Manappuram Finance

    MANAPPURAM
    NBFC
    ₹286.10
    Price as of 25 Oct 2026, 10:28 pm IST

    Market cap ₹26,874 Cr

    P/E
    18.58
    Day range
    ₹284.50 – ₹299.50
    52-week range
    ₹245.15 – ₹381.55
    Volume
    47.67 L
    Open
    ₹299.50
    Prev close
    ₹301.90

    Latest results · Q1 FY27(consolidated)Revenue ₹3,034 Cr+34.1%Profit ₹585 Cr+341.4%Margin 19.3%YoY vs the same quarter last year

    1 red flag to read up on

    • medium

      Promoter pledge went up

      0.44% of promoter shares pledged, up from 0.00% · 30 Sept 2026

    From NSE and BSE filings. A flag is a reason to read the filing, not a rating.

    MANAPPURAM in NSE indices and F&O

    F&O margin for one lot of MANAPPURAM (3,000 shares)

    Research profile

    Composite 43 / 100

    Factor percentiles

    Value52
    Quality14
    Momentum49
    Low volatility57

    Derived metrics

    Earn. yield
    5.4%
    Graham no.
    ₹243.93
    vs Graham
    -14.7%
    ROE ÷ P/B
    4.2%
    12-1 mom.
    +12.5%
    Return / vol
    0.02
    FCF yield
    -76.1%

    Appears in 10 scans

    Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.

    Peer comparison

    All 68 in NBFC
    Largest NBFC companies tracked, with sector medians
    CompanyM-capP/EP/BROEROCEOPMD/ESales YoY
    Bajaj FinanceBAJFINANCE₹5.78 L Cr26.674.7618.4%10.9%—4.08+22.8%
    National Stock Exchange of IndiaNSE₹4.13 L Cr39.37—33.0%41.0%78.0%0.01—
    Bajaj FinservBAJAJFINSV₹2.65 L Cr26.273.4526.2%11.0%41.0%5.52+19.1%
    Shriram FinanceSHRIRAMFIN₹2.04 L Cr14.421.8216.4%11.5%—2.12+15.8%
    Jio Financial ServicesJIOFIN₹1.35 L Cr77.961.051.2%2.0%63.0%0.32+73.2%
    BSE LtdBSE₹1.31 L Cr47.0019.9144.8%60.0%67.0%0.00+63.5%
    ICICI Prudential Asset Management CompanyICICIAMC₹1.31 L Cr37.6725.1985.8%115.0%73.0%0.00+16.3%
    Manappuram FinanceMANAPPURAM₹26,874 Cr18.581.677.0%8.3%—3.60+34.1%
    Sector median₹26,914 Cr20.192.7115.3%11.4%54.0%1.74+20.3%

    Sector as classified in the tracked universe; medians use every tracked NBFC company, and P/E only profitable ones. Tinted figures beat the median.

    Latest news

    Updated 24d ago

    Headlines about Manappuram Finance from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.

    Key metrics

    P/E (TTM)
    18.5
    EPS (TTM)
    ₹16.51
    Price / Book
    1.67
    ROE (FY26)
    7.0%
    Dividend yield
    0.70%

    Moving averages (NSE)

    20-day
    ₹314.46
    Price below
    50-day
    ₹328.68
    Price below
    200-day
    ₹311.09
    Price below

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    +12.4%
    Profit 3Y CAGR
    -12.8%
    Revenue YoY (Jun 2026)
    +34.1%
    Profit YoY (Jun 2026)
    +343.2%
    Net margin
    19.3%

    Revenue, profit & margin - quarterly

    ₹ crore; a loss shows red. Operating margin below, same periods.

    -1K Cr0 Cr1K Cr2K Cr3K Cr4K Cr
    • Revenue
    • Net profit

    Operating margin

    Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Jun 2026

    Who owns the company

    % of equity by quarter, latest Sept 2026

    Dec '24Mar '25Jun '25Sept '25Dec '25Mar '26Jun '26Sept '260%25%50%75%100%
    • Promoter
    • FII
    • Public
    • DII

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40K Cr-20K Cr0 Cr20K Cr40K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY260%10%20%30%15% screen

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); the ratio below, same years.

    0 Cr20K Cr40K Cr60K Cr
    • Equity
    • Debt

    Debt to equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 20260x2.5x5x

    Dividends per share

    ₹ by fiscal year of the ex-date; the latest year runs to date.

