Muthoot Finance Ltd · NSE:MUTHOOTFIN
Muthoot Finance — Investor Presentation (March 2015)
78 slides from Muthoot Finance's investor presentation, March 2015
Slide 1: Corporate Presentation - Muthoot Finance Limited
Corporate Presentation March 2015 MUTHOOT FINANCE LIMITED
Slide 2: Safe Harbour Statement
SAFE HARBOUR STATEMENT This presentation may include statements, which may constitute forward-looking statements. All statements that address expectations or projections about the future, including, but not limited to, statements about the strategy for growth, business development, market position,
Slide 3: Contents
CONTENTS The Legacy Lives on 4-28 Industry Opportunity 29-35 Key Financials 36-58 Business Enablers 59-68 Strategy & Way Forward 69-71 Engaging with Society 72-77
Slide 4: The Legacy Lives On
THE LEGACY LIVES ON
Slide 5: Muthoot Group - An Overview
MUTHOOT GROUP - AN OVERVIEW In a fast changing social and economic landscape, the Muthoot Group continues to touch lives in more ways than one for over 128 years It is expanding ambitiously across multiple sectors and is aligning business priorities with social responsibility Muthoot Finance Ltd. (M
Slide 6: Muthoot Group - An Overview
MUTHOOT GROUP - AN OVERVIEW Muthoot Group has diversified interests in the fields of Financial Healthcare Education Plantations Real Foreign Information Hospitality Services Estate Exchange Technology Muthoot Finance (MFIN) is Muthoot Group’s flagship Company Gold loan (Lending against security of h
Slide 7: Muthoot Group - Core Values
MUTHOOT GROUP - AN OVERVIEW Ethics Goodwill Values CORE VALUES Integrity Reliability Trustworthiness Dependability 7
Slide 8: Muthoot Finance: Driving Inclusive Growth
MUTHOOT FINANCE: DRIVING INCLUSIVE GROWTH o India’s largest gold financing company (by loan portfolio) o Trusted pan-India brand in the gold loans sector; revolutionised India’s gold banking o Our intervention has empowered millions of people across the social pyramid Multiple service offerings CORE
Slide 9: MFIN - A Glimpse
MFIN - A GLIMPSE 26 131 tonnes States/Union territory presence Gold jewellery kept as security 4,200+ 500,000+ Pan-India branches Retail investor base across debenture and subordinated debt portfolio 22,000+ 80,000+ Team members Customers served every day ` 234,085 mn Retail Loan Assets Under Manage
Slide 10: Financial Summary
FINANCIAL SUMMARY Key Financial Parameters (` in million) Particulars FY 2015 FY 2014 FY 2013 FY 2012 FY 2011 Total Income 43,246 49,474 53,871 45,491 23,159 Total Expenditure 32,967 37,539 38,757 32,178 15,547 Profit Before Tax 10,278 11,936 15,114 13,312 7,612 Tax Expenses 3,573 4,135 5,072 4,392
Slide 11: Gold Loan Business Process
GOLD LOAN BUSINESS PROCESS 1 2 Customer is explained of various schemes and Provides ID proof / branch web cam for he selects one ID proof 3 4 Appraiser conducts specific weight and quality Details entered into the computer and Pledge tests of the gold form is printed 5 6 Ornaments and Pledge form h
Slide 12: Competitive Advantage
COMPETITIVE ADVANTAGE Brand Competitive Interest Rates A brand that inspires trust and customer loyalty Highly competitive rates with a reasonable and well- and symbolises gold loan in India defined slab system that is easy to understand. Interest charged only for actual number of days for which the
Slide 13: Competitive Advantage
COMPETITIVE ADVANTAGE Wide Credit Base Core Banking Solution Credit facilities from multiple banks, Superior Core banking solution connects all branches to a credit rating and asset-quality have enabled central server on a real time basis. The result: mobilisation of adequate low-cost funds enhanced
Slide 14: Looking Back With Pride
LOOKING BACK WITH PRIDE 1887 o The Group comes into being as a 1939 o Commenced gold loan business trading business at a village in Kerala 2001-2008 2001 o Received an RBI license to function 2007 o Net owned funds crosses as an NBFC ` 1 billion o Accorded SI-ND-NBFC status 2004 o Received highest r
