Manappuram Finance Ltd Stock Price Today (NSE: MANAPPURAM)
Manappuram Finance Ltd
Fundamental Score
Manappuram Finance Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Manappuram Finance Ltd share price today is ₹255.80, up +0.16% on NSE/BSE as of 16 April 2026. Manappuram Finance Ltd (MANAPPURAM) is a Large-cap company in the Non Banking Financial Company (NBFC) sector with a market capitalisation of ₹23.91K (Cr). The 52-week high for MANAPPURAM share price is ₹321.60 and the 52-week low is ₹222.51. At a P/E ratio of 53.23x, MANAPPURAM is currently trading above its industry average P/E of 22.03x. The company has a Return on Equity (ROE) of 10.14% and a debt-to-equity ratio of 3.02.
Manappuram Finance Ltd Share Price Chart — NSE/BSE Historical Performance
AI Research Briefing
Powered by Gemini · 2026-04-10
Bain Capital's entry is a potential catalyst, but zero open offer tenders raise concerns about near-term upside.
⚡ WHAT'S HAPPENING NOW (last 2-4 weeks): Manappuram Finance approved a ₹2,192 crore capital raise through a preferential issue, with BC Asia group entities investing. Approximately ₹548 crore has already been received as upfront payment for warrants. BC Asia Investments launched an open offer to acquire up to 26% of the company's expanded voting share capital, valued at ₹6,063 crore, with the tendering period from April 6-20, 2026. However, as of April 9, 2026, the open offer recorded zero share tenders. The board approved a ₹7,400 crore borrowing program for FY27 through non-convertible debentures. 🧠 CORE STORY (THE REAL GAME): Manappuram is a play on gold loan financing, but the market is focused on the Bain Capital's entry and potential influence on the company's strategy and capital allocation. 🔥 WHAT IS DRIVING THE STOCK: 1. **Bain Capital Stake:** Bain Capital's investment and open offer are key drivers. The preferential issue at ₹236 per share and subsequent open offer have created an anchor investor. 2. **Borrowing Program:** The approval of a ₹7,400 crore borrowing program signals growth ambitions and the need for capital. ⚖️ BULL vs BEAR: Bull: Bain Capital's involvement could lead to improved governance, strategic direction, and access to capital. A potential dividend of ₹1.5-2 per share is expected at the Q4 FY26 board meeting. Bear: Zero share tenders in the open offer suggest limited upside from the current levels. Microfinance weakness and potential regulatory changes pose risks. High Debt/Equity of 3.02 and low Interest Coverage of 1.15x. 💣 WHAT MARKET IS PRICING: The market is pricing in a smooth acquisition of a 26% stake by Bain Capital and subsequent positive changes in the company's performance. Failure of the open offer or any strategic disagreements could lead to a derating. 🎯 BOTTOM LINE: Manappuram is a hold, but watch the open offer closely; zero tenders suggest limited near-term upside, and the high valuation demands flawless execution.
- Bain Capital's open offer in progress
- ₹7,400 crore borrowing program approved
- Potential dividend announcement in May 2026
- Successful completion of Bain Capital's open offer
- Positive Q4 FY26 results and FY27 guidance
- RBI policy changes favoring NBFCs
- Zero share tenders in the open offer
- High Debt/Equity ratio of 3.02
- Microfinance weakness
FII holding increased by 0.45% and DII holding increased by 0.56%.
RBI is considering a new framework for NBFC categorization, which could impact Manappuram.
No - Negative Free Cash Flow 5Y: ₹-8778.83 Cr.
Bain Capital's influence and the success of the borrowing program will determine the company's trajectory. Watch for Q4 results and FY27 guidance.
Primary Thesis Risk
Failure of Bain Capital's strategy to improve performance and governance.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
ROE
ROCE
OPM (5Y)
Div Yield
Manappuram Finance Ltd Valuation Check
P/E Ratio
Industry P/E
Market Cap
Growth Engine
Profit Growth (Q)
Sales Growth (Q)
Sales Growth (5Y)
EPS Growth (5Y)
Profit Growth (5Y)
Balance Sheet Health
Debt to Equity
Int. Coverage
Free Cash Flow (5Y)
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Institutional Deep-Dive
Bull Run Research Hub
Manappuram Finance Share Price: A Financial Analysis
In the dynamic landscape of Non-Banking Financial Companies (NBFCs), gold loan companies are experiencing heightened competition and regulatory scrutiny, demanding a sharp focus on operational efficiency and risk management. This analysis delves into the financial standing of Manappuram Finance Ltd, specifically examining the factors influencing the Manappuram Finance share price. Currently trading at ₹300.8999938964844, the company exhibits a Price-to-Earnings (PE) ratio of 53.23, suggesting a premium valuation relative to its earnings.