    FY23FY24FY25FY26₹0₹0.5₹1₹1.5

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Revenue2,1612,3052,3482,4882,6332,5602,3612,2622,2732,3542,6143,034
    Interest6897497798489069258958558769451,1091,274
    Expenses6757297738468921,1911,6371,2331,0181,034877906
    Financing Profit796827796793835444-172174380375627854
    Financing Margin %37%36%34%32%32%17%-7%8%17%16%24%28%
    Other Income13211424432325126
    Depreciation626265646770667579777578
    Profit before tax747786746753773376-236102302303564782
    Tax %25%27%24%26%26%26%-14%-30%28%21%28%25%
    Net Profit561575564557572278-203132217239405585
    EPS in Rs₹6.60₹6.77₹6.63₹6.55₹6.74₹3.33₹-2.26₹1.63₹2.60₹2.85₹4.30₹6.22

    From company filings, updated 24 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.

    Strengths, risks & growth

    Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC(NBFC-ND).(Source : 202003 Annual Report Page No:120)

    Strengths

    • Company has been maintaining a healthy dividend payout of 19.8%

    Risks

    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 8.48% over past five years.
    • Company has a low return on equity of 11.9% over last 3 years.

    Compounded Sales Growth

    10 Years
    +15%
    5 Years
    +8%
    3 Years
    +12%
    TTM
    +5%

    Compounded Profit Growth

    10 Years
    +11%
    5 Years
    -10%
    3 Years
    -13%
    TTM
    +81%

    Stock Price CAGR

    10 Years
    +11%
    5 Years
    +7%
    3 Years
    +30%
    1 Year
    +2%

    Return on Equity

    10 Years
    +17%
    5 Years
    +13%
    3 Years
    +12%
    Last Year
    +7%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderDec 2025Mar 2026Jun 2026Sept 2026Change
    Promoter35.25%31.77%41.66%41.66%0.00 pp
    FII28.78%23.23%22.30%21.04%-1.26 pp
    DII11.15%12.96%14.85%17.56%+2.71 pp
    Public24.84%32.03%21.20%19.76%-1.44 pp

    Filed with NSE for Sept 2026: promoters 41.66%, public 58.34% · XBRL filing

    Analysts & fund holdings

    43%
    43% recommend buy
    14 analysts cover the stock
    Valuation vs Consumer Finance
    P/E18.6 vs 16.4
    Sector P/B2.12
    Beta1.64

    Who holds the shares, quarter by quarter

    Mutual funds 15.76% (+2.92 pp)
    Sept 25
    Dec 25
    Mar 26
    Apr 26
    Jun 26
    Sept 26
    • Promoters41.7%
    • Foreign institutions21.0%
    • Mutual funds15.8%
    • Insurance0.6%
    • Other domestic institutions1.2%
    • Retail11.0%
    • Others8.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    Quant Small Cap Fund2.81%2.40%+0.17 pp
    ICICI Pru Multi Cap Fund1.10%1.80%+0.27 pp
    SBI ELSS Tax Saver Fund0.91%0.92%+0.41 pp
    SBI Banking & Financial Services Fund0.85%2.48%+1.26 pp
    SBI Arbitrage Fund0.69%0.45%-0.02 pp

    Scorecard

    Performance
    Avg
    Valuation
    High
    Growth
    Low
    Profitability
    Avg
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Risk & trend

    From 275 daily sessions to 23 Oct 2026.

    Computed

    Risk

    Volatility (1Y)
    33.7%
    Downside volatility
    33.7%
    Worst 5% of days
    3.4%
    Average of that tail
    5.0%
    Max drawdown (1Y)
    23.1%
    Below its peak
    23.1%

    Against the market

    Beta vs Nifty 50
    1.25
    Correlation
    0.49
    Relative strength (3M)
    -13.5%
    ATR (14)
    3.8%

    Return

    Return 1M
    -10.4%
    Return 3M
    -18.8%
    Return 6M
    -3.0%
    Return 1Y
    +0.8%
    vs 200-day average
    -8.0%

    Momentum

    RSI (14) · oversold
    29.6
    MACD histogram
    -1.71
    Stochastic %K
    3.5
    ADX (14)
    25.1
    +DI / −DI
    13.7 / 36.0
    Money flow index
    48.6

    Participation

    Delivery (20d avg)
    40.4%
    vs its 60-day baseline
    -2.1 pts
    Volume vs 20-day
    +0.2σ
    Close vs day's VWAP
    -0.7%
    52-week position
    29 / 100

    These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.

    Financial quality

    From consolidated statements to 31 Mar 2026.

    Computed

    No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.

    Free cash flow
    -₹20,438 Cr
    FCF yield
    -76.1%
    Cash conversion
    -20.38
    Accruals ratio
    0.285
    Net debt
    ₹51,759 Cr
    Net debt / equity
    3.22
    EV / sales
    7.65
    Capex intensity
    2.1%

    Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.

