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Manappuram Finance Limited

Manappuram Finance Limited

MANAPPURAM.BO
Manappuram Finance LimitedIN flagBombay Stock Exchange
342.10
INR
-4.30
- -
322.06BMarket Cap
Manappuram Finance Limited
MANAPPURAM.BO
(Bombay Stock Exchange)

Recent

price

342.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
-2.28
19.18
13.25
13.04
13.54
17.16
26.92
28.91
33.95
43.68
48.69
47.71
52.68
70.16
74.94
66.12
72.89
Revenue per Share
1.9
7.06
2.48
2.69
3.23
4.2
8.98
8.04
11.16
17.39
20.39
15.7
17.67
25.86
14.22
11.72
9.46
Basic EPS, GAAP
-31.66
-26.38
14.25
34.45
-10.86
-13.34
-15.74
-0.39
-19.72
-42.88
-7.32
-5
-36.66
-40.76
-6.05
-236.41
- -
Free Cash Flow per Basic Share
0.11
1.1
1.47
1.35
1.35
2.26
1.5
2.41
2.59
3.39
1.31
3
3.09
3.48
3.96
1.98
- -
Dividend per Share
0.56
5.33
5.3
4.94
5.39
5.76
10.84
15.18
20.67
32.23
47.09
56.02
67.17
84.7
89.87
2.19
- -
Book Value per Share
12.87
28.35
28.95
29.49
31.04
32.58
39.76
45.18
53.86
68.1
86.21
98.31
113.41
135.94
144.53
186.55
- -
Tangible Book Value per Share
1,486
837
841
841
841
841
842
842
843
844
846
846
846
846
855
856
845
Basic Weighted Avg Shares
-3,392
16,058
11,142
10,972
11,394
14,436
22,653
24,344
28,608
36,871
41,180
40,381
44,584
59,382
64,091
56,602
61,604
Sales/Revenue/Turnover
293.17
220.02
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
213
483
617
639
540
558
632
683
752
1,642
1,709
1,980
2,039
2,464
2,674
3,094
2,778
Depreciation Expense
2,827
5,915
2,084
2,260
2,713
3,534
7,558
6,772
9,405
14,678
17,243
13,284
14,960
21,887
12,162
10,033
7,999
Net Income, GAAP
33.32
32.57
32
34.12
34.37
35.24
34.93
34.81
34.88
26.25
25.52
25.5
26.5
25.75
27.72
21.81
23.12
Effective Tax Rate (%)
-83.34
36.83
18.71
20.6
23.81
24.48
33.37
27.82
32.87
39.81
41.87
32.9
33.55
36.86
18.98
17.73
12.98
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
4,939
92,957
98,425
77,956
86,354
96,418
110,035
126,095
152,992
230,250
233,291
248,202
291,693
343,220
360,789
578,366
- -
LT Debt
19,240
23,810
24,429
24,918
26,482
27,792
33,845
38,453
45,925
58,044
73,546
83,845
96,652
115,770
124,489
160,572
- -
Total Equity
-13.62
18.19
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
7.73
5.28
1.53
2.44
3.13
3.65
6.82
5.23
6.01
6.79
6.48
4.67
4.63
5.71
2.88
1.99
6.22
Return on Capital (%)
481.48
223.35
46.75
52.51
62.47
75.38
108.23
61.83
62.29
65.79
51.44
30.45
28.7
34.05
16.37
25.48
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
846
- -
Market Capitalization
159,738
194,305
232,802

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
35,744
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
19.35%
17.12%
28.99%
Free Cash Flow
920.2%
867.37%
3,808.86%
Net Income, GAAP
18.99%
-5.2%
-17.5%
Sales/Revenue/Turnover
16.04%
7.58%
-11.68%
Total Cash Common Dividend
11.42%
21.95%
-50%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13,987
14,741
15,626
15,238
59,382
2025
16,460
17,143
16,147
14,434
64,091
2026
13,881
13,956
14,967
- -
56,602

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.88
6.62
6.79
- -
25.86
2025
6.58
6.75
3.29
-2.4
14.22
2026
1.57
2.82
4.77
- -
11.72

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
3.48
2025
- -
- -
- -
- -
3.96
2026
- -
- -
- -
- -
1.98
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Business
Manappuram Finance Limited operates as a leading non-banking financial company (NBFC) in India, primarily providing gold loans and diversified retail financial services including online gold loans, vehicle loans, two-wheeler finance, business loans, housing loans, home improvement loans, balance transfer and top-up loans, loans to salaried employees, property loans, corporate loans, forex and money transfer services, microfinance, and MSME lending. The company serves over 5 million active customers through more than 5,000 branches across 28 states and 8 union territories, with a focus on rural and semi-urban markets underserved by traditional banks. Founded in 1949 as a modest pawn-broking business in Valapad, Thrissur, Kerala, by V.C. Padmanabhan and incorporated as Manappuram Finance Ltd. in 1992 under V.P. Nandakumar, the company maintains its headquarters in Valapad, Thrissur District, Kerala. Subsidiaries such as Asirvad Microfinance, acquired in 2015, contribute significantly to its non-gold portfolio, which accounts for 42.7% of total assets under management as of March 31, 2025. In a major strategic development, Bain Capital acquires joint control through affiliates BC Asia Investments XXV Ltd. and BC Asia Investments XIV Ltd. by investing Rs 4,385 crore for an 18% stake as of March 2025, providing growth capital, strengthening the balance sheet, and supporting expansion in core segments like gold loans alongside professional management enhancements; V.P. Nandakumar transitions to non-executive chairman role while promoters retain 28.9% stake post-transaction. This partnership, approved by the Competition Commission of India, accelerates diversification into high-potential areas such as vehicle finance and microfinance amid rising gold loan demand. Consolidated assets under management stand at Rs 457 billion, reflecting 3.4% year-over-year growth.