Jump to content

Muthoottu Mini Financiers

Add links
From Wikipedia, the free encyclopedia

Muthoottu Mini Financiers Ltd.
Company typePrivate
IndustryNon-Banking Financial Services
Founded1998
FounderM. Mathew Muthoottu
Key people
Mathew Muthoottu (Managing Director), P. E. Mathai (CEO)
ProductsGold loans, insurance, microfinance, money transfers, wealth management
Revenue₹815 crore (FY25)[1]
₹94.18 crore (FY25)[2]
AUM₹4,142 crore (FY25)[3]
RatingICRA A (Stable), CARE A- (Stable)[4][5]
Websitemuthoottumini.com

Muthoottu Mini Financiers is an Indian non-banking financial company (NBFC) headquartered in Kochi, Kerala. Established in 1998, the company primarily focuses on gold loans and also offers a suite of financial services including microfinance, insurance, wealth management, and money transfers. It operates over 900 branches across 11 states and union territories.[6][7][8][9][10][11][12][13][14]

History

[edit]

By FY2025, it reported a revenue of ₹815 crore and an Asset Under Management (AUM) of ₹4,142 crore.[1][3] The company's credit rating was upgraded to "A (Stable)" by ICRA and CARE Ratings.[4][5][15][16][17][18]

Services and operations

[edit]

Gold loans remain the core business of Muthoottu Mini, with various products tailored for short-term liquidity and low-income households. The company also offers secured Non-Convertible Debentures (NCDs), raising up to ₹150 crore in recent public issues with yields between 8.84% and 10.47%.[19][20] It has also launched specialized schemes like the "Safe Lock" gold loan and a gold loan lucky draw festival to attract customers.[21][22] Plans are underway to diversify into MSME and two-wheeler finance by 2025.[23][24][25][26][27][28][29][30][31][32][33][34][35][36]

