About Manba Finance Limited
Data last updated: 21 January 2026
Manba Finance Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Manba Investments And Semanba Investments And Se. It specialises in investment and credit NBFC, a part of the broader financial services sector. Incorporated on 31 May 1996, the company has been in operation for over 30 years.
Registered with ROC Mumbai under CIN L65923MH1996PLC099938. Listed.
Capital: an authorised share capital of ₹55 Cr and a paid-up capital of ₹50.24 Cr. Formerly known as Manba Finance Private Limited. It is led by directors including Nikita Manish Shah and Jay Khushal Mota.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹191.63 Cr, a growth of 43% compared to the previous year.
The company has a workforce of approximately 1,078 employees as per the latest available data. It operates as a subsidiary of Manba Investments And Semanba Investments And Se.
The company is associated with 1 brand - Manba Finance. As per MCA filings, the company has open charges of ₹1,859.14 Cr and satisfied charges of ₹1,477.37 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website manbafinance.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address324 Runwal Heights Commercial Complex L.B.S Marg Opp. Nirmal Lifestyle Mulun, D (West), Mumbai, Maharashtra, India – 400080
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IndustryFinancial Services, Investment & Credit NBFC, NBFC
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Manba Finance Limited
Manba Finance Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L65923MH1996PLC099938, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65923MH1996PLC099938 | Current |
| U65923MH1996PTC099938 | Previous |
| U65923MH1996PLC099938 | Previous |
Associated Brands with Manba Finance Limited
Manba Finance Limited operates one associated brand: Manba Finance. These brands represent Manba Finance Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Provider of two-wheeler and three-wheeler loans, and other personal and small business loans | manbafinance.com |
Competitors & Alternatives of Manba Finance Limited
Brands and companies operating in the same space as Manba Finance Limited include Manappuram Finance, L & T Finance Holdings, Bajaj Finserv and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Manappuram Finance
|
Consumer and SME loans are provided by Manappuram Finance. | Valapad, India, India | 1992 |
L & T Finance Holdings
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Diversified lending services are provided as a non-banking financial institution. | Mumbai, India, India | 1994 |
Bajaj Finserv
|
Financial solutions including loans and insurance are offered. | Pune, India, India | 2007 |
Northern Arc Capital
|
Household and business loans are provided with risk management support. | Chennai, India, India | 2006 |
IIFL Finance
|
Online gold, home, personal, and business loans are provided. | Mumbai, India, India | 1995 |
Mahindra Finance
|
Consumer and SME loans are provided by Mahindra Finance. | Mumbai, India, India | 1991 |
Hero Fincorp
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2-wheeler loans and consumer/business financing are provided by Hero Fincorp. | Delhi, India, India | 1991 |
