- Net Income: 10.8 billion rupees, up 11% year-over-year, but lower than the estimated 11.64 billion rupees.
- Revenue: 37.04 billion rupees, an increase of 23% year-over-year, surpassing the estimate of 23.09 billion rupees.
- Interest Income: 36.6 billion rupees, up 24% year-over-year.
- Total Costs: 22.2 billion rupees, a rise of 30% year-over-year.
- Finance Cost: 13.5 billion rupees, up 27% year-over-year, higher than the estimated 13.22 billion rupees.
- Other Income: 63.1 million rupees, a decrease of 77% year-over-year.
- Analyst Ratings: 17 buys, 3 holds, 3 sells.
A look at Muthoot Finance Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With a strong dividend score of 5 and solid momentum score of 4, Muthoot Finance seems well-positioned for long-term success. The company’s emphasis on providing reliable returns to its shareholders through dividends indicates a financially stable and profitable operation. Additionally, the positive momentum score suggests that Muthoot Finance is likely to continue its upward trajectory in the market, driven by investor interest and confidence in the company’s performance.
While Muthoot Finance shows adequate value and growth scores of 3 each, its resilience score of 2 may raise some concerns. Despite this, the company’s core business model of providing gold loans to individuals, coupled with its strong dividend and momentum factors, bodes well for its future prospects. Overall, Muthoot Finance appears to be a promising investment opportunity for those seeking steady returns and potential growth in the long run.
### Muthoot Finance Ltd. is a gold financing company. The Company provides personal and business loans secured by gold jewellery, or Gold Loans primarily to individuals who possess gold jewelry but can’t access formal credit lines. ###
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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