Muthoot Finance Reports 82.53% Net Profit Growth, Achieves 105.66% Multibagger Return Over Year

Muthoot Finance Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has showcased remarkable performance over the past year, achieving a staggering 105.66% return, significantly outpacing the Sensex's 8.81%. This mid-cap stock has demonstrated consistent growth, with impressive returns of 72.91% year-to-date and a remarkable 240.17% over the last three years.
The company's financial metrics reflect its robust operational strength, highlighted by a healthy average Return on Equity (ROE) of 20.32% and a notable annual growth rate of 15.62% in operating profit. Muthoot Finance recently reported outstanding quarterly results, with net sales reaching an all-time high of Rs 7,282.79 crore and a net profit growth of 82.53%.

Additionally, the stock enjoys high institutional holdings at 22.95%, indicating strong confidence from seasoned investors. Muthoot Finance is recognized among the top 1% of companies rated by MarketsMojo, ranking second in both the mid-cap category and across the entire market. With ten consecutive quarters of positive results, Muthoot Finance continues to solidify its position as a leading entity in the financial sector.