Kinara Capital
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Collateral-free loans are provided to MSMEs for business operations. | Bengaluru, India, India | 2011 |
Dvara KGFS
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Loans for consumers and SMEs are provided alongside financial services. | Chennai, India, India | 2008 |
Business Activity of Manba Finance Limited
Manba Finance Limited is engaged in the principal business activity of financial and insurance service, with detailed activities including other financial activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities | ********* |
Auditor Details of Manba Finance Limited
Manba Finance Limited is audited by KRSHNA & ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| KRSHNA & ASSOCIATES (ICAI peer reviewed, certificate valid till 2028-02-29) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Manba Finance Limited
Manba Finance Limited is currently managed by 10 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikita Manish Shah | Whole-Time Director | 31 May 1996 | 30 Years 1 Months | Current |
| Jay Khushal Mota | Cfo | 31 Mar 2017 | 9 Years 3 Months | Current |
|
Neelam Tater
Also directs:
Pacific Industries Limited, Bombay Coated And Special Steels Limited, Akme Fintrade (India) Limited and 1 more
|
Director | 25 Oct 2023 | 2 Years 8 Months | Current |
| Monil Manish Shah | Whole-Time Director | 07 Feb 2017 | 9 Years 5 Months | Current |
| Manish Kiritkumar Shah | Managing Director | 01 Feb 2010 | 16 Years 5 Months | Current |
| Sujay Shantilal Jagani | Director | 18 Feb 2025 | 1 Years 4 Months | Current |
Financials of Manba Finance Limited FY 2026 filings available
Manba Finance Limited reported revenue of ₹328.19 Cr (up 31.06% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹328.19 Cr | ₹250.41 Cr |
| Interest Earned | ₹313.46 Cr | ₹236.93 Cr |
| Other Income | ₹2.01 Cr | ₹3.76 Lakh |
| Total Income | ₹330.19 Cr | ₹250.45 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 |
| Employee Benefit Expense | ₹59.52 Cr | ₹50.02 Cr |
| Finance Costs | ₹151.93 Cr | ₹107.84 Cr |
| Depreciation & Amortisation | ₹4.72 Cr | ₹4.59 Cr |
| Other Expenses | ₹28.06 Cr | ₹20.93 Cr |
| Total Expenses | ₹268.69 Cr | ₹200.35 Cr |
| Profit Before Exceptional Items & Tax | ₹61.5 Cr | ₹50.1 Cr |
| Exceptional Items | ₹0 | ₹0 |
| Profit Before Tax | ₹61.5 Cr | ₹50.1 Cr |
| Total Tax Expense | ₹16.14 Cr | ₹12.3 Cr |
| Net Profit | ₹45.36 Cr | ₹37.8 Cr |
| Other Comprehensive Income | ₹52.89 Lakh | ₹25.76 Lakh |
| Total Comprehensive Income | ₹45.89 Cr | ₹38.06 Cr |
| EBITDA (computed) | ₹218.15 Cr | ₹162.53 Cr |
| Basic EPS | ₹9.03 | ₹7.52 |
| Diluted EPS | ₹9.03 | ₹7.52 |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹1,979.24 Cr | ₹1,465.98 Cr |
| Property, Plant & Equipment | ₹8.35 Cr | ₹9.62 Cr |
| Inventories | ₹0 | ₹0 |
| Cash & Equivalents | ₹177.84 Cr | ₹128.47 Cr |
| Equity (Net Worth) | ₹409.76 Cr | ₹368.9 Cr |
| Equity Share Capital | ₹50.24 Cr | ₹50.24 Cr |
| Total Liabilities | ₹1,569.48 Cr | ₹1,097.08 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | -₹378.08 Cr | -₹323.56 Cr |
| Investing Cash Flow | -₹59.68 Cr | -₹14.65 Cr |
| Financing Cash Flow | ₹465.02 Cr | ₹453.13 Cr |
