Manappuram Finance Ltd.
MANAPPURAMFinancial Services filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
14 transcript(s)/analyst meet(s) served; 10 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 14 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| TRANSCRIPT | 20220810 | 2022-06-30 | yes | |
| COVER_LETTER | 20221118 | 2022-09-30 | no | |
| TRANSCRIPT | 20230817 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231117 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240212 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240530 | 2024-03-31 | yes | |
| TRANSCRIPT | 20240820 | 2024-06-30 | yes | |
| DUPLICATE | 20240820 | 2024-06-30 | no | |
| TRANSCRIPT | 20241111 | 2024-09-30 | yes | |
| DUPLICATE | 20241111 | 2024-09-30 | no | |
| COVER_LETTER | 20250219 | 2024-12-31 | no | |
| COVER_LETTER | 20250516 | 2025-03-31 | no | |
| TRANSCRIPT | 20250813 | 2025-06-30 | yes | |
| TRANSCRIPT | 20260817 | 2025-06-30 | yes | |
| COVER_LETTER | 20251104 | 2025-09-30 | no | |
| DUPLICATE | 20251104 | 2025-09-30 | no | |
| COVER_LETTER | 20260203 | 2025-12-31 | no | |
| COVER_LETTER | 20260511 | 2026-03-31 | no | |
| DUPLICATE | 20260511 | 2026-03-31 | no |
MANAPPURAM
files as a non-banking financial company. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | nbfc |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 324.95 |
| 52-week range | 251.1 – 371.85 |
| Return 1M | -11.57% |
| Return 3M | 2.03% |
| Return 1Y | 13.24% |
| Return 3Y | 131.45% |
| Return 5Y | 87.83% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 3,034.00 |
| Other income | 6.00 |
| Total income | 3,040.00 |
| Cost of materials consumed | 0.00 |
| Purchases of stock-in-trade | 0.00 |
| Changes in inventories | 0.00 |
| Employee benefit expense | 497.00 |
| Finance costs | 1,274.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.42 | 0.10 |
| institutions foreign | 0.22 | -0.01 |
| institutions domestic | 0.15 | 0.02 |
| mutual funds | 0.13 | 0.02 |
| public | 0.58 | -0.10 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2026-03-31 | 6 |
| DUPLICATE | 2026-03-31 | 4 |
| TRANSCRIPT | 2025-06-30 | 9 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-06-30 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,502.00 | 1,696.00 | 1,714.00 | 1,763.00 | 2,026.00 | 2,157.00 | 2,305.00 | 2,360.00 | 2,488.00 | 2,633.00 | 2,560.00 | 2,262.00 | 2,283.00 | 2,353.00 | 2,614.00 | 3,034.00 |
| Other income | 1.00 | 18.00 | 20.00 | 27.00 | 31.00 | 17.00 | 21.00 | 2.00 | 24.00 | 4.00 | 3.00 | 3.00 | 2.00 | 6.00 | 12.00 | 6.00 |
| Total income | 1,503.00 | 1,714.00 | 1,735.00 | 1,790.00 | 2,057.00 | 2,174.00 | 2,327.00 | 2,362.00 | 2,512.00 | 2,637.00 | 2,563.00 | 2,265.00 | 2,285.00 | 2,359.00 | 2,626.00 | 3,040.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 314.00 | 364.00 | 386.00 | 406.00 | 394.00 | 375.00 | 413.00 | 416.00 | 446.00 | 448.00 | 448.00 | 474.00 | 444.00 | 502.00 | 489.00 | 497.00 |
| Finance costs | 505.00 | 528.00 | 566.00 | 589.00 | 648.00 | 689.00 | 749.00 | 779.00 | 848.00 | 906.00 | 925.00 | 855.00 | 876.00 | 945.00 | 1,109.00 | 1,274.00 |
| Depreciation and amortisation | 49.00 | 46.00 | 53.00 | 56.00 | 56.00 | 62.00 | 62.00 | 65.00 | 64.00 | 67.00 | 70.00 | 75.00 | 79.00 | 77.00 | 75.00 | 78.00 |
| Other expenses | 121.00 | 134.00 | 133.00 | 128.00 | 146.00 | 171.00 | 151.00 | 154.00 | 154.00 | 167.00 | 166.00 | 178.00 | 195.00 | 160.00 | 154.00 | 168.00 |
