Manappuram Finance Ltd

Manappuram Finance Ltd share price slipped 1.13% to Rs 345.0. The Company's net profit surged by 44.46% to Rs 584.77 crore, while revenue from operations increased 16.08% to Rs 3034.16 crore in Q2FY26 over Q1FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 16.9 lakh crore, easing 7.10%. It has softened by 0.09% over last one week and surged by 16.35% in last one month while the market capitalization of Manappuram Finance Ltd has slipped by 2.54% and 18.53% in the same period respectively. Profit before tax (PBT) of Manappuram Finance Ltd stood at Rs 781.82 crore in Q2 FY26, rallying 670.11% year-on-year, and jumping 38.67% quarter-on-quarter. EBITDA came in at Rs 848 crore, expanding by 395.23% YoY and surging by 37.78% sequentially. Total expenses posted a minor rise of 9.54% to Rs 2258.51 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 496.93 crore, inching up 1.71% YoY. For the TTM ended FY26, revenue from operations eased 5.01% to Rs 9509.39 crore, while net profit fell 17.51% to Rs 993.14 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 193133% to Rs 1546.18 crore, and PBT tumbled by 23.74% to Rs 1270.19 crore compared to previous TTM. Manappuram Finance Ltd jumped 29.24% in last one year, significantly outperforming the benchmark BSE Sensex which has eased by 4.97% during the same period.

Manappuram Finance Limited announced the allotment of Non-Convertible Debentures on a private placement basis, according to a filing with the BSE Limited and National Stock Exchange of India Limited on August 17, 2026. The company allotted 25,000 rated, subordinated, unsecured, listed, transferable, and redeemable NCDs with a face value of Rs 1,00,000 each, for an aggregate nominal value of Rs 2,50,00,00,000, and 60,000 NCDs with the same face value for an aggregate nominal value of Rs 6,00,00,00,000. Series A NCDs have a tenure of 6 years with an interest rate of 9.05% paid annually, while Series B NCDs have a tenure of 3650 days with an interest rate of 9.10% paid annually.

Manappuram Finance Ltd share price gained 0.44% to Rs 367.0 after the company's net profit soared by 44.46% to Rs 584.77 crore, while revenue from operations increased 16.08% to Rs 3034.16 crore in Q2FY26 over Q1FY26. The market capitalization of Non Banking Financial Company (NBFC) industry group stocks on BSE stood at Rs 17.08 lakh crore, gaining 6.36%. It has softened by 0.31% over last one week and surged by 16.61% in last one month while the market capitalization of Manappuram Finance Ltd has marginally improved by 3.38% and 31.57% in the same period respectively. Profit before tax (PBT) of Manappuram Finance Ltd stood at Rs 781.82 crore in Q2 FY26, expanding by 670.11% year-on-year, and jumping 38.67% quarter-on-quarter. EBITDA came in at Rs 848 crore, surging by 395.23% YoY and rallying 37.78% sequentially. Total expenses saw a slight increase of 9.54% to Rs 2258.51 crore in Q2FY26 over Q2FY25. During the quarter, employee benefits expense was at Rs 496.93 crore, ticking higher by 1.71% YoY. For the TTM ended FY26, revenue from operations declined slightly by 5.01% to Rs 9509.39 crore, while net profit contracted by 17.51% to Rs 993.14 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 193133% to Rs 1546.18 crore, and PBT tanked by 23.74% to Rs 1270.19 crore compared to previous TTM. Manappuram Finance Ltd rallied 43.30% in last one year, significantly outperforming the benchmark BSE Sensex which has softened by 2.56% during the same period.

Manappuram Finance Limited disclosed a deviation in the utilization of funds raised through two separate Non-Convertible Debenture offerings totaling Rs 1.175 Crores, completed on March 17, 2023. Filings for the quarter ended June 30, 2026, indicate a variation in the use of proceeds, though neither document provides an explanation for the deviation, a significant omission that could raise concerns for investors. The filings, referencing debentures INE522D07CK1 and INE522D07CL9, also include incomplete tables detailing the original and modified objectives, with all fields marked "NA." While shareholder and audit committee approval were not required, and the filings appear to meet basic regulatory requirements, the lack of transparency regarding the deviation’s specifics and impact warrants further scrutiny.

Manappuram Finance Limited will hold a board meeting on August 11, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, and to consider the declaration of an interim dividend, as well as to approve raising funds through the issuance of listed Non-Convertible Debentures (NCDs)/Bonds and Commercial Papers to enhance borrowing limits. The trading window for the company's securities will remain closed until August 14, 2026, according to a regulatory filing.

Manappuram Finance announced that the Annual General Meeting(AGM) of the company will be held on 12 August 2026.

Manappuram Finance announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 14 July 2026.

Manappuram Finance will hold a meeting of the Board of Directors of the Company on 23 June 2026.

Manappuram Finance will hold a meeting of the Board of Directors of the Company on 4 May 2026.

The company's board approved borrowing program for the financial year 2026-27, which inter-alia includes issuance of redeemable non-convertible debentures of up to Rs 7,400 crore by way of private placement and/or public issue in one or more tranches. Further, the company's board approved additional investment of Rs 7.90 crore in its subsidiary, Asirvad Micro Finance (AMFL), at Rs 44 per share, to be made in one or more tranches. The fund will be utilized to support the capex and working capital requirements of AMFL. Following the infusion, Manappuram Finance's stake in the subsidiary may increase to 99.06%. Furthermore, the board also approved additional investment in its wholly owned subsidiary, Manappuram Home Finance (MAHOFIN), up to an amount of Rs 150 crore at Rs 10 per share, in single or different tranches. The investment will support the capex and working capital requirements of MAHOFIN. Post infusion, the company will continue to hold 100%. Additionally, the board also approved the appointment of Narayanan Easwaran as the group chief technology officer (CTO) effective from 30 March 2026. Narayanan Easwaran is an experienced technology professional with over 25 years in banking technology and digital transformation. He has worked with leading institutions including Equitas Small Finance Bank, IDFC First Bank, ICICI Bank, and Kotak Mahindra Bank. As group CTO, he will provide strategic technology leadership, strengthen digital capabilities, and support the company's growth and transformation objectives. Manappuram Finance is a leading non-banking financial institution and the 2nd largest financier in the gold loan segment in India. It offers a wide range of products including gold loans, microfinance, housing finance, vehicle loans, and SME financing. The company's consolidated net profit declined 14.54% to Rs 241.06 crore on 8.07% fall in revenue from operations to Rs 2353.14 crore in Q3 December 2025 over Q3 December 2024. The scrip fell 1.08% to end at Rs 251 on the BSE. The stock market will remain closed on account of Mahavir Jayanti.Powered by Capital Market - Live