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Day High
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NSE Close — 25 Sep 2026
₹334.0
Change
+9.05 (2.79%)
Open
₹324.95
Prev. Close
₹324.95
Day High
₹334.25
Day Low
₹323.25
Volume Analysis
Traded
4,493,331
Delivered
1,741,563
Delivery %
38.76%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (3)
- •High debt-to-equity ratio (3.6)
- •Low return on equity (6.97%)
- •Below-average fundamentals quality score (47/100)
Opportunities (0)
No signal for this stock
Threats (1)
- •FII holding has been falling
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹348.75 | ₹341.5 | ₹337.75 | ₹330.5 | ₹326.75 | ₹319.5 | ₹315.75 |
| Fibonacci | ₹341.5 | ₹337.3 | ₹334.7 | ₹330.5 | ₹326.3 | ₹323.7 | ₹319.5 |
| Camarilla | ₹337.03 | ₹336.02 | ₹335.01 | ₹330.5 | ₹332.99 | ₹331.98 | ₹330.98 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
+6.34%
1 Week
+6.0%
1 Month
-4.27%
3 Months
+3.02%
6 Months
+30.78%
1 Year
+20.62%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹202.71
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
Company Overview
Sector
Financial Services
Market Cap
₹31,374 Cr
P/E (TTM)
21.6
ROE
6.97%
Book Value
₹171.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 26 Sep 2026. Not investment advice.
TopFund Analysis
Manappuram Finance Ltd scores weakly on TopFund's composite fundamentals check within the Financial Services sector, at 47/100. The strongest factor is Corporate Governance (98/100), while Growth (0/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; high debt-to-equity ratio (3.6); low return on equity (6.97%). FII holding has been falling.
TopFund Score — Fundamentals Quality
47/100 — WeakData confidence: 72/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Growth
Valuation
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has been maintaining a healthy dividend payout of 19.8%
- +Promoter holding has increased by 9.89% over last quarter.
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 8.48% over past five years.
- −Company has a low return on equity of 11.9% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from October 1, 2026 until 48 hours after Q2 FY2026 results.
Manappuram Finance reports resignations of two business heads, effective September 15 and 16, 2026.
Newspaper Advertisement of Notice of Transfer of shares of MAFIL, in respect of which dividend has not been claimed for seven consecutive years or more …
Kamal P Parmar, Business Head CV Finance, resigned effective September 1, 2026.
Manappuram Finance allotted ₹850 crore NCDs on August 17, 2026, via private placement.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 2,030 | 2,161 | 2,305 | 2,348 | 2,488 | 2,633 | 2,560 | 2,361 | 2,262 | 2,273 | 2,354 | 2,614 | 3,034 |
| Expenses + | 671 | 675 | 729 | 773 | 846 | 892 | 1,191 | 1,637 | 1,233 | 1,018 | 1,034 | 877 | 906 |
