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Earnings Call

Manappuram Finance Earnings Call: Key Takeaways

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.

Highlights
Revenue growth10.7% YoY in Q4; FY26 total revenue ₹9,509cr.
MarginsNIM improved; yield expected to stabilize between 17.5%-18%.
Demand visibilityStrong customer demand for gold loans fueled by high prices.
Management confidenceHigh on gold loans; cautious but optimistic on MFI recovery.

Growth

Gold AUM grew 99.1% YoY to ₹50,953cr. Consolidated revenue rose 10.7% YoY; FY26 PAT was ₹993cr.

Outlook

Targeting 15%+ ROE; plans to open 500-550 new gold loan branches; focus on high-yield, lower ticket sizes.

Risks

Asset quality stress in unsecured segments; vehicle finance write-off of ₹84cr/₹136cr; elevated competition and geopolitical headwinds.

Source

Earnings Call filed with BSE, NSE: MANAPPURAM. Summary written with AI assistance from the document.

Read the document ↗

Manappuram Finance Ltd: key numbers

Share price
₹334.00
Market cap
₹28,271 Cr
Revenue (annual)
₹9,509 Cr
Net profit (annual)
₹1,003 Cr
P/E (TTM)
19.5×Sector 22.0×
Promoter holding
41.66%+9.89% QoQ
FII holding
22.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

More from Manappuram Finance Ltd

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15:02 IST BSE
Debt & Borrowing

Manappuram Finance Debt & Borrowing: ₹375 Cr

Manappuram Finance has successfully redeemed Commercial Paper worth ₹375 Crore upon maturity on September 16, 2026. The outstanding amount is now zero.

Value
₹375.0 Cr
16:08 IST BSE
Debt & Borrowing

Manappuram Finance Debt & Borrowing: ₹250 Cr

Manappuram Finance has completed the redemption of listed Commercial Papers worth ₹250 Crore on their maturity date of September 15, 2026.

Value
₹250.0 Cr
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Management Change

Manappuram Finance Management Change

Manappuram Finance informed the exchange that two senior business heads resigned for personal reasons. The departures take effect from 15 and 16 September 2026.

17:06 IST BSE
Share Pledge

Manappuram Finance Share Pledge

Promoter V.P. Nandakumar created a pledge on 17.18 lakh shares of Manappuram Finance, valued at ₹55 Crore.

Value
₹55.00 Cr
16:35 IST BSE
Debt & Borrowing

Manappuram Finance Debt & Borrowing: ₹300 Cr

Manappuram Finance redeemed commercial papers worth ₹300 Crore upon maturity. This confirms the repayment of the debt instrument.

Value
₹300.0 Cr
16:55 IST BSE
Debt & Borrowing

Manappuram Finance Debt & Borrowing

Manappuram Finance has fixed October 29, 2026, as the record date for the redemption payment of Commercial Paper (ISIN: INE522D14PW4).