Manba Finance Ltd.

•

₹ 130.90.29%

2026-08-21

manbafinance.comBSE: 544262NSE: MANBA

Market Cap₹ 655 Cr.

Current Price₹ 131

High / Low₹ 154 / 98

Stock P/E45.7

Book Value—

Price to Book—

Dividend Yield0.19 %

ROCE14.3 %

ROE16.3 %

Face Value₹ 10

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ABOUT

KEY POINTS

PROS

Promoters have been increasing their shareholding - up 44.3pp over 2 years
Comfortable capital adequacy - CAR of 30.1%
Solid return on assets for a lender - ROA of 3.1%

CONS

Net NPA is elevated at 2.5% - provisioning cushion is thin
Free cash flow has been persistently negative
Thin net interest margin of 0.0%
Though reporting repeated profits, the company pays out little dividend (0.0%)

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

Peer comparison

EDIT COLUMNS

Financial ServicesFinanceFinance - NBFC

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name	CMP Rs.	P/E	Mar Cap Rs.Cr.	Div Yld %	NP Qtr Rs.Cr.	Qtr Profit Var %	Sales Qtr Rs.Cr.	Qtr Sales Var %	ROCE %	OPM %
1.	BAJFINANCE	1078.60	33.07	671531.43	0.56	6080.60	27.60	23165.45	20.37	10.87	70.70
2.	SHRIRAMFIN	1104.90	22.97	259981.15	0.98	3452.77	59.90	13400.43	17.46	11.49	74.63
3.	JIOFIN	242.70	77.55	160258.25	0.25	830.25	155.73	2004.47	227.28	2.11	69.71
4.	CHOLAFIN	1866.25	27.72	159390.07	0.11	1656.22	45.56	8856.29	21.89	9.70	70.07
5.	TATACAP	365.15	28.68	155001.39	0.16	16281.80	1464.16	88219.30	1051.00	8.66	75.72
6.	BAJAJHLDNG	11322.85	14.23	126015.97	1.72	2708.08	-92.27	394.33	23.34	14.81	684.72
7.	MUTHOOTFIN	2859.20	10.09	114787.87	1.05	2824.84	43.08	8671.60	36.25	15.87	83.76
8.	ABCAPITAL	396.75	26.46	108592.29	0.00	1223.85	43.85	12179.54	137.84	8.82	41.91
9.	LTF	315.00	24.80	78940.44	0.87	915.99	30.70	5212.92	22.38	8.54	62.13
10.	SBICARD	626.30	0.00	59601.37	0.40	664.44	19.51	5040.55	7.60	11.75	29.83
11.	HDBFS	681.15	26.00	56579.31	0.59	785.20	38.31	4937.90	18.71	9.09	57.98
12.	MANBA	130.30	45.67	654.62	0.19	132.63	1260.17	926.08	1282.13	13.18	65.69

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

No quarterly results found

We don't have this information yet. Please check back later.

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019
	47	59	87
	20	25	33
Operating Profit	27	34	57
OPM %	58	58	66
Other Income	0	0	3
Interest	17	21	35
Depreciation	1	1	2
	10	12	21
Tax %	34	32	32
Net Profit	6	8	14
EPS	0	0	0
Dividend Payout %	0	0	0
Minority Interest	0	0	0
Share of Associates	0	0	0
Adjusted EPS	3	3	4
Minority Interest	0	0	0
Share of Associates	0	0	0
Adjusted EPS	3	3	4

Mar 2017

: 47
: 20
Operating Profit: 27
OPM %: 58
Other Income: 0
Interest: 17
Depreciation: 1
: 10
Tax %: 34
Net Profit: 6
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2018

: 59
: 25
Operating Profit: 34
OPM %: 58
Other Income: 0
Interest: 21
Depreciation: 1
: 12
Tax %: 32
Net Profit: 8
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 3

Mar 2019

: 87
: 33
Operating Profit: 57
OPM %: 66
Other Income: 3
Interest: 35
Depreciation: 2
: 21
Tax %: 32
Net Profit: 14
EPS: 0
Dividend Payout %: 0
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4
Minority Interest: 0
Share of Associates: 0
Adjusted EPS: 4

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: -7%

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: 15%
Last Year:: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019
LIABILITIES	-	-	-
Equity Capital	6	8	9
	44	72	94
Trade Payables	5	9	10
	171	245	393
Total Liabilities	225	334	506
ASSETS	-	-	-
	12	22	15
Cash & Bank	9	7	18
	204	304	473
Total Assets	225	334	506
Total Debt	157	230	372
Net Working Capital	195	287	461
Contingent Liabilities	0	0	0
Book Value per Share	75.59	91.91	108.89
Face Value	10.00	10.00	10.00
Total Debt	157	230	372
Net Working Capital	195	287	461
Contingent Liabilities	0	0	0
Book Value per Share	75.59	91.91	108.89
Face Value	10.00	10.00	10.00

Mar 2017

Equity Capital: 6
: 44
Trade Payables: 5
: 171
Total Liabilities: 225
: 12
Cash & Bank: 9
: 204
Total Assets: 225
Total Debt: 157
Net Working Capital: 195
Contingent Liabilities: 0
Book Value per Share: 75.59
Face Value: 10.00
Total Debt: 157
Net Working Capital: 195
Contingent Liabilities: 0
Book Value per Share: 75.59
Face Value: 10.00

Mar 2018

Equity Capital: 8
: 72
Trade Payables: 9
: 245
Total Liabilities: 334
: 22
Cash & Bank: 7
: 304
Total Assets: 334
Total Debt: 230
Net Working Capital: 287
Contingent Liabilities: 0
Book Value per Share: 91.91
Face Value: 10.00
Total Debt: 230
Net Working Capital: 287
Contingent Liabilities: 0
Book Value per Share: 91.91
Face Value: 10.00

Mar 2019

Equity Capital: 9
: 94
Trade Payables: 10
: 393
Total Liabilities: 506
: 15
Cash & Bank: 18
: 473
Total Assets: 506
Total Debt: 372
Net Working Capital: 461
Contingent Liabilities: 0
Book Value per Share: 108.89
Face Value: 10.00
Total Debt: 372
Net Working Capital: 461
Contingent Liabilities: 0
Book Value per Share: 108.89
Face Value: 10.00

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019
	-7	-65	-114
Cash from Investing	-2	-11	3
Cash from Financing	13	74	123
	4	-2	11
Free Cash Flow	-7	-76	-114
OCF / Net Profit	-1.09	-7.86	-7.98
Cumulative 5-Year FCF	0	0	0
OCF / Net Profit	-1.09	-7.86	-7.98
Cumulative 5-Year FCF	0	0	0

Mar 2017

: -7
Cash from Investing: -2
Cash from Financing: 13
: 4
Free Cash Flow: -7
OCF / Net Profit: -1.09
Cumulative 5-Year FCF: 0
OCF / Net Profit: -1.09
Cumulative 5-Year FCF: 0

Mar 2018

: -65
Cash from Investing: -11
Cash from Financing: 74
: -2
Free Cash Flow: -76
OCF / Net Profit: -7.86
Cumulative 5-Year FCF: 0
OCF / Net Profit: -7.86
Cumulative 5-Year FCF: 0

Mar 2019

: -114
Cash from Investing: 3
Cash from Financing: 123
: 11
Free Cash Flow: -114
OCF / Net Profit: -7.98
Cumulative 5-Year FCF: 0
OCF / Net Profit: -7.98
Cumulative 5-Year FCF: 0

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019
PER SHARE	-	-	-
EPS (₹)	11.07	10.31	15.19
Book Value (₹)	75.59	91.91	108.89
Dividend per Share (₹)	0.00	0.00	0.00
Cash EPS (₹)	3.43	3.28	4.85
PROFITABILITY	-	-	-
Operating Margin %	57.77%	58.24%	65.61%
Net Margin %	13.47%	14.01%	16.39%
ROE %	14.64%	14.12%	16.27%
ROCE %	13.26%	13.18%	14.28%
	2.81%	2.94%	3.41%
EFFICIENCY	-	-	-
Debtor Days	0	0	0
Inventory Days	0	0	0
Payable Days	0	0	0
	0	0	0
FINANCIAL HEALTH	-	-	-
Debt to Equity (x)	3.63x	3.13x	3.62x
Interest Coverage (x)	1.57x	1.57x	1.61x
	11.47x	13.03x	16.44x
GROWTH	-	-	-
Revenue Growth %	0.00%	25.07%	48.96%
Operating Profit Growth %	0.00%	26.08%	67.81%
Net Profit Growth %	0.00%	30.05%	74.22%
	0.00%	0.00%	0.00%
VALUATION	-	-	-
P/E (x)	0.00x	0.00x	0.00x
P/B (x)	0.00x	0.00x	0.00x
Dividend Yield %	0.00%	0.00%	0.00%
	0.00x	0.00x	0.00x

