19061
531213
MANAPPURAM
As of the latest trading session, MANAPPURAM FINANCE LTD share price is currently at ₹ 270.1, which is down by ₹ -9.60 from its previous closing. Today, the stock has fluctuated between ₹ 270.00 and ₹ 279.70. Over the past year, MANAPPURAM FINANCE LTD has achieved a return of 66.16 %. In the last month alone, the return has been 2.08 %. Read More...
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| Particulars | SEP 2025 (Values in Cr) |
|---|---|
| Revenue | 1817.58 |
| Operating Expense | 2006.60 |
| Net Profit | 375.87 |
| Net Profit Margin (%) | 20.67 |
| Earnings Per Share (EPS) | 4.44 |
| EBITDA | 1252.56 |
| Effective Tax Rate (%) | 25.61 |
| Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
|---|---|---|---|---|---|
| ALFRED HERBERT (INDIA) LTD. | 2970.00 | 9.50 | 0.40 | 228.69 | 1770.00 / 3974.00 |
| BAJAJ HOLDINGS & INVESTMENT LT | 11179.95 | 17.57 | 1.83 | 124421.66 | 10264.00 / 14873.20 |
| TATA INVESTMENT CORP LTD | 708.40 | 101.93 | 1.12 | 35841.71 | 514.72 / 1184.00 |
| Naperol Investments Limited | 1437.10 | 23.31 | 0.90 | 825.90 | 801.00 / 2041.00 |
| Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
|---|---|---|---|---|---|
| ALFRED HERBERT (INDIA) LTD. | 2970.00 | 9.58 | 0.41 | 228.69 | 1770.00 / 3974.00 |
| ARAVALI SECURITIES & FINANCE L | 3.99 | 0.00 | -5.93 | 6.04 | 3.44 / 7.37 |
| BAJAJ HOLDINGS & INVESTMENT LT | 11179.95 | 48.02 | 5.46 | 124421.66 | 10264.00 / 14873.20 |
| GKW LIMITED | 1749.80 | 0.00 | 2.72 | 1044.63 | 1371.00 / 2750.00 |
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Manappuram Finance posted consolidated revenue of ₹2,262 crore in Q1 FY25-26 versus ₹2,488 crore in Q1 FY24-25. Expenses stood at ₹1,233 crore in Q1 FY25-26 against ₹846 crore in Q1 FY24-25. Financing profit was ₹174 crore in Q1 FY25-26 compared with ₹793 crore in Q1FY24-25. Net profit was recorded at ₹132 crore in Q1 FY25-26 versus ₹557 crore in FY24-25.
Date Source: Screener.in
Manappuram Finance reported consolidated annual revenue of ₹10,007 crore in FY24-25, up from ₹8,848 crore in FY23-24. Expenses rose to ₹4,567 crore in FY24-25 from ₹2,848 crore in FY23-24. Financing profit stood at ₹1,899 crore in FY24-25 compared with ₹3,134 crore in FY23-24. Net profit was ₹1,204 crore in FY24-25 versus ₹2,197 crore in FY23-24.
Date Source: Screener.in
Manappuram Finance declared interim dividends of ₹1 per share on 21 Feb 2025, followed by ₹0.50 per share each on 15 May 2025 and 14 Aug 2025. The previous dividends were ₹1 per share on 18 Nov 2024, ₹1 per share on 26 Aug 2024, and ₹1 per share on 5 Jun 2024.
Date Source: NSE India
Manappuram Finance Limited, today known for its presence across India’s non-banking financial services landscape, began from modest origins. The company was established on 15 July 1992 as Manappuram General Finance and Leasing Limited at Valapad in Thrissur, and it can trace its origin to 1949, when it functioned as a small money-lending company. In June 2011, it adopted the current name reflecting its wider financial scope.
The group started with the gold loans business, which has remained its staple. Gradually, it added microfinance, housing finance, loans for vehicles and equipment, loans to SMEs, and other allied services to its portfolio. The primary service of lending against households' gold jewellery is still the company's primary service, but now it offers services to retail, commercial, and institutional customers related to several types of credits.
