Investor Presentaiton
Ⓡ
SAFETY OF OUR GOLD LOAN PORTFOLIO
Lender's Perspective & Borrower's Perspective
Muthoot Finance
Sep-23 Jun-23 Mar-23 Sep-22 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16
Gold Loan assets (in Billions)
675
660
619
565
575
519
407
336
288
272
243
Quantity of Gold content in
Ornaments held as Security
(Tonnes)
183
182
180
177
187
171
176
169
155
149
142
Gold Price/gm (*)
5,287 5,318
5,473 4,608 4,716 4,048 3,955 2,910 2,824 2,725 2,670
Lender's Perspective
Market Price of Gold Content in
Ornaments (in Billions)
967
967
985
816
882
692
696
492
438
406
379
Margin of safety on loans
Borrower's Perspective
Market Value of Gold Ornaments
(in Billions) with 20% additional
value towards making charges etc
Equity of Borrower in the Gold
Ornaments net of loans availed
30% 32% 37%
31%
35%
25%
42% 32%
34%
33%
36%
1,160 1,160 1,182
979
1,058
830
835
590
526
487
455
42% 43% 48% 42% 46%
* Above calculations are made on overall portfolio and excludes interest accrued on loans
37%
51% 43%
45%
44%
47%
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