Manappuram Finance Limited reported a stable yet mixed financial performance for the quarter and year ended March 31, 2026. The company continued to benefit from its strong gold loan portfolio, which remained the primary contributor to revenue.
The company recorded total income of ₹2,625.58 crore in the March 2026 quarter, improving from ₹2,358.90 crore in the December 2025 quarter. For FY26, total income stood at ₹9,524.68 crore compared to ₹10,031.15 crore in FY25. Interest income remained the largest contributor, reflecting steady lending activity. Fee and commission income also supported overall revenue growth.
Profit before tax for Q4 FY26 was ₹563.81 crore, showing strong sequential growth from ₹302.86 crore. However, FY26 profit before tax declined to ₹1,270.19 crore from ₹1,665.64 crore in FY25. Increased finance costs and higher impairment on financial instruments weighed on margins. Net profit for the quarter stood at ₹404.79 crore, indicating recovery on a quarter-on-quarter basis.
The gold loan segment remained dominant, generating ₹2,331.29 crore in quarterly revenue and maintaining strong profitability. Microfinance performance was comparatively weaker and volatile, impacting overall segment results. The company continues to rely heavily on gold loans as its core growth engine.
Asset and Liability Position
Total assets rose significantly to ₹74,559.33 crore as of March 2026, up from ₹49,204.65 crore a year ago. This reflects expansion in the loan book. Total liabilities also increased to ₹58,502.11 crore, indicating higher borrowings to support business growth.
The company declared an interim dividend of ₹0.50 per equity share (25% of face value ₹2). The record date for the dividend is May 11, 2026. Shareholders holding shares in electronic or physical form as of this date will be eligible to receive the dividend, which will be paid or dispatched accordingly.
On May 5, 2026, Manappuram share price opened at ₹307.40, touching the day’s high at ₹308.95, as of 10:20 AM on the NSE.
Also Read: Manappuram Finance Share Price Jumps 12% in 2 Days After Bain Capital Deal; Stock Nears ₹321 52-Week High!
Manappuram Finance’s FY26 results highlight stable revenue performance backed by gold loans, despite profitability pressures. The interim dividend declaration reflects confidence in cash flows. Going forward, improving microfinance performance and managing costs will be key to sustaining growth.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a private recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
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Published on: May 5, 2026, 10:25 AM IST
Nikitha Devi
Nikitha is a content creator with 7+ years of experience in the financial domain. Specialising in personal finance, investments, and market insights, Nikitha simplifies complex financial topics, making them accessible to readers.
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