By FY25, Manappuram managed a wide branch network of 3,524 gold loan outlets, supported by subsidiaries. Its reach has steadily widened from the early 1990s, when expansion into centres like Calicut, Guruvayur, Ernakulam, and Thriprayar began. The branch-led approach has underpinned scale, with the customer base now exceeding 2.5 million.
In the early 2000s, diversification took shape. Forex operations were introduced in 2002. Around 2003–04, the company entered allied businesses through subsidiaries, becoming a corporate agent for insurance, venturing into vehicle loans, money transfer facilities, and online share trading. Collaborations with international companies like Xpress Money and MoneyGram initiated its foray into remittance services. By 2004–05, it also acquired Manappuram Insurance Agents and Brokers Ltd, expanding its financial offering.
A major milestone came in 2006–07, with the Reserve Bank of India granting the Authorised Dealer Category II licence, allowing it to engage in wider non-trade remittances and currency exchange. At the same time, the insurance broking arm received approval from IRDA. The group also made advancements in IT infrastructure in 2008–09, connecting branches and strengthening collection processes.
Structural consolidation followed. In 2009–10, Manappuram Finance Tamilnadu Ltd merged with the parent. The branch count crossed the 1,000 mark, a milestone achieved at Thrissur. By 2011, a rebranding exercise brought the current name. A bonus issue accompanied the change. In 2012, assets under management (AUM) crossed ₹10,000 crore and the network expanded past 2,900 branches.
In 2014, shorter-tenure loan products were rolled out, along with lower loan-to-value ratios for long-term borrowings. The same year, the company bought Milestone Home Finance, later renamed Manappuram Home Finance, marking its formal entry into affordable housing credit. Its shares were listed on the National Stock Exchange, raising the profile of the franchise.
The move into microfinance took shape in late 2014 with the acquisition of Asirvad Micro Finance Pvt. Ltd., Chennai. This subsidiary, carrying AUM of around ₹300 crore at the time, expanded Manappuram’s footprint into Tamil Nadu, Kerala, and Karnataka.
In 2017, the investment of equity in Asirvad was approved, as was the development of financing for SMEs to create access to credit for individuals and businesses that fall in the underserved category. One year later, the purchase of the Indian School Finance Company expanded its presence in educational financing. Another subsidiary, Manappuram Comptech and Consultants Ltd. was established in 2019, increasing operational diversification.
At this point, the company was near fully consolidated, with ownership percentages in subsidiaries equal to: 97.6% shareholding in Asirvad Microfinance, 100% shareholding in Manappuram Home Finance, 100% shareholding in Manappuram Insurance Brokers, and nearly 100% control of Comptech and Consultants. This consolidation provided an integrated structure, which could spread risk over the various product classes.
On the operational side, innovation was almost continuous. Gold loan products were launched in Odisha and West Bengal in 2021, strengthening regional penetration. Growth momentum in microfinance, housing, and vehicle finance reflected in consolidated AUM expansion which rose 17.2% in FY23. Microfinance AUM alone grew close to 40%, housing finance by nearly 30%, and vehicle loans by almost 50%.
As of March 2025, Manappuram Finance stands as one of the larger NBFCs in India, anchored in gold loans but with meaningful contributions from microfinance, housing finance, and SME lending. The balance sheet reflects both legacy strengths and the results of two decades of diversification.
Who is the CEO of Manappuram Finance Ltd ?
The CEO and MD of Manappuram Finance Ltd is V.P. Nandakumar, who oversees the company’s strategic growth and operations in the financial services sector.
When was Manappuram Finance Ltd established?
Manappuram Finance Ltd was established in 1949 and is a leading provider of gold loans and other financial services in India.
What factors influence the Manappuram Share Price?
Manappuram Finance share price is influenced by factors such as gold prices, loan disbursement trends, interest rate changes, and the company's financial performance.
Is Manappuram Finance Ltd debt free?
No, Manappuram Finance Ltd is not debt free, as it utilises borrowings to support its lending operations, particularly in the gold loan segment.