Slide 15: Looking Back With Pride
LOOKING BACK WITH PRIDE 2009-2011 2009 o Retail loan and debenture portfolio 2011 o Retail loan and debenture portfolio crosses ` 33 billion and ` 19 billion crosses ` 158 billion and ` 39 billion respectively respectively o Overall credit limits from lending o Overall credit limits from lending ban
Slide 16: Looking Back With Pride
LOOKING BACK WITH PRIDE 2012-2013 2012 o Retail loan and debenture portfolio o Net owned funds crosses ` 37 billion crosses ` 246 billion and ` 66 billion o Gross annual income crossed respectively ` 53 billion o Gross annual income crossed o Profit After Tax for the year crosses ` 45 billion ` 10 b
Slide 17: Looking Back With Pride
LOOKING BACK WITH PRIDE 2014-2015 2014 o Retail Loan Portfolio at 2015 o Fresh issuance of 25,351,062 equity ` 218.62 billion shares by way of an institutional o Listed Debenture Portfolio raised placement programme under through public issue ` 11 billion Chapter VIII – A of the SEBI ICDR Regulation
Slide 18: Board of Directors
BOARD OF DIRECTORS M.G. George Muthoot Chairman o Graduate in engineering from o Presently he is the lay Award for the year 2012 at Manipal University and trustee of the Malankara Golden Peacock Awards, businessman by profession Orthodox Syrian Church and Bengaluru has been member of the o National
Slide 19: Board of Directors
BOARD OF DIRECTORS George Thomas George Jacob Muthoot Muthoot Wholetime Director Wholetime Director o Businessman by profession o Has a degree in civil engineering from Manipal o Over 32 years of experience University and businessman by in managing businesses profession with over 30 years operating
Slide 20: Board of Directors
BOARD OF DIRECTORS George Alexander Muthoot Managing Director o Chartered Accountant who Companies Welfare Core Committee of the Indus qualified with first rank in Association from 2004 - 2007 Entrepreneurs International Kerala and ranked 20th and is currently its Vice Kochi Chapter overall in India
Slide 21: Board of Directors
BOARD OF DIRECTORS K John Mathew K.George John Independent Director Independent Director o Graduate in law from the o Post graduate in o Thereafter he founded Government Law College, mathematical statistics and Anthem Communications Ernakulam and is a retired has retired as Chairman and Pvt Ltd, whi
Slide 22: Board of Directors
BOARD OF DIRECTORS John K Paul George Joseph Independent Director Independent Director o Graduate in engineering o President of Kerala Hockey o First rank holder commerce from Regional Engineering Association from 2005 graduate from Kerala College, Kozhikode and onwards and Ernakulam University busi
Slide 23: Board of Directors
BOARD OF DIRECTORS Alexander M George o Currently heads the Pamela Anna Mathew Additional Director Marketing, Operations and Additional Director International Operations of o She holds a Post graduate o MBA Graduate from the company degree in Economics & Thunderbird University (USA) and an advanced
Slide 24: Shareholding Pattern
SHAREHOLDING PATTERN Strong promoter interest in business with 75% stake NSE Ticker 23.71 1.46 MUTHOOTFIN (%) Shareholding as on March 31, 2015 BSE Ticker Promoters & Relatives 533398 FII, FC, MF & Others Market Capitalisation (as on March 31, 2015) Public ` 82,399 million 74.83 24
Slide 25: Dividend Payout
DIVIDEND PAYOUT Delivering consistent returns to stakeholders (%) FY 2015 FY 2014 FY 2013 FY 2012 Dividend (% )* 60 60 45 40 First Interim Dividend (%) 40 30 - - Second Interim Dividend (%) 20 - - Final Dividend (%) 20 10 45 40 Dividend Payout Ratio (%) 35.36 28.59 16.65 16.47 * On face value of ` 1
Slide 26: Geographical Presence
GEOGRAPHICAL PRESENCE A strong presence of 4245 branches across India (%) Branches region wise State wise Branch Network Jammu &Kashmir 12 5 Himachal Pradesh 4 Chandigarh Punjab 8 165 Uttarakhand 65 14 East West Haryana 18 118 Delhi 220 North South Rajasthan Uttar Pradesh 120 142 16 (As of March 31,
