
Muthoot Finance Ltd
NSE: MUTHOOTFIN BSE: 533398
₹3624.20
(2.52)%
Tue, 03 Feb 2026, 11:22 am
Market Cap1423.33B
PE Ratio19.92
Dividend0.73
muthoot finance ltd History
1997
- Incorporated as private limited company The Muthoot Finance Private Limited on March 14.
2001
- Obtains RBI license to function as NBFC.
2004
- Obtains F1 rating from Fitch for Rs. 200 million short-term debt.
- Board approves Scheme of Amalgamation with Muthoot Enterprises Private Limited.
2005
- Retail loan and debenture portfolio exceeds Rs. 500 million.
- Merger with Muthoot Enterprises Private Limited effective March 22.
2006
- Fitch affirms F1 rating for Rs. 400 million short-term debt.
2007
- Retail loan portfolio exceeds Rs. 10 billion.
- RBI accords Systemically Important ND-NBFC status.
- Branch network exceeds 500 branches.
- Net owned funds exceed Rs. 1 billion.
- Name changed to Muthoot Finance Private Limited.
2008
- Net owned funds exceed Rs. 2 billion.
- Retail loan portfolio exceeds Rs. 20 billion; debenture portfolio exceeds Rs. 10 billion.
- Fitch affirms F1 rating for Rs. 800 million short-term debt.
- Bank credit limits exceed Rs. 5 billion.
- Converted to public limited company as Muthoot Finance Limited.
- Obtains fresh RBI license as NBFC without public deposits.
2009
- Retail loan portfolio exceeds Rs. 30 billion; debenture portfolio exceeds Rs. 15 billion.
- Net owned funds exceed Rs. 3 billion.
- Gross annual income exceeds Rs. 5 billion.
- Bank credit limits exceed Rs. 10 billion.
2010
- Retail loan portfolio exceeds Rs. 50 billion; debenture portfolio exceeds Rs. 20 billion.
- Net owned funds exceed Rs. 4 billion.
- Bank credit limits exceed Rs. 20 billion.
- ICRA assigns A1+ rating for Rs. 2 billion short-term debt.
- CRISIL assigns P1+ rating for Rs. 4 billion short-term debt.
- Branch network exceeds 1,000 branches.
- Demerger of FM radio business into Muthoot Broadcasting Private Limited.
- Receives Rs. 1,575.45 million private equity from Matrix Partners India Investments and Baring India Private Equity Fund III.
- Receives Rs. 425.83 million private equity from Kotak India Private Equity Fund and Kotak Investment Advisors.
2011
- Launches Western Union Money Transfer Service.
- M.G. George Muthoot awarded Businessman of the Decade by World Malayalee Council.
- M.G. George Muthoot awarded Asian Businessman of the Year by UK-Kerala Business Forum.
2012
- M.G. George Muthoot receives Business Leadership award at Golden Peacock Awards.
- George Jacob Muthoot receives Business Excellence Award from Trivandrum Chamber of Commerce.
- Sara George awarded Best Principal of the State.
- Hosts 6th Green Schools Programme awards ceremony.
2013
- Launches Employee Stock Options Plan (ESOP).
- Obtains RBI license for 9,000 White Label ATMs.
- Branch network exceeds 4,400 branches.
2014
- Presented Emerging Business Leader of the Year at AIMA Managing India Awards.
- Acquires 30% stake in Asia Asset Finance, Sri Lanka.
- Completes Institutional Placement Program.
- Launches Onam scheme for Kerala customers.
2015
- Partners with Yes Bank.
- Launches website for Muthoot ATMs.
- Launches Missed Call Service for Gold Loan status.
2016
- Completes acquisition of Muthoot Insurance Brokers Pvt Limited.
2017
- Launches loan scheme for SME working capital requirements.
2018
- Completes acquisition of Muthoot Money Private Limited.
2019
- Proposes acquisition of IDBI Asset Management Limited and IDBI MF Trustee Company Limited.
2020
- Honored with CSR Awards for Return to Consumer and Community Development.
- Wins Most Trusted Financial Services brand title for fifth year per TRA Brand Trust Report.
2021
- Profiled in India’s Leading BFSI and FinTech Companies by Dun & Bradstreet.
- Wins CII DX Award for Best Practice in Digital Transformation.
2022
- Bags Best CSR Organisation - Based on Impact award at Made in Kerala Awards.
- Wins Skoch Financial Inclusion Award.
2023
- Bags 15th NBFC Fintech Award as Most Influential NBFC of the Year.
- Awarded Best NBFC at 2nd Edition of Made in Kerala Awards by FICCI Kerala.
2024
- Acquires equity shares in Belstar Microfinance Limited.
- Wins Best Sports Sponsorship Award at Indian CSR Awards.
- Honored with Changemaker Award.
- Retains India's #1 Most Trusted Financial Services Brand for 8th consecutive year per TRA Brand Trust Report.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800