Manba Finance share price, P/E, ROE & financials

Manba Finance (MANBA) had a P/E of 14.0× on 6 Nov 2026. Net profit grew 40% a year over 3 years; its ROE of 12% is the lowest among the 7 largest Credit Services peers. ROCE and debt-to-equity are not meaningful for banks and lenders; it trades at 1.65× book value and its dividend yield is 0.7%. It is a small-cap company with a market cap of ₹718 Cr, ranked 47th of 193 Credit Services companies by market cap; the shares rose 1.4% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year

Open: ₹144.14
Day high: ₹144.14
Day low: ₹141.82
Prev. close: ₹144.14
Volume: 21.3K

Health check

5 good · 1 to check

ReturnsAhead
+1.4% over a year, better than 5 of 7 peers.
Price tagCheaper
P/B 1.65 vs peer median 2.62.
GrowthStrong
Profit +39.8% a year over 3 years.
ProfitabilityWeak
ROE 12.4% vs peer median 18.7%.
Balance sheetSolid
Return on assets 2.61%. Bad-loan data isn’t covered.
Red flagsNone found
No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Credit Services

192 listed peers. Screen the industry

Small cap

₹718 Cr, #47 of 193 in its industry by size.

Defensive

Beta 0.24 vs the NIFTY 50: moves less than the market.

Key metrics

Last 12 months to Sep 2026: sales ₹167 Cr · profit ₹51 Cr

Market cap: ₹718 Cr; Small cap
P/E: 14.0; Industry 15.5
Price to book: 1.65; Peers 2.62
Dividend yield: 0.70%
ROE: 12.4%; Peers 18.7%
ROCE: n/m; Not meaningful for lenders
Debt to equity: n/m; Not meaningful for lenders
EPS (TTM): ₹10.18; Face value ₹10
OPM (TTM): 30.3%; Net margin 30.6%
Sales growth: n/m; Not meaningful for lenders
Profit growth: +20.5%; Latest quarter vs a year ago
Price to sales: 4.29

Strengths

Quarterly profit up 20.5% on a year ago.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Manba Finance

Manba Finance Limited, a non-banking finance company, provides financial solutions in India. The company offers new two and three-wheeler, electric two and three-wheeler, and pre-owned two-wheeler, used car, and car loans. It also provides personal and small business loans. Manba Finance Limited was incorporated in 1996 and is headquartered in Mumbai, India.

Headquarters: Mumbai
Employees: 1,802
Sector: Financial Services
ISIN: INE939X01013
Website: manbafinance.com

Price range

52 weeks

₹98.00₹156.00

Today

₹141.82₹144.14

Avg volume (3M): 1.4 L
1-year return: plus 1.4%
From 52-week high: minus 8.4%

Peers · Credit Services

Bank and NBFC columns

Compare with peers Screen the whole industry

Company
BAJFINANCEBajaj Finance	1,087.75	plus 1.66%	6,77,005	31.3	5.49	19.0%	3.8%	18.2%	0.50%	plus 1.2%
SHRIRAMFINShriram Finance	961.15	minus 0.30%	2,26,167	16.0	2.03	14.8%	3.9%	18.6%	1.80%	plus 21.0%
CHOLAFINCholamandalam Investment and Finance Company	1,785.00	plus 1.42%	1,53,103	24.5	4.41	20.6%	2.6%	25.2%	0.11%	plus 0.8%
TATACAPTata Capital	358.05	plus 2.93%	1,50,979	25.4	3.10	14.1%	2.2%	–	0.16%	plus 5.6%
MUTHOOTFINMuthoot Finance	2,869.00	plus 1.06%	1,15,181	9.4	2.62	31.6%	6.3%	43.1%	1.05%	minus 11.0%
PFCPower Finance Corporation	328.80	minus 0.18%	1,08,507	4.1	0.74	18.7%	2.7%	17.7%	4.99%	minus 16.9%
IRFCIndian Railway Finance Corporation	80.43	plus 0.37%	1,05,110	14.3	1.73	12.6%	1.4%	4.4%	2.74%	minus 34.4%
MANBAManba Finance	142.89	minus 0.87%	718	14.0	1.65	12.4%	2.6%	39.8%	0.70%	plus 1.4%
Median of 7 peers	–	1.06%	1,50,979	16.0	2.62	18.7%	2.7%	18.4%	1.05%	0.8%

Quarterly results

Consolidated, ₹ crore

SalesSelect a row below to chart it

Sep 25	Dec 25	Mar 26	Jun 26	Sep 26
71.9	84.3	92.4	85.1	92.6
50.2	59.7	65.7	59.9	61.7
21.7	24.6	26.7	25.2	30.9
30.2%	29.2%	28.9%	29.6%	33.4%
−0.1	0	0	0	0
1.2	1.2	1.2	1.2	1.2
−5.2	−6.3	−8.6	−7.9	−8
15.2	17.1	16.9	16.1	21.7
25.2%	23.7%	34.3%	17.6%	36.8%
11.4	13.1	11.1	13.3	13.7
2.27	2.60	2.21	2.64	2.73

Profit & loss

Yearly, ₹ crore

Profit CAGR 3Y: +39.8%
EPS CAGR 3Y: +39.9%
ROE: 12.4%

Net profitSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
125	168	238	313
–	+34.7%	+41.2%	+31.8%
96.5	125	182	246
28.4	43.4	55.8	67.1
22.8%	25.8%	23.4%	21.4%
6.4	−1.6	18.1	25.2
1.2	1.1	1.1	0.9
2	1.9	4.6	4.7
−8.8	−0.1	−18.1	−25.2
22.8	38.7	50.1	61.5
27.2%	19.3%	24.5%	26.2%
16.6	31.2	37.8	45.4
–	+88.0%	+21.2%	+20.0%
3.30	6.21	7.52	9.03

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore

Total assetsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
12.6	37.7	50.2	50.2
156	163	319	360
608	763	1,084	1,556
11.2	10.4	13.2	13.9
787	974	1,466	1,979
20.9	18.9	16.9	13.8
18.4	26.7	37.9	93.8
87.1	123	240	268
661	805	1,171	1,604
787	974	1,466	1,979

Cash flow

Yearly, ₹ crore

Cash from operationsSelect a row below to chart it

Mar 2023	Mar 2024	Mar 2025	Mar 2026
−124	−141	−320	−378
−18.9	1.1	−14.6	−59.7
202	156	450	465
58.6	16.3	115	27.3
−0.7	−2.2	−2.6	−1.1
−125	−143	−323	−379
–	–	−2.5	−5

Shareholding pattern

Source: NSE filings

75.0%

promoters

Promoters74.98%
Public25.02%
As of 30 Sep 2026

Quarter	Promoters	Public	Promoter change
30 Sep 2026	74.98%	25.02%	0.00
30 Jun 2026	74.98%	25.02%	0.00
31 Mar 2026	74.98%	25.02%	0.00
31 Dec 2025	74.98%	25.02%	0.00
30 Sep 2025	74.98%	25.02%	–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you