Manba Finance posted a strong FY26 performance with a 20.1% rise in profit after tax to Rs 45.4 crore. Assets under management grew 28.6% to Rs 1,712.7 crore, supported by a robust network of 130 branches. The company declared a total dividend of Rs 1 per share for the fiscal year, reflecting consistent growth in its retail lending portfolio.
Manba Finance FY26 Results: Profit at Rs 45.4 Crore
Profit After Tax rose 20.1% to Rs 45.4 crore; AUM expanded 28.6% to Rs 1,712.7 crore.
Reader Takeaway: Strong asset growth and digital expansion drive profits, though investors should monitor Gross NPA at 3.33%.
What just happened
Manba Finance Limited released its financial results for the fiscal year ending March 31, 2026. The company reported a Profit After Tax (PAT) of Rs 45.4 crore, up from Rs 37.8 crore in the previous year. Net Interest Income also saw a healthy increase of 24.3%, reaching Rs 161.6 crore. The Board of Directors recommended a final dividend of Rs 0.25 per share, bringing the total FY26 dividend payout to Rs 1 per share.
Why this matters
The growth in Assets Under Management (AUM) to Rs 1,712.7 crore underscores the company's aggressive expansion in retail lending. By focusing on two-wheeler, three-wheeler, and small business loans, Manba Finance is scaling its operations across six states. The company’s focus on digital initiatives, such as Straight Through Processing (STP) for two-wheeler loans, is aimed at improving operational efficiency and reducing manual documentation bottlenecks.
Operational Highlights
Manba Finance successfully grew its network to 130 branches and now serves over 2.29 lakh active customers. The company also strengthened its liability side by raising Rs 1,265 crore through term loans and non-convertible debentures. Furthermore, a strategic partnership with TVS Motor Company as a preferred financier for three-wheelers highlights the company's move to secure high-volume retail lending partnerships.
Risks to watch
While the company remains well-capitalized with a CRAR of 24.46%, investors should keep a close eye on asset quality. Gross NPA stands at 3.33%, which requires consistent monitoring as the company expands its loan book. Additionally, the company noted a minor technical procedural error regarding the filing of e-Form ADT-1, though management confirmed this did not impact auditor validity.
What to track next
The upcoming Annual General Meeting scheduled for September 26, 2026, will be the next key event for shareholders, particularly regarding the approval of the dividend payout and the reappointment of directors.