- Total income
- ₹10,041 Cr
- Profit
- ₹1,216 Cr

About Manappuram Finance Limited
Data last updated:
Manappuram Finance Limited is a public limited company based in Chavakkad, Kerala, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 15 July 1992 and has been in existence for over 34 years.
Manappuram Finance is ranked #267 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director VP Nandakumar is #236 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN L65910KL1992PLC006623. Its GSTIN is 32AABCM6882E1ZK (Kerala). The company holds 33 GST registrations, of which 29 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 531213 and NSE: MANAPPURAM.
The company has an authorised share capital of ₹300 Cr and a paid-up capital of ₹187.87 Cr. It was formerly known as Manappuram General Finance and Leasing Ltd. It is led by directors including Vazhappully Padmanabhan Nandakumar (Managing Director) and Sumitha Nandan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Chavakkad, Kerala.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹9,509.41 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹993.06 Cr (net margin 10.4%) and EBITDA of ₹5,347.11 Cr (EBITDA margin 56.2%). The net worth stands at ₹16,051 Cr (up 29.1% YoY). Total assets are valued at ₹73,894 Cr (up 52.3% YoY).
The company has about 32,297 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 4 brands: Manappuram Home Finance, Manappuram Foundation, Manappuram Finance and Asirvad Microfinance. As per MCA filings, the company has open charges of ₹60,743 Cr and satisfied charges of ₹45,231 Cr on record. Court records list 1,16,008 cases involving the company, including 1,15,006 filed by the company and 1,006 filed against it; 63,099 cases are pending. The company has 75 deals on record (51 market trades, 11 secondary share transfers, 9 funding rounds), with disclosed funding of ₹1,812.33 Cr; the latest was in January 2026. Its 4 peer companies in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities) are compared by revenue, 2 larger and 2 smaller; the largest is Cholamandalam Financial Holdings Limited with revenue of ₹10,947 Cr. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 58 overdue payments to 25 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manappuram.com.
Company details
CIN history
Manappuram Finance has one previous CIN (Corporate Identification Number): U65910KL1992PLC006623. The current CIN is L65910KL1992PLC006623, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65910KL1992PLC006623 | Current |
| U65910KL1992PLC006623 | Previous |
Recognitions & Rankings of Manappuram Finance
- Valuation
- ₹24,920 Cr
- 1-year change
- +73%
- #236 VP Nandakumar ₹15,900 Cr
Contact details
Manappuram Finance Limited's registered office is in Chavakkad, Kerala. Its website is manappuram.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressW – 4/ 638 A, Manappuram House, Chavakkad, Kerala, India – 680567
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Manappuram Finance Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Manappuram Finance operates multiple associated brands including Manappuram Home Finance, Manappuram Foundation, and Manappuram Finance. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides residential and commercial property loan solutions. | manappuramhomefin.com | |
| CSR organization providing education, health, and skill development services. | manappuramfoundation.org | |
| Consumer and SME loans are provided by Manappuram Finance. | manappuram.com | |
| Micro loans for consumers are provided by Asirvad Microfinance. | asirvadmicrofinance.co.in |
Business activity
The main business activity of Manappuram Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Manappuram Finance Limited, buy the company report.
