Muthoot Capital Services Limited — PPTs, 04-02-2025: Investor Presentation

**Financial Highlights:**

Muthoot Capital Services reported AUM of ₹2,833 Cr, reflecting a 46% year-over-year growth. Disbursement for the quarter rose to ₹846 Cr, up 77% from the previous year. Despite growth, Profit Before Tax (PBT) decreased to ₹17.29 Cr, down 20% sequentially, and Profit After Tax (PAT) declined to ₹12.69 Cr, a 22% drop. The Gross NPA stands at 4.73%, with a net NPA of 2.22%.

**Strategic Initiatives and Growth Drivers:**

The company has expanded into Bihar and Jharkhand and initiated a co-lending business, aiming to enhance its geographic reach and product offerings.

**Business Developments:**

Noteworthy is the establishment of a strong customer base, totaling over 5 lakh, with 100,198 new customers added this quarter.

**Market Position and Competitive Advantage:**

Muthoot Capital continues to strengthen its position as a leading automobile finance provider. The company holds a CRISIL A+ rating, indicating robust credit quality and stability.

**Investor Implications:**

While growth in AUM and disbursements is promising, investors should monitor the decline in profitability and NPA levels. Overall, the developments suggest a positive outlook for Muthoot Capital, emphasizing the need for close observation of asset quality trends.