| Financing Profit | 710 | 796 | 827 | 796 | 793 | 835 | 444 | -172 | 174 | 380 | 375 | 627 | 854 |
| Financing Margin % | 35.0% | 37.0% | 36.0% | 34.0% | 32.0% | 32.0% | 17.0% | -7.0% | 8.0% | 17.0% | 16.0% | 24.0% | 28.0% |
| Other Income + | 27 | 13 | 21 | 14 | 24 | 4 | 3 | 2 | 3 | 2 | 5 | 12 | 6 |
| Interest | 648 | 689 | 749 | 779 | 848 | 906 | 925 | 895 | 855 | 876 | 945 | 1,109 | 1,274 |
| Depreciation | 56 | 62 | 62 | 65 | 64 | 67 | 70 | 66 | 75 | 79 | 77 | 75 | 78 |
| Profit before tax | 681 | 747 | 786 | 746 | 753 | 773 | 376 | -236 | 102 | 302 | 303 | 564 | 782 |
| Tax % | 27.0% | 25.0% | 27.0% | 24.0% | 26.0% | 26.0% | 26.0% | -14.0% | -30.0% | 28.0% | 21.0% | 28.0% | 25.0% |
| Net Profit + | 498 | 561 | 575 | 564 | 557 | 572 | 278 | -203 | 132 | 217 | 239 | 405 | 585 |
| EPS in Rs | 6 | 7 | 7 | 7 | 7 | 7 | 3 | -2 | 2 | 3 | 3 | 4 | 6 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net NPA % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Gross NPA % | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 1,988 | 2,369 | 3,406 | 3,421 | 4,180 | 5,465 | 6,331 | 6,061 | 6,700 | 8,848 | 10,012 | 9,509 | 10,275 |
| Expenses + | 648 | 820 | 1,011 | 1,344 | 1,365 | 1,547 | 1,669 | 2,133 | 2,317 | 2,848 | 4,557 | 4,162 | 3,835 |
| Financing Profit | 462 | 601 | 1,225 | 1,047 | 1,469 | 2,086 | 2,443 | 1,916 | 2,195 | 3,134 | 1,913 | 1,561 | 2,236 |
| Financing Margin % | 23.0% | 25.0% | 36.0% | 31.0% | 35.0% | 38.0% | 39.0% | 32.0% | 33.0% | 35.0% | 19.0% | 16.0% | 22.0% |
| Other Income + | 5 | 3 | 3 | 58 | 63 | 86 | 44 | 65 | 50 | 72 | 20 | 15 | 25 |
| Interest | 877 | 947 | 1,169 | 1,030 | 1,345 | 1,832 | 2,219 | 2,011 | 2,188 | 2,866 | 3,541 | 3,786 | 4,204 |
| Depreciation | 54 | 56 | 63 | 68 | 75 | 164 | 171 | 198 | 204 | 246 | 267 | 307 | 310 |
| Profit before tax | 414 | 548 | 1,166 | 1,037 | 1,457 | 2,007 | 2,316 | 1,784 | 2,041 | 2,960 | 1,666 | 1,270 | 1,950 |
| Tax % | 34.0% | 35.0% | 35.0% | 35.0% | 35.0% | 26.0% | 26.0% | 26.0% | 26.0% | 26.0% | 28.0% | 22.0% | — |
| Net Profit + | 271 | 355 | 758 | 676 | 949 | 1,480 | 1,725 | 1,329 | 1,500 | 2,197 | 1,204 | 993 | 1,445 |
| EPS in Rs | 3 | 4 | 9 | 8 | 11 | 17 | 20 | 16 | 18 | 26 | 14 | 11 | 16 |
| Dividend Payout % | 42.0% | 54.0% | 17.0% | 25.0% | 19.0% | 16.0% | 10.0% | 19.0% | 17.0% | 13.0% | 28.0% | 19.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 2,465 | 2,590 | 3,193 | 3,645 | 4,378 | 5,577 | 7,138 | 8,199 | 9,476 | 11,379 | 12,263 | 15,863 |
| Other Liabilities + | 352 | 443 | 804 | 609 | 602 | 767 | 703 | 623 | 693 | 880 | 695 | 672 |
| Total Liabilities | 11,616 | 12,839 | 15,152 | 17,030 | 20,446 | 29,535 | 31,338 | 33,808 | 39,504 | 46,748 | 49,205 | 74,559 |
| Fixed Assets + | 206 | 230 | 222 | 310 | 367 | 803 | 926 | 1,052 | 1,094 | 1,070 | 1,134 | 1,057 |
| CWIP | 1 | 0 | 1 | 0 | 1 | 3 | 8 | 13 | 17 | 33 | 11 | 27 |
| Investments | 217 | 49 | 5 | 5 | 174 | 90 | 338 | 421 | 534 | 726 | 790 | 2,051 |
