NSE: MANAPPURAM | BSE: 531213

Turnaround Potential

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230.73 2.11 (0.92%)

High volume today

NSE 12 May, 2025 3:31 PM (IST)

19,529.8

Market Cap

High in industry

1.2

Beta 1Year

Very High Volatility

Estimates Miss

Manappuram Finance posts a net loss of Rs 191.2 crore in Q4 vs estimates of a Rs 238.7 crore profit See details

Manappuram Finance Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MANAPPURAM, BSE:531213 Manappuram Finance Ltd.

Manappuram Finance Ltd.

29 Jan 2020

230.73

0.92%

Manappuram Finance (BUY): Steady growth in gold and microfinance businesses

Buy: Manappuram Finance Ltd.

Target

BOB Capital Markets Ltd.

Manappuram Finance's (MGFL) gold AUM surged 30% YoY to Rs 162bn in Q3FY20.

Manappuram Finance Ltd. is trading at high day volume of 11.9M.

Manappuram Finance Ltd.

29 Jan 2020

230.73

0.92%

Q3FY20 Result Review: Manappuram Finance

Buy: Manappuram Finance Ltd.

Target

IDBI Capital

Manappuram Finance reported strong gold loan (core business) AUM growth of 30% YoY which supported overall AUM growth of 35.5% YoY. Within Non-Gold, Asirvad MFI and vehicle finance segment clocked a 57/43% YoY growth respectively, along with its core Gold loan book growing at 30% YoY. NII/PAT growth came in strong at 30/63% YoY. Strong growth in PAT came on the back of reduction in the corporate tax rate along with higher operating profit growth (up 50% YoY). We retain our BUY rating on...

Manappuram Finance Ltd. has gained 32.22% in the last 1 Year

Manappuram Finance Ltd.

30 Dec 2019

230.73

0.92%

Company Initiation

Accumulate: Manappuram Finance Ltd.

Prabhudas Lilladhar

Transforming into a full-fledged NBFC model Error! Bookmark not defined. Investment Thesis.................................................................................................. 6 In a sweet spot ................................................................................................... 6 Gold financing a structural opportunity ........................................................ 6 AUMs to grow at 20% CAGR over FY20-22E .................................................. 14 Gold Lending Business to grow at 11% CAGR............................................. 16 Non-gold lending business to grow at 34% CAGR ....................................... 19 Guarded gold asset quality; non-gold closely monitored .................................. 23...

Manappuram Finance L.. has an average target of 238.80 from 5 brokers.

Manappuram Finance Ltd.

26 Nov 2019

230.73

0.92%

Result Update:Manappuram Fin.

Buy: Manappuram Finance Ltd.

Target

Axis Direct

Manappuram Finance (MGFL) in Q2FY20 benefitted from positive gold price momentum resulting in better than expected revenue growth, sustained scale up of non-gold businesses and benefit of tax resulting in bottom line improving by 82/50% YoY/QoQ. Asset quality was maintained at 0.6% GNPAs.

Manappuram Finance Ltd. has gained 32.22% in the last 1 Year

Manappuram Finance Ltd.

19 Nov 2019

230.73

0.92%

MANAPPURAM FINANCE LIMITED

Accumulate: Manappuram Finance Ltd.

Recommendation Target

Geojit BNP Paribas

Manappuram Finance (MGFL) is one of the leading gold loan NBFCs in India and is well diversified into other business segments like housing loan, vehicle loan and microfinance, with a branch network size of around 4,490 spread across the country. The total assets under management (AUM) grew at 32% YoY and at 12% sequentially, backed by gold loans ( 21% YoY, 14% QoQ), microfinance ( 73% YoY, 13% QoQ), home loans ( 27% YoY, 5% QoQ) & vehicle loans ( 61% YoY, 7% QoQ)....

Manappuram Finance Ltd. is trading at high day volume of 11.9M.

Manappuram Finance Ltd.

07 Nov 2019

230.73

0.92%

Manappuram Finance: Q2FY20 Result Review

Buy: Manappuram Finance Ltd.

Target

IDBI Capital

Manappuram Finance delivered a positive momentum of 32% on its overall AUM book. Within Non-Gold, Asirvad MFI and vehicle finance segment clocked a 73/61% YoY growth respectively, along with its core Gold loan book growing at 20.4% YoY. NII/PAT growth came in strong at 17/82% YoY. Strong growth in PAT came on the back of reduction in the corporate tax rate. We retain our BUY rating on the stock with a TP of...

Manappuram Finance Ltd. is trading above all available SMAs

Manappuram Finance Ltd.

07 Nov 2019

230.73

0.92%

Manappuram Finance (BUY): Healthy growth in gold and microfinance businesses

Buy: Manappuram Finance Ltd.

BOB Capital Markets Ltd.

Manappuram Finance's (MGFL) gold AUM surged 20% YoY to Rs 152bn in Q2FY20, clocking the highest growth rate in the past 11 quarters.

Manappuram Finance Ltd. is trading at high day volume of 11.9M.

Manappuram Finance Ltd.

30 Aug 2019

230.73

0.92%

Result Update:Manappuram Fin.

Buy: Manappuram Finance Ltd.

Target

Axis Direct

Manappuram Finance (MGFL) Q1FY20 performance continued to be driven by growth in the non-gold business and NIM improvement. Overall AUM growth of 21% YoY was led by ~66% growth in non-gold business. NIMs stood at 16.7%, up ~10bps sequentially, resulting in NII growth of 24%.

Manappuram Finance L.. has an average target of 238.80 from 5 brokers.

Manappuram Finance Ltd.

16 Jul 2019

230.73

0.92%

MANAPPURAM FINANCE LIMITED

Buy: Manappuram Finance Ltd.

Geojit BNP Paribas

New synergistic product segments, which currently constitute around one-third of the total assets under management (AUM), to grow at 34% CAGR over FY19-21E by leveraging strong brand...