Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Manappuram Finance Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 1,776 | 2,030 | 2,161 | 2,305 | 2,348 | 2,488 | 2,633 | 2,560 | 2,361 | 2,262 | 2,273 | 2,354 | 2,614 |
| Interest | 589 | 648 | 689 | 749 | 779 | 848 | 906 | 925 | 895 | 855 | 876 | 945 | 1,109 |
| Expenses + | 587 | 671 | 675 | 729 | 773 | 846 | 892 | 1,191 | 1,637 | 1,233 | 1,018 | 1,034 | 877 |
| Financing Profit | 600 | 710 | 796 | 827 | 796 | 793 | 835 | 444 | -172 | 174 | 380 | 375 | 627 |
| Financing Margin % | 34% | 35% | 37% | 36% | 34% | 32% | 32% | 17% | -7% | 8% | 17% | 16% | 24% |
| Other Income + | 23 | 27 | 13 | 21 | 14 | 24 | 4 | 3 | 2 | 3 | 2 | 5 | 12 |
| Depreciation | 56 | 56 | 62 | 62 | 65 | 64 | 67 | 70 | 66 | 75 | 79 | 77 | 75 |
| Profit before tax | 567 | 681 | 747 | 786 | 746 | 753 | 773 | 376 | -236 | 102 | 302 | 303 | 564 |
| Tax % | 27% | 27% | 25% | 27% | 24% | 26% | 26% | 26% | -14% | -30% | 28% | 21% | 28% |
| Net Profit + | 415 | 498 | 561 | 575 | 564 | 557 | 572 | 278 | -203 | 132 | 217 | 239 | 405 |
| EPS in Rs | 4.88 | 5.86 | 6.60 | 6.77 | 6.63 | 6.55 | 6.74 | 3.33 | -2.26 | 1.63 | 2.60 | 2.85 | 4.77 |
| Gross NPA % | |||||||||||||
| Net NPA % |
Financials of Manappuram Finance Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue + | 1,988 | 2,369 | 3,406 | 3,421 | 4,180 | 5,465 | 6,331 | 6,061 | 6,700 | 8,848 | 10,007 | 9,509 |
| Interest | 877 | 947 | 1,169 | 1,030 | 1,345 | 1,832 | 2,219 | 2,011 | 2,188 | 2,866 | 3,541 | 3,786 |
| Expenses + | 648 | 820 | 1,011 | 1,344 | 1,365 | 1,547 | 1,669 | 2,133 | 2,317 | 2,848 | 4,567 | 4,162 |
| Financing Profit | 462 | 601 | 1,225 | 1,047 | 1,469 | 2,086 | 2,443 | 1,916 | 2,195 | 3,134 | 1,899 | 1,561 |
| Financing Margin % | 23% | 25% | 36% | 31% | 35% | 38% | 39% | 32% | 33% | 35% | 19% | 16% |
| Other Income + | 5 | 3 | 3 | 58 | 63 | 86 | 44 | 65 | 50 | 72 | 34 | 15 |
| Depreciation | 54 | 56 | 63 | 68 | 75 | 164 | 171 | 198 | 204 | 246 | 267 | 307 |
| Profit before tax | 414 | 548 | 1,166 | 1,037 | 1,457 | 2,007 | 2,316 | 1,784 | 2,041 | 2,960 | 1,666 | 1,270 |
| Tax % | 34% | 35% | 35% | 35% | 35% | 26% | 26% | 26% | 26% | 26% | 28% | 22% |
| Net Profit + | 271 | 355 | 758 | 676 | 949 | 1,480 | 1,725 | 1,329 | 1,500 | 2,197 | 1,204 | 993 |
| EPS in Rs | 3.23 | 4.20 | 8.98 | 8.04 | 11.16 | 17.37 | 20.37 | 15.70 | 17.67 | 25.86 | 14.37 | 11.85 |
| Dividend Payout % | 42% | 54% | 17% | 25% | 19% | 16% | 10% | 19% | 17% | 13% | 28% | 23% |
Financials of Manappuram Finance Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 168 | 168 | 168 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 169 | 188 |
| Reserves | 2,465 | 2,590 | 3,193 | 3,645 | 4,378 | 5,577 | 7,138 | 8,199 | 9,476 | 11,379 | 12,263 | 15,863 |
| Borrowing | 8,632 | 9,638 | 10,986 | 12,607 | 15,297 | 23,022 | 23,327 | 24,816 | 29,167 | 34,320 | 36,077 | 57,837 |
| Other Liabilities + | 352 | 443 | 804 | 609 | 602 | 767 | 703 | 623 | 693 | 880 | 696 | 672 |
| Total Liabilities | 11,616 | 12,839 | 15,152 | 17,030 | 20,446 | 29,535 | 31,338 | 33,808 | 39,504 | 46,748 | 49,205 | 74,559 |
| Fixed Assets + | 206 | 230 | 222 | 310 | 367 | 803 | 926 | 1,052 | 1,094 | 1,070 | 1,134 | 1,057 |
| CWIP | 1 | 0 | 1 | 0 | 1 | 3 | 8 | 13 | 17 | 33 | 11 | 27 |
| Investments | 217 | 49 | 5 | 5 | 174 | 90 | 338 | 421 | 534 | 726 | 788 | 2,051 |
| Other Assets + | 11,193 | 12,560 | 14,925 | 16,715 | 19,904 | 28,639 | 30,066 | 32,322 | 37,860 | 44,918 | 47,272 | 71,424 |
| Total Assets | 11,616 | 12,839 | 15,152 | 17,030 | 20,446 | 29,535 | 31,338 | 33,808 | 39,504 | 46,748 | 49,205 | 74,559 |
Financials of Manappuram Finance Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | -888 | -1,042 | -1,271 | -33 | -1,661 | -3,620 | -619 | -423 | -3,103 | -3,450 | -467 | -20,238 |
| Cash from Investing Activity + | 649 | 72 | -25 | -148 | -371 | 26 | -186 | -193 | -616 | -601 | -125 | -1,632 |
| Cash from Financing Activity + | 265 | 772 | 1,211 | 293 | 2,388 | 6,049 | 59 | 438 | 3,849 | 4,092 | 1,132 | 23,834 |
| Net Cash Flow | 26 | -198 | -84 | 112 | 356 | 2,455 | -747 | -177 | 130 | 41 | 541 | 1,965 |
| Free Cash Flow | -912 | -1,121 | -1,324 | -193 | -1,787 | -3,716 | -672 | -585 | -3,275 | -3,585 | -662 | -20,427 |
| CFO/OP | -56% | -56% | -36% | 17% | -40% | -81% | -0% | 2% | -60% | -44% | 5% | -369% |
Financials of Manappuram Finance Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE % | 11% | 13% | 25% | 19% | 22% | 28% | 26% | 17% | 17% | 21% | 10% | 7% |