References

[edit]
  1. ^ a b "Muthoottu Mini Reports ₹815 Cr Revenue in FY25". smestreet.in. Retrieved 18 July 2025.
  2. ^ "Muthoottu Mini Financiers standalone net profit rises 9.72% in the March 2025 quarter". www.business-standard.com.
  3. ^ a b "Muthoottu Mini reports 21% rise in FY25 revenue, PAT at ₹94.18 crore". BusinessLine. 19 June 2025. Retrieved 18 July 2025.
  4. ^ a b "Muthoottu Mini Financiers gets ICRA 'A Stable' rating upgrade". BusinessLine. 2 April 2025. Retrieved 18 July 2025.
  5. ^ a b "CARE upgrades Muthoottu Mini Financiers rating to 'A-Stable'". The Times of India. 9 July 2022. ISSN 0971-8257. Retrieved 18 July 2025.
  6. ^ "Muthoottu Mini Financiers aims to raise up to Rs 150 crore through bonds". Zee Business. 29 October 2024. Retrieved 17 July 2025.
  7. ^ "Muthoottu Mini Financiers Recognised for Leadership in Gold Loan Sector". smestreet.in. Retrieved 17 July 2025.
  8. ^ Shah, Vasant (29 October 2024). "Muthoottu Mini Financiers Announces Public Issue of Rs 150 Crore in Secured NCDs". www.goodreturns.in. Retrieved 17 July 2025.
  9. ^ "Muthoottu Mini Financiers post 20% rise in PBT in 9 months of FY25". BusinessLine. 11 February 2025. Retrieved 17 July 2025.
  10. ^ "Muthoottu Mini Launches Education Drive with The Hindu". smestreet.in. Retrieved 17 July 2025.
  11. ^ "Muthoottu Mini Financiers announces public issue of secured NCD". BusinessLine. 23 April 2025. Retrieved 17 July 2025.{{cite web}}: CS1 maint: url-status (link)
  12. ^ Reporter, Staff (4 December 2021). "Three held for bid to rob Muthoottu Mini Financiers". The Hindu. ISSN 0971-751X. Retrieved 17 July 2025.
  13. ^ "Muthoottu Mini Financiers launches 3 zonal offices for customer experience". www.business-standard.com. Archived from the original on 13 May 2024. Retrieved 17 July 2025.
  14. ^ "Sebi fines Muthoottu Mini Financiers for misleading advertisements". The Economic Times. 26 February 2020. ISSN 0013-0389. Retrieved 17 July 2025.
  15. ^ "Muthoottu Mini Financiers PAT surges 43% in Q3". BusinessLine. 29 February 2024. Retrieved 17 July 2025.
  16. ^ "Muthoottu Mini Financiers posts 30.58 per cent growth in FY23". BusinessLine. 12 June 2023. Retrieved 17 July 2025.
  17. ^ "Muthoottu Mini to hire over 2000 people, reach 1000 branches by FY24-end". BusinessLine. 18 December 2023. Retrieved 17 July 2025.
  18. ^ Kaul, Abhinav (20 August 2021). "Muthoottu Mini NCD offers up to 10.47% yield". mint. Archived from the original on 4 May 2025. Retrieved 17 July 2025.
  19. ^ Prajapati, Vijay (28 May 2025). "Muthoottu Mini Financiers NCD April 2025 - Effective Yield 10.75% p.a." IPO Watch. Retrieved 18 July 2025.
  20. ^ Shivangini (5 November 2024). "Muthoottu Mini Financiers launches NCD issue to raise ₹150 crore. Check key details | Stock Market News". mint. Archived from the original on 4 May 2025. Retrieved 18 July 2025.
  21. ^ "Muthoottu Mini Financiers launches Safe Lock Gold Loan". www.livemint.com.
  22. ^ Marketing, Passionate in (13 February 2025). "Muthoottu Mini Launches Lucky Draw Contest for Gold Loan Customers". Passionate In Marketing. Retrieved 18 July 2025.
  23. ^ "Muthoottu Mini may enter MSME and two-wheeler finance in 2025, says MD". www.moneycontrol.com.
  24. ^ "Muthoottu Mini Financiers appoints Sreejil Mukund its new COO". Muthoottu Mini Financiers appoints Sreejil Mukund its new COO. Retrieved 17 July 2025.
  25. ^ "Muthoottu Mini Financiers: Shows Strong Financial Performance". smestreet.in. Retrieved 17 July 2025.
  26. ^ "Muthoottu Mini Financiers New Gold Loan Scheme - Super Offer at 6.5 Per cent Interest Only". www.business-standard.com. Archived from the original on 12 May 2025. Retrieved 17 July 2025.
  27. ^ "CARE upgrades Muthoottu Mini Financiers rating to 'A- Stable'". BusinessLine. 8 July 2022. Retrieved 17 July 2025.
  28. ^ Marketing, Passionate in (31 October 2024). "Muthoottu Royal Gold Unveils Lord Murugan Coin At Muthumalai Murugan Temple In A Grand Launch". Passionate In Marketing. Retrieved 17 July 2025.
  29. ^ IPOCentral, Team (20 April 2022). "Muthoottu Mini Financiers NCD 2022 Review, Subscription, Allotment". Retrieved 17 July 2025.
  30. ^ "Muthoottu Mini Financiers aims to reach Rs 4,000cr AUM this fiscal". Muthoottu Mini Financiers aims to reach Rs 4,000cr AUM this fiscal. Retrieved 17 July 2025.
  31. ^ Prajapati, Vijay (20 April 2022). "Muthoottu Mini Financiers NCD April 2022 Date, Rating & Interest Rates". IPO Watch. Retrieved 17 July 2025.
  32. ^ "Will borrow up to Rs 3,200 crore from banks, NCDs in FY23; aim for IPO post 2027, say Muthoottu Mini officials". Moneycontrol. Archived from the original on 9 July 2022. Retrieved 17 July 2025.
  33. ^ "গয়না সুরক্ষিত থাকবে লকারে! সেফ লক গোল্ড লোন চালু Muthoottu Mini Financiers-এর". The Economic Times Bengali (in Bengali). Retrieved 17 July 2025.
  34. ^ "Muthoottu Mini Financiers Inaugurates New Zonal Office in Bangalore to Strengthen Regional Operations". APN News. 9 July 2025. Retrieved 17 July 2025.
  35. ^ "Muthoottu Mini Financiers Sponsors 2,600 Dustbins to KSRTC Under Major CSR Initiative Supporting Clean Public Transport". APN News. 3 July 2025. Retrieved 17 July 2025.
  36. ^ Admin 5 (5 June 2024). "Muthoottu Mini Financiers net up 35%". www.bizzbuzz.news. Retrieved 17 July 2025.{{cite web}}: CS1 maint: numeric names: authors list (link)
Retrieved from "https://en.wikipedia.org/w/index.php?title=Muthoottu_Mini_Financiers&oldid=1301812527"