Financial Performance Overview

Quarter Ended September 30, 2026 (Q2FY27):

  • Consolidated Net Profit: ₹701 crore, representing 222.90% year-on-year growth (vs. ₹217 crore in Q2FY26)
  • Consolidated Revenue from Operations: ₹3,356 crore, representing 46.2% year-on-year growth (vs. ₹2,296 crore in Q2FY26)
  • Consolidated Assets Under Management (AUM): ₹73,303 crore, representing 60.1% year-on-year growth
  • Gold Loan AUM: ₹60,640 crore, representing 92.5% year-on-year growth
  • Non-gold loan businesses accounted for 17.27% of consolidated AUM
  • Gold Tonnage: 70 tonnes, representing 22% year-on-year growth and 3.5% sequential growth
  • Customer Base: 46.9 lakh customers, representing 2.3% sequential growth
  • Branch Network: 5,375 branches on consolidated basis

Half-Year Ended September 30, 2026 (H1FY27):

  • Consolidated Net Profit: ₹1,286 crore (vs. ₹350 crore in H1FY26)
  • Consolidated Revenue from Operations: ₹6,403 crore (vs. ₹4,546 crore in H1FY26)

Subsidiary Performance

  • Asirvad Micro Finance Ltd (microfinance subsidiary) reported profit of ₹32 crore for Q2FY27
  • Asirvad Micro Finance AUM: ₹7,919 crore as of September 30, 2026

Dividend Declaration

  • Board of Directors declared an interim dividend of ₹1 per equity share of face value ₹2 each for FY27

Management Commentary

Mr V.P. Nandakumar, Chairman and Managing Director, stated: \"In Q2, we have delivered strong growth in profitability and AUM. The year-on-year growth in consolidated net profit sets a strong tone for the coming quarters. Our subsidiaries have also shown improved performance on a year-on-year basis. Looking ahead, the outlook for the gold loan business remains positive as we continue to strengthen the business to navigate future challenges. We are confident of achieving our targets for this fiscal year.\"

Company Background

Manappuram Finance Ltd is one of India's leading gold loan NBFCs, engaged in providing finance against gold jewellery. Incorporated in 1992, the company was promoted by Mr V.P. Nandakumar, whose family has been involved in the gold loan business since 1949. Headquartered in Valapad, Thrissur district of Kerala. Listed on BSE and NSE since August 1995.