Price
Financials
Standalone, Rs crore| Jun 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35 | 48 | 55 | 49 | 65 | 69 | 68 | 67 | 78 | 90 | 93 | 93 |
| Interest | 18 | 22 | 24 | 23 | 27 | 28 | 29 | 32 | 35 | 42 | 43 | 44 |
| Expenses | 13 | 19 | 19 | 18 | 21 | 23 | 27 | 23 | 26 | 30 | 33 | 32 |
| Financing Profit | 4 | 7 | 12 | 8 | 17 | 18 | 12 | 11 | 16 | 18 | 18 | 17 |
| Financing Margin % | 12% | 15% | 22% | 16% | 26% | 26% | 18% | 17% | 21% | 20% | 19% | 19% |
| Other Income | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | -0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 4 | 6 | 11 | 7 | 16 | 16 | 11 | 12 | 15 | 17 | 17 | 16 |
| Tax % | 36% | 23% | 13% | 21% | 27% | 21% | 28% | 20% | 25% | 24% | 34% | 18% |
| Net Profit | 3 | 5 | 10 | 5 | 12 | 13 | 8 | 10 | 11 | 13 | 11 | 13 |
| EPS in Rs | 2.13 | 3.85 | 2.60 | 1.38 | 2.32 | 2.58 | 1.60 | 1.94 | 2.27 | 2.60 | 2.22 | 2.64 |
| Gross NPA % | 3.56% | 3.37% | 3.64% | 2.83% | 3.68% | 3.47% | 3.38% | 3.58% | 3.41% | |||
| Net NPA % | 2.89% | 2.70% | 2.84% | 2.21% | 2.82% | 2.64% | 2.57% | 2.67% | 2.52% |
| Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29 | 87 | 118 | 105 | 107 | 133 | 192 | 251 | 328 | 354 |
| Interest | 11 | 35 | 50 | 51 | 47 | 57 | 82 | 108 | 152 | 163 |
| Expenses | 12 | 31 | 38 | 34 | 37 | 52 | 67 | 88 | 112 | 120 |
| Financing Profit | 6 | 22 | 29 | 21 | 23 | 25 | 43 | 55 | 64 | 70 |
| Financing Margin % | 21% | 25% | 25% | 19% | 21% | 19% | 22% | 22% | 20% | 20% |
| Other Income | 0 | 1 | -3 | -5 | -7 | 1 | 0 | -0 | 2 | -0 |
| Depreciation | 1 | 2 | 2 | 4 | 4 | 4 | 4 | 5 | 5 | 5 |
| Profit before tax | 6 | 21 | 24 | 12 | 12 | 21 | 39 | 50 | 62 | 65 |
| Tax % | 32% | 32% | 24% | 25% | 22% | 28% | 19% | 25% | 26% | |
| Net Profit | 4 | 14 | 18 | 9 | 9 | 15 | 31 | 38 | 45 | 49 |
| EPS in Rs | 7.00 | 15.20 | 14.49 | 7.22 | 7.51 | 12.11 | 8.28 | 7.52 | 9.03 | 9.73 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 11% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 26% | 35% | 32% | ||
| Compounded Profit Growth | % | 29% | 44% | 15% | ||
| Stock Price CAGR | % | % | % | 3% | ||
| Return on Equity | % | 12% | 13% | 12% |
| Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 9 | 13 | 13 | 13 | 13 | 38 | 50 | 50 |
| Reserves | 32 | 94 | 123 | 130 | 140 | 154 | 163 | 319 | 360 |
| Borrowing | 97 | 372 | 394 | 379 | 395 | 608 | 763 | 1,084 | 1,556 |
| Other Liabilities | 8 | 31 | 11 | 6 | 16 | 15 | 10 | 13 | 14 |
| Total Liabilities | 143 | 506 | 541 | 528 | 564 | 789 | 974 | 1,466 | 1,979 |
| Fixed Assets | 10 | 15 | 14 | 16 | 13 | 22 | 20 | 18 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 18 | 27 | 38 | 94 |
| Other Assets | 133 | 491 | 527 | 512 | 551 | 749 | 927 | 1,410 | 1,870 |
| Total Assets | 143 | 506 | 541 | 528 | 564 | 789 | 974 | 1,466 | 1,979 |
| Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 7 | 73 | 18 | -124 | -141 | -320 | -378 | ||
| Cash from Investing Activity | -1 | -1 | -1 | -19 | 1 | -15 | -60 | ||
| Cash from Financing Activity | -13 | -69 | 19 | 202 | 156 | 450 | 465 | ||
| Net Cash Flow | -7 | 3 | 36 | 59 | 16 | 115 | 27 | ||
| Free Cash Flow | 6 | 71 | 18 | -125 | -143 | -323 | -379 | ||
| CFO/OP | 8% | 102% | 27% | -152% | -113% | -197% | -175% |
| Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| ROE % | 10% | 13% | 17% | 9% | 10% | 10% | 17% | 13% | 12% |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Promoters | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% | 74.98% |
| FIIs | 5.16% | 2.35% | 0.92% | 0.87% | 0.88% | 0.92% | 0.87% | 0.92% |
| DIIs | 3.26% | 0.42% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 16.60% | 22.26% | 24.09% | 24.16% | 24.15% | 24.11% | 24.15% | 24.09% |
| No. of Shareholders | 36,351 | 24,807 | 23,661 | 22,312 | 21,184 | 19,446 | 18,491 | 17,898 |
Fundamentals
Market Cap₹ 686 Cr.
