India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #134 George Alexander Muthoot & family ₹25,700 Cr
- #134 George Jacob Muthoot & family ₹25,700 Cr
Revenue · FY 2025
₹166.03 Cr
▲ 9% YoY
Net profit · FY 2025
₹36.35 Cr
Net margin 21.9%
EBITDA · FY 2025
₹49.07 Cr
EBITDA margin 29.6%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹75 Lakh
Issued & subscribed
Company age
24 yrs
Est. 2002
Employees · EPFO
130
Provident fund records
Directors on board
6
As per MCA filings
About Muthoot Insurance Brokers Private Limited
Data last updated:
Muthoot Insurance Brokers Private Limited is a private limited company based in Ernakulam, Kerala, India, a subsidiary of Muthoot Finance Limited. It operates in the insurance brokerage and advisory segment of the financial services sector. It was incorporated on 23 January 2002 and has been in existence for over 24 years.
Its director George Alexander Muthoot and family are #134 among India's richest people (2026). Its director George Jacob Muthoot and family are #134 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U67200KL2002PTC015200. Its GSTIN is 32AABCE1076A1ZG (Kerala). The company holds 13 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It was formerly known as Emgee Muthoot Insurance Consultancy Services Private Limited and Muthoot Insurance Consultancy Services Private Limited. It is led by directors including George Alexander Muthoot and Alexander George.
Its last annual general meeting (AGM) was held on 29 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Muthoot Chambers Banerji Road, Ernakulam, Kerala, India – 682018.
As per the financials filed for FY 2025, the company reported a revenue of ₹166.03 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹36.35 Cr (net margin 21.9%) and EBITDA of ₹49.07 Cr (EBITDA margin 29.6%). Revenue has grown at a compounded annual rate (CAGR) of 55% over three years and 48% over five years.
The company has about 130 employees on its provident fund (EPFO) records.
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in June 2016.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website muthootgroup.com.
Company details
CIN U67200KL2002PTC015200
Registration Number 015200
Incorporation Date 23 January 2002
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Muthoot Finance Limited
Compliance Status Active Compliant
Name history
Muthoot Insurance Brokers has undergone 3 name changes throughout its history. The company was previously known as Emgee Muthoot Insurance Consultancy Services Private Limited, Muthoot Insurance Consultancy Services Private Limited, and Muthoot Wealth Management Services Private Limited. The current legal name is Muthoot Insurance Brokers Private Limited.
| Company Name | Status |
|---|---|
| Muthoot Insurance Brokers Private Limited | Current |
| Emgee Muthoot Insurance Consultancy Services Private Limited | Previous |
| Muthoot Insurance Consultancy Services Private Limited | Previous |
| Muthoot Wealth Management Services Private Limited | Previous |
Key People
George Alexander Muthoot Director Alexander George Director George Jacob Muthoot Director Recognitions & Rankings of Muthoot Insurance Brokers
Contact details
Muthoot Insurance Brokers Private Limited's registered office is in Ernakulam, Kerala. Its website is muthootgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address3rd Floor Muthoot Chambers Banerji Road, Ernakulam, Kerala, India – 682018
- IndustryFinancial Services, Insurance Brokerage & Advisory
To see the full contact details of Muthoot Insurance Brokers Private Limited, buy the company report.
Comprehensive company report
Muthoot Insurance Brokers Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Muthoot Insurance Brokers is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Muthoot Insurance Brokers Private Limited, buy the company report.
Financials of Muthoot Insurance Brokers Private Limited
FY 2024 filings availableMuthoot Insurance Brokers Private Limited reported revenue of ₹166.03 Cr (up 9% YoY) for FY 2025.
Revenue · FY 2025
₹166.03 Cr ▲ 9%
Net profit · FY 2025
₹36.35 Cr margin 21.9%
EBITDA · FY 2025
₹49.07 Cr margin 29.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 55%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 10%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 48% over five years, including 9% growth in the latest year. EBITDA fell 15% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹49.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.35 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.6% | ||||
| Net Profit Margin | 21.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Muthoot Insurance Brokers Private Limited, buy the company report.
Board of directors of Muthoot Insurance Brokers Private Limited
Muthoot Insurance Brokers has 6 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Auditor
Muthoot Insurance Brokers Private Limited is audited by Rangamani & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rangamani & Co | FY 2022 | 003050S |
Shareholding
The shareholding of Muthoot Insurance Brokers Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Muthoot Insurance Brokers Private Limited, buy the company report.
Deals & funding
Muthoot Insurance Brokers Private Limited has 2 deals on record (2 secondary share transfers); the latest was in June 2016.
