February 25, 2017 9:14 AM ET

Consumer Finance

Company Overview of Manappuram Finance Limited

Company Overview

Manappuram Finance Limited, a non banking financial company, provides fund and fee based services in India. The company offers loans against pledging of gold ornaments and jewelries; money transfer and foreign exchange services; loans against property; housing and commercial vehicle finance services; and insurance brokerage services. It operates 3,293 branches in 23 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 headquartered in Thrissur, India.

Manappuram House

P.O - Valapad

Thrissur,  680567

India

Founded in 1949

Phone:

91 48 7305 0000

Fax:

91 48 7239 9298

Key Executives for Manappuram Finance Limited

Chief Executive Officer, Managing Director and Director
Age: 61
Total Annual Compensation: 35.1M
Chief Financial Officer
Age: 50
Total Annual Compensation: 7.1M
Executive Director
Age: 63
Total Annual Compensation: 9.8M
Compliance Officer and Company Secretary
Total Annual Compensation: 2.0M
Compensation as of Fiscal Year 2016.

Manappuram Finance Limited Key Developments

Manappuram Finance Limited - Shareholder/Analyst Call

Manappuram Finance Limited - Shareholder/Analyst Call

Manappuram Finance Limited Declares an Interim Dividend Payable on or Before March 09,2017

Manappuram Finance Limited has informed that the Board of Directors at their meeting held on February 08, 2017 has declared an interim dividend of INR 0.50 (Fifty Paise) per equity share of INR 2 each. Further Dividend Warrants /At Par Cheques will be dispatched on or before March 09,2017.

Manappuram Finance Limited Announces Unaudited Consolidated and standalone Financial Results for the Third Quarter and Nine Months Ended Dec. 31, 2016

Manappuram Finance Limited announced unaudited consolidated and standalone financial results for the third quarter and nine months Ended Dec. 31, 2016. For the quarter, the group reported profit from operations before other income & finance costs of INR 6,268.330 million against INR 3,889.670 million for the same period of last year. Profit after finance costs and before tax was INR 3,410.980 million against INR 1,574.210 million for the same period of last year. Net profit was INR 2,036.130 million or INR 2.41 per basic and diluted share against INR 1,010.530 million or INR 1.19 per basic and diluted share for the same period of last year. Revenue from operations was INR 8,977.320 million against INR 6,130.030 million for the same period of last year. For the nine months, the group reported profit from operations before other income & finance costs of INR 17,234.170 million against INR 10,540.900 million for the same period of last year. Profit after finance costs and before tax was INR 8,596.460 million against INR 3,494.060 million for the same period of last year. Net profit was INR 5,552.690 million or INR 6.60 per basic and diluted share against INR 2,245.760 million or INR 2.65 per basic and diluted share for the same period of last year. Revenue from operations was INR 24,803.650 million against INR 16,986.460 million for the same period of last year. For the quarter, the standalone basis, the company reported profit from operations before other income & finance costs of INR 5,585.910 million against INR 3,663.310 million for the same period of last year. Profit after finance costs and before tax was INR 2,909.160 million against INR 1,505.340 million for the same period of last year. Net profit was INR 1,898.840 million or INR 2.26 per basic and diluted share against INR 1,796.960 million or INR 1.16 per basic and diluted share for the same period of last year. Revenue from operations was INR 7,884.520 million against INR 5,708.900 million for the same period of last year. For the nine months, the parent company reported profit from operations before other income & finance costs of INR 15,570.010 million against INR 9,967.000 million for the same period of last year. Profit after finance costs and before tax was INR 7,959.080 million against INR 3,286.330 million for the same period of last year. Net profit was INR 5,188.250 million or INR 6.16 per basic and diluted share against INR 2,124.010 million or INR 2.52 per basic and diluted share for the same period of last year. Revenue from operations was INR 22,148.60 million against INR 16,014.650 million for the same period of last year.

Recent Private Companies Transactions

Type
Date
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No transactions available in the past 12 months.
 

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