MANAPPURAM · NSE
Manappuram Finance Limited
₹319.15
+0.98% (+₹3.1)
Prev. close
₹316.05
Volume
38,22,669
Delivery %
46.8%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Recommends buying Manappuram Finance with a target price of ₹357 and a stop loss at ₹326. The stock has negated its lowe…” | Chandan TapariaMotilal Oswal Financial Services Ltd | Manappuram Finance | PENDING |
Fundamentals
About Manappuram Finance Limited
Manappuram Finance Limited, a gold loan non-banking financial company, provides fund-based and fee-based financial services in India. It operates through Gold Loan and Others, and Microfinance segments. The company offers loans, such as gold loans, gold loans at your doorstep, online gold loans, business loans, home improvement loans, housing loans, property loans, income-generating loans, and personal loans; balance transfers and top-ups; and co-lending arrangements. It also finances commercial and passenger vehicles, construction and farm equipment, and two-wheelers, as well as micro, small, and medium enterprises. In addition, the company offers foreign exchange money transfer and digital wallet services, as well as other services, such as depository services and demat account services. It serves salaried professionals, self-employed individuals, retail customers, and gold jewelry holders; small and medium-sized enterprises, large corporate entities, and institutional clients across the education and health sectors; and micro and small entrepreneurs engaged in trading and manufacturing activities. The company was formerly known as Manappuram General Finance and Leasing Limited and changed its name to Manappuram Finance Limited in 2011. Manappuram Finance Limited was founded in 1949 and is headquartered in Thrissur, India.
Details
Sector
Financial Services
Industry
Credit Services
CEO
Mr. Deepak Kumar Gupta Reddy
Headquarters
Thrissur
Employees
23,984
Website
manappuram.comExchange
View on NSE ↗Key stats
Market cap
₹29,687.72 Cr
P/E ratio (TTM)
19.3
Dividend yield
1.25%
EPS (TTM)
₹16.38
Beta (1Y · daily vs NIFTY 50)
1.26
Beta (5Y · monthly vs NIFTY 50)
1.70
Shares float
54.69 Cr
EPS · quarter ended Jun 2026
₹6.10
Upcoming earnings
29 Oct 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide. EBITDA is omitted from this chart: coverage begins inside the plotted window, and every plotted period must carry a complete point set — the P&L table below has the available figures.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: Yahoo (no NSE corporate-actions ledger for this listing).
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹6,330.55 Cr | ₹6,061.02 Cr | ₹4,458.41 Cr | ₹5,938.22 Cr | ₹6,309.52 Cr | ₹5,513.82 Cr | |
| EBITDA | ₹4,705.93 Cr | ₹3,992.87 Cr | ₹4,432.59 Cr | ₹6,071.67 Cr | — | — |
| ₹1,724.25 Cr | ₹1,328.00 Cr | ₹1,495.98 Cr | ₹2,188.67 Cr | ₹1,216.15 Cr | ₹1,003.32 Cr | |
| Diluted EPS | — | — | ₹17.67 | ₹25.86 | ₹14.37 | ₹11.83 |
Total expenses (as filed), Employee benefit expense, Other expenses, EBITDA, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹31,338.00 Cr | ₹33,808.00 Cr | ₹39,504.00 Cr | ₹46,748.00 Cr | ₹49,205.00 Cr | ₹74,559.00 Cr | |
| Total debt | — | — | ₹29,169.28 Cr | ₹34,322.00 Cr | ₹36,078.98 Cr | ₹57,839.23 Cr |
| Stockholders' equity | ₹7,307.00 Cr | ₹8,368.00 Cr | ₹9,645.00 Cr | ₹11,548.00 Cr | ₹12,432.00 Cr | ₹16,051.00 Cr |
