MUTHOOTFIN - Muthoot Finance Ltd

MUTHOOTFIN.NSMUTHOOT FINANCE LIMITED
₹ 2,631.70
NSE
₹ 3.40
0.13%

Price Summery

Last Updates : 15 seconds ago

Current Price

₹ 2,631.70

Volume

122,258

Today's Open

₹ 2,640.00

Previous Close

₹ 2,635.10

Today's High

₹ 2,645.90

Today's Low

₹ 2,616.10

52 Week High

₹ 2,669.90

52 Week Low

₹ 1,664.60

Muthoot Finance Share Price Target 2025 to 2040, Detailed Analysis

By the Moneyroxx Analytical team led by Suraj Sharma

Here, we have shared Muthoot Finance Share Price Targets for 2025-2040! Based on expert forecasts, growth trends & long-term strategies and technical analysis.

Muthoot Finance Limited is one of India’s largest non-banking financial companies (NBFCs), primarily known for its gold loan services. Headquartered in Kochi, Kerala, the company was founded in 1939 and is part of the Muthoot Group.

Muthoot Finance Forecast Key Info

The Muthoot Finance Ltd company is now trading at ₹ 2,631.70.

Muthoot Finance effectively monetizes India’s vast $1.5 trillion idle gold reserves by offering short-term loans secured against gold ornaments.

With a 140-year legacy, the Muthoot brand enjoys deep-rooted trust among customers.

Company Essentials

Market Cap

₹ 83,905.95 Cr.

Enterprise Value

₹ -- Cr.

No. of Shares

40.15 Cr.

Face Value

₹ 10

P/E

16.13

P/B

2.95

Div. Yeild

1.24%

Book Value

₹ 708.35

Debt

₹ -- Cr.

Prtomoter Holding

73.35%

EPS (TTM)

129.54

Cash

₹ -- Cr.

Profit Growth

16.59%

Sales Growth

20.16%

ROE

17.86%

ROCE

13.15%

Company Share Holdings

Company Financials

Muthoot Finance Ltd.’s net sales increased by 20.16% and profit after tax increased by 16.58% between financial year 2023 to 2024.
Period202220232024
Revenue₹ 11,082.32₹ 10,514.85₹ 4,66.61
Expense₹ 3,844.60₹ 3,709.31₹ 4,66.61
Profit After Tax₹ 3,954.30₹ 3,473.53₹ 4,049.67
Assets₹ 70,506.14₹ 72,579.66₹ 84,995.56
Amount in ₹ Crore

About the Company

Muthoot Finance Limited is India’s largest gold-loan NBFC (Non-Banking Financial Company), primarily offering loans against gold jewelry. It serves retail customers, SMEs, and micro-entrepreneurs, with a strong presence in semi-urban and rural India. The company is part of the Muthoot Pappachan Group, a 140-year-old conglomerate.

Company History

  • Origins: Traces back to 1887 with the Muthoot family’s money-lending business in Kerala.
  • Modern Era: Incorporated in 1997, it grew rapidly post-2000 due to gold’s cultural significance and lack of formal credit access in India.
  • Milestone: Became a publicly listed company in 2011.

Muthoot Finance was listed on BSE & NSE on May 10, 2011.

Working Areas

  • Gold Loans: ~80% of revenue (loans against pledged gold ornaments).
  • Other Offerings: Microfinance, housing finance, insurance, forex, and pawnbroking.
  • Geographic Reach: ~6,000+ branches across India (strong in South, West, and rural markets).

Company Journey

  • Pre-2011: Dominated informal gold lending, transitioning to a regulated NBFC.
  • Post-IPO: Scaled aggressively, becoming India’s #1 gold-loan provider by loan book.
  • Recent Expansions: Diversified into insurance (Muthoot FinCorp) and digital lending (Muthoot Online).

Muthoot Finance thrives on India’s gold obsession but faces risks from gold price swings and digital disruptors. Its rural dominance and high profitability make it a resilient play in the NBFC sector.

Muthoot Finance Share Price Target 2025 to 2040

Here, we are going to provide you a quick glance of predicted target of Muthoot Finance stock, the detailed forecast is also provided below.
YearInitial TargetYear End Target
2025₹ 2332.50
2026₹ 2389.27₹ 2739.83
2027₹ 2795.16₹ 3146.71
2028₹ 3207.53₹ 3556.09
2029₹ 3612.47₹ 3967.81
2030₹ 4020.68₹ 4301.35
2035₹ 5345.25₹ 6945.02
2040₹ 8877.20₹ 10450.36

Muthoot Finance Share Price Target 2025

The initial target of this company can be around ₹2098.32 and the year end target is expected to be around ₹2332.50.

