MANAPPURAM - Manappuram Finance Limited Share Price

Finance

₹231.27+4.34(+1.91%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Manappuram Finance Limited do?

Non Banking Financial Company(NBFC)•Financial Services•Small Cap

Manappuram Finance Limited, a gold loan non-banking financial company, provides retail credit products and financial services in India. It offers loans against the security of used household gold jewelry; gold loans and online gold loans; microfinance loans and other financial services to low-income populations in rural and semi-urban areas; loans for construction, extension, purchase, and improvement of homes; life and non-life insurance products; and IT solutions. The company also provides depository services; and fee-based services, which include money transfer, foreign exchange, and depository services. In addition, it offers vehicle and equipment finance, including commercial vehicle, construction equipment, two wheeler, car, and farm equipment finance. The company serves retail, microfinance, small and medium enterprises, and commercial customers. It operates branches in 28 states and 4 Union Territories. 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 based in Thrissur, India.

Industry Group:Finance

Employees:51,004

Website:www.manappuram.com

Revenue Breakdown

Analysis of Manappuram Finance's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.

Revenue

Last Updated: Dec 31, 2024

Description	Share	Value
Gold loan and others	74.0%	1.9 kCr
Micro Finance	26.0%	665.5 Cr
Total		2.6 kCr

Valuation
Market Cap	19.58 kCr
Price/Earnings (Trailing)	9.93
Price/Sales (Trailing)	1.94
EV/EBITDA	3.07
Price/Free Cashflow	-3.62
MarketCap/EBT	7.4

Fundamentals
Revenue (TTM)	10.07 kCr
Rev. Growth (Yr)	10.14%
Rev. Growth (Qtr)	-2.83%
Earnings (TTM)	1.97 kCr
Earnings Growth (Yr)	-51.6%
Earnings Growth (Qtr)	-51.32%

Profitability
Operating Margin	26.28%
EBT Margin	26.28%
Return on Equity	15.69%
Return on Assets	3.76%
Free Cashflow Yield	-27.65%

Investor Care
Dividend Yield	1.73%
Dividend/Share (TTM)	4
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	23.28

Financial Health
Debt/Equity	0.00
Debt/Cashflow	0.00

Income Statement for Manappuram Finance

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Total income	32.2%	8,920	6,750	6,126	6,375	5,551	4,179
Revenue From Operations	32.4%	8,848	6,684	6,061	6,331	5,465	4,116
Total interest earned	31.3%	8,455	6,440	5,840	6,190	5,217	4,012
Dividend income	-	0	0	11	13	9.47	5.08
Fees and commission income	563.2%	127	20	23	18	104	84
Other revenue from operations	3.4%	124	120	70	39	9.38	15
Other income	9.2%	72	66	65	44	86	63
Total Expenses	26.6%	5,961	4,709	4,343	4,059	3,544	2,752
Employee Expense	8.7%	1,597	1,469	1,125	843	830	720
Finance costs	31%	2,866	2,188	2,011	2,219	1,832	1,319
Depreciation and Amortization	20.7%	246	204	198	171	164	75
Fees and commission expenses	108.3%	51	25	26	20	24	20
Impairment on financial instruments	88.6%	578	307	486	440	238	46
Other expenses	20.8%	622	515	496	366	456	571
Profit Before exceptional items and Tax	45%	2,960	2,041	1,784	2,316	2,007	1,427
Total profit before tax	45%	2,960	2,041	1,784	2,316	2,007	1,427
Current tax	53.3%	801	523	443	679	534	475
Deferred tax	-336.6%	-39.22	18	11	-87.96	-7.48	22
Tax expense	40.9%	762	541	455	591	527	498
Total profit (loss) for period	46.5%	2,197	1,500	1,329	1,725	1,480	929
Other comp. income net of taxes	-152.8%	-12.74	27	-8.15	-16.32	-6	-2.53
Total Comprehensive Income	43.1%	2,185	1,527	1,321	1,709	1,474	927
Earnings Per Share, Basic	49.3%	25.96	17.72	15.7	20.4	17.54	11.03
Earnings Per Share, Diluted	49.3%	25.96	17.72	15.7	20.4	17.49	11.01
Debt equity ratio	-	-	-	-	-	-	0.0338