Inventory, Cash & equivalents, CWIP, Total debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated. Receivables (trade + unbilled), Trade receivables, Unbilled receivables (contract assets) have no filed figures within the years shown — no further verified source is available, so every year here is left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹-619.00 Cr | ₹-423.00 Cr | ₹-3,103.00 Cr | ₹-3,450.00 Cr | ₹-467.00 Cr | ₹-20,238.00 Cr | |
| Investing cash flow | ₹-186.48 Cr | ₹-192.62 Cr | ₹-616.16 Cr | ₹-600.65 Cr | ₹-124.80 Cr | ₹-1,631.53 Cr |
| ₹58.51 Cr | ₹438.26 Cr | ₹3,849.11 Cr | ₹4,091.64 Cr | ₹1,132.34 Cr | ₹23,834.45 Cr | |
| Capital expenditure | ₹-299.50 Cr | ₹-15.19 Cr | ₹-172.64 Cr | ₹-136.33 Cr | — | — |
| End cash position | ₹2,548.21 Cr | ₹2,370.77 Cr | ₹2,500.48 Cr | ₹2,541.72 Cr | ₹3,082.69 Cr | ₹5,047.86 Cr |
Debt issued, Debt repaid, Capital expenditure have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21–Mar 22(2Q) | Jun 22 | Sep 22 | Dec 22–Mar 24(6Q) | Jun 24 | Sep 24–Dec 25(6Q) | Mar 26–Mar 26(2Q) | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|
| Promoter | 35.05% | 35.06% | 35.15% | 35.18% | 35.20% | 35.24% | 35.25% | 31.77% | 41.66% |
| Public | 64.95% | 64.94% | 64.85% | 64.82% | 64.80% | 64.76% | 64.75% | 68.23% | 58.34% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Financial Services
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| HDFC Bank Limited | ₹11.27 L Cr | ₹731 | 16.2 | 1.38 | 8.6% | 0.81 | +4.7% | -25.2% |
| ICICI Bank Limited | ₹9.75 L Cr | ₹1,347.6 | 17.6 | 2.69 | 14.9% | 0.57 | +9.1% | -5.0% |
| State Bank of India | ₹9.16 L Cr | ₹996.2 | 10.6 | 1.54 | 14.0% | 1.22 | +9.2% | +16.6% |
| Bajaj Finance Limited | ₹6.31 L Cr | ₹1,040.3 | 31.1 | 5.54 | 16.7% | 3.10 | +19.7% | +4.4% |
| Life Insurance Corporation Of India | ₹5.06 L Cr | ₹407.7 | 8.4 | 2.87 | 32.5% | — | +8.7% | -54.2% |
| Kotak Mahindra Bank Limited | ₹4.08 L Cr | ₹415 | 20.5 | 2.25 | 10.6% | 0.53 | -0.3% | -79.5% |
| Axis Bank Limited | ₹3.86 L Cr | ₹1,240 | 14.0 | 1.80 | 12.3% | 1.30 | +4.0% | +10.1% |
| Bajaj Finserv Limited | ₹2.98 L Cr | ₹1,852.5 | 29.4 | 3.82 | 12.6% | 4.64 | +13.6% | -10.5% |
| Shriram Finance Limited | ₹2.34 L Cr | ₹1,010 | 17.6 | 3.55 | 15.2% | 2.76 | +13.9% | +61.1% |
| SBI Life Insurance Company Limited | ₹1.77 L Cr | ₹1,731 | 68.0 | 9.29 | 12.9% | — | -4.3% | -5.0% |
| ICICI Prudential Asset Management Company Limited | ₹1.53 L Cr | ₹3,098 | 43.8 | 36.57 | 79.1% | — | +23.1% | — |
| Manappuram Finance Limited | ₹30,049.36 Cr | ₹316.05 | 19.6 | 1.87 | 6.3% | 3.60 | -12.6% | +7.9% |
Ranked by market cap within Financial Services, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 28
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
27 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Manappuram Finance shares fall 3% after two senior management resignations
Manappuram Finance shares fell 3% after two senior management executives, Digbijay Bandyopadhyay and Ajay Bhalchandra Shelke, resigned. Both business heads, overseeing commercial vehicle and two-wheeler finance, cited personal reasons for their departures. Their resignations are effective September 15 and 16, respectively.
Gold Duty Hike Triggers Rally In Gold Loan Stocks: Manappuram Finance & Muthoot Finance Shares Surge 8%
Manappuram Finance shares surged up to 8% after the Indian government increased import duties on gold and silver to 15%. This hike boosts domestic gold prices, increasing the value of collateral held by gold loan companies. Higher gold prices lead to a rise in assets under management for these lenders.