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:
Revenue projections for MANAPPURAM MANAPPURAM's revenue is forecasted to dip below last year's figures, raising concerns for investors who are typically wary of declining financial performance. Such drops can directly affect the company's bottom line, potentially leading to a decrease in overall profitability, making investors more cautious in their decisions.
Financial Ratios:
currentRatio
2.380000
forwardPE
8.760549
debtToEquity
289.801000
earningsGrowth
0.000000
revenueGrowth
-0.587000
grossMargins
0.974520
operatingMargins
-0.260340
trailingEps
14.370000
forwardEps
0.000000
MANAPPURAM's current ratio 2.38, suggesting the company has sufficient liquidity to service its short-term debt. With its cash reserves and current assets in good shape, MANAPPURAM can comfortably meet its immediate liabilities, reflecting a healthy financial standing. MANAPPURAM's high debt-to-equity ratio indicates a strong reliance on debt, meaning the company is heavily leveraged. This could increase financial risks if cash flow or earnings decline, making it more difficult for MANAPPURAM to manage its debt obligations. Manappuram Finance Limited's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
Price projections:
Price projections for MANAPPURAM Over time, price projections for MANAPPURAM have been gradually revised upward, reflecting increasing optimism about the company's future performance. This trend suggests analysts are growing more confident in MANAPPURAM's ability to deliver strong results and achieve higher market value.
Insider Transactions:
Insider Transactions for MANAPPURAM
5 Manappuram Finance Limited sales were executed, with market price at 217.5239990234375.2 separate transactions to buy MANAPPURAM were completed, while market price hovered around 202.52000427246094.The insider transaction records do not exhibit a strong trend, leaving the company’s future direction unclear based on this data alone.
Recommendation changes over time:
Recommendations trend for MANAPPURAM
Analysts are favoring MANAPPURAM with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider MANAPPURAM as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.
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