Muthoot Capital Services Ltd.
You can view the entire text of Notes to accounts of the company for the latest year
ISIN No INE296G01013 52Wk High (Rs.) 1300 BV (Rs.) 239.51 FV (Rs.) 10.00
Bookclosure 13/06/2017 52Wk Low (Rs.) 700 EPS (Rs.) 32.64 P/E (X) 27.60
Mkt Cap. (Rs. Cr.) 1,481.43 P/BV (X) 3.76 Div Yield (%) 0.00 Mkt Lot 1
2018-03

Refer Note No. 2.16 ‘Cash and Cash Equivalents.

Deferred Tax Asset and Deferred Tax Liabilities have been set off wherever the Company has legally enforceable right to set off current tax assets against current tax liabilities and the Deferred Tax Assets and Deferred Tax Liabilities relating to

2.17.1 The Company has repossessed assets worth Rs, 15 19 thousand on 31st March, 2018 (Rs, 85 thousand). The same has been fully provided for and charged to statement of Profit and Loss as on the date of the Balance Sheet and the realizable value is shown as Nil.

2.17.2 Loans Buyout

The company has entered into arrangements with other NBFCs for the buyout of receivables against Four Wheeler Portfolio and Two Wheeler Portfolios. The rate of interest receivable on the loan buyouts ranges between 15% to 16% per annum on the diminishing balance. The tenure of the loans ranges between 20 months and 37 months.

2.17.3 Term Loans

The company has advanced Term Loans to other Companies / NBFCs secured by way of first charge on the loan portfolio created out of the lending by the Company. The rate of interest receivable on the term loans ranges between 12% to 16% per annum on the diminishing balance. The tenure of the loans ranges between 12 and 48 months.

Compiled based on information maintained by the Company on which reliance has been placed by the Auditor.

The operating lease arrangements are renewable on a periodical basis and relates to rented premises. The lease agreements have lease escalation clauses.

The earnings per share for the current period and previous periods have been restated in the manner required by Accounting Standard-20 “Earnings Per Share” in respect of 12,47,258 bonus shares allotted by the Company in accordance with the resolution of the shareholders of the Company passed at the Annual General Meeting held on 6th June 2017.

Note 1 - Overdues for a sum of Rs,18 00 thousand in respect of Secured Debentures represents debentures for which payments could not be made as claims were not received from debenture holders.

Note 2 - Overdue of Rs,3 39 62 thousand in respect of Public Deposits includes deposits for a sum of Rs,1 32 67 thousand pending renewal and deposits for a sum of Rs,2 06 95 thousand for which payments could not be made as claims were not received from deposit holders.

Note 3 - Balance outstanding against amounts borrowed from banks is inclusive of interest accrued, but not due.