Muthoot Finance has become the first listed company from Kerala to cross the coveted ₹1 lakh crore market capitalisation (m-cap) milestone. The share price touched an all-time high of ₹2,545.90 on BSE on Wednesday. The company now ranks amongst the top 100 listed Indian companies in terms of m-cap.
In FY25, the Kochi-based firm reported a consolidated loan AUM of ₹1.22 lakh crore, having crossed ₹1 lakh crore in gold loan AUM, and achieved a consolidated PAT of ₹5,352 crore, showcasing its robust performance.
Muthoot Finance also achieved ₹50,000 crore market capitalisation in Q2 FY21 when the share price hit ₹1,120. In just four years, by Q2 FY25, the company soared to ₹75,000 crore market capitalisation as the share price reached ₹1,850—signifying sustained investor faith and growth momentum, said a press release.
The company also received credit rating upgrades from leading global agencies such as S&P Ratings upgraded from BB/B to BB+/B; Moody’s Ratings upgraded from Ba2 to Ba1.
George Alexander Muthoot, Managing Director, Muthoot Finance, said: “Crossing the ₹1 lakh crore market capitalisation mark is a landmark achievement – not just for Muthoot Finance, but also for Kerala and the gold loan industry at large. This milestone is rooted in our strong fundamentals, consistent performance, our customer-first approach, and the trust placed in us by millions across India. It also underscores the growing recognition and formalisation of the gold loan sector, which has long served as a lifeline for Indian households in the time of need”.
The company has also expanded its national footprint rapidly, now operating over 4,800 branches across the country. The company is doubling down on digital lending solutions and has been diversification portfolio with offerings including personal loans, business loans, affordable housing loans, loan against property, insurance broking etc. through its different verticals.