Discover and get info on Muthoot Microfinance IPO Stock before buying, selling or Investing - Read our Research report on MML, check the latest news, valuations and estimated returns.
About the Company:
Muthoot Microfinance Limited (MML) is a part of the Muthoot Pappachan Group (MPG). MPG is one of the leading business conglomerates, with a presence in multiple verticals. Muthoot Microfin Limited is a leading microfinance institution focussed on providing microloans to women customers predominantly in rural regions of India.
Strengths of the Company:
1. The company has 537 branches across India serving over 14.35 Lac People
2. The company has disbursed loans worth ₹ 10, 400 Cr
Financials of the Company:
1. Revenue jumped 85% from 243 Cr in 2018 to 451 Cr in 2019.
2. Net Profits jumped 105% from 37 Cr in 2018 to 76 cr in 2019.
Promoters of the company include Thomas Muthoot, Thomas George Muthoot, Thomas John Muthoot, Nina George, Preethi John, and Remmy Thomas.
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