Manappuram Finance Q1 FY27 Profit Surges 341% YoY
Earnings & Results
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
11th Aug 2026
Financial Performance Highlights - Consolidated (Q1 FY27 vs Q1 FY26)
- Revenue from Operations: ₹3,033 Cr (up 34.1% YoY from ₹2,262 Cr)
- Net Interest Income: ₹1,759 Cr (up 25.0% YoY from ₹1,407 Cr)
- Pre-Provisioning Operating Profit (PPOP): ₹1,007 Cr (up 52.4% YoY from ₹661 Cr)
- Profit Before Tax: ₹782 Cr (up 670.1% YoY from ₹102 Cr)
- Profit After Tax: ₹585 Cr (up 341.4% YoY from ₹132 Cr)
- Tax Expense: ₹197 Cr (compared to negative ₹31 Cr in Q1 FY26)
Assets Under Management (AUM) - Consolidated
- Closing AUM: ₹69,635 Cr (up 57.2% YoY from ₹44,304 Cr)
- Gold Loan AUM: ₹57,006 Cr (up 97.9% YoY from ₹28,802 Cr)
- Gold Tonnage: 67 tons (up 18.3% YoY from 57 tons)
- Non-Gold AUM: ₹12,629 Cr (down 18.5% YoY from ₹15,502 Cr)
- Gold Branches: 4,054 (up 0.2% YoY from 4,044)
- Gold Customers: 29 lakh (up 10.5% YoY from 26 lakh)
Operational Metrics - Consolidated
- AUM per Branch: ₹14 lakh (up 97.4% YoY from ₹7 lakh)
- Customers per Branch: 706 (up 10.2% YoY from 640)
Segment-wise AUM Breakdown (Q1 FY27)
- Standalone AUM: ₹60,971 Cr (up 70.8% YoY)
- Asirvad-MFI AUM: ₹4,827 Cr (down 12.9% YoY)
- Asirvad-Gold Loan AUM: ₹2,344 Cr (up 111.0% YoY)
- Asirvad-MSME AUM: ₹16 Cr (down 68.1% YoY)
- Mahofin-HFC AUM: ₹1,839 Cr (down 3.2% YoY)
- Mahofin-Gold AUM: ₹7 Cr (new business)
Balance Sheet - Consolidated (as of June 2026)
- Total Assets: ₹77,990 Cr (up 52.2% YoY)
- Cash and Bank Balances: ₹3,316 Cr (down 18.1% YoY)
- Investments: ₹2,098 Cr (up 83.4% YoY)
- Loans and Advances: ₹69,218 Cr (up 58.3% YoY)
- Net Worth: ₹16,552 Cr (up 32.4% YoY)
- Borrowings: ₹60,171 Cr (up 60.9% YoY)
Borrowings Strategy - Consolidated
- Term Loan: ₹27,420 Cr (45.6% of total borrowings)
- NCD: ₹5,418 Cr (9.0% of total borrowings)
- ECB USD and Bond: ₹12,443 Cr (20.7% of total borrowings)
- Commercial Paper: ₹4,472 Cr (7.4% of total borrowings)
- Securitization: ₹103 Cr (0.2% of total borrowings)
Credit Ratings
- Received rating upgrade from S&P to BB- from B+ in October 2021
- Received rating upgrade from CRISIL to AA in September 2019
- Raised $300 mn Debt under Reg S in May 2024
- Rated BB- by S&P and Fitch
- Subsidiary credit rating of CRISIL AA- for Asirvad and HFC
Standalone Performance (Q1 FY27 vs Q1 FY26)
- Closing AUM: ₹60,971 Cr (up 70.8% YoY from ₹35,698 Cr)
- Gold AUM: ₹54,655 Cr (up 97.4% YoY from ₹27,691 Cr)
- Revenue from Operations: ₹2,543 Cr (up 45.9% YoY from ₹1,743 Cr)
- Net Interest Income: ₹1,436 Cr (up 30.8% YoY from ₹1,098 Cr)
- Profit After Tax: ₹552 Cr (up 40.7% YoY from ₹392 Cr)
Asirvad Microfinance Performance (Q1 FY27 vs Q1 FY26)
- Closing AUM: ₹7,188 Cr (up 7.2% YoY from ₹6,705 Cr)
- Revenue from Operations: ₹421 Cr (down 0.2% YoY from ₹422 Cr)
- Net Interest Income: ₹265 Cr (up 7.3% YoY from ₹247 Cr)
- Profit After Tax: ₹21 Cr (compared to loss of ₹269 Cr in Q1 FY26)
Asset Quality - Asirvad Microfinance (Q1 FY27)
- Stage 1 Assets: ₹6,454 Cr (94.5% of total)
- Stage 2 Assets: ₹52 Cr (0.8% of total)
- Stage 3 Assets: ₹327 Cr (4.8% of total)
Strategic Initiatives
- Upgraded branch quality processes with dedicated personnel and integrated technology
- Enhanced EWS and customer risk categorization
- Setup regional offline training centers
- Rolled out new performance linked incentive structures
- Optimized MFI branch network including consolidation
- Continue to expand gold loan branch network in metros and new geographies
Corporate Social Responsibility Initiatives
- Donated 250 KVA Diesel Generator to Thanal Dialysis Centre, Vatakara
- Educational assistance to 100 students affected by COVID-19 pandemic
- Contributed ₹10 lakh towards TMA Management House and Excellence Centre
- Donated 200 sewing machines to support economically disadvantaged individuals
- Provided home under Sayujyam housing initiative
Board of Directors and Management
- Mr. V.P. Nandakumar: Chairman and Managing Director
- Dr. Sumitha Nandan: Executive Director & Vice-Chairperson
- Management team includes Mr. Buvanesh Tharashankar (Group CFO) and Mr. Susil Kumar Mishra (Head - Investor Relations & Treasury)
Shareholding and Stock Performance (as of August 7, 2026)
- Market Capitalization: ₹34,450.15 Cr
- Stock Price: ₹366.75
- 52 Week High/Low: ₹381.55 / ₹245.15
- Shares Outstanding: 93,93,36,102
- Average Daily Trading Volume (3 months): 44,58,445 shares
Top Shareholders (>1% excluding promoters)
- Small World Fund INC: 5.49%
- SBI Arbitrage Opportunities Fund: 2.38%
- Government Pension Fund Global: 2.24%
- Quant Small Cap Fund: 2.09%
- ICICI Prudential Multicap Fund: 1.30%
- Goldman Sachs Bank Europe Se-Odi: 1.04%