Financials of Manappuram Finance Limited
FY 2025-26 filings availableManappuram Finance Limited reported revenue of ₹9,509.41 Cr (down 5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9,509 | 10,012 | 8,848 | 6,700 | 6,061 | 6,331 | 5,465 |
| Revenue growth | -5.0% | +13.2% | +32.1% | +10.5% | -4.3% | +15.8% | - |
| EBITDA | 5,347 | 5,454 | 6,000 | 4,382 | 3,928 | 4,662 | 3,918 |
| EBITDA margin | +56.2% | +54.5% | +67.8% | +65.4% | +64.8% | +73.6% | +71.7% |
| Profit before tax | 1,270 | 1,666 | 2,960 | 2,041 | 1,784 | 2,316 | 2,007 |
| Net profit | 993 | 1,215 | 2,188 | 1,495 | 1,328 | 1,724 | 1,467 |
| Net profit margin | +10.4% | +12.1% | +24.7% | +22.3% | +21.9% | +27.2% | +26.8% |
| EPS (₹) | 10.68 | 14.37 | 25.86 | 17.67 | 15.70 | 20.37 | 17.37 |
| Balance sheet | |||||||
| Total assets | 73,894 | 48,526 | 45,897 | 38,832 | 33,201 | 30,682 | 28,827 |
| Net worth | 16,051 | 12,432 | 11,548 | 9,645 | 8,368 | 7,307 | 5,746 |
| Total debt | 57,837 | 36,077 | 34,320 | 29,167 | 24,816 | 23,327 | 23,022 |
| Cash & bank | 6,149 | 3,808 | 3,181 | 3,035 | 2,697 | 2,912 | 3,667 |
| Net working capital | 7,297 | 3,964 | 2,918 | 2,842 | 2,570 | 2,717 | 3,532 |
| Cash flow | |||||||
| Cash from operations | (20,238) | (467) | (3,450) | (3,103) | (423) | (619) | (3,620) |
| Cash from investing | (1,632) | (125) | (601) | (616) | (193) | (186) | 25.97 |
| Cash from financing | 23,834 | 1,132 | 4,092 | 3,849 | 438 | 58.52 | 6,049 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,034 | 2,614 | 2,354 | 2,273 | 2,262 | 2,361 | 2,560 | 2,633 |
| Revenue growth (YoY) | +34.1% | +10.7% | -8.0% | -13.7% | -9.1% | - | - | - |
| Other income | 6.17 | 11.75 | 4.78 | 1.90 | 2.55 | 1.60 | 2.91 | 4.04 |
| EBITDA | 2,128 | 1,737 | 1,321 | 1,255 | 1,029 | 724 | 1,369 | 1,741 |
| EBITDA margin | +70.1% | +66.4% | +56.1% | +55.2% | +45.5% | +30.7% | +53.5% | +66.1% |
| Depreciation | 78.41 | 75.09 | 77.24 | 79.46 | 74.79 | 65.93 | 70.47 | 66.59 |
| Interest | 1,274 | 1,109 | 945 | 876 | 855 | 895 | 925 | 906 |
| Profit before tax | 782 | 564 | 303 | 302 | 102 | (236) | 376 | 773 |
| Tax | 197 | 159 | 64.30 | 84.69 | (30.95) | (32.69) | 97.60 | 201 |
| Net profit | 585 | 405 | 239 | 217 | 132 | (203) | 278 | 572 |
| EPS (₹) | 6.10 | 4.76 | 2.82 | 2.57 | 1.57 | (2.40) | 3.29 | 6.75 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 7,643 | 6,908 | 5,830 | 4,815 | 4,563 | 5,172 | 4,311 |
| Revenue growth | +10.6% | +18.5% | +21.1% | +5.5% | -11.8% | +20.0% | - |
| EBITDA | 5,287 | 4,947 | 4,213 | 3,356 | 3,275 | 4,124 | 3,184 |
| EBITDA margin | +69.2% | +71.6% | +72.3% | +69.7% | +71.8% | +79.7% | +73.9% |
| Profit before tax | 2,039 | 2,396 | 2,222 | 1,706 | 1,750 | 2,270 | 1,680 |
| Net profit | 1,523 | 1,757 | 1,657 | 1,266 | 1,304 | 1,697 | 1,229 |
| Net profit margin | +19.9% | +25.4% | +28.4% | +26.3% | +28.6% | +32.8% | +28.5% |
| EPS (₹) | 16.23 | 21.07 | 19.59 | 14.96 | 15.41 | 20.06 | 14.56 |
| Balance sheet | |||||||
