Muthoot Forex Limited

Muthoot Forex Limited - financial services in Ernakulam, Kerala, India. FY 2026 financials and compliance.
CIN U67190KL2000PLC014180 Incorporated 04 September 2000 ROC Ernakulam HQ Ernakulam, Kerala, India
Active Public Limited Company financial services
Data last updated
Revenue · FY 2025
₹155.59 Cr
▲ 3.00% YoY
EBITDA · FY 2025
*****
▼ 3.00% YoY
Net profit · FY 2025
*****
▼ 3.00% YoY
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹11 Cr
Issued & subscribed
Open charges
₹2.25 Cr
Satisfied ₹20.3 Cr
Company age
26 yrs
Est. 2000
Employees · EPFO
114
Latest available

About Muthoot Forex Limited

Data last updated: 06 January 2026

Muthoot Forex Limited is a public limited company based in Ernakulam, Kerala, India. It specialises in forex services, a part of the broader financial services sector. Incorporated on 04 September 2000, the company has been in operation for over 26 years.

Registered with ROC Ernakulam under CIN U67190KL2000PTC014180.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹11 Cr. Formerly known as Muthoot Forex Private Limited and Muthoot Exchange Company Private Limited. It is led by directors including Anna Alexander and George Alexander Muthoot.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 3Rd Floor Kurian Towersopp Saritha Theatre Complex Banerji Road, Ernakulam, Kerala, India – 682018.

As per the financials filed for FY 2025, the company reported a revenue of ₹155.59 Cr, a growth of 3% compared to the previous year.

The company has a workforce of approximately 114 employees as per the latest available data.

The company is associated with 1 brand - Muthoot Forex Limited. As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹20.3 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muthootforex.com.

Company Details of Muthoot Forex Limited
CIN U67190KL2000PLC014180
Registration Number 014180
Incorporation Date 04 September 2000
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Anna Alexander Director George Alexander Muthoot Director Kuttickattu Rajappan Bijimon Director
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Apps
  • Registered Address
    3Rd Floor Kurian Towersopp Saritha Theatre Complex Banerji Road, Ernakulam, Kerala, India – 682018
  • Industry
    Financial Services, Forex Services
Company report
Muthoot Forex Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Muthoot Forex Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Muthoot Forex Limited

Muthoot Forex Limited has undergone 2 name changes throughout its history. The company was previously known as Muthoot Forex Private Limited, and Muthoot Exchange Company Private Limited. The current legal name is Muthoot Forex Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Muthoot Forex Limited Current
Muthoot Forex Private Limited Previous
Muthoot Exchange Company Private Limited Previous

CIN History of Muthoot Forex Limited

Muthoot Forex Limited has one previous CIN (Corporate Identification Number): U67190KL2000PTC014180. The current CIN is U67190KL2000PLC014180, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U67190KL2000PLC014180 Current
U67190KL2000PTC014180 Previous

Associated Brands with Muthoot Forex Limited

Muthoot Forex Limited operates one associated brand: Muthoot Forex Limited. These brands represent Muthoot Forex Limited's diversified market presence and brand portfolio.

Brand Description Website
Muthoot Forex Limited
Money transfer and currency exchange services provided by Muthoot Forex Limited. muthootforex.com

Business Activity of Muthoot Forex Limited

Muthoot Forex Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
K Financial and insurance Service K8 Other financial activities *********

Board of Directors of Muthoot Forex Limited

Muthoot Forex Limited is currently managed by 9 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Anna Alexander
Also directs: Muthoot Homefin (India) Limited, Silverberry Enterprises Llp, Varavade Plantations Private Limited and 5 more
Director 04 Sep 2000 25 Years 10 Months Current
George Alexander Muthoot
Also directs: Thekkemala Holdings And Trading Llp, Tekkemala Realtors Llp, Kumbanad Properties Llp and 5 more
Director 04 Sep 2000 25 Years 10 Months Current
Kuttickattu Rajappan Bijimon
Also directs: Muthoot Homefin (India) Limited, Muthoot Commodities Limited, Muthoot Money Limited and 5 more
Director 30 Sep 2014 11 Years 9 Months Current
Kurian Chirathalattu George
Also directs: Muthoot Vehicle & Asset Finance Limited, Muthoot Securities Limited, Concord Tea And Produce Pvt Ltd and 2 more
Director 30 Sep 2022 3 Years 9 Months Current
George Jacob Muthoot
Also directs: Thekkemala Holdings And Trading Llp, Tekkemala Realtors Llp, Kumbanad Properties Llp and 5 more
Director 31 Mar 2015 11 Years 3 Months Current
Kiran Gopalakrishna Pillai
Also directs: Muthoot Trustee Private Limited
Director 30 Sep 2024 1 Years 9 Months Current
Showing 6 of 9 current directors. View all directors