| Total expenses | 1,122.00 | 1,161.00 | 1,194.00 | 1,232.00 | 1,376.00 | 1,427.00 | 1,540.00 | 1,617.00 | 1,759.00 | 1,864.00 | 2,187.00 | 2,163.00 | 1,983.00 | 2,056.00 | 2,062.00 | 2,259.00 |
| Profit before exceptional items and tax | 381.00 | 553.00 | 541.00 | 558.00 | 681.00 | 747.00 | 786.00 | 746.00 | 753.00 | 773.00 | 376.00 | 102.00 | 302.00 | 303.00 | 564.00 | 782.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 381.00 | 553.00 | 541.00 | 558.00 | 681.00 | 747.00 | 786.00 | 746.00 | 753.00 | 773.00 | 376.00 | 102.00 | 302.00 | 303.00 | 564.00 | 782.00 |
| Current tax | 136.00 | 158.00 | 130.00 | 99.00 | 169.00 | 207.00 | 225.00 | 201.00 | 208.00 | 213.00 | 120.00 | 72.00 | 129.00 | 143.00 | 132.00 | 196.00 |
| Deferred tax | -37.00 | -15.00 | 18.00 | 52.00 | 14.00 | -21.00 | -14.00 | -19.00 | -12.00 | -12.00 | -22.00 | -103.00 | -44.00 | -79.00 | 27.00 | 1.00 |
| Tax expense | 99.00 | 143.00 | 147.00 | 151.00 | 183.00 | 186.00 | 211.00 | 182.00 | 196.00 | 201.00 | 98.00 | -31.00 | 85.00 | 64.00 | 159.00 | 197.00 |
| Profit for the period | 282.00 | 409.00 | 393.00 | 406.00 | 498.00 | 561.00 | 575.00 | 563.00 | 557.00 | 572.00 | 278.00 | 132.00 | 217.00 | 239.00 | 405.00 | 585.00 |
| Profit attributable to owners | 282.00 | 408.00 | 392.00 | — | 496.00 | 558.00 | 573.00 | 562.00 | 555.00 | 571.00 | 282.00 | 138.00 | 220.00 | 241.00 | 404.00 | 585.00 |
| Profit attributable to non-controlling interests | -0.00 | 1.00 | 1.00 | — | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 | -4.00 | -6.00 | -3.00 | -2.00 | 1.00 | 0.00 |
| Other comprehensive income | -13.00 | 33.00 | -7.00 | 14.00 | -2.00 | 1.00 | -10.00 | -1.00 | -2.00 | 22.00 | 50.00 | -24.00 | 33.00 | 4.00 | 103.00 | -35.00 |
| Total comprehensive income | 269.00 | 442.00 | 386.00 | 420.00 | 496.00 | 562.00 | 565.00 | 562.00 | 555.00 | 594.00 | 329.00 | 109.00 | 250.00 | 243.00 | 508.00 | 550.00 |
| Earnings per share, basic | 3.33 | 4.84 | 4.65 | 4.91 | 5.88 | 6.62 | 6.79 | 6.66 | 6.58 | 6.75 | 3.29 | 1.57 | 2.57 | 2.82 | 9.54 | 6.23 |
| Earnings per share, diluted | 3.33 | 4.84 | 4.65 | 4.91 | 5.88 | 6.62 | 6.79 | 6.66 | 6.58 | 6.75 | 3.29 | 1.57 | 2.57 | 2.82 | 9.52 | 6.10 |
| Interest earned | 1,461.00 | 1,608.00 | 1,657.00 | 1,714.00 | 1,936.00 | 2,044.00 | 2,201.00 | 2,273.00 | — | — | — | 2,236.00 | 2,251.00 | 2,244.00 | 2,513.00 | 2,998.00 |
| Fees and commission income | 1.00 | 10.00 | 2.00 | 7.00 | 4.00 | 31.00 | 47.00 | 46.00 | — | — | — | 5.00 | 11.00 | 11.00 | 16.00 | 12.00 |
| Net gain on fair value changes | 10.00 | 54.00 | 30.00 | 0.00 | 55.00 | 27.00 | 31.00 | 29.00 | — | — | — | 0.00 | 1.00 | 1.00 | -2.00 | 3.00 |
| Dividend income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|
| Revenue from operations | 5,465.00 | 6,331.00 | 6,061.00 | 6,684.00 | 8,848.00 | 9,509.00 |
| Other income | 86.00 | 44.00 | 65.00 | 66.00 | 72.00 | 15.00 |
| Total income | 5,551.00 | 6,375.00 | 6,126.00 | 6,750.00 | 8,920.00 | 9,525.00 |
| Cost of materials consumed | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchases of stock-in-trade | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Employee benefit expense | 830.00 | 843.00 | 1,125.00 | 1,469.00 | 1,597.00 | 1,851.00 |
| Finance costs | 1,832.00 | 2,219.00 | 2,011.00 | 2,188.00 | 2,866.00 | 3,786.00 |
