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Last Updated on: 04 April, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 531213 | NSE: MANAPPURAM

Manappuram Finance Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 4, 2025, 11:20 am

Market Cap 19,692 Cr.
Current Price 233
High / Low 248/138
Stock P/E10.1
Book Value 148
Dividend Yield1.52 %
ROCE13.8 %
ROE20.6 %
Face Value 2.00
PEG Ratio3.77

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Manappuram Finance Ltd

Competitors of Manappuram Finance Ltd

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
My Money Securities Ltd 41.9 Cr. 25.0 69.2/0.004.02 18.50.00 %12.0 %11.3 % 10.0
Nam Securities Ltd 52.4 Cr. 97.1 198/92.5187 21.20.00 %4.16 %3.05 % 10.0
ICDS Ltd 51.8 Cr. 41.7 76.2/32.558.8 22.20.00 %9.12 %7.69 % 10.0
HCKK Ventures Ltd 61.1 Cr. 165 165/77.4291 11.60.00 %8.17 %6.44 % 10.0
Ujjivan Financial Services Ltd 7,179 Cr. 590 593/5118.75 2990.59 %10.3 %32.1 % 10.0
Industry Average16,370.89 Cr1,634.0642.814,559.440.41%9.56%11.97%7.88

All Competitor Stocks of Manappuram Finance Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Revenue1,4841,4811,5021,6961,7151,7762,0302,1612,3052,3602,4882,6332,560
Interest 531495505528566589648689749779848906925
Expenses 5725845685875755876716757297728468921,191
Financing Profit381402429581574600710796827808793835444
Financing Margin %26%27%29%34%33%34%35%37%36%34%32%32%17%
Other Income 2210118192327132122443
Depreciation 56584946535656626265646770
Profit before tax 348354381553541567681747786746753773376
Tax % 25%26%26%26%27%27%27%25%27%24%26%26%26%
Net Profit 261261282409393415498561575563557572278
EPS in Rs 3.083.083.334.824.634.885.866.606.776.636.556.743.33
Gross NPA %
Net NPA %

Last Updated: February 28, 2025, 6:33 pm

Below is a detailed analysis of the quarterly data for Manappuram Finance Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Interest, as of Dec 2024, the value is ₹925.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 906.00 Cr. (Sep 2024) to ₹925.00 Cr., marking an increase of 19.00 Cr..
  • For Expenses, as of Dec 2024, the value is ₹1,191.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 892.00 Cr. (Sep 2024) to ₹1,191.00 Cr., marking an increase of 299.00 Cr..
  • For Other Income, as of Dec 2024, the value is ₹3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 4.00 Cr. (Sep 2024) to ₹3.00 Cr., marking a decrease of 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is ₹70.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 67.00 Cr. (Sep 2024) to ₹70.00 Cr., marking an increase of 3.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is ₹376.00 Cr.. The value appears to be declining and may need further review. It has decreased from 773.00 Cr. (Sep 2024) to ₹376.00 Cr., marking a decrease of 397.00 Cr..
  • For Tax %, as of Dec 2024, the value is 26.00%. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 26.00%.
  • For Net Profit, as of Dec 2024, the value is ₹278.00 Cr.. The value appears to be declining and may need further review. It has decreased from 572.00 Cr. (Sep 2024) to ₹278.00 Cr., marking a decrease of 294.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 3.33. The value appears to be declining and may need further review. It has decreased from 6.74 (Sep 2024) to 3.33, marking a decrease of 3.41.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 6, 2025, 3:33 pm

MetricMar 2009Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Revenue1652,1001,9882,3693,4063,4214,1805,4656,3316,0616,7008,84810,041
Interest 391,0278779471,1691,0301,3451,8322,2192,0112,1882,8663,459
Expenses 786786488201,0111,3441,3651,5471,6692,1332,3172,8483,702
Financing Profit483964626011,2251,0471,4692,0862,4431,9162,1953,1342,880
Financing Margin %29%19%23%25%36%31%35%38%39%32%33%35%29%
Other Income 1115335863864465507233
Depreciation 3645456636875164171198204246266
Profit before tax 463434145481,1661,0371,4572,0072,3161,7842,0412,9602,647
Tax % 35%34%34%35%35%35%35%26%26%26%26%26%
Net Profit 302262713557586769491,4801,7251,3291,5002,1971,971
EPS in Rs 0.862.693.234.208.988.0411.1617.3720.3715.7017.6725.8623.25
Dividend Payout % 15%67%42%54%17%25%19%16%10%19%17%13%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)19.91%31.00%113.52%-10.82%40.38%55.95%16.55%-22.96%12.87%46.47%
Change in YoY Net Profit Growth (%)0.00%11.08%82.52%-124.34%51.20%15.57%-39.40%-39.51%35.82%33.60%

