MANAPPURAM · Manappuram Finance Ltd · Consumer Financial Services
MANAPPURAM · Manappuram Finance Ltd · Consumer Financial Services
As of 11:45 am IST (delayed)
52-week range
16.9% below 52-week high
52-week range: as of 06 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹3,034 Cr
Revenue YoY
PAT YoY
+322.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
1.9
P/S (TTM)
3
Sector P/E
24.3
Dividend yield
+0.8%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| MANAPPURAM (this stock) | 19.5 | 1.9 | +14.1% | +9.0% | 3.6 | +0.8% |
| Bajaj Finance | 30.8 | 5.7 | +23.8% | +17.8% | 3.22 | +0.5% |
| Shriram Finance | 18.4 | 3.6 | +22.8% | +17.2% | 3.8 | +1.1% |
| Jio Financial Services | 95.5 | 1.2 | +49.8% | Not available from data source | 11.81 | +0.2% |
Promoter
rising 1q
FII
falling 3q
MF
12.84% (+1.87pp)
rising 3q
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 11 Sept 2026 | V.P. Nandakumar | SELL | 17,18,750 | ₹55 Cr |
| 31 Aug 2026 | Satheeshkumar M | BUY | 2,780 | ₹9.6 lakh |
| 20 Aug 2026 | Satheeshkumar M | BUY | 1,415 | ₹4.93 lakh |
| 18 Aug 2026 | Lekshmy E | SELL | 19,000 | ₹65.73 lakh |
| 04 Feb 2026 | Anusha Madhavan Nair | BUY | 39 | ₹11,445 |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowzerodha.com· 30 Sept 2026, 08:56 amAdditional exposure margin on securities under MWPL
- unknowneconomictimes.indiatimes.com· 07 Sept 2026, 09:35 pmAhead of Market: 10 things that will decide stock market action on Tuesday
- unknownzerodha.com· 26 Aug 2026, 09:01 amAdditional exposure margin on securities under MWPL
- lowthehindubusinessline.com· 12 Aug 2026, 10:10 amManappuram Finance shares erase gains despite Q1 profit rise
- lowbusiness-standard.com· 12 Aug 2026, 09:31 amManappuram Finance up 3% as Q1 PAT jumps 4x; gold loan AUM nearly doubles
- lowthehindubusinessline.com· 12 Aug 2026, 09:18 amQ1 Results 12th Aug Live: HAL, Grasim Ind, Tata Motors, Apollo Hospitals, GMR Airports, Lenskart, GIC, Abbott, AIA Engg, IRCTC, Sun TV, EID Parry, VA Tech, IRCON to announce Q1 results, NBCC (India),
- lowbusiness-standard.com· 11 Aug 2026, 08:43 amQ1 results: Siemens, MRF, Zydus Lifesciences, RVNL, and 344 more on Aug 11
- lowthehindubusinessline.com· 25 Jul 2026, 08:38 pmBandu’s Blockbusters for July 26, 2026
- mediummacroeconomictimes.indiatimes.com· 23 Jul 2026, 09:35 pmAhead of Market: 10 things that will decide stock market action on Friday
Concalls & investor presentations
AI-generatedKey takeaway: The earnings call for Manappuram Finance Limited on August 11, 2026, highlighted a resilient operating environment for the Indian economy, with strong macroeconomic fundamentals. Management reported a consolidated AUM of INR 69,635 crores for Q1 FY27, reflecting a 9% quarter-on-quarter and 57% year-on-year increase. The gold loan business remained a key growth driver, with a gold loan AUM of INR 57,006 crores, up 12% quarter-on-quarter and 98% year-on-year. Profit After Tax for the quarter was INR 585 crores, up 45% quarter-on-quarter and 47% year-on-year. Management emphasized a disciplined approach to risk management and indicated plans to open 500 new branches. The microfinance segment showed improvement, with Asirvad's AUM at INR 7,188 crores and a PAT of INR 21 crores, up significantly year-on-year. Management set a goal of 30% growth in gold loans for FY27 and maintained a focus on asset quality and sustainable profitability across all business segments.
Management emphasized strong financial performance and growth opportunities.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Manappuram Finance Limited for Q1 FY2027 detailed the company's performance and strategic initiatives. Management reported a standalone AUM of ₹60,971 crore and a consolidated AUM of ₹69,635 crore, reflecting year-on-year growth of 70.8% and 57.2%, respectively. The presentation highlighted a profit after tax (PAT) of ₹552 crore for standalone operations, marking a 46.9% increase year-on-year. Key performance metrics included a return on assets (ROAA) of 3.80% and a return on equity (ROE) of 13.6%. Management emphasized a strong branch network of over 5,000 locations and a focus on technology to enhance operations. The presentation also outlined growth strategies in gold loans and other financial products, alongside a commitment to prudent risk management. Additionally, the company reported a significant increase in gold AUM, which reached ₹57,006 crore, up 97.9% year-on-year.
