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Manappuram Finance Ltd Performance

Today's Low
194.00
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Today's High
201.90
52 Wk Low
102.00
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52 Wk High
202.45


Open

195.3

Traded Value (Cr)

163.88 Cr

Prev. Close

195.2

VWAP

198.12

Volume

28,31,096

Face Value

2

Manappuram Finance Ltd Fundamentals

Market Cap
₹ 16,522 Cr
P/E Ratio (TTM)
8.10
P/B Ratio
1.56
Debt to Equity
3.11
ROE
17.59 %
EPS (TTM)
24.11
Dividend Yield
1.54%
Book Value
124.90

Click here to know more about Fundamentals

Manappuram Finance Ltd F&O

Manappuram Finance Ltd Option Chain

Manappuram Finance Ltd Financials

Manappuram Finance Ltd Financials

Manappuram Finance Ltd Shareholding Pattern

Held By Dec 2023 Sep 2023 Jun 2023 Mar 2023
Promoters 35.20 % 35.20 % 35.20 % 35.20 %
FII 28.95 % 27.08 % 30.74 % 30.17 %
Retail 18.27 % 19.14 % 18.23 % 17.94 %
Mutual Funds 9.63 % 10.00 % 9.27 % 10.56 %
Others 7.96 % 8.58 % 6.56 % 6.13 %

Promoters

35.20%

FII

28.95%

Retail

18.27%

Mutual Funds

9.63%

Others

7.96%

Promoters

35.20%

FII

27.08%

Retail

19.14%

Mutual Funds

10.00%

Others

8.58%

Promoters

35.20%

FII

30.74%

Retail

18.23%

Mutual Funds

9.27%

Others

6.56%

Promoters

35.20%

FII

30.17%

Retail

17.94%

Mutual Funds

10.56%

Others

6.13%

Resistance and Support

₹172.48

PIVOT

resistance-arrow
Resistance
First Resistance₹174.217
Second Resistance₹175.533
Third Resistance₹177.267
support-arrow
Support
First Resistance₹171.167
Second Resistance₹169.433
Third Resistance₹168.117
RSI87.405
MACD13.888
ADX19.763
CCI107.225

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day2,831,0962,538,17130.34
Week5,428,1762,188,52937.28
1 Month7,349,8832,931,93741.39
6 Months2,831,0961,013,80635.81

