Manappuram Finance Limited (BOM:531213)

India flag India · Delayed Price · Currency is INR
202.85
+13.65 (7.21%)
At close: Feb 19, 2025
10.18%
Market Cap 170.01B
Revenue (ttm) 53.52B
Net Income (ttm) 19.69B
Shares Out 846.43M
EPS (ttm) 23.19
PE Ratio 8.66
Forward PE 9.86
Dividend 4.00 (1.99%)
Ex-Dividend Date Feb 21, 2025
Volume 924,779
Average Volume 798,773
Open 188.00
Previous Close 189.20
Day's Range 187.65 - 206.50
52-Week Range 138.40 - 230.25
Beta 1.24
RSI 54.14
Earnings Date Feb 6, 2025

About Manappuram Finance

Manappuram Finance Limited, a gold loan non-banking financial company, provides retail credit products and financial services in India. It offers loans against the security of used household gold jewelry; gold loans and online gold loans; microfinance loans and other financial services to low-income populations in rural and semi-urban areas; loans for construction, extension, purchase, and improvement of homes; life and non-life insurance products; and IT solutions. The company also provides depository services; and fee-based services, which in... [Read more]

Industry Personal Credit Institutions
Founded 1949
Employees 51,004
Stock Exchange Bombay Stock Exchange
Ticker Symbol 531213
Full Company Profile

Financial Performance

In 2023, Manappuram Finance's revenue was 54.18 billion, an increase of 29.81% compared to the previous year's 41.74 billion. Earnings were 21.89 billion, an increase of 46.30%.

Financial Statements

News

Manappuram Finance shares fall over 5% following Q3 results

Shares of Manappuram Finance Ltd fell over 5% on Wednesday after the company reported a weaker-than-expected Q3FY25 performance due to stress in its microfinance business. The stock was trading at ₹18...

9 days ago - Business Upturn

Jefferies on Manappuram Finance: Maintains ‘Hold’ rating, raises target

Jefferies has maintained its ‘Hold’ rating on Manappuram Finance, raising its target price to ₹205 from previous estimates. The current market price stands at ₹194.00. The company reported a 52% YoY d...

9 days ago - Business Upturn

Manappuram Finance Q3 FY25 Results: Net Profit falls 51% YoY to Rs 278.46 Crore, Revenue up 11% YoY

Manappuram Finance Limited has reported its financial results for the third quarter of FY25, reflecting steady growth in revenue and profitability. Key Highlights: Revenue from Operations: ₹2,559.72 c...

10 days ago - Business Upturn

CLSA turns bullish on gold financiers, upgrades Muthoot Finance and raises target price for Manappuram Finance

Gold financiers are witnessing robust growth momentum, prompting CLSA to upgrade Muthoot Finance to ‘Outperform’ from ‘Hold’ and raise its target price to ₹2,400 per share. The brokerage has also reit...

12 days ago - Business Upturn

Main accused in Rs 20cr gold heist arrested from Guwahati, brought to Sambalpur on remand

Sambalpur: Prime accused in the Rs 20 crore gold heist from Manappuram Finance branch in Sambalpur's Budhraja area on Jan 3, was arrested from Guwahat.

17 days ago - The Times of India

F&O Ban List for January 16, 2025: Aditya Birla Fashion, Kalyan Jewellers, Manappuram Finance and more

A stock is placed under the F&O (Futures and Options) ban when its open interest (OI) crosses 95% of the market-wide position limits (MWPL). The restriction is lifted only when the OI falls below 80%....

5 weeks ago - Business Upturn

F&O Ban List for 13 January 2025: Bandhan Bank, Hindustan Copper, Manappuram Finance, RBL Bank and more

The Futures and Options (F&O) ban list for today includes stocks where the open interest (OI) has exceeded 95% of the market-wide position limits (MWPL). The ban is lifted only if the OI falls below 8...

5 weeks ago - Business Upturn

Manappuram Finance shares surge 5% as RBI lifts restrictions on subsidiary Asirvad Micro Finance

Shares of Manappuram Finance Limited surged 5% on January 9, 2025, following the Reserve Bank of India (RBI)’s decision to lift restrictions on loan sanctioning and disbursal by its subsidiary, Asirva...

6 weeks ago - Business Upturn

Manappuram Finance Stock: Morgan Stanley sees 3% downside for Manappuram Finance as Asirvad MFI revaluation impacts outlook

Morgan Stanley has maintained an Equal Weight (EW) rating on Manappuram Finance (MGFL) with a target price of ₹175, implying a potential 3% downside from the current market price of ₹180.41. Key Takea...

6 weeks ago - Business Upturn

Manappuram Finance Stock: Jefferies sees 5% upside for Manappuram Finance as RBI lifts ban on Asirvad disbursements

Jefferies has maintained a Hold rating on Manappuram Finance (MGFL), raising its target price to ₹190, indicating a potential 5% upside from the current market price of ₹180.41. Key Takeaways: RBI lif...

