1. Manappuram Finance
stock logo

81% Buy

Manappuram Finance Share Price

MANAPPURAM

₹195.90+₹0.70 (0.36%) Past Year
₹194.00₹201.90
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • F&O (Option chain)

  • More

Company overview

About

arrow

Market cap

Market Cap Switch₹16,582 Cr

Open

₹195.30

Close

₹195.20

Circuit range

₹214.70 - ₹175.70

Day range

₹194.00 - ₹201.90

Year range

₹102.00 - ₹202.45

Volume

83,65,378

Avg. traded

₹198.12

Revenue (12m)

₹8,138 Cr

Manappuram Finance

Manappuram Finance Ltd was formerly known as Manappuram General Finance & Leasing Ltd. It is a non-banking finance company offering gold loans, vehicle finance, insurance, foreign exchange services, distribution of mutual funds and other financial products. The company operates in three segments — asset finance, gold loans and fee-based activities. Manappuram Finance Ltd has a strong pan-India presence with its network of over 5,000 branches serving over 58 lakh customers across the country. The company has assets under management (AUM) of over ₹37,086 crore and a workforce of more than 45,000 employees. The company operates in the housing finance business through its subsidiary Manappuram Home Finance Limited (MAHOFIN).

Business operations

The company;s origins go back to 1949 when it was founded by VC Padmanabhan in Kerala's Thrissur district. The company was incorporated in 1992 and it soon became the first NBFC in Kerala to receive a certificate of registration issued by the Reserve Bank of India.

The company entered into the forex business in 2002. As part of its portfolio expansion bid, Manappuram Finance began acting as a corporate agent for life and general insurance and ventured into vehicle finance, share trading and other similar businesses through its subsidiaries. The company started an instant money transfer facility in collaboration with Xpress Money Coinstar Instant Cash Zoha Ezremit and MoneyGram.

In 2006, the company's 100% subsidiary Manappuram Insurance Brokers Pvt Ltd received the insurance broking licence from the Insurance Regulatory and Development Authority (IRDA). The company became the first Kerala-based NBFC to receive investment from foreign institutional investors (FIIs) after the PE fund, Sequoia Capital, invested in Manappuram Finance along with Hudson Equity Holdings in 2007.

The next year, the company sold their entire investment in their subsidiary Manappuram Insurance Brokers Pvt Ltd to one of the directors.

As per the scheme of amalgamation Manappuram Finance Tamil Nadu Ltd was amalgamated with the company during 2009-10. In 2011, the company was renamed Manappuram Finance Ltd from Manappuram General Finance and Leasing Ltd.

In 2014, Manappuram Finance acquired Milestone Home Finance Limited from Jaypee Hotels Limited and renamed it Manappuram Home Finance Private Limited.

In 2020, Manappuram’s first-ever issue of US Dollar bonds was listed on the Singapore Stock Exchange. The company's consolidated net profit crossed ₹1,000 crore for the first time during FY 2019-20.

Manappuram Finance Ltd's promoter, VP Nandakumar controls nearly 35% of the company and a similar share is held by various Indian and foreign private equity funds. The remainder is dispersed among the public. The shares of Manappuram Finance are traded both on BSE and National Stock Exchange.

Manappuram Finance Ltd's market capitalisation stood at over ₹ 14,900 crores as of January 9, 2024. Manappuram Finance Ltd's share price has grown by close to 1% in the last three years.

Financial Highlights

The company's revenue from operation FY 2022-23 stood at ₹ 6,684.03 crore, recording a 10.28% year-on-year growth compared to ₹ 6,061 crore in FY 2021-22. Manappuram Finance reported a net profit of ₹ 1500.17 crore in FY23 as against ₹ 1,328.7 crore in FY22. The Net NPA of the Company stood at 1.15% in FY23 as compared to 2.72% in the previous financial year. Its earnings per share (EPS) increased to ₹ 17.72 in FY23 from ₹ 15.70 in the last financial year.

Read more

Manappuram Finance Key indicators

arrow

52 week high

₹202.45

52 week low

₹102.00

P/E ratio

8.11

P/B ratio

1.49

ROE

14.99%

ROCE

11.85%

Dividend yield

1.53%

Debt/Equity ratio

2.14

EPS

14.96

Learn more

Investment checklist: (4/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Buy

arrow

Buy

81%

Hold

6%

Sell

13%

This analysis is based on the reviews of 16 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

70.13%

Net profit margin

26.37%

ROE

14.99%

ROA

4.51%

ROCE

11.85%

Learn more

Manappuram Finance Shareholder returns

arrow

1 day

+0.36%

1 week

+1.19%

1 month

+15.54%

3 months

+13.47%

1 year

+54.37%

3 years

+34.69%

5 years

+54.01%

Revenue statement

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Cash flow

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Balance sheet

All values are in ₹ Crores (Cr)
arrow
Empty state

No data available at the moment

Manappuram Finance Share Price history

arrow
DayOpenCloseDay’s change
Fri, Apr 12 2024
₹195.30
₹195.90
+0.31%
Wed, Apr 10 2024
₹197.00
₹195.20
-0.92%
Tue, Apr 9 2024
₹195.95
₹195.90
-0.03%
Mon, Apr 8 2024
₹194.20
₹194.80
+0.31%
Fri, Apr 5 2024
₹195.50
₹191.90
-1.88%
Thu, Apr 4 2024
₹196.50
₹193.60
-1.50%
Wed, Apr 3 2024
₹184.00
₹194.05
+5.18%
Tue, Apr 2 2024
₹182.60
₹183.85
+0.68%

Shareholding info

arrow

Promoters (35.2%)

Mutual Funds (9.63%)

Retail and other (23.7%)

Foreign institutions-FII (28.95%)

Other domestic institutions (2.51%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹0.9/share

    Ex date 16 Feb 2024

    expand tab
  • Dividend • ₹0.85/share

    Ex date 24 Nov 2023

    expand tab
  • Dividend • ₹0.8/share

    Ex date 23 Aug 2023

    expand tab
  • Dividend • ₹0.75/share

    Ex date 24 May 2023

    expand tab
  • Dividend • ₹0.75/share

    Ex date 15 Feb 2023

    expand tab
  • Dividend • ₹0.75/share

    Ex date 22 Nov 2022

    expand tab
  • Dividend • ₹0.75/share

    Ex date 17 Aug 2022

    expand tab
  • Dividend • ₹0.75/share

    Ex date 27 May 2022

    expand tab
  • Dividend • ₹0.75/share

    Ex date 24 Feb 2022

    expand tab
  • Dividend • ₹0.75/share

    Ex date 24 Nov 2021

    expand tab

Learn more

Frequently asked questions