Is Manba Finance a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Manba Finance Ltd is a average quality company .

Is Manba Finance undervalued or overvalued?

The key valuation ratios of Manba Finance Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Manba Finance share price return in the past 10 years?

Data is not available for this company

Is Manba Finance a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Manba Finance Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

Manba Finance Ltd - Stock Valuation and Financial Performance

Name: Manba Finance
Brand: Manba Finance

BSE: 544262 | NSE: MANBA | Finance - NBFC | Small Cap

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Manba Finance Share Price

₹145.30 -4.90 -3.26%
as on 21-Nov'24 16:59

10 Year X-Ray of Manba Finance:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Operating Income (₹ Cr.)	29.5	39.5	47	58.7	87.5	118	106	107	133	192	192
YoY Gr. Rt. %	-	34.2%	18.8%	25.1%	49%	34.7%	-10.3%	0.9%	25.1%	43.7%	-
Adj EPS (₹ )	2	0	3.1	2.9	4.3	4.1	2.5	2.6	4.4	8.3	6.3
YoY Gr. Rt. %	-	-100%	NA	-7%	47.4%	-4.7%	-39.1%	4%	69.9%	89.6%	-
BVPS (₹ )	15.6	0	21.4	26	30.8	30.6	37.7	40.3	44.7	53.3	70.4
YoY Gr. Rt. %	-	-100%	NA	21.7%	18.4%	-0.6%	23.2%	6.9%	11%	19.1%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	3	3.2	3.1	2.9	3.4	3.5	1.7	1.8	2.5	3.6	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	23.1%	17%	21.9%	43.7%
Adj EPS	17.3%	14.2%	49.6%	89.6%
BVPS	14.6%	11.6%	12.2%	19.1%
Share Price	-	-	-	-

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Asset Quality Ratio	To view Asset Quality Ratio Colour Rating Guide click here ⓘ
Net NPA to Net Advances (%)	0	0	0	0	0	0	0	0	0	0	-
Capitalization Ratio	To view Capitalization Ratio Colour Rating Guide click here ⓘ
Capital Adequacy Ratio (%)	0	0	0	0	0	0	0	0	0	0	-
Margins
Net Profit Margin (%)	13.6	13.3	13.5	14	16.4	15.4	8.9	9.1	12.4	16.4	16.4
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	13.4	15.4	15.8	14.1	16.3	15.2	6.7	6.6	10.4	17	8.9

Recent Performance Summary

Total Income has increased 21.94 CAGR in last 3 years

Net Profit has increased 49.62 CAGR in last 3 years

Total income growth is good in last 4 quarters

Return on Equity has declined versus last 3 years average to 10.10%

Latest Financials - Manba Finance Ltd.

	Standalone	Consolidated
TTM EPS (₹)	6.3	2.9
TTM Sales (₹ Cr.)	192	87.5
BVPS (₹.) ⓘ	70.4	0
Reserves (₹ Cr.) ⓘ	303	93
P/BV ⓘ	2.13	0.00
PE ⓘ	24.02	52.64

From the Market
52 Week Low / High (₹)	125.40 / 171.65
All Time Low / High (₹)	125.40 / 171.65
Market Cap (₹ Cr.)	755
Equity (₹ Cr.)	50.2
Face Value (₹)	10
Industry PE ⓘ	27.8

Management X-Ray of Manba Finance:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Manba Finance

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Manba Finance

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	29	40	47	59	90	119	106	107	133	192
Interest Income	29	40	47	59	87	118	106	107	133	192
Other Income ⓘ	0	0	0	0	3	1	0	0	0	0
Expenditure ⓘ	24	32	37	47	69	95	93	94	111	153
Interest Expense ⓘ	11	13	17	21	35	50	51	47	57	82
Operating Expenses ⓘ	12	16	17	23	31	38	34	37	45	59
Provisions	1	3	3	3	4	6	8	11	9	12
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	6	8	10	12	21	24	13	13	23	39
Taxes ⓘ	2	3	3	4	7	6	3	3	6	7
Profit After Tax	4	5	6	8	14	18	9	10	17	31
Adjusted EPS (₹)	2.0	0.0	3.1	2.9	4.3	4.1	2.5	2.6	4.4	8.3
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	38	43	50	80	104	136	142	152	168	201
Share Capital ⓘ	6	6	6	8	9	13	13	13	13	38
Reserves ⓘ	32	38	44	72	94	123	129	139	156	163
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	97	127	157	230	373	395	404	393	606	762
Current Liabilities	8	14	19	24	30	10	8	15	12	10
Trade Payables	1	4	5	9	10	4	2	12	7	7
Short term borrowings	0	0	0	0	0	0	0	0	0	0
Other Liabilities	-1	-4	-5	-9	-10	-4	-2	-12	-7	-7
Total Liabilities ⓘ	143	184	225	334	506	541	554	559	786	973
Assets
Non Current Asset	11	11	12	23	15	14	16	13	40	46
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	11	11	12	23	15	14	16	13	40	46
Current Asset	133	174	213	311	491	527	538	547	746	927
Current Investment	0	0	0	0	0	0	0	0	0	0
Other Current Asset	133	174	213	311	491	527	538	547	746	927
Total Assets ⓘ	143	184	225	334	506	541	554	559	786	973

