Muthoot Finance - A long Term Gem from NFBC Sector

Note: This stock study was published to our IHG group on 26th June

Company Description

Muthoot Finance Limited is the flagship company of the Muthoot Group. This Kerala based group has a legacy of gold loan business for more than 125 years. The company has emerged as India’s largest gold financing company in terms of loan portfolio.
·    Below are few factors about the company which showcases its pan India presence.
·    Largest Gold financing company in terms of loan portfolio
·    26 States and Union Territories of India have our presence
·   4,300+ Strong branch network enabling us deeper penetration across India; over 70% of our branches are in under-served rural and semi-urban Indian market
·   80,000+ Customers are served every day; their satisfaction confirms repeat business
·   450,000+ Retail investor base across debenture and subordinated debt portfolio
·  131 Tonnes Gold jewellery kept as security as on 31st March, 2015.

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2. You should have pan card.
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