muthootFINCORP

RPD/CMPLNC/ANNUAL/MARCH19-R 52 30 May 2019

Bombay Stock Exchange Limited

Phiroze Jeejeebhoy Towers

Dalai Street, Fort

Mumbai

Dear Sir

Sub: Compliance as per Regulation 52 of SEBI (LODR)

We, Muthoot Fincorp Limited, a public limited company having its registered office at Muthoot

Centre, Punnen Road, Trivandrum - 695039, being listed our Secured debentures and sub debts

in the Bombay Stock Exchange are hereby submitting our audited financial results for the year

ended 31-03-2019 along with the Statutory Auditor Report, Declaration in case of audit report

with unmodified opinion and disclosures as per Regulation 52(4).

Regards,

For Muthoot Fincorp Limited

(T, iai)

Compliance Officer

End:

Annexure 1: Audited Financial reports as per Regulation 52 (2) (a)

Annexure 2: Statutory Auditor Report as per Regulation 52 (3) (a)

Annexure 3:Declaration in case of audit report with unmodified opinion

Annexure 4: Disclosure as per Regulation 52(4)

MUTHOOT FINCORP LTD.CIN:U65929KL1997PLC011518(A Muthoot Pappachan Group Company)Regd. Office : Muthoot Centre, TC No 14/2074- 7 Punnen Road, Trivandrum, Kerala - 695 039T: +91 471 2331427, 4911400, F: +91 471 2331560, Ec muthoot@muthoot.com

www.muthootblue.com | www.muthoot.com | www.muthootfincorp.com | (QQA /muthootindia

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MUmoor FlNCORP LIMITEDMuthoot Centre, Punncn Rnad, Trivandrum, Keralii*ti95039

CIS - U65 929KLI997M.C0115IK

BALANCE SHEET AS AT MARCH31.2019

(Rs. in lakhs}

As ill

31si March 2D1ft

As JI1

3Kt March 21II9PuriaLilian

ASSKT.S

FiiisiTiciat awct.*

Cash and cash equivalentsllnnk Halnney other IhaiHn) nbove

Receivables

{!> Tajade Receivablesil]> Gihcr RceoEvaMcs

1

25,380.375,818.16

2K-.GS5 65

-1,405.5*1

nl

<0

v\

3,272 542,836.93

1 1,89,37-1.17

1,85,843 22

36,095 45

11,88,469.411 .8-1,770.61

28,061.50

<11 Loans

IniVKlIWHlii

Otlwr Financial amis

c)

ft

2 Nijra-linaiiLiinl A.IKE-LV

Cmircm *as assets (Koi)

EJuJciTL'd (MX IL'ISLCK iNoI I

Ins esimisu Ptaperiy

Property, Plant and Equipment

Dllier Intangible amis

Ollier iM.sci 1liiziici;i,1rsmlr;

iolal si.5ne*Ls

a)

b)

30,03Ml

51.624 40

645.16

34.812.78

cl 30,006.71

40,655 41

449.56

35.341 'HI

4)

el

0I5.5U80.65 15,64,160.33

LIABILITIES AND EQUITY

LIABILITIES

I'iinanciiil J.iiihLIiiiiL's

Piiynblei(li Trade Payables

CO natal mitiimuJiriy: discs cifmicro enterprises and smnll enterprises.

(ii) lottil GnisLandiiij! dues of creditors other lhan micro eriEerpriiesand small enterprises

(JI) Other Itayahies

(i j tntel cui sEiindinii dues of micro enterprises and snail enterprises

rii} ideal DlilSlSaidifig dues cif erediUHs nlhirr than microenterprisesiiilii Mri;i- 1 eiiteriinses

Pebl SecuritiesLSunnwines (other Ilnm <l.el>! secunltes)

Subordinated Liabilities

Olhcr Financial liabilities

s>

LOI4.5246.1 15 13

\>) 24.1 10 00

8.26,360 14

2,73,028.09

46.245 74

55.573,7(1

8,61,952.31

2,66,84*1 40

55,950.72

e)

d)

c)

2 ."'inn-fmaneml Liabilities

•L'ILIiL!I:! lax ImhiLitiet (net)

Prostuons

Deferred lax liabilities (iteij

Cither non-iinaaieial liabilities

3,659.10

2,157.83

48,271.18

1,636.12

12791

1,917 75

50,655 62

948 08

a)

bl

c)

dl

J Equity

FLI* ilLly share eapdaJ

Ollier equity

19J70.56

2,49.795 77

19,370.50

7,0(1.826 16

a)

b)

Tni;il Liabilities and Eguitv 15,64,160,3315,51.789,65

On behalf of the Board gi"Directors

h A Av Thomas John Muthool

Managing DirectorDIN 00011613

/A&ov

f<5 \ov* ALAr?v;HA Kochi. 30/05/201 9

* f/4

;c

Muthoot Fincorp LimitedRegistered Office: Muihont Centre, Punnen Road, frlvandrum-695039

CIN - LS65925iKIJ997PLC01 1 JIS

NOTES:

The Co]iipaii\' has adopted Indian Accountinn Stamhirds ("Ind AS") with the effective date of transition lauing, 1st April, 2617, The1 standalone financial results have been prepared in accordance with the Indian Accounting Standards prescribed under Suction 133 of the

Companies Act, 2013 read with relcviint ntles issued thereunder and other accounting principles generally accepted in India.

