Close 2026-08-21 1267 scanned A

MANAPPURAM

Manappuram Finance Limited
Financial ServicesLarge capRs 33,582 crRs 219.5 cr traded a day
Close on 2026-08-21
357.50
+2.36%
52-week range88% of the way up
251.10371.85
Market cap
33,582 cr
P/E (TTM)
23.2×
industry 17×
EPS (TTM)
15.39
Revenue YoY
+34.1%
Q1 FY27
Profit YoY
+341.4%
Net margin
19.3%
+13.4pt vs a year ago
Growth trend
+23.3pt
vs last quarter’s YoY
1 month
+1.4%
Below 52w high
4.0%
RSI (14)
45
Daily swing
3.1%
average true range
Volume
1.3×
vs 20-day average
Traded
Rs 220 cr
median day
Close200-day averageMaterial filing
250300350Aug 25Oct 25Dec 25Feb 26Apr 26Jun 26Aug 26
260 sessions · hover for the filing behind a move
1 week
+2.44%
1 month
+1.43%
3 months
+8.25%
6 months
+21.99%
1 year
+27.22%

The read

written from the numbers on this page
The evidence leans constructive8 supporting, 1 against, 1 worth knowing

Supporting

  • trading 18% above its 200-day average
  • sitting at 88% of its 52-week range, with little overhead supply from trapped buyers
  • up 27% over twelve months
  • matches gapped up and held it, which has beaten the market by +2.66 points over 20 sessions across 11,111 past signals
  • 2 of the scans it matches have a positive measured record
  • 4 independent kinds of evidence agree today, which is uncommon
  • revenue grew 34% year on year in the quarter ending 2026-06-30
  • net margin has widened from 9.5% to 19.3% across four quarters

Against

  • priced at 23× earnings against an industry median of 17× — 35% above its peers

Worth knowing

  • the rise is short covering rather than fresh buying, which historically runs out when the shorts are done
What would change this read: a close below 303, its 200-day average; a failure to hold the top of its 52-week range.
Assembled automatically from the figures on this page — the scans matched, their measured record, the filed financials, the derivatives positioning and the peer comparison. It is not a recommendation, no one has spoken to the company, and every claim above can be checked against a number further down this page.

What is working, what is not

read from the filings, with the figure behind every line
Working3

Net profit +341.4% year on year, Rs 132 cr to Rs 585 cr.

+341.4%Rs 132 crRs 585 cr

Profit grew faster than revenue, +341.4% against +34.1%.

+341.4%+34.1%

Net margin moved from 5.9% to 19.3%.

5.9%19.3%
Needs watching1

Gold loan and others is 90% of revenue, so the business rests on one segment.

Gold loan and others90%
Every figure here is computed from the company’s own filings. The wording is generated directly from the figures.

How it has performed

price return over each window, measured against zero
+2.4%1W+1.4%1M+8.3%3M+22.0%6M+27.2%1Y

What the scans say today

12 of 47 matched on 2026-08-21
MANAPPURAM matches 12 of the 47 scans today, across 4 different kinds of evidence. Three or more independent families agreeing is uncommon — it is the same test the shortlist on every page uses.

What this company does

segments and revenue mix, as the company reports them
MANAPPURAM reports 2 business segments. The largest is Gold loan and others at 90% of revenue in the quarter ending 2026-06-30. On these numbers this is effectively a single-segment business, so the group result and that segment’s result move together.
SegmentRevenueSharevs a year ago
Gold loan and others2,725 cr89.6%
Micro Finance315 cr10.4%
Segment names are the company’s own, taken verbatim from the reportable-segment disclosure in its quarterly XBRL filing. Nothing on this page describes the business in words we wrote.

Quality of the business

balance sheet as at 2026-03-31
Return on equity
9.0%
trailing profit over shareholders’ funds
Return on capital
12.2%
pre-tax profit over equity plus borrowings
Debt to equity
0.00×
0 cr borrowed against 16,051 cr of equity
Net debt
5,048 cr
cash exceeds borrowings
Cash conversion
1400%
operating cash flow as a share of profit
Return on capital uses profit before tax over equity plus borrowings. The textbook version adds finance costs back; those are not tagged reliably in quarterly filings, so this understates the ratio for a heavily borrowed company rather than flattering it. Balance sheets are filed half-yearly, so these can be up to six months behind the profit figures above.

Valuation against its own history

500 sessions since 2024-09-06
median 29×
71×
now 23×
MANAPPURAM trades at 23× trailing earnings, below its median of 29× over this window — 20% less expensive than usual. The band runs from the 5th to the 95th percentile, so single-day spikes do not set the edges.
This window is short by the standards of valuation history — it begins where four quarters of filed earnings first exist. A stock can look cheap against two years and expensive against ten.

