Muthoot Microfin logo

Muthoot Microfin MD, chairman, board of directors and AGM

NSE: MUTHOOTMFBSE: 544055FinanceSmall Cap

Last close ₹154.31down ₹5.45 (3.41%)BSE ₹154.05

Share price at the NSE close on 23 Oct 2026. Previous close ₹159.76.

52-week range of traded prices to 23 Oct 2026
₹141.20Low, 23 Mar 2026₹262.77High, 27 Jul 2026
Market cap
₹2,631 Cr966th largest listed
P/E
10.7
P/B
0.9
Dividend yield
Nonein the last 12 months
ROE
8.9%
NIM
12.71%
Cost of funds
10.01%
Credit cost
4.59%
ROA
1.45%
Leverage
4.29times net worth
Volume, NSE
2,85,81340.9% delivered

Muthoot Microfin board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • ChairpersonTHOMAS MUTHOOT
  • Company Secretary and Compliance OfficerNeethu Ajay

10 directors5 independent1 executive4 non-executive

  • THOMAS MUTHOOT · ChairpersonNon-executive · joined May 2017 · reappointed Dec 2024 · 2 listed boards · 3 committee seats, 1 as chair
  • THOMAS GEORGE MUTHOOTNon-executive · joined May 2017 · reappointed May 2017 · 2 listed boards · 4 committee seats
  • THOMAS MUTHOOT JOHNExecutive · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board
  • JOHN TYLER DAYNon-executive · joined Dec 2022 · reappointed Dec 2022 · 1 listed board · 1 committee seat
  • PUSHPY B MURICKENIndependent · joined Mar 2018 · reappointed Mar 2023 · 99 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 2 as chair
  • THAI SALAS VIJAYANIndependent · joined May 2018 · reappointed May 2023 · 97 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • BHAMA KRISHNAMURTHYIndependent · joined May 2018 · reappointed May 2023 · 97 months as independent · 4 listed boards · 4 as independent · 7 committee seats
  • ALOK PRASADIndependent · joined May 2017 · reappointed Aug 2022 · 109 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 1 as chair
  • ANIL SREEDHARIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board · 1 as independent
  • HANNAH MUTHOOTNon-executive · joined Jun 2026 · 1 listed board

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • AKSHAYA PRASAD, left 6 May 2026: Others
  • THOMAS JOHN MUTHOOT, left 19 Dec 2024: Others
  • ANAND RAGHAVAN, left 2 Dec 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 30 Jun 20269 of 10 present4 independent · 54 days in between
    • 6 May 202610 of 10 present5 independent · 85 days in between
    • 9 Feb 202610 of 10 present5 independent
  • Audit Committee

    Chair PUSHPY B MURICKEN

    BHAMA KRISHNAMURTHY, ALOK PRASAD, THAI SALAS VIJAYAN, THOMAS MUTHOOT

    • 30 Jun 20264 of 5 present3 independent · 54 days in between
    • 6 May 20266 of 6 present4 independent · 85 days in between
    • 9 Feb 20266 of 6 present4 independent
  • Nomination and remuneration committee

    Chair THAI SALAS VIJAYAN

    BHAMA KRISHNAMURTHY, ALOK PRASAD, PUSHPY B MURICKEN, THOMAS MUTHOOT, HANNAH MUTHOOT

    • 30 Jun 20265 of 6 present3 independent · 54 days in between
    • 6 May 20266 of 6 present4 independent · 85 days in between
    • 9 Feb 20266 of 6 present4 independent
  • Stakeholders Relationship Committee

    Chair THOMAS MUTHOOT

    ALOK PRASAD, THOMAS GEORGE MUTHOOT

    No meeting listed in the filing.

