Manappuram Finance Limited announced the declaration of an interim dividend of ₹1 per equity share for the financial year 2026-27. The company’s Board of Directors also reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. Additionally, various disclosures related to financial covenants and utilization of funds were submitted.
Board Approves Financial Results and Dividend
At its meeting held on November 12, 2026, the Board of Directors of Manappuram Finance Limited reviewed and approved the unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. This includes the financial performance for the period up to the second quarter of the financial year 2026-27.
Interim Dividend Declared
In a significant move for its shareholders, the Board declared an interim dividend of ₹1/- (Rupee One only) per equity share, representing 50% of the face value of Rs. 2/- each. The record date for the payment of this interim dividend is set for Wednesday, November 18, 2026. The dividend will be paid/dispatched to shareholders whose names appear as beneficial owners or members as of the close of business hours on that date.
Submissions to Stock Exchanges
Manappuram Finance Limited also submitted several key documents to the stock exchanges, including the aforementioned financial results along with their Limited Review Reports. Furthermore, the company provided statements related to the utilization of proceeds from preferential issues and Non-Convertible Debentures, including any deviations or variations. Certificates confirming the maintenance of requisite asset cover for secured listed Non-Convertible Debentures and compliance with financial covenants were also submitted, as per regulations.
Key Financial Highlights (Standalone)
The unaudited standalone financial results for the quarter ended September 30, 2026, show a Net Profit after tax of ₹664.75 Crores. The total comprehensive income for the same period stood at ₹798.98 Crores. For the half-year ended September 30, 2026, the Net Profit after tax was ₹1,216.52 Crores, with a total comprehensive income of ₹1,313.52 Crores.
Key Financial Highlights (Consolidated)
On a consolidated basis, the unaudited results for the quarter ended September 30, 2026, reported a Profit after tax of ₹701.25 Crores and a total comprehensive income of ₹830.58 Crores. For the half-year ended September 30, 2026, the consolidated Profit after tax was ₹1,286.02 Crores, and the total comprehensive income was ₹1,380.54 Crores.
Segmental Performance
The company’s segment-wise results for the quarter ended September 30, 2026, show that the ‘Gold loan and others’ segment reported a profit before tax of ₹894.59 Crores, while the ‘Micro Finance’ segment reported a profit before tax of ₹43.00 Crores. The total segment results stood at ₹937.59 Crores. Segment assets for ‘Gold loan and others’ were ₹77,277.90 Crores, and for ‘Micro Finance’, they were ₹6,629.25 Crores.
Debenture Compliance
In a separate certificate issued by Chokshi & Chokshi LLP, it was stated that the book value of assets charged against listed NCDs were not in agreement with the unaudited books and records, and the company had not complied with all financial covenants as mentioned in the Debenture Trust Deed. This indicates a potential compliance issue related to debentures.
Source: BSE
