Gold Loan Portfolio Analysis
PROFITABILITY RATIOS
Yearly
ā
Muthoot Finance
Quarterly
(%)
(%)
(Based on Average Loan
Assets)
Mar-22* Mar-21* Mar-20* Mar-19* Mar-18* Mar-17 Mar-16 Mar-15
Q1 FY Q4 FY
2023*
Q1 FY
2022*
2022*
Interest income to avg. loan
20.06
22.17 23.03 21.63 22.21 21.43 19.72 19.30
17.30
18.74
20.40
assets
Interest expense to avg. loan
assets
7.02
7.93
7.51
7.16
6.92 8.69 9.25 9.52
6.56
6.53
7.47
Net Interest Margin
13.03
14.24
15.53
14.47
15.29
12.74 10.47
9.78
10.74
12.21
12.93
Other income to avg. loan assets
0.26
0.53
0.43
0.40
0.47
0.35
0.25 0.25 0.19
0.27
0.24
Net Income Including Other
13.30
14.77
15.95
14.87
15.76
13.08
10.72
10.03
10.93
12.47
13.17
Income
Selling, general and
administrative expenses to avg.
3.25
3.72
4.68
4.80
5.32
4.56
4.43
4.84
3.70
3.69
2.95
loan assets
Provisions and write offs to avg.
0.23
0.20
0.26
0.09
0.11
1.07
0.67
0.17
(0.40) (0.50)
0.26
loan assets
PBDT to avg. loan assets
9.81
10.85
11.02
9.98
10.33
7.45
5.62
5.02
7.63
9.27
9.97
Depreciation to avg. loan assets
0.09
0.10
0.11
0.12
0.15
0.17
0.23
0.37
0.09
0.11
0.08
PBT to avg. loan assets
9.72
10.75
10.91
9.85
10.19
7.28
5.39
4.65
7.54
9.17
9.88
Tax to avg. loan assets
2.48
2.76
2.79
3.54
3.82
2.81 2.08 1.62
1.95
2.35
2.50
PAT to avg. loan assets
7.24
7.99
8.12
6.31
6.36
4.47
3.32
3.03
5.59
6.81
7.38
Cash Profit to avg. loan assets
7.33
8.09
8.23
6.44
6.51
4.65 3.54 3.40
5.68
6.92
7.46
*Under IND-AS
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