ftInvstr
MANAPPURAM · Financial Services ₹338.65 -0.34% Mkt Cap ₹31753 Cr undervalued

MANAPPURAM

Financial Services Credit Services
₹338.65
-0.34% today · 30d -6.7%
as of 2026-09-04
Price · Daily Candles
“Manappuram Finance's Earnings Surge While FIIs Nudge Up, Despite Muted Sales Growth.”
Manappuram Finance (MANAPPURAM) reported a strong quarterly operating profit growth of 141.01% YoY to ₹1748 Cr, improving its OPM by 35.89 percentage points. However, annual revenue declined by 5.29% and net profit by 17.51% YoY. The stock appears strong on technicals and profitability, with a 'STRONG' performance score of 90 and 'HIGH' profitability score of 100, but ML models indicate a 'weak' outlook for FCF growth (rank 0.0).
BULL CASE
+Quarterly operating profit surged 141.01% YoY to ₹1748 Cr, with OPM improving by 35.89 percentage points in Q4 2026.
+The stock is trading near its 52-week high, at -0.94% off the peak of ₹334.0, following a +45.04% return over the last year.
+FII shareholding increased marginally by 0.02% QoQ to 23.23% in Q4 2026.
+The company demonstrates 'STRONG' performance with a Business Score of 90 and 'HIGH' profitability with a score of 100.
BEAR CASE
Annual revenue decreased by 5.29% YoY and net profit declined by 17.51% YoY in FY26.
FCF growth predictions are 'weak', with a rank of 0.0 across all timeframes (1y recent 2y, 1y rolling 4y, 1y stable 7y).
DIIs reduced their stake by 0.08% QoQ to 12.97% in Q4 2026.
The 3-year CAGR for net profit is -12.76% and 5-year CAGR is -10.45%, indicating persistent profit decline over the medium term.
⟳ What Changed
₹ Latest Earnings · Q ending 2026-06-30
REVENUE
₹3034 Cr
+34.11% YoY
NET PROFIT
₹585 Cr
+341.44% YoY
OPM
70.2%
+24.65pp YoY
EPS
₹6.23
PE 28.18
Intrinsic value · DCF ₹4043.73 · Margin of safety +1094.1% (undervalued) · FCF yield 63.73%
◇ Sector Position
Manappuram Finance (PE 28.18) sits above industry average PE, while its close peer Muthoot Finance trades at a slightly lower PE of 25.08 but with a higher ROCE of 6.92% compared to PFC's 3.46%.
PEERPEROCE %
MANAPPURAM28.18
BAJFINANCE30.415.38
SHRIRAMFIN22.354.57
PFC5.533.46
+ 2 more peers — sign in to view
ML Forward Growth Predictions 🔒

9 ML-predicted forward-growth ranks across sales, EBIT, and FCF.

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68
SCORE / 100
Overall
6-axis composite of the sections below.
Performance STRONG 90
Valuation REASONABLE 60
Growth MUTED 33
Profitability HIGH 100
Technicals NEUTRAL 52
Risk LOW 70
Key Stats
TTM PE
28.18
P/B
1.72
52W HIGH
₹381.55
OFF HIGH
-11.24%
DIV YIELD
0.61%
MKT CAP
₹31753 Cr
◉ Active Signals
MACDBearish-2.6116
RSI(14)Neutral41.8
Street Consensus
14 analysts
₹316.57
mean target
Low ₹260.0Now ₹338.65High ₹360.0
⧉ Strategy Fit 🔒

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