Muthoot Microfin Limited
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Muthoot Microfin Limited - overview
Established
2015
Location
Mumbai, Maharashtra, India
Primary Industry
Financial Services
About
Muthoot Microfin Limited is a microfinance institution that specializes in providing financial services aimed at empowering underprivileged individuals in rural India through accessible loans and financial support. Founded in 2015, Muthoot Microfin Limited operates as a microfinance institution based in Mumbai, India. The company focuses on promoting financial inclusion by offering tailored financial solutions to underserved communities. Sadaf Sayeed currently leads the company as CEO.
The company has successfully raised a total of USD 10. 00 mn in funding, with its latest round of funding labeled as Growth, where Greater Pacific Capital invested USD 10 million on September 12, 2022. Since its inception, Muthoot Microfin Limited has completed 3 deals to enhance its operational capacity. Muthoot Microfin provides a diverse range of microfinance products designed to foster financial inclusion for marginalized groups in rural India.
Key offerings include income-generating loans, dairy loans, sanitation loans, and water purifier loans, aimed at supporting entrepreneurship and improving health standards. The company particularly focuses on empowering women entrepreneurs through skill training programs, operating across 20 states and Union Territories and serving over 34 lakh active customers, including micro-entrepreneurs and low-income families. In the most recent fiscal year 2023, Muthoot Microfin reported revenue of USD 178,022,311. 20, with an EBITDA of USD -44,315,564.
60. The organization's revenue primarily comes from interest income generated through loans provided to clients for various purposes, including business ventures and improvements in sanitation facilities. The financial products are structured to meet the specific needs of rural populations, reinforcing Muthoot Microfin's role in India's microfinance sector. Following the recent investment of USD 10 million from Greater Pacific Capital in September 2022, Muthoot Microfin Limited aims to expand its branch network by 50% this year.
The funding will support the company's strategic initiatives and facilitate its growth trajectory. The firm is also looking into launching new financial products tailored to the evolving needs of its customer base, although specific details and release dates have not been disclosed.
Current Investors
Greater Pacific Capital, Creation Investments Capital Management
Primary Industry
Financial Services
Sub Industries
Consumer Finance
Website
www.muthootmicrofin.com
Verticals
FinTech
Company Stage
Mature - Growth Capital
Total Amount Raised
Subscriber access only
Muthoot Microfin Limited - timeline of key events
Muthoot Microfin Limited - financials
| Fiscal Year Ended | Mar 31, 2016 | Mar 31, 2017 | Mar 31, 2018 | Mar 31, 2019 | Mar 31, 2020 | Mar 31, 2021 | Mar 31, 2022 | Mar 31, 2023 | Mar 31, 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 521,545,385 | 2,438,411,704 | 4,511,431,389 | 5,349,230,000 | 6,366,270,000 | 6,414,340,000 | - | - | - |
| % Revenue Growth (YoY) | - | 367.5% | 85.0% | 18.6% | 19.0% | 0.8% | - | - | - |
| EBITDA (USD) | 356,631,748 | 1,399,801,354 | 2,807,825,012 | 5,072,050,000 | 3,240,800,000 | 3,272,160,000 | - | - | - |
| Operating Income (USD) | 356,465,541 | 1,390,070,898 | 2,789,422,568 | 5,042,400,000 | 3,103,710,000 | 3,083,830,000 | - | - | - |
| Operating Margin | 68.3% | 57.0% | 61.8% | 94.3% | 48.8% | 48.1% | - | - | - |
| % EBITDA Margin | 68.4% | 57.4% | 62.2% | 94.8% | 50.9% | 51.0% | - | - | - |
| NET Income (USD) | 94,100,649 | 370,381,396 | 760,068,203 | 2,012,250,000 | 182,060,000 | 70,540,000 | - | - | - |
| % Net Margin | 18.0% | 15.2% | 16.8% | 37.6% | 2.9% | 1.1% | - | - | - |
Muthoot Microfin Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Announced | Muthoot Microfin Limited | - | ||||||||
| Growth | Completed | Muthoot Microfin Limited | - | ||||||||
| Growth | Completed | Muthoot Microfin Limited | - |
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Muthoot Microfin Limited - employee data
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