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Manappuram Finance Ltd

(MANAPPURAM)

₹151.550.84%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals
F&O

Manappuram Finance Ltd Analyst Rating

based on 13 analysts

HOLD

33.33%

Buy

50.00%

Hold

16.67%

Sell

Based on 13 analysts offering long term price targets for Manappuram Finance Ltd. An average target of ₹185.46

Source: S&P Global Market Intelligence

Manappuram Finance Ltd Share analysis

Manappuram Finance Ltd price forecast by 13 analysts

Upside of22.38%

High

₹260

Target

₹185.46

Low

₹120

Manappuram Finance Ltd target price ₹185.46, a slight upside of 22.38% compared to current price of ₹151.55. According to 13 analysts rating.

Source: S&P Global Market Intelligence

Manappuram Finance Ltd Performance

  • Day's Low

    Day's High

    ₹149.16
    ₹152.23
  • 52 Week's Low

    52 Week's High

    ₹138.35
    ₹230.4
1 Month Return+ 3.34 %
3 Month Return-29.54 %
1 Year Return-0.56 %
Previous Close₹150.29
Open₹151.60
Volume68.36L
Upper Circuit-
Lower Circuit-
Market Cap₹12,721.07Cr

Manappuram Finance Ltd Key Statistics

P/E Ratio5.66
PEG Ratio1.2
Market Cap₹12,721.07 Cr
P/B Ratio1.42
EPS25.96
Dividend Yield1.91
SectorFinance
ROE17.15

Manappuram Finance Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹12,721.07 Cr-1.08%0.84₹2,197 Cr₹8,848 Cr
NA₹33,011.91 Cr137.41%0.50₹384 Cr₹385 Cr
BUY₹17,326.27 Cr39.22%0.89₹1,974 Cr₹10,471 Cr
BUY₹7,229.46 Cr19.84%0.50₹155 Cr₹3,171 Cr
NA₹9,718.46 Cr-3.52%0.68₹528 Cr₹9,523 Cr

About Manappuram Finance Ltd

Manappuram Finance Limited (formerly known as Manappuram General Finance and Leasing Limited) is India’s second-largest Non-Banking Finance Corporation (NBFC), predominantly dealing in gold loans with a large pan-India presence. With a 5000-branch network spread across 28 states and 4 union territories, the company serves more than 5.09 million customers. They have a diversified lending portfolio including retail microfinance, Small and Medium Enterprise (SME) loans, commercial customers, affordable housing finance, vehicle and equipment finance, etc. They are also involved in activities like acting as corporate agents, online share trading, money transfer, etc. as a part of diversifying their offerings. They have stepped up their IT infrastructure and systems to support operations, and have widened their activities further by opening branches. With their acquisition of Asirvad Microfinance Pvt. Ltd., their assets under management has grown to Rs. 10,000 crore. Manappuram Finance Limited has ventured into the cashless market with an improved Online Gold Loan solution and as of March 2021, they have 23.69 lakhs active gold loan customers.

Share Price: ₹151.55 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹12,721.07Cr as of today
Revenue: ₹2,637.14Cr as on September 2024 (Q3 24)
Net Profit: ₹572.08Cr as on September 2024 (Q3 24)
Listing date: 30 Jun, 2010
Chairperson Name: Shailesh J Mehta
OrganisationManappuram Finance Ltd
HeadquartersMumbai
IndustryFinance
E-voting on sharesClick here to vote

Key events for Manappuram Finance Ltd

  • Manappuram Finance Announces Dividend Amid Stock Fluctuations - 18 Nov, 2024

    On November 18, 2024, Manappuram Finance declared an interim dividend of Re 1 per share. The stock experienced fluctuations, falling initially but recovering later. Caution was expressed regarding regulatory uncertainties and potential stake buyouts.

  • Manappuram Finance Declares Interim Dividend Announcement - 15 Nov, 2024

    Manappuram Finance has declared an interim dividend of Re 1 per share, with November 18 set as the record date for shareholders. Payments will be dispatched by December 4, 2024.

  • Manappuram Finance Declares Interim Dividend Announcement - 14 Nov, 2024

    Manappuram Finance Ltd has declared an interim dividend of ₹1 on a face value of ₹2 per share, with November 18, 2024, set as the record date for shareholder eligibility.

  • Bain Capital Eyes Controlling Stake in Manappuram - 13 Nov, 2024

    Bain Capital is reportedly negotiating to acquire a controlling stake in Manappuram Finance, as the founding family considers a potential exit. The discussions come amid regulatory challenges and mixed results in diversification efforts for the gold loan provider.

  • Manappuram Finance Reports Q2 Growth Amid Challenges - 06 Nov, 2024

    Manappuram Finance's Q2 results show a 2% profit increase to ₹572.1 crore, driven by gold loans. However, AUM growth is the lowest in six quarters, causing a share price drop. Morgan Stanley maintains a cautious outlook with a target price of ₹170, while management reassures on liquidity for its microfinance subsidiary amid RBI restrictions.

  • Manappuram Finance Reports Q2 Growth Amid Market Optimism - 05 Nov, 2024

    Manappuram Finance's stock rose ahead of its Q2 FY25 earnings report, which revealed a 2% net profit increase to ₹571 crore, driven by strong gold loan performance.

  • Manappuram Finance Faces Rising Stress in Q2 - 31 Oct, 2024

    Manappuram Finance's unit, Asirvad Microfinance, reported increased stress with Gross NPAs rising to 4.34%. Provisions surged 19%, impacting net profit, which fell 36%. The RBI's loan sanction ban adds to concerns.

  • Manappuram Finance Faces Decline Amid RBI Action - 22 Oct, 2024

    Manappuram Finance shares have fallen significantly following RBI's restrictions on its subsidiary, Asirvad Micro Finance, due to pricing policy concerns. The stock has seen a sharp decline of 21% in a week, raising investor caution.

