Manappuram Finance share price today

Manappuram Finance Ltd's share price was ₹314.20 at the close on 4 November 2026. It has been rising for 25 weeks. That is 1.0% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹254 and ₹372, and at that close it sat 51% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Manappuram Finance Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 4 weeks running.

Over the last 11 years the share price moved +920% while the NIFTY 500 moved +257%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 9 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: indian funds and insurers (DIIs) raised their stake for 7 quarters in a row, foreign funds (FIIs) cut their stake for 4 quarters in a row and highest quarterly profit in 15 quarters.

1. Indian funds and insurers (DIIs) raised their stake for 7 quarters in a row

   From 7.9% to 17.6% of the company by the September 2026 quarter.

2. Foreign funds (FIIs) cut their stake for 4 quarters in a row

   From 30.2% to 21% of the company by the September 2026 quarter.

3. Highest quarterly profit in 15 quarters

   Profit of ₹585 crore in the June 2026 quarter is the highest of the last 15 quarters.

   Why: Profit hit a record because gold loans grew fast and pricing changes lifted what the company earns on them, while Asirvad swung back to a profit.

   Next results: check whether gold-loan growth stays on the stated path and whether branch rollout speeds up in Q2.

   From the earnings call on 11 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Manappuram Finance reported total income of ₹3,034 crore, up 34.1% from ₹2,262 crore a year earlier, and a profit of ₹585 crore, up 343.2% from ₹132 crore.

Manappuram Finance results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Manappuram Finance's management discussed these results on a call held on 11 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Income and profit in ₹ crore.

Manappuram Finance closed at ₹314.20 on 4 November 2026, up 16.1% from ₹270.65 a year earlier (7 November 2025) and up 50.9% over five years. Its highest weekly close since February 2016 was ₹371.85 on 31 July 2026.

Manappuram Finance share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

566 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Manappuram Finance closed at ₹314.20, up 8.7% on the week and up 1.7% on the month. 17 Aug 2026: ex-date for an interim dividend of ₹1 a share.

Earlier

• 11 Aug 2026: Manappuram Finance held its results call for April to June 2026. Management guided: FY27 gold-loan growth 25-30%.
• Results for April to June 2026: Total income up 34.1% and profit up 343.2% on a year earlier.
• 11 May 2026: ex-date for an interim dividend of ₹0.50 a share.
• 6 Feb 2026: ex-date for an interim dividend of ₹0.50 a share.
• 7 Nov 2025: ex-date for an interim dividend of ₹0.50 a share.

Manappuram Finance paid ₹2.50 a share in regular dividends in the 12 months to 5 November 2026 (4 payments), a yield of 0.80% at the ₹314.20 close on 4 November 2026. The last was an interim dividend of ₹1 a share, ex-date 17 August 2026.

Manappuram Finance dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Manappuram Finance Ltd paid out 19% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 11 August 2026, Manappuram Finance's management guided: FY27 gold-loan growth 25-30%.

“We are not giving any priority this year to vehicle loans. We do not want to, and we have not disbursed any more vehicle loans during this year. After 1 year, probably during FY28, we may consider whether to restart or not.”V.P. Nandakumar, on the call for April to June 2026

What management guided

• Group gold-loan branch plan around 500 in FY27; rollout expected to accelerate in Q2, with 60% in South/Central India, 20% in eastern states and balance elsewhere.
• Consolidated gold mix planned at 75-80% of AUM; remainder prime or other secured lending.
• MFI disbursements ₹400-500 crore; consolidated MFI share contained below 10%, later framed as an 8-10% cap.
• ROE to reach around 18% in three years, with ROA and ROE expected to grow consistently.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 11 August 2026.

When Manappuram Finance reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Gold-loan growth to track against the stated guide; check whether customer and tonnage momentum continues through the next season.

Manappuram Finance is on 3 of our India lists: Small & mid cap stocks, Gold & silver stocks and Gold loan companies.

Manappuram Finance Ltd earned ₹585 Cr of net profit in the Jun 2026 quarter, +343.2% on the same quarter a year earlier. Full-year FY26 profit was ₹993 Cr. Over 10 years profit has grown 10.8% a year on average. That is 19.3% of the quarter's revenue. The same quarter a year earlier earned ₹132 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹993 Cr (−17.5% on the year before).

Why profit moved: revenue changed +34.1% on a year earlier and the margin moved +13.5 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +89.0% and revenue +5.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Manappuram Finance Ltd reported ₹3,034 Cr of income in the Jun 2026 quarter, +34.1% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 14.9% a year on average. The last full year, FY26, came in at ₹9,509 Cr.

For a bank, revenue is everything it earns: interest on its loans plus fees and other income.

The last four reported quarters add to ₹10,275 Cr.

FY26 revenue was ₹9,509 Cr, −5.0% on the year before.

Recent pace: the last four quarters grew +5.8% on average, against 14.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +4.7%, against +5.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +85.6%, against −20.0% a year (accelerating).

Manappuram Finance Ltd's net margin was 19.3% in the Jun 2026 quarter, 13.5 percentage points higher than the same quarter a year ago. Across 13 years it has been between 10.4% and 27.2%. The latest quarter is within that range.

Net margin is what the bank keeps from every ₹100 of revenue after every cost, provision for bad loans and tax. It is the clearest single margin we can read for a lender.

Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason.

Manappuram Finance Ltd's gross NPA, the share of loans that have stopped being repaid, is 2.61% in Dec 2025, up from 2.46% a year ago. After the money already set aside for bad loans, 2.18% is left (net NPA). That is the 2nd quarter in a row of improvement.

Gross NPA is the share of the loan book where repayments have stopped. Net NPA is what is left after the money the lender has already set aside for those loans. Falling is good; rising is a warning.

Across the 10 quarters on file it has been between 1.56% and 3.00%. Falling bad loans mean the loan book is healing; rising ones mean new damage.

In Dec 2025, gross NPA was 2.61% and net NPA 2.18%, against 2.46% and 2.23% a year ago.

The bad-loan figures stop at Dec 2025, and our data does not yet carry gross and net NPA for the quarters after it, although results up to Jun 2026 are in. They are shown as filed, not estimated.

In short: a lender's profit growth is only as good as its loans, and this loan book is healing, several quarters running. Quarterly detail on money set aside for bad loans is not in our data yet, so this shows the levels and the trend, not the cost of the clean-up.

Why bad loans moved: recoveries, write-offs and new bad loans all play a part. That split is not in our data, so the page shows the trend without the breakdown.

Manappuram Finance Ltd's revenue was ₹9,509 Cr in FY26, −5.0% on the year before, so the loan book is not growing. The latest quarter was +34.1% on a year earlier. The net margin on that income is 19.3%, +13.5 percentage points on a year ago.

We read the loan book through revenue: when the book grows, revenue grows with it. It is only a rough guide, because interest-rate changes and fee swings can move it a few points in any year.

Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year.

In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses.

Manappuram Finance Ltd's P/BV is 1.8×, in the middle of its own history: higher than 43% of past readings. Its usual P/BV (the middle reading) is 2.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

For a bank or lender we compare the price with book value, the net worth on its balance sheet. P/BV is how many rupees the market pays for each ₹1 of that net worth. Below 1× means the market values it at less than its net worth.

Why the multiple is low: this lender earns about 7% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve.