Manappuram Finance Limited
Manappuram Finance Limited, a gold loan non-banking financial company, provides fund-based and fee-based financial services in India. It offers loans, such as gold, doorstep gold, online gold, vehicle, business, digital personal, and corporate loans; financing products, including two-wheeler finance, and micro home finance. The company also provides foreign exchange money transfer, digital wallet… Read more
Manappuram Finance Limited (MANAPPURAM) - Net Assets
Latest net assets as of September 2025: ₹127.21 Billion INR
Based on the latest financial reports, Manappuram Finance Limited (MANAPPURAM) has net assets worth ₹127.21 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹516.57 Billion) and total liabilities (₹389.37 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹127.21 Billion |
| % of Total Assets | 24.63% |
| Annual Growth Rate | 40.97% |
| 5-Year Change | 69.27% |
| 10-Year Change | 347.93% |
| Growth Volatility | 80.68 |
Manappuram Finance Limited - Net Assets Trend (2006–2025)
This chart illustrates how Manappuram Finance Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Manappuram Finance Limited (2006–2025)
The table below shows the annual net assets of Manappuram Finance Limited from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹124.49 Billion | +7.53% |
| 2024-03-31 | ₹115.77 Billion | +19.78% |
| 2023-03-31 | ₹96.65 Billion | +15.28% |
| 2022-03-31 | ₹83.84 Billion | +14.00% |
| 2021-03-31 | ₹73.55 Billion | +26.71% |
| 2020-03-31 | ₹58.04 Billion | +26.99% |
| 2019-03-31 | ₹45.71 Billion | +18.32% |
| 2018-03-31 | ₹38.63 Billion | +14.10% |
| 2017-03-31 | ₹33.86 Billion | +21.82% |
| 2016-03-31 | ₹27.79 Billion | +4.95% |
| 2015-03-31 | ₹26.48 Billion | +6.28% |
| 2014-03-31 | ₹24.92 Billion | +2.00% |
| 2013-03-31 | ₹24.43 Billion | +2.60% |
| 2012-03-31 | ₹23.81 Billion | +23.76% |
| 2011-03-31 | ₹19.24 Billion | +215.11% |
| 2010-03-31 | ₹6.11 Billion | +263.70% |
| 2009-03-31 | ₹1.68 Billion | +78.97% |
| 2008-03-31 | ₹938.00 Million | +228.28% |
| 2007-03-31 | ₹285.73 Million | +56.36% |
| 2006-03-31 | ₹182.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manappuram Finance Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7517095000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹75.17 Billion | 60.46% |
| Common Stock | ₹1.69 Billion | 1.36% |
| Other Comprehensive Income | ₹33.27 Billion | 26.76% |
| Other Components | ₹14.19 Billion | 11.42% |
| Total Equity | ₹124.32 Billion | 100.00% |
Manappuram Finance Limited Competitors by Market Cap
The table below lists competitors of Manappuram Finance Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Calumet Specialty Products Partners
NASDAQ:CLMT
|
$1.63 Billion |
|
HEXPOL AB ser. B
LSE:0R7O
|
$1.63 Billion |
|
Linktel Technologies Co. Ltd. A
SHE:301205
|
$1.63 Billion |
|
HUTCHMED (China) Limited
PINK:HMDCF
|
$1.63 Billion |
|
Hunan Zhongke Electric
SHE:300035
|
$1.63 Billion |
|
Mednax Inc
NYSE:MD
|
$1.63 Billion |
|
Turning Point Brands Inc
NYSE:TPB
|
$1.63 Billion |
|
Inter Parfums Inc
NASDAQ:IPAR
|
$1.63 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manappuram Finance Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 115,481,020,000 to 124,321,900,000, a change of 8,840,880,000 (7.7%).
- Net income of 12,161,470,000 contributed positively to equity growth.
- Dividend payments of 3,385,700,000 reduced retained earnings.
- Share repurchases of 16,300,000 reduced equity.
- Other comprehensive income increased equity by 3,674,510,000.
