Manappuram Finance Ltd. is an Indian NBFC (Non-Banking Financial Company) headquartered in Thrissur, Kerala. It was founded in 1949, by the late Shri V.C. Padmanabhan. The company is engaged in providing financial services to the under-served and unbanked sections of society, including gold loans, housing loans, microfinance, vehicle loans, and enterprise loans. It also specializes in providing services such as money transfers and foreign exchange. The company has more than 2,500 branches across India and also has a presence in the GCC countries.
Manappuram Stock History
Manappuram Finance has been listed on the National Stock Exchange of India since August 2009. The stock price has been volatile over the years but has been on an uptrend since April 2020. In April 2020, the stock price was around Rs. 67 and has since grown to Rs. 112.40 as of March 19, 2023. The company’s market capitalization is around Rs. 9.53T crore.
Manappuram Finance Ltd in recent news
- Manappuram Finance to consider fundraising by issuing debt.
- Manappuram Finance’s net was up 11% to Rs 409 crore in Sep 2022 Quarter.
- Latest: In Q3Fy22, Manappuram Finance’s consolidated net profit after tax increased by 51%, while its consolidated assets under management (AUM) grew by 5% to reach ₹31,883 crore.
How to buy Manappuram Finance Ltd in India?
You can buy shares of Manappuram Finance Ltd in India by opening a Demat and trading account with a broker. Once you have opened the account, you can deposit money into the trading account and then use this money to buy and sell shares of Manappuram Finance Ltd. You can also use the broker’s online trading platform to place buy and sell orders for the shares. Some of the online platforms to buy Manappuram Finance Ltd shares are Zerodha, Upstox, 5Paisa, etc.
Manappuram Finance Ltd Share Price Prediction 2023-2030
At the time of writing, the share price of Manappuram Finance Ltd was around Rs 111. It has a market cap of Rs 9,395 Crore with a ROCE of 11.9%. Given below is the year wise prediction for the company.
Manappuram Finance Ltd Share Price Target 2023 is 157.38 INR
| When | Maximum Price | Minimum Price |
| January 2023 | ₹115.00 | ₹97.00 |
| February 2023 | ₹123.30 | ₹100.23 |
| March 2023 | ₹117.98 | ₹97.67 |
| April 2023 | ₹108.77 | ₹94.44 |
| May 2023 | ₹90.64 | ₹82.03 |
| June 2023 | ₹96.77 | ₹74.44 |
| July 2023 | ₹116.13 | ₹89.33 |
| August 2023 | ₹127.74 | ₹98.26 |
| September 2023 | ₹134.13 | ₹103.17 |
| October 2023 | ₹127.74 | ₹98.26 |
| November 2023 | ₹140.51 | ₹108.09 |
| December 2023 | ₹157.38 | ₹121.06 |
Mannapuram Finance is expected to remain on a downtrend in the initial few months of the year but close 2023 strongly.
The company has a strong presence in the gold loan sector and is expected to benefit from the growth in the sector. Also, the company has planned to expand its presence in the microfinance and housing loan sectors
Therefore, it is expected that the share price of Manappuram Finance Ltd will increase in the coming years and will rise to ₹157.38 by the end of 2023.
Minimum Manappapuram Finance share price may drop to in 2023 is ₹74.44.
Manappuram Finance Ltd Share Price Target 2024 is 220.33 INR
| When | Maximum Price | Minimum Price |
| January 2024 | ₹165.66 | ₹127.43 |
| February 2024 | ₹186.13 | ₹155.11 |
| March 2024 | ₹195.93 | ₹159.29 |
| April 2024 | ₹178.12 | ₹137.01 |
| May 2024 | ₹148.43 | ₹114.18 |
| June 2024 | ₹178.12 | ₹137.01 |
| July 2024 | ₹151.40 | ₹117.36 |
| August 2024 | ₹166.54 | ₹132.17 |
| September 2024 | ₹174.87 | ₹134.51 |
| October 2024 | ₹205.73 | ₹158.25 |
| November 2024 | ₹216.01 | ₹166.16 |
| December 2024 | ₹220.33 | ₹169.49 |
With the rise of Gold price in 2024, the company is expected to benefit from the growth in the gold loan sector, as well as the microfinance and housing loan sectors. The company is also expected to benefit from the growth of the Indian economy. Therefore, it is expected that the share price of Manappuram Finance Ltd will increase to Rs. 220.33 by 2024. Compared to Manappapuram’s March 2023 share price, we may see a growth in almost 100% by 2024 end.
Manappuram Finance Ltd Share Price Target 2025 is 267.27 INR
| When | Maximum Price | Minimum Price |
| January 2025 | ₹224.74 | ₹172.88 |
| February 2025 | ₹236.57 | ₹181.97 |
| March 2025 | ₹248.40 | ₹191.07 |
| April 2025 | ₹221.78 | ₹170.60 |
| May 2025 | ₹201.62 | ₹155.09 |
| June 2025 | ₹221.78 | ₹170.60 |
| July 2025 | ₹211.22 | ₹162.48 |
| August 2025 | ₹220.02 | ₹169.25 |
| September 2025 | ₹231.02 | ₹177.71 |
| October 2025 | ₹244.88 | ₹188.37 |
| November 2025 | ₹262.03 | ₹201.56 |
| December 2025 | ₹267.27 | ₹205.59 |
By the end of 2025, the share price of Manappuram Finances Ltd is expected to reach Rs 267.27. Minimum price target is ₹155.09.
