Manappuram Finance Ltd (MANAPPURAM) — shareholding pattern, promoter holding, financials and share price
About Manappuram Finance Ltd (MANAPPURAM)
Manappuram Finance Ltd operates in the Non Banking Financial Company (NBFC) industry, within the Financial Services sector. It trades on the NSE as MANAPPURAM and on the BSE under scrip code 531213. Its ISIN is INE522D01027.
Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important Non-Deposit taking NBFC(NBFC-ND).(Source : 202003 Annual Report Page No:120)
Manappuram Finance is an India-focused NBFC whose core business is retail lending against used household gold jewellery, complemented by microfinance, housing finance, vehicle and equipment finance, and MSME loans; it operates a pan-India branch network of over 5,000 outlets and serves roughly 2.6 million active customers through subsidiaries like Asirvad Microfinance and Manappuram Home Finance.
Q3 FY2026 consolidated AUM expanded to INR 52,125 crore driven by a sharp increase in gold loans to INR 38,754 crore, up 58% YoY and 23% QoQ; Online Gold Loan (OGL) adoption has accelerated and now represents about 92% of gold AUM, with rising average ticket sizes and materially higher AUM per branch indicating faster digital acceptance and deeper wallet penetration.
Listed peers in Non Banking Financial Company (NBFC): Mahindra & Mahindra Financial Services Ltd, Authum Investment & Infrastructure Ltd, Poonawalla Fincorp Ltd, Capri Global Capital Ltd, IIFL Finance Ltd, Five-Star Business Finance Ltd.
Valuation & Returns
10 Jul 2026At ₹340.75 a share on 10 Jul 2026, Manappuram Finance Ltd (MANAPPURAM) was valued at a price-to-earnings ratio of 32.23x against an industry P/E of 19.5x and a price-to-book of 2.57x on a book value of ₹132.35 per share as of Mar 2025. Solomo computes return on equity of 7.99% and return on capital employed of 6.84% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 32.23x
- Industry P/E
- 19.5x
- P/B
- 2.57x
- EPS (TTM)
- ₹10.57
- Book value / share
- ₹132.35
- ROE
- 7.99%
- ROCE
- 6.84%
- ROA
- 2.02%
- Debt / equity
- 2.85x
- Dividend yield
- 0.59%
- EBITDA margin
- 56.42%
- 52-week range
- ₹244.95 – ₹348.85
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Manappuram Finance Ltd (MANAPPURAM) reported revenue of ₹9,509 crore, net profit of ₹993 crore and earnings per share of ₹10.68. That compares with revenue of ₹10,007 crore and net profit of ₹1,204 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹2,614 crore and net profit ₹405 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 6,061 | 6,700 | 8,848 | 10,007 | 9,509 |
| Net profit (₹ cr) | 1,329 | 1,500 | 2,197 | 1,204 | 993 |
| EPS (₹) | 15.7 | 17.67 | 25.86 | 14.37 | 10.68 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 13.48% | 9.88% | 14.82% | 13.10% |
| Profit growth | 20.33% | 7.71% | 10.98% | -45.22% |
| Stock price CAGR | 16% | 12% | 36% | 20% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 41.66% of Manappuram Finance Ltd (MANAPPURAM) (unchanged from the previous quarter), foreign institutional investors (FII) hold 22.3% and domestic institutional investors (DII) hold 14.85%. Market capitalisation was ₹32,008 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Smallcap World Fund, Inc 5.49%, Sbi Arbitrage Opportunities Fund 2.38%, Government Pension Fund Global 2.24%, Quant Mutual Fund - Quant Small Cap Fund 2.09%, Icici Prudential Multicap Fund 1.3%, Goldman Sachs Bank Europe Se - Odi 1.04%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 41.66% | - | 22.3% | 14.85% | 58.34% |
| Mar 2026 | 41.66% | - | 23.42% | 12.96% | 58.34% |
| Dec 2025 | 31.77% | - | 23.21% | 13.05% | 68.23% |
| Sep 2025 | 35.25% | - | 30.16% | 9.17% | 64.75% |
| Jun 2025 | 35.25% | - | 29.71% | 8.62% | 64.75% |
| Mar 2025 | 35.25% | - | 28.42% | 8% | 64.75% |
| Dec 2024 | 35.25% | - | 27.01% | 7.88% | 64.75% |
| Sep 2024 | 35.25% | - | 30.36% | 10.97% | 64.75% |