MUTHOOTFIN.NSE

Muthoot Finance Ltd.

Several Indian largecap companies showed strong financial results in the December quarter. Trent and Vedanta were among ten firms that achieved substantial profit growth, with some seeing increases up to 125 percent year-on-year. Other companies like Muthoot Finance, Siemens Energy, and TVS Motor also reported healthy profit jumps.

Feb 13 (Reuters) - Shares of India's Muthoot Finance fell more than 11% on Friday, putting the stock on track for its biggest daily percentage drop since August 2022, as investors questioned the

Feb 12 (Reuters) - Indian gold loan financier Muthoot Finance reported a surge in third-quarter profit on Thursday, driven by strong loan demand amid record-high gold prices.

New Delhi [India], February 12: Following a historic start to 2026 that saw gold prices climb to ₹1,60,540 per 10 grams, Muthoot Finance is providing a roadmap for consumers to navigate this new landscape. This 18% surge in value has prompted the gold loan leader to issue a market advisory, ensuring that borrowers are equipped to leverage their appreciating assets effectively. Muthoot Finance Issues Market Advisory as Domestic Gold Surges to ₹1.6 Lakh Milestone.

MUMBAI: India’s Muthoot Finance has accepted bids worth $600 million for dollar-denominated bonds maturing in four years and six months, the country’s largest gold finance company said in a notice to stock exchanges on Friday. The company will offer a yield of 5.75% to investors, below the initial price guidance of 6.1250%, two merchant bankers said. “The net proceeds from each issue of notes will be applied by the issuer for the purpose of onward lending and other activities as may be permitted by the ECB Guidelines,” Muthoot Finance said in the notice. Financial research firm CreditSights puts the fair value of the issuance at 5.75% and rates it “market perform”, citing the company’s strong fundamentals. In August 2025, Muthoot Finance raised $600 million through a similar bond issue, and another $150 million via a reissue in October. India 10-year bond posts worst pre-budget monthly fall in 4 years on supply jitters We expect a similar fact pattern for the current bond, as $750 million may be too large for the issuer to deploy in a quarter, and so a benchmark new issue can be expected in the following quarter, CreditSights said in a note.

It will offer a yield of 5.75% to investors.

Muthoot Finance successfully raised $600 million through a four-and-a-half-year dollar bond offering, securing a yield of 5.75%, lower than initially anticipated. This move, aimed at funding lending operations, follows similar successful issuances last year. Analysts view the company's fundamentals positively, anticipating further bond activity. This marks India's third dollar bond sale this year.

Indian banks are expected to post better annual and sequential earnings in the December quarter, supported by improving loan growth and stable asset quality, though pressure on deposit growth is likely to cap upside, brokerages said. Analysts expect private sector banks to post average profit after tax growth of about 3.5%–5% year-on-year for October-December, higher than the 2% rise in the year-ago period. State-owned lenders are seen registering a more modest 2.5%–3% rise. Credit momentum, the pace of loan growth, has strengthened in recent months on festive-season spending and Goods and Services Tax (GST) cuts, signalling a rebound in credit appetite in the world’s fastest-growing major economy. Major lenders posted double-digit loan growth in the December quarter. Net interest income (NII) is expected to improve sequentially as loan growth picks up. “NII is likely to see a sequential uptick in the December quarter, driven by better loan growth,” said Vishal Narnolia, assistant vice-president, research, at ICICI Securities.

Banking on Indians’ obsession with the metal, Muthoot Finance pivoted from timber to lending against gold jewelry almost nine decades ago and is now India’s largest gold lender.