Muthoot Finance Limited CC-May26.pdf · 2026-05-14
Hi, sir. So, just a small question. So, if we see loan AUM per loan account, with reference to the slide number 19, the number has gone up for Muthoot Finance as well as for Muthoot Money by around 48%-49% year on year. So, is that rise is due to the customer borrower appetite just because of, you know, the gold loan price has gone up? And so, what is the basic reason for such a sharp rise in the loan AUM per loan account?
No, that's fine. They can, since the gold price is rising, so obviously he can avail higher amount of loan for the same gold quantity. But why should he take that much of loan? Is there a need, basically? Oommen K. Mammen So, you know, you answered it. See, what happens is, Muthoot Money is a new company. What happens is, you are adding more and more new customers. So, the number of customers has increased from 2,74,000 to 4,68,000. Now, a lot of these new customers were looking at higher ticket size customers. So, Muthoot Finance has, if you look at more than 3 lakh ticket size customers, we have 32% of the total book. So, as and when the company increases its footprint as well as attracts more and more customers, people from higher ticket size also might come in, which elevates the average ticket size number. But ultimately, why should somebody pledge gold jewellery with a 25% margin? He has a requirement. So, finally, this business is driven by his working capital funding requirement. So, if he has a need, he will take a higher ticket size loan. Somebody who has a lower need, he will take a lower loan.