Manappuram Finance News and Updates

Name: Latest research reports of Manappuram Finance Ltd. authored by Motilal Oswal and published by - Trendlyne research reports.
Item: Manappuram Finance Ltd.
Rating: 3
Author: Motilal Oswal

Keep track of all breaking news on Manappuram Finance from all sources in a single place.

Manappuram Finance Ltd.

31 Oct 2025, 12:00AM

282.40

-0.89%

Gold loan growth strong but NIM compression continues

Neutral: Manappuram Finance Ltd.

Target

Motilal Oswal

MGFL reported consol. PAT of INR2.2b in 2QFY26 (12% beat). NII declined ~16% YoY to ~INR13.8b (in line) and PPoP declined ~35% YoY to ~INR6.7b (in line). Operating expenses grew 6% YoY to ~INR7.4b (in line).

Manappuram Finance Ltd. is trading above all available SMAs

Manappuram Finance Ltd.

23 Oct 2025

282.40

-0.89%

Muthoot, Manappuram Fin shares fall as much as 5% as gold prices retreat

Business Standard

Muthoot Finance shares have risen 47 per cent so far this year, while Manappuram Finance was up 48 per cent

Manappuram Finance has gained 80.72% in the last 1 Year

Manappuram Finance Ltd.

10 Sep 2025

282.40

-0.89%

MANAPPURAM FINANCE LIMITED

Sell: Manappuram Finance Ltd.

Recommendation Target

Geojit BNP Paribas

We expect yield compression to persist in the medium term as the company pivots toward secured lending to enhance competitiveness and attract high-value clients. Asset quality in the gold loan segment remains stable, supported by strong gold prices. However, risks in the nongold portfolioparticularly MFI, MSME, and vehicle financeremain elevated. Near-term credit cost pressures are likely to continue, though improved employee incentives may support recoveries and offset provisioning risks. As the company navigates its stabilization phase, improvements are expected to unfold gradually. Given the recent price hike and stretched...

Manappuram Finance Ltd. is trading above all available SMAs

Manappuram Finance Ltd.

18 Aug 2025

282.40

-0.89%

Stocks to buy today: Manappuram Finance, Titan; check target, stop-loss

Business Standard

Stocks to buy today: Manappuram Finance MANAPPURAM) has demonstrated a robust recovery in the last couple of trading weeks and has now surpassed all major EMAs on the daily chart

Manappuram Finance has gained 80.72% in the last 1 Year

Stock to buy today: Manappuram Finance(266.15)

Business Line | 18 Aug 2025 1 more

Manappuram Finance Ltd.

11 Aug 2025

282.40

-0.89%

Manappuram Finance shares rise 3% after posting Q1 results; Details

Business Standard

Manappuram Finance shares rose 2.6 per cent on Monday and logged an intra-day high at 265.3 per share on BSE, after the company posted Q1 results

Manappuram Finance has gained 80.72% in the last 1 Year

'Reduce' Manappuram Finance Shares Maintains Dolat Capital Post Q1 Results Check Target Price

NDTV Profit | 11 Aug 2025

Manappuram Finance Ltd.

11 Aug 2025

282.40

-0.89%

Future prospects + valuations > history

Buy: Manappuram Finance Ltd.

Target

ICICI Securities Limited

We put Manappuram Finance (Manappuram) in this framework to upgrade the stock, from Hold, to BUY. We find future prospect promising with a new strategic direction for the business, which entails new management, lower MFI mix, better asset quality management and high growth and low yield in core gold business.

Manappuram Finance has gained 80.72% in the last 1 Year

Manappuram Finance Ltd.

11 Aug 2025

282.40

-0.89%

Manappuram Finance: Q1FY26 Result Review

Hold: Manappuram Finance Ltd.

Recommendation Target

IDBI Capital

Manappuram Finance's gold loan portfolio grew by 22% YoY (vs 19% YoY FY25) backed by higher gold prices. However, MFI portfolio declined by 51% YoY (down 23% QoQ) due to strategy change. Thus, overall AUM de-grew by 1% YoY vs +2% YoY (FY25). We expect 13% CAGR (FY25-27E) AUM growth led by gold portfolio. MFI losses declined during the quarter due to decline in provisions. MFI asset quality improved with GNPA at 4.4% vs 8.5% QoQ led by lower slippages. Cons. NII declined by 10% YoY led by lower NIMs; PPoP declined by 33% YoY led by lower other income (down 77% YoY). Reported profit vs loss QoQ led by lower...