| Capital Expenditure | ₹1.1 Cr | ₹2.61 Cr |
| Free Cash Flow (computed) | -₹379.17 Cr | -₹326.17 Cr |
| Dividends Paid | ₹5.02 Cr | ₹2.51 Cr |
| Net Change in Cash | ₹27.26 Cr | ₹114.92 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹93.38 Cr | ₹89.82 Cr | ₹77.62 Cr | ₹67 Cr | ₹67.93 Cr | ₹68.87 Cr | ₹64.6 Cr | ₹49.01 Cr |
| Interest Earned | ₹92.37 Cr | ₹84.3 Cr | ₹72.33 Cr | ₹63.04 Cr | ₹65.52 Cr | ₹64.38 Cr | ₹60.35 Cr | ₹45.62 Cr |
| Other Income | ₹4.2 Lakh | ₹1.03 Lakh | -₹5.94 Lakh | ₹2.02 Cr | ₹0 | ₹0 | ₹2.48 Lakh | ₹1.28 Lakh |
| Total Income | ₹93.42 Cr | ₹89.83 Cr | ₹77.56 Cr | ₹69.02 Cr | ₹67.93 Cr | ₹68.87 Cr | ₹64.62 Cr | ₹49.02 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹16.26 Cr | ₹15.91 Cr | ₹14.29 Cr | ₹13.06 Cr | ₹13.42 Cr | ₹13.6 Cr | ₹11.74 Cr | ₹11.26 Cr |
| Finance Costs | ₹42.62 Cr | ₹42.12 Cr | ₹34.8 Cr | ₹32.39 Cr | ₹29.01 Cr | ₹28.29 Cr | ₹27.06 Cr | ₹23.48 Cr |
| Depreciation & Amortisation | ₹1.18 Cr | ₹1.2 Cr | ₹1.18 Cr | ₹1.16 Cr | ₹1.23 Cr | ₹1.14 Cr | ₹1.12 Cr | ₹1.11 Cr |
| Other Expenses | ₹7.78 Cr | ₹7.18 Cr | ₹6.83 Cr | ₹5.9 Cr | ₹6.36 Cr | ₹4.86 Cr | ₹5.23 Cr | ₹4.48 Cr |
| Total Expenses | ₹76.48 Cr | ₹72.69 Cr | ₹62.32 Cr | ₹56.84 Cr | ₹56.74 Cr | ₹52.41 Cr | ₹48.71 Cr | ₹42.49 Cr |
| Profit Before Exceptional Items & Tax | ₹16.94 Cr | ₹17.14 Cr | ₹15.24 Cr | ₹12.18 Cr | ₹11.19 Cr | ₹16.46 Cr | ₹15.92 Cr | ₹6.53 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹16.94 Cr | ₹17.14 Cr | ₹15.24 Cr | ₹12.18 Cr | ₹11.19 Cr | ₹16.46 Cr | ₹15.92 Cr | ₹6.53 Cr |
| Total Tax Expense | ₹5.81 Cr | ₹4.06 Cr | ₹3.84 Cr | ₹2.43 Cr | ₹3.17 Cr | ₹3.5 Cr | ₹4.27 Cr | ₹1.36 Cr |
| Net Profit | ₹11.13 Cr | ₹13.08 Cr | ₹11.4 Cr | ₹9.75 Cr | ₹8.02 Cr | ₹12.96 Cr | ₹11.64 Cr | ₹5.18 Cr |
| Other Comprehensive Income | ₹45.73 Lakh | ₹3.13 Lakh | -₹16.27 Lakh | ₹20.28 Lakh | ₹10.87 Lakh | ₹7.58 Lakh | -₹18.83 Lakh | ₹26.13 Lakh |
| Total Comprehensive Income | ₹11.58 Cr | ₹13.11 Cr | ₹11.24 Cr | ₹9.95 Cr | ₹8.13 Cr | ₹13.03 Cr | ₹11.45 Cr | ₹5.44 Cr |
| EBITDA (computed) | ₹60.74 Cr | ₹60.46 Cr | ₹51.22 Cr | ₹45.73 Cr | ₹41.43 Cr | ₹45.89 Cr | ₹44.09 Cr | ₹31.13 Cr |
| Basic EPS | ₹2.21 | ₹2.60 | ₹2.27 | ₹1.94 | ₹1.60 | ₹2.58 | ₹0.00 | ₹1.37 |
| Diluted EPS | ₹2.21 | ₹2.60 | ₹2.27 | ₹1.94 | ₹1.60 | ₹2.58 | ₹0.00 | ₹1.37 |
Shareholding Pattern of Manba Finance Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.98%, foreign institutional investors hold 0.87%, retail and other public shareholders hold 24.15% of Manba Finance Limited. The company had 18,491 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% |
| Public | 25.02% | 25.02% | 25.02% | 25.02% | 25.02% | 25.02% |
| Mar 2026 | Mar 2025 | |
|---|---|---|
| Promoters | 74.98% | 74.98% |
| Public | 25.02% | 25.02% |
| Promoter change (YoY, %pts) | +0.00 | - |
Board & Governance of Manba Finance Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Manba Finance Limited has 8 directors - 4 independent and 4 executive. The board is chaired by NALLEPILLY RAMASWAMI PARAMESWARAN.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| MANISH KIRITKUMAR SHAH | Executive Director · MD | 1996-05-31 | 1 |
| NIKITA MANISH SHAH | Executive Director | 1996-05-31 | 1 |
| MONIL MANISH SHAH | Executive Director | 2017-02-07 | 1 |
