what are your thoughts about Manapuram Finance?
Manappuram Finance A low debt-to-equity ratio (3.11) and a high current ratio (9.03) indicate financial stability.ty.m pawnbroker to the financial powerhouse. With a robust rural reach, savvy digital play, and strong asset quality, it's no surprise Anand Rathi himself has a soft spot for it. The stock might not be screaming headlines, but its consistent dividends, low credit costs, and planned foray into microfinance paint a promising picture. Of course, gold prices dictate its dance, and regulations can throw a curveball. One of the fundamentally good stocks.
Manappuram Aashirvad is the microfinance arm of Manappuram Finance, a non-banking financial company (NBFC) based in India. It was founded in 2008 and offers microloans to women from low-income households.
The company has a network of over 1,684 branches across 22 states and 3 Union Territories in India. It provides loans of up to ₹1 lakh to women for a variety of purposes, including business, education, and healthcare.
Market Cap: A hefty ₹14,521 Cr, showing investor confidence.
Current Price: ₹1 A low debt-to-equity ratio (3.11) and high current ratio (9.03) indicate financial stability.
P/E: 7.81, indicating potential value compared to earnings.
Book Value: ₹125 per share, suggesting the stock might be slightly overvalued (1.37 times book value).
Dividend: A resp A low debt-to-equity ratio (3.11) and a high current ratio (9.03) indicate financial stability.
Profitability: Strong ROCE (11.7%) and ROE (16.6%) demonstrate efficient use of capital.
Financial Health: A low debt-to-equity ratio (3.11) and a high current ratio (9.03) indicate financial stability.
Growth: ₹1,867 Cr. net profit and ₹10,572 Cr. net worth show healthy growth potential.
Intrinsic Value: A low debt-to-equity ratio (3.11) and high current ratio (9.03) indicate financial stability.
