Analysts Concall
Muthoot Fin to see good growth for gold loan business
This story was originally published at 19:32 IST on 12 February 2026
Register to read our real-time news.Informist, Thursday, Feb. 12, 2026
--Muthoot Fin: See good growth momentum for gold loan business
--Muthoot Fin: Lack of unsecured loan in mkt may support gold loan growth
By Divya Moolayattil and Sagar Sen
MUMBAI/NEW DELHI – Muthoot Finance Ltd. expects good growth in its business in the coming quarters, backed by strong momentum in its gold loan business. "The gold loan business per se, as well as the other businesses, are doing well. But potentially, today is a time for the gold loan business. The gold loan business is going very well," the management said in the post-earnings call. The gold financier's net profit for the December quarter nearly doubled on year to INR 26.56 billion due to a sharp rise in its business.
The Reserve Bank of India recently issued draft regulations proposing to allow branch openings without prior approval. If implemented, the company management said it will be able to open branches wherever required, and it will be positive move for the gold loan business.
Muthoot Finance has nearly 5,000 branches and Muthoot Money has about 1,000 branches across India. The company management said current market environment is highly favourable for the gold loan sector, and it is well positioned to take advantage of opportunities in the gold loan sector.
The company management said it is not just the rise in gold prices driving the loan demand but difficulty in getting unsecured loans and a slowdown in the microfinance sector leaving many borrowers with limited financing options. So more people are using gold as a collateral to meet their cash needs.
The company management said it was yet to consider the possibility of offering loans against silver. The shares of Muthoot Finance closed 3.40% higher at INR 4,066.90 on the National Stock Exchange. The results were announced during the market hours. End
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