| Total assets | 67,019 | 39,362 | 33,350 | 28,784 | 26,484 | 25,136 | 23,449 |
| Net worth | 15,938 | 11,793 | 10,349 | 8,980 | 7,943 | 6,902 | 5,356 |
| Total debt | 51,081 | 27,570 | 23,001 | 19,804 | 18,541 | 18,234 | 18,093 |
| Cash & bank | 4,931 | 3,015 | 1,737 | 2,080 | 1,758 | 2,066 | 2,251 |
| Net working capital | 6,797 | 3,180 | 1,584 | 1,805 | 1,571 | 1,913 | 2,352 |
| Cash flow | |||||||
| Cash from operations | (20,559) | (2,734) | (2,863) | (298) | (112) | 150 | (2,506) |
| Cash from investing | (3,011) | (63.35) | (307) | (280) | (118) | (261) | 34.24 |
| Cash from financing | 24,960 | 4,057 | 2,826 | 888 | (100) | (86.52) | 4,268 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,543 | 2,158 | 1,918 | 1,820 | 1,743 | 1,739 | 1,799 | 1,748 |
| Revenue growth (YoY) | +45.9% | +24.0% | +6.7% | +4.1% | +7.6% | - | - | - |
| Other income | 1.46 | 5.87 | 3.41 | 3.56 | 1.40 | 2.36 | 2.03 | 1.42 |
| Total expenses | 639 | 676 | 590 | 571 | 519 | 532 | 509 | 465 |
| EBITDA | 1,904 | 1,481 | 1,329 | 1,249 | 1,224 | 1,208 | 1,290 | 1,284 |
| EBITDA margin | +74.9% | +68.7% | +69.3% | +68.7% | +70.3% | +69.5% | +71.7% | +73.4% |
| Depreciation | 58.98 | 57.79 | 57.77 | 59.01 | 55.24 | 50.31 | 51.38 | 50.90 |
| Interest | 1,107 | 932 | 763 | 688 | 645 | 610 | 629 | 594 |
| Profit before tax | 740 | 497 | 511 | 505 | 526 | 550 | 612 | 640 |
| Tax | 188 | 122 | 130 | 129 | 134 | 136 | 159 | 165 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3,034 | 2,614 | 2,354 | 2,273 | 2,262 | 2,361 | 2,560 | 2,633 |
| Revenue growth (YoY) | +34.1% | +10.7% | -8.0% | -13.7% | -9.1% | - | - | - |
| Other income | 6.17 | 11.75 | 4.78 | 1.90 | 2.55 | 1.60 | 2.91 | 4.04 |
| EBITDA | 2,128 | 1,737 | 1,321 | 1,255 | 1,029 | 724 | 1,369 | 1,741 |
| EBITDA margin | +70.1% | +66.4% | +56.1% | +55.2% | +45.5% | +30.7% | +53.5% | +66.1% |
| Depreciation | 78.41 | 75.09 | 77.24 | 79.46 | 74.79 | 65.93 | 70.47 | 66.59 |
| Interest | 1,274 | 1,109 | 945 | 876 | 855 | 895 | 925 | 906 |
| Profit before tax | 782 | 564 | 303 | 302 | 102 | (236) | 376 | 773 |
| Tax | 197 | 159 | 64.30 | 84.69 | (30.95) | (32.69) | 97.60 | 201 |
| Net profit | 585 | 405 | 239 | 217 | 132 | (203) | 278 | 572 |
| EPS (₹) | 6.10 | 4.76 | 2.82 | 2.57 | 1.57 | (2.40) | 3.29 | 6.75 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9,509 | 10,012 | 8,848 | 6,700 | 6,061 | 6,331 | 5,465 |
| Revenue growth | -5.0% | +13.2% | +32.1% | +10.5% | -4.3% | +15.8% | - |
| Other income | 15.30 | 19.63 | 72.08 | 50.28 | 65.30 | 44.08 | 85.87 |
| Total expenses | 4,162 | 4,557 | 2,848 | 2,317 | 2,133 | 1,669 | 1,547 |
| Employee cost | 1,851 | 1,796 | 1,597 | 1,469 | 1,125 | 843 | 830 |
| EBITDA | 5,347 | 5,454 | 6,000 | 4,382 | 3,928 | 4,662 | 3,918 |
| EBITDA margin | +56.2% | +54.5% | +67.8% | +65.4% | +64.8% | +73.6% | +71.7% |
| Depreciation | 307 | 267 | 246 | 204 | 198 | 171 | 164 |
| Interest | 3,786 | 3,541 | 2,866 | 2,188 | 2,011 | 2,219 | 1,832 |
| Profit before tax | 1,270 | 1,666 | 2,960 | 2,041 | 1,784 | 2,316 | 2,007 |
