Muthoottu Mini Financiers

Muthoottu Mini Financiers is an Indian non-banking financial company (NBFC) headquartered in Kochi, Kerala. Established in 1998, the company primarily focuses on gold loans and also offers a suite of financial services including microfinance, insurance, wealth management, and money transfers. It operates over 900 branches across 11 states and union territories.^{[6][7][8][9][10][11][12][13][14]}

Muthoottu Mini Financiers Ltd.

Company type	Private
Industry	Non-Banking Financial Services
Founded	1998
Founder	M. Mathew Muthoottu
Key people	Mathew Muthoottu (Managing Director), P. E. Mathai (CEO)
Products	Gold loans, insurance, microfinance, money transfers, wealth management
Revenue	₹815 crore (FY25)[1]
Net income	₹94.18 crore (FY25)[2]
AUM	₹4,142 crore (FY25)[3]
Rating	ICRA A (Stable), CARE A- (Stable)[4][5]
Website	muthoottumini.com

History

By FY2025, it reported a revenue of ₹815 crore and an Asset Under Management (AUM) of ₹4,142 crore.^[1][3] The company's credit rating was upgraded to "A (Stable)" by ICRA and CARE Ratings.^{[4][5][15][16][17][18]}

Services and operations

Gold loans remain the core business of Muthoottu Mini, with various products tailored for short-term liquidity and low-income households. The company also offers secured Non-Convertible Debentures (NCDs), raising up to ₹150 crore in recent public issues with yields between 8.84% and 10.47%.^[19][20] It has also launched specialized schemes like the "Safe Lock" gold loan and a gold loan lucky draw festival to attract customers.^[21][22] Plans are underway to diversify into MSME and two-wheeler finance by 2025.^{[23][24][25][26][27][28][29][30][31][32][33][34][35][36]}