Manba Finance Limited

Manba Finance Limited

138.95
INR
-4.75
(-3.31%)
9.72EPS
14.24P/E
6.95BMarket Cap
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
19.25
18.71
24.87
33.53
47.33
62.39
66.46
Basic EPS, GAAP
1.86
1.94
3.3
6.21
7.52
9.03
9.72
Free Cash Flow per Basic Share
-1.67
9.27
-24.82
-28.54
-64.28
-75.47
- -
Dividend per Share
- -
- -
- -
- -
0.5
1
- -
Book Value per Share
28.25
30.2
33.53
39.93
73.43
81.56
- -
Tangible Book Value per Share
28.05
30.1
33.37
39.77
73.2
81.27
- -
Basic Weighted Avg Shares
50
50
50
50
50
50
50
Sales/Revenue/Turnover
967
940
1,250
1,684
2,378
3,135
3,341
Operating Margin (%)
23.71
26.48
27.22
24.63
30.83
29.39
27.97
Depreciation Expense
19
20
20
19
46
47
48
Net Income, GAAP
94
97
166
312
378
454
489
Effective Tax Rate (%)
27.17
23.08
27.24
19.34
24.55
26.25
25.3
Profit Margin (%)
9.69
10.36
13.27
18.52
15.9
14.47
14.63
Working Capital
716
860
1,281
9,174
7,658
9,769
- -
LT Debt
1,525
1,258
2,307
7,627
4,532
6,773
- -
Total Equity
1,419
1,517
1,684
2,006
3,689
4,098
- -
Return on Invested Capital (%)
- -
2.08
2.83
2.79
3.52
3
- -
Return on Capital (%)
- -
1.8
2.64
3.69
3.2
2.69
- -
Return on Common Equity (%)
- -
6.63
10.36
16.9
13.28
11.65
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
8,783
- -
LT Borrowings
- -
6,707
- -
LT Finance Leases
- -
67
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
50
50
50
Market Capitalization
7,061
5,044
6,953

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
18,675
- -
Cash, Cash Equivalents & STI
- -
2,680
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
8,906
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
8,783
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
26.4%
11.08%
Free Cash Flow
- -
-173%
17.42%
Net Income, GAAP
- -
40.71%
19.98%
Sales/Revenue/Turnover
- -
27.6%
31.82%
Total Cash Common Dividend
- -
- -
100%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
456
614
644
661
2,378
2026
630
723
843
924
3,135
2027
851
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1.03
2.32
2.58
1.6
7.52
2026
1.94
2.27
2.6
2.21
9.03
2027
2.64
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
0.5
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

CEO
Manish Kiritkumar Shah
Full Time Employees
1,802
Sector
Finance
Industry
Finance/Rental/Leasing
Address
Plot No. A-79, Road No. 16 Thane MA India 400604
IPO Date
Sep 30, 2024
Business
Manba Finance Ltd (MANBA.NS), an RBI-registered non-systematically important non-deposit taking non-banking financial company headquartered in Mumbai, Maharashtra, India, specializes in providing retail vehicle financing and other loan products primarily to individual customers in semi-urban and rural markets across India. Incorporated on May 31, 1996, the company offers a diverse portfolio of loans including new two-wheeler loans, electric vehicle two-wheeler loans, second-hand bike loans, new three-wheeler loans, electric vehicle three-wheeler loans, pre-owned car loans, small business loans, and personal loans; it operates through an integrated technology-driven lending platform akin to retail banks, supporting operations in six states—Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh—with 75 locations, over 1,100 dealers, and a workforce exceeding 1,300 employees. Recent developments include strategic alliances formed in March 2025 with BGauss Auto to expand electric vehicle financing through dealer networks, Fin Coopers Capital for enhanced funding access and competitive vehicle loan rates, and ProsParity to broaden presence in Madhya Pradesh; additionally, in September 2025, the board approved the issuance of up to INR 200 crore in debt securities via private placement to bolster capital for growth, alongside a successful IPO listing in September 2024 that saw shares rise 27% on debut.