531213
Manappuram Finance Ltd
BSELast Traded Price
₹349.45
+1.45 (+0.42%)
Open
₹348.00
High
₹351.30
Low
₹346.35
Prev Close
₹348.00
Industry
Financial Services
Market Cap
32,825.10 Cr
Filing History
Recent corporate announcements and filings for 531213
Business Update
Positive
2026-08-17 19:32
- Manappuram Finance Limited allotted Non-Convertible Debentures (NCDs) totaling ₹850 Crores via private placement on August 17, 2026.
- Series A: ₹250 Crores (25,000 NCDs) at 9.05% for 6 years.
- Series B: ₹600 Crores (60,000 NCDs) at 9.10% for 10 years.
Business Update
Positive
2026-08-17 18:46
- FY27 gold loan growth is guided at 25-30%, with yields expected to stabilize around 18% (±25 bps).
- The company plans to open approximately 500 new gold loan branches in FY27.
- Targeting a consolidated ROA of 3.5%-4% and an ROE of 15%-18%, with an aim for 18% within three years.
- Microfinance business share is planned to be contained below 10% of consolidated AUM, and vehicle lending disbursements are temporarily halted for FY27.
- New income-generating gold loan products offer EMI options with interest rates of 14%-16% and LTVs up to an internal cap of 85%.
- Mr. Ashish Singh has been appointed as MD and CEO, expected to join by January 1, 2027.
- Marginal funding cost is expected to be around 8.8%-9%, while opex to AUM is steadily declining.
Governance
Positive
2026-08-13 15:09
- The Annual General Meeting (AGM) of Manappuram Finance Limited was held on August 12, 2026.
- E-voting results and Scrutinizer's Report confirmed the passing of two ordinary resolutions with requisite majority.
- Resolutions included the adoption of financial statements for FY ended March 31, 2026, and the re-appointment of Dr. Sumitha Nandan as a director.
Governance
Positive
2026-08-12 21:46
- Manappuram Finance Limited submitted proceedings of its 34th AGM held on August 12, 2026.
- Agenda included adopting FY26 financials and director re-appointment.
- Chairman highlighted strong FY26 performance (AUM ₹63,798 Cr) and Bain Capital's induction. E-voting results pending.
Business Update
Neutral
2026-08-12 21:20
- Concall Schedule
- Concall Date: August 17, 2026
- Concall Time: 10 A.M. to 6 P.M. IST
- Event: Motilal Oswal 22nd Annual Global Investor Conference 2026 (Group Meeting and One-to-One Meetings)