M

uthoot Fi nance Li m ited

Registered Otfice:
ilcr floor, Muthoot Chambers.
Bane4i Road, K@fii - 682 018
Kerala, lndia.
CIN : L6591OKL1997PLC 011300

The Muthoot Group

Phone: +91 484 2396478,2394712

Fax: +91 /t84 2396506.2397399
mail s @ muthootg roup.com
www.muthootgroup.com

Scrip Code:53339g
Symbol: MUTHOOTFIN
Ref: SEC/MFL/

SE

201,6

2,

n?,

National Stock Exchange of India Ltd.

Exchange Plaza,

Plotno. C/'1,,G Block,

Bandra-Kurla Complex
Bandra (E), Mumbai - 400

ldy
BSE

28,2016

Limited

Department of Corporate Services

P. J. Tower, Dalal Street,
Mumbai 400 001
051

Dear Siy'l\{adam,

The Board of Directors of the Company at their

meeting held on zgth
201.6 atthe Registered
company have approved'the unaudited fiianciar resultsllly,
for the luarter ended June

Yrtt;t:r::the

we herewith enclose the unaudited Financial Results

along with the Limited Review Report for
the Quarter ended June 30, 2016 asrequired.under
Regulation 33 of the securities and Exchange
Board of India (Listing obligations and Disclosure
fi"q.rir"-"nts) Regulations, 2015 (5EBI -

LODR',).

The results would be published in one English

and one vernacular newspaper as required under
Regulation 47

of SEBI- LODR.

Request you to kindly take on record. the information

and disseminate the same to the investors
through the website.

Thanking You,
For Muthoot Finance Limited

MUTHOOT FIF{ANCE LIMITED

Registered and Corporate Office: Muthoot Chambers,
Opposite Saritha Theatre Complex, 2nd Floor, Banerji Road, Kochi 682 018,India.
CIN No. L6591 0KLI997PLC0I 1300
Ph .No. 0484 2396478. Fax No. M84 2396506, Website : www.muthootfinance.com, Email id:
m

ails@mutfi ootgroup.com

Sfatement of Unaudited Financial Results for the Quarter Ended 30th June 2016
Rs. In Lakhs

Standalone
Ouarterendcd

Particulrn
30.06.il)r6

3tl)3.20r6

(Unaudited)

(Audited)*

I'ear ended

30.06.2015

(Unaudited)

31.03.2016

(Audited)

Income from Operations

t27.t21.52

142.905.77

112.557.81

480,066.83

Other Operating Income

2.517.94

I,788.87

1,447.80

6.013 22

129,639.46

144,694.64

I14.005.6,1

486.r40.05

Totel Income from Operationr

Expenses

Employee Benefits Expenses

18.489

11

16,071 49

16,069.52

64,187.79

Rent

4.3i8.08

4,36.{.37

4.152.30

l7,129.76

Advertisement

1,179.97

1,494.82

1-682.51

6,261.21

1"755.06

12.988.99

I,056.30

16,243.91

Other Expendiarre

5,070.96

4,848.39

4,852.39

20,482.66

Depreciation and Amortisation

1"169.05

I,465.45

1,400.93

5;t5t.47

Total Expenses

32$02.23

41J33.5t

29J13.95

130056.80

Profit fiom Opemtions before Other Income, Finance

cost & Exceptional ltems

97,637 .23

1.3

w,791.69

356,083.25

433 6s

256.20

I,361.45

Provisions

& Write offs

Other Income

Protit from ordinary activities belbre Finance cost

Exceptional Items

M2.47

&

103.461

98,079.70

103,894.78

85,0.17.89

357,444.'70

Finance Cost

55,708.47

i6.389.89

56.699.69

?25.769.29

Profit from ordinary activities atter Iinance cost but

before Exceptional Iterns

42.371.23

,17,504.89

28.348 20

l3l,675.41

r31575.4r

Exceptional Itans

Prolit frcm Ordinary Activities before trx

42,371.23

47504.89

28348.20

Tax expense (including deferred tax)

i 5,344.41

t0,432.21

Net Profit from Ordinary Activities after tax

Extraordinary Items

27,426,82_

20.98276
26,52L13

27,n26.82
39.905 09

Net

Pmfrt for the period

Paid up Equity share capital ( Face value Rs. l0/- each)

Driuted

2652Lt3

18,315.99

809ss.3r

39.900.23

39"800.00

39,900.23

522,024.68

677

6.67

4.60

20.34

6.71

6.56

4.56

20.10

6.77

6.67

4.ffi

20 34

6.71

6.56

4.56

20.

b)Eamings Per Share (Not Annualised) (after

extraordinary lterns) (of Rs. lOi- each)

Basic

Diluted
See accompanyrng notes to financial rcsults

l0

80,955.31

Reserves excluding Revaluation Resen'es as per

balance sheet ofprevious accounting yea-r
a)Earnings Per Share (Not Annualised) (before
extraordinary ltems) (of Rs. I 0i- each )
Basic

50,720.

18,315.99

l0

MUTHOOT FINANCE LIMITED

Registercd and Corporate Office: Muthoot Chambers,
Opposite Saritha Theatre Complex, 2nd Floor, Banerji Road, Kochi 6E2 018, India.
CIN No. L65910KL1997PLC01 1300
Ph .No. M84 239U7E, Fax No. &184 23965ffi, Website : www.muthootfinancecom, Email id: mails@muthootgroup.com

SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED

In Lakhs

Rs.