    Insider trades

    Last 12 months, market trades
    Net selling ₹51.2 L
    2 buys · ₹14.5 L
    1 sells · ₹65.7 L
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    V.P. Nandakumar
    Promoter and Director · Pledge Creation
    		Pledge17,18,750₹55.0 Cr12 Sept 2026
    Satheeshkumar M
    Designated Person · Market Purchase
    		Buy1,415₹4.9 L2 Sept 2026
    Satheeshkumar M
    Designated Person · Market Purchase
    		Buy2,780₹9.6 L2 Sept 2026
    Lekshmy E
    Employees Immediate Relative · Market Sale
    		Sell19,000₹65.7 L19 Aug 2026

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Corporate actions

    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      17 Aug 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.50 Per Share

      11 May 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.50 Per Share

      6 Feb 2026
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.50 Per Share

      7 Nov 2025
      ex-date
    • dividend
      ₹0.50

      Interim Dividend - Rs 0.50 Per Share

      14 Aug 2025
      ex-date
    • dividend
      ₹0.50

      Interim Dividend - Rs 0.50 Per Share

      15 May 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      21 Feb 2025
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      18 Nov 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      26 Aug 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 1 Per Share

      5 Jun 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.90 Per Share

      16 Feb 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.85 Per Share

      24 Nov 2023
      ex-date
    • dividend
      ₹0.80

      Interim Dividend - Rs 0.80 Per Share

      23 Aug 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.75 Per Share

      24 May 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.75 Per Share

      15 Feb 2023
      ex-date
    • dividend
      Not available — not reported in this filing

      Interim Dividend - Re 0.75 Per Share

      22 Nov 2022
      ex-date
    • dividend
      ₹0.75

      Interim Dividend - Rs 0.75 Per Share

      17 Aug 2022
      ex-date
    • dividend
      ₹0.75

      Interim Dividend - Rs 0.75 Per Share

      27 May 2022
      ex-date
    • dividend
      ₹0.75

      Int Dividend - Rs 0.75 Per Share

      24 Feb 2022
      ex-date
    • dividend
      ₹0.75

      Interim Dividend - Rs 0.75 Per Share

      24 Nov 2021
      ex-date

    Company announcements

    Insider Trading / SAST
    Closure of Trading Window

    Please find attached

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Please find the attached

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Newspaper Advertisement of Notice of Transfer of shares of MAFIL, in respect of which dividend has not been claimed for seven consecutive years or more to the IEPF.

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Please find the attached

    Company Update
    Announcement under Regulation 30 (LODR)-Allotment

    Please find attached

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Please find attached the transcript of Q1 FY 2026-27 results conference call held on August 11, 2026.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Please find attached the Scrutinizers report of Annual General Meeting held on August 12, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Monitoring Agency Report

    Please find attached the monitoring agency report for the quarter ended June 30, 2026.

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Pleas find attached the proceedings of 34th Annual General Meeting of Manappuram Finance Limited.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find the attached

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find attached the newspaper publication of the Company's financial result for the quarter ended June 30, 2026, for your records.

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Investors call recording

    Company Update
    Statement Of Deviation And Variation

    Please find the attached

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Directorate

    Please find the attached

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Please find the attached

    Filed with BSE (scrip 531213); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    Regulatory orders

    • Adjudication order

      Adjudication Order with respect to the Pankaj Agarwal in the matter of Manappuram Finance Ltd.

      28 Feb 2022
      Read on SEBI
    • Settlement order

      Settlement order in respect of Mr. B N Raveendra in the matter of Manappuram Finance Limited

      8 Jul 2020
      Read on SEBI
    • Settlement order

      Settlement order in respect of Mr. I Unnikrishnan in the matter of Manappuram Finance Limited

      8 Jul 2020
      Read on SEBI
    • Settlement order

      Settlement order in respect of Mr. Sachin Agarwal in the matter of Manappuram Finance Limited

      8 Jul 2020
      Read on SEBI
    • Settlement order

      Settlement order in respect of Mr. V P Nandakumar in the matter of Manappuram Finance Limited

      8 Jul 2020
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 11 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.

    FAQ

    Manappuram Finance: common questions

    Answered from the figures on this page.

    Manappuram Finance last traded at ₹286.10 (NSE, as of 25 Oct 2026). The last session moved it down 5.23%.

    Manappuram Finance is valued at about ₹26,874 crore (NSE, as of 25 Oct 2026).

    Manappuram Finance trades at a price-to-earnings ratio of 18.58 (NSE, as of 25 Oct 2026). The P/E compares the share price with earnings per share, so it is only comparable between companies in the same industry.

    Manappuram Finance has traded between ₹245.15 and ₹381.55 over the past 52 weeks, to 25 Oct 2026. It is currently 30% of the way up that range.

    Manappuram Finance (MANAPPURAM) is classified under NBFC on this site's screener.