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Muthoot Finance Valuation Multiples
Discover revenue and EBITDA valuation multiples for Muthoot Finance and similar public comparables like Tata Capital, Cholamandalam, Jio Financial Services, Ally Financial and more.
Muthoot Finance Overview
About Muthoot Finance
Muthoot Finance Ltd is a non-deposit-taking, non-banking financial company with thousands of branches in India. The company's main business is providing personal and business loansΒ to individuals who do not have access to formal credit. The loans are typically secured by gold jewelry. The company also offers some microfinance loans and housing loans to customer segments and areas that are underserved by banks. Interest income accounts for nearly all the company's revenue. It has operations in Sri Lanka and India, with India providing almost all the company's revenue.
Founded
1997
HQ

Employees
29.2K
Website
Financials (LTM)
EV
$31B
Muthoot Finance Financials
Muthoot Finance reported last 12-month revenue of $2B and EBITDA of $1B.
In the same LTM period, Muthoot Finance generated $1B in EBITDA and $1B in net income.
Revenue (LTM)
Muthoot Finance P&L
In the most recent fiscal year, Muthoot Finance reported revenue of $2B and EBITDA of $796M.
Muthoot Finance expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $2B | XXX | $2B | XXX | XXX | XXX |
| EBITDA | $1B | XXX | $796M | XXX | XXX | XXX |
| EBITDA Margin | 70% | XXX | 40% | XXX | XXX | XXX |
| EBIT Margin | 79% | XXX | 45% | XXX | XXX | XXX |
| Net Profit | $1B | XXX | $610M | XXX | XXX | XXX |
| Net Margin | 57% | XXX | 30% | XXX | XXX | XXX |
| Net Debt | β | β | $10B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Muthoot Finance Stock Performance
Muthoot Finance has current market cap of $15B, and enterprise value of $31B.
Market Cap Evolution
Muthoot Finance's stock price is $38.56.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $31B | $15B | 0.5% | XXX | XXX | XXX | $1.52 |
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Start Free TrialMuthoot Finance Valuation Multiples
Muthoot Finance trades at 16.6x EV/Revenue multiple, and 23.6x EV/EBITDA.
EV / Revenue (LTM)
Muthoot Finance Financial Valuation Multiples
As of April 20, 2026, Muthoot Finance has market cap of $15B and EV of $31B.
Equity research analysts estimate Muthoot Finance's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Muthoot Finance has a P/E ratio of 14.9x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $15B | XXX | $15B | XXX | XXX | XXX |
| EV (current) | $31B | XXX | $31B | XXX | XXX | XXX |
| EV/Revenue | 16.6x | XXX | 15.2x | XXX | XXX | XXX |
| EV/EBITDA | 23.6x | XXX | 38.3x | XXX | XXX | XXX |
| EV/EBIT | 21.1x | XXX | 33.6x | XXX | XXX | XXX |
| P/E | 14.9x | XXX | 25.4x | XXX | XXX | XXX |
| EV/FCF | β | XXX | (10.6x) | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
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Muthoot Finance Margins & Growth Rates
Muthoot Finance's revenue in the last 12 month grew by 17%.
Muthoot Finance's revenue per employee in the last FY averaged $0.1M, while opex per employee averaged $0.0M for the same period.
Muthoot Finance's rule of 40 is 87% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Muthoot Finance's rule of X is 118% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Muthoot Finance Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 17% | XXX | (9%) | XXX | XXX | XXX |
| EBITDA Margin | 70% | XXX | 40% | XXX | XXX | XXX |
| EBITDA Growth | 10% | XXX | 61% | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 87% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 118% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.1M | XXX | XXX | XXX |
| Opex per Employee | β | XXX | $0.0M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 2% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | 23% | XXX | 22% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Muthoot Finance Public Comps
See public comps and valuation multiples for other Specialty Finance and Consumer Finance comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Muthoot Finance | XXX | XXX | XXX | XXX | XXX | XXX |
| Tata Capital | XXX | XXX | XXX | XXX | XXX | XXX |
| Cholamandalam | XXX | XXX | XXX | XXX | XXX | XXX |
| Jio Financial Services | XXX | XXX | XXX | XXX | XXX | XXX |
| Ally Financial | XXX | XXX | XXX | XXX | XXX | XXX |
| Eurobank | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Muthoot Finance M&A Activity
Muthoot Finance acquired XXX companies to date.
Last acquisition by Muthoot Finance was on XXXXXXXX, XXXXX. Muthoot Finance acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Muthoot Finance
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialMuthoot Finance Investment Activity
Muthoot Finance invested in XXX companies to date.
Muthoot Finance made its latest investment on XXXXXXXX, XXXXX. Muthoot Finance invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Muthoot Finance
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Muthoot Finance
| When was Muthoot Finance founded? | Muthoot Finance was founded in 1997. |
| Where is Muthoot Finance headquartered? | Muthoot Finance is headquartered in India. |
| How many employees does Muthoot Finance have? | As of today, Muthoot Finance has over 29K employees. |
| Is Muthoot Finance publicly listed? | Yes, Muthoot Finance is a public company listed on National Stock Exchange of India. |
| What is the stock symbol of Muthoot Finance? | Muthoot Finance trades under MUTHOOTFIN ticker. |
| When did Muthoot Finance go public? | Muthoot Finance went public in 2011. |
| Who are competitors of Muthoot Finance? | Muthoot Finance main competitors are Tata Capital, Cholamandalam, Jio Financial Services, Ally Financial. |
| What is the current market cap of Muthoot Finance? | Muthoot Finance's current market cap is $15B. |
| What is the current revenue of Muthoot Finance? | Muthoot Finance's last 12 months revenue is $2B. |
| What is the current revenue growth of Muthoot Finance? | Muthoot Finance revenue growth (NTM/LTM) is 17%. |
| What is the current EV/Revenue multiple of Muthoot Finance? | Current revenue multiple of Muthoot Finance is 16.6x. |
| Is Muthoot Finance profitable? | Yes, Muthoot Finance is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Muthoot Finance? | Muthoot Finance's last 12 months EBITDA is $1B. |
| What is Muthoot Finance's EBITDA margin? | Muthoot Finance's last 12 months EBITDA margin is 70%. |
| What is the current EV/EBITDA multiple of Muthoot Finance? | Current EBITDA multiple of Muthoot Finance is 23.6x. |
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