| Revenue growth | H1 total revenue INR 1,904 Mn; YoY not stated |
|---|---|
| Margins | NIM 12.28%; cost of borrowings down to 10.14% |
| Demand visibility | Q2 disbursements INR 2,665 Mn; UP, MP, Rajasthan expansion |
Growth
H1 NII +37.5%, disbursements +23.7% to INR 4,928 Mn, PAT +27.7%. Q2 NII +40.4% YoY; Q2 PAT +20.2% YoY.
Outlook
No explicit numeric guidance. Plans: South India entry via Karnataka, 3W/EV and used-car expansion, Micro-LAP, LOS upgrade.
Risks
Fee income fell 12.1% YoY; Q2 tax rose to INR 80 Mn from INR 38 Mn; two-wheelers are 83.1% of AUM.
Last quarter's promises, checked
Delivered
- Borrowing cost to keep falling from 10.86% → 10.14% (= BEAT)
Partly delivered
- 2W share to 75–77% by FY-end → 83.1% at H1, down from 84.1% (= PARTIAL, behind pace)
- INR100 cr preference raise by Sep/Oct → ~INR1,000 Mn preferential issue flagged, completion unconfirmed (= PARTIAL)
Missed
- AUM growth 35–40% FY27 → H1 AUM +20.7% YoY (= MISS)
- NIM 13–14% → 12.28% (= MISS)
- PAT growth ~30%+ in coming quarters → Q2 PAT +20.2% YoY (= MISS)
Investor Presentation 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 Earnings Call Transcript: Key Takeaways
Solid growth in AUM and profitability driven by two-wheeler demand and geographical expansion.
- Call
- Guides 35% growth
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.