MANAPPURAM FINANCE LTD

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.