INTEGRATED FILING — NBFC



General information about company

Scrip code 544055
NSE Symbol MUTHOOTMF
MSEI Symbol NOTLISTED
ISIN INE046W01019
Name of company MUTHOOT MICROFIN LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 08-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-Apr-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment MFI
Start date and time of board meeting 08-May-2025   16:00:00
End date and time of board meeting 08-May-2025   18:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
(III) Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2024-11-05
Indicate Company website link for updated RPT policy of the Company https://muthootmicrofin.com/wp-content/uploads/2023/03/Policy-on-Materiality-and-Dealing-with-Related-Party-Transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No disclosures are applicable with respect to default on loans and debt securities.


Financial Results — NBFC

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations
(i) Interest Income 5270300000 23694790000
(ii) Dividend Income 0 0
(iii) Rental Income 0 0
(iv) Fees and commission Income 165470000 973040000
(v) Net gain on fair value changes 56250000 695260000
(vi) Net gain on derecognition of financial instruments under amortised cost category 0 0
(vii) Sale of products (including Excise Duty) 0 0
(viii) Sale of services 5050000 17000000
(ix) Other revenue from operations
1 Income on Investments 53260000 236840000
Total other revenue from operations 53260000 236840000
Total Revenue From Operations 5550330000 25616930000
Other income 11880000 27470000
Total income 5562210000 25644400000
2 Expenses
Cost of materials consumed 0 0
Purchases of stock-in-trade 0 0
Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
Employee benefit expense 1421060000 5339070000
Finance costs 2217080000 9301050000
Depreciation, depletion and amortisation expense 111840000 428370000
Fees and commission expense 59070000 253620000
Net loss on fair value changes 0 0
Net loss on derecognition of financial instruments under amortised cost category 0 1142170000
Impairment on financial instruments 6520090000 10423240000
(f) Other expenses
1 Other Expenses 450200000 1645920000
Total other expenses 450200000 1645920000
Total expenses 10779340000 28533440000
3 Total profit before exceptional items and tax -5217130000 -2889040000
4 Exceptional items 0 0
5 Total profit before tax -5217130000 -2889040000
7 Tax expense
8 Current tax -403430000 436900000
9 Deferred tax -802200000 -1100710000
10 Total tax expenses -1205630000 -663810000
11 Net Profit Loss for the period from continuing operations -4011500000 -2225230000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
17 Net profit (loss) from discontinued operation after tax 0 0
14 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
15 Total profit (loss) for period -4011500000 -2225230000
16 Other comprehensive income net of taxes 229360000 419380000
17 Total Comprehensive Income for the period -3782140000 -1805850000
18 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
19 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
20 Details of equity share capital
Paid-up equity share capital 1704920000 1704920000
Face value of equity share capital 10 10
21 Reserves excluding revaluation reserve
22 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings per share from continuing operations -23.54 -13.29
Diluted earnings per share from continuing operations -23.33 -13.07
ii Earnings per equity share for discontinued operations
Basic earnings per share from discontinued operations 0 0
Diluted earnings per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings per share -23.54 -13.29
Diluted earnings per share -23.33 -13.07
23 Debt equity ratio 0.0301 0.0301
24 Debt service coverage ratio 0.0 0.0
25 Interest service coverage ratio 0.0 0.0
26 Disclosure of notes on financial results


Remarks

23 Debt equity ratio
24 Debt service coverage ratio
25 Interest service coverage ratio


Cash flow statement, indirect

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax -2889040000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 9301050000
Adjustments for decrease (increase) in inventories 0
Adjustments for decrease (increase) in trade receivables, current 1844020000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets 1266600000
Adjustments for decrease (increase) in other non-current assets 154050000
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current -5093540000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current -53760000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -74890000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 428370000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 11554190000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -588210000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 4780000
Adjustments for share-based payments 56280000
Adjustments for fair value losses (gains) -701200000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -236840000
Other adjustments to reconcile profit (loss) -34070000
Other adjustments for non-cash items 0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) 17817270000
Net cash flows from (used in) operations 14928230000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 1107940000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 13820290000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 46905420000
Other cash payments to acquire equity or debt instruments of other entities 49737910000
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment -1070000
Purchase of property, plant and equipment 207320000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 1763020000
Net cash flows from (used in) investing activities -1277860000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 57532870000
Repayments of borrowings 72036370000
Payments of lease liabilities 371230000
Dividends paid 0
Interest paid 0
Income taxes paid (refund) 0
Other inflows (outflows) of cash 28320000
Net cash flows from (used in) financing activities -14846410000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -2303980000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents -2303980000
Cash and cash equivalents cash flow statement at beginning of period 9276490000
Cash and cash equivalents cash flow statement at end of period 6972510000




Statement of Asset and Liabilities

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Finanical Asset
Cash and cash equivalents 6972500000
Bank Balance other than (a) above 4725220000
Derivative financial instruments 0
Receivables
(I) Trade Receivables 221120000
(II) Other Receivables 488240000
Loans 87401910000
Investments 3543420000
Other Financial assets 1058720000
Total Financial Assets 104411130000
2 Non Financial Asset
Inventories 0
Current tax assets (Net) 802170000
Deferred tax Assets (Net) 938190000
Investment Property 0
Biological assets other than bearer plants 0
Property, Plant and Equipment 767720000
Capital work-in-progress 0
Intangible assets under development 0
Goodwill 0
Other Intangible assets 1670000
Other non-financial assets (to be specified) 1649330000
Total Non Financial Assets 4159080000
Total assets 108570210000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1675970000
Other equity 24646300000
Total equity attributable to owners of parent 26322270000
Non controlling interest
Total equity 26322270000
2 Liabilities
2.1 Financial Liabilities
(a) Derivative financial instruments 76860000
(b) Payables
(I)Trade Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 190250000
II) Other Payables
(i) total outstanding dues of micro enterprises and small enterprises 0
(ii) total outstanding dues of creditors other than micro enterprises and small enterprises 6480000
(C ) Debt Securities 5636630000
(d) Borrowings (Other than Debt Securities) 73627580000
(e) Deposits 0
(f) Subordinated Liabilities 0
(g) Other financial liabilities 2507130000
Total Financial Liabilities 82044930000
2.2 Non-Financial Liabilities
(a) Current tax liabilities (Net) 0
(b) Provisions 111760000
(C ) Deferred tax liabilities (Net) 0
(d) Other non-financial liabilities 91250000
Total Non Financial Liabilities 203010000
Total liabilities 82247940000
Total equity and liabilites 108570210000
Disclosure of notes on assets and liabilities


