Muthoot Finance Credit Ratings & Financial Analysis
PROFITABILITY RATIOS
ā
Muthoot Finance
Yearly
Quarterly
(%)
(Based on Average
Loan Assets)
Interest income to avg.
loan assets
Interest expense to avg.
loan assets
Net Interest Margin
Mar- Mar-
20*
19*
Mar-18 Mar-17 Mar-16 Mar-15 Mar-14 Mar-13:
Q3 FY Q3 FY
2021* 2020*
Q2 FY Q1 FY9M FY:9M FY
2021 2021* 2021* 2020*
23.03 21.63 22.21 21.43 19.72 19.30 20.27 21.66: 22.31
24.58
22.71 22.35 22.30 22.97
7.51 7.16 6.92
8.69
9.25
9.52 10.84 11.38: 7.77
7.65
8.37
8.41 8.11 7.47
15.52 14.47 15.29 12.74
10.47 9.78 9.42 10.27 14.54
16.93 14.34 13.94 14.19:15.50
Other income to avg. loan
assets
0.43 0.40 0.47
0.35 0.25 0.25 0.16 0.09
0.49
0.43
0.71 0.67 0.61 0.39
Net Income Including Other
Income
15.95 14.87 15.76 13.09
10.72 10.03 9.59 10.37 15.03
17.37 15.04 14.61 14.80 15.89
Selling, general and
administrative expenses to 4.68 4.81
avg. loan assets
5.32
4.56
4.43 4.84 4.28 3.72 3.51 4.79
3.98
3.51 3.64 4.51
Provisions and write offs to
avg. loan assets
0.26 0.08
0.11 1.07
0.67
0.17
0.18 0.36 0.48 0.66
0.10
0.14 0.25 0.34
PBDT to avg. loan assets
11.01 9.98 10.33
7.45
5.62
5.02 5.12 6.28
11.04 11.92 10.96 10.96 10.91 11.05
Depreciation to avg. loan
assets
0.11 0.12
0.15 0.17
0.23
0.37
0.20 0.18
0.11
0.11 0.09
0.10 0.10 0.11
PBT to avg. loan assets
Tax to avg. loan assets
10.90 9.85
2.79 3.54 3.82
10.19
7.28
5.39
4.65
2.81
2.08
PAT to avg. loan assets
Cash Profit to avg. loan
assets
8.11
6.31 6.36
4.47
3.32
4.93 6.10 10.93 11.81 10.87 10.86 10.81 10.94
1.62 1.71 2.05 2.79 3.03 2.77 2.75 2.75 2.80
3.03 3.22 4.05 8.14 8.79 8.10 8.11 8.06 8.14
8.22
6.44
6.51 4.65
3.54
3.40 3.42 4.24 8.25 8.90
8.19 8.21 8.16 8.25
45
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