| Depreciation and amortisation | 164.00 | 171.00 | 198.00 | 204.00 | 246.00 | 307.00 |
| Other expenses | 456.00 | 366.00 | 496.00 | 515.00 | 622.00 | 676.00 |
| Total expenses | 3,544.00 | 4,059.00 | 4,343.00 | 4,709.00 | 5,961.00 | 8,254.00 |
| Profit before exceptional items and tax | 2,007.00 | 2,316.00 | 1,784.00 | 2,041.00 | 2,960.00 | 1,270.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 2,007.00 | 2,316.00 | 1,784.00 | 2,041.00 | 2,960.00 | 1,270.00 |
| Current tax | 534.00 | 679.00 | 443.00 | 523.00 | 801.00 | 555.00 |
| Deferred tax | -7.00 | -88.00 | 11.00 | 18.00 | -39.00 | -278.00 |
| Tax expense | 527.00 | 591.00 | 455.00 | 541.00 | 762.00 | 277.00 |
| Profit for the period | 1,480.00 | 1,725.00 | 1,329.00 | 1,500.00 | 2,197.00 | 993.00 |
| Profit attributable to owners | 1,468.00 | 1,724.00 | 1,328.00 | — | 2,189.00 | 1,003.00 |
| Profit attributable to non-controlling interests | 13.00 | 1.00 | -0.00 | — | 9.00 | -10.00 |
| Other comprehensive income | -6.00 | -16.00 | -8.00 | 27.00 | -13.00 | 116.00 |
| Total comprehensive income | 1,474.00 | 1,709.00 | 1,321.00 | 1,527.00 | 2,185.00 | 1,109.00 |
| Earnings per share, basic | 17.54 | 20.40 | 15.70 | 17.72 | 25.96 | 23.44 |
| Earnings per share, diluted | 17.49 | 20.40 | 15.70 | 17.72 | 25.96 | 23.42 |
| Interest earned | 5,217.00 | — | 5,840.00 | 6,440.00 | 8,455.00 | 9,251.00 |
| Fees and commission income | 104.00 | — | 23.00 | 20.00 | 127.00 | 43.00 |
| Net gain on fair value changes | 126.00 | — | 117.00 | 104.00 | 142.00 | -0.00 |
| Dividend income | 9.00 | — | 11.00 | 0.00 | 0.00 | 0.00 |
| Rental income | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Total assets | 37,003.00 | 39,504.00 | 44,308.00 | 46,748.00 | 52,416.00 | 51,657.00 | 74,559.00 |
| Property, plant and equipment | 367.00 | 432.00 | 439.00 | 440.00 | 480.00 | 512.00 | 501.00 |
| Capital work-in-progress | 14.00 | 16.00 | 24.00 | 33.00 | 7.00 | 13.00 | 27.00 |
| Goodwill | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 | 36.00 |
| Other intangible assets | 660.00 | 626.00 | 618.00 | 594.00 | 53.00 | 63.00 | 52.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash and cash equivalents | 2,965.00 | 2,500.00 | 4,237.00 | 2,550.00 | 4,166.00 | 1,910.00 | 5,048.00 |
| Total equity and liabilities | 37,003.00 | 39,504.00 | 44,308.00 | 46,748.00 | 52,416.00 | 51,657.00 | 74,559.00 |
| Equity | 8,975.00 | 9,665.00 | 10,597.00 | 11,577.00 | 12,561.00 | 12,721.00 | 16,057.00 |
| Equity share capital | 169.00 | 169.00 | 169.00 | 169.00 | 169.00 | 169.00 | 188.00 |
| Other equity | 8,788.00 | 9,476.00 | 10,403.00 | 11,379.00 | 12,359.00 | 12,543.00 | 15,863.00 |
| Total liabilities | 28,028.00 | — | — | — | 39,855.00 | 38,937.00 | 58,502.00 |
Cash flow, as filed
| Line | 2022-03-31 | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -423.00 | 970.00 | -3,103.00 | -1,097.00 | -9,681.00 | -2,224.00 | -2,487.00 | 20,238.00 |
| Net cash from investing activities | -193.00 | -2,616.00 | -616.00 | -302.00 | -320.00 | -214.00 | -400.00 | -1,632.00 |
| Net cash from financing activities | 438.00 | 2,240.00 | 3,849.00 | 3,149.00 | 10,051.00 | 4,055.00 | 1,715.00 | 24,721.00 |
| Purchase of property, plant and equipment | 15.00 | 59.00 | 0.00 | 50.00 | -136.00 | 101.00 | 77.00 | 0.00 |
| Net increase in cash | -177.00 | 594.00 | 130.00 | 1,751.00 | 49.00 | 1,616.00 | -1,172.00 | 43,327.00 |