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets
Net Segment Asset
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities
Net Segment Liabilities
Disclosure of notes on segments


Other Comprehensive Income

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Remeasurement of gain/ (loss) on defined benefit plan 7600000 -12890000
Total Amount of items that will not be reclassified to profit and loss 7600000 -12890000
2 Income tax relating to items that will not be reclassified to profit or loss 1920000 -3240000
3 Amount of items that will be reclassified to profit and loss
1 Remeasurement of financial assets carried at fair value through OCI 638440000 921160000
2 Cashflow hedge reserve -426410000 -426410000
3 Fair value change in FVOCI Debt Securities 15310000 7000000
Total Amount of items that will be reclassified to profit and loss 227340000 501750000
4 Income tax relating to items that will be reclassified to profit or loss 3660000 72720000
5 Total Other comprehensive income 229360000 419380000




Details of Impact of Audit Qualification

Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Suresh Surana & Associates LLP Yes 31-Mar-2028


Financial details

Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth


Signatories details

Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Purchase of goods or services Nil 250130000 42910000 41270000
2 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Purchase of goods or services Nil 100000 50000 20000
3 Muthoot Microfin Limited Muthoot Exim Private Limited A private company in which the relatives of directors are the members / directors Sale of goods or services Nil 131470000 54430000 5900000
4 Muthoot Microfin Limited Muthoot Pappachan Technologies Limited A subsidiary of the holding company Purchase of goods or services Nil 60680000 10800000 0
5 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Purchase of goods or services Nil 8330000 2070000 1380000
6 Muthoot Microfin Limited Thomas Muthoot Managing Director Any other transaction Rent Payment Nil 16390000 2940000 3000000
7 Muthoot Microfin Limited Thomas George Muthoot Director Any other transaction Rent Payment Nil 37780000 6750000 6860000
8 Muthoot Microfin Limited Thomas John Muthoot Director Any other transaction Rent Payment Nil 9490000 1710000 1710000
9 Muthoot Microfin Limited Muthoot Fincorp Limited Holding Company Any other transaction Rent Deposit Nil 1790000 4730000 2940000
10 Muthoot Microfin Limited Thomas Muthoot Managing Director Any other transaction Rent Deposit Nil 0 1780000 1780000
11 Muthoot Microfin Limited Thomas George Muthoot Director Any other transaction Rent Deposit Nil 0 990000 990000
12 Muthoot Microfin Limited Thomas John Muthoot Director Any other transaction Rent Deposit Nil 0 810000 810000
13 Muthoot Microfin Limited Thomas George Muthoot Director Any other transaction Trademark fee Nil 330000 0 0
14 Muthoot Microfin Limited Thomas John Muthoot Director Any other transaction Trademark fee Nil 330000 0 0
15 Muthoot Microfin Limited Thomas Muthoot Managing Director Any other transaction Trademark fee Nil 330000 0 0
16 Muthoot Microfin Limited Alok Prasad Independent Director Any other transaction Sitting Fee Nil 7400000 0 0
17 Muthoot Microfin Limited Bhama Krishnamurthy Independent Director Any other transaction Sitting Fee Nil 7400000 0 0
18 Muthoot Microfin Limited Pushpy B Muricken Independent Director Any other transaction Sitting Fee Nil 6200000 0 0
19 Muthoot Microfin Limited T S Vijayan Independent Director Any other transaction Sitting Fee Nil 6200000 0 0
20 Muthoot Microfin Limited R.Anand Independent Director Any other transaction Sitting Fee Nil 1200000 0 0
21 Muthoot Microfin Limited Anil Sreedhar Independent Director Any other transaction Sitting Fee Nil 2300000 0 0
22 Muthoot Microfin Limited Muthoot Pappachan Foundation A Public trust in which the Directors are trustees Any other transaction Conducting CSR Activities Nil 314790000 0 258130000
23 Muthoot Microfin Limited The Thinking Machine Media Private Limited A private company in which the director is a member and director Investment Nil 0 4500000 4500000
24 Muthoot Microfin Limited Sadaf Sayeed Chief Executive Officer Remuneration Nil 179550000 0 0
25 Muthoot Microfin Limited Praveen T Chief Financial Officer Remuneration Nil 41620000 0 0
26 Muthoot Microfin Limited Neethu Ajay Company Secretary and Compliance Officer Remuneration Nil 25260000 0 0
27 Muthoot Microfin Limited Thomas Muthoot John Independent Director Remuneration Nil 24190000 0 0
28 Muthoot Microfin Limited Hannah Muthoot Chief Strategy Officer Remuneration Nil 4300000 0 0
29 Muthoot Microfin Limited Credavenue Private Limited A private company in which the relatives of directors are the members / directors Purchase of goods or services Nil 82740000 0 0
Total value of transaction during the reporting period 1220300000





Format for Disclosing Outstanding Default on Loans and Debt Securities

Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt