{
  "main_header": {
    "sid": 10039417,
    "name": "Manba Finance",
    "stock_name": "Manba Finance",
    "full_name": "Manba Finance Ltd",
    "name_url": "stocks-analysis/manba-finance",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "140.50",
    "chg": -0.85,
    "chgp": "-0.6%",
    "dir": -1,
    "prev_price": "141.35",
    "mcapval": "707.00 Cr",
    "mcap": "Micro Cap",
    "scripcode": 544262,
    "symbol": "MANBA",
    "ind_name": "Non Banking Financial Company (NBFC)",
    "ind_code": 5,
    "indexname": "",
    "isin": "INE939X01013",
    "curr_date": "Dec 05",
    "curr_time": "",
    "bse_nse_vol": "22.76 k",
    "exc_status": "Active",
    "traded_date": "Dec 05, 2025",
    "traded_date_str": "2025 12 05",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
    "is_blur": 1,
    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://www.marketsmojo.com/mojofeed/register?redirect=/stocks-analysis/manba-finance-10039417-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Is Manba Finance technically bullish or bearish?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-manba-finance-technically-bullish-or-bearish-3747873",
        "imagepath": "",
        "date": "2025-12-05 08:42:35",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Recent Trend Shift and Price Action</strong></p>\n<p>As of 4 December 2025, Manba Finance's technical trend has transitioned from mildly bearish to sideways. This suggests that the stock has paused its previous downward momentum and is now trading within a range, neither strongly advancing nor declining. The current price stands at ₹141.00, slightly up from the previous close of ₹139.50, with intraday highs touching ₹142.00 and lows at ₹139.00. This narrow trading range underscores the consolidation phase.</p>\n<p>Over the past 52 weeks, the stock has seen a high of ₹201.50 and a low of ₹115.15, indicating significant volatility. The current price remains closer to the lower end of this range, which may imply limited upside potential unless a breakout occurs.</p>\n<p><strong>Technical Indicator..."
      },
      {
        "title": "Manba Finance Evaluation Reflects Mixed Signals Amidst Market Challenges",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/manba-finance-upgraded-to-sell-a-detailed-analysis-of-quality-valuation-financial-trend-and-technicals-3747943",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ManbaFinance_mojoScore_3747943.png",
        "date": "2025-12-05 08:17:49",
        "description": "Manba Finance, a notable player in the Non Banking Financial Company (NBFC) sector, has experienced a revision in its market assessment following recent analytical updates. The company’s performance across quality, valuation, financial trends, and technical indicators presents a complex picture for investors navigating the current financial landscape."
      },
      {
        "title": "Manba Finance Technical Momentum Shifts Amid Mixed Market Signals",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/manba-finance-technical-momentum-shifts-amid-mixed-market-signals-3747917",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ManbaFinance_technicaldot_3747917.png",
        "date": "2025-12-05 08:11:59",
        "description": "Manba Finance, a key player in the Non Banking Financial Company (NBFC) sector, has exhibited a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. This development comes amid a complex interplay of technical indicators, reflecting a nuanced market assessment as the stock navigates recent price movements and broader sector dynamics."
      },
      {
        "title": "How has been the historical performance of Manba Finance?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-manba-finance-3747144",
        "imagepath": "",
        "date": "2025-12-04 22:55:21",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Revenue and Operating Performance</strong></p>\n<p>Manba Finance’s net sales have shown a strong upward trend, rising from ₹124.96 crores in March 2023 to ₹236.93 crores by March 2025. This represents a near doubling of sales within two years, signalling effective market expansion or increased demand for its financial products. Other operating income fluctuated, peaking at ₹23.23 crores in March 2024 before settling at ₹13.48 crores in March 2025, contributing to total operating income of ₹250.41 crores in the latest fiscal year.</p>\n<p>Despite the absence of raw material or manufacturing costs, the company’s employee costs and other expenses have risen in line with its expanding operations. Employee costs increased from ₹28.00 crores in March 2023 to ₹50.02 crores in March 2025, while other ..."
      },
      {
        "title": "Manba Finance Sees Revision in Market Evaluation Amidst Challenging Fundamentals",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/manba-finance-downgraded-to-strong-sell-amid-weak-fundamentals-and-flat-financial-trend-3737929",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/ManbaFinance_mojoScore_3737929.png",
        "date": "2025-12-01 10:09:36",
        "description": "Manba Finance, a microcap player in the Non Banking Financial Company (NBFC) sector, has experienced a revision in its market evaluation metrics reflecting ongoing challenges in its fundamental and technical outlook. This shift highlights the evolving investor sentiment and the company's current financial trajectory within a competitive sector."
      },
      {
        "title": "Has Manba Finance declared dividend?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/has-manba-finance-declared-dividend-3699313",
