Manappuram Finance Ltd Results Analysis-Q1FY27

Financial performance and key Operating Metrics (Consolidated) : Interest Earned for Q1FY27 is Rs. 2,998 Crs., 36.22% growth YoY, Net Interest Income is Rs. 1,724 Crs., 28.13% growth YoY, Total Income is Rs. 3,040 Crs., 34.23% growth YoY, Pre-Provisioning Operating Profit is Rs. 1,007 Crs., 49.48% growth YoY, PBT is Rs. 782 Crs., 670% growth YoY, Net profit is Rs. 585 Crs., 341.44% growth YoY. On QoQ basis Interest Earned is up by 19.29%, Net Interest Income is up by 22.82%, Total Income is up by 15.8%, Pre-Provisioning Operating Profit is up by 29.24%, PBT is up by 38.67%, PAT is also up by 44.46%. Return on Average Loan Assets is 3.54% improved by 244 BPS YoY, Return on Average Equity is 14.3% improved by 1005 BPS YoY. Returns targets: ROA “3.5% to 4%” and ROE “15% to 18%”; goal to take ROE “to around 18%” in ~3 years. Total Loan AUM is Rs. 69,635 Cr. as on 30th June, 2026, 57.18% Growth YoY, Total Gold Loan AUM is Rs. 57,006 Cr. as on 30th June, 2026, 97.92% Growth YoY. Gold loans: pricing reset drives yield rebound; product architecture reshaped by RBI LTV framework. Branch expansion: major acceleration enabled by regulatory change, requirement of prior approval from RBI has been removed,” enabling faster rollout, FY27 plan: ~500 branches Asirvad AUM: ₹7,188 cr (+5.8% QoQ, +7.2% YoY), includes gold loan AUM ₹2,344 cr.