Manappuram Finance Board Approves FY26 Results, Declares Rs 0.50 Dividend

AI Summary

[Manappuram Finance](https://scanx.trade/company/manappuram-finance-ltd) Limited's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, at its meeting held on May 4, 2026. The Board declared an interim dividend of Rs. 0.50 per equity share, representing 25% of the face value of Rs. 2 each, with the record date fixed as Monday, May 11, 2026. Joint statutory auditors Chokshi & Chokshi LLP and KKC & Associates LLP issued audit reports with unmodified opinions on the financial results. The company reported a net profit of Rs. 1,524.65 crores for FY26, with basic earnings per share at Rs. 17.99. Net worth stood at Rs. 15,937.51 crores, capital adequacy ratio at 21.30%, and liquidity coverage ratio at 346.45%. Outstanding qualified borrowings increased from Rs. 4,274.98 crores as of April 1, 2025, to Rs. 24,578.77 crores as of March 31, 2026, with incremental borrowings during FY 2025-26 amounting to Rs. 1,000 crores. The company maintained requisite asset cover on its Secured Listed Non-Convertible Debentures as at March 31, 2026.

powered by

Manappuram Finance Limited's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026, at its meeting held on May 4, 2026. The Board also declared an interim dividend of Rs. 0.50 per equity share, representing 25% of the face value of Rs. 2 each. The record date for dividend eligibility has been fixed as Monday, May 11, 2026.

The joint statutory auditors, Chokshi & Chokshi LLP and KKC & Associates LLP, both based in Mumbai, have issued audit reports with unmodified opinions on the standalone and consolidated financial results for the year ended March 31, 2026. The auditors confirmed that the financial results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards prescribed under Section 133 of the Companies Act, 2013.

The Board meeting commenced at 11:00 a.m. and concluded at 4:15 p.m. on May 4, 2026. The financial results have been reviewed and recommended by the Audit Committee and approved by the Board. The company has maintained requisite full asset cover by way of floating charge on loan receivables and other unencumbered assets on its Secured Listed Non-Convertible Debentures as at March 31, 2026.

Key Financial Metrics FY26 (Rs. in Crores) Net Profit (Standalone) 1,524.65 Basic Earnings Per Share 17.99 Net Worth 15,937.51 Capital Adequacy Ratio 21.30% Liquidity Coverage Ratio 346.45%

The company also provided details of outstanding qualified borrowings and incremental qualified borrowings for FY 2026. Outstanding qualified borrowings as of April 1, 2025 stood at Rs. 4,274.98 crores, which increased to Rs. 24,578.77 crores as of March 31, 2026. Incremental borrowings during FY 2025-26 amounted to Rs. 1,000 crores. The company has disclosed compliance with various SEBI regulations regarding utilisation of issue proceeds and security cover for non-convertible securities.

Manappuram finance has disclosed that the Securities and Exchange Board of India (SEBI) issued an Administrative Warning Letter to its Chairman and Managing Director, V.P. Nandakumar, for delayed disclosure of share pledge transactions. The warning, dated April 24, 2026, was issued to Mr. Nandakumar in his personal capacity regarding compliance violations from 2018.

Details of SEBI Warning

The regulatory action stems from delayed disclosure of encumbrance/pledge of shares in Manappuram Finance Limited for transactions that occurred between September 21, 2018, and September 24, 2018. The required disclosure was eventually made on October 11, 2018, resulting in a delay of 7 days beyond the prescribed timeline.

Parameter: Details Warning Recipient: Mr. V.P. Nandakumar (Chairman and Managing Director) Warning Date: April 24, 2026 Transaction Period: September 21-24, 2018 Disclosure Date: October 11, 2018 Delay Period: 7 days

Regulatory Violation

SEBI determined that the delayed disclosure violated Regulation 31(1) read with Regulation 31(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The warning letter specifically addresses the non-compliance with mandatory disclosure requirements for share encumbrance and pledge transactions by promoters and key management personnel.

Impact Assessment

The company has clarified that the Administrative Warning Letter will have no financial impact on Manappuram Finance Limited, as it was issued to Mr. V.P. Nandakumar in his personal capacity. The warning does not impose any penalty, restriction, or sanction on the company's operations or financial activities.

Impact Category: Status Financial Impact on Company: No impact Penalties Imposed: None Operational Restrictions: None Company Activities Affected: None

Compliance Disclosure

Manappuram Finance Limited made this disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary Aparna Menon signed the disclosure document, confirming that the information provided is true, correct, and complete to the best of her knowledge and belief, in compliance with Regulation 30(13) of SEBI Listing Regulations.

The disclosure demonstrates the company's commitment to transparency and regulatory compliance, ensuring that all material developments affecting key management personnel are promptly communicated to stakeholders and stock exchanges.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation.

We plan to change that - a technology-led and artificial intelligence enabled platform built for super traders and long term investors.

Disclaimer:

The data and information provided on this website is for general informational and research purposes only. While we strive to ensure that the content is accurate, up-to-date, and reliable, this platform utilizes artificial intelligence (AI) tools to generate, curate, and summarize information. As such, the content may occasionally contain errors, omissions, or outdated information. All users are therefore advised to cross verify the source of the data and information.

This website does not constitute professional, legal, financial, medical, or any other form of licensed advice. Users are encouraged to independently verify any information before relying on it, especially for decisions that may have legal, financial, or personal consequences.

The views, analyses, and summaries presented on this platform may be generated or assisted by AI and do not necessarily reflect the opinions of the website owners, operators, editors, or affiliates.

We make no warranties or representations, express or implied, regarding the completeness, accuracy, reliability, suitability, or availability of the information contained on this website. Any reliance you place on such information is strictly at your own risk.

This website may include links to third-party sources or content. We do not control or endorse the nature, accuracy, or availability of those external sites and are not responsible for any content or damages arising from their use.

By using this website, you acknowledge and agree that the use of AI-generated content involves inherent limitations, uncertainties and inaccuracies, and you accept full responsibility for how you interpret and use the information provided.

We reserve the right to modify, update, or remove content and this disclaimer at any time without prior notice.