Asia Asset Finance PLC Earnings Report Q1 FY 2022
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SAFETY OF OUR GOLD LOAN PORTFOLIO
Lender's Perspective & Borrower's Perspective
Muthoot Finance
Jun-21 Mar-21 Jun-20 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15
Gold Loan assets (in Billions)
521
519
405
407
336
288
272
243
233
Quantity of Gold content in Ornaments held
171
171
165
176
169
155
149
142
131
as Security (Tonnes)
Gold Price/gm (*)
4,283
4,048 4,448
3,955
2,910
2,824
2,725
2,670
2,470
Lender's Perspective
Market Price of Gold Content in Ornaments
732
692
734
696
492
438
406
379
324
(in Billions)
Margin of safety on loans
29% 25%
45%
42%
32%
34% 33% 36%
28%
Borrower's Perspective
Market Value of Gold Ornaments (* in
Billions) with 20% additional value towards
878
830
881
835
590
526
487
455
389
making charges etc
Equity of Borrower in the Gold Ornaments
41%
37%
54%
51%
43%
45% 44%
47%
40%
net of loans availed
* Above calculations are made on overall portfolio and excludes interest accrued on loans
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