Manba Finance Reports Strong FY26 Performance, Approves Key Funding

Manba Finance has announced its audited financial results for the fiscal year ended March 31, 2026. The company reported revenues from operations of ₹328.19 crore, a significant increase from ₹250.93 crore in the previous fiscal year. Profit after tax for FY26 stood at ₹45.36 crore, marking an increase from ₹37.80 crore in FY25.

The company's board has recommended a final dividend of ₹0.25 per share for FY2025-26, subject to shareholder approval. Alongside shareholder returns, the board also approved raising up to ₹200 crore through the issuance of debt securities, such as Non-Convertible Debentures (NCDs), on a private placement basis. This funding is intended to support the NBFC's expansion plans and strengthen its capital base for future lending activities.

Manba Finance, a Gujarat-based Non-Banking Financial Company (NBFC) primarily serving Micro, Small, and Medium Enterprises (MSMEs) and retail customers, has shown a consistent growth trajectory. Profit after tax has steadily increased, rising from approximately ₹30 crore in FY23 to the current FY26 figure. Utilizing debt instruments like NCDs is a standard operational strategy for NBFCs looking to expand their asset book and lending capabilities.

In a competitive NBFC landscape, Manba Finance's performance is contextualized by peers such as MAS Financial Services Ltd, Cholamandalam Investment and Finance Company Ltd, and Sundaram Finance Ltd, which also report steady growth in loan books and profits. This indicates a generally positive environment for well-managed NBFCs focused on MSME and retail lending.

Looking ahead, investors will closely watch the outcome of the shareholder vote on the proposed dividend. Further details regarding the timeline, terms, and issuance of the ₹200 crore debt fundraising will also be key. Management commentary on the deployment of these funds and future growth strategies will be important indicators for the company's forward momentum.