Muthoot Finance surged over 4% after announcing a ₹26 interim dividend and a proposed increase in borrowing limit to ₹2 lakh crore. The company reported strong AUM growth and robust financials in Q3 FY25, with 33% annual and 65% three-year returns.
Muthoot Finance shares surged over 4% on (as of 02:53 pm) Monday, April 21, 2025, trading at ₹2,202.80 after hitting an intraday high of ₹2,211 on the NSE. The rise in share price followed news that the Board of Directors considered and approved the payment of an interim dividend and recommended an increase in the borrowing powers of the Board of Directors.
A meeting of the Board of Directors of Muthoot Finance Ltd was held on April 21, 2025. During this meeting, the board approved several key actions. The Board of Directors considered and approved the payment of an interim dividend of Rs 26 per equity share. This translates to 260% for the Financial Year 2024-25. The board recommended, for shareholder approval for the appointment of Mr. George Joseph as an Independent Director of the Company.
Along with this, the Board also recommended an increase in the borrowing powers of the Board of Directors, subject to shareholder approval. This is for an amount up to ₹2 Lakh Crores.
The shareholders entitled to receive the interim dividend are those who hold the shares of the company on the record date of April 25, 2025.
As per the dividend history of the company in FY24, it had given a dividend of ₹24 per share, in FY23, it had given a dividend of ₹22 per share, and in FY22 and FY21, it gave a dividend of ₹20 per share each year.
In Q4 FY25, the consolidated loan assets under management of the company grew by 34% YoY to ₹1,11,308 crores as of December 31, 2024, compared to ₹82,773 crores last year. The company’s consolidated profit after tax for the 9 months stood at ₹3,908 crores, a 19% increase YoY from ₹3,285 crores.
The stock has recorded its sharpest single-day gain in the last 19 trading sessions. On a year-to-date (YTD) basis, Muthoot Finance’s share price is up by 3.39%, and in the past 12 months, the stock jumped by 33.11%. In the 3-year period, the stock price has given 65.46% returns.
Disclaimer: The article is for informational purposes only and not investment advice.
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