  • Risk Management Committee

    Chair ALOK PRASAD

    THOMAS GEORGE MUTHOOT, THOMAS MUTHOOT, BHAMA KRISHNAMURTHY, SADAF SAYEED, THOMAS MUTHOOT JOHN

    • 12 Jun 20265 of 5 present2 independent · 98 days in between
    • 5 Mar 20265 of 5 present2 independent
  • Corporate Social Responsibility Committee

    THOMAS GEORGE MUTHOOT, THOMAS MUTHOOT, ALOK PRASAD, THOMAS MUTHOOT JOHN

    • 6 May 20264 of 4 present1 independent
  • Asset Liability Committee

    Chair THOMAS MUTHOOT

    THOMAS MUTHOOT JOHN, THOMAS GEORGE MUTHOOT

    No meeting listed in the filing.

  • IT Stratagy Committee

    Chair ANIL SREEDHAR

    THOMAS MUTHOOT, THOMAS GEORGE MUTHOOT

    No meeting listed in the filing.

  • Borrowing Committee

    THOMAS MUTHOOT JOHN, THOMAS MUTHOOT

    No meeting listed in the filing.

  • Debenture Issue and Allotment Committee

    THOMAS MUTHOOT JOHN, THOMAS MUTHOOT

    No meeting listed in the filing.

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Suresh Surana & Associates LLPPeer-review certificate valid to Mar 2028

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Muthoot Microfin AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Muthoot Microfin share news and announcements

Annual general meeting, 11 Aug 2026

1,31,550 shareholders on the register on 31 Jul 2026; present: 4 promoters and 42 others; votes counted by Puzhankara Sivakumar / SEP & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company including the Balance Sheet as on March 31, 2026, and the Statement of Profit and Loss Account and Cash Flow Statement for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon:MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.18%

    Turnout: all 78.66% · promoters 96.83% · institutions 91.82% · other public 3.44%

  2. To appoint a Director in place of Mr. Thomas George Muthoot (DIN: 00011552), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, at this Annual General Meeting, and being eligible, offers himself for re-appointment:MoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.28%

    Turnout: all 76.91% · promoters 93.68% · institutions 91.82% · other public 3.44%

  3. To consider the proposal for Issuance through Private Placement of Debenture and /or through Public Issue
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.26%

    Turnout: all 78.66% · promoters 96.83% · institutions 91.82% · other public 3.44%

  4. To consider and approve the appointment of Ms. Hannah Muthoot (DIN: 10762532) as Non- Executive Director of the Company:
    OrdinaryPromoters have an interest in it
    99.90% for0.10% against

    Against: promoters 0.00% · institutions 0.33% · other public 0.32%

    Turnout: all 78.66% · promoters 96.83% · institutions 91.82% · other public 3.44%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 14 Mar 2026, 1 resolution

1,42,786 shareholders on the register on 6 Feb 2026; votes counted by Puzhankara Sivakumar / SEP & Associates.The company's voting result (opens in a new tab)

  1. To consider the proposal for Issuance through Private Placement of Debenture for additional amount of ₹ 2000 Crores (Rupees Two Thousand Crores Only) in one or more tranches or series, from time to timeMoreLess
    Special
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.15%

    Turnout: all 80.54% · promoters 99.99% · institutions 93.66% · other public 2.93%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 24 Jul 2025, 4 resolutions

1,56,263 shareholders on the register on 18 Jul 2025; present: 2 promoters and 44 others; votes counted by Puzhankara Sivakumar / SEP & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company including the Balance Sheet as on March 31, 2025, and the Statement of Profit and Loss Account and Cash Flow Statement for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.23%

    Turnout: all 65.29% · promoters 99.99% · institutions 36.11% · other public 2.62%

  2. To appoint a Director in place of Mr. Thomas Muthoot (DIN: 00082099), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, at this Annual General Meeting, and being eligible, offers himself for re-appointmentMoreLess
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.39%

    Turnout: all 63.54% · promoters 96.82% · institutions 36.11% · other public 2.62%

  3. To consider the proposal for Appointment of Secretarial Auditors
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 65.29% · promoters 99.99% · institutions 36.11% · other public 2.62%

