Loading current stock analysis…
Loading current stock analysis…
India
Reported ownership for FY2027-Q1 as of 2026-06-30.
As of 06 Nov 2026, 03:30 pm
The company has intimated the NSE about a Board Meeting scheduled for November 12, 2026. This meeting will consider and approve the Half-Yearly Unaudited Financial Results for the period ended September 2026, along with dividend declarations and other business matters. A virtual earnings call with analysts and institutional investors is also scheduled for the same day at 5:00 PM IST to discuss these results.
As of November 6, 2026, the stock closed at ₹325.40. It has shown strong short-term momentum with a +13.7% return over the past 10 days and a +18.8% return over the last year. However, it faces near-term headwinds, evidenced by a -10.6% return over the past three months and a current drawdown of -12.5% from its peak.
Technical analysis identifies immediate support at ₹325.10 (pivot) and ₹321.85 (low). Resistance levels are located at ₹329.25, ₹332.25, and ₹332.50. The daily trend shows a bullish super-trend direction, while the weekly trend remains bearish, indicating mixed signals across different timeframes.
As of 06 Nov 2026, 03:30 pm
Showing 3 of 6 candles
Recent drawdown or price variability is high enough to warrant closer monitoring.
Primary driver: Price swings are higher than typical
The session opened materially below the previous close, indicating a sharp repricing at the open.
The price gap may increase short-term downside uncertainty and warrants review of the underlying context.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Metric | Q1 FY2026-27(Latest) | Q4 FY2025-26 | Q3 FY2025-26 | Q2 FY2025-26 | Q1 FY2025-26 |
|---|---|---|---|---|---|
| Interest Earned | PEAK₹2,997.70 crore | ₹2,512.98 crore | ₹2,244.10 crore | ₹2,251.23 crore | ₹2,235.65 crore |
| Revenue From Operations | PEAK₹3,034.16 crore | ₹2,613.83 crore | ₹2,353.14 crore | ₹2,283.46 crore | ₹2,262.39 crore |
| Other Income | ₹6.17 crore | PEAK₹11.75 crore | ₹5.75 crore | ₹1.90 crore | ₹2.55 crore |
| Finance Costs | PEAK₹1,273.96 crore | ₹1,109.49 crore | ₹945.21 crore | ₹875.63 crore | ₹855.28 crore |
| Impairment On Financial Instruments | ₹225.47 crore | ₹215.58 crore | ₹354.07 crore | ₹369.20 crore | PEAK₹559.37 crore |
| Other Expenses | ₹167.70 crore | ₹153.62 crore | ₹159.68 crore | PEAK₹194.84 crore | ₹178 crore |
Interest earned grew 34% year over year to ₹2,997.70 crore. Revenue from operations, which includes other operating income, rose at a similar pace (34% to ₹3,034.16 crore). Sequentially, revenue from operations improved 16% from the March 2026 quarter.
Finance costs grew 49% year over year to ₹1,273.96 crore, outpacing revenue growth. Impairment on financial instruments fell sharply, dropping 60% from ₹559.37 crore in the year-ago quarter to ₹225.47 crore. Sequentially, impairment was nearly flat, rising 5% from ₹215.58 crore in the preceding quarter, indicating that impairment charges have stabilized at a much lower level than a year ago. Other expenses declined 6% year over year to ₹167.70 crore.
The combination of higher revenue and lower impairment drove profit before tax from ₹101.52 crore to ₹781.82 crore. Tax expense was ₹197.05 crore, compared to a negative ₹30.95 crore in the year-ago period, implying an effective tax rate of about 25%. Net profit rose 341% to ₹584.77 crore. Sequentially, net profit grew 44% from the March 2026 quarter.
Paid-up equity share capital increased 11% to ₹187.87 crore from ₹169.29 crore, indicating a capital raise during the quarter. Basic earnings per share (EPS) was ₹6.23, up 297% from ₹1.57 a year ago, but the growth rate was lower than net profit growth due to the larger share base. Diluted EPS was ₹6.10. Sequentially, basic EPS fell from ₹9.54 in the March 2026 quarter, as the increase in shares outstanding more than offset the 44% rise in net profit.
The quarter's results were marked by a significant improvement in profitability, driven by revenue growth and a reduction in impairment charges from the elevated levels of the prior year. Finance costs rose faster than revenue, but the decline in impairment more than compensated. The capital raise diluted EPS sequentially, but year-over-year earnings per share still rose 297%.
Disclosed bulk and block transactions involving Manappuram Finance, shown for the latest 90 days.
Exchange disclosures and regulatory announcements for Manappuram Finance.
Manappuram Finance Limited reported the resignation of Mr. Narayanan Easwaran, Group Chief Technology Officer (GCTO), effective close of business on November 7, 2026. The resignation was submitted citing personal reasons, with the resignation letter received by the company on August 7, 2026.
Manappuram Finance Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
Mr. Narayanan Easwaran, Group Chief Technology Officer and Senior Management Personnel of Manappuram Finance Limited, tendered his resignation for personal reasons. It takes effect at the close of business hours on November 7, 2026.
Financial Results/Dividend/Other business matters |Meeting Date: 12-Nov-2026
MANAPPURAM FINANCE LIMITED has informed the Exchange about Board Meeting to be held on 12-Nov-2026 to consider and approve the Half Yearly Unaudited Financial results of the Company for the period ended September 2026 and Dividend/Other business. |SUBJECT: Board Meeting Intimation
Board Meeting Intimation |Meeting Date: 12-Nov-2026
Manappuram Finance Limited has intimated the NSE, BSE, and India International Exchange regarding the schedule for its Q2 FY 2026-27 Investors Earnings Call. The virtual conference call is scheduled for Thursday, November 12, 2026, at 05:00 PM IST. The agenda includes a discussion on Q2 FY27 results and the business outlook, with participation from key management personnel including CMD Mr. V.P. Nandakumar, MD & CEO of Asirvad Microfinance Mr. GD Manoj Pasangha, and CFOs from both Manappuram Finance and Asirvad Microfinance.
Manappuram Finance Limited has intimated the National Stock Exchange (NSE) regarding a scheduled virtual group meeting with analysts and institutional investors. The event, classified as an earnings/quarterly call, is set for November 12, 2026, at 17:00:00 IST. The agenda includes a discussion on the Q2 FY27 results and the company's business outlook. The meeting is open to all investors and the general public, with specific mention of Motilal Oswal Financial Services Limited. Registration details are provided via a ChorusCall link.
Recent market and company developments associated with Manappuram Finance.
Shares of Muthoot Finance and Manappuram rose by up to 4% as gold prices reached a two-week high. This movement in the gold loan sector stocks coincided with the recent surge in gold valuations.
Bajaj General Insurance has named Deepak Reddy, former CEO of Manappuram Finance, as CEO-designate from 1 January 2027, subject to regulatory approval.
Asirvad Micro Finance has elevated G D Manoj Pasangha to managing director and chief executive officer following RBI approval, aiming to strengthen portfolio quality and governance.
All four frontline indices closed nearly 2% lower, with the Nifty Bank emerging as the biggest underperformer. Rising crude continued to weigh on the market, with seven Nifty stocks closing at their 52-week lows.
Jana Small Finance Bank Ltd, Manappuram Finance Ltd, Poly Medicure Ltd and Yes Bank Ltd are among the other losers in the BSE's 'A' group today, 28 September 2026.
Sensex, Nifty, Share Prices Live: The stock of Manappuram Finance saw a decline in price in the recent weeks. However, the long-term trend remains bullish. Since June 2022, such price corrections were followed by a fresh leg of rally.
Kaynes Tech, LIC Housing Finance, Manappuram Finance, SAIL barred from F&O trading on 24 September 2026.
Manappuram Finance, Manappuram Finance shares, Manappuram Finance stock, Manappuram senior management resignation, Digbijay Bandyopadhyay, Ajay Bhalchandra Shelke, Manappuram Commercial Vehicle Finance, Manappuram Two-Wheeler Finance, Manappuram share price, gold loan stocks, shares news today, shares today, Manappuram
Comprehensive Section Breakdown for Manappuram Finance
Strategic Vision: Indian non-banking financial company offering diversified financial services.
• Extensive branch network for gold loan services.
• Digital platforms for enhanced customer access.
• Diversified financial product offerings.
Manappuram Finance's revenue from operations rose 34% year over year to ₹3,034.16 crore, led by higher interest income. Finance costs increased 49%, but a 60% drop in impairment on financial instruments more than offset that pressure, pushing profit before tax up 670% to ₹781.82 crore and net profit up 341% to ₹584.77 crore. The company raised equity capital during the quarter, which diluted earnings per share; basic EPS still rose 297% year over year to ₹6.23.
Category: Financial Services
The core business providing loans against gold with quick approvals and minimal paperwork through an extensive branch network.
Key Products & Services: Online Gold Loan
Category: Financial Services
Financial assistance provided to businesses.
Category: Financial Services
Includes Housing Loan, Home Improvement Loan, and Balance Transfer and Top-up facilities.
Key Products & Services: Manappuram Home Finance Limited
Category: Financial Services
Loans secured against property.
Category: Financial Services
Services for foreign exchange and money remittances.
Category: Financial Services
A digital payment solution.
Key Products & Services: MAkash
Category: Financial Services
Engaged in microfinance activities through a subsidiary.
Key Products & Services: Asirvad Microfinance Ltd
Core Thesis: Diversified financial services are offered through various subsidiaries and digital platforms to serve a wide customer base across India.
• Diversified Financial Services: The company offers a range of financial products beyond its core gold loans, including business loans, housing loans, and property loans. • Digital Capabilities: Manappuram Finance leverages digital platforms for services like Online Gold Loan and its digital wallet, MAkash. • Subsidiary Network: Operations are extended into specialized financial sectors such as housing finance, insurance brokerage, and microfinance through dedicated subsidiaries.