As required by paragraph 32 of Ind AS 101, the profit reconciliation & equity reconciliation between (lie figures previously reported

under Previous GAAP ;md as per Ind AS is as under:

(Rs m laths/

Year ended

31.03.20IS

(Audited)

Particulars

15,152.50Art Profit lifter Tax as rcpnrted under Previous GAAP

Impact mi account of transition to lud AS resulting in changes in reported I’AT :

(i) Expected Credit Loss method (ECL) and related adjustments forloans <fc Advances

(ii) Recognition of financial assets and financial liabilities at amortised cost by application ofEffective Interest Rate

(til) RemanUntil of financial assets at fair value

(iii) Aclurial valuation of gratuity impact

(ivj Pair valuation of security deposit

(vj Tax impact on above adjustments

(3,646.42)

(57.29)

171.26

(412.55)

24.45

1,356.S3

12,-588.87Profit after Tux as per [Nfi AS

3(1.050.19Other Comiit chcusivc Income (net ofTaMas per l\;3 AS

42,639.1)5Total Comprehensive Income Hit per l\|) AS

till in lathsI

Year ended

31.U3.2UIS(Audited)

Particulars

1,79,558,91Tutal Equity as per previous GAAP

Impact fine to Ind AS Adjustments divided In following categories:

(i) Expected CrediI Loss method (ECL) and related adjustments for Loans & Advances

(ti) Recognition rtf financial assets and financial liabilities at amortised cost by application of Effective Interest Rate

(7,689,42)

117.19

(tit) Recognition of financial assets at fair value(iv) Tax adjustments of prior years(v) Fair valuation of security deposit(vi) Tax Impact on above adjustments__

1,57,126.59

(7,91726)

(415 82)

(31,613.87)

2,69,166.32Total Equity as per lud AS

Lite audited standalone financial results were reviewed by the audit committee and recommended for approval and approved hy the Hoard

of Directors at their meeting held on 3Udi May, 2019.

Previous year figures have been regrouped!reclassified wherever necessary, to confrom with the current period presentation

On behalf of Ihe Hoard of Directors

tkJLcThomas John Muthoot

Managing Director

DIN 00611618>\\Git

Kochi, 30(05720 19

4- 9//

r

MUTHOOT F1NCORP LIMITEDMuthoot Centre. Punnen Road, Trivnndnim* Kerala-695039

CEN - U65029KL 1 997PLC0 J 15 1 8

STATEMENT OF AUDITED FINANC IAL RESULTS FOR THE HALF YEAR AND YEAR ENDED 31st MARCH. 201!)

(Rs. in lakh\)IBui f V r Ended

31/B3/2HE9ifnaudiu-J]

Half Year EndedJ1/03/2UI&

ftinsHPi]jteil)

Vit'-Eir Ui Pplc I’nclfij

31/1)3/20]9 (Audiinl)

V*ar tfi Date Ended33/03/2015' (Audited)

ParticijISriFK

Revenue from operacinna

< i) Jnlerust morsene

(ii) Dividend income

Irii'l 3£-“ii";i] income

(iv) F«S mid aMnni&igci iiScpikle

fv) Olliers

Tumi Rex oisin- front operations

Other Income

‘Il'iiMui lnc<j]HLB (I + II)

2,06,625.72

Hi 77

462.32

9.064.483,482.72

2,18,654.01

81.42

2,18,735.43

99,030 73 2,27,773.91

ts.ss

472.85

9,214.20

10.948.92

2,48,328.65

136.35

2,48,465,<1(1

1,14.968 61

9 25

240.24

7,371JO

S.K3I 41

MM19.&052.15

Ml.471ÿ95

ft 54

223 35

6,43900

1.429-93MW,549,55

34 7')

1,08,583.34

ID(ID

(Ui)

KIJHTISUS(i) J'iiiancÿ $DM£

(ii) Isiipnin-neTit of hn;mct;il cnstmmmls

(iii j Net Loss on fair value changes

(iii) Employee benefn expenses

(iv) 1k jircuialiim, ainoiIiy-Shuli ;uid imsiairnieiLl

(v ) (.Jtjier espealsdjj

Tidal Expenses

Puifiii'diiss) beHire tax {111- IV)

