5nance5nance
5nance5nance
HomeScreens
LOGINGET FREE ACCOUNT

Manappuram Finance Ltd.

•
manappuram.comBSE: 531213NSE: MANAPPURAM
Market Cap₹ 30,904 Cr.
Current Price
High / Low₹ 382 / 245
Stock P/E21.3
Book Value₹ 171
Price to Book1.52
Dividend Yield0.61 %
ROCE8.3 %
ROE7.1 %
Face Value₹ 2

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Gold & Other Loans: 86.9% • Microfinance: 13.1%

AI Sector View

AI GENERATED

Financial Services

Buy

Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.

Confidence
84%
View full sector analysis →

PROS

  • Comfortable capital adequacy - CAR of 21.3%
  • Promoters have been increasing their shareholding - up 6.4pp over 2 years
  • Solid return on assets for a lender - ROA of 2.7%
  • Asset quality is healthy - gross NPA of just 1.8%
  • Company has consistently been profitable over the last 5 years
  • Latest quarter profit grew 341.4% YoY, showing strong momentum

CONS

  • Net NPA is elevated at 1.5% - provisioning cushion is thin
  • Company has a low return on capital employed of 11.2%
  • Free cash flow has been persistently negative
  • Company has delivered a poor profit growth of -10.5% over past five years
  • Operating margins have contracted to 56.2% from 66.2%
  • Equity base is being diluted - shares outstanding up 11.0%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Financial ServicesFinanceFinance - NBFC
Part ofNIFTY ALPHA 50NIFTY TOTAL MKTNIFTY SMLCAP 50NIFTY 500NIFTY SMLCAP 250
S.No.Name
1.BAJFINANCE1034.2031.71643888.190.586080.6027.6023165.4520.3710.8770.70
2.SHRIRAMFIN1028.0021.37241893.031.053452.7759.9013400.4317.4611.4974.63
3.CHOLAFIN1845.0027.40157575.180.111656.2245.568856.2921.899.7070.07
4.TATACAP362.8028.50154003.850.1616281.801464.1688219.301051.008.6675.72
5.JIOFIN230.0073.49151872.260.26830.25155.732004.47227.282.1169.71
6.BAJAJHLDNG11120.7013.97123766.171.752708.08-92.27394.3323.3414.81684.72
7.MUTHOOTFIN2794.409.86112186.351.072824.8443.088671.6036.2515.8783.76
8.ABCAPITAL398.6026.59109118.680.0012238.501332.54121795.401181.698.8241.91
9.LTF309.5024.3777571.610.899159.901206.9952129.201123.818.5462.13
10.SBICARD656.0527.4462432.550.38664.4419.515040.557.6011.7529.83
11.HDBFS668.6525.5355549.100.60785.2038.314937.9018.719.0957.98
12.MANAPPURAM329.0021.3230904.160.61584.77341.443034.1635.418.3570.14
Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
2,0042,1572,2932,3412,4642,6282,5552,2912,2412,2562,2732,5663,034
6711,4277297738468921,1911,6371,2331,0281,0348772,259
Operating Profit1,3591,4811,5761,5761,6421,7411,3697241,0291,2551,3201,7372,128
OPM %67.78%68.68%68.74%67.29%66.62%66.23%53.58%31.59%45.92%55.63%58.05%67.69%70.14%
Other Income2717211424432326126
Interest6486897497798489069258958558769451,1091,274
Depreciation56626265646770667579777578
681747786746753773376-236102302303564782
Tax %26.85%24.92%26.85%24.41%26.07%25.96%25.95%13.87%-30.49%28.04%21.23%28.20%25.20%
Net Profit056100557572278-203132217239405585
6177773-223351

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
3,3853,4214,1805,4656,3316,0616,7008,84810,0119,50910,129
1,0111,3441,3651,5481,6692,1342,3172,8484,5574,1625,198
Operating Profit2,3742,0772,8143,9174,6613,9274,3826,0005,4545,3474,932
OPM %70.13%60.72%67.33%71.68%73.63%64.80%65.41%67.81%54.48%56.23%48.69%
2458638644655072201526
Interest1,1691,0301,3451,8322,2192,0112,1882,8663,5413,7864,204
Depreciation636875164171198204246267307310
Profit before Tax1,1661,0371,4572,0072,3161,7842,0412,9601,6661,2701,950
Tax %34.93%34.81%34.88%26.25%25.52%25.50%26.50%25.75%27.72%21.81%25.89%
Net Profit7586769491,4801,7251,3291,5002,1971,2049931,445
EPS8.988.0111.2417.4920.4015.7017.7225.8614.3710.68—
Dividend Payout %22.28%24.93%19.10%15.83%6.14%19.11%16.97%12.76%27.84%18.72%—

COMPOUNDED SALES GROWTH

10 Years:
15%
5 Years:
8%
3 Years:
12%

COMPOUNDED PROFIT GROWTH

10 Years:
11%
5 Years:
-10%
3 Years:
-12%

STOCK PRICE CAGR

10 Years:
14%
5 Years:
15%
3 Years:
33%
1 Year:
15%

RETURN ON EQUITY

10 Years:
19%
5 Years:
14%
3 Years:
13%
Last Year:
7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Corporate actions