Standalone
Quarter ended

Pafticulars

30.06.2016
(Unaudited
Segment Revenue:
Financing

129.598.51

40.95

Power Generation

129,639.16

Total Revenue

Year ended

31.03.2016 | 30.0,6.20t5
(Audited)*
(Unaudited

31.03.2016

2.03

n3.y)5.46
10.18

114.694.64

11.t,005.64

t44.692.61

(Audited)
486,025.63

n4.42
486.r{0.0s

Segment Result:

42.393.70 47.638.33 28,580.98

Frnancing
Power Generation

35.69

Unallocated income
Unallocated expenses

442.47

(29.35)

433.65

(500.63) (537.74)

Profit Before Tax

Tar expense (including deferred tar)
Profit after Tax

r.48)

132"266.78
5e.8e

I,361.45

256.20
(487 -50)

42371.23 47*504.89 2834E.20

15,344.41 2$.982.76 10,032.21
27,026.82 26,522.13 18Jr5.99

(2.012.7t)
131,675.41
50.720.1A
E0.955.31

Capital Employed
(Segnaent assets - Segment

liabilities)

Financing
Power Generation
Unallocated Assets(Liabilities)

Total Capital

Employed

579,740.35 567,813.00 536,224.61

452.45 427.56

358.72

567,813.00

8,960.24 (6,315.65) (9,s20.32)

589,153.U 561,924.91

527,063J1

427.56

(6.315.65)

s61.924.91

MUTHOOT F'INANCE LIMITED

Registered and Corporete Ofrice: Muthoot Chambers,
Opposite Saritha Theatre Complex, 2nd f,'loor, Banerji Road, Kochi 682 018,India.
CIN No. L65910KL1997PLC0I 1300
Ph .No. 0484 2396478, Fax No. 0484 2396506, Website : www.muthootfinance.com,

Email id: mails@muthootgroup.com

Notes:

I The above financial results have

been reviewed by the Audit Committee and approved by the Board

Directors of the company at their respective meetings held on July zg,2016.

of

2 The above results have been subject to Limited Review by the Statutory Auditors of the Company.

3 The working results have been arrived at after considering provisions for

standard assets and nonperforming assets as per RBI guidelines, depreciation on fixed assets and other usual and necessary

provisions.
4 The Company operates in two segments - Financing and Power Generation. These segments have been
identified in line with the Accou:rting Standard on Segment Reporting (AS 17).
5

During the quarter, the company acquired 20,00,000 existing equity shares of Belstar Invesunent and
Finance Private Limite4 for a consideration of Rs.700 lakhs representing 13.93yo of the total capital of
Belstar Investnent and Finance Private Limited.

6 During the quarter, the company acquired 5,00,000 existing equity shares of Muthoot Insurance Brokers
Private Limited for a consideration of Rs. 2,000 lakhs representing 100% of the total capital of Muthoot
Insurance Brokers Private Limited.
7 During the quarter ended June 30, 2016, the company has allotted 48,602 shares under the Muthoot ESOP
Scheme 2013. The company has not granted any options during the quarter.
8 The Company has maintained hundred percent asset cover by way of rnortgage of immovable property and
paripassu floating charge on current assets, book debts and loans & advances of the Company for its Listed
Secured Non Convertible Debsntures 4ggregating to Rs.400 ,435.31lakhs as at June 30 2016.

9 +The figures for the quarter ended March 31, 2016 are the balancing figures between the audited figures in
respect of the full financial year ended March 3I, 2016 and the year to date limited review figures for the
nine months ended December 31,2015.

l0 Previous period/year figures have been regrouped / reclassified wherever

necessary to conform

to current

period/year presentation.

For and on

Kochi
28.07,2016

behalfof

Muthoot

RANGAMANI & CO..

Chartered Accountants

'Triden', Ist Floor

Plakkat Colony
Kaloor Kadavanthara Road
Koch i-6820 I 7

Ernail: info@rangarnani.com

Independent Auditors, Review Report

To:
The Board of Directors
Muthoot Finance Limited
Cochin

682 108

We have reviewed the accompanying statenrelrt of standalone unaudited financial results of

Muthoot Finance Limited ('the Company') for the quarter ended 30'h June, 2016 (,the
Statement'), being submitted by the Company pursuant to the requirement of Regulation
33 of the
SEBI (Listing Obligations and Disclosure Reqr.rirements) Regulations 2015. This Statement
is the
responsibility of the Company's Managemcnt ar-rd has been approved by the Board of Directors.
Our responsibility is to issue a report on tl.re Statenrcnt based on our review.
We conducted our review of the statement in accordance with the Standard on Review Engagement
(SRE) 2410, "Review of Interim Financial Infbnnation Perfbrmed by the Independent Auditor
of
the Entity" issued by tlie Institute o1'Chartered Accountants of India. 'fhis Standard requires that we
plan and perform the review to obtain moderatc assurance as to whether the Statement is free
of
material misstatement. A review is limitcd prirnarily to inqr,riries of cornpany personnel and
analytical procedures applied to financial data and thus provide less assurance than an audit. We
have not performed an audit, and accordingly, wc do not express an audit opinion.
Based on our review conducted as stated above, notlring has come to our attention that causes us
to

believe that the accompanying statement of standalone unaudited financial results prepared in
accordance with the applicable Accounting Standards and other recognised accounting practices
and policies, has not disclosed the information reqr"rired to be disclosed in terms of Regulation 33 of
the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI
Circular No. CIR/CFD/FAC/6212016 dated 5tr'July. 2016 including the manner in which it is to be
disclosed, or that it contains any material misstatcment.
For M/s Rangamani

& Co

Chartered Accountants
(l'RN:0030s0 S)

Place: Kochi
Date:

Julv 28.2016

Ah;r+
/

R. Sreenivasan
Partner (M. No. 020566)