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Manappuram Finance share price & results

Manappuram Finance Limited· Financial Services

Results to
Jun 2026
Latest analysed call
Q1 FY27
Ownership as of
Sept 2026

India's #2 listed gold-loan NBFC lending against pledged gold jewellery, plus microfinance and housing loans.

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Reported

The figures, each with its period

Each figure keeps its basis and period; nothing is filled in.

MetricValueChangeBasisPeriodNote
Revenue2,543 ₹ crore+45.9% YoYQuarterly, as filedQuarter to Jun 2026Revenue from operations as filed.
Operating marginUnavailable—Operating profit / revenueQuarter to Jun 2026Not in the filed figures for the quarter to jun 2026. No older figure is substituted.
Net profit552 ₹ crore+40.8% YoYQuarterly, as filedQuarter to Jun 2026Profit after tax as filed.
Return on equity10.18 %−3.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Adjusted profit attributable to owners ÷ average owners’ equity.
Free cash flow marginUnavailable—Fiscal yearFY ending Mar 2026Not in the analysed materials. No older figure is substituted.
Revenue growth (YoY)4.68 %−18.2 ptsFY Mar 2026 vs FY Mar 2025Trailing twelve monthsTTM to Jun 2026Revenue change against the same period one year earlier.

Source: Inve data from filed results; ratios from the Screener-verified panel · to Jun 2026

Guidance

What management said, and what became of it

6 of 12 judged targets kept · 9 open · verdicts reflect calls analysed to Q1 FY27.

Manappuram Finance Limited management guidance track record on Inve: 21 targets tracked across analysed earnings calls (6 achieved, 6 missed, 9 open).

TargetOriginal wordingSaidLatest callVerdict
MFI Disbursement Ban Resolution3-4 months
Call transcript, Q2 FY25 · 5 Nov 2024		Q2 FY25Q1 FY27:Previously achieved.
Call transcript, Q1 FY27 · 11 Aug 2026		Achieved
Asirvad MFI AUM Growth10%-12% annually for next 2 years
Call transcript, Q3 FY25 · 13 Feb 2025		Q3 FY25Q1 FY27:AUM grew 7.2% YoY to ₹7,188 cr, which is below the 10-12% annual growth target for FY27.
Call transcript, Q1 FY27 · 11 Aug 2026		Missed
Consolidated ROE13% to 16% in the next 1 or 2 years
Call transcript, Q4 FY26 · 4 May 2026		Q4 FY26Q1 FY27:Management revised guidance upwards to a target of 15-18% ROE, with a goal of reaching 18% within three years.
Call transcript, Q1 FY27 · 11 Aug 2026		Revised Up

Source: Inve Guidance Tracker for Manappuram Finance Limited · to Q1 FY27

A verdict describes what became of management’s own words in later analysed calls. “Delayed” is a change of date, “went quiet” a target the calls stopped mentioning. None of it is a judgement on the investment. The methodology sets out how verdicts are recorded.

6 of Manappuram Finance Limited's 21 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 18 more targets are in the full ledger.

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Price

₹286.45 −0.37% · −₹1.05

Last close 27 Oct 2026 · NSE · INR · Source: Inve

Performance +2.3% 1Y

₹250₹300₹350Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Oct 26Q2 FY26 — 30 Oct 2025Q3 FY26 — 29 Jan 2026Q4 FY26 — 4 May 2026Q1 FY27 — 11 Aug 2026

1Y: ₹279.95 on 24 Oct 2025 → ₹286.45. High ₹371.85 (31 Jul 2026), low ₹251.1 (30 Mar 2026).

Previous close
₹287.5
Market cap
₹26.9k Cr
52-week range
₹251.1 – ₹371.85
One year
+3.64%
Price to earnings (TTM to Jun 2026)
18.56×
Return on equity (TTM to Jun 2026)
10.18%

Overview

Symbol
NSE:MANAPPURAM
Exchange
NSE
Currency
INR

What Manappuram Finance Limited does

Based on the company's own presentations, annual report and earnings calls.

Manappuram Finance is a gold-loan focused non-banking finance company that lends against pledged household gold jewellery, which it safekeeps in its branch vaults, earning interest income on the loan book. It has diversified beyond gold into microfinance (through subsidiary Asirvad Microfinance, a joint-liability-group lender to women borrowers), affordable housing finance, vehicle & equipment finance for self-employed customers, MSME loans and co-lending/onlending arrangements. The gold-loan business is run through a pan-India branch network alongside a digital Online Gold Loan channel, funded via a mix of term loans, NCDs, ECBs/USD bonds and commercial paper.

Segments

  • Gold Loan
  • Microfinance
  • Housing Finance
  • Vehicle & Equipment Finance (VEF)
  • MSME
  • Onlending
Market position
#2 listed gold-loan NBFC in India
Gold jewellery held in custody
c.63 metric tonnes of household gold jewellery
Active gold-loan customers
2.7 million (27.11 lakh)
Branch network (consolidated)
5,000+ branches pan-India
Gold-loan branches (standalone)
4,044 branches
Geographic reach of gold-loan network
Branches spread across 28 states and union territories (North, South, East, West India)
Founded 1992Headquarters Valapad, Thrissur, Kerala, India Company website

How the price took the results

close before → close after

Q1 FY27
−2.5%
11 Aug
Q4 FY26
+3.7%
4 May
Q3 FY26
+1.8%
29 Jan
Q2 FY26
−0.6%
30 Oct

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

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