Manba Finance Ltd
Established in 1998, Manba Finance Limited is a non-banking finance company offering financial solutions for new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers (EV2Ws), electric three-wheelers (EV3Ws), used cars, small business loans and personal loans[1]
- Market Cap ₹ 902 Cr.
- Current Price ₹ 180
- High / Low ₹ 202 / 125
- Stock P/E 28.7
- Book Value ₹ 70.4
- Dividend Yield 0.14 %
- ROCE 13.9 %
- ROE 17.0 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 2.55 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of 12.5% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|
87 | 118 | 105 | 107 | 133 | 192 | 217 | |
31 | 38 | 34 | 37 | 52 | 67 | 76 | |
Operating Profit | 56 | 79 | 72 | 69 | 82 | 125 | 141 |
OPM % | 64% | 67% | 68% | 65% | 61% | 65% | 65% |
1 | -3 | -5 | -7 | 1 | 0 | 0 | |
Interest | 35 | 50 | 51 | 47 | 57 | 82 | 96 |
Depreciation | 2 | 2 | 4 | 4 | 4 | 4 | 4 |
Profit before tax | 21 | 24 | 12 | 12 | 21 | 39 | 40 |
Tax % | 32% | 24% | 25% | 22% | 28% | 19% | |
14 | 18 | 9 | 9 | 15 | 31 | 31 | |
EPS in Rs | 15.20 | 14.49 | 7.22 | 7.51 | 12.11 | 8.28 | 10.15 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 17% |
3 Years: | 22% |
TTM: | 44% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 35% |
TTM: | 105% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 17% |
Balance Sheet
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|
Equity Capital | 9 | 13 | 13 | 13 | 13 | 38 | 50 |
Reserves | 94 | 123 | 130 | 140 | 154 | 163 | 303 |
372 | 394 | 379 | 395 | 608 | 763 | 891 | |
31 | 11 | 6 | 16 | 15 | 10 | 18 | |
Total Liabilities | 506 | 541 | 528 | 564 | 789 | 974 | 1,263 |
15 | 14 | 16 | 13 | 22 | 20 | 18 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 18 | 27 | 32 |
491 | 527 | 512 | 551 | 749 | 927 | 1,213 | |
Total Assets | 506 | 541 | 528 | 564 | 789 | 974 | 1,263 |
Cash Flows
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
7 | 73 | 18 | -124 | -141 | ||
-1 | -1 | -1 | -19 | 1 | ||
-13 | -69 | 19 | 202 | 156 | ||
Net Cash Flow | -7 | 3 | 36 | 59 | 16 |
Ratios
Figures in Rs. Crores
Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | ||||||
Days Payable | ||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | 1,849 | 1,567 | 43 | 1 | 3 | 16 |
ROCE % | 15% | 13% | 12% | 12% | 14% |
Documents
Announcements
-
Board Meeting Intimation for Prior Board Meeting Intimation Under Regulation 29(1) And Regulation 50(1) Of SEBI (LODR) Regulations, 2015.
1d - Board meeting to approve director appointment and committee reconstitution.
-
Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
1d - Update on Analyst/Institutional Investor Meeting.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
6 Dec - Investor meet scheduled for December 11, 2024.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
29 Nov - Company will conduct an Investor meet on Friday, December 06, 2024 to discuss ordinary course of business.
-
Announcement Under Regulation 30 (LODR) - Business Updates
29 Nov - Manba Finance Ltd surpasses highest ever AUM of 1200 Crores.
Concalls
-
Oct 2024Transcript PPT REC
Revenue Model: They earn interest on loans, processing fees, and other charges, providing affordable repayment options over monthly installments.
Personal Loans[1]