Muthoottu Mini’s AUM Hits ₹4141.60 Cr in FY25

KOCHI:
Muthoottu Mini Financiers Ltd., one of India’s most trusted and long-standing gold loan NBFCs, popularly known as Muthoottu Yellow, has announced its audited financial results for the quarter and financial year ended March 31, 2025. The company reported revenue of ₹815.15 crore, a 21.3% increase from ₹671.84 crore in FY24, reflecting sustained momentum across its core gold lending business.

A key highlight of the year was the company’s Assets Under Management (AUM) reaching ₹4141.60 crore, up from ₹3,522.77 crore in the previous fiscal, marking a year-on-year growth of 17.57%. This expansion in the loan book was driven by increasing demand for gold loans and the company’s ongoing focus on strengthening its branch network in semi-urban and rural markets.

Muthoottu Mini reported a Profit After Tax (PAT) of ₹94.18 crore for FY25, compared to ₹77.83 crore in FY24 a 21.0% increase, further validating the strength of its operating model. The growth in profitability was supported by stable revenue, efficient cost management, and high-quality underwriting practices.

The company continued to maintain control over its asset quality. Gross Non-Performing Assets (Gross NPA) stood at 0.85%, and Net NPA at 0.50%. These low NPA levels demonstrate Muthoottu Mini’s disciplined approach to credit, particularly in the gold loan segment where quick disbursal and short-term repayment cycles contribute to portfolio health.

Additionally, Muthoottu Mini’s Capital to Risk-weighted Assets Ratio (CRAR) remained strong at 21.38%, well above the regulatory threshold, underscoring its financial resilience and ability to fund future growth.

During the period, ICRA assigned a [ICRA] ‘A (Stable)’ rating to the company’s long-term borrowings. Earlier, Muthoottu Mini’s long-term facilities were rated CARE A-, Stable by CARE Ratings Limited and IND A-, Stable by India Ratings and Research Private Limited. The upgrade in rating from a forefront credit rating agency like ICRA Ratings Limited reflects Muthoottu mini’s consistent financial performance, robust asset quality, and scalable operations across India.

Commenting on the performance, Mathew Muthoottu, Managing Director, Muthoottu Mini Financiers, said, “FY25 has been a year of disciplined expansion. We saw increased demand for gold loans across regions, which translated into a healthy rise in our AUM and revenues. Our focus remains on maintaining portfolio quality and reaching underserved customer segments with simple, secured lending products.”

P. E. Mathai, Chief Executive Officer, Muthoottu Mini Financiers, added, “Our double-digit growth across revenue, AUM, and PAT is a reflection of our focused execution strategy. The increase in footfall at our branches, driven by operational outreach and digital servicing, has enabled us to scale efficiently while managing risks. We will continue to build on this momentum with sharper distribution and improved customer convenience in FY26.”

During the year, the company invested in upgrading its digital infrastructure to offer faster and more transparent services. Muthoottu Mini’s mobile app, digital gold loan renewals, and customer notification systems contributed to higher customer retention and reduced branch-level dependency for routine transactions.

As of March 2025, Muthoottu Mini operates through 948 branches across 10 states and 2 union territories, serving a customer base of 2.5 million+, supported by a team of 5,000+ employees. Its distribution footprint continues to widen, particularly in high-potential markets across South and West India.