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MANAPPURAM — MANAPPURAM FINANCE LTD

Structural concernsHeavy debt loadInstitutions reducing stake

Price History

Data as of 26 Jun 2026· via fincrux

How MANAPPURAM has traded over time.

Is the price reasonable right now?

Where today's price sits within its own 12-month range — context, not advice.

Upper end of its 12-month range86% of range

Trading about 29% above its 12-month low and near recent highs — historically pricier territory for this stock. It sits above its 200-day average, the longer-term trend.

₹246 low₹330 high
vs 50-day avg
+3.5%
vs 200-day avg
+9.8%
Beginner mode
Plain English, with everything explained

MANAPPURAM

NSE

MANAPPURAM FINANCE LTD

Financials / NBFC

₹318.50
0.00%
last close
0%
Quality Score
Several red flagsBig money selling

MANAPPURAM FINANCE LTD clears only 0 of 3 checks. The numbers flag real concerns — exactly the kind of thing that gets lost in exciting news or social-media buzz. Tread carefully.

Company size
₹28669.00 Cr
Price tag
18.8×
Money it earns
14.7%

The four quality checks

Every company faces the same four checks. Tap the ? on any term to learn what it means.

01

Is the company drowning in loans?

Banks and lenders borrow money as their actual business, so we judge them on a relaxed scale built for financials.

Divergent

The company leans heavily on borrowed money, which adds risk if conditions worsen.

D/E 3.20goal < 1.5
02

Does it make good money, consistently?

We look at how much profit the company squeezes out of its owners' money, averaged over three years — not just one lucky quarter.

Watch

Profitability is decent but not quite at the level we'd call strong.

ROE 14.7%goal > 15% (3y avg)
03

Is the big, smart money buying in?

Large professional investors (global funds and Indian mutual funds) do deep research before buying. We track whether they've been adding or trimming their stake.

Divergent

Professional investors have been reducing their stake recently.

FII+DII 36.2%goal stable or rising (2Q)
04

Is the price reasonable right now?

Even a great company can be a bad buy if it's overpriced. We compare today's price tag to how this company has typically been priced over the past five years.

No data

We don't have enough reliable data to run this check yet, so we're leaving it open rather than guessing.

Data unavailablegoal P/E < 5y median

What we noticed

Observations from the data — not recommendations.

  • Manappuram Finance is a Non-Banking Finance Company (NBFC), which provides a wide range of fund based and fee based services including gold loans, money exchange facilities, etc. The Company is a Systemically Important…
Data as of 26 Jun 2026· via fincrux

StockVault is an educational research and mathematical-modeling sandbox. It presents structural readings derived from public data and does not provide investment advice, recommendations, or target prices. Figures shown are illustrative and delayed. Markets carry risk; decisions are your own.

Balance Sheet

What MANAPPURAM owns and owes over the years. Tap the ? on any line to learn what it means.

Line itemFigures in ₹ crore
ItemMar '22Mar '23Mar '24Mar '25Mar '26
Borrowings18,54119,80423,00127,57051,081
Equity Capital169169169169188
Reserves7,7748,81110,18011,62415,750
Total Assets26,97129,33833,89339,83667,554
Total Liabilities26,97129,33833,89339,83667,554

Loan book expanding

Borrowings have grown over the retained years. For a bank or lender that's the raw material of the business, so judge it alongside profitability, not on its own.

This is a financial company. Banks and lenders borrow money as their core business, so high borrowings here are normal and not a red flag on their own.

Periodic Performance

Yearly net profit for MANAPPURAM — does it earn money consistently?

Potential turnaroundPotential turnaround (pattern in the data)

Profit dipped in the middle years and has been recovering in the most recent ones. That's a pattern in the data, not a forecast.

₹1,305 Cr
₹1,266 Cr
₹1,658 Cr
₹1,783 Cr
₹1,525 Cr
Mar '22Mar '23Mar '24Mar '25Mar '26
rev ₹4,563 Crrev ₹4,815 Crrev ₹5,830 Crrev ₹6,906 Crrev ₹7,643 Cr
Net profit · annualProfitLoss

Strengths & Risks

What the numbers say is good and bad about MANAPPURAM — observations, not recommendations.

Strengths

1
  • Recent results show a return to profit after weaker years — a turnaround pattern in the data.

Risks

3
  • Leans heavily on borrowed money, which adds risk if conditions worsen.
  • Large professional investors have been trimming their stake recently.
  • Sits near the top of its 12-month range — historically pricier territory for this stock.

Institutional Ownership Trend

FII and DII holding across the last four quarters.

FII· Foreign institutions
23.2%-6.5 pp
DII· Domestic institutions
13.0%+4.4 pp
Jun '25Sep '25Dec '25Mar '26

Sector Peers

How others in Financials / NBFC score on the same four guardrails.

  • BAJAJFINSVBAJAJ FINSERV LTD.100
  • BAJFINANCEBAJAJ FINANCE LIMITED69
  • CHOLAFINCHOLAMANDALAM IN & FIN CO69
  • SHRIRAMFINSHRIRAM FINANCE LIMITED69
  • PFCPOWER FIN CORP LTD.69
View the full sector