Manappuram Finance
Market Cap
₹175.5b
Last Updated
2021/07/31 12:12 UTC
Data Sources
Company Financials +
Executive Summary
Manappuram Finance Limited, a non-banking financial company, provides retail credit products and financial services in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
6 star dividend payer and good value.
Similar Companies
Share Price & News
How has Manappuram Finance's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: MANAPPURAM is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: MANAPPURAM's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
6.1%
MANAPPURAM
1.4%
IN Consumer Finance
0.2%
IN Market
1 Year Return
30.8%
MANAPPURAM
74.0%
IN Consumer Finance
54.0%
IN Market
Return vs Industry: MANAPPURAM underperformed the Indian Consumer Finance industry which returned 74% over the past year.
Return vs Market: MANAPPURAM underperformed the Indian Market which returned 54% over the past year.
Shareholder returns
| MANAPPURAM | Industry | Market | |
|---|---|---|---|
| 7 Day | 6.1% | 1.4% | 0.2% |
| 30 Day | 24.0% | 3.4% | 1.9% |
| 90 Day | 39.1% | 11.9% | 12.6% |
| 1 Year | 32.4%30.8% | 74.8%74.0% | 56.1%54.0% |
| 3 Year | 93.2%84.1% | 80.9%66.3% | 36.9%30.0% |
| 5 Year | 163.4%140.4% | 193.2%163.1% | 82.0%66.7% |
Long-Term Price Volatility Vs. Market
How volatile is Manappuram Finance's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Trade Alert: The Executive VP and CEO of Vehicle & Equipment Finance Of Manappuram Finance Limited (NSE:MANAPPURAM), K. Kumar, Has Sold Some Shares Recently1 month ago | Simply Wall St
Manappuram Finance (NSE:MANAPPURAM) Has Gifted Shareholders With A Fantastic 143% Total Return On Their Investment2 months ago | Simply Wall St
If You Like EPS Growth Then Check Out Manappuram Finance (NSE:MANAPPURAM) Before It's Too LateValuation
Is Manappuram Finance undervalued compared to its fair value and its price relative to the market?
1.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MANAPPURAM (₹207.35) is trading below our estimate of fair value (₹211.05)
Significantly Below Fair Value: MANAPPURAM is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: MANAPPURAM is good value based on its PE Ratio (10.2x) compared to the Indian Consumer Finance industry average (17.1x).
PE vs Market: MANAPPURAM is good value based on its PE Ratio (10.2x) compared to the Indian market (23.6x).
Price to Earnings Growth Ratio
PEG Ratio: MANAPPURAM is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: MANAPPURAM is overvalued based on its PB Ratio (2.4x) compared to the IN Consumer Finance industry average (0.9x).
Future Growth
How is Manappuram Finance forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?
17.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MANAPPURAM's forecast earnings growth (17.2% per year) is above the savings rate (6.8%).
Earnings vs Market: MANAPPURAM's earnings (17.2% per year) are forecast to grow slower than the Indian market (20.6% per year).
High Growth Earnings: MANAPPURAM's earnings are forecast to grow, but not significantly.
Revenue vs Market: MANAPPURAM's revenue (12.7% per year) is forecast to grow faster than the Indian market (12.4% per year).
High Growth Revenue: MANAPPURAM's revenue (12.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MANAPPURAM's Return on Equity is forecast to be high in 3 years time (22%)
Past Performance
How has Manappuram Finance performed over the past 5 years?
26.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MANAPPURAM has high quality earnings.
Growing Profit Margin: MANAPPURAM's current net profit margins (41.9%) are higher than last year (39.1%).
Past Earnings Growth Analysis
Earnings Trend: MANAPPURAM's earnings have grown significantly by 26.1% per year over the past 5 years.
Accelerating Growth: MANAPPURAM's earnings growth over the past year (17.5%) is below its 5-year average (26.1% per year).
Earnings vs Industry: MANAPPURAM earnings growth over the past year (17.5%) exceeded the Consumer Finance industry 7.5%.
Return on Equity
High ROE: Whilst MANAPPURAM's Return on Equity (23.45%) is high, this metric is skewed due to their high level of debt.
Financial Health
How is Manappuram Finance's financial position?
Financial Position Analysis
Short Term Liabilities: MANAPPURAM's short term assets (₹294.4B) exceed its short term liabilities (₹6.7B).
Long Term Liabilities: MANAPPURAM's short term assets (₹294.4B) exceed its long term liabilities (₹233.2B).
Debt to Equity History and Analysis
Debt Level: MANAPPURAM's debt to equity ratio (308.2%) is considered high.
Reducing Debt: MANAPPURAM's debt to equity ratio has reduced from 346.8% to 308.2% over the past 5 years.
Debt Coverage: MANAPPURAM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if MANAPPURAM's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Manappuram Finance current dividend yield, its reliability and sustainability?
1.45%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MANAPPURAM's dividend (1.45%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: MANAPPURAM's dividend (1.45%) is in the top 25% of dividend payers in the Indian market (1.42%)
Stability and Growth of Payments
Stable Dividend: MANAPPURAM's dividends per share have been stable in the past 10 years.
Growing Dividend: MANAPPURAM's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (9.8%), MANAPPURAM's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MANAPPURAM's dividends in 3 years are forecast to be thoroughly covered by earnings (14.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.0yrs
Average management tenure
CEO
Vazhappully Nandakumar (67 yo)
9.17yrs
Tenure
₹119,380,000
Compensation
Mr. Vazhappully Padmanabhan Nandakumar, M.Sc, CAIIB (Part I), has been the Managing Director and Chief Executive Officer of Manappuram Finance Limited since May 19, 2012. Mr. Nandakumar serves as the Chief...
CEO Compensation Analysis
Compensation vs Market: Vazhappully's total compensation ($USD1.61M) is above average for companies of similar size in the Indian market ($USD432.35K).
Compensation vs Earnings: Vazhappully's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: MANAPPURAM's management team is seasoned and experienced (7 years average tenure).
Board Members
Experienced Board: MANAPPURAM's board of directors are considered experienced (6.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: MANAPPURAM insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Manappuram Finance Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Manappuram Finance Limited
- Ticker: MANAPPURAM
- Exchange: NSEI
- Founded: 1949
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: ₹175.451b
- Shares outstanding: 846.36m
- Website: https://www.manappuram.com
Number of Employees
Location
- Manappuram Finance Limited
- Manappuram House
- IV / 470 (old) W638A (New), Valapad PO
- Thrissur
- Kerala
- 680567
- India
Listings
Biography
Manappuram Finance Limited, a non-banking financial company, provides retail credit products and financial services in India. The company offers loans against the pledge of household and used gold jewelry,...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/07/31 12:12 |
| End of Day Share Price | 2021/07/30 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2021/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.