| Tax | 277 | 462 | 762 | 541 | 455 | 591 | 527 |
| Net profit | 993 | 1,215 | 2,188 | 1,495 | 1,328 | 1,724 | 1,467 |
| Net profit margin | +10.4% | +12.1% | +24.7% | +22.3% | +21.9% | +27.2% | +26.8% |
| EPS (₹) | 10.68 | 14.37 | 25.86 | 17.67 | 15.70 | 20.37 | 17.37 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 188 | 169 | 169 | 169 | 169 | 169 | 169 |
| Reserves & surplus | 15,315 | 12,263 | 11,379 | 9,476 | 8,199 | 7,138 | 5,545 |
| Shareholders' funds (net worth) | 16,051 | 12,432 | 11,548 | 9,645 | 8,368 | 7,307 | 5,746 |
| Minority interest | 6.48 | 16.68 | 28.88 | 20.34 | 16.11 | 47.20 | 58.30 |
| Secured loans | 52,552 | 34,458 | 31,903 | 27,502 | 23,049 | 21,218 | 19,826 |
| Unsecured loans | 5,284 | 1,619 | 2,417 | 1,664 | 1,767 | 2,109 | 3,196 |
| Total debt | 57,837 | 36,077 | 34,320 | 29,167 | 24,816 | 23,327 | 23,022 |
| Total liabilities | 73,894 | 48,526 | 45,897 | 38,832 | 33,201 | 30,682 | 28,827 |
| Assets | |||||||
| Gross block | 1,701 | 1,908 | 1,713 | 1,622 | 1,503 | 1,189 | 991 |
| Net block | 1,057 | 1,134 | 1,070 | 1,094 | 1,052 | 926 | 803 |
| Capital work in progress | 26.88 | 11.47 | 33.36 | 16.68 | 13.03 | 7.51 | 3.46 |
| Investments | 2,051 | 790 | 726 | 534 | 421 | 338 | 90.48 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.57 | 2.48 |
| Cash & bank balances | 6,149 | 3,808 | 3,181 | 3,035 | 2,697 | 2,912 | 3,667 |
| Loans & advances | 1,813 | 835 | 588 | 479 | 480 | 458 | 571 |
| Total current assets | 7,962 | 4,642 | 3,769 | 3,514 | 3,177 | 3,373 | 4,240 |
| Total current liabilities | 666 | 679 | 851 | 672 | 607 | 656 | 709 |
| Net working capital | 7,297 | 3,964 | 2,918 | 2,842 | 2,570 | 2,717 | 3,532 |
| Total assets | 73,894 | 48,526 | 45,897 | 38,832 | 33,201 | 30,682 | 28,827 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 3,083 | 2,542 | 2,500 | 2,371 | 2,548 | 3,296 | 840 |
| Net cash from operating activities | (20,238) | (467) | (3,450) | (3,103) | (423) | (619) | (3,620) |
| Net cash from investing activities | (1,632) | (125) | (601) | (616) | (193) | (186) | 25.97 |
| Net cash from financing activities | 23,834 | 1,132 | 4,092 | 3,849 | 438 | 58.52 | 6,049 |
| Net change in cash | 1,965 | 541 | 41.24 | 130 | (177) | (747) | 2,455 |
| Closing cash | 6,149 | 3,808 | 3,181 | 3,035 | 2,697 | 2,912 | 3,667 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | -5.0% | +13.2% | +32.1% | +10.5% | -4.3% | +15.8% | - |
| EBITDA growth | -2.0% | -9.1% | +36.9% | +11.6% | -15.8% | +19.0% | - |
| PBT growth | -23.7% | -43.7% | +45.0% | +14.4% | -23.0% | +15.4% | +37.8% |
| Net income growth | -18.3% | -44.5% | +46.3% | +12.6% | -23.0% | +17.5% | - |
| Revenue CAGR (3Y) | +12.4% | +18.2% | +11.8% | +7.0% | +13.2% | +22.8% | +17.1% |
| EBITDA CAGR (3Y) | +6.9% | +11.6% | +8.8% | +3.8% | +11.8% | +30.9% | +17.8% |
| Profitability & leverage | |||||||
| Net income margin | +10.4% | +12.0% | +24.8% | +22.4% | +21.9% | +27.3% | +27.1% |
