Key Quantitative Figures
- Fund raise amount: ₹250 crore
- Number of NCDs allotted: 2,50,000
- Face value per NCD: ₹10,000
- Tenure: 24 months
- Coupon rate: 9.25% per annum
- Payment frequency: Monthly
- Cost of funds decline in FY26: 75 bps
- Gross Loan Portfolio (GLP) as on 30th June 2026: ₹14,457.2 crore
- Active customers: 3.25 million
- Branches: 1,671 across 21 states and 392 districts
Parties Involved
- Issuer: Muthoot Microfin Limited
- Stock exchanges: BSE Limited (Scrip Code: 544055) and National Stock Exchange of India Limited (Scrip Code: MUTHOOTMF)
- Rating agency: CRISIL (recent upgrade to CRISIL AA-/Stable)
- CEO: Mr. Sadaf Sayeed
- Investor Relations contact: Mr. Rajat Gupta, AVP - Investor Relations
Purpose and Rationale
- Strengthen funding profile
- Diversify liability mix
- Optimize overall cost of borrowing
- Support focus on strengthening margins
- Enable responsible growth and serve more customers across markets
Security Structure
NCDs are secured by a first-ranking, exclusive charge over the Company's receivables.
Approval and Limits
The fund raise is well within the limits approved by the Company's Board of Directors.
Company Background
Muthoot Microfin Limited is part of Muthoot Pappachan Group (Muthoot Blue) and is one of the leading listed microfinance institutions in India. The company promotes entrepreneurship among women and inclusive growth through micro loans to women engaged in small businesses. The company is part of S&P BSE Financial Services Index.
Forward-Looking Statements
The document contains forward-looking statements regarding the Company's funding profile, borrowing costs, liability mix, net interest margins, business strategy and future performance, with appropriate caution about uncertainties and factors that may cause actual results to differ materially.