| con:CFO.BEFORE_TAX | -3,304.00 | -372.00 | -5,667.00 | -2,422.00 | -5,692.00 | -4,165.00 | -4,831.00 | 11,848.00 |
| con:INTEREST_RECEIVED.OPERATING | 4,809.00 | 2,239.00 | 4,580.00 | 2,424.00 | -4,971.00 | 3,258.00 | 3,836.00 | 7,873.00 |
| con:INTEREST_PAID.OPERATING | 1,405.00 | 662.00 | 1,547.00 | 759.00 | -1,822.00 | 950.00 | 1,264.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | -11.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 |
| con:TAX_PAID.OPERATING | 513.00 | 235.00 | 469.00 | 339.00 | 840.00 | 367.00 | 229.00 | -516.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:PPE_DISPOSALS | -162.00 | 1.00 | -172.00 | -18.00 | 1.00 | 4.00 | -5.00 | 11.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-27 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 35.20 | 35.20 | 35.20 | 35.20 | 35.24 | 35.25 | 35.25 | 35.25 | 35.25 | 0.35 | 0.35 | 0.32 | 0.32 | 0.42 |
| Domestic institutions | 10.68 | 12.25 | 12.15 | 9.50 | 9.34 | 10.97 | 7.88 | 8.00 | 8.62 | 0.09 | 0.11 | 0.13 | 0.13 | 0.15 |
| Mutual funds | — | — | — | — | — | — | — | — | 6.77 | 0.07 | 0.09 | 0.11 | 0.11 | 0.13 |
| Insurance companies | 0.59 | 1.07 | 1.25 | 1.05 | 1.17 | 1.11 | 0.40 | 0.63 | 0.86 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Foreign institutions | 30.74 | 27.08 | 28.95 | 31.99 | 33.00 | 30.36 | 27.01 | 28.42 | 29.71 | 0.30 | 0.29 | 0.23 | 0.23 | 0.22 |
| Government | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 64.80 | 64.80 | 64.80 | 64.80 | 64.76 | 64.75 | 64.75 | 64.75 | 64.75 | 0.65 | 0.65 | 0.68 | 0.68 | 0.58 |
| Non-institutional | 23.38 | 25.47 | 23.70 | 23.31 | 22.42 | 23.42 | 29.86 | 28.33 | 26.41 | 0.25 | 0.25 | 0.32 | 0.32 | 0.21 |
| Shares outstanding | 846394729 | 846434729 | 846434729 | 846434729 | 846434729 | 846434729 | 846434729 | 846434729 | 846434729 | 846434729 | 846434729 | 939336102 | 939336102 | 939336102 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| MANAPPURAM GROUP GRATUITY TRUST | Promoter is the managing trustee o | Any other transaction | 246,321,000.00 | 1 |
| MANAPPURAM FOUNDATION | Promoter is the managing trustee o | Any other transaction | 201,515,000.00 | 2 |
| Manappuram Comptech and Consultants Limited | Fellow subsidiary | Any other transaction, Purchase of fixed assets, Pur | 197,949,000.00 | 7 |
| MANAPPURAM COMPTECH AND CONSULTANTS LIMITED | subsidiary | Any other transaction | 124,528,000.00 | 5 |
| M/S ASIRVAD MICROFINANCE LIMITED | A public Company in which director | Any other transaction | 114,929,000.00 | 2 |
| Manappuram Finance Limited | Parent Company | Any other transaction, Interest paid, Purchase of go | 105,129,000.00 | 8 |
| Asirvad Micro Finance Limited | Subsidiary | Any other transaction, Interest received | 87,986,000.00 | 9 |
| M/S Manappuram Finance Limited | A public Company in which director | Any other transaction | 83,604,000.00 | 1 |
| V P NANDAKUMAR | Director | Any other transaction, Remuneration | 61,238,000.00 | 2 |
| M/S Manappuram Home Finance Ltd | A public Company in which director | Any other transaction | 57,409,000.00 | 1 |
| Manappuram Foundation | A trust in which a Director is Man | Any other transaction | 18,866,000.00 | 1 |
| MANAPPURAM ASSETS FINANCE LTD | A public Company in which director | Any other transaction | 11,891,000.00 | 1 |