Management emphasized strong growth and operational performance in the presentation.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The document is a formal communication from Manappuram Finance Limited regarding the transcript of their fourth quarter and financial year ended March 31, 2026. The earnings conference call took place on May 4, 2026, and the transcript has been made available on the company's website. The communication is signed by Aparna Menon, the Company Secretary, and requests the recipient to acknowledge the record of this transcript upload.
The document presented factual information without expressing any particular sentiment.
Sourced from an exchange-filed transcript, dated 11 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The document is a formal communication from Manappuram Finance Limited regarding the transcript of their Q3 FY 2025-26 Results Conference Call, which took place on January 29, 2026. It includes details about the filing date and the locations of various stock exchanges where the company's shares are listed. The company secretary, Manoj Kumar V R, signed the document, and it requests the recipient to acknowledge the record of the transcript, which is available on the company's website. The communication is structured and follows regulatory requirements for disclosure.
The document presented factual information regarding the conference call and its transcript.
Sourced from an exchange-filed transcript, dated 03 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedManappuram Finance Limited (MAFIL) reported INR 61,382.23 million in interest income from gold loans for FY2025-26, highlighting its core business strength. The company has not defaulted on loan repayments or been declared a willful defaulter by any financial institution. MAFIL maintains robust internal controls and has implemented comprehensive anti-corruption and anti-bribery policies. The company operates across diversified financial services, including gold loans, microfinance, vehicle finance, and housing finance, with a strong national presence. The financial statements were prepared on a going concern basis, with no material uncertainties noted.
- Interest income from gold loans reached INR 61,382.23 million in FY2025-26.
- No defaults in loan repayments or willful defaulter status reported.
- Robust internal controls and comprehensive anti-corruption policies in place.
- Diversified financial services across gold loans, microfinance, and housing finance.
- Financial statements prepared on a going concern basis with no material uncertainties.
Key takeaway: Manappuram Finance Limited demonstrates strong financial performance with significant interest income from gold loans, no defaults, and robust governance, supporting its continued operations as a going concern.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (3 items); Investigation or enforcement mention (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
3 occurrencesRecent (last 12 months)
The company was fined Rs. 1,55,760 by BSE under Regulation 34 for non-submission of the Annual Report within the prescribed period. The fine was paid on October 29, 2024.
Earlier (1-3 years ago)
On October 17, 2024, the Reserve Bank of India (RBI) imposed supervisory restrictions on Asirvad Micro Finance Limited, a subsidiary of AMFL, under Section 45L(1)(b) of the RBI Act, 1934, based on concerns from an onsite inspection as of March 31, 2024. The RBI directed the subsidiary to stop sanctioning or disbursing new loans effective October 21, 2024, though existing customer servicing and collections were allowed.
The company was fined INR 20,00,000 by RBI on June 12, 2023 for non-compliance with directions on classifying gold loan accounts as NPAs and maintaining LTV ratios in FY 2020-21. No appeal was preferred.
Investigation or enforcement mention
1 occurrenceEarlier (1-3 years ago)
The company's subsidiary, Manappuram Comptech and Consultants Ltd (MACOM), had instances of embezzlement of funds amounting to approximately ₹19.78 crore through unauthorized access. An independent investigation confirmed the loss of ₹19.78 crore, and a recovery plan was approved by MACOM's board to recover the amount over four years.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has contingent liabilities related to income tax, GST, VAT demands, and other litigations where appeals have been filed before various authorities.
Earlier (1-3 years ago)
The company has pending tax appeals for Income Tax, GST, and VAT, and is involved in a legal challenge regarding the applicability of the Kerala Money Lenders’ Act to NBFCs. Additionally, there are unresolved labor cases with unascertainable liabilities.
The company has a contingent liability related to the applicability of the Kerala Money Lenders’ Act to NBFCs, with the matter pending before the Hon’ble Supreme Court. No adjustments have been made in the financial statements for the required license fee and security deposits.
Related-Party Transaction
2 occurrencesRecent (last 12 months)
The company has several related parties including subsidiaries and entities owned or significantly influenced by key management personnel or their relatives, such as Manappuram Home Finance Limited and Manappuram Jewellers Limited.
Earlier (1-3 years ago)
The company has related party transactions with Manappuram Home Finance Limited and Asirvad Microfinance Limited, which are its subsidiary companies.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
The company has not deposited Goods and Services Tax, Income-tax, Value added tax, Cess and other statutory dues to the appropriate authorities due to disputes, with specific amounts and pending disputes listed for various tax periods and forums.
Earlier (1-3 years ago)
The company has not deposited statutory dues including Goods and Services Tax, income-tax, value added tax, and cess amounting to millions of rupees, with disputes pending before various tribunals and commissions.
The company has outstanding income tax dues for Assessment Years 2015-16, 2018-19, 2020-21, and multiple Kerala Value Added Tax years, with disputes pending before various tax authorities.
Management & Board Governance
1 occurrenceRecent (last 12 months)
Mr. Manoj Kumar V.R. resigned as Company Secretary and Compliance Officer (KMP) with effect from March 31, 2026.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
4.03% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).