About Manappuram Finance Ltd

Manappuram Finance Limited (MAFIL) (Formerly known as Manappuram General Finance and Leasing Limited) is one of the largest NBFCs in India predominantly dealing in gold loans. The Company offers a range of retail credit products and financial services. It has a diversified lending portfolio encompassing retail, microfinance, SME and commercial customers. It has been the second-largest gold finance NBFC in India. The Company makes credit against the security of used household gold jewellery. The Company has a strong pan-India presence through its 5,000 strong branch network, spread across 28 states and 4 union territories, serving a customer base of more than 5.09 million. In addition to gold finance, it is focusing on affordable housing finance, vehicle and equipment finance, which includes commercial vehicle loans, two-wheeler loans, tractor & car loans, microfinance, SME finance, project and industrial finance, corporate finance and insurance broking. The company operates its housing finance business under its subsidiary, Manappuram Home Finance Limited (MAHOFIN). Manappuram Finance Limited was incorporated on July 15, 1992. During the year 1994-95, the company opened new branches in Calicut, Guruvayur, Ernakulam and Thriprayar. In the year 2002, they started Forex business as a part of its diversification. During the year 2002-03, the company opened 8 new branches in various places. During the year 2003-04, the company entered into various diversified activities as acting as corporate agents for life and general insurance, vehicle finance, acting as full-fledged money changers, online share trading, instant money transfer, etc, through and with their 100% subsidiary. Also, they commenced instant money transfer facility, in collaboration with Xpress Money, Coinstar, Instant Cash, Zoha, Ezremit and MoneyGram. During the year 2004-05, the company acquired 100% equity shares in Manappuram Insurance Agents and Brokers Ltd. Also, they widened their activities further, by opening 14 new branches in various places. During the year 2006-07, the company was granted the prestigious Authorized Dealer Category II license by the Reserve Bank which will enable the company to undertake a wide range of non trade remittances apart from currency exchange transactions. In November 2006, the company's 100% subsidiary, Manappuram Insurance Brokers Pvt Ltd received the insurance Broking Licence from the Insurance Regulatory and Development Authority (IRDA). During the year 2008-09, the company strengthened their IT infrastructure and systems to support their operations. The connectivity to branches was also upgraded so as to provide improved information flow to branches and to further support the collection system. The company acquired the entire assets and liabilities of Manappuram Printers, a sole proprietorship, which is in the business of trading in stationery items, for a total consideration of Rs 10 million. In November 4, 2008, the company sold their entire investment in their subsidiary, Manappuram Insurance Brokers Pvt Ltd to one of the directors' of the company for an amount of Rs 5.86 million. During the year 2009-10, as per the scheme of amalgamation, Manappuram Finance Tamilnadu Ltd was amalgamated with the company. Also, they opened their 1001st branch in Thrissur. During 2011, the company adopted a new name of Manappuram Finance Ltd in place of earlier name Manappuram General Finance and Leasing Ltd. The company also came with a Bonus issue in the Ratio of 1:1 In 2012, Manappuram Finance's assets under management (AUM) crossed Rs 10000 crore mark. The company's branch network reached 2,908, with more than 850 branches added in FY 2012. In 2014, Manappuram Finance pioneered the introduction of shorter tenure loan products (3 to 9 months) with lower LTV for longer tenure loans. During the year, Manappuram Finance acquired full ownership of Milestone Home Finance Limited from Japyee Hotels Limited and renamed it as Manappuram Home Finance Private Limited. During the year, equity shares of Manappuram Finance were listed on the National Stock Exchange. The Board of Directors of Manappuram Finance at its meeting held on 23 September 2014 considered and approved the commencement of business of Micro Financing either as a separate division of the company or by acquiring existing companies in micro financing activity. The Board also approved commencement of Commercial Vehicles financing business and depository participant business. The Board of Directors of Manappuram Finance at its meeting held on 23 December 2014 approved the acquisition of 70% stake in Asirvad Micro Finance Pvt. Ltd., Chennai subject to approvals from Reserve Bank of India and to execute necessary agreements to conclude the transaction. The company intends to increase its stake up to 85% by infusion of additional capital. The total capital commitment will be close to Rs 136 crore. In February 2015, the company acquired Chennai based Asirvad Microfinance Pvt. Ltd. having assets under management (AUM) of a little short of Rs 300 crore. Asirvad is an NBFC operating as a micro finance institution (NBFCMFI). The company is carrying on the business of micro finance with about 115 branches spread across Tamil Nadu, Kerala and Karnataka. The Board of Directors of Manappuram Finance Ltd at its meeting held on 14 August 2015 approved the acquisition of Manappuram Insurance Brokers Pvt Ltd for the consideration of Rs 1.55 crore subject to the approval of RBI and IRDAI. On 2 January 2016, Manappuram Finance Ltd informed the stock exchanges that the company has acquired 100% equity shares of Manappuram Insurance Brokers Pvt. Ltd (MIBPL) by way of transfer of shares from existing shareholders of MIBPL for the total consideration amount of Rs 1.55 crore. MIBPL is acting as brokers for insurance companies in India doing life insurance and general insurance and having valid license issued by IRDAI and is also a member of Insurance Brokers Association of India, Hyderabad. MIBPL clocked turnover of Rs 1.02 crore in FY 2014-15. The Board of Directors of Manappuram Finance at its meeting held on 2 November 2017 approved equity infusion of up to Rs 50 crore in its subsidiary Asirvad Microfinance Limited. The Company commenced SME business in November 2017 to serve the under served segment and help them grow their businesses. In Jul' 18, Manappuram Finance through the securities purchase agreement acquired 85.39% of the share capital of Indian School Finance Company Private Limited (ISFC). In 2019, the Company acquired a new subsidiary company, Manappuram Comptech and Consultants Limited [MACOM]. Company holds 93.33% equity shares of Asirvad Microfinance Limited, 100% equity shares of Manappuram Home Finance Limited, 100% equity shares of Manappuram Insurance Brokers Limited and 81.07% of Manappuram Comptech and Consultants Limited as on 31 March, 2019. A new loan product called 'Gold Loan' was launched in Odisha and West Bengal on March 10, 2021. The Company's consolidated AUM grew by 17.20% to Rs 3,54,523 million during the year 2023 owing to rapid growth in the microfinance (39.70%), housing finance (29.60%) and vehicle finance (49.40%) AUMs. As on Mar'31, 2023, the Company's Gold Loan Branches stood at 3,524. The Company holds 97.60% equity shares of M/s. Asirvad Microfinance Limited, 100% equity shares of M/s. Manappuram Home Finance Limited, 100% equity shares of M/s. Manappuram Insurance Brokers Limited and 99.81% of Manappuram Comptech and Consultants Limited as on March 31, 2023. The Company has a strong Pan-India presence through its strong network of 5,232 branches across 28 states and 4 union territories and serves more than 5.09 million active customers during 2022-23.