Slide 27: Awards
AWARDS Emerging Business Leader of the Year Mr. M.G. George Muthoot, Chairman was bestowed with ‘Emerging Business Leader of the Year’ title by Hon’ble Union Minister of Home Affairs, Shri Rajnath Singh at the fifth edition of AIMA Managing India Awards 2014 ICAI Business Leader Award Mr. George Ale
Slide 28: Awards
AWARDS CSR Sustainable Leadership Award Mr. George Thomas Muthoot, Joint Managing Director, Muthoot Finance Ltd, received the Sustainable Leadership Award 2014 by the CSR Congress in the Individual category HR Excellence Award Muthoot Finance Ltd. was bestowed with the prestigious Golden Peacock Awa
Slide 29: Industry Opportunity
INDUSTRY OPPORTUNITY
Slide 30: Gold Demand
GOLD DEMAND o India ranks as the largest o Gold jewellery is a store of at approximately 10% to 15% consumer of gold globally, value, symbol of wealth and of India's annual gold accounting for status and a fundamental demand one-fourth of the world’s gold part of many rituals demand o Southern India
Slide 31: Drivers of Growth
DRIVERS OF GROWTH Changing consumer attitudes Unlocking the value of idle gold holding and preferences The existence of large idle domestic household Indian consumers are showing changes in their gold (estimated to be more than 18,000 tonnes) is traditionally debt-averse psychology. The preference a
Slide 32: Role of NBFCs Amidst Competitive Environment
ROLE OF NBFCs AMIDST COMPETITIVE ENVIRONMENT Core focus The primary focus being on gold loans, NBFCs can ensure customer delight through better and faster customer service. This allows a proper structuring of the offerings and adopts faster corrective measures to meet the customer’s changing aspirat
Slide 33: Role of NBFCs Amidst Competitive Environment
ROLE OF NBFCs AMIDST COMPETITIVE ENVIRONMENT Flexible Repayment Option Customers get a trouble free loan period, when he/she is not troubled for any payment of equated monthly installment, rather would be allowed to make payment of interest and principal on loan together at closure Resource Availabi
Slide 34: Not a Monoline Business
NOT A MONOLINE BUSINESS AGAINST FOR UNDERLYING COLLATERAL ON 1) Most of formal funding done by banks/institutions are against security of LOANS IS land/building taken as collateral. If this view is accepted, all such funding are ALWAYS GOLD to be treated as Real Estate exposure JEWELLERY 2) In gold
Slide 35: Regulations
REGULATIONS New regulations to strengthen the gold loan sector as a whole o Till 2012, there were no o Some of these changes were o We believe that the sector specific regulations on Loan to value cap of 75%; framework is going to enable gold loan industry Fair Practices Code; industry to achieve Ve
Slide 36: Key Financials
KEY FINANCIALS
Slide 37: Shareholder's Funds
SHAREHOLDER’S FUNDS Strong Capital Base Networth Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Growth Growth (` in million) (` in million) (` in million) (` in million) (` in million) YoY (%) QoQ (%) Share Capital 3,980 3,971 3,971 3,971 3,717 7 0 Reserves & Surplus 46,855 46,116 44,531 44,648 38,929 20 2 Tota
Slide 38: Assets
ASSETS Core focus continues to be gold loan Gross retail loan assets under management Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Growth Growth (` in million) (` in million) (` in million) (` in million) (` in million) YoY (%) QoQ (%) Gross retail loan assets 234,085 220,882 218,020 214,636 218,615 7 6 under
Slide 39: Liabilities
LIABILITIES Stable sources of funding Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Growth Growth (` in million) (` in million) (` in million) (` in million) (` in million) YoY (%) QoQ (%) Secured Non-Convertible 59,839 64,375 69,392 76,162 81,580 (27) (7) Debentures (Muthoot Gold Bonds) Secured Non-Convertibl
Slide 40: Revenue & Profit
REVENUE & PROFIT Profit & Loss Statement (` in million) YoY FY 2015 FY 2014 Q4 FY 2015 Q3 FY 2015 Q2 FY 2015 Q1 FY 2015 Growth(%) INCOME Interest Income 42,703 49,077 (13) 10,872 10,541 10,488 10,802 Other Income 543 397 37 147 152 127 118 Total 43,246 49,474 (13) 11,019 10,693 10,615 10,920 EXPENDI