        "imagepath": "",
        "date": "2025-11-13 23:31:35",
        "description": "Manba Finance Ltd has declared a 5% dividend.\n\nDividend Details:\n- Percentage announced: 5%\n- Ex-date: 21 Nov 25\n\nDividend Yield: 0.28%.\n\nTotal Returns by Period:\nOver the 3-month period, the price return was -1.28%, the dividend return was 0.50%, resulting in a total return of -0.78%.\n\nIn the 6-month period, the price return was 5.63%, the dividend return was 0.50%, leading to a total return of 6.13%.\n\nFor the 1-year period, the price return was -4.7%, the dividend return was 0.62%, culminating in a total return of -4.08%.\n\nDuring the 2-year period, there was no price return and no dividend return, resulting in a total return of 0.0%.\n\nIn the 3-year period, there was no price return and no dividend return, leading to a total return of 0.0%.\n\nFor the 4-year period, there was no price return and no dividend return, resulting in a total return of 0.0%.\n\nIn the 5-year period, there was no price return and no d..."
      },
      {
        "title": "How has been the historical performance of Manba Finance?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-manba-finance-3695866",
        "imagepath": "",
        "date": "2025-11-13 00:43:25",
        "description": "Answer:\nThe historical performance of Manba Finance shows a significant growth trajectory in its financial metrics over the past three years.\n\nBreakdown:\nManba Finance's net sales have increased from 124.96 Cr in Mar'23 to 236.93 Cr in Mar'25, indicating a robust growth trend. Other operating income rose from 8.35 Cr in Mar'23 to 13.48 Cr in Mar'25, contributing to a total operating income that grew from 133.31 Cr to 250.41 Cr during the same period. The company's total expenditure, excluding depreciation, also increased from 106.08 Cr to 195.76 Cr, driven by higher employee costs and other expenses. Operating profit, excluding other income, improved from 27.23 Cr in Mar'23 to 54.65 Cr in Mar'25, although the interest expenses rose significantly from 56.62 Cr to 107.84 Cr, leading to a gross profit before tax that remained negative. Profit before tax increased from 22.79 Cr to 50.10 Cr, and profit after tax..."
      },
      {
        "title": "Are Manba Finance latest results good or bad?",
        "link": "https://www.marketsmojo.com/news/result-analysis/are-manba-finance-latest-results-good-or-bad-3693282",
        "imagepath": "",
        "date": "2025-11-12 19:36:27",
        "description": "Manba Finance's latest financial results for Q2 FY26 reveal a complex picture of growth and underlying challenges. The company reported net sales of ₹72.33 crores, reflecting a sequential growth of 14.74% from the previous quarter. Year-on-year, net sales grew by 17.78%, indicating strong momentum in its vehicle financing business. However, net profit for the same quarter reached ₹11.40 crores, which, while showing a sequential increase of 16.92%, only represents a modest year-on-year growth of 2.06%. This suggests that profit growth is not keeping pace with revenue expansion.\n\nThe operating profit margin, excluding other income, was reported at 70.90%, which is a robust figure, yet the profit after tax margin of 15.76% indicates some compression compared to previous periods, primarily due to rising interest costs. The company's return on equity (ROE) remains weak at 10.25%, raising concerns about capital e..."
      },
      {
        "title": "Manba Finance Q2 FY26: Strong Growth Masked by Structural Concerns",
        "link": "https://www.marketsmojo.com/news/result-analysis/manba-finance-q2-fy26-strong-growth-masked-by-structural-concerns-3691366",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/11/ManbaFinance_quaterlyResult_3691366.png",
        "date": "2025-11-11 20:36:32",
        "description": "Manba Finance Ltd., a Mumbai-based micro-cap non-banking financial company specialising in vehicle financing, reported net profit of ₹11.40 crores for Q2 FY26, representing a sequential increase of 16.92% from ₹9.75 crores in Q1 FY26 and year-on-year growth of 2.06% from ₹11.64 crores in Q2 FY25. Despite the headline profit growth, the stock has struggled significantly over the past year, declining 9.59% whilst the broader Sensex gained 5.50%, reflecting investor concerns about the company's weak return on equity, deteriorating cash flows, and persistent underperformance against its NBFC sector peers."
      }
    ],
    "total": 111,
    "sid": "10039417",
    "stock_news_url": "https://www.marketsmojo.com/news/manba-finance-10039417"
  },
  "announcements": [
    {
      "caption": "Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation",
      "datetime": "03-Dec-2025",
      "details": "Pursuant to the Regulation 30 (6) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we wish to inform you that the senior management of the company shall be meeting analyst/institutional investors on 11th December 2025 at 11 a.m.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Press Release / Media Release",
      "datetime": "24-Nov-2025",
      "details": "Press Release on Companys Achievements.",
      "source": "BSE"
    },
    {
      "caption": "Announcement under Regulation 30 (LODR)-Investor Presentation",
      "datetime": "19-Nov-2025",
      "details": "Manba Finance Limited has informed about Investor Presentation.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Manba Finance Ltd has declared <strong>5%</strong> dividend, ex-date: 21 Nov 25",
          "dt": "2025-11-21",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Is Manba Finance technically bullish or bearish?

