| Management target | Revenue 35.0% FY27 |
|---|
| Revenue growth | NII up 40% YoY; AUM increased 21% YoY. |
|---|---|
| Margins | Cost of borrowing declined to 10.14%; yields remain high. |
| Demand visibility | Strong seasonal demand expected from festive period and rural markets. |
| Management confidence | Confident, highlighting recent credit rating upgrade to A- stable. |
Growth
AUM grew 21% YoY to ₹1,811 Cr; Net Interest Income rose 40% YoY.
Outlook
Management guides for 30-35% AUM growth for FY27 and FY28.
Risks
High bounce rates of 18-20% and significant concentration in two-wheeler segment (83%).
Last quarter's promises, checked
Delivered
- Cost of borrowing falling: 10.86% → 10.14% (= BEAT)
Partly delivered
- 2W share 84% → 75–77% by FY27-end → 83% (= PARTIAL, lagging pace)
- ₹100 Cr capital by Sep/Oct → still 'raising', not confirmed closed (= PARTIAL)
Missed
- AUM growth 35–40% for FY27 → 21% YoY (= MISS)
- PAT growth ~30%+ → +20% YoY (= MISS)
Earnings Call Transcript filed with NSE, NSE: MANBA. Summary written with AI assistance from the document.
Manba Finance Ltd: key numbers
- Share price
- ₹143.48
- Market cap
- ₹720.8 Cr
- Revenue (annual)
- ₹328.2 Cr
- Net profit (annual)
- ₹45.36 Cr
- P/E (TTM)
- 14.1×Sector 19.7×
- Promoter holding
- 74.98%+0.00% QoQ
- FII holding
- 1.07%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Manba Finance Ltd
All →Manba Finance Investor Presentation: Key Takeaways
H1 FY27: AUM INR 18,108 Mn (+20.7% YoY), NII INR 938 Mn (+37.5%), PAT INR 270 Mn (+27.7%). Q2 PAT INR 137 Mn (+20.2% YoY). Credit rating upgraded to A-.
Manba Finance Management Change
Manba Finance appointed Mrs. Neelam Tater as Non-Executive Independent Director. Mr. Parameshwaran relinquished his Chairperson role while continuing as Independent Director.
Manba Finance Debt & Borrowing
Manba Finance filed a Reg 54 security cover certificate for listed NCDs as at Sept 30, 2026. It confirms asset and security cover above 110% on secured debentures.
Manba Finance Dividend
Manba Finance declared a second interim dividend of Rs. 0.25 per equity share, payable by November 20, 2026. The record date is November 6, 2026.
Manba Finance Q2 FY27 Results: Net Profit ₹13.7 Cr, Up 20.2% YoY
Manba Finance Ltd reported revenue from operations of ₹97.7 Cr (+25.6% YoY) and net profit of ₹13.7 Cr (+20.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹13.7 Cr · +20.2% YoY
Manba Finance Preferential Issue
Manba Finance appointed CARE Ratings as monitoring agency for its ₹100 Cr preferential issue proceeds. This is a post-allotment regulatory compliance step under SEBI ICDR Regulations.