One crucial aspect to consider is Manappuram Finance's Return on Capital Employed (ROCE) of 11.03%. ROCE is a key indicator of how efficiently a company uses its capital to generate profits. While 11.03% is a respectable figure, it's vital to assess whether this level sufficiently contributes to building a durable competitive advantage, or "moat," around the business. A higher ROCE generally signifies a stronger moat, attracting further investment and potentially driving up the Manappuram Finance share price over the long term.
Comparing Manappuram Finance Ltd with its peers provides valuable context. For example,
Apollo Finvest’s management quality, particularly in navigating regulatory changes and market volatility, presents an interesting point of comparison. Understanding the nuances of management expertise and strategic decision-making is crucial when evaluating long-term investment potential within the NBFC sector. Furthermore, analyzing Manappuram's performance against companies like Bengal & Assam and Fedders Holding Ltd across key metrics like loan disbursement growth, asset quality, and cost of funds is essential for a comprehensive understanding of its competitive position.This analysis is part of a comprehensive 80-parameter fundamental audit, meticulously verified by Sweta Mishra, aimed at providing an objective perspective on Manappuram Finance's financial health and market position. It's important to note that this is an observational analysis of publicly available data and should not be construed as investment advice.
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Manappuram Finance Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of MANAPPURAM across key market metrics for learning purposes.
Positive Indicators
4 factors identified
Strong Operating Margins (64.33%)
Observation: Healthy 5-year operating margins indicate pricing power and cost control.
Analysis: OPM >15% suggests operational efficiency and competitive advantages.
Consistent Growth Track Record (12.86% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Strong Institutional Confidence (FII+DII: 39.33%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
8 factors identified
Premium Valuation Risk (P/E: 53.23x)
Observation: High valuation multiples may limit upside potential.
Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.
Profit Decline Concern (-61.47%)
Observation: Significant year-over-year profit contraction observed.
Analysis: Declining profitability requires investigation into underlying causes.
Revenue Contraction (-13.28%)
Observation: Sales decline may indicate market challenges or competitive pressures.
Analysis: Negative revenue growth requires analysis of market conditions.
Weak Earnings Growth (-3.72% CAGR)
Observation: Below-average 5-year EPS growth performance.
Analysis: Low EPS growth may not keep pace with inflation.
Stagnant Profit Growth (-3.69% CAGR)
Observation: Limited 5-year profit growth trajectory.
Analysis: Low profit growth may indicate scalability challenges or market maturity.
Elevated Debt Levels (D/E: 3.02)
Observation: High leverage increases financial risk and interest burden.
Analysis: High debt-to-equity ratios require monitoring of debt servicing capability.
Weak Interest Coverage (1.15x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-8778.83 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
Manappuram Finance Ltd Financial Statements
Comprehensive financial data for Manappuram Finance Ltd including income statement, balance sheet and cash flow
About MANAPPURAM (Manappuram Finance Ltd)
Manappuram Finance Ltd is a prominent Non-Banking Financial Company (NBFC) deeply rooted in the Indian financial landscape. The company primarily operates by providing accessible a...nd secured financial solutions catering to a diverse range of customer needs. While gold loans constitute a significant portion of their portfolio, Manappuram Finance has strategically diversified its offerings to encompass a broader spectrum of financial products. These include various loan types tailored to specific requirements, facilitating access to credit for individuals and businesses alike. Manappuram Finance is committed to providing financial access to a wide range of people. Beyond its core lending activities, Manappuram Finance extends its services to encompass ancillary financial solutions, aiming to provide a comprehensive financial ecosystem for its customers. The company facilitates foreign exchange transactions and money transfers, ensuring seamless and efficient cross-border financial movements. Furthermore, Manappuram Finance offers convenient digital wallet services, catering to the growing demand for cashless transactions. Manappuram Finance is committed to enhancing accessibility and convenience, leveraging technology to stay competitive. Manappuram Finance further enhances its service portfolio by providing essential auxiliary services, catering to the diverse financial needs of its customer base. The company extends depository services and assists in opening demat accounts, facilitating participation in the Indian stock market. Moreover, Manappuram Finance provides convenient pan card services, simplifying access to this essential identification document. This holistic approach reflects Manappuram Finance's commitment to providing a comprehensive suite of financial and related services, further solidifying its position as a versatile and customer-centric NBFC.