Tax Exptuuft-

( 1 1> Ciinreni lax

(2) Deferred lax

PrtuMlnaa) for file year fV-VIJOther Comprehensive Income

A fij hems Lliai will IUM he classified to pros'll or loss

AClpinl gain ins?.) cm inUpluyeu bundllS tliE&Ugli OCl

til'Ii Income lax rolnlmg In il-yius jtial will not ire tecL'issilied to proffci

oe JOKE,

StibiumI (A)

B (i|| hems iliiii will be classified to profit or loss

£ii) Income lax minting to items ihni will be rcylnssiliyd m jmodiL ur

5 5,11)3 3*1

6,654 01

583 87

20,587.06

3,478.34

20,359 79

1,96,766.42

1,916,92

1,30,051.56

2,638.99

259.41

43,(199 72

6,996,09

41.647,51

2,24,693.19

23,771.92

1.12.576 13

5.950 45

105.22

39,044.89

7,078.60

38.570.012,03,225.3]

15,510.12

70.203 97

<829 99)

413%

22,674 53

3,499 44

21,694 77

1.17,635.69

13,836.26

(IV»<V>(VI)

9.439.32(1,213.35)

15,545.95

5,274.73

(2,353.49)

12,599.97

4,815.87

< 191 35)

9,21 1.74

1,132.75

(2,959.77)

3,643,94(VII)

(VIII)

412.5575 49 308.41 (16.58)

(142.79)(106.39) 5.79(26.38)

(10.79)

(3,334.74)

1.165.29

269.79

45.541.37

49.it 202.03

25,362 It(9,819.82)

(15.760.96)3,431 -14 (8,709.52)Eix-is

Sablacal jli)

Other ( ii-niprt-liiL'Eisiiv L1 Incame (A + II)

Tulal CaniprehniJ-ivu liiyamu for 111* ]H'Saudi (XIII+XIV)

(Comprising Profit (Loss) mill Other CompnliunxivL* Incimte fur

1lie neriud)

Earnings per equity share (for continuing uperAliojtsjj

Basic iRs )

Diluled1Rs.)_

29*780.41

30,050.19

(ft,JHH_3H)

(6,339.26)

16,652.59

16,854.62

(2,169.45)

(2,180.23)

42,639.0520,498,55 1.1,365,61(IX) 2,872.47

(X)

6.50I 58 8.034 7ft

8.03 6.504 7ft I 88

On behalf of the Board of Directors

fkJLt-Thomas John Muthoot

Managing Director

DIN 00011618

kothi, JO/O.V’019

rv- O0

E-mail : 5reenivasan2121@gmail.comMob: 9847051915

Phone : 226154217/598. lind FLOOR

CARD BANK BUILDINGWEST OF Y. M. C A. BRIDGE

V. C, S B. ROAD

ALLEPPEY - 688 001

RANGAMAN! 8C CO.,

CHARTERED ACCOUNTANTS

INDEPENDENT AUDITOR S REPORT

To

The Board of DirectorsMuthoot Fincorp LimitedMuthoot Centre, Punnen Road,

Thiruvananthapuram - 695 039

1. We have audited the accompanying Statement of Standalone Financial Results of

M/s. Muthoot Fincorp Limited, Muthoot Centre, Punnen Road,ThiruvananthapuramStatement"), being submitted by the Company pursuant to the requirement ofRegulation 52 of the SEBI (Listing Obligations and Disclosure Requirements)Regulations, 2015, as modified by subsequent Circulars.

695039for the year endedMarch 31, 2019 ("the

2. This Statement, which is the responsibility of the Company's Management andapproved by the Board of Directors, has been compiled from the Standalone Ind ASFinancial Statements which have been prepared in accordance with the IndianAccounting Standards prescribed under Section 133 of the Companies Act, 2013, readwith the Companies (Indian Accounting Standards) Rules, 2015 and other accountingprinciples generally accepted in India.Our responsibility is to express an opinion onthe Statement based on our audit of such Standalone Financial Statements.

3. We conducted our audit in accordance with the Standards on Auditing, issued by theInstitute of Chartered Accountants of India. Those standards require that we complywith ethical requirements and plan and perform the audit to obtain reasonableassurance as to whether the Statement is free of material misstatement

An audit involves performing procedures to obtain audit evidence about the amountsand the disclosures in the Statement The procedures selected depend on theauditor's judgement, including the assessment of the risks of material misstatementof the Statement, whether due to fraud or error. In making those risk assessments,

the auditor considers internal control relevant to the Company's preparation and fairpresentation of the Statement in order to design audit procedures that areappropriate in the circumstances,but not for the purpose of expressing an opinion onthe effectiveness of the Company's internal control. An audit also includes evaluatingthe appropriateness of the accounting policies used and the reasonableness of theaccounting estimates made by the Management, as well as evaluating the overallpresentation of the Statement,

Continuation Sliest No.