Mar 2017

EPS (₹): 11.07
Book Value (₹): 75.59
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.43
Operating Margin %: 57.77%
Net Margin %: 13.47%
ROE %: 14.64%
ROCE %: 13.26%
: 2.81%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 3.63x
Interest Coverage (x): 1.57x
: 11.47x
Revenue Growth %: 0.00%
Operating Profit Growth %: 0.00%
Net Profit Growth %: 0.00%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2018

EPS (₹): 10.31
Book Value (₹): 91.91
Dividend per Share (₹): 0.00
Cash EPS (₹): 3.28
Operating Margin %: 58.24%
Net Margin %: 14.01%
ROE %: 14.12%
ROCE %: 13.18%
: 2.94%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 3.13x
Interest Coverage (x): 1.57x
: 13.03x
Revenue Growth %: 25.07%
Operating Profit Growth %: 26.08%
Net Profit Growth %: 30.05%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Mar 2019

EPS (₹): 15.19
Book Value (₹): 108.89
Dividend per Share (₹): 0.00
Cash EPS (₹): 4.85
Operating Margin %: 65.61%
Net Margin %: 16.39%
ROE %: 16.27%
ROCE %: 14.28%
: 3.41%
Debtor Days: 0
Inventory Days: 0
Payable Days: 0
: 0
Debt to Equity (x): 3.62x
Interest Coverage (x): 1.61x
: 16.44x
Revenue Growth %: 48.96%
Operating Profit Growth %: 67.81%
Net Profit Growth %: 74.22%
: 0.00%
P/E (x): 0.00x
P/B (x): 0.00x
Dividend Yield %: 0.00%
: 0.00x

Shareholding Pattern

Numbers in percentages

TRADES

	Mar 2022	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	30.70	74.98	74.98	74.98	74.98	74.98	74.98	74.98	74.98
	0.00	5.16	2.35	0.92	0.87	0.88	0.92	0.87	0.92
	0.00	2.06	0.42	0.00	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	69.30	17.80	22.25	24.10	24.15	24.14	24.10	24.15	24.10

Mar 2022

: 30.70
: 0.00
: 0.00
Government: 0.00
: 69.30

Sep 2024

: 74.98
: 5.16
: 2.06
Government: 0.00
: 17.80

Dec 2024

: 74.98
: 2.35
: 0.42
Government: 0.00
: 22.25

Mar 2025

: 74.98
: 0.92
: 0.00
Government: 0.00
: 24.10

Jun 2025

: 74.98
: 0.87
: 0.00
Government: 0.00
: 24.15

Sep 2025

: 74.98
: 0.88
: 0.00
Government: 0.00
: 24.14

Dec 2025

: 74.98
: 0.92
: 0.00
Government: 0.00
: 24.10

Mar 2026

: 74.98
: 0.87
: 0.00
Government: 0.00
: 24.15

Jun 2026

: 74.98
: 0.92
: 0.00
Government: 0.00
: 24.10

Documents

Announcements

Analysts/Institutional Investor Meet/Con. Call Updates
2026-07-30 - Manba Finance Limited has informed the Exchange about Transcript
Analysts/Institutional Investor Meet/Con. Call Updates
2026-07-28 - Manba Finance Limited has informed the Exchange about Link of Recording

Annual Reports

Annual Report FY2025
2025

Credit Ratings

Nothing filed yet.

Concalls

Jul 2026
Transcript PPTREC
May 2026
Transcript PPTREC
Feb 2026
Transcript PPTREC