Manappuram Finance Ltd

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MANAPPURAM •
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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High in past week
14.1
TTM PE Ratio
Below industry Median
8.3
Price to Book Ratio
Above industry Median
1.6
Dividend yield 1yr %
High in industry
1.7
TTM PEG Ratio
PEG TTM is less than 1
0.2
RSI
RSI is mid-range
59.4
MFI
MFI Overbought
77.3

Manappuram Finance Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Manappuram Finance Ltd shareholding Pattern

Promoter
35.2%
Foreign Institutions
33%
Mutual Funds
7.6%
Domestic Institutions
9.3%
Public
22.4%
Promoter
35.2%
Foreign Institutions
32%
Mutual Funds
7.5%
Domestic Institutions
9.5%
Public
23.3%
Promoter
35.2%
Foreign Institutions
29%
Mutual Funds
9.6%
Domestic Institutions
12.2%
Public
23.7%
Promoter
35.2%
Foreign Institutions
27.1%
Mutual Funds
10%
Domestic Institutions
12.2%
Public
25.5%
Promoter
35.2%
Foreign Institutions
30.7%
Mutual Funds
9.3%
Domestic Institutions
10.7%
Public
23.4%
Promoter
35.2%
Foreign Institutions
30.2%
Mutual Funds
10.6%
Domestic Institutions
13.5%
Public
21.1%

Manappuram Finance Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
11
Bearish Moving Averages
5
5Day EMA
220.00
10Day EMA
216.70
12Day EMA
215.20
20Day EMA
209.70
26Day EMA
206.30
50Day EMA
197.80
100Day EMA
188.80
200Day EMA
175.70
5Day SMA
222.40
10Day SMA
216.00
20Day SMA
209.40
30Day SMA
201.20
50Day SMA
190.60
100Day SMA
186.80
150Day SMA
183.30
200Day SMA
174.30
Delivery & Volume
Resistance & Support
220.99
Pivot
Resistance
First Resistance
225.99
Second Resistance
235.39
Third Resistance
240.39
Support
First Support
211.59
Second support
206.59
Third Support
197.19
Relative Strength Index
59.43
Money Flow Index
77.27
MACD
8.91
MACD Signal
8.31
Average True Range
7.44
Average Directional Index
32.07
Rate of Change (21)
13.83
Rate of Change (125)
23.97
Peer comparison
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Manappuram Finance Ltd Company background

