Board declares first interim dividend of ₹0.25 per share for FY27
Mumbai, 28 July 2026:
Manba Finance Limited (NSE: MANBA | BSE: 544262), a vehicle-financing NBFC
operating across western and central India, today reported its unaudited
financial results for the quarter ended 30 June 2026. The Company delivered
broad-based growth across income and profitability while further strengthening
its asset quality, and its Board declared a first interim dividend for the
financial year.
Revenue from operations
rose about 34.20% year-on-year to ₹92.6 crore (Q1 FY26: ₹69.0 crore), while
profit after tax grew about 36% to ₹13.3 crore (Q1 FY26: ₹9.8 crore). Profit
before tax increased about 32% year-on-year to ₹16.1 crore, and earnings per
share improved to ₹2.64 from ₹1.94.
Q1 FY27 financial
highlights (vs Q1 FY26)
●
AUM: ₹1730.8 Crore, up ~ 22.28% YoY
●
Revenue from operations: ₹92.6 crore, up ~38%
YoY
●
Net interest income (interest income less
finance cost): ₹41.6 crore, up ~36% YoY
●
Profit before tax: ₹16.1 crore, up ~32% YoY
●
Profit after tax: ₹13.3 crore, up ~36% YoY
●
Earnings per share: ₹2.64, up from ₹1.94
●
Net worth: ₹423 crore, up ~12% from ₹379 crore
●
Gross Stage 3 (GNPA): improved to 3.41% from 3.47%; Net Stage 3 (NNPA)
improved to 2.52% from 2.64%
●
Capital adequacy (CRAR): healthy at 24.40%,
well above the regulatory minimum
The Board of Directors
has declared a first interim dividend of ₹0.25 per equity share (face value ₹10
each) for the financial year 2026-27. The record date for the dividend is 7
August 2026, and it will be paid on or before 20 August 2026.
The quarter saw Manba
continue to diversify its product suite and expand its geographic footprint:
●
Entry into South India: Manba is entering
South India through its partnership with Sreesastha, beginning with Karnataka
and Tamil Nadu — its first move beyond its core six-state base of Maharashtra,
Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh and Chhattisgarh.
●
EV and rural financing: Partnerships with AMU
Leasing and SHFIN are deepening the Company’s electric-vehicle and rural
lending reach.
●
New product — Battery Replacement Financing:
Manba launched a dedicated loan to finance new lithium-ion batteries for
electric three-wheelers, addressing the single largest recurring cost for
e-rickshaw and e-cart operators.
●
Diversified portfolio: The Company continues
to broaden its mix across two-wheelers, three-wheelers, used cars, electric
vehicles, small-business loans (Micro-LAP) and personal loans.
Commenting on the
results, Mr. Manish Shah, Managing Director, Manba Finance Limited, said: “We
have begun the year with strong momentum — growing revenue and profit by over a
third year-on-year while improving our asset quality. Our capital position
remains robust, and we are deploying it into disciplined growth: diversifying
our product suite, deepening our EV and rural presence, and taking our first
steps into South India. The interim dividend reflects both our confidence in
the business and our commitment to rewarding shareholders as we scale. This
year, we project our AUM to grow by 35–40%.”
The Company’s statutory
auditors issued an unmodified (clean) opinion on the results for the quarter.
Manba continued to maintain full asset cover on its listed secured
non-convertible debentures and reported no transfer of non-performing assets
during the quarter.