This is a deep dive into Manappuram Finance Limited (MANAPPURAM), covering the financials, the valuation picture, and who owns the stock.
Manappuram Finance Revenue Trend
Manappuram Finance Limited's revenue contracted 5.1% in FY2026, slipping to ₹9,525 Cr from ₹10,041 Cr.
Zooming out, revenue climbed from ₹2,371 Cr to ₹9,525 Cr at a 14.9% CAGR over 10 years, a pace most companies would be happy with.
With annual revenue of ₹9,525 Cr, Manappuram Finance Limited ranks among the mid-sized players in the financial institution space.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹9,525 Cr | -5.1% |
| FY2025 | ₹10,041 Cr | +12.6% |
| FY2024 | ₹8,920 Cr | +32.2% |
| FY2023 | ₹6,750 Cr | +10.2% |
| FY2022 | ₹6,126 Cr | — |
View Manappuram Finance Limited's full 10-year revenue trend with CAGR analysis →
Manappuram Finance Profitability
Profitability slipped too: net income for Manappuram Finance Limited fell to ₹993 Cr in FY2026, 18.3% lower than the ₹1,216 Cr posted in FY2025.
Net margin also declined, slipping to 10.4% from 12.1%.
Diluted earnings per share came in at ₹11.71 in FY2026, down from ₹14.37.
Is Manappuram Finance Undervalued
Shares of Manappuram Finance Limited currently trade at ₹365.00.
Craytheon calculates intrinsic value using the P/B Ratio, P/E Ratio, EPS Growth, and DDM models. All four appear in the Valuation Models cards below.
Valuation Models
Manappuram Finance Shareholding Pattern
Promoters have been buying: their stake moved up from 35.2% to 41.7% over 4 quarters.
Foreign institutional investors (FIIs) held 22.3% as of June 2026, versus 30.2% a year earlier.
Domestic institutional investors (DIIs), by contrast, own 14.8%, up from 9.2% a year ago.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 41.7% | 22.3% | 14.8% | 21.2% |
| Mar 2026 | 31.8% | 23.2% | 13.1% | 32.0% |
| Dec 2025 | 35.2% | 28.8% | 11.1% | 24.8% |
| Sep 2025 | 35.2% | 30.2% | 9.2% | 25.4% |
Track quarterly shareholding changes for Manappuram Finance Limited →
Manappuram Finance Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2026, the total asset base came in at ₹745.59B, up 51.5% YoY from ₹492.05B.
Other Assets accounts for 88.2% of the total, ahead of Cash & ST Investments (11.0%) and Property, Plant & Equipment (0.7%).
Capital structure: 21.5% equity, 77.6% debt, 0.9% operating liabilities. Over the year, debt is up 60.3% and equity is up 29.0%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 82.00B |
| Property, Plant & Equipment | 5.27B |
| Intangibles & Goodwill | 874.65M |
| Other Assets | 657.44B |
| Category | Value |
|---|---|
| Equity | 160.57B |
| Short-term Debt | 578.37B |
| Trade Payables | 1.91B |
| Other Liabilities | 4.74B |
Manappuram Finance Key Highlights
Pulling these threads together on Manappuram Finance Limited's financial position, the data paints a clear picture for investors evaluating this financial institution stock.
FY2026 revenue came in at ₹9,525 Cr, down 5.1% year-over-year.
Looking further back, revenue has been compounding at 14.9% annually over 10 years.
Profitability remains intact, with a net margin of 10.4% and net income of ₹993 Cr.
Unlock Full Analysis
There's more to the story. Craytheon's full profile for Manappuram Finance Limited includes four valuation models, decade-long financials, and insider activity.