Manappuram Finance Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:15%
5 Years:16%
3 Years:12%
TTM:21%
Compounded Profit Growth
10 Years:26%
5 Years:18%
3 Years:8%
TTM:-4%
Stock Price CAGR
10 Years:21%
5 Years:20%
3 Years:24%
1 Year:20%
Return on Equity
10 Years:20%
5 Years:21%
3 Years:18%
Last Year:21%

Last Updated: Unknown

Balance Sheet

Last Updated: March 14, 2025, 3:17 pm

MonthMar 2009Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital 17168168168168169169169169169169169169
Reserves 1472,3242,4652,5903,1933,6454,3785,5777,1388,1999,47611,37912,359
Deposits0000000000000
Borrowings 4557,7958,6329,63810,98612,60715,29723,02223,32724,81629,16734,32039,148
Other Liabilities 41551352443804609602767703623693880739
Total Liabilities 66010,83811,61612,83915,15217,03020,44629,53531,33833,80839,50446,74852,416
Fixed Assets 282022062302223103678039261,0521,0941,0701,130
CWIP 0510101381317337
Investments 1796217495517490338421534726814
Other Assets 6319,83611,19312,56014,92516,71519,90428,63930,06632,32237,86044,91850,465
Total Assets 66010,83811,61612,83915,15217,03020,44629,53531,33833,80839,50446,74852,416

Below is a detailed analysis of the balance sheet data for Manappuram Finance Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

  • For Equity Capital, as of Sep 2024, the value is ₹169.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 169.00 Cr..
  • For Reserves, as of Sep 2024, the value is ₹12,359.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,379.00 Cr. (Mar 2024) to ₹12,359.00 Cr., marking an increase of 980.00 Cr..
  • For Borrowings, as of Sep 2024, the value is ₹39,148.00 Cr.. The value appears to be increasing, which may not be favorable. However, Borrowings exceed Reserves, which may signal higher financial risk. It has increased from 34,320.00 Cr. (Mar 2024) to ₹39,148.00 Cr., marking an increase of 4,828.00 Cr..
  • For Other Liabilities, as of Sep 2024, the value is ₹739.00 Cr.. The value appears to be improving (decreasing). It has decreased from 880.00 Cr. (Mar 2024) to ₹739.00 Cr., marking a decrease of 141.00 Cr..
  • For Total Liabilities, as of Sep 2024, the value is ₹52,416.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 46,748.00 Cr. (Mar 2024) to ₹52,416.00 Cr., marking an increase of 5,668.00 Cr..
  • For Fixed Assets, as of Sep 2024, the value is ₹1,130.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,070.00 Cr. (Mar 2024) to ₹1,130.00 Cr., marking an increase of 60.00 Cr..
  • For CWIP, as of Sep 2024, the value is ₹7.00 Cr.. The value appears to be declining and may need further review. It has decreased from 33.00 Cr. (Mar 2024) to ₹7.00 Cr., marking a decrease of 26.00 Cr..
  • For Investments, as of Sep 2024, the value is ₹814.00 Cr.. The value appears strong and on an upward trend. It has increased from 726.00 Cr. (Mar 2024) to ₹814.00 Cr., marking an increase of 88.00 Cr..
  • For Other Assets, as of Sep 2024, the value is ₹50,465.00 Cr.. The value appears strong and on an upward trend. It has increased from 44,918.00 Cr. (Mar 2024) to ₹50,465.00 Cr., marking an increase of 5,547.00 Cr..
  • For Total Assets, as of Sep 2024, the value is ₹52,416.00 Cr.. The value appears strong and on an upward trend. It has increased from 46,748.00 Cr. (Mar 2024) to ₹52,416.00 Cr., marking an increase of 5,668.00 Cr..

