NBFC Stock Q1 FY27 PAT Jumps 41% YoY; Board Declares 50% Interim Dividend

On Tuesday, Indian equity benchmark indices traded lower, with the benchmark Nifty 50 index falling 112 points, or 0.46 per cent, to 24,471.70. Amid the market weakness, Manappuram Finance Limited share price declined 2.52 per cent to Rs 360 after the company reported strong Q1 FY27 earnings, declared an interim Dividend and announced multiple key board approvals, including a proposed enhancement of its borrowing limit to Rs 1,00,000 crore.

Manappuram Finance Q1 FY27 PAT Rises 41 per cent YoY

For the quarter ended June 30, 2026, Manappuram Finance reported standalone revenue from operations of Rs 2,543.44 crore, up 45.91 per cent YoY from Rs 1,743.14 crore in the corresponding quarter of the previous year.

Total income increased 45.88 per cent YoY to Rs 2,544.90 crore from Rs 1,744.54 crore.

Profit before Tax rose 40.69 per cent YoY to Rs 739.58 crore compared with Rs 525.69 crore in Q1 FY26. Net profit for the quarter stood at Rs 551.77 crore, registering a 40.72 per cent YoY increase from Rs 392.11 crore.

The company reported a net profit margin of 21.68 per cent.

Asset Quality and Capital Position

Manappuram Finance reported gross Stage 3 loan assets at 1.6 per cent of gross loan assets, while net Stage 3 loan assets stood at 1.1 per cent. The company’s capital adequacy ratio stood at 21.29 per cent, while the liquidity coverage ratio was 157.77 per cent.

The provision coverage ratio stood at 28.70 per cent. Net worth as of June 30, 2026, was reported at Rs 16,403.08 crore, while the debt-equity ratio stood at 3.23 times. Total debt to total assets was 75.25 per cent.

Board Declares 50 per cent Interim Dividend

The board declared an interim dividend of Rs 1 per equity share having a face value of Rs 2 each, translating into a 50 per cent dividend on face value.

The company has fixed Monday, August 17, 2026, as the record date for determining shareholders eligible to receive the interim dividend.

Board Approves Rs 1 Lakh Crore Borrowing Limit

The board also approved a proposal to enhance the company’s borrowing limits to Rs 1,00,000 crore.

The funds may be raised through instruments including listed non-convertible debentures, bonds and commercial papers, subject to shareholder approval under Section 180(1)(c) of the Companies Act, 2013.

Preferential Issue Fund Utilisation Proposal

The board has also approved, subject to shareholder consent, a variation in the objects relating to utilisation of funds raised through the company’s preferential issue. The issue involved 9,29,01,373 equity shares allotted to BC Asia Investments XXV Limited and 9,29,01,373 warrants allotted to BC Asia Investments XIV Limited on a private placement basis.
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Disclaimer: The article is for informational purposes only and not investment advice.