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Fundamentals for Manappuram Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
Manappuram Finance Limited, a gold loan non-banking financial company, provides retail credit products and financial services in India. It offers loans against the security of used household gold jewelry; gold loans and online gold loans; microfinance loans and other financial services to low-income populations in rural and semi-urban areas; loans for construction, extension, purchase, and improvement of homes; life and non-life insurance products; and IT solutions. The company also provides depository services; and fee-based services, which include money transfer, foreign exchange, and depository services. In addition, it offers vehicle and equipment finance, including commercial vehicle, construction equipment, two wheeler, car, and farm equipment finance. The company serves retail, microfinance, small and medium enterprises, and commercial customers. It operates branches in 28 states and 4 Union Territories. The company was formerly known as Manappuram General Finance and Leasing Limited and changed its name to Manappuram Finance Limited in 2011. Manappuram Finance Limited was founded in 1949 and is based in Thrissur, India.
Revenue projections:
The projected decline in MANAPPURAM's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 94.116000 |
|---|---|
| forwardPE | 10.895727 |
| debtToEquity | 360.191000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 1.093000 |
| grossMargins | 0.981150 |
| operatingMargins | 0.450230 |
| trailingEps | 11.720000 |
| forwardEps | 29.250000 |
Manappuram Finance Limited's current ratio of 94.116 highlights the company's ability to easily cover its short-term debt using its available cash and assets. This indicates a strong liquidity position, ensuring Manappuram Finance Limited is unlikely to face difficulties in meeting immediate financial obligations.
Manappuram Finance Limited's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
MANAPPURAM's high debt-to-equity ratio indicates significant leverage, meaning the company has more debt compared to its equity. While this can accelerate growth, it also increases financial risk if revenue or profits decline.
MANAPPURAM's positive gross and operating margins suggest the company is performing profitably. These margins reflect efficient cost management and strong revenue generation, signaling healthy financial performance and operational effectiveness.
MANAPPURAM's forward EPS surpasses its trailing EPS, indicating that the company is expected to be more profitable in the current financial year. This reflects growing confidence in MANAPPURAM's earnings potential, suggesting stronger financial performance compared to the previous year.
Price projections:
Manappuram Finance Limited's price has frequently been situated near the lower end of analysts' projections. This trend indicates that the stock is struggling to meet expectations, which could signal a need for improvements in performance or investor confidence.
Insider Transactions:
2 MANAPPURAM transactions were recorded, when the market price was 257.0500030517578.Manappuram Finance Limited saw 2 buying transactions, each while market price hovered at 285.2749938964844.The list of insider trades lacks a strong directional signal, offering no compelling insights into the company's current or future state.
Recommendation changes over time:
MANAPPURAM has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view MANAPPURAM as a stable option to park their money and potentially benefit from the company's continued growth and profitability.
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