- Other factors decreased equity by 3,593,100,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹12.16 Billion | +9.78% |
| Dividends Paid | ₹3.39 Billion | -2.72% |
| Share Repurchases | ₹16.30 Million | -0.01% |
| Other Comprehensive Income | ₹3.67 Billion | +2.96% |
| Other Changes | ₹-3.59 Billion | -2.89% |
| Total Change | ₹- | 7.66% |
Book Value vs Market Value Analysis
This analysis compares Manappuram Finance Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 285.28x to 1.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | ₹0.90 | ₹256.10 | x |
| 2007-03-31 | ₹1.30 | ₹256.10 | x |
| 2008-03-31 | ₹3.94 | ₹256.10 | x |
| 2009-03-31 | ₹6.13 | ₹256.10 | x |
| 2010-03-31 | ₹11.01 | ₹256.10 | x |
| 2011-03-31 | ₹34.68 | ₹256.10 | x |
| 2012-03-31 | ₹28.30 | ₹256.10 | x |
| 2013-03-31 | ₹29.04 | ₹256.10 | x |
| 2014-03-31 | ₹29.62 | ₹256.10 | x |
| 2015-03-31 | ₹31.30 | ₹256.10 | x |
| 2016-03-31 | ₹32.79 | ₹256.10 | x |
| 2017-03-31 | ₹39.95 | ₹256.10 | x |
| 2018-03-31 | ₹45.46 | ₹256.10 | x |
| 2019-03-31 | ₹53.62 | ₹256.10 | x |
| 2020-03-31 | ₹67.88 | ₹256.10 | x |
| 2021-03-31 | ₹86.40 | ₹256.10 | x |
| 2022-03-31 | ₹98.87 | ₹256.10 | x |
| 2023-03-31 | ₹113.95 | ₹256.10 | x |
| 2024-03-31 | ₹136.43 | ₹256.10 | x |
| 2025-03-31 | ₹145.37 | ₹256.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manappuram Finance Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.29%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.96x
- Recent ROE (9.78%) is below the historical average (18.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.23% | 19.84% | 0.19x | 6.04x | ₹22.35 Million |
| 2007 | 37.82% | 30.54% | 0.22x | 5.55x | ₹79.48 Million |
| 2008 | 22.77% | 32.25% | 0.23x | 3.12x | ₹119.80 Million |
| 2009 | 17.65% | 23.26% | 0.19x | 3.93x | ₹128.38 Million |
| 2010 | 19.61% | 35.08% | 0.13x | 4.17x | ₹586.66 Million |
| 2011 | 14.69% | 33.27% | 0.11x | 4.04x | ₹902.68 Million |
| 2012 | 24.84% | 37.75% | 0.13x | 5.07x | ₹3.53 Billion |
| 2013 | 8.53% | 9.24% | 0.18x | 5.21x | ₹-358.59 Million |
| 2014 | 9.07% | 10.76% | 0.19x | 4.35x | ₹-231.93 Million |
| 2015 | 10.31% | 13.67% | 0.17x | 4.41x | ₹80.37 Million |
| 2016 | 12.81% | 14.97% | 0.18x | 4.66x | ₹775.65 Million |
| 2017 | 22.48% | 22.27% | 0.22x | 4.51x | ₹4.20 Billion |
| 2018 | 17.65% | 19.57% | 0.20x | 4.49x | ₹2.94 Billion |
| 2019 | 20.79% | 22.36% | 0.21x | 4.52x | ₹4.88 Billion |
| 2020 | 25.54% | 26.59% | 0.19x | 5.04x | ₹8.93 Billion |
| 2021 | 23.60% | 27.21% | 0.20x | 4.29x | ₹9.94 Billion |
| 2022 | 15.87% | 21.96% | 0.18x | 4.04x | ₹4.92 Billion |
| 2023 | 15.51% | 22.51% | 0.17x | 4.10x | ₹5.31 Billion |
| 2024 | 18.95% | 24.86% | 0.19x | 4.05x | ₹10.34 Billion |
| 2025 | 9.78% | 12.29% | 0.20x | 3.96x | ₹-270.72 Million |
Industry Comparison
This section compares Manappuram Finance Limited's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $3,621,595,776
- Average return on equity (ROE) among peers: 14.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manappuram Finance Limited (MANAPPURAM) | ₹127.21 Billion | 22.23% | 3.06x | $1.63 Billion |
| Akme Fintrade India Ltd (AFIL) | $3.82 Billion | 8.69% | 0.77x | $14.54 Million |
| Arman Financial Services Limited (ARMANFIN) | $196.82 Million | 15.55% | 2.31x | $97.80 Million |
| Baid Finserv Limited (BAIDFIN) | $1.30 Billion | 5.85% | 1.62x | $4.85 Million |
| Capital Trust Limited (CAPTRUST) | $93.80 Million | 16.46% | 2.19x | $586.90K |
| Capri Global Capital Limited (CGCL) | $1.53 Billion | 67.12% | 0.54x | $555.03 Million |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $8.02 Billion | 8.68% | 3.62x | $1.74 Billion |
| Capital India Finance Limited (CIFL) | $6.56 Billion | -6.33% | 1.73x | $2.98K |
| CP Capital Limited (CPCAP) | $5.46 Billion | 6.99% | 0.14x | $4.60 Million |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $6.91 Billion | 10.89% | 4.16x | $724.43 Million |
| CSL Finance Limited (CSLFINANCE) | $2.33 Billion | 9.66% | 0.43x | $19.61 Million |