Financials of Muthoot Forex Limited FY 2025 filings available

Muthoot Forex Limited reported revenue of ₹155.59 Cr (up 3% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹155.59 Cr ▲ 3%
Profit
***** ▼ -3%
EBITDA
***** ▼ -3%
Metrics
*****
*****
*****
*****
*****
Revenue
Revenue from Operations
*****
*****
*****
*****
*****
Revenue Growth %
*****
*****
*****
*****
*****
Other Income
*****
*****
*****
*****
*****
Total Revenue
*****
*****
*****
*****
*****
Expenses
Total Expenses
*****
*****
*****
*****
*****
Raw Material Cost
*****
*****
*****
*****
*****
Change in Inventory FG
*****
*****
*****
*****
*****
Change in Inventory WIP
*****
*****
*****
*****
*****
Purchase of Traded Goods
*****
*****
*****
*****
*****
Employee Cost
*****
*****
*****
*****
*****
Managerial Remuneration
*****
*****
*****
*****
*****
Audit Fees
*****
*****
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Insurance
*****
*****
*****
*****
*****
Power & Fuel
*****
*****
*****
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*****
Interest
*****
*****
*****
*****
*****
Depreciation
*****
*****
*****
*****
*****
Other Expenses
*****
*****
*****
*****
*****
Profitability
EBITDA (Operating Profit)
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
Exceptional Items
*****
*****
*****
*****
*****
Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Exceptional & Extraordinary Items
*****
*****
*****
*****
*****
Profit Before Tax
*****
*****
*****
*****
*****
Tax & Net Profit
Tax Expense
*****
*****
*****
*****
*****
Current Tax
*****
*****
*****
*****
*****
Deferred Tax
*****
*****
*****
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*****
Profit from Discontinued Operations
*****
*****
*****
*****
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Tax on Discontinued Operations
*****
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*****
*****
*****
Profit
*****
*****
*****
*****
*****
Net Margin %
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Shareholders' Funds
Total Shareholders' Funds
*****
*****
*****
*****
*****
Equity Capital
*****
*****
*****
*****
*****
Reserves & Surplus
*****
*****
*****
*****
*****
Money Against Warrants
*****
*****
*****
*****
*****
Other Equity
*****
*****
*****
*****
*****
Non-Current Liabilities
Total Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Borrowings
*****
*****
*****
*****
*****
Deferred Tax Liabilities
*****
*****
*****
*****
*****
Other Non-Current Liabilities
*****
*****
*****
*****
*****
Long-Term Provisions
*****
*****
*****
*****
*****
Current Liabilities
Total Current Liabilities
*****
*****
*****
*****
*****
Short-Term Borrowings
*****
*****
*****
*****
*****
Trade Payables
*****
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*****
*****
*****
Other Current Liabilities
*****
*****
*****
*****
*****
Short-Term Provisions
*****
*****
*****
*****
*****
Total Equity & Liabilities
*****
*****
*****
*****
*****
Non-Current Assets
Non-Current Assets
*****
*****
*****
*****
*****
Tangible Assets
*****
*****
*****
*****
*****
Intangible Assets
*****
*****
*****
*****
*****
Capital WIP
*****
*****
*****
*****
*****
Intangibles Under Dev
*****
*****
*****
*****
*****
Investments
*****
*****
*****
*****
*****
Deferred Tax Assets
*****
*****
*****
*****
*****
LT Loans & Advances
*****
*****
*****
*****
*****
Other Non-Current Assets
*****
*****
*****
*****
*****
Current Assets
Current Assets
*****
*****
*****
*****
*****
Current Investments
*****
*****
*****
*****
*****
Inventories
*****
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*****
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*****
Trade Receivables
*****
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Cash & Bank Balance
*****
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ST Loans & Advances
*****
*****
*****
*****
*****
Other Current Assets
*****
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*****
*****
*****
Total Assets
*****
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*****
*****
*****
Metrics
*****
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*****
*****
*****
Cash from Operating Activities (CFO)
Profit Before Tax
*****
*****
*****
*****
*****
Non-Cash Adjustments
*****
*****
*****
*****
*****
+ Interest Expense
*****
*****
*****
*****
*****
+ Depreciation
*****
*****
*****
*****
*****
+/- Unrealized Forex
*****
*****
*****
*****
*****
- Dividend Income
*****
*****
*****
*****
*****
- Interest Income
*****
*****
*****
*****
*****
+/- Other Non-Cash Items
*****
*****
*****
*****
*****
Changes in Working Capital
*****
*****
*****
*****
*****
+/- Inventory
*****
*****
*****
*****
*****
+/- Debtors
*****
*****
*****
*****
*****
+/- Creditors
*****
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*****
Reconciliation Adjustments
*****
*****
*****
*****
*****
Cash Generated from Operations
*****
*****
*****
*****
*****
Income Taxes Paid
*****
*****
*****
*****
*****
Net CFO (Cash from Operations)
*****
*****
*****
*****
*****
Cash from Investing Activities (CFI)
Acquisitions & Disposals
*****
*****
*****
*****
*****
Disposal of Subsidiaries
*****
*****
*****
*****
*****
Acquisition of Subsidiaries
*****
*****
*****
*****
*****
Capex
*****
*****
*****
*****
*****
Purchase of Fixed Assets
*****
*****
*****
*****
*****
Sale of Fixed Assets
*****
*****
*****
*****
*****
Other Investing Cash Flows
*****
*****
*****
*****
*****
Net CFI (Cash from Investing)
*****
*****
*****
*****
*****
Cash from Financing Activities (CFF)
Equity Issuance
*****
*****
*****
*****
*****
Debt Raised
*****
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*****
Debt Repaid
*****
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Dividends Paid
*****
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Interest Paid
*****
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Net CFF (Cash from Financing)
*****
*****
*****
*****
*****
Net Cash Position
Net Change in Cash (Pre-Forex)
*****
*****
*****
*****
*****
Closing Cash & Equivalents
*****
*****
*****
*****
*****
Metrics
*****
*****
*****
*****
*****
Liquidity
Current Ratio
*****
*****
*****
*****
*****
Quick Ratio
*****
*****
*****
*****
*****
Cash Ratio
*****
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*****
*****
*****
Efficiency
Inventory Days
*****
*****
*****
*****
*****
Debtor Days
*****
*****
*****
*****
*****
Creditor Days
*****
*****
*****
*****
*****
Cash Conversion Cycle
*****
*****
*****
*****
*****
Asset Turnover
*****
*****
*****
*****
*****
Profitability
Net Profit Margin %
*****
*****
*****
*****
*****
Operating Margin %
*****
*****
*****
*****
*****
ROE %
*****
*****
*****
*****
*****
ROCE %
*****
*****
*****
*****
*****
Net Worth Margin %
*****
*****
*****
*****
*****
Growth
Revenue Growth %
*****
*****
*****
*****
*****
Leverage
Equity Multiplier
*****
*****
*****
*****
*****
Debt / EBITDA
*****
*****
*****
*****
*****
Solvency
D/E Ratio
*****
*****
*****
*****
*****
ICR
*****
*****
*****
*****
*****

Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Muthoot Forex Limited

Open charges
₹2.25 Cr
Satisfied charges
₹20.3 Cr
Breakdown by lending institutions
Others₹2.00 Cr
Canara Bank₹0.25 Cr
Latest charge details
DateLenderAmountStatus
14 May 2025 Canara Bank ₹25 Lakh Open
14 May 2025 Canara Bank ₹9,000 Open
17 Dec 2024 Others ₹2 Cr Open
27 Sep 2018 Others ₹9.05 Cr Satisfied
17 May 2014 Indusind Bank Limited ₹10 Cr Satisfied

Total charge records: 6 View all charges

Employees and EPFO Compliance at Muthoot Forex Limited

View historical data on people associated with Muthoot Forex Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Muthoot Forex Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Muthoot Forex Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Muthoot Forex Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Muthoot Forex Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Muthoot Forex Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Muthoot Forex Limited

MSME Payment Delays by Muthoot Forex Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Muthoot Forex Limited

Subsidiaries & Group Companies of Muthoot Forex Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Muthoot Forex Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Muthoot Forex Limited

MCA Filings & Documents of Muthoot Forex Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Muthoot Forex Limited

Activity
30 Sep 2025
Muthoot Forex Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
14 May 2025
A charge with Canara Bank amounted to Rs. 0.25 Cr with Charge ID 101103514 was registered on 14 May 2025.
Charges
14 May 2025
A charge with Canara Bank amounted to Rs. 0.00 Cr with Charge ID 101103520 was registered on 14 May 2025.
Activity
31 Mar 2025
Muthoot Forex Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
17 Dec 2024
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 101074159 was registered on 17 Dec 2024.
Directors
30 Sep 2024
Kiran Gopalakrishna Pillai was appointed as a Director on 30 Sep 2024 & has been associated with this company since 1 year 9 months.

Recent News on Muthoot Forex Limited

Muthoot Group's AUMs jump 19 pc to Rs 36,497 crore
06 Feb 2019 · Asian News International

Frequently Asked Questions about Muthoot Forex Limited

Muthoot Forex Limited is an active public limited company in the financial services sector based in Ernakulam, Kerala, India. It was incorporated on 04 September 2000 (26+ years old) and is registered under CIN U67190KL2000PLC014180. The company has 114 employees.

Muthoot Forex Limited reported revenue of ₹155.59 Cr for FY 2025 (up 3.00% YoY).

The current directors of Muthoot Forex Limited are:

The primary industry of Muthoot Forex Limited is financial services. The company specifically operates in forex services. The company is currently active in this sector.

Muthoot Forex Limited can be reached at the registered office: 3Rd Floor Kurian Towersopp Saritha Theatre Complex Banerji Road, Ernakulam, Kerala, India – 682018, or through the website muthootforex.com.

The authorised capital is ₹20 Cr, and the paid-up capital is ₹11 Cr.

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Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

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