Muthoot Finance vs Manappuram Finance: share price, P/E, ROE and financials compared
Muthoot Finance
Manappuram Finance
Muthoot Finance and Manappuram Finance at a glance
Muthoot Finance and Manappuram Finance are both listed in Financial Services. Muthoot Finance is the larger by market cap, at ₹1.2L Cr against ₹30,566 Cr for Manappuram Finance (3.8 times as large). On valuation, Muthoot Finance has the lower P/E (9.4× against 20.0×), while Manappuram Finance has the lower price-to-book (1.90× against 2.62×). On returns and margins, Muthoot Finance has the higher ROE (31.6% against 7.0%). Over three years, Muthoot Finance has faster 3-year profit growth (+43.1% against −12.5% a year). Both are lenders or insurers, so ROCE, operating margin and debt-to-equity aren’t compared: those ratios don’t fit financial balance sheets.
Key metrics, side by side
| Metric | Muthoot FinanceMUTHOOTFIN | Manappuram FinanceMANAPPURAM |
|---|---|---|
| Price (₹) | 2,869.00 | 325.40 |
| Market cap (₹ Cr) | 1,15,181 | 30,566 |
| P/E | 9.4× (the lower figure, shaded) | 20.0× |
| P/B | 2.62× | 1.90× (the lower figure, shaded) |
| Dividend yield, trailing | 1.05% (the higher figure, shaded) | 0.77% |
| ROE | 31.6% (the higher figure, shaded) | 7.0% |
| ROCE | n/m | n/m |
| Operating margin (OPM) | n/m | n/m |
| Net margin (NPM) | 54.1% (the higher figure, shaded) | 30.5% |
| Sales CAGR 3Y | n/m | n/m |
| Profit CAGR 3Y | +43.1% (the higher figure, shaded) | −12.5% |
| Debt to equity | n/m | n/m |
| Interest cover | n/m | n/m |
| Net profit TTM (₹ Cr) | 11,373 | – |
| 1Y return | −11.0% | +22.3% (the higher figure, shaded) |
| Promoter holding | 73.35% | – |
Muthoot Finance vs Manappuram Finance: common questions
Which is bigger, Muthoot Finance or Manappuram Finance?
By market cap, Muthoot Finance is bigger at ₹1.2L Cr, against ₹30,566 Cr for Manappuram Finance (prices as of 6 Nov 2026).
Which has a lower P/E ratio, Muthoot Finance or Manappuram Finance?
Muthoot Finance trades at a P/E of 9.4× and Manappuram Finance at 20.0×. Muthoot Finance has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Muthoot Finance or Manappuram Finance?
Muthoot Finance reports a return on equity of 31.6% and Manappuram Finance 7.0%. Muthoot Finance has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Muthoot Finance or Manappuram Finance?
Over the last three years: profit grew +43.1% a year at Muthoot Finance and −12.5% at Manappuram Finance, so Muthoot Finance grew profit faster. Past growth doesn’t predict future growth.