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Total income	-2.8%	2,563	2,637	2,512	2,362	2,327	2,174
Revenue From Operations	-2.8%	2,560	2,633	2,488	2,360	2,305	2,157
Total interest earned	-	2,516	-	2,386	2,273	2,201	2,044
Dividend income	-	0.13	-	0	0	0	0
Fees and commission income	-	16	-	43	46	47	31
Other revenue from operations	-	28	-	26	11	27	55
Other income	-37.2%	2.91	4.04	24	2.45	21	17
Total Expenses	17.3%	2,187	1,864	1,759	1,617	1,540	1,427
Employee Expense	0%	448	448	446	416	413	375
Finance costs	2.1%	925	906	848	779	749	689
Depreciation and Amortization	4.5%	70	67	64	65	62	62
Fees and commission expenses	-	23	-	18	15	15	10
Impairment on financial instruments	-	555	-	229	188	150	120
Other expenses	-0.6%	166	167	154	154	151	171
Profit Before exceptional items and Tax	-51.4%	376	773	753	746	786	747
Total profit before tax	-51.4%	376	773	753	746	786	747
Current tax	-43.9%	120	213	208	201	225	207
Deferred tax	-75.5%	-22.16	-12.2	-11.86	-18.96	-13.81	-20.63
Tax expense	-51.5%	98	201	196	182	211	186
Total profit (loss) for period	-51.5%	278	572	557	563	575	561
Other comp. income net of taxes	133.3%	50	22	-1.87	-1.12	-9.99	0.85
Total Comprehensive Income	-44.7%	329	594	555	562	565	562
Earnings Per Share, Basic	-60.2%	3.29	6.75	6.58	6.66	6.79	6.62
Earnings Per Share, Diluted	-60.2%	3.29	6.75	6.58	6.66	6.79	6.62

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Total income	21.3%	5,855	4,827	4,587	5,194	4,352	3,427
Revenue From Operations	21.4%	5,830	4,802	4,563	5,172	4,311	3,418
Total interest earned	20.7%	5,721	4,741	4,539	5,138	4,225	3,370
Dividend income	98.9%	15	8.04	0	5.02	5.02	0
Fees and commission income	-7%	3	3.15	3.12	4.32	80	46
Other revenue from operations	83.7%	91	50	20	25	1.13	2.06
Other income	0%	25	25	24	21	41	8.98
Total Expenses	16.4%	3,633	3,121	2,837	2,924	2,672	2,209
Employee Expense	1.9%	1,022	1,003	808	625	649	580
Finance costs	22%	1,828	1,498	1,392	1,720	1,391	1,018
Depreciation and Amortization	15.4%	188	163	157	156	154	68
Fees and commission expenses	108.3%	51	25	26	20	24	20
Impairment on financial instruments	143.2%	108	45	81	130	85	26
Other expenses	13%	436	386	373	274	369	497
Profit Before exceptional items and Tax	30.3%	2,222	1,706	1,750	2,270	1,680	1,218
Total profit before tax	30.3%	2,222	1,706	1,750	2,270	1,680	1,218
Current tax	26.3%	573	454	420	600	430	427
Deferred tax	35.7%	-8.91	-14.42	25	-28.7	20	0.75
Tax expense	28.2%	564	440	445	572	450	427
Total profit (loss) for period	31%	1,658	1,266	1,305	1,698	1,230	790
Other comp. income net of taxes	-144.1%	-9.59	25	-11.33	-14.59	-5.43	-2.78
Total Comprehensive Income	27.7%	1,648	1,291	1,293	1,683	1,225	788
Earnings Per Share, Basic	33.2%	19.59	14.96	15.41	20.076	14.58	2.54
Earnings Per Share, Diluted	33.2%	19.59	14.96	15.41	20.076	14.53	2.53
Debt equity ratio	-	-	-	-	-	-	0.029

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Total income	2.9%	1,801	1,750	1,622	1,513	1,528	1,456
Revenue From Operations	2.9%	1,799	1,748	1,620	1,508	1,522	1,450
Total interest earned	-	1,790	-	1,599	1,502	1,486	1,405
Dividend income	-	0	-	0	0	15	0
Fees and commission income	-	0.37	-	0.68	0.76	0.71	0.64
Other revenue from operations	-	9.83	-	21	4.99	21	45
Other income	145.2%	2.03	1.42	1.79	5.43	6.35	6.18
Total Expenses	7.1%	1,189	1,110	1,049	953	944	892
Employee Expense	2.8%	297	289	277	259	267	244
Finance costs	5.9%	629	594	544	489	481	443
Depreciation and Amortization	0%	51	51	49	49	48	47
Fees and commission expenses	-	23	-	18	15	15	10
Impairment on financial instruments	-	77	-	53	28	28	31
Other expenses	5.8%	111	105	108	114	105	116
Profit Before exceptional items and Tax	-4.4%	612	640	573	560	584	564
Exceptional items before tax	-	0	0	20	0	0	0
Total profit before tax	-4.4%	612	640	593	560	584	564
Current tax	-9.2%	149	164	154	125	152	157
Deferred tax	4836.8%	10	0.81	-1.15	7.45	3.33	-13.02
Tax expense	-3.7%	159	165	153	132	156	144
Total profit (loss) for period	-4.6%	453	475	441	428	429	420
Other comp. income net of taxes	177.8%	51	19	-2.13	-1.09	-8.34	-0.23
Total Comprehensive Income	2%	504	494	438	427	420	420
Earnings Per Share, Basic	-5.4%	5.36	5.61	5.21	5.07	5.06	4.96
Earnings Per Share, Diluted	-5.4%	5.36	5.61	5.21	5.07	5.06	4.96

