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Manappuram Finance Ltd share price logo

Manappuram Finance Ltd

(MANAPPURAM)

₹206.831.6%

as on 04:01PM, 19 Sep 2024

Overview
News
Financials
Q1 2024 Results
Technicals
F&O

Analyst Rating

based on 14 analysts

BUY

78.57%

Buy

7.14%

Hold

14.29%

Sell

Based on 14 analysts offering long term price targets for Manappuram Finance Ltd. An average target of ₹231.93

Source: S&P Global Market Intelligence

Manappuram Finance Ltd Share analysis

Manappuram Finance Ltd price forecast by 14 analysts

Upside of10.34%

High

₹270

Target

₹231.93

Low

₹150

Manappuram Finance Ltd target price ₹231.93, a slight upside of 10.34% compared to current price of ₹206.83. According to 14 analysts rating.

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹202.01
    ₹213.25
  • 52 Week's Low

    52 Week's High

    ₹125.35
    ₹230.4
1 Month Return+ 3.94 %
3 Month Return+ 10.48 %
1 Year Return+ 50.46 %
Previous Close₹210.19
Open₹211.00
Volume57.62L
Upper Circuit-
Lower Circuit-
Market Cap₹17,791.21Cr

Key Statistics

P/E Ratio7.89
PEG Ratio1.24
Market Cap₹17,791.21 Cr
P/B Ratio1.42
EPS25.96
Dividend Yield1.91
SectorFinance
ROE17.15

Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹17,791.21 Cr14.09%0.84₹2,197 Cr₹8,848 Cr
NA₹34,193.06 Cr155.47%0.50₹384 Cr₹385 Cr
BUY₹22,436.05 Cr78.76%0.89₹1,974 Cr₹10,471 Cr
BUY₹7,689.45 Cr36.06%0.50₹155 Cr₹3,171 Cr
NA₹12,241.74 Cr4.79%0.68₹528 Cr₹9,523 Cr

Company Information

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: ₹206.83 per share as on 19 Sep, 2024 04:01 PM
Market Capitalisation: ₹17,791.21Cr as of today
Revenue: ₹2,511.93Cr as on June 2024 (Q2 24)
Net Profit: ₹556.52Cr as on June 2024 (Q2 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 Shares Surge Amid Rising Gold Prices - 13 Sep, 2024

    Manappuram Finance shares have seen significant gains in 2024, up nearly 33%, as gold prices hit record highs. Positive brokerage ratings and expectations of interest rate cuts further bolster investor confidence.

  • Manappuram Finance Declares 50% Dividend Today - 26 Aug, 2024

    Manappuram Finance Limited has declared a 50% interim dividend, amounting to Re 1 per equity share, with the ex-date and record date set for August 26, 2024. Shares closed at Rs 215.40, down 0.65%. The company has shown positive returns over various time frames this year.

  • Gold Prices Stabilize Boosting Loan Book Outlook - 25 Aug, 2024

    The recent surge in gold prices is stabilizing the gold loan portfolios of financial players like Manappuram Finance. Factors such as geopolitical tensions and central bank gold accumulation suggest that prices are unlikely to decline.

  • Gold Prices Stabilize Boosting Loan Book Outlook - 24 Aug, 2024

    Recent increases in gold prices are stabilizing the gold loan portfolios of financial players like Manappuram Finance. Factors such as geopolitical tensions and central bank gold accumulation suggest prices will remain high.

  • ICICI Securities Upgrades Manappuram Finance Target Price - 22 Aug, 2024

    ICICI Securities maintains a 'BUY' rating on Manappuram Finance, raising the target price to Rs 260 from Rs 220, citing strong growth in gold loans and diversification strategies.

  • Manappuram Finance Reports Steady Growth; Target Set - 16 Aug, 2024

    Manappuram Finance's Q1 FY25 results show a 12% YoY PAT growth, with NII up 19% YoY. Despite higher credit costs, the company maintains a favorable risk-reward profile, prompting Motilal Oswal to reiterate a 'BUY' rating with a target price of Rs 250.

  • Manappuram Finance Anticipates NPA Reduction - 15 Aug, 2024

    Manappuram Finance Ltd expects a gradual decline in non-performing assets (NPAs) as borrowers resume payments. However, the heatwave has impacted productivity, causing delays in repayments.

