Manba Finance
Manba Finance
Financial ServicesKey Fundamentals
MicrocapNBFCFinancial ServicesTapetide Score
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Key Insights
Strengths
2- Company is expected to give good quarter
- Company has delivered good profit growth of 29.0% CAGR over last 5 years
Weaknesses
2- Company has low interest coverage ratio.
- Company has a low return on equity of 13.3% over last 3 years.
Growth Rate
Quarterly Results
| Particulars | Mar 2023 | Jun 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 35 | 35 | 48 | 55 | 49 | 65 | 69 | 68 | 67 | 78 | 90 | 93 | 93 |
| Expenses | 15 | 13 | 19 | 19 | 18 | 21 | 23 | 27 | 23 | 26 | 30 | 33 | 32 |
| Financing Profit | 3 | 4 | 7 | 12 | 8 | 17 | 18 | 12 | 11 | 16 | 18 | 18 | 17 |
| Fin. Margin % | 10% | 12% | 15% | 22% | 16% | 26% | 26% | 18% | 17% | 21% | 20% | 19% | 19% |
| Other Income | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 0 | 0 | 0 | 0 |
| Interest | 16 | 18 | 22 | 24 | 23 | 27 | 28 | 29 | 32 | 35 | 42 | 43 | 44 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| PBT | 4 | 4 | 6 | 11 | 7 | 16 | 16 | 11 | 12 | 15 | 17 | 17 | 16 |
| Tax % | 41% | 36% | 23% | 13% | 21% | 27% | 21% | 28% | 20% | 25% | 24% | 34% | 18% |
| Net Profit | 2 | 3 | 5 | 10 | 5 | 12 | 13 | 8 | 10 | 11 | 13 | 11 | 13 |
| EPS in Rs | 1.96 | 2.13 | 3.85 | 2.6 | 1.38 | 2.32 | 2.58 | 1.6 | 1.94 | 2.27 | 2.6 | 2.22 | 2.64 |
| Gross NPA % | — | — | 3.56% | 3.37% | — | 3.64% | 2.83% | 3.68% | 3.47% | — | 3.38% | 3.58% | 3.41% |
| Net NPA % | — | — | 2.89% | 2.7% | — | 2.84% | 2.21% | 2.82% | 2.64% | — | 2.57% | 2.67% | 2.52% |
Profit & Loss
| Particulars | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 29 | 87 | 118 | 105 | 107 | 133 | 192 | 251 | 328 | 354 |
| Expenses | 12 | 31 | 38 | 34 | 37 | 52 | 67 | 88 | 112 | 120 |
| Financing Profit | 6 | 22 | 29 | 21 | 23 | 25 | 43 | 55 | 64 | 70 |
| Fin. Margin % | 21% | 25% | 25% | 19% | 21% | 19% | 22% | 22% | 20% | 20% |
| Other Income | 0 | 1 | -3 | -5 | -7 | 1 | 0 | 0 | 2 | 0 |
| Interest | 11 | 35 | 50 | 51 | 47 | 57 | 82 | 108 | 152 | 163 |
| Depreciation | 1 | 2 | 2 | 4 | 4 | 4 | 4 | 5 | 5 | 5 |
| PBT | 6 | 21 | 24 | 12 | 12 | 21 | 39 | 50 | 62 | 65 |
| Tax % | 32% | 32% | 24% | 25% | 22% | 28% | 19% | 25% | 26% | — |
| Net Profit | 4 | 14 | 18 | 9 | 9 | 15 | 31 | 38 | 45 | 49 |
| EPS in Rs | 7 | 15.2 | 14.49 | 7.22 | 7.51 | 12.11 | 8.28 | 7.52 | 9.03 | 9.73 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 10% | 11% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6 | 9 | 13 | 13 | 13 | 13 | 38 | 50 | 50 |
| Reserves | 32 | 94 | 123 | 130 | 140 | 154 | 163 | 319 | 360 |
| Borrowing | 97 | 372 | 394 | 379 | 395 | 608 | 763 | 1,084 | 1,556 |
| Other Liabilities | 8 | 31 | 11 | 6 | 16 | 15 | 10 | 13 | 14 |
| Total Liabilities | 143 | 506 | 541 | 528 | 564 | 789 | 974 | 1,466 | 1,979 |
| Fixed Assets | 10 | 15 | 14 | 16 | 13 | 22 | 20 | 18 | 15 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 18 | 27 | 38 | 94 |
| Other Assets | 133 | 491 | 527 | 512 | 551 | 749 | 927 | 1,410 | 1,870 |
| Total Assets | 143 | 506 | 541 | 528 | 564 | 789 | 974 | 1,466 | 1,979 |
Cash Flow
| Particulars | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Operating | — | — | 7 | 73 | 18 | -124 | -141 | -320 | -378 |
| Investing | — | — | -1 | -1 | -1 | -19 | 1 | -15 | -60 |
| Financing | — | — | -13 | -69 | 19 | 202 | 156 | 450 | 465 |
| Net Cash Flow | — | — | -7 | 3 | 36 | 59 | 16 | 115 | 27 |
| Free Cash Flow | — | — | 6 | 71 | 18 | -125 | -143 | -323 | -379 |
| CFO/OP | — | — | 8 | 102 | 27 | -152 | -113 | -197 | -175 |
Ratios
| Particulars | Mar 2015 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|
| ROE % | 10% | 13% | 17% | 9% | 10% | 10% | 17% | 13% | 12% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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54 extracted metrics + investor summaries across FY15–FY27.
Documents
Frequently Asked Questions about Manba Finance
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Company Information
Incorporated in 1996, Manba Finance Ltd provides finance for vehicles, used cars, small business loans and personal loans[1]
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