Manba Finance plans to achieve significant asset under management (AUM) growth of 25-30% and promote diversification by the financial year 2027. The goal is aimed at expanding its reach and portfolio.
Manba Finance Limited
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Manba Finance's FY26 performance shows a 29% increase in Assets Under Management to INR 17,127 million, coupled with a 20% jump in Profit After Tax to INR 454 million. The expansion of the dealer network by 31.3%, resulting in 1,596 dealers and 130 locations, indicates robust growth. Notably, non-performing assets remain steady at 3.33%.
Manba Finance experienced a significant 39% year-on-year increase in its Q4 net profit, reaching ₹111M. This marks a substantial growth compared to the previous year's Q4 profit of ₹80M.
Manba Finance confirms that the funds raised from Non-Convertible Debentures (NCDs) were used in accordance with SEBI guidelines, ensuring regulatory compliance. The company has transparently disclosed how multiple NCDs were utilized following private placements.
Manba Finance made a Rs. 23.9 lakh interest payment on their INE939X07192 NCDs worth Rs. 25 crores, due on April 9, 2026. Each NCD has a face value of Rs. 10,000 and provides monthly interest payments.
SBI has granted Manba Finance a substantial Rs. 100 crore loan, which could potentially influence their future financial operations.