Manba Finance Ltd (MANBA) - Net Assets
Based on the latest financial reports, Manba Finance Ltd (MANBA) has net assets worth Rs3.89 Billion INR (≈ $42.05 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs18.87 Billion ≈ $204.12 Million USD) and total liabilities (Rs14.99 Billion ≈ $162.07 Million USD). 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. Check Manba Finance Ltd asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs3.89 Billion |
| % of Total Assets | 20.6% |
| Annual Growth Rate | 34.45% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 32.62 |
Manba Finance Ltd - Net Assets Trend (2022–2025)
This chart illustrates how Manba Finance Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Manba Finance Ltd assets under control for the complete picture of this company's asset base.
Annual Net Assets for Manba Finance Ltd (2022–2025)
The table below shows the annual net assets of Manba Finance Ltd from 2022 to 2025. For live valuation and market cap data, see Manba Finance Ltd stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.69 Billion ≈ $39.90 Million |
+83.89% |
| 2024-03-31 | Rs2.01 Billion ≈ $21.69 Million |
+19.10% |
| 2023-03-31 | Rs1.68 Billion ≈ $18.22 Million |
+11.00% |
| 2022-03-31 | Rs1.52 Billion ≈ $16.41 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Manba Finance Ltd'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 105.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs1.31 Billion | 35.46% |
| Common Stock | Rs502.39 Million | 13.62% |
| Other Components | Rs1.88 Billion | 50.92% |
| Total Equity | Rs3.69 Billion | 100.00% |
Manba Finance Ltd Competitors by Market Cap
The table below lists competitors of Manba Finance Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cepatwawasan Group Bhd
KLSE:8982
|
$59.31 Million |
|
Global Mofy Metaverse Limited Ordinary Shares
NASDAQ:GMM
|
$59.31 Million |
|
Alliance Witan Ord
LSE:ALW
|
$59.31 Million |
|
Durect Corporation
NASDAQ:DRRX
|
$59.31 Million |
|
iLearningEngines, Inc.
NASDAQ:AILE
|
$59.29 Million |
|
SERESCO (ACC.P.DESD.)-16
F:XV7
|
$59.25 Million |
|
Newfield Resources Ltd
AU:NWF
|
$59.24 Million |
|
EstechPharma Co. Ltd
KQ:041910
|
$59.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manba Finance Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,006,075,000 to 3,688,991,000, a change of 1,682,916,000 (83.9%).
- Net income of 378,025,000 contributed positively to equity growth.
- Dividend payments of 293,667 reduced retained earnings.
- New share issuances of 1,508,400,000 increased equity.
- Other factors decreased equity by 203,215,333.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs378.02 Million | +10.25% |
| Dividends Paid | Rs293.67K | -0.01% |
| Share Issuances | Rs1.51 Billion | +40.89% |
| Other Changes | Rs-203.22 Million | -5.51% |
| Total Change | Rs- | 83.89% |
Book Value vs Market Value Analysis
This analysis compares Manba Finance Ltd'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: 1.49x
- 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 3.61x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-03-31 | Rs30.20 | Rs109.15 | x |
| 2023-03-31 | Rs33.53 | Rs109.15 | x |
| 2024-03-31 | Rs39.93 | Rs109.15 | x |
| 2025-03-31 | Rs73.43 | Rs109.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manba Finance Ltd 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): 10.25%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.96%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 3.97x
- Recent ROE (10.25%) is below the historical average (10.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 6.42% | 10.36% | 0.17x | 3.70x | Rs-54.34 Million |
| 2023 | 9.84% | 13.27% | 0.16x | 4.67x | Rs-2.63 Million |
| 2024 | 15.54% | 18.52% | 0.17x | 4.85x | Rs111.17 Million |
| 2025 | 10.25% | 15.96% | 0.16x | 3.97x | Rs9.13 Million |
Industry Comparison
This section compares Manba Finance Ltd's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $37,628,750,405
- Average return on equity (ROE) among peers: 10.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manba Finance Ltd (MANBA) | Rs3.89 Billion | 6.42% | 3.85x | $59.30 Million |
| Akme Fintrade India Ltd (AFIL) | $1.30 Billion | 0.00% | 2.50x | $41.31 Million |
| Arman Financial Services Limited (ARMANFIN) | $3.66 Billion | 25.65% | 4.57x | $169.77 Million |
| Baid Finserv Limited (BAIDFIN) | $108.03 Million | 5.96% | 2.17x | $19.08 Million |
| Bajaj Finance Limited (BAJFINANCE) | $96.00 Billion | 19.13% | 5.64x | $62.99 Billion |
| Capri Global Capital Limited (CGCL) | $38.37 Billion | 7.28% | 2.95x | $1.94 Billion |
| Cholamandalam Investment and Finance Company Limited (CHOLAFIN) | $22.87 Billion | 16.10% | 8.42x | $14.26 Billion |
| Cholamandalam Financial Holdings Limited (CHOLAHLDNG) | $162.58 Billion | 7.94% | 7.06x | $3.16 Billion |
| CREDITACCESS GRAMEEN LIMITED (CREDITACC) | $51.07 Billion | 16.18% | 3.28x | $2.25 Billion |
| CSL Finance Limited (CSLFINANCE) | $773.42 Million | 9.31% | 0.08x | $55.14 Million |
| DCM Financial Services Limited (DCMFINSERV) | $-439.02 Million | 0.00% | 0.00x | $1.13 Million |
About Manba Finance Ltd
Manba Finance Limited, a non-banking finance company, provides financial solutions in India. The company offers new two and three-wheeler, electric vehicle two and three-wheeler, and pre-owned two-wheeler and car loans. It also provides personal and small business loans. The company was incorporated in 1996 and is headquartered in Mumbai, India.