| Return on capital employed | +8.3% | +11.0% | +13.8% | +11.8% | +11.9% | +15.3% | +15.8% |
| Return on net worth | +7.0% | +10.0% | +20.7% | +16.7% | +17.0% | +26.4% | +28.8% |
| Debt / equity | 3.30 | 2.94 | 3.00 | 3.00 | 3.07 | 3.55 | 3.72 |
| Long-term debt / equity | 2.55 | 2.27 | 2.29 | 2.18 | 2.21 | 2.46 | 1.92 |
| Interest cover | 75.10 | 68.27 | 49.81 | 52.36 | 53.93 | 49.41 | 48.81 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.28 | 5.54 | 5.35 | 4.32 | 4.55 | 5.85 | 7.44 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 4,767.56 | 2,524.61 | 2,139.19 |
| EPS (₹) | 10.68 | 14.37 | 25.86 | 17.67 | 15.70 | 20.37 | 17.37 |
| Dividend per share (₹) | 2.00 | 4.00 | 3.30 | 3.00 | 3.00 | 2.00 | 2.75 |
| Book value per share (₹) | 165.04 | 146.88 | 136.43 | 113.95 | 98.87 | 86.34 | 67.62 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,543 | 2,158 | 1,918 | 1,820 | 1,743 | 1,739 | 1,799 | 1,748 |
| Revenue growth (YoY) | +45.9% | +24.0% | +6.7% | +4.1% | +7.6% | - | - | - |
| Other income | 1.46 | 5.87 | 3.41 | 3.56 | 1.40 | 2.36 | 2.03 | 1.42 |
| Total expenses | 639 | 676 | 590 | 571 | 519 | 532 | 509 | 465 |
| EBITDA | 1,904 | 1,481 | 1,329 | 1,249 | 1,224 | 1,208 | 1,290 | 1,284 |
| EBITDA margin | +74.9% | +68.7% | +69.3% | +68.7% | +70.3% | +69.5% | +71.7% | +73.4% |
| Depreciation | 58.98 | 57.79 | 57.77 | 59.01 | 55.24 | 50.31 | 51.38 | 50.90 |
| Interest | 1,107 | 932 | 763 | 688 | 645 | 610 | 629 | 594 |
| Profit before tax | 740 | 497 | 511 | 505 | 526 | 550 | 612 | 640 |
| Tax | 188 | 122 | 130 | 129 | 134 | 136 | 159 | 165 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 7,643 | 6,908 | 5,830 | 4,815 | 4,563 | 5,172 | 4,311 |
| Revenue growth | +10.6% | +18.5% | +21.1% | +5.5% | -11.8% | +20.0% | - |
| Other income | 10.70 | 26.12 | 24.74 | 11.79 | 24.20 | 21.25 | 40.89 |
| Total expenses | 2,356 | 1,961 | 1,617 | 1,460 | 1,288 | 1,048 | 1,127 |
| Employee cost | 1,268 | 1,171 | 1,022 | 1,003 | 808 | 625 | 649 |
| EBITDA | 5,287 | 4,947 | 4,213 | 3,356 | 3,275 | 4,124 | 3,184 |
| EBITDA margin | +69.2% | +71.6% | +72.3% | +69.7% | +71.8% | +79.7% | +73.9% |
| Depreciation | 230 | 201 | 188 | 163 | 157 | 156 | 154 |
| Interest | 3,028 | 2,376 | 1,828 | 1,498 | 1,392 | 1,720 | 1,391 |
| Profit before tax | 2,039 | 2,396 | 2,222 | 1,706 | 1,750 | 2,270 | 1,680 |
| Tax | 515 | 612 | 564 | 440 | 445 | 572 | 450 |
| Net profit | 1,523 | 1,757 | 1,657 | 1,266 | 1,304 | 1,697 | 1,229 |
| Net profit margin | +19.9% | +25.4% | +28.4% | +26.3% | +28.6% | +32.8% | +28.5% |
| EPS (₹) | 16.23 | 21.07 | 19.59 | 14.96 | 15.41 | 20.06 | 14.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 188 | 169 | 169 | 169 | 169 | 169 | 169 |
| Reserves & surplus | 15,202 | 11,624 | 10,180 | 8,811 | 7,774 | 6,732 | 5,155 |
| Shareholders' funds (net worth) | 15,938 | 11,793 | 10,349 | 8,980 | 7,943 | 6,902 | 5,356 |
| Secured loans | 46,869 | 26,752 | 21,631 | 19,229 | 17,231 | 16,485 | 15,692 |
| Unsecured loans | 4,212 | 818 | 1,370 | 574 | 1,310 | 1,749 | 2,401 |
