Manba Finance Limited Approves Fresh Debt Raise of up to INR 200 Crores and Recommends Dividend
Manba Finance Limited announced significant corporate developments following its Board meeting held on May 18, 2026. The Board approved the recommendation of a final dividend and authorized the issuance of up to INR 200 Crores in fresh debt instruments through a private placement.The company also released its audited financial results for the quarter and the financial year ended March 31, 2026, accompanied by an unmodified audit opinion from its Statutory Auditors.
Dividend and Financial Results
During the Board meeting, the directors recommended a final dividend of 0.25 per share (representing 2.5%) on the equity shares of face value Rs. 10 each for the Financial Year 2025-26. This dividend remains subject to approval by the members at the ensuing Annual General Meeting (AGM).The company's financial health was presented through audited statements. The Profit and Loss statement for the year ended March 31, 2026, recorded a Total income of 33,019.44, resulting in a Total comprehensive income of 4,588.53.
Financial results for the year and quarter ended March 31, 2026, show the following key metrics:
| Financial Metric | Quarter ended March 31, 2026 (Audited) | Year ended March 31, 2026 (Audited) |
|---|---|---|
| Total Income | 9,341.85 | 33,019.44 |
| Total Expenses | 7,647.97 | 26,869.49 |
| Profit before Tax | 1,693.88 | 6,149.95 |
| Profit after Tax | 1,112.63 | 4,535.64 |
| Total comprehensive income | 5,115.83 | 4,588.53 |
| Basic Earnings per share (Rs.) | 221 | 9.03 |
Fresh Debt Issuance
The Board of Directors authorized the issuance of Secured Non-Convertible Debentures, Perpetual Debt Instruments, Unsecured Subordinated Non-Convertible Debentures, bonds, or other Debt Securities up to INR 200 Crores (Indian Rupees Two Hundred Crores Only). This debt will be raised on a private placement basis in one or more tranches.The company confirmed that all secured non-convertible debentures outstanding as of March 31, 2026, are fully secured by a first pari passu charge over the freehold immovable properties, current assets, cash flows, and receivables of the company.
Asset Cover and Financial Standing
Regarding financial covenants and security, the company submitted a certificate confirming that it maintains a security cover of more than 110% of the outstanding amount of Listed Secured Redeemable Non-Convertible Debentures.In the Balance Sheet as at March 31, 2026, the total assets amounted to 1,97,923.88 (in lakhs), against total liabilities and equity of 1,97,923.88.
The management also provided a detailed statement confirming that the utilization of issue proceeds from non-convertible securities is in accordance with the stated objects, with no deviation or variation recorded for the quarter and nine months ended March 31, 2026.
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Note: All figures for this report are based on the audited financial statements and Board resolutions as provided.
MANBA Stock Price Movement
Manba Finance Limited shares today shed 6.12% in after-hours trading, settling at ₹105.30. The stock saw a wide range today, trading between a low of ₹102.21 and a high of ₹112.95, with 101,719 shares recorded in volume.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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