Manappuram Finance Limited has announced its audited financial results for the quarter and year ended March 31, 2026. The Board of Directors has declared a fourth interim dividend of Rs. 0.50 (25%) per equity share of Rs. 2 face value. The company reported strong performance for the financial year, with significant growth in both its standalone and consolidated operations, reflecting robust lending activity across its primary business segments.
Financial Highlights
For the financial year ended March 31, 2026, Manappuram Finance reported a consolidated net profit of Rs. 1,003.30 crore. The standalone net profit for the same period stood at Rs. 1,524.65 crore. Total income on a consolidated basis reached Rs. 9,524.68 crore, demonstrating consistent growth throughout the fiscal year.
Interim Dividend Details
The Board of Directors has declared a fourth interim dividend of Rs. 0.50 per equity share. The Record Date for the payment of this dividend is set for Monday, May 11, 2026. This payment is in addition to three previous interim dividends totaling Rs. 1.50 per share, bringing the total dividend payout for the financial year to Rs. 2.00 per share.
Strategic Business Developments
During the fiscal year, the company saw significant capital infusion, including an allotment of 9,29,01,373 equity shares at Rs. 236 per share. Furthermore, the company expanded its stake in its subsidiary, Asirvad Microfinance Limited, to 98.97% following a successful rights issue. The company also undertook a technical write-off of Rs. 136.94 crore in its vehicle finance portfolio to strengthen its balance sheet and improve asset quality metrics.
Operational Outlook
Manappuram Finance continues to focus on its two primary reportable segments: Gold Loans and others and Microfinance. The company has maintained a strong liquidity position, reporting a Liquidity Coverage Ratio of 306.45% as of March 31, 2026. The management remains committed to maintaining a robust asset cover for its outstanding debt securities, ensuring long-term value for its shareholders.
Source: BSE
