MUTHOOT HOUSING FINANCE COMPANY LIMITED

• Muthoot Housing Finance Company Limited (MHFCL), established in 2010 and based in Mumbai, is an affordable housing finance company backed by the trusted Muthoot Pappachan Group (Muthoot Blue). It is registered with the Reserve Bank of India (RBI).
• The company focuses on providing housing finance solutions to low-income households, especially those with limited credit history or lack of access to formal banking channels.
• MHFCL is a subsidiary of Muthoot Fincorp Ltd. and currently manages an Assets Under Management (AUM) of ₹2,311 crore. It operates across 11 Indian states and one union territory, supporting financial inclusion in underserved regions.

Backed by a Trusted Financial Group

Muthoot Housing Finance Company Ltd. (MHFCL) benefits from the strong backing of the Muthoot Pappachan Group (MPG)—a reputed business house with a legacy of over 140 years and a widespread presence through 3,600+ branches across India. Muthoot Fincorp Ltd. (MFL) and its promoter group collectively own close to 100% of MHFCL. As of September 30, 2024, the Group's four key financial arms—MFL, MML, MCSL, and MHFCL—managed a combined assets under management (AUM) of ₹45,463 crore.

Healthy Capital Position

The company maintained a strong net worth of ₹366 crore, driven by consistent internal earnings and regular capital infusion from MFL. The capital adequacy ratio (CAR) stood at a comfortable 23.3% as of September 2024, reflecting sound financial resilience.

Comfortable Liquidity Profile

As of September 2024, MHFCL reported no liquidity mismatches across any time period. With cash and cash equivalents of around ₹222 crore, the company is well-positioned to meet its upcoming three-month obligations, including debt repayments and operating expenses.

Consistent Profitability Growth

The company recorded a 34% growth in profit after tax (PAT) in FY24, with momentum continuing in the first half of FY25. Its net interest margin (NIM) remains robust at 7.6%, highlighting operational efficiency.

Stable Asset Quality and Strong Collections

Gross non-performing assets (GNPA) have stayed within a low and stable range of 0.8% to 1% over the last two and a half years. Collection efficiency remains strong at approximately 99% over the past 12 months, reflecting disciplined underwriting and borrower quality.