What is the CAGR of Manappuram Share ?
The CAGR of Manappuram Finance share is 16% over 10 years, -1% over 5 years, and -5% over the last 3 years.
How has the Manappuram Share Price performed over the past year?
Over the past year, Manappuram Finance’s share price has shown a modest growth of 2%, reflecting stability amidst fluctuations in gold prices and lending demand.
Manappuram Finance Limited was initially incorporated as 'Manappuram General Finance and Leasing Limited' on July 15, 1992 in Valapad, Thrissur, Kerala. The Company's name was changed to Manappuram Finance Limited on June 27, 2011. Established in 1949, the Company began as a modest money-lending operation. Over the decades, it has evolved into a diversified financial services provider, offering products including gold loans, microfinance, housing finance, vehicle loans, and SME financing.
Manappuram Finance is one of the largest NBFCs in India predominantly dealing in gold loans. It has a diversified lending portfolio encompassing retail, microfinance, SME and commercial customers. The Company makes credit against the security of used household gold jewelery.
The Company operate a branch network of 5,350 serving a customer base of 2.58 million. In addition to gold finance, it is focusing on affordable housing finance, vehicle and equipment finance, which includes commercial vehicle loans, two-wheeler loans, tractor & car loans, microfinance, SME finance, project and industrial finance, corporate finance and insurance broking. The company operates its housing finance business under its subsidiary, Manappuram Home Finance Limited (MAHOFIN).
During the year 1994-95, the company opened new branches in Calicut, Guruvayur, Ernakulam and Thriprayar. In the year 2002, they started Forex business as a part of its diversification. During the year 2002-03, the company opened 8 new branches in various places.
During the year 2003-04, the company entered into various diversified activities as acting as corporate agents for life and general insurance, vehicle finance, acting as full-fledged money changers, online share trading, instant money transfer, etc, through and with their 100% subsidiary. Also, they commenced instant money transfer facility, in collaboration with Xpress Money, Coinstar, Instant Cash, Zoha, Ezremit and MoneyGram.
During the year 2004-05, the company acquired 100% equity shares in Manappuram Insurance Agents and Brokers Ltd. Also, they widened their activities further, by opening 14 new branches in various places.
During the year 2006-07, the company was granted the prestigious Authorized Dealer Category II license by the Reserve Bank which will enable the company to undertake a wide range of non trade remittances apart from currency exchange transactions. In November 2006, the company's 100% subsidiary, Manappuram Insurance Brokers Pvt Ltd received the insurance Broking Licence from the Insurance Regulatory and Development Authority (IRDA).
During the year 2008-09, the company strengthened their IT infrastructure and systems to support their operations. The connectivity to branches was also upgraded so as to provide improved information flow to branches and to further support the collection system. The company acquired the entire assets and liabilities of Manappuram Printers, a sole proprietorship, which is in the business of trading in stationery items, for a total consideration of Rs 10 million. In November 4, 2008, the company sold their entire investment in their subsidiary, Manappuram Insurance Brokers Pvt Ltd to one of the directors' of the company for an amount of Rs 5.86 million.
During the year 2009-10, as per the scheme of amalgamation, Manappuram Finance Tamilnadu Ltd was amalgamated with the company. Also, they opened their 1001st branch in Thrissur.
During 2011, the company adopted a new name of Manappuram Finance Ltd in place of earlier name Manappuram General Finance and Leasing Ltd. The company also came with a Bonus issue in the Ratio of 1:1 In 2012, Manappuram Finance's assets under management (AUM) crossed Rs 10000 crore mark. The company's branch network reached 2,908, with more than 850 branches added in FY 2012.
In 2014, Manappuram Finance pioneered the introduction of shorter tenure loan products (3 to 9 months) with lower LTV for longer tenure loans. During the year, Manappuram Finance acquired full ownership of Milestone Home Finance Limited from Japyee Hotels Limited and renamed it as Manappuram Home Finance Private Limited. During the year, equity shares of Manappuram Finance were listed on the National Stock Exchange.
