Manba Finance Limited has informed the Exchange about Transcript
MANBA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Manba Finance, an NBFC focused on 2-wheeler financing, reported strong Q4 FY26 with net interest income of INR 50 crore (+34% YoY) and PAT of INR 11 crore (+39% YoY). Full year FY26 saw NII of INR 162 crore (+24% YoY), PAT of INR 45 crore (+20% YoY), and AUM of INR 1,713 crore (+29% YoY). Net interest margin stood at 13.63% with gross yield of 22.85%. The company has 2.20 lakh live customers across 130 locations in 6 states. Asset quality remains well-controlled with Gross NPA at 3.33% and Net NPA at 2.46%. Management signed an MOU with TVS Motor Company for 3-wheeler financing and targets 25-30% annual AUM growth, aiming to reduce 2-wheeler concentration from 84% to ~65% over 3 years. The company plans equity fundraising in Q3/Q4 FY27 and maintains a healthy debt-to-equity ratio below 4.
Strong operational momentum with improving profitability and asset quality. Diversification strategy (reducing 2-wheeler concentration, expanding into MSME LAP, used car) and geographic expansion (UP, MP, Karnataka) support sustained growth. Equity raise planned but may be delayed due to market valuations.