Strong Parentage and Experienced Leadership
The Muthoot Group is led by seasoned leaders, Mr. George, Thomas, and John Muthoot, all members of the Muthoot family. Their experience has been instrumental in ensuring the Group's dominant position in non-banking financial services while diversifying into other sectors such as education, healthcare, and hospitality
Consistent Growth
MFL has exhibited consistent growth, with its Profit After Tax (PAT) increasing from ₹347 crores in FY 2022 to ₹563 crores in FY 2024. The company’s Assets Under Management (AUM) stood at ₹21,712.34 crores as of March 2024, with 99.47% of the loans secured
Capital Adequacy
The capital adequacy ratio of MFL as of March 31, 2024, was 20.01%, well above the 15% minimum requirement set by the Reserve Bank of India (RBI)
Healthy Asset Quality
The Gross Non-Performing Assets (NPA) ratio stood at 1.5% as of June 2024, showing an improvement from 1.6% in March 2024