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	9	-7	-65	-114	7	-7	47	-124	-141
Cash Flow From Investing Activity ⓘ	-1	-2	-11	3	-1	-1	-1	-19	1
Cash Flow From Financing Activity ⓘ	-8	13	74	123	-13	11	-10	202	156
Net Cash Flow ⓘ	0	4	-2	11	-7	3	36	59	16

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	7	0	11	10	15	14	7	8	13	8
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	55	0	76	92	109	108	113	121	134	53
Performance Ratios
ROA (%)	3.0	3.2	3.1	2.9	3.4	3.5	1.7	1.8	2.5	3.6
ROE (%)	13.4	15.4	15.8	14.1	16.3	15.2	6.7	6.6	10.4	17.0
ROCE (%)	13.9	14.5	14.6	13.2	14.3	14.8	11.9	10.8	12.1	14.1
Valuation Parameters
Price/Book(x)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0

Manba Finance Ltd Stock News

Manba Finance Ltd FAQs

What is the share price of Manba Finance?

Company share prices are keep on changing according to the market conditions. The closing price of Manba Finance on 21-Nov-2024 16:59 is ₹145.3.

What is the market cap of Manba Finance?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Nov-2024 16:59 the market cap of Manba Finance stood at ₹754.6.

What is the P/E ratio of Manba Finance?

The latest P/E ratio of Manba Finance as of 21-Nov-2024 16:59 is 24.02.

What is the P/B ratio of Manba Finance?

The latest P/B ratio of Manba Finance as of 21-Nov-2024 16:59 is 2.13.

What is the 52-week high and low of Manba Finance?

The 52-week high of Manba Finance is ₹171.7 and the 52-week low is ₹125.4.

What is the TTM revenue of Manba Finance?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Manba Finance is ₹191.6 ( Cr.) .

About Manba Finance Ltd

Manba Finance Limited was originally incorporated as ‘Manba Finance Private Limited’, a private limited company under the Companies Act, 1956 at Mumbai, Maharashtra, pursuant to a certificate of incorporation dated May 31, 1996, issued by the Registrar of Companies, Maharashtra at Mumbai (RoC).Thereafter, the company was converted into a public limited company pursuant to a special resolution passed by its Shareholders as on January 31, 2005 and consequently, the name of the company was changed to ‘Manba Finance Limited’. A fresh certificate of change of name, consequent upon conversion to a public limited company was issued by RoC on April 11, 2005. The RBI granted a certificate of registration dated April 7, 1998 to the company for registration as a NBFC under Section 45-IA of the Reserve Bank of India Act, 1934 (RBI Act). Subsequently, the RBI granted a revised certificate of registration dated January 27, 2022, to carry on business of non-banking financial institutions without accepting public deposits.

Manba Finance is a Non-Banking Financial Company-Base Layer (NBFC-BL) providing financial solutions for New two wheelers (2Ws,) three wheelers (3Ws), electric two wheelers (EV2Ws), electric three wheelers (EV3Ws), Used Cars, Small Business Loans and Personal Loans. It provides financial solutions to its target customers who are looking for a quick turnaround time (TAT) for loan sanction and disbursement. The company has a centralised credit team which remotely reviews loan applications and undertakes credit decisions primarily based on the credit data of the customer. It has implemented a comprehensive and robust credit assessment, risk management and collections framework to identify, monitor and manage risks inherent in its line of business. It bases its credit decisions on certain key factors like its internal credit policies, LTV and the customer’s existing cash-flows, CIBIL score and the collateral, which in case of vehicle finance is the vehicle itself, to assess the ability and capability of the customer to repay the loan to be disbursed by the company. It also has an in-house collection team which focuses on recovery of the monthly instalments from its customers. Its collection management process ensures account-level tracking of payments, resolution of queries, and initiation of legal actions, where required.

Business area of the company

The company is a registered as a non-banking finance company engaged in the business of providing finance. The company primarily deals in the financing of new 2Ws, 3Ws, EV2Ws, EV3Ws and personal loans.

History and milestones

1998: Received certificate of registration from RBI for registration of the company as a NBFC.
2009: Scaled up its operations in vehicle financing.
2013: AUM of the company crossed Rs 5,000 lakh.
2014: AUM of the Company crossed Rs 10,000 lakh.
2018: Expansion of its operations to Pune.
2018: AUM of the company crossed Rs 25,000 lakh.
2018: Expansion of its operations to Nashik and Satara in the state of Maharashtra and to Ahmedabad in the state of Gujarat.
2020: AUM of the company crossed Rs 50,000 lakh.
2021: Listing of first tranche of non-convertible debentures on the BSE.
2021: Opened branch in Jaipur in the state of Rajasthan.
2022: Expansion of its operations to Nagpur, Vidarbha region in the state of Maharashtra and to Raipur in the state of Chhattisgarh.
2023: Employee strength of the company crossed 1,000 employees.
2023: Entered into a co-lending arrangement with Muthoot Capital Services Limited.
2023: AUM of the Company crossed Rs 80,000 lakh as on December 31, 2023.
2023: Expanded the network to more than 850 dealers, including more than 60 EV dealers.
2023: 30,000 customers on boarded during the months of September, October and November with Rs 25,000 lakh disbursement amount.
2023: Expanded operations to the state of Madhya Pradesh by opening a branch in Indore.
2023: Launched new products such as Small Business Loans, Used Car Loans and Personal Loans.
2024: AUM of the Company crosses Rs 90,000 lakh.
2024: Expanded operations to the state of Uttar Pradesh by opening a branch in Lucknow.