6 weeks ago - Business Upturn

RBI lifts restrictions on loan sanctions by Asirvad Micro Finance Limited

Manappuram Finance Limited has announced that the Reserve Bank of India (RBI) has lifted the restrictions imposed on its subsidiary, Asirvad Micro Finance Limited, regarding the sanctioning and disbur...

6 weeks ago - Business Upturn

Manappuram Finance confirms robbery at Odisha branch with an estimated loss of Rs 20 crore

Manappuram Finance Limited has provided a detailed clarification regarding a recent robbery incident at its Sambalpur branch in Odisha. The company confirmed that on January 3, 2024, at approximately ...

6 weeks ago - Business Upturn

RBI imposes penalties on Manappuram Finance and IndusInd Bank for regulatory violations

The Reserve Bank of India (RBI) has imposed monetary penalties on Manappuram Finance Limited and IndusInd Bank Ltd for non-compliance with regulatory provisions. Manappuram Finance Limited Penalty Amo...

2 months ago - Business Upturn

Manappuram Finance shares surge over 3% as Bain Capital explores controlling stake acquisition

Manappuram Finance shares rose 3.20% to trade at ₹163.04 on NSE as of 11:55 am, following reports that Bain Capital is in talks to acquire a controlling stake in the company, according to The Economic...

3 months ago - Business Upturn

Bain Capital in talks to acquire controlling stake in Manappuram Finance

Bain Capital is reportedly in discussions to acquire a controlling stake in Manappuram Finance, showing strong interest in India’s gold loan sector, according to The Economic Times. Sources familiar w...

3 months ago - Business Upturn

F&O Ban List for November 13, 2024: Aarti Industries, Hind Copper, Manappuram Finance and others

The futures and options (F&O) contracts for five stocks have entered the ban period for the trade date of November 13, 2024. The stocks under the F&O ban include ABFRL, Aarti Industries (AARTIIND), Gr...

3 months ago - Business Upturn

Manappuram Finance shares decline 2% following Q2 results

Shares of Manappuram Finance fell nearly 2% on Wednesday following the release of its Q2 financial results, which highlighted the company’s lowest year-on-year (YoY) asset under management (AUM) growt...

3 months ago - Business Upturn

Manappuram Finance share: Morgan Stanley maintains equal-weight on Manappuram Finance with target of Rs 170, sees 7% upside

Morgan Stanley has maintained its equal-weight rating on Manappuram Finance, setting a target price of ₹170, indicating a potential 7% upside from the current market price of ₹158.70. The brokerage ha...

3 months ago - Business Upturn

Manappuram Finance Q2 FY25 Results: PAT rises 2.2%, NII up 19.8% YoY

Manappuram Finance reported its Q2 FY25 earnings, showcasing a stable growth trajectory in both profitability and net interest income (NII). The company’s profit after tax (PAT) for the quarter stood ...

3 months ago - Business Upturn

Manappuram Finance Q2 FY25 results: Stock jumps 2% ahead of result announcement

Manappuram Finance Limited’s stock price rose by over 2% in morning trading, as investors showed optimism ahead of the company’s Q2 FY25 earnings report. The stock opened at ₹152.50 and quickly reache...

3 months ago - Business Upturn

F&O Ban update for October 30, 2024: Key Stocks list in ban

In today’s F&O (Futures & Options) ban list, here’s the latest update on stocks under restriction as of October 30, 2024: Stocks in F&O Ban Still in Ban: IDFC First Bank (IDFCFIRSTB), IndiaMART InterM...

4 months ago - Business Upturn

Manappuram Finance shares fall another 3% post RBI ban on Asirvad Microfinance to disburse loans

Manappuram Finance (NSE: MANAPPURAM) saw its shares tumble by more than 3% today after the Reserve Bank of India (RBI) imposed a strict order halting loan disbursements by its microfinance subsidiary,...

4 months ago - Business Upturn

BSE Smallcap Index down as these stocks fell up to 15.25%

The BSE Smallcap index witnessed a decline today, with stocks like Manappuram Finance dropping by 15.25%, followed by Mahanagar Gas, which fell by 13.27%. Quick Heal Technologies also saw a sharp dip ...

4 months ago - Business Upturn

Manappuram Finance to implement corrective measures after RBI feedback on subsidiary

Manappuram Finance Limited has released an official statement addressing the Reserve Bank of India’s (RBI) directives regarding its subsidiary, Asirvad Microfinance, under Regulation 30 of SEBI (Listi...

4 months ago - Business Upturn

Manappuram Finance faces ₹1,913.75 crore market cap loss after RBI order on microfinance arm

Manappuram Finance (NSE: MANAPPURAM) saw its shares drop by 15% to ₹150.73 as of 9:38 AM today, wiping off ₹1,913.75 crore from its market capitalization. The stock’s sharp decline followed a stringen...

4 months ago - Business Upturn