Manba Finance Ltd
₹ 129
-2.26%
30 Apr
- close price
About
Incorporated in 1996, Manba Finance Ltd provides finance for vehicles, used cars, small business loans and personal loans[1]
Key Points
- Market Cap ₹ 649 Cr.
- Current Price ₹ 129
- High / Low ₹ 202 / 119
- Stock P/E 16.4
- Book Value ₹ 70.4
- Dividend Yield 0.39 %
- ROCE 13.9 %
- ROE 17.0 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.5% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 87 | 118 | 105 | 107 | 133 | 192 | 238 | |
| Interest | 35 | 50 | 51 | 47 | 57 | 82 | 103 |
| 31 | 38 | 34 | 37 | 52 | 67 | 80 | |
| Financing Profit | 22 | 29 | 21 | 23 | 25 | 43 | 55 |
| Financing Margin % | 25% | 25% | 19% | 21% | 19% | 22% | 23% |
| 1 | -3 | -5 | -7 | 1 | 0 | 0 | |
| Depreciation | 2 | 2 | 4 | 4 | 4 | 4 | 4 |
| Profit before tax | 21 | 24 | 12 | 12 | 21 | 39 | 50 |
| Tax % | 32% | 24% | 25% | 22% | 28% | 19% | |
| 14 | 18 | 9 | 9 | 15 | 31 | 40 | |
| EPS in Rs | 15.20 | 14.49 | 7.22 | 7.51 | 12.11 | 8.28 | 8.88 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 22% |
| TTM: | 44% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 35% |
| TTM: | 105% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 12% |
| Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 13 | 13 | 13 | 13 | 38 | 50 |
| Reserves | 94 | 123 | 130 | 140 | 154 | 163 | 303 |
| Borrowing | 372 | 394 | 379 | 395 | 608 | 763 | 891 |
| 31 | 11 | 6 | 16 | 15 | 10 | 18 | |
| Total Liabilities | 506 | 541 | 528 | 564 | 789 | 974 | 1,263 |
| 15 | 14 | 16 | 13 | 22 | 20 | 18 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 18 | 27 | 32 |
| 491 | 527 | 512 | 551 | 749 | 927 | 1,213 | |
| Total Assets | 506 | 541 | 528 | 564 | 789 | 974 | 1,263 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 7 | 73 | 18 | -124 | -141 | ||
| -1 | -1 | -1 | -19 | 1 | ||
| -13 | -69 | 19 | 202 | 156 | ||
| Net Cash Flow | -7 | 3 | 36 | 59 | 16 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| ROE % | 17% | 9% | 10% | 10% | 17% |
Documents
Announcements
-
Board Meeting Intimation for Prior Board Meeting Intimation Under Regulation 29(1) And Regulation 50(1) Of SEBI (LODR) Regulations, 2015.
1d - Board meeting on May 22 to approve FY25 results and consider dividend; trading window closed from April 1.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018.
-
Announcement under Regulation 30 (LODR)-Change in Management
28 Mar - Cessation of director and new appointments approved.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
28 Mar - Cessation of director and appointment of new chairperson.
-
Announcement under Regulation 30 (LODR)-Change in Management
28 Mar - Cessation of director and appointment of new chairperson.
Concalls
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Mar 2025TranscriptNotesPPT
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Jan 2025Transcript PPT
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Oct 2024Transcript PPT REC
Business Overview:[1][2]
MFL is an RBI registered Non Systematically Important Non Deposit Taking Non Banking Financial Company. It used to be a DSA for ICICI Bank for two-wheeler loans and later started its own book. Currently, it provides two wheelers, three wheelers, used cars, small business loans and personal loans.
Geographic Presence & Network:[2][3]
The company has a presence across 71 locations with a network of 1,118 dealers in 6 states which includes Maharashtra ~502, Gujarat ~248, Rajasthan ~160, Madhya Pradesh ~49, Uttar Pradesh ~21, and Chhattisgarh ~138.