Founded in: 1992
Managing director: V P Nandakumar
Manappuram Finance Limited (MAFIL) (Formerly known as Manappuram General Finance and Leasing Limited) is one of the largest NBFCs in India predominantly dealing in gold loans. The Company offers a range of retail credit products and financial services. It has a diversified lending portfolio encompassing retail, microfinance, SME and commercial customers. It has been the secondlargest gold finance NBFC in India. The Company makes credit against the security of used household gold jewellery.The Company has a strong panIndia presence through its 5,000 strong branch network, spread across 28 states and 4 union territories, serving a customer base of more than 5.09 million. In addition to gold finance, it is focusing on affordable housing finance, vehicle and equipment finance, which includes commercial vehicle loans, twowheeler loans, tractor car loans, microfinance, SME finance, project and industrial finance, corporate finance and insurance broking. The company operates its housing finance business under its subsidiary, Manappuram Home Finance Limited (MAHOFIN). Manappuram Finance Limited was incorporated on July 15, 1992. During the year 199495, the company opened new branches in Calicut, Guruvayur, Ernakulam and Thriprayar. In the year 2002, they started Forex business as a part of its diversification. During the year 200203, the company opened 8 new branches in various places. During the year 200304, the company entered into various diversified activities as acting as corporate agents for life and general insurance, vehicle finance, acting as fullfledged money changers, online share trading, instant money transfer, etc, through and with their 100% subsidiary. Also, they commenced instant money transfer facility, in collaboration with Xpress Money, Coinstar, Instant Cash, Zoha, Ezremit and MoneyGram.During the year 200405, the company acquired 100% equity shares in Manappuram Insurance Agents and Brokers Ltd. Also, they widened their activities further, by opening 14 new branches in various places. During the year 200607, the company was granted the prestigious Authorized Dealer Category II license by the Reserve Bank which will enable the company to undertake a wide range of non trade remittances apart from currency exchange transactions. In November 2006, the companys 100% subsidiary, Manappuram Insurance Brokers Pvt Ltd received the insurance Broking Licence from the Insurance Regulatory and Development Authority (IRDA). During the year 200809, the company strengthened their IT infrastructure and systems to support their operations. The connectivity to branches was also upgraded so as to provide improved information flow to branches and to further support the collection system. The company acquired the entire assets and liabilities of Manappuram Printers, a sole proprietorship, which is in the business of trading in stationery items, for a total consideration of Rs 10 million. In November 4, 2008, the company sold their entire investment in their subsidiary, Manappuram Insurance Brokers Pvt Ltd to one of the directors of the company for an amount of Rs 5.86 million.During the year 200910, as per the scheme of amalgamation, Manappuram Finance Tamilnadu Ltd was amalgamated with the company. Also, they opened their 1001st branch in Thrissur.During 2011, the company adopted a new name of Manappuram Finance Ltd in place of earlier name Manappuram General Finance and Leasing Ltd. The company also came with a Bonus issue in the Ratio of 1:1 In 2012, Manappuram Finances assets under management (AUM) crossed Rs 10000 crore mark. The companys branch network reached 2,908, with more than 850 branches added in FY 2012.In 2014, Manappuram Finance pioneered the introduction of shorter tenure loan products (3 to 9 months) with lower LTV for longer tenure loans. During the year, Manappuram Finance acquired full ownership of Milestone Home Finance Limited from Japyee Hotels Limited and renamed it as Manappuram Home Finance Private Limited. During the year, equity shares of Manappuram Finance were listed on the National Stock Exchange. The Board of Directors of Manappuram Finance at its meeting held on 23 September 2014 considered and approved the commencement of business of Micro Financing either as a separate division of the company or by acquiring existing companies in micro financing activity. The Board also approved commencement of Commercial Vehicles financing business and depository participant business. The Board of Directors of Manappuram Finance at its meeting held on 23 December 2014 approved the acquisition of 70% stake in Asirvad Micro Finance Pvt. Ltd., Chennai subject to approvals from Reserve Bank of India and to execute necessary agreements to conclude the transaction. The company intends to increase its stake up to 85% by infusion of additional capital. The total capital commitment will be close to Rs 136 crore.In February 2015, the company acquired Chennai based Asirvad Microfinance Pvt. Ltd. having assets under management (AUM) of a little short of Rs 300 crore. Asirvad is an NBFC operating as a micro finance institution (NBFCMFI). The company is carrying on the business of micro finance with about 115 branches spread across Tamil Nadu, Kerala and Karnataka. The Board of Directors of Manappuram Finance Ltd at its meeting held on 14 August 2015 approved the acquisition of Manappuram Insurance Brokers Pvt Ltd for the consideration of Rs 1.55 crore subject to the approval of RBI and IRDAI.On 2 January 2016, Manappuram Finance Ltd informed the stock exchanges that the company has acquired 100% equity shares of Manappuram Insurance Brokers Pvt. Ltd (MIBPL) by way of transfer of shares from existing shareholders of MIBPL for the total consideration amount of Rs 1.55 crore. MIBPL is acting as brokers for insurance companies in India doing life insurance and general insurance and having valid license issued by IRDAI and is also a member of Insurance Brokers Association of India, Hyderabad. MIBPL clocked turnover of Rs 1.02 crore in FY 201415. The Board of Directors of Manappuram Finance at its meeting held on 2 November 2017 approved equity infusion of up to Rs 50 crore in its subsidiary Asirvad Microfinance Limited. The Company commenced SME business in November 2017 to serve the under served segment and help them grow their businesses.In Jul 18, Manappuram Finance through the securities purchase agreement acquired 85.39% of the share capital of Indian School Finance Company Private Limited (ISFC).In 2019, the Company acquired a new subsidiary company, Manappuram Comptech and Consultants Limited MACOM. Company holds 93.33% equity shares of Asirvad Microfinance Limited, 100% equity shares of Manappuram Home Finance Limited, 100% equity shares of Manappuram Insurance Brokers Limited and 81.07% of Manappuram Comptech and Consultants Limited as on 31 March, 2019. A new loan product called Gold Loan was launched in Odisha and West Bengal on March 10, 2021.The Companys consolidated AUM grew by 17.20% to Rs 3,54,523 million during the year 2023 owing to rapid growth in the microfinance(39.70%), housing finance (29.60%) and vehicle finance (49.40%) AUMs. As on Mar31, 2023, the Companys Gold Loan Branches stood at 3,524. The Company holds 97.60% equity shares of M/s. Asirvad Microfinance Limited, 100% equity shares of M/s. Manappuram Home Finance Limited, 100% equity shares of M/s. Manappuram Insurance Brokers Limited and 99.81% of Manappuram Comptech and Consultants Limited as on March 31, 2023.The Company has a strong PanIndia presence through its strong network of 5,232 branches across 28 states and 4 union territories and serves more than 5.09 million active customers during 202223.
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Manappuram Finance Ltd FAQs

The past 1-year return of Manappuram Finance Ltd [MANAPPURAM] share was 66.48. The Manappuram Finance Ltd [MANAPPURAM] share hit a 1-year low of Rs. 124.75 and a 1-year high of Rs. 230.25.

The Mutual Fund Shareholding was 7.61% at the end of .

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