Slide 41: Gold Loan Portfolio
GOLD LOAN PORTFOLIO Gaining scale over the years Gold Loan Assets Under Management (` in million) 300,000 260,004 233,499 250,000 244,173 216,179 216,971 200,000 213,054 220,117 157,281 150,000 100,000 73,417 33,001 50,000 21,790 6,431 7,569 14,201 0 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11
Slide 42: Gold Holding
GOLD HOLDING Carrying the trust of millions of our customers Gold jewellery kept as security (In tonnes) 160 137 134 131 140 118 116 120 123 120 112 100 80 66 60 39 40 30 23 15 16 20 0 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Jun-14 Sept-14 Dec-14 Mar-15 42
Slide 43: Geographical Spread of Gold Loan Portfolio
GEOGRAPHICAL SPREAD OF GOLD LOAN PORTFOLIO Diversified gold loan portfolio across India (%) 100 80 60 40 20 0 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Jun-14 Sep-14 Dec-14 Mar-15 East 0 1 1 2 3 4 5 6 6 6 6 6 West 3 4 5 8 8 10 11 13 14 15 15 15 North 13 13 14 15 15 17 19 22 22 22 22 22
Slide 44: Productivity
PRODUCTIVITY Widening presence with increasing gold loan business per branch Average Gold Loan Per Branch (` in million) 75 66.39 65 57.55 63.69 55.01 51.72 55 49.88 50.63 50.87 45 45.74 33.50 35 25.77 30.82 25 17.24 17.40 15 Mar-05 Mar-06 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Jun-
Slide 45: Return on Average Retail Loan Asset
RETURN ON AVERAGE RETAIL LOAN ASSET Attractive returns over the years Yearly (%) Quarterly (%) 4.50 4.40 4.21 4.50 4.25 4.05 4.25 3.94 4.24 4.00 4.00 3.75 3.46 3.75 3.50 3.50 3.49 3.22 3.33 3.25 3.16 3.25 3.00 2.90 3.00 3.03 2.80 2.75 2.75 2.50 2.50 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 M
Slide 46: Non-Performing Assets & Bad Debts
NON-PERFORMING ASSETS & BAD DEBTS Non-Performing Assets (` in million) Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Gross Non-Performing Assets 5,117 4,103 4,549 3,968 4,160 Provision For Non-Performing Assets 725 725 725 725 725 Net Non-Performing Assets 4,392 3,378 3,824 3,243 3,435 % of Gross NPA on Gross
Slide 47: Liability Mix
LIABILITY MIX Maintaining a diversified funding profile (%) 1 3 Secured Non-Convertible Debentures (Muthoot Gold Bonds) – ` 59,839 mn (31%) 12 Secured Non-Convertible Debentures – Listed – ` 30,656 mn (16%) 31 Borrowings from Banks/Fis - ` 72,418 mn (37%) Subordinated Debt – ` 24,309 mn (12%) 37 Sub
Slide 48: Credit Ratings
CREDIT RATINGS Highest Rating among gold loan companies Short-term Rating Amt of rating Rating Indicates (` in million) COMMERCIAL PAPER Degree of safety with regard to timely payment of CRISIL 40,000 CRISIL A1+ interest & principal on the instrument is very strong ICRA 2,000 ICRA A1+ Lowest credit
Slide 49: Break-up of Gross Income
BREAK-UP OF GROSS INCOME Interest Income (` in million) Yearly Quarterly 60,000 60,000 53,641 49,077 42703 50,000 50,000 45,280 40,000 40,000 30,000 30,000 22,983 20,000 20,000 10,872 10,541 10,802 10,000 6,062 10,775 10,000 10,488 2,236 3,579 0 0 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar
Slide 50: Operating Expenses to Average Retail Loans
OPERATING EXPENSES TO AVERAGE RETAIL LOANS Operational efficiency over the years Yearly (%) Quarterly (%) 6.00 6.00 5.45 5.38 5.50 5.50 4.59 5.01 5.11 5.09 4.72 5.03 4.87 5.00 5.00 4.46 4.28 4.50 4.02 4.08 4.50 4.00 4.00 3.50 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Mar-15 3.50 Q4 FY
Slide 51: Break-up of Operating Expenses
BREAK-UP OF OPERATING EXPENSES Yearly (` in Millions) Quarterly (` in Million) Q4 FY Q3 FY Q2 FY Q1 FY Mar-15 Mar-14 Mar-13 Mar-12 Mar-11 Mar-10 Mar-09 2015 2015 2015 2015 Personnel Expenses 6,304 5,917 5,453 4,145 2,209 1,169 677 1,577 1,627 1,577 1,523 Rent 1,650 1,542 1,309 1,042 603 290 131 424
Slide 52: Profitability