Current Price₹ 137
Stock P/E14.0
Book Value₹ 81.6
ROCE12.5 %
ROE11.6 %
Dividend Yield0.73 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)32%
Compounded Profit Growth (TTM)15%
Standalone figures.
Valuation
Market capRs 698 Cr
Enterprise valueRs 1,542 Cr
P/E (TTM)14.29x
Price to book1.89x
Price to sales1.97x
EV / EBITDA6.61x
EV / EBIT6.75x
EV / sales4.36x
Earnings yield7.00%
Dividend yield0.54%
P/E, 3-year average17.60x
P/B, 3-year average1.80x
P/E, 5-year average17.60x
P/B, 5-year average1.80x
Profitability
Operating margin (excl. other income)64.76%
Operating margin (incl. other income)64.76%
EBITDA margin65.96%
Pre-tax margin18.50%
Net profit margin13.82%
Net margin, latest quarter14.32%
ROE13.27%
ROCE13.07%
ROA3.10%
ROE, 3-year average13.26%
ROCE, 3-year average12.90%
ROA, 3-year average2.96%
ROE, 5-year average10.53%
ROCE, 5-year average12.33%
ROA, 5-year average2.46%
ROIC (approx.)14.21%
Tax rate24.55%
Other income / net worth-0.00%
Growth
Sales growth (latest year)30.99%
Profit growth (latest year)21.23%
Sales CAGR, 3 years33.04%
Sales CAGR, 5 years16.33%
Profit CAGR, 3 years58.85%
Profit CAGR, 5 years15.74%
Sales growth QoQ-0.87%
Profit growth QoQ19.14%
Sales growth YoY (latest quarter)38.21%
Profit growth YoY (latest quarter)36.00%
Per share
EPS (TTM)Rs 9.73
EPS (latest year)Rs 7.52
EPS (latest quarter)Rs 2.64
EPS, 3-year averageRs 9.30
EPS, 5-year averageRs 8.53
Book value per shareRs 73.43
Sales per shareRs 70.39
Cash flow per shareRs -63.76
Free cash flow per shareRs -75.44
Dividend per share (latest year)Rs 0.75
Dividend per share, 3-year averageRs 0.75
Dividend per share, 5-year averageRs 0.75
Dividends
Dividend payout9.97%
Dividend payout, 3-year average9.97%
Dividend payout, 5-year average9.97%
Efficiency
Asset turnover0.17x
Fixed asset turnover13.93x
Leverage
Total debtRs 1,084 Cr
Cash and bankRs 240 Cr
Net debtRs 844 Cr
Debt to equity2.94x
Net debt / EBITDA3.62x
Interest coverage1.40x
Owners' fund to total sources25.16%
Debt to assets73.93%
Cash flow
Cash from Operating Activity (latest year)Rs -320 Cr
Cash from Investing Activity (latest year)Rs -15 Cr
Cash from Financing Activity (latest year)Rs 450 Cr
Net Cash Flow (latest year)Rs 115 Cr
Free cash flow (latest year)Rs -379 Cr
FCFE (approx.: FCF + change in debt)Rs -58 Cr
Cash from ops / profit, 5 years-6.85x
Statement figures
Net sales (TTM)Rs 354 Cr
Net sales (latest year)Rs 251 Cr
Sales (latest quarter)Rs 93 Cr
Operating profit excl. other income (latest year)Rs 163 Cr
Operating profit (latest quarter)Rs 61 Cr
Other income (TTM)Rs -0 Cr
EBITDA (TTM)Rs 233 Cr
PBDT (TTM)Rs 70 Cr
Profit before tax (TTM)Rs 65 Cr
Tax (latest year)Rs 12 Cr
Net profit (TTM)Rs 49 Cr
Net profit (latest year)Rs 38 Cr
Net profit (latest quarter)Rs 13 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 163 Cr
Cost of goods sold (latest year)Rs 2 Cr
Total expenditure (latest year)Rs 88 Cr
Total income (latest year)Rs 251 Cr
Share capitalRs 50 Cr
ReservesRs 319 Cr
Shareholders' fundsRs 369 Cr
Total assetsRs 1,466 Cr
Net blockRs 18 Cr
InvestmentsRs 38 Cr
Other liabilitiesRs 13 Cr
Shares outstanding (crore)5.02
Ownership
Promoter holding74.98% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 14.3 is at the 19th percentile of its own 2.2-year range
(median 16.4, low 11.8, high 53.7).
