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Manappuram Finance Limited

Manappuram Finance Limited

NSE: MANAPPURAM
Credit ServicesFinancial ServicesLARGE CAPMCap ₹30.43k Cr
₹323.95₹0.55 (+0.17%)

Market Closed • NSE

Market cap₹30.43k Cr
Enterprise value₹81.56k Cr
P/E TTM19.94
Forward P/E10.58
P/B1.90
EPS TTM₹16.25
Forward EPS₹30.61
ROCE8.25%
D/E3.60
Dividend yield0.01%
Face value₹2.00
52W high₹381.55
52W low₹245.15
Price chart(1Y)
1Y Return:+6.14% (+₹18.75)
H: ₹381.55L: ₹297.2
1W+1.23%
1M+2.50%
3M-7.90%
6M+10.62%
1Y+14.15%
Today at a glance

Day range

₹318.35₹327.60

52 week range

₹245.15₹381.55
Volume2.53M0.59x 20D avg
Free float50.00%-40.90% volume

Manappuram Finance Limited closed at INR323.95 (+0.17%) on volume 0.59x its 20-day average, trading 15.1% below its 52-week high.

Technical analysis
RSI (14)51.5Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹9.30Moderate
SMA 20₹317.70BULLISH
SMA 50₹332.99BEARISH
SMA 100₹331.90BEARISH
SMA 200₹311.40BULLISH
CPR bottom₹325.77
Pivot₹324.98
CPR top₹324.19
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +44.4% QoQ

2026-08-17

DIVIDEND Announced

Interim Dividend - Re 1 Per Share

2026-05-11

DIVIDEND Announced

Interim Dividend - Re 0.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL2/4 criteria
Non-Compliant (Business Activity)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹57.84k Cr₹30.43k Cr190.07%≤ 33%FAIL
Non-halal income ratio₹9.25k Cr₹5.66k Cr163.43%≤ 5%FAIL
Illiquid assets ratio₹68.41k Cr₹74.56k Cr91.75%≥ 20%PASS
Receivables ratio–₹74.56k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E19.9416.50
Forward P/E10.58—
P/B1.901.60
EV/EBITDA—18.00
PEG—0.50
Earnings yield5.006.10
Growth & profitability
RevenuePAT
FY24PAT margin 36.90%
FY25PAT margin 19.00%
FY26PAT margin 17.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y—
Revenue CAGR 5Y-1.00%
PAT CAGR 3Y-5.90%
PAT CAGR 5Y-14.40%
Operating margin52.39%
Net margin30.52%
Financial health & cash flow
Net debt₹51.69k CrModerate
Interest coverage0.00xEBIT / interest
CFO / PAT-12.74x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹-2023774.0 Lakh
Capital expenditure–
Free cash flow₹-2043806.0 Lakh
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall48/100
Valuation60/100
Profitability65/100
Financial health20/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Attractive Valuation: P/E of 19.9x trades below sector historical averages

Risks

Elevated Leverage Burden: Debt-to-Equity stands at 3.60x

Bull case

Market Leadership: Established operational scale in Credit Services.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
36.19%Institutional holding
32.03%Public holding
5Periods available
0.00%Promoter pledged
5.54LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Aug 2026Dividend₹1.00 / share—17 Aug 2026
11 May 2026Dividend₹0.50 / share—11 May 2026
06 Feb 2026Dividend₹0.50 / share—06 Feb 2026
07 Nov 2025Dividend₹0.50 / share—07 Nov 2025
14 Aug 2025Dividend₹0.50 / share—14 Aug 2025
15 May 2025Dividend₹0.50 / share—15 May 2025
21 Feb 2025Dividend₹1.00 / share—21 Feb 2025
18 Nov 2024Dividend₹1.00 / share—18 Nov 2024
26 Aug 2024Dividend₹1.00 / share—26 Aug 2024
05 Jun 2024Dividend₹1.00 / share—05 Jun 2024
19 Feb 2024Dividend₹0.90 / share—16 Feb 2024
24 Nov 2023Dividend₹0.85 / share—24 Nov 2023
23 Aug 2023Dividend₹0.80 / share—23 Aug 2023
24 May 2023Dividend₹0.75 / share—24 May 2023
15 Feb 2023Dividend₹0.75 / share—15 Feb 2023
23 Nov 2022Dividend₹0.75 / share—22 Nov 2022
18 Aug 2022Dividend₹0.75 / share—17 Aug 2022
30 May 2022Dividend₹0.75 / share—27 May 2022
25 Feb 2022Dividend₹0.75 / share—24 Feb 2022
25 Nov 2021Dividend₹0.75 / share—24 Nov 2021
23 Aug 2021Dividend₹0.75 / share—20 Aug 2021
07 Jun 2021Dividend₹0.75 / share—04 Jun 2021
11 Feb 2021Dividend₹0.65 / share—10 Feb 2021
19 Nov 2020Dividend₹0.60 / share—18 Nov 2020
13 Mar 2020Dividend₹0.55 / share—12 Mar 2020
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)42.28%-14.64% latest vs average
Highest delivery55.14%on 23 Sept
Average volume (20D)4.28MTrading-session average
Conviction trendWeakening-14.64% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
HDFC Bank Limited
HDFC Bank LimitedHDFCBANK
Open analysis
₹11.24L15.931.79%₹46,355.55₹19,059.72-45.69%+17.23%
ICICI Bank Limited
ICICI Bank LimitedICICIBANK
Open analysis
₹10.03L18.060.86%₹32,960.41₹16,276.00-35.98%+12.59%
State Bank of India
State Bank of IndiaSBIN
Open analysis
₹8.89L10.321.81%₹62,915.13₹25,121.00-29.09%+13.56%
Bajaj Finance Limited
Bajaj Finance LimitedBAJFINANCE
Open analysis
₹6.11L29.360.56%₹13,929.00₹6,081.00+17.62%+27.62%
Life Insurance Corporation of India
Life Insurance Corporation of IndiaLICI
Open analysis
₹5.03L8.372.54%₹2.40L₹13,584.00+6.76%+24.00%
Kotak Mahindra Bank Limited
Kotak Mahindra Bank LimitedKOTAKBANK
Open analysis
₹4.45L21.930.15%₹11,266.63₹5,480.00-41.22%+22.54%
Axis Bank Limited
Axis Bank LimitedAXISBANK
Open analysis
₹4.02L14.510.08%₹21,381.52₹7,114.00-3.52%+22.53%
Bajaj Finserv Ltd.
Bajaj Finserv Ltd.BAJAJFINSV
Open analysis
₹2.77L27.450.08%₹42,036.90—+39.05%—
About Manappuram Finance Limited
Manappuram Finance Limited

Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC(NBFC-ND).(Source : 202003 Annual Report Page No:120)

IndiaFinancial Services

Questions investors ask
Is Manappuram Finance Limited Shariah compliant?

Manappuram Finance Limited is currently screened as Non-Compliant (Business Activity) under AAOIFI Shariah Standard No. 21. Business activity in non-permissible sector: /\bfinancial services\b/i Debt to Market Cap (190.07%) exceeds AAOIFI threshold (≤ 33%). Non-permissible interest income (163.43%) exceeds 5% threshold.

What is Manappuram Finance Limited's current valuation relative to peers?

Manappuram Finance Limited trades at a P/E of 19.9x compared to the sector median of 16.5x, and a Price-to-Book of 1.9x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 3.60x. Interest coverage is 0x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -1% while net profit growth averaged -14.4%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.