RANGAMANI & CO.

We believe that the audit evidence obtained by us is sufficient and appropriate toprovide a basis for our audit opinion.

4. In our opinion, and to the best of our information and according to the explanationsgiven to us, the Statement:

(i) Is presented in accordance with the requirements of Regulation 52 of the SEB1(Listing Obligations and Disclosure Requirements) Regulations, 2015, as modifiedby Circular No. CIR/IMD/DF1/69/2016 dated August 10, 2016; and

(ii) Gives a true and fair view in conformity with the aforesaid Indian AccountingStandards and other accounting principles generally accepted in India as referredto in Note 2 of the Statement, of the Net Profit and Total Comprehensive Incomeand other financial information of the Company for the year ended March 31,2019.

5. The Statement includes the results for the Half Year ended March 31, 2019 being thebalancing figure between audited figures in respect of the full financial year and thepublished year to date figures up to the first half of the current financial year whichwere subject to limited review by us.

For Rangamani & Co.,Chartered Accountants,

Firm Regn. No. - 003050 S

fob/M,' 0

R. SreenivasanPartner

Membership No.: 020566

Place: KochiDate: 30th May, 2019

mmuthoot

F1NC0RP

RPD/CMPLNC/ANNUAL/MARCH19

Bombay Stock Exchange Limited

Phiroze Jeejeebhoy Towers

Dalai Street, Fort

Mumbai

Dear Sir

Sub: Declaration in case of audit report with unmodified opinion

With reference to the SEBI circular CIR/CFD/CMD/56/2016 dated May 27, 2016 and SEBI circular

DCS/COMP/04/2016-17 dated June 01, 2016, we, Muthoot Fincorp Limited, a public limitedcompany having its registered office at Muthoot Centre, Punnen Road, Trivandrum - 695039,

being listed our Secured debentures and sub debts in the Bombay Stock Exchange hereby Declarethat our Auditors have confirmed the audit report with unmodified opinion.

Regards

For Muthoot Fincorp Limited

(Thomas John Muthoot)

Managing Director

171 MUTHOOT FINCORP LTD.

s(A Viaiho:;-; rvip;>vriV:n CiuSctp O.jmpcsiv.-:(V•<]{i fi •|V v/;« G.-'.i 7C V \ X y. •:.) 7 .i

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muthoot risi'ri So-lfl.'ÿW3l.tr-i"

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muthootFINCORP

1. Credit Rating of the Debentures: CRISIL A/Stable

2. Debt-Equity Ratio: 4.16

3. Previous due date for the payment of Interest /Principal whether the same has been paid or not:

Sr No Series Due date Status of Payment

1 INE549K.07246 30-10-18 Paid

2 INE549K07360 05-11-18 Paid

3 INE549K07329 05-11-18 Paid

4 INE549K07352 05-11-18 Paid

5 INE549K07394 05-11-18 Paid

6 INE549K07113 29-03-19 Paid

7 1NE549K08087 29-03-19 Paid

8 INE549K07337 29-03-19 Paid

4. Next due date for the payment of Interest /Principal

a. Interest

Sr No Series Due Date

29-03-191 INE549K07113

29-03-192 INE549K08087

29-03-19INE549K073373

INE549K.074104 07-05-19

b. Principal with Interest

Sr No Series Redemption Amount (Rs in lakhs)Due Date

INE549K071131 02-08-19 29.11

02-08-192 INE549K07147 45.54

02-08-193 INE549K07188 38.95

5. Debenture redemption reserve: created reserve of Rs.19.83 Crore on 30/04/2018 and the same

utilized for redemption payment on 05/11/2018.

6. Net worth: 280,196.72 lakhsFor Muthoot Fincorp Ltd.

7. Net profit after tax: 1 5,545.85 lakhs

Cooipaif/S-wrretary8. Earnings per share: 8.03

MUTHOOT FINCORP LTD.CIN:U65929KL1997PLC011518(A Muthoot Pappachan Group Company)Regd. Office : Muthoot Centre, TC No 14/2074- 7 Punnen Road, Trivandrum, Kerala - 695 039T : +91 471 2331427, 4911400, F : +91 471 2331560, E : muthoot@muthoot.comwww.muthootblue.com | www.muthoot.com | www.muthootfincorp.com | fOQS /muthootindia

r a amPiimuthoot :-ioa i

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