Muthoot Microfin IPO Review & Recommendations

Muthoot Microfin IPO Peer Comparison

Muthoot Microfin Limited peer comparison with similar listed entities. (As on March 31, 2023)

Notes:

1. All the financial information for listed industry peers mentioned above is consolidated (unless otherwise available only on a standalone basis). It is sourced from the respective company's annual reports/ financial results for the year ended March 31, 2023.

2. P/E ratio is calculated as closing share price (June 23, 2023, - BSE) / Diluted EPS for the year ended March 31, 2023.

3. Basic and Diluted EPS as reported in the annual report/financial results of the company for the year ended March 31, 2023.

4. Return on net worth (%) = Net profit/(loss) after tax / Net worth at the end of the year.

5. Net asset value per share (in ₹) = Net worth at the end of the year / Total number of equity shares outstanding at the end of the year.

6. Net worth includes share capital, reserve and surplus.

7. The audited financial statement for the year ended March 31, 2023, of CreditAccess Grameen Limited, Spandana Sphoorty Financial Limited, Fusion Micro Finance Limited and Muthoot Microfin Limited were prepared as per Ind AS and Equitas Small Finance Bank, Ujjivan Small Finance Bank Limited and Bandhan Bank Limited were prepared as per Indian GAAP