However, the Borrowings (39,148.00 Cr.) are higher than the Reserves (₹12,359.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2009Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-2352,924-888-1,042-1,271-33-1,661-3,620-619-423-3,103-3,383
Cash from Investing Activity +-10264972-25-148-37126-186-193-616-593
Cash from Financing Activity +290-2,9232657721,2112932,3886,049594383,8494,025
Net Cash Flow46426-198-841123562,455-747-17713049

Free Cash Flow

MonthMar 2009Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow78.00678.00648.00820.001.001.001.001.001.002.002.002.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2009Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
ROE %29%11%13%25%19%22%28%26%17%17%21%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters35.06%35.06%35.15%35.18%35.20%35.20%35.20%35.20%35.20%35.20%35.24%35.25%
FIIs34.81%29.83%28.91%28.36%30.07%30.17%30.73%27.08%28.95%31.99%33.00%30.36%
DIIs14.33%15.80%13.50%12.18%11.57%13.54%10.65%12.25%12.15%9.50%9.34%10.97%
Public15.80%19.31%22.44%24.27%23.16%21.11%23.42%25.47%23.69%23.32%22.42%23.41%
No. of Shareholders2,61,4763,46,5434,06,9374,22,0874,00,3723,90,4903,70,9933,50,7103,85,1174,37,4884,52,0905,74,726

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
DSP Small Cap Fund7,859,9230.95158.267,859,9232025-04-030%
SBI Arbitrage Opportunities Fund4,914,0000.3298.947,859,9232025-04-03-37.48%
Nippon India Arbitrage Fund4,683,0000.6294.297,859,9232025-04-03-40.42%
Kotak Equity Arbitrage Fund - Regular Plan3,822,0000.1476.967,859,9232025-04-03-51.37%
SBI Flexi Cap Fund3,749,4390.3275.57,859,9232025-04-03-52.3%
ICICI Prudential Equity - Arbitrage Fund3,717,0000.3174.847,859,9232025-04-03-52.71%
Bandhan Small Cap Fund3,693,8890.8874.387,859,9232025-04-03-53%
Edelweiss Arbitrage Fund3,162,0000.5263.677,859,9232025-04-03-59.77%
Quant Quantamental Fund3,000,0002.2960.417,859,9232025-04-03-61.83%
DSP Arbitrage Fund2,781,0000.91567,859,9232025-04-03-64.62%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 2.002.002.002.002.00
Basic EPS (Rs.) 25.9617.7215.7020.4017.54
Diluted EPS (Rs.) 25.9617.7215.7020.4017.49
Cash EPS (Rs.) 28.8720.1318.0422.4019.46
Book Value[Excl.RevalReserv]/Share (Rs.) 136.77114.1999.0686.9068.31
Book Value[Incl.RevalReserv]/Share (Rs.) 136.77114.1999.0686.9068.31
Revenue From Operations / Share (Rs.) 104.5378.9771.6174.8064.68
PBDIT / Share (Rs.) 71.7352.3747.1755.6047.38
PBIT / Share (Rs.) 68.8249.9644.8453.5845.44
PBT / Share (Rs.) 34.9624.1121.0727.3623.75
Net Profit / Share (Rs.) 25.9617.7215.7020.3817.52
NP After MI And SOA / Share (Rs.) 25.8617.6715.7020.3717.37
PBDIT Margin (%) 68.6266.3165.8774.3373.25
PBIT Margin (%) 65.8363.2662.6171.6370.25
PBT Margin (%) 33.4430.5329.4236.5836.72
Net Profit Margin (%) 24.8322.4421.9227.2427.08
NP After MI And SOA Margin (%) 24.7322.3821.9127.2326.85
Return on Networth / Equity (%) 18.9515.5115.8723.5925.68
Return on Capital Employeed (%) 49.0925.5320.8323.8326.90
Return On Assets (%) 4.683.783.925.505.06
Long Term Debt / Equity (X) 0.000.691.151.571.41
Total Debt / Equity (X) 2.912.952.883.113.82
Asset Turnover Ratio (%) 0.200.150.150.180.19
Current Ratio (X) 1.301.662.082.451.90
Quick Ratio (X) 1.301.662.082.451.90
Dividend Payout Ratio (NP) (%) 0.0017.5119.116.1319.48
Dividend Payout Ratio (CP) (%) 0.0015.4116.635.5817.52
Earning Retention Ratio (%) 0.0082.4980.8993.8780.52
Cash Earning Retention Ratio (%) 0.0084.5983.3794.4282.48
Interest Coverage Ratio (X) 2.122.031.992.122.19
Interest Coverage Ratio (Post Tax) (X) 1.771.691.661.781.81
Enterprise Value (Cr.) 45148.9135942.3231052.2832474.5726235.39
EV / Net Operating Revenue (X) 5.105.385.125.134.80
EV / EBITDA (X) 7.448.117.786.906.55
MarketCap / Net Operating Revenue (X) 1.661.571.591.991.46
Retention Ratios (%) 0.0082.4880.8893.8680.51
Price / BV (X) 1.271.091.151.731.40
Price / Net Operating Revenue (X) 1.661.571.591.991.46
EarningsYield 0.140.140.130.130.18