2025-12-05 08:42:35

Recent Trend Shift and Price Action

As of 4 December 2025, Manba Finance's technical trend has transitioned from mildly bearish to sideways. This suggests that the stock has paused its previous downward momentum and is now trading within a range, neither strongly advancing nor declining. The current price stands at ₹141.00, slightly up from the previous close of ₹139.50, with intraday highs touching ₹142.00 and lows at ₹139.00. This narrow trading range underscores the consolidation phase.

Over the past 52 weeks, the stock has seen a high of ₹201.50 and a low of ₹115.15, indicating significant volatility. The current price remains closer to the lower end of this range, which may imply limited upside potential unless a breakout occurs.

Technical Indicator...

Read More

Manba Finance Evaluation Reflects Mixed Signals Amidst Market Challenges

2025-12-05 08:17:49

Manba Finance, a notable player in the Non Banking Financial Company (NBFC) sector, has experienced a revision in its market assessment following recent analytical updates. The company’s performance across quality, valuation, financial trends, and technical indicators presents a complex picture for investors navigating the current financial landscape.

Read More

Manba Finance Technical Momentum Shifts Amid Mixed Market Signals

2025-12-05 08:11:59

Manba Finance, a key player in the Non Banking Financial Company (NBFC) sector, has exhibited a notable shift in its technical momentum, moving from a mildly bearish stance to a sideways trend. This development comes amid a complex interplay of technical indicators, reflecting a nuanced market assessment as the stock navigates recent price movements and broader sector dynamics.

Read More

How has been the historical performance of Manba Finance?

2025-12-04 22:55:21

Revenue and Operating Performance

Manba Finance’s net sales have shown a strong upward trend, rising from ₹124.96 crores in March 2023 to ₹236.93 crores by March 2025. This represents a near doubling of sales within two years, signalling effective market expansion or increased demand for its financial products. Other operating income fluctuated, peaking at ₹23.23 crores in March 2024 before settling at ₹13.48 crores in March 2025, contributing to total operating income of ₹250.41 crores in the latest fiscal year.

Despite the absence of raw material or manufacturing costs, the company’s employee costs and other expenses have risen in line with its expanding operations. Employee costs increased from ₹28.00 crores in March 2023 to ₹50.02 crores in March 2025, while other ...

Read More

Manba Finance Sees Revision in Market Evaluation Amidst Challenging Fundamentals

2025-12-01 10:09:36

Manba Finance, a microcap player in the Non Banking Financial Company (NBFC) sector, has experienced a revision in its market evaluation metrics reflecting ongoing challenges in its fundamental and technical outlook. This shift highlights the evolving investor sentiment and the company's current financial trajectory within a competitive sector.

Read More

Has Manba Finance declared dividend?

2025-11-13 23:31:35

Manba Finance Ltd has declared a 5% dividend. Dividend Details: - Percentage announced: 5% - Ex-date: 21 Nov 25 Dividend Yield: 0.28%. Total Returns by Period: Over the 3-month period, the price return was -1.28%, the dividend return was 0.50%, resulting in a total return of -0.78%. In the 6-month period, the price return was 5.63%, the dividend return was 0.50%, leading to a total return of 6.13%. For the 1-year period, the price return was -4.7%, the dividend return was 0.62%, culminating in a total return of -4.08%. During the 2-year period, there was no price return and no dividend return, resulting in a total return of 0.0%. In the 3-year period, there was no price return and no dividend return, leading to a total return of 0.0%. For the 4-year period, there was no price return and no dividend return, resulting in a total return of 0.0%. In the 5-year period, there was no price return and no d...

Read More

How has been the historical performance of Manba Finance?

2025-11-13 00:43:25

Answer: The historical performance of Manba Finance shows a significant growth trajectory in its financial metrics over the past three years. Breakdown: Manba Finance's net sales have increased from 124.96 Cr in Mar'23 to 236.93 Cr in Mar'25, indicating a robust growth trend. Other operating income rose from 8.35 Cr in Mar'23 to 13.48 Cr in Mar'25, contributing to a total operating income that grew from 133.31 Cr to 250.41 Cr during the same period. The company's total expenditure, excluding depreciation, also increased from 106.08 Cr to 195.76 Cr, driven by higher employee costs and other expenses. Operating profit, excluding other income, improved from 27.23 Cr in Mar'23 to 54.65 Cr in Mar'25, although the interest expenses rose significantly from 56.62 Cr to 107.84 Cr, leading to a gross profit before tax that remained negative. Profit before tax increased from 22.79 Cr to 50.10 Cr, and profit after tax...

Read More

Are Manba Finance latest results good or bad?

2025-11-12 19:36:27

Manba Finance's latest financial results for Q2 FY26 reveal a complex picture of growth and underlying challenges. The company reported net sales of ₹72.33 crores, reflecting a sequential growth of 14.74% from the previous quarter. Year-on-year, net sales grew by 17.78%, indicating strong momentum in its vehicle financing business. However, net profit for the same quarter reached ₹11.40 crores, which, while showing a sequential increase of 16.92%, only represents a modest year-on-year growth of 2.06%. This suggests that profit growth is not keeping pace with revenue expansion. The operating profit margin, excluding other income, was reported at 70.90%, which is a robust figure, yet the profit after tax margin of 15.76% indicates some compression compared to previous periods, primarily due to rising interest costs. The company's return on equity (ROE) remains weak at 10.25%, raising concerns about capital e...

Read More

Manba Finance Q2 FY26: Strong Growth Masked by Structural Concerns

2025-11-11 20:36:32

Manba Finance Ltd., a Mumbai-based micro-cap non-banking financial company specialising in vehicle financing, reported net profit of ₹11.40 crores for Q2 FY26, representing a sequential increase of 16.92% from ₹9.75 crores in Q1 FY26 and year-on-year growth of 2.06% from ₹11.64 crores in Q2 FY25. Despite the headline profit growth, the stock has struggled significantly over the past year, declining 9.59% whilst the broader Sensex gained 5.50%, reflecting investor concerns about the company's weak return on equity, deteriorating cash flows, and persistent underperformance against its NBFC sector peers.

Read More

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