Recent filings

from the exchange, newest first
Other filing filings were typically -0.08pt vs the market over the next 5 sessions (n=12,093) · Analyst call filings were typically +0.14pt vs the market over the next 5 sessions (n=3,352) · AGM / EGM filings were typically +0.00pt vs the market over the next 5 sessions (n=4,362)

The business

from the company’s filed results
Everything below is taken from the company’s own quarterly filing with the exchange — the XBRL document it submitted, not a vendor’s summary of it. Figures in rupees crore.
2.6k2.6k2.4k2.3k2.3k2.4k2.6k3.0k21.7%-8.6%19.3%Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
RevenueNet profit, drawn inside its revenue barNet margin, own scale belowrupees crore, per quarter as filed. Revenue bars start at zero.

Going for it

  • revenue grew 34% against the same quarter a year earlier
  • profit rose 341% year on year
  • net margin widened from 15.5% to 19.3%
  • revenue rose in 4 of the last 4 quarters

Going against it

  • nothing clear in the filed numbers
Quarter-by-quarter numbers, as filed
QuarterRevenueProfit before taxNet profitEPSNet margin
Q1 FY27
2026-06-30 · consolidated
3,0347825856.2319.3%
Q4 FY26
2026-03-31 · consolidated
2,6145644054.7715.5%
Q3 FY26
2025-12-31 · consolidated
2,3533032392.8210.1%
Q2 FY26
2025-09-30 · consolidated
2,2833022172.579.5%
Q1 FY26
2025-06-30 · consolidated
2,2621021321.575.9%
Q4 FY25
2025-03-31 · consolidated
2,360-236-203-8.6%
Quarterly filings are unaudited unless stated. Consolidated figures are used where the company files both. A single quarter is a noisy thing — the trend across the column is worth more than the top row.

Where the price stands

the same figures every scan on this site is computed from
Trend
Distance from the averages traders watch. Above all of them is a bull phase; below the 200-day is the line most investors use to say otherwise.
Versus 50-day average+4.8%
Versus 200-day average+17.9%
Below 52-week high-3.9%
Above 52-week low+42.4%
Momentum
How hard it has been pushed lately. Above 70 on RSI is stretched, below 30 is washed out — neither is a signal on its own.
RSI (14)44.6
Higher closes in last 52 of 5
Six-month return+21.99%
Risk and liquidity
What a position costs to hold and to exit. Position sizing starts with the daily swing, not with conviction.
Typical daily swing (ATR)3.10%
Volume versus 20-day1.3x
Median daily turnoverRs 219.5 cr

Derivatives

near expiry 2026-08-25 · 2026-08-20
Short Covering
Price up, open interest down. Sellers are closing, not buyers arriving. Rallies built only on this tend not to last once the shorts are out.
Futures basis versus spot-0.07%
Open interest change-1.6%
Put / call ratio0.55
Put wall (support)360
Call wall (resistance)370
Max pain360
How to read this
Open interest is contracts still open, so a rise means new positions and a fall means positions closing. Combined with price direction that gives the state on the left. The walls are the strikes carrying the most open interest near expiry — levels other people are watching, not levels the price is obliged to respect. A future below spot means sellers are paying to be short.

Peers

Financial Services · 116 classified companies
MANAPPURAM trades at 23.2× trailing earnings against an industry median of 17.2× across 98 other classified companies in its industry — more expensive than them, by 35%. A multiple is a statement about expectations, not about quality: cheap usually means the market expects less, and it is often right.
CompanyMarket cap (Rs cr)P/E1 month1 yearTurnover (Rs cr)
HDFCBANK1,119,59813.8−2.72%−23.03%1,892.2
ICICIBANK1,018,80717.1−1.02%+1.85%1,533.6
SBIN968,01311.3+3.57%+30.45%918.6
BAJFINANCE681,18933.0+5.31%+23.02%738.2
KOTAKBANK400,65319.5+5.07%+3.68%372.3
AXISBANK387,54313.9+1.86%+17.95%718.6
SHRIRAMFIN265,87821.7+10.16%+93.29%425.4
JIOFIN161,11778.0+4.65%−21.73%340.3
CHOLAFIN158,89627.6+8.48%+30.15%252.3
TATACAP153,945+6.91%51.2
UNIONBANK140,0396.9+8.94%+43.70%181.3
MANAPPURAM33,58223.2+1.43%+27.22%219.5
largest twelve by market capitalisation. Market cap and P/E need filed financials, so blanks are companies whose filings have not been read yet

Recent sessions

what this stock has matched since the engine went live
This is the live record, not the backtest — the scans this stock actually appeared in on each stored session. A name that keeps reappearing is in a persistent condition; a one-day appearance usually is not.
SessionScansWhich
2026-08-212More cash than borrowings, Profit that turns into cash
2026-08-181Uptrend taking a breather