After reviewing the key financial ratios for Manappuram Finance Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 2.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 2.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 25.96. This value is within the healthy range. It has increased from 17.72 (Mar 23) to 25.96, marking an increase of 8.24.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 25.96. This value is within the healthy range. It has increased from 17.72 (Mar 23) to 25.96, marking an increase of 8.24.
  • For Cash EPS (Rs.), as of Mar 24, the value is 28.87. This value is within the healthy range. It has increased from 20.13 (Mar 23) to 28.87, marking an increase of 8.74.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 136.77. It has increased from 114.19 (Mar 23) to 136.77, marking an increase of 22.58.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 136.77. It has increased from 114.19 (Mar 23) to 136.77, marking an increase of 22.58.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 104.53. It has increased from 78.97 (Mar 23) to 104.53, marking an increase of 25.56.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 71.73. This value is within the healthy range. It has increased from 52.37 (Mar 23) to 71.73, marking an increase of 19.36.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 68.82. This value is within the healthy range. It has increased from 49.96 (Mar 23) to 68.82, marking an increase of 18.86.
  • For PBT / Share (Rs.), as of Mar 24, the value is 34.96. This value is within the healthy range. It has increased from 24.11 (Mar 23) to 34.96, marking an increase of 10.85.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 25.96. This value is within the healthy range. It has increased from 17.72 (Mar 23) to 25.96, marking an increase of 8.24.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 25.86. This value is within the healthy range. It has increased from 17.67 (Mar 23) to 25.86, marking an increase of 8.19.
  • For PBDIT Margin (%), as of Mar 24, the value is 68.62. This value is within the healthy range. It has increased from 66.31 (Mar 23) to 68.62, marking an increase of 2.31.
  • For PBIT Margin (%), as of Mar 24, the value is 65.83. This value exceeds the healthy maximum of 20. It has increased from 63.26 (Mar 23) to 65.83, marking an increase of 2.57.
  • For PBT Margin (%), as of Mar 24, the value is 33.44. This value is within the healthy range. It has increased from 30.53 (Mar 23) to 33.44, marking an increase of 2.91.
  • For Net Profit Margin (%), as of Mar 24, the value is 24.83. This value exceeds the healthy maximum of 10. It has increased from 22.44 (Mar 23) to 24.83, marking an increase of 2.39.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 24.73. This value exceeds the healthy maximum of 20. It has increased from 22.38 (Mar 23) to 24.73, marking an increase of 2.35.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 18.95. This value is within the healthy range. It has increased from 15.51 (Mar 23) to 18.95, marking an increase of 3.44.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 49.09. This value is within the healthy range. It has increased from 25.53 (Mar 23) to 49.09, marking an increase of 23.56.
  • For Return On Assets (%), as of Mar 24, the value is 4.68. This value is below the healthy minimum of 5. It has increased from 3.78 (Mar 23) to 4.68, marking an increase of 0.90.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.69 (Mar 23) to 0.00, marking a decrease of 0.69.
  • For Total Debt / Equity (X), as of Mar 24, the value is 2.91. This value exceeds the healthy maximum of 1. It has decreased from 2.95 (Mar 23) to 2.91, marking a decrease of 0.04.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 0.20. It has increased from 0.15 (Mar 23) to 0.20, marking an increase of 0.05.
  • For Current Ratio (X), as of Mar 24, the value is 1.30. This value is below the healthy minimum of 1.5. It has decreased from 1.66 (Mar 23) to 1.30, marking a decrease of 0.36.
  • For Quick Ratio (X), as of Mar 24, the value is 1.30. This value is within the healthy range. It has decreased from 1.66 (Mar 23) to 1.30, marking a decrease of 0.36.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 17.51 (Mar 23) to 0.00, marking a decrease of 17.51.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. It has decreased from 15.41 (Mar 23) to 0.00, marking a decrease of 15.41.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 82.49 (Mar 23) to 0.00, marking a decrease of 82.49.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. It has decreased from 84.59 (Mar 23) to 0.00, marking a decrease of 84.59.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 2.12. This value is below the healthy minimum of 3. It has increased from 2.03 (Mar 23) to 2.12, marking an increase of 0.09.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.77. This value is below the healthy minimum of 3. It has increased from 1.69 (Mar 23) to 1.77, marking an increase of 0.08.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 45,148.91. It has increased from 35,942.32 (Mar 23) to 45,148.91, marking an increase of 9,206.59.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.10. This value exceeds the healthy maximum of 3. It has decreased from 5.38 (Mar 23) to 5.10, marking a decrease of 0.28.
  • For EV / EBITDA (X), as of Mar 24, the value is 7.44. This value is within the healthy range. It has decreased from 8.11 (Mar 23) to 7.44, marking a decrease of 0.67.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.66. This value is within the healthy range. It has increased from 1.57 (Mar 23) to 1.66, marking an increase of 0.09.
  • For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. It has decreased from 82.48 (Mar 23) to 0.00, marking a decrease of 82.48.
  • For Price / BV (X), as of Mar 24, the value is 1.27. This value is within the healthy range. It has increased from 1.09 (Mar 23) to 1.27, marking an increase of 0.18.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.66. This value is within the healthy range. It has increased from 1.57 (Mar 23) to 1.66, marking an increase of 0.09.
  • For EarningsYield, as of Mar 24, the value is 0.14. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.14.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Manappuram Finance Ltd as of April 4, 2025 is: 250.09

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 4, 2025, Manappuram Finance Ltd is Undervalued by 7.33% compared to the current share price 233.00

Intrinsic Value of Manappuram Finance Ltd as of April 4, 2025 is: 256.79

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 4, 2025, Manappuram Finance Ltd is Undervalued by 10.21% compared to the current share price 233.00

Last 5 Year EPS CAGR: 2.68%

*Investments are subject to market risks

Strength and Weakness

Unable to fetch valid data for stock valuation.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Manappuram Finance Ltd:
    1. Net Profit Margin: 24.83%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 49.09% (Industry Average ROCE: 9.56%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 18.95% (Industry Average ROE: 11.97%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.77
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.3
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 10.1 (Industry average Stock P/E: 42.81)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 2.91
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Manappuram Finance Ltd. is a Public Limited Listed company incorporated on 15/07/1992 and has its registered office in the State of Kerala, India. Company's Corporate Identification Number(CIN) is L65910KL1992PLC006623 and registration number is 006623. Currently Company is involved in the business activities of Other financial service activities, except insurance and pension funding activities. Company's Total Operating Revenue is Rs. 5829.91 Cr. and Equity Capital is Rs. 169.29 Cr. for the Year ended 31/03/2024.
INDUSTRYADDRESSCONTACT
Non-Banking Financial Company (NBFC)W-4/638 A, Manappuram House, Valapad P.O, Thrissur Kerala 680567cosecretary@manappuram.com
http://www.manappuram.com
Management
NamePosition Held
Mr. Shailesh Jayantilal MehtaChairman(NonExe.&Ind.Director)
Mr. V P NandakumarManaging Director & CEO
Dr. Sumitha NandanExecutive Director
Mr. V P SeemanthiniInd. Non-Executive Director
Mr. V R RamachandranInd. Non-Executive Director
Mr. P ManomohananInd. Non-Executive Director
Mr. Harshan KollaraInd. Non-Executive Director
Mr. Abhijit SenInd. Non-Executive Director
Mr. T C Suseel KumarInd. Non-Executive Director
Ms. Pratima RamInd. Non-Executive Director
Dr. Sankaran Nair RajagopalInd. Non-Executive Director
Mr. E K Bharat BhushanInd. Non-Executive Director

FAQ

What is the intrinsic value of Manappuram Finance Ltd?

Manappuram Finance Ltd's intrinsic value (as of 04 April 2025) is ₹250.09 — 7.33% higher the current market price of 233.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 19,692 Cr. market cap, FY2025-2026 high/low of ₹248/138, reserves of 12,359 Cr, and liabilities of 52,416 Cr.

What is the Market Cap of Manappuram Finance Ltd?

The Market Cap of Manappuram Finance Ltd is 19,692 Cr..

What is the current Stock Price of Manappuram Finance Ltd as on 04 April 2025?

The current stock price of Manappuram Finance Ltd as on 04 April 2025 is 233.

What is the High / Low of Manappuram Finance Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Manappuram Finance Ltd stocks is ₹248/138.

What is the Stock P/E of Manappuram Finance Ltd?

The Stock P/E of Manappuram Finance Ltd is 10.1.

What is the Book Value of Manappuram Finance Ltd?

The Book Value of Manappuram Finance Ltd is 148.

What is the Dividend Yield of Manappuram Finance Ltd?

The Dividend Yield of Manappuram Finance Ltd is 1.52 %.

What is the ROCE of Manappuram Finance Ltd?

The ROCE of Manappuram Finance Ltd is 13.8 %.

What is the ROE of Manappuram Finance Ltd?

The ROE of Manappuram Finance Ltd is 20.6 %.

What is the Face Value of Manappuram Finance Ltd?

The Face Value of Manappuram Finance Ltd is 2.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Manappuram Finance Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE