December 09, 2016 10:42 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 - Shareholder/Analyst Call

Manappuram Finance Limited - Shareholder/Analyst Call

Manappuram Finance Limited Reports Unaudited Standalone and Consolidated Earnings Results for Second Quarter and Six Months Ended September 30, 2016

Manappuram Finance Limited reported unaudited standalone and consolidated earnings results for second quarter and six months ended September 30, 2016. For the quarter, the company reported consolidated total income from operations of INR 8,422.56 million, profit from operations before other income and finance costs and exceptional items of INR 5,843.187 million, profit before tax of INR 2,951.0 million, net profit of INR 1,923.96 million or INR 2.29 per basic and diluted share, compared to the total income from operations of INR 8,525.2 million, profit from operations before other income and finance costs and exceptional items of INR 3,381.15 million, profit before tax of INR 1,001.02 million, net profit of INR 630.3 million or INR 0.75 per basic and diluted share, for the same quarter a year ago. For the year to date, the company reported consolidated total income from operations of INR 15,883.83 million, profit from operations before other income and finance costs and exceptional items of INR 10,954.27 million, profit before tax of INR 5,455.48 million, net profit of INR 3,527.29 million or INR 4.19 per basic and diluted share, compared to the total income from operations of INR 10,915.6 million, profit from operations before other income and finance costs and exceptional items of INR 6,641.39 million, profit before tax of INR 1,919.85 million, net profit of INR 1,223.27 million or INR 1.45 per basic and diluted share, for the same period a year ago. For the quarter, the company reported standalone total income from operations of INR 7,539.22 million, profit from operations before other income and finance costs and exceptional items of INR 5,323.247 million, profit before tax of INR 2,734.9 million, net profit of INR 1,796.96 million or INR 2.14 per basic and diluted share, compared to the total income from operations of INR 5,192.32 million, profit from operations before other income and finance costs and exceptional items of INR 3,181.82 million, profit before tax of INR 923.08 million, net profit of INR 592.19 million or INR 0.7 per basic and diluted share, for the same quarter a year ago. For the year to date, the company reported standalone total income from operations of INR 14,279.19 million, profit from operations before other income and finance costs and exceptional items of INR 9,972.53 million, profit before tax of INR 5,049.92 million, net profit of INR 3,289.41 million or INR 3.91 per basic and diluted share, compared to the total income from operations of INR 10,346.0 million, profit from operations before other income and finance costs and exceptional items of INR 6,293.88 million, profit before tax of INR 1,780.99 million, net profit of INR 1,151.37 million or INR 1.37 per basic and diluted share, for the same period a year ago.

Recent Private Companies Transactions

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