| Total debt | 51,081 | 27,570 | 23,001 | 19,804 | 18,541 | 18,234 | 18,093 |
| Total liabilities | 67,019 | 39,362 | 33,350 | 28,784 | 26,484 | 25,136 | 23,449 |
| Assets | |||||||
| Gross block | 1,152 | 1,341 | 1,219 | 1,196 | 1,171 | 1,088 | 989 |
| Net block | 813 | 852 | 815 | 869 | 892 | 861 | 741 |
| Capital work in progress | 26.17 | 11.47 | 33.35 | 16.01 | 10.70 | 5.70 | 2.85 |
| Investments | 3,513 | 1,822 | 1,766 | 1,454 | 1,215 | 1,200 | 932 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 4,931 | 3,015 | 1,737 | 2,080 | 1,758 | 2,066 | 2,251 |
| Loans & advances | 2,402 | 638 | 390 | 279 | 300 | 366 | 439 |
| Total current assets | 7,333 | 3,653 | 2,127 | 2,359 | 2,058 | 2,432 | 2,690 |
| Total current liabilities | 536 | 473 | 543 | 554 | 487 | 518 | 338 |
| Net working capital | 6,797 | 3,180 | 1,584 | 1,805 | 1,571 | 1,913 | 2,352 |
| Total assets | 67,019 | 39,362 | 33,350 | 28,784 | 26,484 | 25,136 | 23,449 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2,790 | 1,529 | 1,873 | 1,563 | 1,892 | 2,089 | 294 |
| Net cash from operating activities | (20,559) | (2,734) | (2,863) | (298) | (112) | 150 | (2,506) |
| Net cash from investing activities | (3,011) | (63.35) | (307) | (280) | (118) | (261) | 34.24 |
| Net cash from financing activities | 24,960 | 4,057 | 2,826 | 888 | (100) | (86.52) | 4,268 |
| Net change in cash | 1,390 | 1,260 | (343) | 310 | (330) | (197) | 1,796 |
| Closing cash | 4,931 | 3,015 | 1,737 | 2,080 | 1,758 | 2,066 | 2,251 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.6% | +18.5% | +21.1% | +5.5% | -11.8% | +20.0% | - |
| EBITDA growth | +6.9% | +17.4% | +25.6% | +2.5% | -20.6% | +29.5% | - |
| PBT growth | -14.9% | +7.8% | +30.2% | -2.5% | -22.9% | +35.1% | +38.0% |
| Net income growth | -13.3% | +6.0% | +31.0% | -2.9% | -23.2% | +38.1% | - |
| Revenue CAGR (3Y) | +16.7% | +14.8% | +4.1% | +3.8% | +10.1% | +20.9% | +12.8% |
| EBITDA CAGR (3Y) | +16.4% | +14.7% | +0.7% | +1.8% | +12.6% | +29.8% | +13.6% |
| Profitability & leverage | |||||||
| Net income margin | +20.0% | +25.8% | +28.4% | +26.3% | +28.6% | +32.8% | +28.5% |
| Return on capital employed | +9.5% | +13.1% | +13.0% | +11.6% | +12.2% | +16.4% | +15.1% |
| Return on net worth | +11.0% | +16.1% | +17.2% | +15.0% | +17.6% | +27.7% | +25.2% |
| Debt / equity | 2.84 | 2.28 | 2.21 | 2.27 | 2.48 | 2.96 | 3.16 |
| Long-term debt / equity | 2.08 | 1.56 | 1.44 | 1.40 | 1.57 | 1.80 | 1.27 |
| Interest cover | 59.89 | 50.07 | 45.42 | 46.93 | 44.65 | 43.34 | 45.91 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.14 | 5.42 | 4.85 | 4.08 | 4.06 | 5.00 | 6.07 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 16.23 | 21.07 | 19.59 | 14.96 | 15.41 | 20.06 | 14.56 |
| Dividend per share (₹) | 2.00 | 4.00 | 3.30 | 3.00 | 3.00 | 2.00 | 2.75 |
| Book value per share (₹) | 163.83 | 139.32 | 122.27 | 106.10 | 93.84 | 81.55 | 63.00 |
To see the full year-wise statements and ratios of Manappuram Finance Limited, buy the company report.