| MABEN NIDHI LTD | A public Company in which director | Any other transaction | 11,114,000.00 | 2 |
| Manappuram Home Finance Limited | subsidiary | Any other transaction | 11,024,000.00 | 7 |
| Manappuram Finance Ltd | Parent Company | Any other transaction | 10,122,000.00 | 5 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-17 | Q1FY26 | ASIRVAD MICROFINANCE, MANAPPURAM FINANCE LIMITED, MANAPPURAM HOME FINANCE, – ASIRVAD MICRO | Read the call |
| 2024-11-11 | Q2FY25 | LIMITED | Read the call |
| 2024-08-20 | Q1FY25 | LIMITED, MANNAPURAM HOME FINANCE | Read the call |
| 2024-05-30 | Q4FY24 | LIMITED, MANNAPURAM HOME FINANCE | Read the call |
| 2024-02-12 | Q3FY24 | LIMITED | Read the call |
| 2023-11-17 | Q2FY24 | LIMITED, MANNAPURAM HOME FINANCE | Read the call |
| 2023-08-17 | Q1FY24 | LIMITED | Read the call |
| 2022-08-10 | Q1FY23 | CFO,, FINANCE, MANAPPURAM FINANCE LIMITED, LIMITED, MICROFINANCE LIMITED, RAJESH | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY23 | Q1FY24 | Q1FY25 | Q1FY26 | Q2FY24 | Q2FY25 | Q3FY24 | Q4FY24 |
|---|---|---|---|---|---|---|---|---|
| Capital allocation | — | So, customer acquisition is seen improving, and that is the reason for our expectation to grow at a rate of 10% to 12% annually, which has been told e… | But when I look at the customer acquisition number or volume, it is 4.2 lakh customer acquired in Q1. And it it is pretty similar to Q4. Q4 was 4.1 la… | August 11, 2026 The Board has declared an interim dividend of INR1 for this quarter. | Because I can see that the new customer acquisition number has been pretty stable over the past two quarters. | The Board has declared an interim dividend of INR1 for the quarter. | So that gives us the confidence and our new customer acquisition remains at a steady level of 5,000 to 8,000 new customers every day. | As India is poised to reap a huge demographic dividend until 2050, NBFCs have a great opportunity to continue tapping this segment and expand their cr… |
| Debt and cash | There was some growth but after that this year the spend without these lower segment was less, but post- COVID, post monsoon, when they go for purchas… | — | And after realizing that the rumours were false and also because of the monsoon coming, people will come and repay because this microfinance is helpin… | The income-generating asset, like income-generating gold loan, is given based on the assessed cash flows. | — | — | And at the same time, banks also now prefer term loans than working capital. | Because as I mentioned earlier, the customer who pledges has always thought about this cash flow. |
| Demand | The current situation is, from the lower performance the demand has not come to the level of pre-COVID. | See, these are by way of direct assignment etc. So, there is a good demand, this is a half year. | Adarsh, about gold loan, what has happened is that demand from our target audience went down. | India's macroeconomic fundamentals remain strong, supported by healthy domestic consumption, improving rural demand, sustained infrastructure spending… | So, we got some pent-up demand in Q2 and it will continue. | Factors like above normal rates in many states such as; Gujarat, Maharashtra, Kerala, Telangana, AP, West Bengal and the MP, rising price of essential… | — | According to a 2023 report by CAFRAL, an RBI-funded think tank, NBFCs and fintechs are the primary drivers of credit demand from the younger cohort an… |
