More about Manappuram Finance Limited
Fundamentals for Manappuram Finance Limited
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Fundamentals for Manappuram Finance Limited
Business Operations:
Sector: Financial ServicesIndustry: Credit Services
Manappuram Finance Limited, a gold loan non-banking financial company, provides retail credit products and financial services in India. It offers loans against the security of used household gold jewelry; gold loans and online gold loans; microfinance loans and other financial services to low-income populations in rural and semi-urban areas; loans for construction, extension, purchase, and improvement of homes; life and non-life insurance products; and IT solutions. The company also provides depository services; and fee-based services, which include money transfer, foreign exchange, and depository services. In addition, it offers vehicle and equipment finance, including commercial vehicle, construction equipment, two wheeler, car, and farm equipment finance. The company serves retail, microfinance, small and medium enterprises, and commercial customers. It operates branches in 28 states and 4 Union Territories. The company was formerly known as Manappuram General Finance and Leasing Limited and changed its name to Manappuram Finance Limited in 2011. Manappuram Finance Limited was founded in 1949 and is based in Thrissur, India.
Revenue projections:
Revenues for MANAPPURAM are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.
Financial Ratios:
| currentRatio | 70.58600 |
|---|---|
| forwardPE | 11.26433 |
| debtToEquity | 301.60900 |
| earningsGrowth | -0.61900 |
| revenueGrowth | -0.30900 |
| grossMargins | 0.96501 |
| operatingMargins | 0.29797 |
| trailingEps | 5.16000 |
| forwardEps | 26.16667 |
The current ratio for MANAPPURAM is 70.586, indicating that the company can service its short-term debt using available cash and assets. This suggests MANAPPURAM has strong liquidity, with more than enough resources to meet its immediate financial commitments.
MANAPPURAM's Forward PE ratio is favorable, meaning the stock price aligns well with earnings and isn't overvalued. This allows room for growth, making it an attractive investment for those seeking potential upside while ensuring the stock is not overpriced.
Manappuram Finance Limited's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen.
Manappuram Finance Limited's low earnings and revenue growth point to a potential decline in profits. This signals a downturn in financial performance, suggesting that the company might face challenges in maintaining its current level of profitability.
MANAPPURAM's positive gross and operating margins indicate strong financial performance. These margins show that the company is profitable and efficient in its operations, with effective cost control contributing to its overall financial success.
Manappuram Finance Limited's forward EPS exceeds its trailing EPS, indicating that the company is projected to be more profitable in the current financial year compared to the previous one. This suggests positive growth and improved earnings, signaling an optimistic outlook for Manappuram Finance Limited's financial performance.
Price projections:
Over time, price projections for Manappuram Finance Limited have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in Manappuram Finance Limited's ability to deliver strong results and achieve higher market value.
Insider Transactions:
2 transactions were made to sell MANAPPURAM shares, with market price of 232.8249969482422.No sell transactions were carried out during the period under review.Investors have shown more interest in buying than selling MANAPPURAM at current price levels, which may point to a positive market sentiment. This could indicate that investors are expecting favorable results from the stock in the near future.
Recommendation changes over time:
Manappuram Finance Limited has received mixed ratings from analysts, with no strong buy or sell recommendations. This ambiguity could prompt investors to approach cautiously, considering various market factors and alternative investment strategies before making a decision on the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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