Manappuram Finance Limited (BOM: 531213)
India
· Delayed Price · Currency is INR | Market Cap | 153.37B |
| Revenue (ttm) | 56.90B |
| Net Income (ttm) | 22.60B |
| Shares Out | 846.43M |
| EPS (ttm) | 26.67 |
| PE Ratio | 6.79 |
| Forward PE | 8.43 |
| Dividend | 4.00 (2.21%) |
| Ex-Dividend Date | Nov 18, 2024 |
| Volume | 451,355 |
| Open | n/a |
| Previous Close | n/a |
| Day's Range | n/a |
| 52-Week Range | 138.40 - 230.25 |
| Beta | n/a |
| Analysts | n/a |
| Price Target | n/a |
| 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]
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 StatementsNews
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...
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...
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...
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...
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...
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...
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 ...
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...
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...
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,...
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 ...
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...
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...
Manappuram Finance shares hit 10% lower circuit today as RBI bans loan disbursal for subsidiary Asirvad Microfinance
Manappuram Finance shares declined 10% lower circuit after its microfinance subsidiary, Asirvad Micro Finance Limited, was impacted by a stringent Reserve Bank of India (RBI) order. The RBI has direct...
Manappuram Finance stock: Should you buy, sell, or hold? Here’s what top brokerages recommend post RBI restrictions on subsidiary, Asirvad Microfinance
Following the Reserve Bank of India’s (RBI) embargo on new business by Manappuram’s subsidiary, Asirvad Microfinance, multiple brokerages have revised their ratings and target prices for Manappuram Fi...
Morgan Stanley downgrades Manappuram Finance after RBI bans Asirvad MFI from loan disbursal, cuts target price to Rs 170
Morgan Stanley has downgraded Manappuram Finance Limited (MGFL) from "Overweight" to "Equal-Weight," reducing the target price from Rs 270 to Rs 170.
Manappuram Finance share price: BofA maintains buy, cuts target price to Rs 220 after RBI restrictions, stock de-rates 25% in last 3 months
Bank of America (BofA) has maintained its ‘Buy’ rating on Manappuram Finance but has revised the target price down to Rs 220 from Rs 250. The revised target comes after the Reserve Bank of India (RBI)...
Jefferies downgrades Manappuram Finance to ‘Hold’, expects 6% downside in stock price
Jefferies has downgraded its rating on Manappuram Finance to ‘Hold’ from its previous ‘Buy’ recommendation, while slashing the target price to Rs 167 from Rs 270, indicating a potential downside of ap...
Stocks To Watch On October 18: Manappuram Finance in focus as RBI bans loan disbursal for subsidiary Asirvad Micro Finance
Manappuram Finance will be in the spotlight after its microfinance subsidiary, Asirvad Micro Finance Limited, was impacted by a stringent Reserve Bank of India (RBI) order. The RBI has directed Asirva...
F&O Ban List for October 4: Granules India, Manappuram Finance, Bandhan Bank and more
As of October 4, 2024, the following stocks have entered the F&O ban period: When the open interest (OI) on a stock surpasses 95% of the market-wide position limits (MWPL), the stock’s futures and opt...
Morgan Stanley on gold financiers: Regulatory review may slow lending, but Manappuram better positioned due to cheaper valuation
Morgan Stanley has highlighted that the three-month timeline given by the Reserve Bank of India (RBI) for lenders to address deficiencies could help prevent regulatory action but may lead to a slowdow...
Manappuram shares dip 1.5% as reports suggest Asirvad Micro Finance’s IPO may be deferred
Manappuram Finance shares fell 1.5% to ₹198.89 on the NSE as of 9:21 AM, following a report by Moneycontrol indicating that the planned listing of its subsidiary, Asirvad Micro Finance, may be deferre...
Manappuram Finance Ltd (BOM:531213) Q4 2024 Earnings Call Transcript Highlights: Strong Profit ...
Manappuram Finance Ltd (BOM:531213) Q4 2024 Earnings Call Transcript Highlights: Strong Profit Growth and Robust AUM Expansion
Muthoot Finance and Manappuram Finance stocks surge up to 5% as gold price hits all-time high of $2,563/oz
Gold prices have hit a new record, sparking a notable rally in the stocks of financial companies closely tied to the yellow metal. Shares of Manappuram Finance and Muthoot Finance saw gains of up to 5...
Fitch affirms Manappuram Finance at ‘BB-‘ with Stable Outlook
Fitch Ratings has affirmed Manappuram Finance Limited’s (MFIN) Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BB-‘ with a Stable Outlook. This rating reflects the company’s mo...