PROFITABILITY Efforts getting rewarded Profitability at a glance (` in million) Yearly PBT PAT Quarterly PBT PAT 16,000 15,114 16,000 14,000 14,000 13,312 11,936 12,000 12,000 10,042 10,000 10,000 10,279 8,920 8,000 8,000 7,612 7,801 6,000 6,000 6,705 3,456 4,942 4,000 4,000 2,573 2,600 2,730 1,482
Slide 53: Net Worth
NET WORTH Steady capital position Share Capital and Reserves & Surplus (` in million) 60,000 50,835 48,619 50,087 50,000 37,356 48,502 40,000 42,646 29,257 30,000 20,000 13,344 10,000 1,598 2,234 3,712 5,845 0 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11 Mar 12 Mar 13 Mar-14 Jun-14 Sep- 14 Dec- 14 Mar- 15 53
Slide 54: Return on Equity
RETURN ON EQUITY Stable shareholder value creation Return on Average Equity Yearly (%) Quarterly (%) 55 30 51.52 50 48.10 45 25 41.90 40 35.10 34.00 20 35 15.79 33.90 30.15 14.06 30 15 13.10 12.53 25 10 20 19.50 14.35 15 5 10 Mar 07 Mar 08 Mar 09 Mar 10 Mar 11 Mar 12 Mar 13 Mar 14 Mar 15 0 Q4 FY 201
Slide 55: Capital Ratio
CAPITAL RATIO Maintaining capital well above the statutory requirement Capital Adequacy Ratio (%) Mar-15 Dec-14 Sept-14 Jun-14 Mar-14 Capital Adequacy Ratio 24.78 26.26 26.30 26.79 24.69 Tier-I 19.96 20.74 20.32 20.45 18.01 Tier-II 4.82 5.52 5.98 6.34 6.68 55
Slide 56: Market Value Ratio
MARKET VALUE RATIO Equity market valuation ratios indicate potential for upside Q4 FY 2015 Q3 FY 2015 Q2 FY 2015 Q1 FY 2015 FY 2015 FY 2014 Earnings per share (`) - Basic 4.16 3.88 4.30 4.63 16.97 20.99 - Diluted 4.10 3.85 4.25 4.60 16.80 20.99 Mar-15 Dec-14 Sept-14 Jun-14 Mar-14 Book Value per shar
Slide 57: Capitalisation Ratios
CAPITALISATION RATIOS Headroom for further leveraging (` In million) Mar-15 Dec-14 Sep-14 Jun-14 Mar-14 Outside Liabilities 216,857 213,848 215,741 206,005 213,293 Cash & Bank Balances 17,366 26,572 28,849 18,289 20,489 Tangible Networth 50,775 50,029 48,442 48,556 42,579 Capital Gearing 3.93 3.74 3
Slide 58: Team Strength
TEAM STRENGTH Groomed human capital over the years to meet growing business requirements (No. of Employees) 28,000 24,881 24,140 25,351 23,226 23,000 25,012 23,390 22,882 18,000 16,688 13,000 9,745 8,000 5,979 3,999 3,102 3,000 Mar-07 Mar-08 Mar-09 Mar-10 Mar-11 Mar-12 Mar-13 Mar-14 Jun-14 Sep-14 De
Slide 59: Business Enablers
BUSINESS ENABLERS
Slide 60: Standardized Operating Procedures
STANDARDIZED OPERATING PROCEDURES o In a business marked by o It is imperative to follow as an important step towards diversified rural and semi- standardised processes that the responsible management urban locations, decisions in eliminate arbitrariness in of public funds leading to loan disburseme
Slide 61: Service Oriented Approach
SERVICE ORIENTED APPROACH o Adherence to strict market o Professional and attentive o Branches are staffed with and location survey data staff at both the branch level people with local knowledge while selecting branch sites and at our centralized and understanding of customer support centres custom
Slide 62: Employee Engagement
EMPLOYEE ENGAGEMENT o Two staff training colleges, o Muthoot Management o Introduced our maiden one each in Kochi and in Academies in Kochi & Employee Stock Option Plan New Delhi, and regional Faridabad serves as a (ESOP) for employees training centres at each of management development rewarding for
Slide 63: Technology Initiatives
TECHNOLOGY INITIATIVES o Core Banking System (CBS): o CBS takes care of o CBS has been rolled out with Developed a powerful, user- centralized transaction transaction processing and friendly core banking solution processing, back-office and back-office functionalities so and implemented the manageme
Slide 64: Security Standards
SECURITY STANDARDS o Extensive security and minimize the scope for burglary alarm systems, surveillance systems and employee theft or fraud controlled entry to teller dedicated security personnel areas, and the tracking of to counter external security o Installing offsite surveillance employee movem
Slide 65: Risk Management