Board of directors of Manappuram Finance Limited
Manappuram Finance has 9 current directors and 42 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vazhappully Padmanabhan Nandakumar Also directs: Manappuram Agro Farms Limited, Manappuram Health Care Limited, Manappuram Jewellers Limited. and 5 more | Managing Director | 15 Jul 1992 | 34 Years 3 Months | Current |
| Harshan Kollara Sankarakutty Also directs: Asirvad Micro Finance Limited | Director | 28 Jan 2020 | 6 Years 9 Months | Current |
| Sumitha Nandan | Whole-Time Director | 01 Jan 2023 | 3 Years 10 Months | Current |
| Rakesh Induprasad Bhatt Also directs: Rahi Platform Technologies Private Limited, Avanse Financial Services Limited, Bajaj Financial Securities Limited and 4 more | Additional Director | 05 May 2026 | 0 Years 6 Months | Current |
| Rosemary Sebastian | Additional Director | 05 May 2026 | 0 Years 6 Months | Current |
| Ashish Arvind Kotecha | Additional Director | 05 May 2026 | 0 Years 6 Months | Current |
Peer comparison
Manappuram Finance Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cholamandalam Financial Holdings Limited | ₹10,947 Cr (FY 2019) | 23.0% | Chennai, Tamil Nadu, India | |||
| Iifl Finance Limited | ₹10,237 Cr (FY 2025) | -2.0% | Thane, Maharashtra, India | |||
| Manappuram Finance Limitedthis company | ₹9,509.41 Cr (FY 2026) | ₹993.06 Cr | 10.4% | -5.0% | 32,297 | Chavakkad, Kerala, India |
| SMFG India Credit Company Limited | ₹8,083.02 Cr (FY 2024) | 41.0% | Sriperumbudur, Tamil Nadu, India | |||
| Shriram Capital Limited | ₹7,932.16 Cr (FY 2022) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Manappuram Finance Limited, buy the company report.
Auditor
Manappuram Finance Limited is audited by Deloitte Haskins and Sells LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins and Sells LLP | FY 2019 | 117366W/W-100018 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 41.70%, foreign institutional investors hold 22.30%, domestic institutional investors hold 14.90% and retail and other public shareholders hold 21.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 41.70% | 31.80% | 35.20% | 35.20% |
| Public | 58.30% | 68.20% | 64.80% | 64.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2026 | 101326142 | Others | ₹405 Cr | Open | |
| 18 Jun 2026 | 101315880 | Others | ₹400 Cr | Open | |
| 17 Jun 2026 | 101311168 | Others | ₹250 Cr | Open | |
| 12 Jun 2026 | 101308085 | Others | ₹300 Cr | Open | |
| 29 May 2026 | 101300171 | Uco Bank | ₹500 Cr | Open |
To see the full charge records of Manappuram Finance Limited, buy the company report.
Total charge records: 670 View all charges
Deals & funding
Manappuram Finance Limited has 75 deals on record (51 market trades, 11 secondary share transfers, 9 funding rounds), with disclosed funding of ₹1,812.33 Cr; the latest was in January 2026.
Deals on record (5 of 75)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Market trade | ₹380.51 Cr | Buyer: Hrti Private Limited , Graviton Research Capital LLP , Bofa Securities Europe Sa Seller: Hrti Private Limited , Graviton Research Capital LLP , Bofa Securities Europe Sa |
| Feb 2025 | Market trade | ₹92.16 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Oct 2024 | Market trade | ₹72.92 Cr | Buyer: Hrti Private Limited Seller: Hrti Private Limited |
| Jun 2024 | Market trade | ₹109.12 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Aug 2023 | Market trade | ₹1,232.94 Cr | Buyer: Mansi Share and Stock Broking Private Limited , Bofa Securities Europe Sa, Chartered Finance & Leasing Ltd. Seller: Apax Partners, Mansi Share and Stock Broking Private Limited , F3 Advisors Private Limited |
To see the full deal history of Manappuram Finance Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Manappuram Finance Limited has 1,16,008 court cases on record: 1,15,006 filed by Manappuram Finance, 1,006 filed against it. 63,099 cases are pending and 52,909 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1,14,664 | 763 | 62,581 |
| High courts | 1,335 | 240 | 513 |
| Supreme Court | 9 | 3 | 5 |
Cases on record (5 of 1,16,008)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Visakapatnam, Andhra Pradesh | Court case (CRLMP.BAIL) | Filed against the company | Pending |
| District court, Raipur, Chhattisgarh | Court case (Succession Case) | Filed against the company | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Kolhapur, Maharashtra | Criminal miscellaneous application | Filed against the company | Pending |
| District court, Kurukshetra, Haryana | Appeal | Filed against the company by an individual | Pending |
To see the full case history of Manappuram Finance Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Manappuram Finance Limited was last rated by Care on 01 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Jul 2026 |
To see the full credit ratings and regulatory alerts of Manappuram Finance Limited, buy the company report.
