Manappuram Finance
Q2 FY27 PAT ₹701 Cr (+223% YoY) on gold AUM +92.5%, but revenue rose only 10.2%. Gold stage-2 spiked to ~5% from ~0.5% a year ago; overlays unquantified.
ALFA Concalls
Every earnings call, live and summarised
Earnings calls
Every Manappuram Finance earnings call we streamed: the live audio and our summary of what management said.
Q2 FY27 PAT ₹701 Cr (+223% YoY) on gold AUM +92.5%, but revenue rose only 10.2%. Gold stage-2 spiked to ~5% from ~0.5% a year ago; overlays unquantified.
Q2 FY27 PAT ₹701 Cr (+223% YoY) on gold AUM +92.5%, but revenue rose only 10.2%. Gold stage-2 spiked to ~5% from ~0.5% a year ago; overlays unquantified.
Gold AUM growth 25-30% FY27; ~500 branches by March 2027; exit borrowing cost near 9%, up 25-30 bps.
Manappuram Finance reports strong Q1 FY27 growth, driven by an 86% YoY surge in Gold Loan AUM. However, management is pivotting toward secured lending while intentionally moderating growth in the underperforming Microfinance and Vehicle Finance segments.
Manappuram Finance Q4 FY26 revenue reached ₹2,614cr (up 11% QoQ) and PAT ₹405cr. Strategy focuses on gold loan dominance while cautiously stabilizing microfinance (Asirvad) and vehicle finance portfolios.
Manappuram delivered a solid Q4 FY26 with strong gold loan momentum, though non-gold segments like microfinance show ongoing asset quality stress despite strategic shifts.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.