MUTHOOT MCRED LIMITED

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Unveiling the Golden Experience, Crafted for you!

25K+ already in the waitlist

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Invest in Midland Microfin Ltd.

Earn up to 12.85% p.a.

Invest Now

Unveiling the Golden Experience, Crafted for you!

25K+ already in the waitlist

Join Now

Invest in Midland Microfin Ltd.

Earn up to 12.85% p.a.

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INE101Q07BS1 is Out of Stock

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INE101Q07BS1 - Bond Details

Returns (YTM)

N/A

Min. Investment

N/A

Tenure

8M - 22M

Payment Terms

Monthly

Highlights

Credit Rating

ICRA A/STABLE

Seniority

SENIOR

Security

Secured

Default History

Zero

Asset Quality: Gold loans comprise over 92% of its portfolio, demonstrating the company’s expertise and dominant position in this segment.

Strong promoters: The company is fully owned by the promoters and promoter-held entities, reflecting strong commitment and long-term support.

Experienced team: Muthoottu Mini is led by a seasoned leadership team with over 160 years of combined experience in banking, financial services, and gold loans.

Low cost: Muthoottu Mini has maintained strong asset quality with GNPA and NNPA of 0.93% and 0.58% respectively as of March 2025 which is better amongst the industry.

Company Financials

PAT

AUM

Net Worth

Cash & Cash Eq.

Important disclaimer

Ratio Analysis

0.5

Net NPA

Good

Benchmark: Lower than 3%

0.85

Gross NPA

Good

Benchmark: Lower than 5%

21.38

Capital Adequacy Ratio

Good

Benchmark: Minimum 15%

2.03

Return on Assets

Good

Benchmark: Minimum 2%

Important disclaimer

About Issuer

Muthoot MCred Limited (earlier known as Muthoottu Mini Financiers Ltd) is an RBI-registered non-banking financial company with a strong focus on secured lending. Established in 1998, the company has built its core business around gold loans, which form the majority of its portfolio, while also offering microfinance and select financial services such as insurance distribution and money transfer.

With a network of over 970 branches spread across 12 states, Muthoot MCred primarily serves customers in rural and semi-urban markets where access to formal credit can be limited. As of September 2025, the company reported assets under management of approximately Rs 5,495 crore, reflecting steady scale and operational growth.

Total Annual Revenue

Rs 815.1Cr (FY - 2025)

Year of Inception

1998

Industry

NBFC Retail

Head Office

KOCHI

Type of Issuer

Corporate

Current MD/CEO

Mr Mathew Muthoottu

Credit Rating / Outlook

A STABLE

ICRA

Rating Rationale

Rating Date: 18-Feb-2026

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 MCRED LIMITED

Security Name

9.3% MUTHOOT MCRED LIMITED Secured Rated Listed NCD Maturity 27-Jan-2028

ISIN

Copy

INE101Q07BS1

Face Value

₹ 10,000

Issued FV

₹ 10,000

Coupon Rate

9.3%

Coupon Type

FIXED

Payment Terms

Monthly

Maturity Date

27-Jan-2028

Clean Price

₹ 98.25

Dirty Price

Current Yield

9.4656%

Yield to Maturity

11%

Mode of Issue

Private Placement

Date of Issue

27-Oct-2025

Listed

Yes

Instrument Type

Taxable

Security

Secured

Seniority

SENIOR

Perpetual

Trustee Details

Catalyst Trusteeship Limited

901,9th Floor, Tower- B, Peninsula Business Park,Senapati Bapat Marg, Lower Parel (W), Mumbai - 400013

Registrar Details

MUFG Intime India Private Limited (formerly known as Link Intime Pvt Ltd.)

C 101, 247 Park, LBS Marg, Vikhroli West,Mumbai 400083

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: MUFG Intime India Private Limited (formerly known as Link Intime Pvt Ltd.) C 101, 247 Park, LBS Marg, Vikhroli West,Mumbai 400083

This bond is
currently out of stock

Download Cashflow

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Is this MUTHOOT MCRED LIMITED bond tax-free?

No, this MUTHOOT MCRED 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/

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MUTHOOT MCRED LIMITED

MUTHOOT MCRED LIMITED

INE101Q07BS1 - Bond Details

Highlights

Company Financials

Ratio Analysis

About Issuer