Balance Sheet for Manappuram Finance

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	116.4%	3,308	1,529	3,051	1,873	2,145	1,563
Derivative financial instruments	-	-	-	0.9	0	137	0
Loans	-	-	29,138	26,751	24,558	22,574	22,720
Investments	-	-	1,766	1,757	1,454	1,454	1,215
Other financial assets	-	-	291	269	210	207	205
Current tax assets (Net)	-	-	52	-	0.84	20	55
Investment property	-	-	-	-	-	0	-
Property, plant and equipment	9.2%	393	360	362	358	315	316
Capital work-in-progress	-79.7%	7.49	33	24	16	14	11
Total assets	14.3%	38,838	33,973	33,106	29,338	30,033	26,971
Equity share capital	0%	169	169	169	169	169	169
Total equity	7.4%	11,113	10,349	9,650	8,980	8,469	7,943
Derivative financial instruments	-	-	11	-	3.28	0	30
Debt securities	-	-	4,434	5,069	4,961	8,090	7,803
Borrowings	-	-	18,033	17,264	14,268	12,447	10,122
Subordinated liabilities	-	-	-	-	574	0	0.6
Current tax liabilities	-	-	-	11	0	46	-
Provisions	-	-	57	47	58	0	0
Total liabilities	17.4%	27,725	23,623	23,456	20,358	21,564	19,028
Total equity and liabilities	14.3%	38,838	33,973	33,106	29,338	30,033	26,971

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	63.4%	4,166	2,550	4,237	2,500	2,965	2,371
Derivative financial instruments	-	-	2.55	19	24	140	2.74
Trade receivables	-	-	-	-	-	-	-
Loans	-	-	40,948	37,020	34,195	29,076	28,971
Investments	-	-	726	543	534	416	421
Other financial assets	-	-	440	489	327	348	330
Current tax assets (Net)	-	-	75	4.92	35	33	92
Investment property	0%	0.09	0.09	0.09	0.09	0.09	0.09
Property, plant and equipment	9.1%	480	440	439	432	367	353
Capital work-in-progress	-79.7%	7.49	33	24	16	14	13
Goodwill	0%	36	36	36	36	36	36
Total assets	12.1%	52,416	46,748	44,308	39,504	37,003	33,811
Equity share capital	0%	169	169	169	169	169	169
Non controlling interest	10.7%	32	29	24	20	17	16
Total equity	8.5%	12,561	11,577	10,597	9,665	8,975	8,384
Derivative financial instruments	-	-	-	-	-	0	30
Debt securities	-	-	5,180	6,029	6,264	9,719	9,322
Borrowings	-	-	27,987	25,722	21,825	16,820	14,477
Deposits	-	-	0.07	0.07	0.09	0.07	0.07
Subordinated liabilities	-	-	486	486	394	218	320
Current tax liabilities	-	-	-	-	0	-	-
Provisions	-	-	72	60	73	50	73
Total liabilities	13.3%	39,855	35,171	33,711	29,839	28,028	25,426
Total equity and liabilities	12.1%	52,416	46,748	44,308	39,504	37,003	33,811

Pros

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Smart Money: Smart money has been increasing their position in the stock.

Size: Market Cap wise it is among the top 20% companies of india.

Growth: Awesome revenue growth! Revenue grew 20.7% over last year and 60.8% in last three years on TTM basis.

Profitability: Very strong Profitability. One year profit margin are 20%.

Cons

Momentum: Stock has a weak negative price momentum.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: MANAPPURAM vs Finance

Comprehensive comparison against sector averages

Comparative Metrics

MANAPPURAM metrics compared to Finance

Category	MANAPPURAM	Finance
PE	9.75	30.68
PS	1.91	6.63
Growth	20.7 %	12.2 %

Performance Comparison

MANAPPURAM vs Finance (2021 - 2025)

Key Insights

1. MANAPPURAM is NOT among the Top 10 largest companies in Non Banking Financial Company(NBFC).
2. The company holds a market share of 3.8% in Non Banking Financial Company(NBFC).
3. In last one year, the company has had an above average growth that other Non Banking Financial Company(NBFC) companies.

Share Holdings

Understand Manappuram Finance ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
Nandakumar V P	29.05%
Smallcap World Fund, Inc	6.13%
Sushama Nandakumar	5.67%
Government Pension Fund Global	2.16%
Jyothy Prasannan	0.53%
Director or Director's Relatives	0.47%
Bodies Corporate	0.3%
Dr.Sumitha Nandan	0%
Shelly Ekalavian	0%
Sooraj Nandan	0%
Suhas Nandan .	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Price to Sales Ratio

Latest reported: ₹2

Revenue (Last 12 mths)

Latest reported: ₹1 kCr

Net Income (Last 12 mths)

Latest reported: ₹2 kCr

Is Manappuram Finance Better than it's peers?

Detailed comparison of Manappuram Finance against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BAJFINANCE	Bajaj FinanceNon Banking Financial Company(NBFC)	5.63 LCr	66.19 kCr	+1.65%	+35.09%	35.05	8.5	+28.74%	+16.50%
CHOLAFIN	Cholamandalam Investment and Finance Co.Non Banking Financial Company(NBFC)	1.28 LCr	24.52 kCr	+0.38%	+30.22%	30.1	4.91	+34.67%	+24.64%
SHRIRAMFIN	Shriram FinanceNon Banking Financial Company(NBFC)	1.17 LCr	40.33 kCr	-5.18%	-75.14%	12.37	2.9	+17.00%	+41.83%
MUTHOOTFIN	MUTHOOT FINANCENon Banking Financial Company(NBFC)	85.65 kCr	18.85 kCr	-10.47%	+26.39%	16.82	4.54	+31.99%	+18.54%
IIFL	IIFL FINANCENon Banking Financial Company(NBFC)	15.58 kCr	10.57 kCr	+12.01%	-11.56%	20.57	1.47	+7.07%	-62.15%

Cash Flow for Manappuram Finance

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	22%	1,828	1,498	1,392
Depreciation	15.4%	188	163	157
Impairment loss / reversal	-2.8%	36	37	-70.58
Adjustments for interest income	20.6%	5,629	4,666	4,517
Share-based payments	-3.1%	0	0.03	0.12
Net Cashflows From Operations	-84.8%	-5,389.39	-2,915.58	-3,050.03
Dividends received	-77%	-15	-8.04	0
Interest paid	16.2%	1,806	1,554	1,406
Interest received	8.5%	4,971	4,580	4,809
Income taxes paid (refund)	56.1%	624	400	465
Net Cashflows From Operating Activities	-856.6%	-2,862.92	-298.38	-111.85
Proceeds from sales of PPE	-583.3%	0.71	1.06	1.13
Purchase of property, plant and equipment	-15.3%	95	112	104
Purchase of investment property	30.3%	311	239	15
Dividends received	98.9%	15	8.04	0
Interest received	16.7%	85	73	23
Other inflows/outflows of cash	87.2%	-0.56	-11.2	-22.29
Net Cashflows From Investing Activities	-9.6%	-306.75	-279.81	-117.62
Proceeds from issuing shares	-	0.5	0	0.37
Proceeds from issuing debt etc	37.5%	0	-0.6	-4.21
Proceeds from borrowings	-8.4%	3,772	4,120	2,420
Repayments of borrowings	-81.5%	527	2,842	2,134
Payments of lease liabilities	3.7%	140	135	129
Dividends paid	9.9%	279	254	254
Net Cashflows From Financing Activities	218.5%	2,826	888	-100.04
Net change in cash and cash eq.	-211.4%	-343.31	310	-329.51

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	30.4%	2,776	2,129	1,964
Depreciation	20.7%	246	204	198
Impairment loss / reversal	564.5%	506	77	335
Adjustments for interest income	20.3%	5,764	4,790	4,560
Share-based payments	1%	0.04	0.03	-0.04
Net Cashflows From Operations	-0.4%	-5,692	-5,667.15	-3,303.56
Dividends received	-	0	0	-11.19
Interest paid	17.8%	1,822	1,547	1,405
Interest received	8.5%	4,971	4,580	4,809
Income taxes paid (refund)	79.3%	840	469	513
Net Cashflows From Operating Activities	-9%	-3,382.69	-3,103.25	-423.09
Proceeds from sales of PPE	99.9%	0.88	-171.57	-161.66
Purchase of property, plant and equipment	-	136	0	15
Purchase of investment property	57%	563	359	0
Dividends received	-114.2%	0	8.04	11
Interest received	98.6%	144	73	-83.99
Other inflows/outflows of cash	76.8%	-37.99	-167.35	57
Net Cashflows From Investing Activities	3.8%	-592.66	-616.16	-192.62
Proceeds from issuing shares	-41.8%	146	250	0.37
Proceeds from borrowings	9.6%	4,382	3,998	823
Payments of finance lease liabilities	-100.7%	0	137	131
Payments of lease liabilities	-	143	0	0
Dividends paid	12.3%	294	262	254
Interest paid	-	67	0	0
Net Cashflows From Financing Activities	4.6%	4,025	3,849	438
Net change in cash and cash eq.	-62.8%	49	130	-177.44

MANAPPURAM - Manappuram Finance Limited Share Price

What does Manappuram Finance Limited do?

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)