  • Manappuram Finance Faces Significant Stock Decline - 21 Oct, 2024

    Manappuram Finance shares have plummeted due to RBI's directive halting loan disbursements by its subsidiary, Asirvad Micro Finance, leading to multiple downgrades by brokerages.

Insights on Manappuram Finance Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 554.62 Cr → 570.65 Cr (in ₹), with an average increase of 2.8% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 11 quarters, 1.49K Cr → 2.63K Cr (in ₹), with an average increase of 5.5% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.61% to 9.49% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 35.24% to 35.25% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 22.42% to 23.42% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Muthoot Finance Ltd has given 44.7% return, outperforming this stock by 45.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cholamandalam Investment & Finance Company Ltd has given 99.3% return, outperforming this stock by 114.2%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 33.00% to 30.36% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, MANAPPURAM stock has moved down by -29.5%

Manappuram Finance Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹2,174.02Cr (-)₹2,326.68Cr (↑7.02%)₹2,362.22Cr (↑1.53%)₹2,511.93Cr (↑6.34%)₹2,637.14Cr (↑4.98%)
Net Income₹560.65Cr (-)₹575.31Cr (↑2.61%)₹563.49Cr (↓2.05%)₹556.52Cr (↓1.24%)₹572.08Cr (↑2.80%)
Net Profit Margin25.79% (-)24.73% (↓4.11%)23.85% (↓3.56%)22.16% (↓7.09%)21.69% (↓2.12%)
Value in ₹ crore
Details2021202220232024
Total Assets₹25,653.99Cr (-)₹26,970.60Cr (↑5.13%)₹29,337.50Cr (↑8.78%)₹33,972.63Cr (↑15.80%)
Total Liabilities₹18,752.27Cr (-)₹19,027.72Cr (↑1.47%)₹20,357.59Cr (↑6.99%)₹23,623.36Cr (↑16.04%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow-₹2,506.04Cr (-)₹150.26Cr (↓106.00%)-₹111.85Cr (↓174.44%)-₹314.01Cr (↑180.74%)-₹2,862.91Cr (↑811.73%)

Index Inclusions

DFRGRI Indices

₹1,410.72

1.07 (15%)

S&P BSE Fin. Ser

₹11,333.40

1.37 (153.1%)

S&P BSE 400 MidSmallCap

₹11,760.86

1.18 (137.44%)

S&P BSE SmallCap Select

₹7,835.84

0.91 (70.77%)

Nifty Smallcap 50

₹8,589.70

0.9 (76.2%)

Nifty MidSmallcap 400

₹19,196.45

1.09 (206.7%)

Nifty Smallcap 250

₹16,912.30

0.98 (164.45%)

BSE 500

₹35,009.77

1.89 (648.36%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹6,797.77

0.93 (62.78%)

Nifty 500

₹22,225.55

1.85 (404.7%)

Nifty Small 100

₹17,755.55

0.9 (158.95%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

Manappuram Finance Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
35.25%
0.02
Foreign Institutions
30.36%
-7.98
Mutual Funds
9.49%
24.63
Retail Investors
23.42%
4.47
Others
1.49%
-14.30

Manappuram Finance Ltd Key Indicators

Details20202021202220232024
Return On Assets %6.176.724.935.16.44
Details20202021202220232024
Book Value Per Share (₹)67.6286.3498.87113.95136.43
Details20202021202220232024
Earning Per Share (₹)17.5220.3815.717.7225.96
Details20202021202220232024
Return On Equity %25.2427.717.5814.9717.15

Manappuram Finance Ltd Valuation

Manappuram Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.21x)

October 22, 2024

Today (5.66x)

November 22, 2024

Industry (25.43x)

November 22, 2024

Highest (15.83x)

May 3, 2018

LowHigh

Manappuram Finance Ltd Earnings and Dividends

  • Manappuram Finance Ltd Earnings Results

    Manappuram Finance Ltd’s net profit jumped 2.2% since last year same period to ₹570.65Cr in the Q2 2024-2025. On a quarterly growth basis, Manappuram Finance Ltd has generated 2.89% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Manappuram Finance Ltd Dividends November,2024

    In the quarter ending September 2024, Manappuram Finance Ltd has declared dividend of ₹1 - translating a dividend yield of 3.13%.

    Read More about Dividends

Manappuram Finance Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Manappuram Finance Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Manappuram Finance Ltd (MANAPPURAM) share price today is ₹151.55

Manappuram Finance Ltd is listed on NSE

Manappuram Finance Ltd is listed on BSE

  • Today’s highest price of Manappuram Finance Ltd is ₹152.23.
  • Today’s lowest price of Manappuram Finance Ltd is ₹149.16.

PE Ratio of Manappuram Finance Ltd is 5.66

PE ratio = Manappuram Finance Ltd Market price per share / Manappuram Finance Ltd Earnings per share

Today’s traded volume of Manappuram Finance Ltd(MANAPPURAM) is 68.36L.

Today’s market capitalisation of Manappuram Finance Ltd(MANAPPURAM) is ₹12721.07Cr.

Manappuram Finance Ltd(MANAPPURAMPrice
52 Week High
₹230.4
52 Week Low
₹138.35

Manappuram Finance Ltd(MANAPPURAM) share price is ₹151.55. It is down -34.22% from its 52 Week High price of ₹230.4

Manappuram Finance Ltd(MANAPPURAM) share price is ₹151.55. It is up 9.54% from its 52 Week Low price of ₹138.35

Manappuram Finance Ltd(MANAPPURAMReturns
1 Day Returns
1.26%
1 Month Returns
3.34%
3 Month Returns
-29.54%
1 Year Returns
-0.56%