Managing Director

V P Nandakumar

Founded

1992

NSE Symbol

MANAPPURAM

Manappuram Finance Ltd Management

NameDesignation
V P NandakumarManaging Director & CEO
V R RamachandranNon-Exec. & Independent Dir.
P ManomohananNon-Exec. & Independent Dir.
Manoj Kumar V RCompany Sec. & Compli. Officer
Abhijit SenNon-Exec. & Independent Dir.
Harshan KollaraDirector
Shailesh J MehtaChairman (Non-Executive)
Sekaripuram Ramanath BalasubramanianDirector
Pratima RamIndependent Director
V P SeemandiniIndependent Director
Sumitha JayasankarWhole-time Director

Manappuram Finance Ltd News

Manappuram Finance board OKs raising upto Rs 6,000 cr
Manappuram Finance informed that its board has approved fund-raising for FY 2024-25, which includes issuance of redeemable non-convertible debentures (NCDs) upto the overall limit of Rs 6,000 crore.
Board of Manappuram Finance approves fund raising program for FY 2025
At meeting held on 19 March 2024
Manappuram Finance board to mull fund raising proposal on 19 March
Manappuram Finance announced that its board will meet on Tuesday, 19 March 2024 to consider and approve the borrowing program and business plan for FY 2024-25.
Manappuram Finance to conduct board meeting
On 19 March 2024
Manappuram Finance allots NCDs aggregating Rs 200 cr
On private placement basis
Manappuram board approves Rs 600-crore NCD issue proposal
Manappuram Finance said that its board has approved the issuance of non-convertible debentures (NCDs) having a face value of Rs 1 lakh each, for an aggregate amount of Rs 600 crore on private placement basis.
Manappuram Finance to raise Rs 600 cr via NCD issuance
Board of Manappuram Finance recommends interim dividend
Of Rs 0.9 per share
Manappuram Finance consolidated net profit rises 46.08% in the December 2023 quarter
Sales rise 34.41% to Rs 2305.28 crore
Manappuram Finance to convene board meeting
On 7 February 2024

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Manappuram Finance Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Manappuram Finance Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Manappuram Finance Ltd's share price is ₹195.90 as of April 12, 2024

Manappuram Finance Ltd's P/E ratio is 8.10 times as of April 12, 2024.

Manappuram Finance Ltd's most recent financial reports indicate a price-to-book ratio of 1.56, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Manappuram Finance Ltd's market is 16,522 Cr as on April 12, 2024.

The current financial records of Manappuram Finance Ltd show a 17.59% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Manappuram Finance Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Manappuram Finance Ltd's 52-week high and low as of April 12, 2024 are ₹201.9 and ₹194 respectively.

As of the Dec 2023 quarter, the promoter shareholding in Manappuram Finance Ltd stands at 35.20%. During the same period, Institutional Investors have shown a slight increase in their holdings, rising from 27.08% to 28.95%.