TickerSutra

NSE: MANBA · BSE: 544262 · ISIN INE939X01013

Manba Finance Limited stock analysis

Manba Finance Limited ranks #1489 in the TickerSutra evidence-ranked universe with a score of 53/100 and 93% data confidence. The latest captured fundamentals show ROCE of 12.5%, quarterly sales growth of 38.2% and quarterly profit growth of 36.0%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE53/100

Monitor only

#1489 of 5,430 ranked equities
Market capitalisation₹662.65cr
ROCE12.5%
Quarterly sales growth38.2%
Quarterly profit growth36.0%
P/E ratio13.6×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • 35.1% three-year sales CAGR
  • No promoter shares are reported as pledged

Risks and constraints

  • Debt/equity is above 0.5×
  • CFO/EBITDA is below 0.6×

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹107cr₹23cr₹9cr21.0%
2023₹133cr₹25cr₹15cr19.0%
2024₹192cr₹43cr₹31cr22.0%
2025₹251cr₹55cr₹38cr22.0%
2026₹328cr₹64cr₹45cr20.0%
TTM₹354cr₹70cr₹49cr20.0%
Debt / equity3.80×
CFO / EBITDA-5.91×
Operating margin20.0%
Free cash flow₹-379cr
Sales CAGR · 3Y35.1%
Profit CAGR · 3Y44.2%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

0 positive catalysts0 negative catalysts17 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Regulatory updatesHigh severity · 36 mentions
Constructive

Credit costs remained at approximately 1%, reflecting the effectiveness of our risk management framework and collections capabilities. We also maintained a prudent provisioning approach, with expected credit loss provisions remaining significantly above regulatory requirements, providing an additional safeguard against future uncertainties. STRENGTHENING OUR FINANCIAL FOUNDATION During the year, we raised C1,265 cror

Export market updatesHigh severity · 2 mentions
Constructive

We posted a total income of H33,019.44 lakhs and a net profit of H4,535.64 lakhs, compared to H 25,096.94 lakhs and H 3,780.25 lakhs, respectively, in the previous year. HIGHLIGHTS/PERFORMANCE OF THE COMPANY During the year under review, the Company continued to strengthen its business through strategic partnerships, digital initiatives, and geographic expansion. The Company entered into Business Correspondent partne

Management confidenceHigh severity · 1 mention
Constructive

Our interim dividend reflects our confidence in the business and our commitment to creating long-term value for our shareholders as we continue to scale. Based on the strong momentum we have built, we remain confident of delivering AUM growth of 35% to 40% growth during the current financial years. Now I request our Executive Director and CFO, Mr.

Regulatory approvalLow severity · 5 mentions
Watch

Additionally, we checked the accuracy and completeness of input data, the mathematical correctness of ECL computations, and the appropriate application of ECL rates to the loan portfolio. We also evaluated the adequacy of adjustments made to the ECL model by stressing the inputs to ensure they matched the overlay amounts approved by the Audit Committee. 4(d) ii, 5.II(ii) and 43 (B) (i) Independent Auditors’ Report Sr

Institutional interestLow severity · 1 mention
Watch

News release: Publish in English Newspaper- Financial Express and Regional (Marathi) Newspaper- Nava Shakti published on Company’s Website www.manbafinance.com 4. Presentations to institutional investors/analysts are published on Company’s Website - www.manbafinance.com General Shareholder Information: 30th Annual General Meeting Day Saturday Date and Time September 26, 2026 at 01.00 P.M. Venue Through video conferen

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

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