Total deals
2
Secondary share transfers
2
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Muthoot Finance Limited Seller: 4 individuals |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Muthoot Insurance Brokers Private Limited has 5 court cases on record: 3 filed by Muthoot Insurance Brokers, 2 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 1 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1511CB-Criminal Law : Criminal matters other than covered by the aforesaid categories(Matters filed for cancellation of bail/ challenging grant of regular bail or anticipatory bail)) | Filed by the company against The State of Kerala and 3 others | Disposed |
| District court, Kottayam, Kerala | Civil suit | Filed against the company | Pending |
| High Court of Kerala | Bail application | Filed against the company | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against State Police Chief and 1 other | Disposed |
| High Court | Writ petition | Filed by the company against State of Kerala | Disposed |
To see the full case history of Muthoot Insurance Brokers Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Muthoot Insurance Brokers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Muthoot Insurance Brokers Private Limited has a workforce of 130 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
Employee count
130
Active EPFO establishments
1
Employee growth
1.56%
GST
Muthoot Insurance Brokers has 13 GST registrations: 13 active. The first 4 active GSTINs are listed below.
Total GSTINs
13
Active
13
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCE1076A1ZG | Kerala | Active | 01 Jul 2017 |
| 21AABCE1076A1ZJ | Odisha | Active | 01 Jul 2017 |
| 37AABCE1076A1Z6 | Andhra Pradesh | Active | 06 Jul 2017 |
| 29AABCE1076A1Z3 | Karnataka | Active | 07 Jul 2017 |
To see the full GST registrations and return filing status of Muthoot Insurance Brokers Private Limited, buy the company report.
Recent activity
Muthoot Insurance Brokers Private Limited has 10 board changes on record since 2002: 6 appointments and 4 cessations. The latest: Thomas Painummoottil Rajan ceased to be Ceo(Kmp) on 17 Oct 2022.
AGM
Muthoot Insurance Brokers Private Limited last Annual general meeting of members was held on 29 Sep 2024 as per latest MCA records.
Filing
Muthoot Insurance Brokers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Ceased
Thomas Painummoottil Rajan ceased to be Ceo(Kmp).
Ceased
Alexander George ceased to be Additional Director.
Ceased
George Alexander ceased to be Additional Director.
Ceased
Sunil Koshy Zachariah ceased to be Additional Director.
Appointed
Alexander George was appointed as Director.
Appointed
George Alexander was appointed as Director.
Appointed
Sunil Koshy Zachariah was appointed as Director.
Appointed
George Muthoot George was appointed as Director.
Appointed
George Jacob Muthoot was appointed as Director.
Appointed
George Alexander Muthoot was appointed as Director.
1 earlier event is in the company report.
News
Frequently asked questions
Muthoot Insurance Brokers is an active private limited company based in Ernakulam, Kerala, India. The company works in insurance brokerage and advisory, within the financial services industry. It was incorporated on 23 January 2002 (24+ years old) and is registered under CIN U67200KL2002PTC015200.
Muthoot Insurance Brokers has 6 current directors:
- George Alexander Muthoot - Director
- Alexander George - Director
- George Jacob Muthoot - Director
- George Muthoot George - Director
- Sunil Koshy Zachariah - Director
- George Alexander - Director
The latest financial statements of Muthoot Insurance Brokers on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Muthoot Insurance Brokers is 32AABCE1076A1ZG, registered in Kerala. The company has 13 GST registrations in all, of which 13 are active. Other active GSTINs include 21AABCE1076A1ZJ (Odisha), 37AABCE1076A1Z6 (Andhra Pradesh), 29AABCE1076A1Z3 (Karnataka).
The CIN (Corporate Identification Number) of Muthoot Insurance Brokers is U67200KL2002PTC015200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Muthoot Insurance Brokers has 5 court cases on record: 3 filed by the company and 2 filed against it. 1 is pending. Most are in the high courts.
Muthoot Insurance Brokers was incorporated on 23 January 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
Muthoot Insurance Brokers has 2 deals on record (2 secondary share transfers); the latest was in June 2016.
Thomas Painummoottil Rajan ceased to be Ceo(Kmp) on 17 Oct 2022. Alexander George ceased to be Additional Director on 28 Sep 2016. George Alexander ceased to be Additional Director on 28 Sep 2016. Muthoot Insurance Brokers has 10 board changes on record in total.
Muthoot Insurance Brokers can be reached through the website muthootgroup.com. Its registered office is in Ernakulam, Kerala, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages