Manappuram Finance's Q2 FY 2025-26 Quarterly Results

Result Summary

• Manappuram Finance Ltd reported a 0.9% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 13.3%.
• Its expenses for the quarter were up by 0.6% QoQ and 0.6% YoY.
• The net profit increased 64.0% QoQ and decreased 62.0% YoY.
• The earnings per share (EPS) of Manappuram Finance Ltd stood at 2.57 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Manappuram Finance Ltd is a prominent non-banking financial company (NBFC) in India, primarily engaged in providing finance against gold jewelry. The company has a significant presence in the financial services sector, catering to the credit needs of both individuals and small businesses. Over the years, Manappuram Finance has expanded its product portfolio, including microfinance, housing finance, and commercial vehicle loans. It operates in a competitive environment, with other key players in the gold loan segment. While there is no specific information available about recent major developments from the data provided, the company continues to focus on strengthening its market position and diversifying its financial services.

Revenue

In the second quarter of the fiscal year 2026, Manappuram Finance Ltd reported a total income of ₹2285.36 crores. This marks a slight quarter-over-quarter (QoQ) increase of 0.9% from the ₹2264.94 crores recorded in Q1FY26. However, on a year-over-year (YoY) basis, there is a notable decline of 13.3% from the ₹2637.14 crores reported in Q2FY25. This decrease in total income reflects changes in the company's revenue-generating activities over the past year. The data does not provide specific reasons for this decline; however, it highlights the variations in income that the company has experienced over the fiscal periods.

Profitability

Manappuram Finance Ltd's profitability metrics for Q2FY26 show a mixed performance. The profit before tax (PBT) for the quarter was ₹302.00 crores, which represents a substantial QoQ growth of 197.5% from the previous quarter's ₹101.52 crores. Nevertheless, when compared to Q2FY25, there is a significant YoY decrease of 60.9% from ₹772.66 crores. The tax expenses for Q2FY26 amounted to ₹84.69 crores, contrasting with a tax credit of ₹30.95 crores in Q1FY26, leading to a negative QoQ change of 373.6%. The profit after tax (PAT) for Q2FY26 is ₹217.31 crores, showing a QoQ increase of 64.0% but a YoY decline of 62.0% from the ₹572.08 crores in Q2FY25. The earnings per share (EPS) for Q2FY26 stands at ₹2.57, up 63.7% QoQ yet down 61.9% YoY. These fluctuations in profitability metrics underline the dynamic financial environment in which the company operates.

Operating Metrics

The total expenses for Manappuram Finance Ltd in Q2FY26 were ₹1614.16 crores, marking a slight QoQ increase of 0.6% from ₹1604.05 crores in Q1FY26 and a similar YoY increase of 0.6% from ₹1604.06 crores in Q2FY25. The steady rise in expenses over the quarters may be indicative of consistent operational costs or strategic investments in business operations. These operating metrics provide insights into the company's cost management and operational efficiency, although the data does not specify the nature of these expenses or their allocation within the company's various segments. The report does not include details on financial ratios such as P/E, debt-to-equity, or current ratios, which are not provided in the given data.