The Board of Directors of Manappuram Finance at its meeting held on 23 September 2014 considered and approved the commencement of business of Micro Financing either as a separate division of the company or by acquiring existing companies in micro financing activity. The Board also approved commencement of Commercial Vehicles financing business and depository participant business.
The Board of Directors of Manappuram Finance at its meeting held on 23 December 2014 approved the acquisition of 70% stake in Asirvad Micro Finance Pvt. Ltd., Chennai subject to approvals from Reserve Bank of India and to execute necessary agreements to conclude the transaction. The company intends to increase its stake up to 85% by infusion of additional capital. The total capital commitment will be close to Rs 136 crore.
In February 2015, the company acquired Chennai based Asirvad Microfinance Pvt. Ltd. having assets under management (AUM) of a little short of Rs 300 crore. Asirvad is an NBFC operating as a micro finance institution (NBFCMFI). The company is carrying on the business of micro finance with about 115 branches spread across Tamil Nadu, Kerala and Karnataka. The Board of Directors of Manappuram Finance Ltd at its meeting held on 14 August 2015 approved the acquisition of Manappuram Insurance Brokers Pvt Ltd for the consideration of Rs 1.55 crore subject to the approval of RBI and IRDAI.
On 2 January 2016, Manappuram Finance Ltd informed the stock exchanges that the company has acquired 100% equity shares of Manappuram Insurance Brokers Pvt. Ltd (MIBPL) by way of transfer of shares from existing shareholders of MIBPL for the total consideration amount of Rs 1.55 crore. MIBPL is acting as brokers for insurance companies in India doing life insurance and general insurance and having valid license issued by IRDAI and is also a member of Insurance Brokers Association of India, Hyderabad. MIBPL clocked turnover of Rs 1.02 crore in FY 2014-15.
The Board of Directors of Manappuram Finance at its meeting held on 2 November 2017 approved equity infusion of up to Rs 50 crore in its subsidiary Asirvad Microfinance Limited. The Company commenced SME business in November 2017 to serve the under served segment and help them grow their businesses.
In Jul' 18, Manappuram Finance through the securities purchase agreement acquired 85.39% of the share capital of Indian School Finance Company Private Limited (ISFC).
In 2019, the Company acquired a new subsidiary company, Manappuram Comptech and Consultants Limited [MACOM]. Company holds 93.33% equity shares of Asirvad Microfinance Limited, 100% equity shares of Manappuram Home Finance Limited, 100% equity shares of Manappuram Insurance Brokers Limited and 81.07% of Manappuram Comptech and Consultants Limited as on 31 March, 2019. A new loan product called 'Gold Loan' was launched in Odisha and West Bengal on March 10, 2021.
The Company's consolidated AUM grew by 17.20% to Rs 3,54,523 million during the year 2023 owing to rapid growth in the microfinance
(39.70%), housing finance (29.60%) and vehicle finance (49.40%) AUMs.
As on March 31, 2025, the Company's Gold Loan Branches stood at 3,524. The Company holds 97.60% equity shares of M/s. Asirvad Microfinance Limited, 100% equity shares of M/s. Manappuram Home Finance Limited, 100% equity shares of M/s. Manappuram Insurance Brokers Limited and 99.81% of Manappuram Comptech and Consultants Limited as on March 31, 2025.
Manappuram Finance Ltd share price is for NSE ₹ 270.10 & for BSE ₹ 270.30 as on Dec 08 2025 02:16 PM.
The market cap of Manappuram Finance Ltd for NSE ₹ 22,861.12 & for BSE ₹ 22,878.05 as on Dec 08 2025 02:16 PM.
The 52 Week High and Low of Manappuram Finance Ltd for NSE is ₹ 298.00 and ₹ 165.55 and for BSE is ₹ 298.00 and ₹ 165.60.
The 1 year returns on the stock has been 66.16%.
As on Dec 08 2025 02:16 PM the price-to-earnings (PE) ratio for Manappuram Finance Ltd share is 14.47.
As on Dec 08 2025 02:16 PM, the price-to-book (PB) ratio for Manappuram Finance Ltd share is 147.48.
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