MSME payment delays
Manappuram Finance Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 58 overdue payments to 25 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 25)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Green India Envirosys | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Manappuram Finance Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Manappuram Finance has 4 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Manappuram Home Finance Limited | U65923KL2010PLC039179 | |
| Asirvad Micro Finance Limited | U65923TN2007PLC064550 | |
| Manappuram Insurance Brokers Limited | U66010KL2002PLC015699 | |
| Manappuram Comptech and Consultants Limited | U72200KL2000PLC013966 |
To see the full group structure of Manappuram Finance Limited, buy the company report.
Employees & EPFO
Manappuram Finance Limited has a workforce of 32,297 employees on its EPFO records as of Dec 01, 2025, across 1 active EPFO establishment.
GST
Manappuram Finance has 33 GST registrations: 29 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCM6882E1ZK | Kerala | Active | 01 Jul 2017 |
| 32AABCM6882E2ZJ | Kerala | Active | 21 Jul 2017 |
| 02AABCM6882E1ZN | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AABCM6882E1ZL | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Manappuram Finance Limited, buy the company report.
Recent activity
Manappuram Finance Limited has 79 board changes on record since 1992: 48 appointments and 31 cessations. The latest: Ashish Arvind Kotecha was appointed as Additional Director on 05 May 2026.
1442 earlier events are in the company report.
News
Frequently asked questions
Manappuram Finance is an active public limited company based in Chavakkad, Kerala, India. The company works in nbfc, within the financial services industry. It was incorporated on 15 July 1992 (34+ years old) and is registered under CIN L65910KL1992PLC006623. Listed on BSE: 531213 and NSE: MANAPPURAM.
Manappuram Finance reported revenue of ₹9,509.41 Cr for FY 2025-26 (down 5% YoY) based on consolidated financials.
Manappuram Finance has 9 current directors:
- Vazhappully Padmanabhan Nandakumar - Managing Director
- Sumitha Nandan - Whole-Time Director
- Harshan Kollara Sankarakutty - Director
- Rakesh Induprasad Bhatt - Additional Director
- Rosemary Sebastian - Additional Director
- Ashish Arvind Kotecha - Additional Director
- Rishi Mandawat - Additional Director
- Balaji Veeravalli Vijayaraghavan - Additional Director
- Rajesh Kumar Rathanchand - Additional Director
The latest financial statements of Manappuram Finance on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 14 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Manappuram Finance is 32AABCM6882E1ZK, registered in Kerala. The company has 33 GST registrations in all, of which 29 are active and 4 are cancelled or inactive. Other active GSTINs include 32AABCM6882E2ZJ (Kerala), 02AABCM6882E1ZN (Himachal Pradesh), 03AABCM6882E1ZL (Punjab).
The CIN (Corporate Identification Number) of Manappuram Finance is L65910KL1992PLC006623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Manappuram Finance is a listed company as per MCA records. Its shares are listed on both BSE (code: 531213) and NSE (symbol: MANAPPURAM).
Manappuram Finance has 1,16,008 court cases on record: 1,15,006 filed by the company and 1,006 filed against it. 63,099 are pending. Most are in the district courts.
Manappuram Finance was incorporated on 15 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ernakulam.
Manappuram Finance has 75 deals on record (51 market trades, 11 secondary share transfers, 9 funding rounds), with disclosed funding of ₹1,812.33 Cr; the latest was in January 2026.
The peers of Manappuram Finance by revenue are Cholamandalam Financial Holdings Limited, Iifl Finance Limited, SMFG India Credit Company Limited, Shriram Capital Limited, all in the BFSI industry (Finance, Large NBFC, NBFC Investment and Credit Companies), with the same principal business activity (other financial activities).
Ashish Arvind Kotecha was appointed as Additional Director on 05 May 2026. Balaji Veeravalli Vijayaraghavan was appointed as Additional Director on 05 May 2026. Rajesh Kumar Rathanchand was appointed as Additional Director on 05 May 2026. Manappuram Finance has 79 board changes on record in total.