| Guidance | We expected that to pick up when those school reopening season starts. | That is the reason this quarter the movement between Stage-2 and Stage-3, the impact on the P&L was high, but we expect the credit cost to overall rem… | Gold loan group guidance, have you revised to 15% for the year -- for full year FY '25? | Keeping that in mind, what is the gold loan growth guidance that you would like to give for FY27? | And we expect the coming quarters to remain good as far as gold loan is concerned. | We expect the repayments to improve from Q4 onwards as green shoots of improvement are starting to show up in Q3 We recognise the crucial role of micr… | So, the full effect has played out in Q3 or should we expect something in Q4 also from this risk weight guideline? | The outlook for NBFC sector looks promising. |
| Margin | — | — | And ultimately, what will be the margin impact then for us? | — | Regarding the secured PL product, the security is a mortgage where the margin, we lend up to 60% of the Manappuram Finance Limited November 13, 2023 v… | See this -- when business was running at a net interest margin of 10% and making an ROA of over 4%. | So about the gold loan yield, if the borrowing cost increases, that may be passed on to maintain the net interest margin, we wish to protect that. | There could be a slight dip in the net interest margin, but it will be overcome because of better growth. |
| People | — | — | — | Has the attrition increased or how that has moved over the last, say, two, three years? | And, is there a plan to accelerate that number and stop the attrition? | — | — | So could you think that there could be some attrition because of this. |
| Pricing | I understand there was obviously pricing pressures related to the product. | — | — | So, the yield movement is largely, I mean, in last quarter, I think I alluded to the point that we had overcorrected in terms of the pricing that we h… | We have maintained the pricing discipline in a very competitive environment and improved upon the profitability. | As reported earlier, RBI has directed our major subsidiary, Asirvad Microfinance to desist from disbursement from 22 October '24, pointing out deficie… | See, the gold tonnage is decreasing because of the price increase. | — |
| Revenue growth | And sir, second question on your Slide 17 where you talk to Q- o-Q growth of gold loan for the banks, this is only personal gold loan, right? | And as I said, we are expecting a growth of 10% to 12% through new customer acquisition. | And do you see that if you take our growth compared to some of the peers where the reports were already published, our growth was a little lower durin… | Overall, the growth was 5.8% quarter-on-quarter and 7.2% year-on-year. | The company’s microfinance subsidiary, Asirvad, has posted an AUM of INR 10,950 crores, recording a growth of 43% year-on-year and a profit of INR 118… | Our consolidated assets under management was INR45,716 crores at the end of the quarter, achieving a growth of 17.4% year- on-year and 1.7% quarter-on… | And also wanted to understand from you if that has any impact on the growth of the gold loan portfolio. | The company's microfinance subsidiary, Asirvad has posted an AUM of INR11,881 crores, showing a growth of 18% year-on-year and a profit of INR458 cror… |