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

    MF Holding Up

    img

    Mutual Funds have increased holdings from 7.49% to 7.61% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 31.99% to 33.00% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 10 quarters, 1.49K Cr → 2.51K Cr (in ₹), with an average increase of 5.5% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 35.20% to 35.24% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, MANAPPURAM stock has moved up by 2.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Shriram Finance Ltd has given 170.8% return, outperforming this stock by 140.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Shriram Finance Ltd has given 86.4% return, outperforming this stock by 35.9%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 23.31% to 22.42% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 3 quarters, 572.87 Cr → 554.62 Cr (in ₹), with an average decrease of 1.6% per quarter

Company Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹2,057.17Cr (-)₹2,174.02Cr (↑5.68%)₹2,326.68Cr (↑7.02%)₹2,362.22Cr (↑1.53%)₹2,511.93Cr (↑6.34%)
Net Income₹498.02Cr (-)₹560.65Cr (↑12.58%)₹575.31Cr (↑2.61%)₹563.49Cr (↓2.05%)₹556.52Cr (↓1.24%)
Net Profit Margin24.21% (-)25.79% (↑6.53%)24.73% (↓4.11%)23.85% (↓3.56%)22.16% (↓7.09%)
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

Nifty Smallcap 50

₹9,235.35

-1.15 (-107.9%)

S&P BSE Fin. Ser

₹11,877.81

0.14 (16.28%)

S&P BSE SmallCap Select

₹8,423.77

-0.69 (-58.56%)

Nifty Smallcap 250

₹18,270.40

-1.11 (-205.4%)

Nifty 500

₹23,853.95

-0.19 (-44.7%)

Nifty Small 100

₹19,144.85

-1.26 (-244.9%)

S&P BSE 250 SmallCap

₹7,399.09

-1.01 (-75.19%)

DFRGRI Indices

₹1,564.83

0.31 (4.76%)

S&P BSE 400 MidSmallCap

₹12,769.65

-0.61 (-78.92%)

Nifty MidSmallcap 400

₹20,684.65

-0.73 (-152.4%)

BSE Small-Cap

₹56,312.66

-1.06 (-603.27%)

BSE 500

₹37,616.67

-0.14 (-51.62%)

S&P BSE AllCap

₹11,001.59

-0.22 (-24.68%)

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
35.24%
0.12
Foreign Institutions
33%
3.15
Mutual Funds
7.61%
1.63
Retail Investors
22.42%
-3.84
Others
1.73%
-13.80

Key Indicators

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
Details20202021202220232024
Return On Assets %6.176.724.935.16.44

Manappuram Finance Ltd Valuation

Manappuram Finance Ltd in the last 5 years

  • Overview

  • Trends

Lowest (5.27x)

June 20, 2022

Today (7.89x)

September 18, 2024

Industry (28.68x)

September 18, 2024

Highest (15.83x)

May 3, 2018

LowHigh

Earnings and Dividends

  • Manappuram Finance Ltd Earnings Results

    Manappuram Finance Ltd’s net profit jumped 11.84% since last year same period to ₹554.62Cr in the Q1 2024-2025. On a quarterly growth basis, Manappuram Finance Ltd has generated -1.23% fall in its net profits since last 3-months.

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

    In the quarter ending June 2024, Manappuram Finance Ltd has declared dividend of ₹1 - translating a dividend yield of 1.78%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bearish

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

Frequently Asked Questions

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Manappuram Finance Ltd (MANAPPURAM) share price today is ₹206.83

Manappuram Finance Ltd is listed on NSE

Manappuram Finance Ltd is listed on BSE

  • Today’s highest price of Manappuram Finance Ltd is ₹213.25.
  • Today’s lowest price of Manappuram Finance Ltd is ₹202.01.

PE Ratio of Manappuram Finance Ltd is 7.89

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 57.62L.

Today’s market capitalisation of Manappuram Finance Ltd(MANAPPURAM) is ₹17791.21Cr.

Manappuram Finance Ltd(MANAPPURAMPrice
52 Week High
₹230.4
52 Week Low
₹125.35

Manappuram Finance Ltd(MANAPPURAM) share price is ₹206.83. It is down -10.23% from its 52 Week High price of ₹230.4

Manappuram Finance Ltd(MANAPPURAM) share price is ₹206.83. It is up 65.00% from its 52 Week Low price of ₹125.35

Manappuram Finance Ltd(MANAPPURAMReturns
1 Day Returns
-3.36%
1 Month Returns
3.94%
3 Month Returns
10.48%
1 Year Returns
50.46%