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MANAPPURAM Share Price: Frequently Asked Questions
What is the current share price of Manappuram Finance Ltd (MANAPPURAM)?
As of 16 Apr 2026, 11:00 am IST, Manappuram Finance Ltd share price is ₹255.80. The MANAPPURAM stock has a market capitalisation of ₹23.91K (Cr) on NSE/BSE.
Is MANAPPURAM share price Overvalued or Undervalued?
MANAPPURAM share price is currently trading at a P/E ratio of 53.23x, compared to the industry average of 22.03x. Based on this relative valuation, the Manappuram Finance Ltd stock appears to be Overvalued against its sector peers.
What is the 52-week high and low of MANAPPURAM share price?
The 52-week high of MANAPPURAM share price is ₹321.60 and the 52-week low is ₹222.51. These values are updated daily from NSE/BSE price data.
What factors affect the Manappuram Finance Ltd share price?
Key factors influencing MANAPPURAM share price include quarterly earnings growth (Sales Growth: -13.28%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).
Is Manappuram Finance Ltd a good stock for long-term investment?
Manappuram Finance Ltd shows a 5-year Profit Growth of -3.69% and an ROE of 10.14%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 3.02 before investing in MANAPPURAM shares.
How does Manappuram Finance Ltd compare with its industry peers?
Manappuram Finance Ltd competes with major peers in the Non Banking Financial Company (NBFC). Investors should compare MANAPPURAM share price P/E of 53.23x and ROE of 10.14% against the industry averages to determine competitive standing.
What is the P/E ratio of MANAPPURAM and what does it mean?
MANAPPURAM share price has a P/E ratio of 53.23x compared to the industry average of 22.03x. Investors pay ₹53 for every ₹1 of annual earnings.
How is MANAPPURAM performing according to Bull Run's analysis?
MANAPPURAM has a Bull Run fundamental score of 12.4/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.
What sector and industry does MANAPPURAM belong to?
MANAPPURAM operates in the Non Banking Financial Company (NBFC) industry. This classification helps understand the competitive landscape and sector-specific trends affecting Manappuram Finance Ltd share price.
What is Return on Equity (ROE) and why is it important for MANAPPURAM?
MANAPPURAM has an ROE of 10.14%, which shows decent profitability but room for improvement. ROE measures how efficiently Manappuram Finance Ltd generates profits from shareholders capital.
How is MANAPPURAM debt-to-equity ratio and what does it indicate?
MANAPPURAM has a debt-to-equity ratio of 3.02, which indicates high leverage that increases financial risk.
What is MANAPPURAM dividend yield and is it a good dividend stock?
MANAPPURAM offers a dividend yield of 1.24%, meaning you receive ₹1.24 annual dividend for every ₹100 invested in Manappuram Finance Ltd shares.
How has MANAPPURAM share price grown over the past 5 years?
MANAPPURAM has achieved 5-year growth rates of: Sales Growth 12.86%, Profit Growth -3.69%, and EPS Growth -3.72%.
What is the promoter holding in MANAPPURAM and why does it matter?
Promoters hold 35.25% of MANAPPURAM shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Manappuram Finance Ltd.
What is MANAPPURAM market capitalisation category?
MANAPPURAM has a market capitalisation of ₹23908 crores, placing it in the Large-cap category.
How volatile is MANAPPURAM stock?
MANAPPURAM has a beta of N/A. A beta > 1 suggests the Manappuram Finance Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.
What is MANAPPURAM operating profit margin trend?
MANAPPURAM has a 5-year average Operating Profit Margin (OPM) of 64.33%, indicating the company's operational efficiency.
How is MANAPPURAM quarterly performance?
Recent quarterly performance shows Manappuram Finance Ltd YoY Sales Growth of -13.28% and YoY Profit Growth of -61.47%.
What is the institutional holding pattern in MANAPPURAM?
MANAPPURAM has FII holding of 30.16% and DII holding of 9.17%. Significant institutional holding often suggests professional confidence in the Manappuram Finance Ltd stock.