Year/MonthPredicted Target
March 2025
April 2025
May 2025₹ 2098.32
June 2025₹ 2116.70
July 2025₹ 2174.49
August 2025₹ 2230.73
September 2025₹ 2242.08
October 2025₹ 2265.58
November 2025₹2314.03
December 2025₹ 2332.50

Muthoot Finance Share Price Target 2026

The initial target of this company can be around ₹2389.27 and the year end target is expected to be around ₹2739.83.

Year/MonthPredicted Target
January 2026₹ 2389.27
February 2026₹ 2399.96
March 2026₹ 2423.14
April 2026₹ 2455.15
May 2026₹ 2475.93
June 2026₹ 2521.89
July 2026₹ 2581.42
August 2026₹ 2649.37
September 2026₹ 2649.37
October 2026₹1674.12
November 2026₹ 2720.84
December 2026₹ 2739.83

Muthoot Finance Share Price Target 2027

The initial target of this company can be around ₹2795.16 and the year end target is expected to be around ₹3146.71.

Year/MonthPredicted Target
January 2027₹ 2795.16
February 2027₹ 2807.22
March 2027₹ 2831.14
April 2027₹ 2864.81
May 2027₹ 2887.30
June 2027₹ 2928.98
July 2027₹ 2990.66
August 2027₹ 3074.24
September 2027₹ 3056.21
October 2027₹ 3082.02
November 2027₹ 3127.45
December 2027₹ 3146.71

Muthoot Finance Share Price Target 2028

The initial target of this company can be around ₹3207.53 and the year end target is expected to be around ₹3556.09.

Year/MonthPredicted Target
January 2028₹ 3207.53
February 2028₹ 3214.43
March 2028₹ 3239.33
April 2028₹ 3683.02
May 2025₹ 3293.92
June 2025₹ 3340.17
July 2025₹ 3402.02
August 2025₹ 3455.49
September 2025₹ 3465.72
October 2025₹ 3490.69
November 2025₹ 3535.12
December 2025₹ 3556.09

Muthoot Finance Share Price Target 2029

The initial target of this company can be around ₹3612.47 and the year end target is expected to be around ₹3967.81.

Year/MonthPredicted Target
January 2029₹ 3612.47
February 2029₹ 3623.38
March 2029₹ 3647.66
April 2029₹ 3683.02
May 2029₹ 3701.29
June 2029₹ 3745.72
July 2029₹ 3808.65
August 2029₹ 3863.58
September 2029₹ 3877.76
October 2029₹ 3898.62
November 2029₹ 3944.37
December 2029₹ 3967.81

Muthoot Finance Share Price Target 2030

The initial target of this company can be around ₹4020.68. and the year end target is expected to be around ₹4301.35.

Year/MonthPredicted Target
January 2030₹ 4020.68
February 2020₹ 4030.78
March 2030₹ 4055.92
April 2030₹ 4089.08
May 2030₹ 4108.36
June 2030₹ 4152.36
July 2030₹ 4175.25
August 2030₹ 4198.65
September 2030₹ 4231.20
October 2030₹ 4256.30
November 2030₹ 4271.98
December 2030₹ 4301.35

Muthoot Finance Share Price Target 2035

The initial target of this company can be around ₹5345.25 and the year end target is expected to be around ₹6945.02.

Year/MonthPredicted Target
January 2035₹ 5345.25
March 2035₹ 5632.65
June 2035₹ 5985.32
August 2035₹ 61.20.36
October 2035₹ 6540.32
December 2035₹ 6945.02

Muthoot Finance Share Price Target 2040

The initial target of this company can be around ₹8877.20 and the year end target is expected to be around ₹10450.36.

Year/MonthPredicted Target
January 2040₹ 8877.20
March 2040₹ 9125.36
June 2040₹ 9365.36
August 2040₹ 9715.10
October 2040₹ 9956.36
December 2040₹ 10450.36

Bull Case

  • Gold’s Cultural Demand: India holds ~25,000 tonnes of privately held gold (~$1.5 trillion).
  • High Margins: Gold loans yield ~20–25% interest rates with low default risk (LTV capped at 75%).
  • Rural Penetration: Unbanked/semi-urban reliance on gold for liquidity.
  • Regulated Advantage: RBI’s strict NBFC norms reduce competition from unorganized lenders.

Bear Case

  • Gold Price Volatility: Falling gold prices could force loan recalls or higher LTV risks.
  • Regulatory Risks: RBI’s tightening NBFC regulations (e.g., LTV caps, NPA norms).
  • Competition: Banks (e.g., SBI) and fintechs (e.g., Rupeek) entering gold loans.
  • Dependence on Monsoon: Rural incomes (and loan repayments) tied to agricultural cycles.

Muthoot Finance Share Price Target: FAQ

The year end target of this share can be ₹2332.50 for 2025
The year end target of this share can be ₹2739.83 for 2025
The year end target of this share can be ₹3146.71 for 2025
The year end target of this share can be ₹3556.09 for 2025
The year end target of this share can be ₹3967.81 for 2025
The year end target of this share can be ₹4301.35 for 2025

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