  4. To consider the proposal for Issuance through Private Placement of Debenture and /or through Public Issue
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.25%

    Turnout: all 65.29% · promoters 99.99% · institutions 36.11% · other public 2.62%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 19 Feb 2025, 3 resolutions

1,61,265 shareholders on the register on 17 Jan 2025; votes counted by Puzhankara Sivakumar / SEP & Associates.The company's voting result (opens in a new tab)

  1. To consider and approve the appointment of Mr. Thomas Muthoot John (DIN: 07557585)as a Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.43%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  2. To consider and approve the appointment of Mr. Thomas Muthoot John (DIN: 07557585) as a Whole Time Director of the Company and the remuneration payable to him
    Ordinary
    96.84% for3.16% against

    Against: promoters 0.00% · institutions 9.73% · other public 0.46%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  3. To consider and approve the appointment of Mr. Anil Sreedhar (DIN: 07536707) as the Independent Director of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.40%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 18 Jul 2024, 11 resolutions

Present: 2 promoters and 40 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Annual Audited Financial Statements of the Company including the Balance Sheet as on March 31, 2024, and the Statement of Profit and Loss Account and Cash Flow Statement for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.46% · other public 0.01%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  2. To appoint a director in place of Mr. Thomas George Muthoot (DIN: 00011552) who retires by rotation at this Annual General Meeting, and being eligible, offers himself for re-appointment.
    OrdinaryPromoters have an interest in it
    99.96% for0.04% against

    Against: promoters 0.00% · institutions 0.13% · other public 0.04%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  3. To appoint M/s. Suresh Surana & Associates LLP, Chartered Accountants (Firm Registration No. 121750W/W-100010) as Statutory Auditors and fixing their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  4. To consider the proposal for Ratification of appointment of Mr. Akshaya Prasad (DIN: 02028253), Non-Independent, Non-Executive Director
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.46% · other public 0.05%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  5. To consider the proposal for Ratification of appointment of Mr. John Tyler Day (DIN: 07298703), Non-Independent Non-Executive Director
    Ordinary
    99.85% for0.15% against

    Against: promoters 0.00% · institutions 0.46% · other public 0.05%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  6. To consider the proposal for enhancement of borrowing limits from ₹ 10,000 crores to ₹ 15,000 crores
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  7. To consider the proposal for creation of Charge on the assets/receivables of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  8. To consider the proposal of ratification of Muthoot Microfin Employee Stock Option Plan 2016 (“ESOP 2016”) of the Company
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.59% · other public 0.20%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  9. To consider the proposal of ratification of Muthoot Microfin Limited Employee Stock Option Plan 2022 (“ESOP 2022”) of the Company
    Special
    99.81% for0.19% against

    Against: promoters 0.00% · institutions 0.59% · other public 0.22%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  10. To approve the alteration of object clause of the Memorandum of Association of the Company
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

  11. To approve the adoption of Memorandum of Association as per the provisions of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 100.00% · promoters 100.00% · institutions 100.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 14 Mar 2026, 2 fund houses

  • To consider the proposal for Issuance through Private Placement of Debenture for additional amount of ₹ 2000 Crores (Rupees Two Thousand Crores Only) in one or more tranches or series, from time to timeMoreLess
    2 for0 against

