MANBA
Manba Finance Limited
NBFC financing two-wheelers, three-wheelers, used cars and MSME loans
Financial Services›Financial Services›Finance›Non Banking Financial Company (NBFC)
manbafinance.com(opens the company website in a new tab)Key metrics
Price as of 2026-10-16
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Manba Finance is a non-banking financial company (NBFC) that lends mainly against two-wheelers, and also finances three-wheelers, electric vehicles and used cars, with newer loans to small businesses, personal loans and top-up loans (July 2026 call).
Company snapshot
37thBy market cap
Ranked among 58 companies in Non Banking Financial Company (NBFC).
What we see
- ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
Statement tables · Standalone
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Standalone only
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 22 Cr | 33 Cr | 36 Cr | 37 Cr | 31 Cr | 38 Cr | 42 Cr | 50 Cr | 42 Cr |
| Other income | 0.01 Cr | 0.02 Cr | 0 Cr | 0 Cr | 2 Cr | -0.06 Cr | 0.01 Cr | 0.04 Cr | 0.0019 Cr |
| Net operating income | 22 Cr | 33 Cr | 36 Cr | 37 Cr | 33 Cr | 37 Cr | 42 Cr | 50 Cr | 42 Cr |
| Employee cost | 11 Cr | 12 Cr | 14 Cr | 13 Cr | 13 Cr | 14 Cr | 16 Cr | 16 Cr | 17 Cr |
| Other expenses | 4 Cr | 5 Cr | 5 Cr | 6 Cr | 6 Cr | 7 Cr | 7 Cr | 8 Cr | 7 Cr |
| Provisions & contingencies | — | — | — | — | — | — | — | — | — |
| Depreciation | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr | 1 Cr |
| Profit before tax | 7 Cr | 16 Cr | 16 Cr | 11 Cr | 12 Cr | 15 Cr | 17 Cr | 17 Cr | 16 Cr |
| Tax % | 20.8% | 26.9% | 21.3% | 28.3% | 20.0% | 25.2% | 23.7% | 34.3% | 17.6% |
| Net profit | 5 Cr | 12 Cr | 13 Cr | 8 Cr | 10 Cr | 11 Cr | 13 Cr | 11 Cr | 13 Cr |
| EPS (₹) | ₹1.37 | ₹2.32 | ₹2.58 | ₹1.60 | ₹1.94 | ₹2.27 | ₹2.60 | ₹2.21 | ₹2.64 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|
| Net Interest Income | — | — | — | 129 Cr | 162 Cr | Sign in free for the trailing twelve months |
| Other income | 0.03 Cr | 0.0007 Cr | 0.05 Cr | 0.04 Cr | 2 Cr | Sign in free for the trailing twelve months |
| Net operating income | 0.03 Cr | 0.0007 Cr | 0.05 Cr | 129 Cr | 164 Cr | Sign in free for the trailing twelve months |
| Employee cost | 23 Cr | 28 Cr | 38 Cr | 50 Cr | 60 Cr | Sign in free for the trailing twelve months |
| Other expenses | 11 Cr | 13 Cr | 17 Cr | 21 Cr | 28 Cr | Sign in free for the trailing twelve months |
| Provisions & contingencies | — | — | — | — | — | Sign in free for the trailing twelve months |
| Depreciation | 4 Cr | 4 Cr | 4 Cr | 5 Cr | 5 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 13 Cr | 23 Cr | 39 Cr | 50 Cr | 61 Cr | Sign in free for the trailing twelve months |
| Tax % | 23.1% | 27.2% | 19.2% | 24.5% | 26.2% | Sign in free for the trailing twelve months |
| Net profit | 10 Cr | 17 Cr | 31 Cr | 38 Cr | 45 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹2.59 | ₹4.40 | ₹8.34 | ₹7.52 | ₹9.03 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | 6.6% | 11.1% | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity capital | 13 Cr | 13 Cr | 38 Cr | 50 Cr | 50 Cr |
| Reserves | 139 Cr | 156 Cr | 163 Cr | 319 Cr | 360 Cr |
| Borrowings | 394 Cr | 596 Cr | 752 Cr | 1,075 Cr | 1,549 Cr |
| Other liabilities | 15 Cr | 23 Cr | 21 Cr | 22 Cr | 21 Cr |
| Total liabilities | 561 Cr | 787 Cr | 974 Cr | 1,466 Cr | 1,979 Cr |
| Fixed assets (net) | 11 Cr | 10 Cr | 9 Cr | 10 Cr | 8 Cr |
| CWIP | — | — | — | — | 0 Cr |
| Investments | 0.08 Cr | 18 Cr | 27 Cr | 38 Cr | 94 Cr |
| Loans & advances | — | — | — | 1,146 Cr | 1,560 Cr |
| Cash & bank | 32 Cr | 62 Cr | 37 Cr | 128 Cr | 178 Cr |
| Other assets | 518 Cr | 697 Cr | 900 Cr | 144 Cr | 139 Cr |
| Total assets | 561 Cr | 787 Cr | 974 Cr | 1,466 Cr | 1,979 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Cash from operating activity | 47 Cr | -124 Cr | -141 Cr | -324 Cr | -378 Cr |
| Cash from investing | -0.71 Cr | -19 Cr | 1 Cr | -15 Cr | -60 Cr |
| Cash from financing | -10 Cr | 202 Cr | 156 Cr | 453 Cr | 465 Cr |
| Net cash flow | 36 Cr | 59 Cr | 16 Cr | 115 Cr | 27 Cr |
| Free cash flow (OCF − Capex) | 47 Cr | -125 Cr | -143 Cr | -326 Cr | -379 Cr |
Ratios
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| ROE % | 6.4% | 9.8% | 15.7% | 10.2% | 11.1% |
| Debt / equity | 2.60 | 3.54 | 3.75 | 2.91 | 3.78 |