Strong support from the parent
Given majority ownership, shared name, common branding and corporate identity, MFL has a strong moral obligation to support MML &The MPG promoters are also on the board of MML
Diverse Funding Profile
Diversified active lenders comprising leading financial institutions ( SBI, HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra Bank, Standard Chartered Bank, DBS Bank India, etc)
Consistent growth
PAT has grown 385% (3 years), Revenue has grown 44.13% (3 years) and Assets under management have grown 35.82% (3 years) on CAGR basis
Adequate Capitalisation
Capital adequacy ratio (CAR) stood at 21.87%. as on 31 march 2023 against RBI’s regulatory requirement of 15%
Strong Asset quality
Gross NPA - 2.98% & Net NPA – 0.60% as on 31 march 2023