BSE: 511758
MANSI FINANCE (CHENNAI) LTD.
Operates as a non-banking financial company (NBFC) registered in Chennai and listed on BSE, earning revenue from its lending activity. For FY26, total revenue stood at Rs. 1,053.73 lakhs, down from Rs. 1,313.89 lakhs in FY25, a decline of roughly 20% year-on-year. Despite the lower revenue, profit after tax rose to Rs. 326.91 lakhs from Rs. 297.88 lakhs, helped by a sharp drop in impairment charges on loans (Q3 FY26 impairment was Rs. 20 lakhs versus Rs. 235.11 lakhs in Q3 FY25). The company funds its loan book through borrowings, which stood at Rs. 1,913.58 lakhs as of March 31, 2026, down from Rs. 2,150.01 lakhs a year earlier. It also has significant related-party funding, with unsecured loans from directors and related entities disclosed in filings. Q3 FY26 revenue of Rs. 218.03 lakhs was down about 51% from Rs. 449.81 lakhs in Q3 FY25, while Q4 FY26 slipped into a loss of Rs. 50.30 lakhs due to higher impairment of Rs. 71.10 lakhs. Operating cost shape shows no material input cost, with employee cost at 6.1% of revenue and other operating expenses at 12.2%. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Interest and other income from lending operations. Small, NBFC-registered lender with a concentrated loan book and limited operating scale
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 5 | 7 | 8 | 13 | 10 |
| EBITDA (ex other income) | 4 | 5 | 6 | 6 | 6 |
| margin % | 69.2 | 78.2 | 72.8 | 43.6 | 59.9 |
| Owners' profit | 1 | 2 | 2 | 3 | 3 |
| EPS, as reported (₹) | 1.84 | 5.65 | 5.85 | 8.43 | 9.25 |
| ROE % · ROCE % | 2.1 · — | 6.1 · — | 6.0 · — | 7.9 · — | 8.0 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 4 | (3) | 1 | 11 | 3 |
| Capex | (0) | (0) | (0) | (0) | (1) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 | 2 | 4 | 5 | 3 | 3 | 2 | 2 |
| Profit before tax | 1 | 1 | 1 | 1 | 2 | 2 | 1 | (0) |
| Net profit | 1 | 1 | 1 | 0 | 1 | 2 | 1 | (1) |
| EPS (₹) | 1.65 | 2.34 | 3.09 | 1.34 | 3.46 | 4.83 | 2.38 | (1.42) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.1 | 18.1 | 28 of 200 | 86% |
| P/B | 0.5 | 1.1 | 51 of 253 | 80% |
| ROE | 8.0 | 3.1 | 75 of 257 | 71% |
| EBITDA margin | 29.6 | 48.6 | 149 of 249 | 40% |
| Revenue growth | (64.2) | 12.6 | 203 of 231 | 12% |
| Profit growth | (205.9) | 7.8 | 213 of 251 | 15% |
| Market cap | 20 | 34 | 166 of 268 | 38% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 1 Oct 2026 · Independent Director resigns citing health reasons | management changes | medium | — | — |
| 1 Oct 2026 · 32nd AGM: All 3 resolutions passed with 100% votes in favour | compliance | minimal | — | — |
| 30 Sept 2026 · Independent Director Eswari Rajendhiran Angali resigns citing health reasons | management changes | medium | — | — |
| 30 Sept 2026 · 32nd AGM held via video conferencing on 30 Sep 2026 | board shareholder meetings | low | — | — |
| 27 Sept 2026 · Trading window closed from Oct 1, 2026 for Q2 FY26 results | compliance | minimal | — | — |
| 27 Sept 2026 · Board Meeting on Sep 30 to Consider Independent Director Resignation | management changes | medium | — | — |
| 5 Sept 2026 · 32nd AGM scheduled for September 30, 2026 via video conferencing | board shareholder meetings | low | — | — |
| 5 Sept 2026 · 32nd AGM on Sept 30, 2026 via video conferencing; book closure from Sept 24 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Mansi Finance files FY26 Annual Report; AGM set for Sep 30 | results | medium | — | — |
| 18 Aug 2026 · Newspaper publication of Q1 FY27 unaudited financial results filed with BSE | compliance | minimal | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.