Manappuram Finance Limited

BSE:531213 Stock Report

Market Cap: ₹128.3b

Manappuram Finance Valuation

Is 531213 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 531213 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 531213 (₹151.55) is trading below our estimate of fair value (₹194.63)

Significantly Below Fair Value: 531213 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 531213?

Key metric: As 531213 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 531213. This is calculated by dividing 531213's market cap by their current earnings.
What is 531213's PE Ratio?
PE Ratio5.7x
Earnings₹22.60b
Market Cap₹128.28b

Price to Earnings Ratio vs Peers

How does 531213's PE Ratio compare to its peers?

The above table shows the PE ratio for 531213 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27x
FIVESTAR Five-Star Business Finance
19x16.1%₹184.6b
CREDITACC CreditAccess Grameen
10.6x16.9%₹141.7b
531595 Capri Global Capital
48.2x37.5%₹155.9b
SBFC SBFC Finance
30.3x23.1%₹91.2b
531213 Manappuram Finance
5.7x11.8%₹128.3b

Price-To-Earnings vs Peers: 531213 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the peer average (27x).

Price to Earnings Ratio vs Industry

How does 531213's PE Ratio compare vs other companies in the IN Consumer Finance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
523384 Maha Rashtra Apex
0.7xn/aUS$27.53m
No more companies available in this PE range
531213 5.7xIndustry Avg. 22.4xNo. of Companies10PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 531213 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the Indian Consumer Finance industry average (22.4x).

Price to Earnings Ratio vs Fair Ratio

What is 531213's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

531213 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.7x
Fair PE Ratio18.8x

Price-To-Earnings vs Fair Ratio: 531213 is good value based on its Price-To-Earnings Ratio (5.7x) compared to the estimated Fair Price-To-Earnings Ratio (18.8x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 531213 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹151.55
₹185.46
+22.4%
20.3%₹260.00₹120.00n/a13
Nov ’25₹159.70
₹204.54
+28.1%
17.7%₹260.00₹150.00n/a13
Oct ’25₹197.40
₹233.36
+18.2%
13.6%₹270.00₹150.00n/a14
Sep ’25₹215.95
₹231.93
+7.4%
13.3%₹270.00₹150.00n/a14
Aug ’25₹213.60
₹225.00
+5.3%
12.5%₹270.00₹150.00n/a14
Jul ’25₹211.70
₹216.43
+2.2%
10.8%₹245.00₹150.00n/a14
Jun ’25₹168.85
₹213.93
+26.7%
10.0%₹230.00₹150.00n/a14
May ’25₹200.20
₹210.87
+5.3%
14.0%₹240.00₹150.00n/a15
Apr ’25₹181.75
₹209.67
+15.4%
13.8%₹235.00₹150.00n/a15
Mar ’25₹179.90
₹207.67
+15.4%
14.0%₹235.00₹150.00n/a15
Feb ’25₹181.65
₹185.86
+2.3%
16.3%₹225.00₹110.00n/a14
Jan ’25₹171.25
₹181.71
+6.1%
16.0%₹210.00₹110.00n/a14
Dec ’24₹162.75
₹170.13
+4.5%
15.6%₹210.00₹110.00n/a15
Nov ’24₹136.10
₹166.14
+22.1%
13.7%₹200.00₹110.00₹159.7014
Oct ’24₹149.85
₹164.43
+9.7%
13.1%₹200.00₹110.00₹197.4014
Sep ’24₹151.75
₹164.43
+8.4%
13.1%₹200.00₹110.00₹215.9514
Aug ’24₹135.85
₹148.00
+8.9%
15.9%₹193.00₹90.00₹213.6014
Jul ’24₹132.35
₹145.50
+9.9%
14.8%₹180.00₹90.00₹211.7014
Jun ’24₹113.00
₹145.50
+28.8%
14.8%₹180.00₹90.00₹168.8514
May ’24₹129.70
₹149.79
+15.5%
10.0%₹180.00₹110.00₹200.2014
Apr ’24₹123.75
₹151.00
+22.0%
12.3%₹200.00₹110.00₹181.7514
Mar ’24₹105.40
₹149.07
+41.4%
12.6%₹200.00₹110.00₹179.9015
Feb ’24₹113.20
₹145.21
+28.3%
9.3%₹165.00₹110.00₹181.6514
Jan ’24₹116.20
₹144.50
+24.4%
9.3%₹165.00₹110.00₹171.2514
Dec ’23₹116.40
₹144.08
+23.8%
9.6%₹165.00₹110.00₹162.7513
Nov ’23₹105.80
₹134.09
+26.7%
12.2%₹160.00₹100.00₹136.1011

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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