RISK MANAGEMENT Operational risk Risk of direct or indirect loss due to the failure of systems, people or processes, or due to external events. Includes employee negligence, fraud, petty theft, burglary and embezzlement. o Started installing offsite o Instituted a series of checks o Internal audit d
Slide 66: Risk Management
RISK MANAGEMENT Collateral risk Arises from the decline in the value of the gold collateral due to fluctuation in gold prices. o This risk is in part mitigated o Further, risk is reduced In addition, the sentimental by at least 25% margin because the price of gold value of gold jewellery to the reta
Slide 67: Risk Management
RISK MANAGEMENT Credit risk Interest rate risk Possibility of loss due to the failure of any Potential losses arising from the movement counterparty to abide by the terms and in market values of interest rates. conditions of any financial contract. o Reduces credit risk through a rigorous loan o To
Slide 68: Risk Management
RISK MANAGEMENT Liquidity risk Business cycle risk Liquidity management is to ensure Risk associated with the seasonal or sufficient cash flow to meet all financial cyclical nature of a business. commitments and to capitalise on o MFIN’s customer profile is diversified, with end- opportunities for b
Slide 69: Strategy & Way Forward
‘ STRATEGY & WAY FORWARD wy.
Slide 70: Strategic Roadmap
STRATEGIC ROADMAP Expand branch network and visibility to maintain market leadership o Add new branches to provide higher accessibility to customers o Penetrate new markets and expand our customer base Target new customer segments and launch innovative schemes o Aggressively position gold loans as a
Slide 71: Strategic Roadmap
STRATEGIC ROADMAP Strengthen operating processes and risk management systems o Improve our operating processes and risk management systems to enhance our ability to manage business risks Increase productivity o Increase average gold loan outstanding per branch through new customer acquisitions and r
Slide 72: Engaging with Society
ry a Sees : a A - Le A Le ie | | y 7 ENGAGING WITH SOCIETY f } y wo U 1] | } F F f
Slide 73: Education
EDUCATION Empowering Education Launched the ‘Muthoot M George Excellence Award’ in Andhra Pradesh, Telangana, Karnataka and Kerala to recognise students with the best academic excellence Honouring Teachers The Muthoot M George Foundation honoured and felicitated 70 meritorious teachers with the ‘Shr
Slide 74: Education
EDUCATION Muthoot Haathi Mera Saathi - Educational Initiative Muthoot Group and Delhi Daredevils joined hands to help educate India’s marginalised children. The contributions made during this campaign were donated to their NGO partners - Magic Bus and Save the Children. Along with ‘Save the Children
Slide 75: Healthcare
HEALTHCARE Muthoot Snehasraya The initiative is to prevent kidney-related diseases through early detection with a fully-equipped ‘mobile lab’ that travels to rural Kerala and Tamil Nadu and conducts free check-up. The project was launched in the state of Kerala and Tamil Nadu with plans for further
Slide 76: Healthcare
HEALTHCARE Medical Camp Conducted over 628 eye camps in rural Tamil Nadu, Andhra Pradesh and Karnataka attended by over 150 people in each location In many locations we have tied up with major eye hospitals and otherwise local eye hospitals Muthoot Haathi Mera Saathi – healthcare initiative Aims to
Slide 77: Women Empowerment & Community Welfare
WOMEN EMPOWERMENT & COMMUNITY WELFARE 1090 Women Power Line In association with UP Police we have created ‘1,090 Women Power Line’, a one-state-one-number service. The Power Line will be operated by the UP police to handle cases of harassment by vulgar and abusive callers and stalkers Poverty Eradic
Slide 78: Registered Office
REGISTERED OFFICE 2nd Floor, Muthoot Chambers Opposite Saritha Theatre Complex Banerji Road, Kochi Kerala – 682 018. India Tel: (91484) 2394712 Fax: (91484) 2396506 CIN: L65910KL1997PLC011300 RBI Reg No: N.16.00167 EMAIL (Individual & Corporate Investors) investors@muthootfinance.com (Institutional