What we do Muthoot Microfin Ltd is a leading microfinance NBFC in India, providing micro-loans primarily to women entrepreneurs in rural areas. |
Founded in 1,992 |
Market share Second largest NBFC-MFI under Muthoot Pappachan Group with over 1,699 branches across 16 states. |
Problem solved Offers financial inclusion by providing income generation, life betterment, and health-related loans to underserved rural women. |
Top clients or who we serve Primarily rural women entrepreneurs; serves B2C clients across India with microfinance products. |
Key management Thomas Muthoot John (Executive Director), Sadaf Sayeed (CEO), Praveen T (CFO) |
Our journey and innovations Started in 1992, acquired by Muthoot Pappachan Group in 2011, RBI NBFC-MFI status in 2015, IPO in 2023, digital onboarding e-KYC license in 2025. |
Where we operate Present across 16 Indian states with emphasis on South India, recently expanded to Assam and Telangana. |
Top products or what we offer Group livelihood loans, individual income loans, health and hygiene loans, solar energy and mobile phone loans. |
Top brands Mahila Mitra app (1.73 million downloads), Griha Suraksha Shield insurance with 2.66 million beneficiaries. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily recurring from interest on loans and financial services. |
Our industry position Among top 10 NBFC-MFIs in India, with CRISIL A+ rating and robust portfolio growth. |
Financial highlights FY25 Revenue ₹25,617 million; Net loss ₹2,225 million due to provisions; 3.43 million active customers; Gross Loan Portfolio ₹123,567 million. |
Geographical revenue split Major revenue from South India (~66%), with presence across other Indian regions. |
Order book - |
Whats driving growth Digital onboarding, expansion into individual loans, strong branch network, and quality client acquisition. |
Our future plans Grow individual loan portfolio, expand branch network, enhance digital collections and e-KYC capabilities. |
Our green promise Incorporates solar energy loans and sustainable financial inclusion initiatives; achieved high ESG rating (72.2). |
Our people and values Over 16,000 employees emphasizing gender diversity, ethical conduct, and inclusive workplace culture. |
Key challenges ahead Managing asset quality, rural market risks, competitive pressures, and regulatory compliance. |
Interesting facts Delivered highest tier CARE ESG rating; retained Great Place to Work certification six times; won multiple awards for financial inclusion. |
Risks and strategy Focused risk management with robust credit appraisal, geo-tagging, and continuous portfolio monitoring to mitigate credit and operational risks. |
