Manappuram Finance Share Price Jump 8% After Exiting F&O Ban

Manappuram Finance shares surged over 8% on Monday after the stock was removed from the Futures and Options (F&O) ban list. The stock opened at ₹182.05 on the BSE and climbed to an intraday high of ₹193.60.

Impact of Q3 FY25 Results on Stock Performance

On February 14, Manappuram Finance shares dropped 5% to ₹183 after the company posted weak Q3 FY25 results. The decline was mainly due to challenges in its microfinance business, which faced a temporary loan disbursement ban.

The company’s consolidated net profit fell by 50% to ₹282 crore, while bad loans and provisions in the microfinance segment quadrupled to ₹473 crore. The Reserve Bank of India (RBI) had imposed the ban due to concerns over high interest rates and excessive mark-ups, which was lifted last month. The microfinance revenue declined 5% to ₹665 crore.

Future Growth Plans 

With the ban lifted, Manappuram Finance plans to gradually resume growth in the microfinance segment while shifting focus towards gold and secured non-gold loans. The company aims to expand larger-ticket gold loans and adjust interest rates in microfinance, which may impact margins.

About Manappuram Finance

Manappuram Finance is a Non-Banking Financial Company (NBFC) that offers various fund-based and fee-based services, including gold loans and money exchange. It is classified as a Systemically Important Non-Deposit Taking NBFC (NBFC-ND).

As of 11:44 AM IST on February 17, Manappuram Finance share price is trading at ₹188.32, up 5.71% (+₹10.17) for the day. The stock opened at ₹185.00, reached a high of ₹193.69, and a low of ₹183.06. The company has a market capitalisation of ₹15,940 crore, a P/E ratio of 11.33, and a dividend yield of 2.12%. Its 52-week high stands at ₹230.40, while the 52-week low is ₹138.35.

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