Manappuram Finance's Q1 FY 2026-27 Quarterly Results

Result Summary

• Manappuram Finance Ltd reported a 15.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 34.2%.
• Its expenses for the quarter were up by 10.1% QoQ and 26.7% YoY.
• The net profit increased 44.5% QoQ and increased 341.4% YoY.
• The earnings per share (EPS) of Manappuram Finance Ltd stood at 6.1 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

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 known for its gold loan services. The company also offers a diverse range of financial products including microfinance, housing loans, and commercial vehicle loans. As of the most recent updates available until October 2023, Manappuram Finance has been focusing on expanding its digital capabilities to enhance customer experience and operational efficiency. The company operates within the financial services industry, catering to both rural and urban clientele across India. Notable recent developments include efforts to increase the portfolio in non-gold segments to diversify revenue streams and reduce dependency on gold loans.

Revenue

For Q1FY27, Manappuram Finance Ltd reported a total income of ₹3040.33 crores, marking a significant increase of 15.8% from ₹2625.58 crores in Q4FY26. Year-over-year, the total income rose by an impressive 34.2% from ₹2264.94 crores in Q1FY26. This upward trend in revenue indicates a robust growth trajectory within the fiscal year. The considerable increase in total income reflects the company's expanding operations and possibly enhanced customer base and product offerings. The growth in income over both quarters and the year suggests a successful period of financial activity for the company.

Profitability

During Q1FY27, Manappuram Finance Ltd achieved a profit before tax of ₹781.82 crores, representing a substantial quarter-over-quarter growth of 38.7% from ₹563.81 crores in Q4FY26. Compared to Q1FY26, the profit before tax increased dramatically by 670.1% from ₹101.52 crores. Profit after tax for Q1FY27 was ₹584.77 crores, which is a 44.5% increase from ₹404.79 crores recorded in Q4FY26. Year-over-year, the profit after tax surged by 341.4% from ₹132.47 crores in Q1FY26. This significant rise in profitability metrics highlights the company’s ability to effectively manage its expenses and enhance its operational efficiency. The tax expense for the quarter was ₹197.05 crores, showing a rise of 23.9% from the previous quarter and a substantial year-over-year increase.

Operating Metrics

The operating metrics for Manappuram Finance Ltd show a strong performance in Q1FY27. The total expenses amounted to ₹2033.04 crores, which is an increase of 10.1% from the previous quarter's ₹1846.19 crores. Year-over-year, the total expenses grew by 26.7% from ₹1604.05 crores. Despite the increase in expenses, the company has maintained a healthy growth in profitability, indicating effective cost management strategies. The Earnings Per Share (EPS) for Q1FY27 was ₹6.10, reflecting a 28.2% increase from ₹4.76 in Q4FY26, and a remarkable year-over-year growth of 288.5% from ₹1.57 in Q1FY26. These metrics suggest a positive trajectory in the company’s financial health and operational effectiveness.