Manba Finance Posts Strong Q1 FY27 Results: Revenue Jumps 34%, Profit Climbs 36%; Interim Dividend Declared

Manba Finance Posts Strong Q1 FY27 Results: Revenue Jumps 34%, Profit Climbs 36%; Interim Dividend Declared​

Manba Finance Limited, a vehicle financing NBFC operating across western and central India, reported its unaudited financial results for the quarter ended June 30, 2026. The company demonstrated broad-based growth in income and profitability while strengthening asset quality. In line with this performance, the Board declared a first interim dividend for the financial year.

The results indicate robust operational expansion across various lending portfolios. Revenue from operations rose about 34.20% year-on-year to ₹92.6 crore, compared to ₹69.0 crore in Q1 FY26. Profit after tax grew significantly by approximately 36%, reaching ₹13.3 crore (up from ₹9.8 crore in the corresponding quarter of FY26).

Profit before tax increased about 32% year-on-year to ₹16.1 crore, and earnings per share improved substantially to ₹2.64 from ₹1.94.

Q1 FY27 Financial Highlights​

The company’s asset base and capital strength saw positive movements in the first quarter of FY27. Details of the key financial indicators are presented below:

Asset Quality and Capital Adequacy​

The company maintained a strong capital position, with Net worth increasing by approximately 12% to ₹423 crore from the previous ₹379 crore.

Asset quality metrics also showed improvement during the quarter:

• Gross Stage 3 (GNPA) improved to 3.41%, down from 3.47%.
• Net Stage 3 (NNPA) improved to 2.52%, down from 2.64%.

Furthermore, Manba Finance maintained a Capital Adequacy Ratio (CRAR) of 24.40%, which remains well above the regulatory minimum. The statutory auditors issued an unmodified opinion on the results for the quarter, and the company reported no transfer of non-performing assets during this period.

Dividend Declaration and Strategic Expansion​

The Board of Directors announced a first interim dividend of ₹0.25 per equity share (face value ₹10 each) for the financial year 2026-27. The dividend is scheduled to be paid on or before August 20, 2026, with the record date set as August 7, 2026.

Strategically, Manba Finance continued its efforts to diversify its product suite and expand geographically. Key developments include:

• South India Entry: The company is entering the South Indian market through a partnership with Sreesastha, focusing initially on Karnataka and Tamil Nadu, marking its first expansion beyond its existing six-state operational base (Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh).
• Product Diversification: Partnerships have been deepened with AMU Leasing and SHFIN to bolster electric vehicle and rural lending services. The company also introduced a new Battery Replacement Financing product dedicated to financing lithium-ion batteries for e-rickshaw and e-cart operators.
• Portfolio Mix: The overall portfolio continues to be diversified, covering two-wheelers, three-wheelers, used cars, electric vehicles, personal loans, and Micro-LAP (small business loans).

Management Commentary​

Commenting on the performance, Mr. Manish Shah, Managing Director of Manba Finance Limited, stated that the company began the year with strong momentum, driven by revenue and profit growth exceeding a third year-on-year, alongside improved asset quality. He noted that the capital position remains robust, enabling disciplined growth through product diversification and deepening the EV and rural presence. Mr. Shah added that the interim dividend reflects confidence in the business and the commitment to rewarding shareholders as the company scales, projecting AUM growth of 35% to 40% this year.

Manba Finance Limited is one of India's established vehicle financing NBFCs, offering a secured loan book that exceeds 90%. The company serves customers across urban, semi-urban and rural markets through over 130 locations and partnerships with more than 1,500 dealers.

MANBA Stock Price Movement​

Manba Finance Limited shares surged on Monday, gaining 7.95% to settle at ₹146.37 as the stock reached its 52-week high during trading sessions. The equity saw robust activity, with a total traded volume of 2.95 million shares recorded for the day.