Mutual fund votes, meeting of 24 Jul 2025, 1 fund house

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • To receive, consider and adopt the Annual Audited Financial Statements of the Company including the Balance Sheet as on March 31, 2025, and the Statement of Profit and Loss Account and Cash Flow Statement for the financial year ended March 31, 2025, together with the Reports of the Board of Directors and Auditors thereonMoreLess
    1 for0 against
  • To appoint a Director in place of Mr. Thomas Muthoot (DIN: 00082099), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, at this Annual General Meeting, and being eligible, offers himself for re-appointmentMoreLess
    Against Motilal Oswal Mutual Fund
    • Motilal Oswal Mutual FundRe-appointment compliant with law. No concern on the merits of proposed appointee. Governance Concern: Chairperson related to Executive Director.
    0 for1 against
  • To consider the proposal for Issuance through Private Placement of Debenture and /or through Public Issue
    1 for0 against
1 proposal not matched to one resolution
  • Appointment of M/s. SEP and Associates, Company Secretaries (Peer Review No. 6780/2025) as the Secretarial Auditors of the Company for a tenure of five consecutive financial years, commencing from the financial year 2025-26 to 2029-30, to conduct Secretarial Audit and issue report, at an audit fees of Rs. 1,75,000/- plus applicable taxes and out of pocket expenses, if any, for any outstation visit made by them, on actual basis.MoreLess
    1 for0 against
2 earlier meetings

Mutual fund votes, meeting of 19 Feb 2025, 4 fund houses

  • To consider and approve the appointment of Mr. Thomas Muthoot John (DIN: 07557585)as a Director of the Company
    4 for0 against
  • To consider and approve the appointment of Mr. Thomas Muthoot John (DIN: 07557585) as a Whole Time Director of the Company and the remuneration payable to him
    Against Bandhan Mutual Fund, Groww Mutual Fund, Mirae Asset Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundAppointment compliant with law. No concern on the Merits of the Director. Governance Concern: No cap on Variable Pay.
    • Mirae Asset Mutual FundAs per advisory recommendation (Passive holding)
    0 for4 against
  • To consider and approve the appointment of Mr. Anil Sreedhar (DIN: 07536707) as the Independent Director of the Company
    4 for0 against

Mutual fund votes, meeting of 18 Jul 2024, 3 fund houses

  • To receive, consider and adopt the Annual Audited Financial Statements of the Company including the Balance Sheet as on March 31, 2024, and the Statement of Profit and Loss Account and Cash Flow Statement for the financial year ended March 31, 2024, together with the Reports of the Board of Directors and Auditors thereon.MoreLess
    3 for0 against
  • To appoint a director in place of Mr. Thomas George Muthoot (DIN: 00011552) who retires by rotation at this Annual General Meeting, and being eligible, offers himself for re-appointment.
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundCompliant with law. No concern on the merits of proposed appointee. Governance Concern: Holding 2 Full-Time Positions.
    0 for3 against
  • To appoint M/s. Suresh Surana & Associates LLP, Chartered Accountants (Firm Registration No. 121750W/W-100010) as Statutory Auditors and fixing their remuneration.
    3 for0 against
  • To consider the proposal for Ratification of appointment of Mr. Akshaya Prasad (DIN: 02028253), Non-Independent, Non-Executive Director
    3 for0 against
  • To consider the proposal for Ratification of appointment of Mr. John Tyler Day (DIN: 07298703), Non-Independent Non-Executive Director
    3 for0 against
  • To consider the proposal for enhancement of borrowing limits from ₹ 10,000 crores to ₹ 15,000 crores
    3 for0 against
  • To consider the proposal for creation of Charge on the assets/receivables of the Company
    3 for0 against
  • To consider the proposal of ratification of Muthoot Microfin Employee Stock Option Plan 2016 (“ESOP 2016”) of the Company
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Inadequate disclosure of Exercise price.
    0 for3 against
  • To consider the proposal of ratification of Muthoot Microfin Limited Employee Stock Option Plan 2022 (“ESOP 2022”) of the Company
    Against Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual Fund
    • Bandhan Mutual Fund, Groww Mutual Fund, Motilal Oswal Mutual FundNon-compliant with SEBI (SBEB & SE) Regulations, 2021: Inadequate disclosure of Exercise price.
    0 for3 against
  • To approve the alteration of object clause of the Memorandum of Association of the Company
    3 for0 against
  • To approve the adoption of Memorandum of Association as per the provisions of the Companies Act, 2013
    3 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
No
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.