2026

Aug 17

₹ 0.50

Rs.1.0000 per share(50%)Interim Dividend

2026

May 11

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2026

Feb 6

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2025

Nov 7

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2025

Aug 14

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2025

May 15

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2025

Feb 21

₹ 0.50

Rs.1.0000 per share(50%)Interim Dividend

2024

Nov 18

₹ 0.50

Rs.1.0000 per share(50%)Interim Dividend

2024

Aug 26

₹ 0.50

Rs.1.0000 per share(50%)Interim Dividend

2024

Jun 5

₹ 0.50

Rs.1.0000 per share(50%)Interim Dividend

2024

Feb 16

₹ 0.45

Rs.0.9000 per share(45%)Interim Dividend

2023

Nov 24

₹ 0.42

Rs.0.8500 per share(42.5%)Interim Dividend

2023

Aug 23

₹ 0.40

Rs.0.8000 per share(40%)Interim Dividend

2023

May 24

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2023

Feb 15

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2022

Nov 22

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2022

May 27

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2022

Feb 24

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2021

Nov 24

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2021

Aug 20

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2021

Jun 4

₹ 0.37

Rs.0.7500 per share(37.5%)Interim Dividend

2021

Feb 10

₹ 0.32

Rs.0.6500 per share(32.5%)Interim Dividend

2020

Nov 18

₹ 0.30

Rs.0.6000 per share(30%)Interim Dividend

2019

Feb 15

Rs.0.5500 per share(27.5%)Interim Dividend

2018

Aug 23

Rs.0.5500 per share(27.5%)Interim Dividend

2018

May 29

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2018

Feb 20

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2017

Nov 16

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2017

Aug 22

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2017

Jun 5

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2017

Feb 16

₹ 0.25

09/03/2017 Equity Rs.0.5000 per share(25%)Interim Dividend

2016

Nov 22

₹ 0.25

Rs.0.5000 per share(25%)Interim Dividend

2016

Aug 22

₹ 0.25

08/09/2016 Equity Rs.0.5000 per share(25%)Interim Dividend

2016

Mar 22

Rs.0.4500 per share(22.5%)Interim Dividend

2016

Feb 23

Rs.0.4500 per share(22.5%)Interim Dividend

2015

Nov 24

Rs.0.4500 per share(22.5%)Interim Dividend

2015

Sep 4

12/09/2015 Equity Rs.0.4500 per share(22.5%)Interim Dividend

2015

Aug 14

Rs.0.4500 per share(22.5%)Interim Dividend

2015

Nov 16

Rs.0.4500 per share(22.5%)Interim Dividend

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital168169169169169169169169169188
Minority Interest2429465847162029176
3,1933,6214,3475,5187,1258,1859,46211,37912,26315,315
11,01112,64015,34222,62822,88024,17528,55133,96236,16857,764
Trade Payables73118133109124142106122112191
6053433329528089461,0478855,4461,610
Total Liabilities15,07516,92020,36929,43431,15233,63439,35646,54654,17575,074
2223103678039261,0521,0941,0701,1341,057
Capital Work in Progress101381116331127
55174903384215347267902,051
0000000000
Cash & Bank5557241,1643,6672,9122,6973,0353,0123,6766,046
14,29215,88118,66324,87026,96829,45334,67741,70548,56465,892
Total Assets15,07516,92020,36929,43431,15233,63439,35646,54654,17575,074

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
-854356-1,122-3,158-1690-2,634-3,450-467-20,238
Cash from Investing-25-148-37126-186-193-616-601-125-1,632
Cash from Financing1,2112932,3886,049594383,8494,0921,13223,834
-841123562,455-747-177130415411,965

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026

Shareholding Pattern

Numbers in percentages

Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
35.2435.2535.2535.2535.2535.2535.2531.7741.66
33.0030.3627.0128.4329.7130.1628.7823.2322.30
9.3410.977.877.998.619.1711.1512.9614.84
Government0.000.000.000.000.000.000.000.000.00
22.4223.4229.8728.3326.4125.4224.8332.0321.20

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-01
Resignation of Director/KMP/SMP

2026-09-01 - Manappuram Finance Limited has informed the Exchange about Resignation of Director/KMP/SMP

2026-09-01
Resignation

2026-09-01 - Manappuram Finance Limited has informed the Exchange regarding Resignation of Mr Kamal P Parmar as Other of the company w.e.f. September 01, 2026.

2026-08-17
General Updates

2026-08-17 - Manappuram Finance Limited has informed the Exchange about General Updates

2026-08-17
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-17 - Manappuram Finance Limited has informed the Exchange about Transcript

2026-08-13
Shareholders meeting

2026-08-13 - Manappuram Finance Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on August 12, 2026. Further, the company has informed the Exchange regarding voting results.

2026-08-13
Monitoring Agency Report

2026-08-13 - Please find attached the monitoring agency report for the quarter ended June 30, 2026

2026-08-12
Shareholders meeting

2026-08-12 - Manappuram Finance Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 12, 2026

2026-08-12
Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-12 - Manappuram Finance Limited has informed the Exchange about Schedule of meet

2026-08-12
Copy of Newspaper Publication

2026-08-12 - Manappuram Finance Limited has informed the Exchange about Copy of Newspaper Publication

News

Recent coverage and analyst commentary for MANAPPURAM

Loading news…

🤖

AI Stock Analyst

Manappuram Finance Ltd.

🔒

Sign in to Chat with AI

Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.

✨ Sign In to Chat

Free 5nance Account

5nance5nance

Stock analysis and screening tool

5nanceAI © 2020-2026

Made with ❤️ in India.

Data provided by Accord Fintech

Terms & Privacy.

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nance5nance

Product

PremiumWhat's new?Learn

Team

About usSupport

Theme

5nanceAI © 2020-2026

Data provided by Accord Fintech

Made with ❤️ in India.

HomeScreens
Login