Financials Manappuram Finance Limited NSE India S.E.

Equities

MANAPPURAM

INE522D01027

Consumer Lending

Market Closed - NSE India S.E. 07:43:48 2024-04-26 am EDT 5-day change 1st Jan Change
195.2 INR +0.41% Intraday chart for Manappuram Finance Limited +3.72% +13.46%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 105,014 80,063 126,235 96,150 104,741 165,182 - -
Enterprise Value (EV) 1 105,014 80,063 126,235 96,150 104,741 165,182 165,182 165,182
P/E ratio 11.3 x 5.42 x 7.31 x 7.24 x 6.98 x 7.46 x 6.65 x 5.72 x
Yield 1.77% 2.32% 0.84% 2.64% - 1.87% 2.06% 2.27%
Capitalization / Revenue 3.67 x 2.15 x 3.04 x 2.34 x 2.3 x 2.71 x 2.38 x 2.06 x
EV / Revenue 3.67 x 2.15 x 3.04 x 2.34 x 2.3 x 2.71 x 2.38 x 2.06 x
EV / EBITDA 3,636,678 x 1,999,723 x - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 2.32 x 1.39 x 1.73 x 1.15 x 1.09 x 1.43 x 1.2 x 1.01 x
Nbr of stocks (in thousands) 842,810 844,993 846,365 846,395 846,395 846,435 - -
Reference price 2 124.6 94.75 149.2 113.6 123.8 195.2 195.2 195.2
Announcement Date 5/15/19 5/14/20 5/26/21 5/18/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 28,594 37,190 41,557 41,150 45,622 60,982 69,400 80,187
EBITDA 28,876 40,037 - - - - - -
EBIT 1 14,997 22,449 27,561 22,697 23,482 35,564 39,346 45,785
Operating Margin 52.45% 60.36% 66.32% 55.16% 51.47% 58.32% 56.69% 57.1%
Earnings before Tax (EBT) 1 14,273 20,073 23,160 17,835 20,410 30,068 33,407 38,354
Net income 1 9,224 14,678 17,242 13,284 14,960 22,177 24,676 28,657
Net margin 32.26% 39.47% 41.49% 32.28% 32.79% 36.37% 35.56% 35.74%
EPS 2 11.01 17.49 20.40 15.70 17.72 26.15 29.36 34.09
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.200 2.200 1.250 3.000 - 3.650 4.014 4.433
Announcement Date 5/15/19 5/14/20 5/26/21 5/18/22 5/12/23 - - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4
Net sales 1 10,928 11,063 10,806 10,620 9,758 9,965 9,981 11,858 11,688 12,095 14,088 14,259 15,243 16,424
EBITDA - - - - - - - - - - - - - -
EBIT 1 7,374 7,287 7,086 6,028 4,530 5,053 5,091 6,332 5,919 6,139 8,020 8,144 8,796 9,632
Operating Margin 67.49% 65.86% 65.57% 56.76% 46.42% 50.71% 51% 53.41% 50.64% 50.76% 56.93% 57.11% 57.7% 58.65%
Earnings before Tax (EBT) 1 6,572 6,221 5,864 4,950 3,482 3,539 3,808 5,527 5,410 5,666 6,808 6,844 7,849 8,074
Net income 1 4,832 4,683 4,365 3,698 2,610 2,611 2,821 4,084 3,922 4,134 4,959 5,218 5,661 5,918
Net margin 44.22% 42.33% 40.4% 34.82% 26.75% 26.2% 28.26% 34.44% 33.55% 34.18% 35.2% 36.59% 37.14% 36.03%
EPS 2 - - - - - - - - 4.650 4.910 5.880 - 6.800 6.900
Dividend per Share - - - - - - - - - - - - - -
Announcement Date 1/29/21 5/26/21 8/10/21 11/13/21 2/14/22 5/18/22 8/4/22 11/12/22 2/3/23 5/12/23 8/10/23 - - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 22.1% 28.5% 26.2% 16.9% 16.6% 20.9% 19.6% 19.3%
ROA (Net income/ Total Assets) 4.92% 5.94% 5.61% 4.08% 4.08% 5.09% 4.91% 4.9%
Assets 1 187,417 246,984 307,353 325,739 366,569 435,912 502,445 584,842
Book Value Per Share 2 53.70 68.00 86.40 98.90 114.0 136.0 162.0 193.0
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 5/15/19 5/14/20 5/26/21 5/18/22 5/12/23 - - -
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
195.2 INR
Average target price
210.9 INR
Spread / Average Target
+8.05%
Consensus
  1. Stock Market
  2. Equities
  3. MANAPPURAM Stock
  4. MANAPPURAM Stock
  5. Financials Manappuram Finance Limited