Manappuram Finance Ltd Share Price Target 2026-2030
| Year | Maximum Price | Minimum Price |
| 2026 | ₹187.09 | ₹130.96 |
| 2027 | ₹159.02 | ₹111.32 |
| 2028 | ₹286.24 | ₹200.37 |
| 2029 | ₹587.99 | ₹411.59 |
| 2030 | ₹654.80 | ₹458.36 |
The company will fall drastically after reaching a decent price of 267 INR in 2025. This drop will take this as low as Rs. 111 in 2027. After 2027, the stock price will again jump and reach Rs 587.99 in 2029 and finally end the decade with a price up to Rs 654.80.
Manappuram Finance Financial Condition: Last 5 years
| Narration | Mar-18 | Mar-19 | Mar-20 | Mar-21 | Mar-22 | |||
| Sales | 3,420.76 | 4,179.51 | 5,465.32 | 6,330.55 | 6,061.02 | |||
| Expenses | 1,343.58 | 1,365.26 | 1,547.48 | 1,668.69 | 2,133.45 | |||
| Operating Profit | 2,077.18 | 2,814.25 | 3,917.84 | 4,661.86 | 3,927.57 | |||
| Other Income | 58.43 | 62.52 | 85.87 | 44.08 | 65.30 | |||
| Depreciation | 68.26 | 75.23 | 164.18 | 170.95 | 197.98 | |||
| Interest | 1,030.45 | 1,344.94 | 1,832.23 | 2,218.95 | 2,011.37 | |||
| Profit before tax | 1,036.90 | 1,456.60 | 2,007.30 | 2,316.04 | 1,783.52 | |||
| Tax | 360.92 | 508.04 | 526.99 | 591.09 | 454.82 | |||
| Net profit | 677.19 | 940.46 | 1,467.76 | 1,724.26 | 1,328.44 | |||
| EPS | 8.04 | 11.16 | 17.37 | 20.37 | 15.70 | |||
| Price to earning | 13.57 | 11.23 | 5.45 | 7.32 | 7.23 | |||
| Price | 109.05 | 125.30 | 94.75 | 149.20 | 113.55 | |||
| RATIOS: | ||||||||
| Dividend Payout | 24.88% | 19.27% | 15.83% | 9.82% | 19.11% | |||
| OPM | 60.72% | 67.33% | 71.69% | 73.64% | 64.80% |
FAQs
Will Manappuram Finance stock price grow in 2023?
It‘s hard to tell exactly what the share price of Manappuram Finance Ltd will be in 2023. But the stock is anticipated to stay on an uptrend in the upcoming years. The company has a solid presence in the gold loan sector and is expected to gain from the rise in the sector. Also, the company has plotted to broaden its presence in the microfinance and housing loan sectors. Thus, it is expected that the share price of Manappuram Finance Ltd will go up in the upcoming years.
What is the Market Cap of Manappuram Finance?
The market capitalization of Manappuram Finance Ltd is Rs 9,530 crore as of March 19th, 2023. The company has a presence in multiple financial services sectors and is expected to benefit from the growth in these sectors. The company is also expected to benefit from the growth of the Indian economy.
What future is anticipated for Manappuram Finance in 2025?
The gold loan sector, microfinance sector and housing loan sectors are expected to be in favour of Manappuram Finance Ltd and will help the share price to grow by the end of 2025. Also, the growing Indian economy would be much beneficial. Hence, the share price will rise by 2025 although it is not possible
Can Manappuram Finance reach 1000 INR?
The stock is likely to keep going up in the upcoming years. The company has a solid presence in the gold loan sector and is predicted to take advantage of the growth in the sector. Also, the company has plotted to widen its presence in the microfinance and housing loan sectors. Therefore, it‘s possible that the share price of Manappuram Finance Ltd could reach Rs. 1000 in the future but not any time this decade.
What is the Mannapuram finance share price target 2030?
Maximum and minimum Mannapuram finance share price target is ₹654.80 and ₹458.36 respectively.
Can MANAPPURAM share price reach 1000INR?
For Mannapuram finance share price to reach 1000INR, the share price needs to grow by more than 890% from its current price. According to our price prediction, Manappuram share price may reach 1000INR by 2040.
Also read:
- Lux Industries Share Price Target
- Dr Lal Path Lab Share Price Target
- CBI Share Price Target for 2025
Conclusion
Manappuram Finance Ltd is an Indian NBFC that provides financial services to the under-served and unbanked sections of society. The company has been listed on the National Stock Exchange of India since 2009 and has paid regular dividends in the past.
The market capitalization of the company is Rs 9,535 crore as of March 2023. It is expected that the share price of Manappuram Finance Ltd will increase in the coming years due to the growth in the gold loan sector, as well as the microfinance and housing loan sectors.
It is possible that the share price of Manappuram Finance Ltd may reach Rs. 1000 in the future, around 2040.
Disclosure: I have personally added Manappuram Finance to my portfolio and is looking forward to hold it for a very long term.
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