| JAY KHUSHAL MOTA | Executive Director | 2023-02-13 | 1 |
| ABHINAV SHARMA | Non-Executive - Independent Director | 2019-09-02 | 1 |
| NEELAM TATER | Non-Executive - Independent Director | 2023-10-25 | 4 |
| NALLEPILLY RAMASWAMI PARAMESWARAN | Non-Executive - Independent Director · Chairperson | 2024-12-17 | 1 |
| SUJAY SHANTILAL JAGANI | Non-Executive - Independent Director | 2025-02-18 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | SUJAY SHANTILAL JAGANI (Chairperson), ABHINAV SHARMA, NEELAM TATER |
| Nomination and remuneration committee | NEELAM TATER (Chairperson), ABHINAV SHARMA, NALLEPILLY RAMASWAMI PARAMESWARAN |
| Stakeholders Relationship Committee | ABHINAV SHARMA (Chairperson), MANISH KIRITKUMAR SHAH, MONIL MANISH SHAH, SUJAY SHANTILAL JAGANI |
| Corporate Social Responsibility Committee | MANISH KIRITKUMAR SHAH (Chairperson), NIKITA MANISH SHAH, ABHINAV SHARMA, NALLEPILLY RAMASWAMI PARAMESWARAN |
Charges & Borrowings of Manba Finance Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Dec 2025 | Others | ₹10 Cr | Open |
| 19 Dec 2025 | Others | ₹25 Cr | Open |
| 19 Dec 2025 | Others | ₹50 Cr | Open |
| 30 Sep 2025 | Others | ₹25 Cr | Open |
| 30 Sep 2025 | Others | ₹20 Cr | Open |
Total charge records: 230 View all charges
Employees and EPFO Compliance at Manba Finance Limited
Manba Finance Limited has a workforce of 1,078 employees as of Jan 21, 2026.
Employee Count & EPFO Data of Manba Finance Limited
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GST Compliance of Manba Finance Limited
GSTIN & GST Filing Data of Manba Finance Limited
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Credit Ratings, Litigation & Regulatory Alerts for Manba Finance Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Manba Finance Limited
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MSME Payment Delays by Manba Finance Limited
MSME Payment Delays by Manba Finance Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Manba Finance Limited
Subsidiaries & Group Companies of Manba Finance Limited
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MCA Filings & Documents of Manba Finance Limited
MCA Filings & Documents of Manba Finance Limited
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Recent Activity on Manba Finance Limited
Recent News on Manba Finance Limited
Frequently Asked Questions about Manba Finance Limited
Manba Finance Limited is an active public limited company in the financial services sector based in Mumbai, Maharashtra, India. It was incorporated on 31 May 1996 (30+ years old) and is registered under CIN L65923MH1996PLC099938. The company has 1,078 employees.
Manba Finance Limited reported revenue of ₹191.63 Cr for FY 2024 (up 43.00% YoY).
The current directors of Manba Finance Limited are:
The primary industry of Manba Finance Limited is financial services. The company specifically operates in investment and credit nbfc. The company is currently active in this sector.
Yes, Manba Finance Limited is a listed company.
Manba Finance Limited can be reached at the registered office: 324 Runwal Heights Commercial Complex L.B.S Marg Opp. Nirmal Lifestyle Mulun, D West, Mumbai, Maharashtra, India – 400080, or through the website manbafinance.com.