P/B 1.89 is at the 15th percentile (median 3.41).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | MANBA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -1.0% | -2.8% | +1.8 pts |
| 1 month | +7.5% | -6.8% | +14.3 pts |
| 3 months | -0.1% | -7.6% | +7.5 pts |
| 6 months | +38.3% | +0.4% | +37.9 pts |
| 1 year | +1.9% | -9.9% | +11.8 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -695% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 24% of total assets in 2026 |
| explain | Low interest cover Interest cover 1.5x in 2026 |
| look | Share dilution Share count up 33% in a year |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Revenue ₹93 Cr +38.8% vs Jun 2025.
Net profit ₹13 Cr +30.0%.
Against our estimate for Jun 2026: sales +3.9%, profit +1.7% in line. Our estimate for Sep 2026: sales Rs 107 Cr, profit Rs 15 Cr (how).
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Bajaj Finance Ltd | 606,283 | 29.6 | 10.9 % |
| Shriram Finance Ltd | 228,598 | 20.2 | 11.5 % |
| Tata Capital Ltd | 140,654 | 25.9 | 8.58 % |
| Cholamandalam Investment & Finance Company Ltd | 139,031 | 24.2 | 9.71 % |
| Muthoot Finance Ltd | 109,874 | 9.66 | 15.8 % |
| L&T Finance Ltd | 67,935 | 21.2 | 8.40 % |
| SBI Cards & Payment Services Ltd | 55,290 | 24.3 | 10.1 % |
| HDB Financial Services Ltd | 52,415 | 19.0 | 9.09 % |
| Sundaram Finance Ltd | 48,161 | 21.2 | 9.44 % |
| Authum Investment & Infrastructure Ltd | 46,011 | 22.0 | 13.6 % |
| Mahindra & Mahindra Financial Services Ltd | 45,035 | 13.5 | 8.72 % |
| Poonawalla Fincorp Ltd | 39,011 | 49.6 | 7.51 % |
| Manappuram Finance Ltd | 29,725 | 20.5 | 8.25 % |
| IIFL Finance Ltd | 25,929 | 12.3 | 10.9 % |
| Capri Global Capital Ltd | 23,756 | 21.1 | 11.7 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-18 | Dividend - Re 0.25 Per Share | |
| 2026-08-07 | Interim Dividend - Re 0.25 Per Share | |
| 2026-02-06 | Interim Dividend - Re 0.25 Per Share | |
| 2025-11-21 | Interim Dividend - Rs 0.50 Per Share | |
| 2025-09-12 | Dividend - Re 0.25 Per Share | |
| 2025-02-05 | Interim Dividend - Re 0.25 Per Share | |
| 2024-11-04 | Interim Dividend - Re 0.25 Per Share |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Manba Finance Ltd?
Manba Finance Ltd (MANBA) has a market capitalisation of Rs 686 Cr. at the 2026-10-01 close.
What is the P/E ratio of Manba Finance Ltd?
Manba Finance Ltd trades at a P/E of 14.0 on trailing twelve-month profit, at the 2026-10-01 close.
What were Manba Finance Ltd's latest quarterly results?
In the Jun 2026 quarter, Manba Finance Ltd revenue was Rs 93 Cr (+38.8% vs Jun 2025) and net profit was Rs 13 Cr.
What is the 52-week high and low of Manba Finance Ltd?
The 52-week high is Rs 154.00 and the 52-week low is Rs 98.00.