ₹13.04 Million |
| 2023 | 16.03% | 37.29% | 0.10x | 4.13x | ₹1.69 Billion |
| 2024 | -8.45% | -9.11% | 0.23x | 4.12x | ₹-4.86 Billion |
Industry Comparison
This section compares Muthoot Microfin Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,621,595,776
- Average return on equity (ROE) among peers: 14.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Muthoot Microfin Limited (MUTHOOTMF) | ₹26.32 Billion | -0.20% | 3.12x | $58.56 Million |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $14.54 Million |
| Arman Financial Services Limited (ARMANFIN) | $196.82 Million | 15.55% | 2.31x | $97.80 Million |
| Baid Finserv Limited (BAIDFIN) | $1.30 Billion | 5.85% | 1.62x | $4.85 Million |
| Capital Trust Limited (CAPTRUST) | $93.80 Million | 16.46% | 2.19x | $586.90K |
| Capri Global Capital Limited (CGCL) | $1.53 Billion | 67.12% | 0.54x | $555.03 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $1.74 Billion |
| Capital India Finance Limited (CIFL) | $6.56 Billion | -6.33% | 1.73x | $2.98K |
| CP Capital Limited (CPCAP) | $5.46 Billion | 6.99% | 0.14x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $724.43 Million |
| CSL Finance Limited (CSLFINANCE) | $2.33 Billion | 9.66% | 0.43x | $19.61 Million |