Manba Finance

NSE: MANBA · Non Banking Financial Company (NBFC)

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Snapshot

Unlock Manba Finance's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Manba Finance Limited is a Mumbai-based non-banking financial company that provides diverse lending solutions across India. Its core offerings include financing for new and pre-owned two-wheelers, three-wheelers, electric vehicles, as well as personal and small business loans.

Business Model

The company generates revenue primarily through interest income and processing fees derived from its retail lending portfolio. It focuses on the vehicle finance segment, catering to both internal combustion engine and electric vehicle markets.

  • Incorporation Year:1996

Growth Outlook

Growth is expected to be driven by the increasing demand for two-wheeler and three-wheeler financing, particularly within the expanding electric vehicle sector. The company continues to leverage its established presence to capture market share in the retail and small business loan segments.

Key Risks

  • Credit Risk. The company faces potential losses if borrowers default on their two-wheeler or personal loan obligations.
  • Interest Rate Risk. Fluctuations in market interest rates can impact the company's net interest margins and cost of funds.
  • Regulatory Risk. As an NBFC, the company is subject to stringent and evolving regulatory oversight by the Reserve Bank of India.
  • Asset Quality Risk. Economic downturns or shifts in consumer spending could lead to higher non-performing assets within the vehicle loan portfolio.

Price

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Key Metrics

REVENUE

₹328 Cr

TTM · standalone

+30.9%YoY

NET PROFIT

₹45 Cr

TTM · standalone

+20.0%YoY

EPS

₹9.02

TTM · standalone

+62.5%YoY

RETURN ON EQUITY

12.0%

TTM · standalone

+1.8 ppYoY

P/E

15.1x

Q4 FY26 · standalone

15.1 vs 18.9x5Y avg

NET PROFIT MARGIN

11.9%

Q4 FY26 · standalone

+0.1 ppYoY

Peers · Non Banking Financial Company (NBFC)

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Manba FinanceMANBA
55715.1030.9%12.0%-4.4%
CSL FinanceCSLFINANCE
5345.6919.1%15.3%-33.7%
India FinsecIFINSEC
50217.28-73.9%25.4%+48.2%
Kiran VyaparKIRANVYPAR
463155.95-6.2%0.1%-21.8%
Dhunseri Invest.DHUNINV
45142.62-25.4%1.7%-35.6%
Laxmi India Fin.LAXMIINDIA
42410.5410.7%

As of Q4 FY26

Financials