| Other Assets + | 11,193 | 12,560 | 14,925 | 16,715 | 19,904 | 28,639 | 30,066 | 32,322 | 37,860 | 44,918 | 47,269 | 71,424 |
| Total Assets | 11,616 | 12,839 | 15,152 | 17,030 | 20,446 | 29,535 | 31,338 | 33,808 | 39,504 | 46,748 | 49,205 | 74,559 |
| Borrowing | 8,632 | 9,638 | 10,986 | 12,607 | 15,297 | 23,022 | 23,327 | 24,816 | 29,167 | 34,320 | 36,077 | 57,837 |
| Equity Capital | 168 | 168 | 168 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 188 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -888 | -1,042 | -1,271 | -33 | -1,661 | -3,620 | -619 | -423 | -3,103 | -3,450 | -467 | -20,238 |
| Cash from Investing Activity + | 649 | 72 | -25 | -148 | -371 | 26 | -186 | -193 | -616 | -601 | -125 | -1,632 |
| Cash from Financing Activity + | 265 | 772 | 1,211 | 293 | 2,388 | 6,049 | 59 | 438 | 3,849 | 4,092 | 1,132 | 23,834 |
| Net Cash Flow | 26 | -198 | -84 | 112 | 356 | 2,455 | -747 | -177 | 130 | 41 | 541 | 1,965 |
| CFO/OP | -56 | -56 | -36 | 17 | -40 | -81 | 0 | 2 | -60 | -44 | 5 | -369 |
| Free Cash Flow | -912 | -1,121 | -1,324 | -193 | -1,787 | -3,716 | -672 | -585 | -3,275 | -3,585 | -662 | -20,427 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 25.47% | 23.69% | 23.32% | 22.42% | 23.41% | 29.84% | 28.33% | 26.41% | 25.41% | 24.84% | 32.03% | 21.2% |
| Promoters | 35.2% | 35.2% | 35.2% | 35.24% | 35.25% | 35.25% | 35.25% | 35.25% | 35.25% | 35.25% | 31.77% | 41.66% |
| FII | 27.08% | 28.95% | 31.99% | 33.0% | 30.36% | 27.01% | 28.43% | 29.71% | 30.16% | 28.78% | 23.23% | 22.3% |
| DII | 12.25% | 12.15% | 9.5% | 9.34% | 10.97% | 7.88% | 7.99% | 8.61% | 9.17% | 11.15% | 12.96% | 14.85% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Financial Services — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Manappuram Finance Ltd (this stock) | 31,374 | 21.6 | 1.95 | 6.97% |
| LIC Housing Finance Ltd | 31,131 | 5.42 | 0.75 | 14.4% |
| Nuvama Wealth Manage Ltd | 31,024 | 28.6 | 7.44 | 27.4% |
| Indian Renewable Energy | 30,932 | 15.7 | 2.24 | 15.6% |
| UCO Bank | 29,970 | 12.1 | 0.97 | 8.5% |
| Tata Investment Corp Ltd | 32,968 | 76.5 | 1.13 | 1.44% |
| Adit Birl Sun Lif Amc Ltd | 29,638 | 29.4 | 7.31 | 25.2% |
Which Mutual Funds Hold Manappuram Finance Ltd?
Frequently Asked Questions about Manappuram Finance Ltd
Manappuram Finance Ltd (MANAPPURAM) closed at ₹334.0 on NSE on 25 September 2026, up 9.05 (2.79%) from the previous close.
Manappuram Finance Ltd trades on the NSE (National Stock Exchange of India) under the symbol MANAPPURAM.
Manappuram Finance Ltd has a trailing twelve-month P/E (price-to-earnings) ratio of 21.6.
Manappuram Finance Ltd has a dividend yield of 0.6%.
Manappuram Finance Ltd's 52-week high is ₹382.0 and its 52-week low is ₹245.0.
Manappuram Finance Ltd has a market capitalisation of ₹31,374 crore.
Manappuram Finance Ltd has a TopFund Quality Score of 47/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
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