MUTHOOT MICROFIN LIMITED

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GoldenPi Bond Utsav 2025 is Live

Earn up to 13.50% p.a

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Invest in Gold Loan Backed Bonds from Muthoottu Mini Financiers Ltd.

Earn 11.30% p.a

Invest Now

GoldenPi Bond Utsav 2025 is Live

Earn up to 13.50% p.a

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Invest in Gold Loan Backed Bonds from Muthoottu Mini Financiers Ltd.

Earn 11.30% p.a

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Returns (YTM)

N/A

Min. Investment

N/A

Remaining Tenure

2Y 10M 28Days

Payment Terms

Monthly

Highlights

Credit Rating

CRISIL A+/POSITIVE

Seniority

SENIOR

Security

Secured

Default History

Zero

Adequate Capitalisation : Net worth of ₹2702 Cr & gearing of 3.14x (Sep’25) vs ₹2,641 Cr & 2.8x (Jun’25); strong 28.91% CAR.

Regulatory tailwind:RBI cut qualifying-asset requirement to 60% (from 75%), enabling MFIs to deploy up to 40% into diversified, higher-yield product

Diversified funding mix:Access to 50+ lenders with diversified borrowings across term loans(46%), securitisation(36%), ECBs(14%) & NCDs(6%).

Improving collection trends: Non-overdue collection efficiency >99% in FY26 with rising recoveries

Adequate Liquidity : Cash & liquid investments of ₹537 cr vs ₹1,218 cr dues over Jul–Aug'25 supported by ₹1,002 cr securitisation line.

Company Financials

Revenue

PAT

Debt

Net Worth

Important disclaimer

Ratio Analysis

1.34

Net NPA

Good

Benchmark: Lower than 3%

27.85

Capital Adequacy Ratio

Good

Benchmark: Minimum 14%

3.01

Debt to Equity Ratio

Good

Benchmark: Maximum 12 times

0.69

Interest Coverage Ratio

Risky

Benchmark: Minimum 2

Important disclaimer

About Issuer

Muthoot Microfin Limited is a leading Indian microfinance company committed to empowering underserved and low-income communities, especially women. The company operates a network of 1,088 branches across 315 districts in India and serves over 2,587,541 active customers. Muthoot Microfin provides a range of financial products and services, aimed at improving the financial inclusion of its clients. The company offers three solutions to meet the diverse needs of its clients: Livelihood Solution, Life Betterment Solution, and Health and Hygiene Solution. The Livelihood Solution provides financial assistance to individuals engaged in self-employment and small businesses, the Life Betterment Solution offers loans for personal and household expenses, and the Health and Hygiene Solution provides financial assistance for medical emergencies and health-related expenses. With its focus on responsible lending practices and women empowerment, Muthoot Microfin has earned recognition in the microfinance industry.

Total Annual Revenue

843 Cr (FY 22)

Year of Inception

1992

Industry

NBFC Retail

Head Office

Mumbai

Type of Issuer

Corporate

Current MD/CEO

Mr. Thomas Muthoot

Credit Rating / Outlook

A+ STABLE

CRISIL

Credit rating by different rating agencies indicates the bond issuer’s ability to repay its debt obligations. A bond can be rated by one or more SEBI registered credit rating agencies e.g. CRISIL, CARE, ICRA, IND, BWR, ACUITE, INFOMERICS.
Bonds/NCDs with A credit rating are considered to have an adequate degree of safety regarding timely servicing of debt obligations. Such Bonds/NCDs carry low credit risk.
Stable Outlook suggests that the rating is unlikely to change significantly in the near to medium term, indicating a stable credit profile of the issuer.

Other Important Details & Disclosures

Issuer Name

MUTHOOT MICROFIN LIMITED

Security Name

ISIN

Copy

INE046W07255

Face Value

₹ 1,00,000

Coupon Rate

10.75%

Coupon Type

FIXED

Payment Terms

Monthly

Maturity Date

7-Jul-2026

Clean Price

₹ 101.7

Dirty Price

Current Yield

Yield to Maturity

10.2488%

Mode of Issue

Private Placement

Date of Issue

7-Jul-2023

Listed

Yes

Instrument Type

Taxable

Security

Secured

Seniority

SENIOR

Perpetual

Trustee Details

Registrar Details

Looking For More Information ?

Download Prospectus

Taxation

10%

TDS on Interest Income*

*Given TDS is indicative and fully claimable while filing ITR. The interest income from this bond will be taxable and will appear in the additional source of income in your ITR. Please consult your tax advisor for precise taxation details
As a listed bond, it is subject to capital gains tax based on the holding period. A holding period of less than 1 year qualifies as short-term, while more than 1 year qualifies as long-term.
You can submit your Form 15G/15H to the registrar and debenture trustee of the bond to avoid the TDS deduction. Download Form

Registrar details: NA

This bond is
currently out of stock

Download Cashflow

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FAQs about MUTHOOT MICROFIN LIMITED bonds

How to buy this MUTHOOT MICROFIN LIMITED bond online?

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What is the yield of this MUTHOOT MICROFIN LIMITED bond?

undefined% is the current yield of this MUTHOOT MICROFIN LIMITED bond. A bond’s current yield indicates the annual return based on its current market price and annual coupon payment.
In addition to current yield, the yield to maturity (YTM) of this MUTHOOT MICROFIN LIMITED bond is undefined%, which indicates the total expected return if the bond is held till the maturity date. It is calculated using the XIRR method considering current price, face value, coupon payments, and time to maturity.

Is it safe to invest in bonds?

Investing in bonds is relatively a safer option but it depends on factors like:

The creditworthiness of the issuer indicated by the credit rating
The debt quality of the bond indicated by its seniority and security
Your investment goals and risk appetite

If you are an existing bond investor and want to sell your bond holdings before maturity, you can do so through the secondary market. This can be done either through exchanges such as BSE or NSE, or you can also request a quote from your relationship manager at GoldenPi.

How to redeem this MUTHOOT MICROFIN LIMITED bond?

To redeem this MUTHOOT MICROFIN LIMITED bond, bond, kindly first check its redemption value and redemption schedule. This can be found by downloading the cash flow from the “Calculate Your Returns” section of this page or by contacting the support team at GoldenPi.
Once you buy this bond, the units would be reflected in your demat account.
Upon maturity, the bond units held in your demat account will be automatically debited on the maturity date, and if the maturity date falls on a bank holiday, the redemption amount will be paid out on the next working day.
The funds will be credited to the bank account linked to your demat account. The process of redeeming this MUTHOOT MICROFIN LIMITED bond is generally simple and straightforward. Contact our support team for more information.

Is this MUTHOOT MICROFIN LIMITED bond tax-free?

No, this MUTHOOT MICROFIN LIMITED bond is not tax free. The interest income received from these bonds will be treated as “income from other sources” in the ITR and the tax will be calculated as per your income tax slab.

To know more about taxation in detail please read this article: https://goldenpi.com/blogessentials/bond-market/taxation-on-gains-from-bond-investments/

Can I sell this MUTHOOT MICROFIN LIMITED bond before the maturity date?

Yes, it is possible to sell this MUTHOOT MICROFIN LIMITED bond before maturity. However, as the sale process happens in the secondary market, the price can be determined by a variety of factors, including interest rates, credit ratings, company performance, and market demand.

To know more about the sale process, contact us at https://goldenpi.com/contact-us

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Highlights

Company Financials

Ratio Analysis

About Issuer