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:
MANAPPURAM is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 94.116000 |
|---|---|
| forwardPE | 11.245742 |
| debtToEquity | 360.191000 |
| earningsGrowth | 0.000000 |
| revenueGrowth | 1.093000 |
| grossMargins | 0.981150 |
| operatingMargins | 0.450230 |
| trailingEps | 11.720000 |
| forwardEps | 29.366670 |
With a current ratio 94.116, MANAPPURAM demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
MANAPPURAM's Forward PE is in a strong range, indicating that its stock price compares well with its earnings. The stock is not considered overpriced, leaving ample room for growth and making it a promising option for investors looking for value and future returns.
MANAPPURAM's high debt-to-equity ratio shows the company is significantly leveraged, relying heavily on debt financing. This raises the potential for increased financial risk, especially if the company's earnings or cash flow are negatively impacted.
Positive gross and operating margins for Manappuram Finance Limited highlight the company's profitability. These metrics reflect Manappuram Finance Limited's efficiency in controlling costs while generating strong revenue from its core operations, signaling robust financial health.
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:
The stock price of MANAPPURAM has frequently been close to the lower end of analysts' projections. This trend indicates potential struggles for the company in achieving the growth anticipated by the market.
Insider Transactions:
3 Manappuram Finance Limited shares were sold in recent transactions, with market price at 248.95000203450522.There were 2 buy transactions of MANAPPURAM, with market price at 285.2749938964844.There is no noticeable trend in insider transactions, making it difficult to assess whether the company is headed in a positive or negative direction.
Recommendation changes over time:
The recent buy bias from analysts suggests MANAPPURAM is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, MANAPPURAM appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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