# Manappuram Finance

> NBFCs. Figures from the lender's own filings, each checked against the page it came from.

Page: https://creditbrief.in/lenders/manappuram

## Loan book

- ₹63,798 crore on 31 March 2026, the end of FY2025-26 (AUM, consolidated).
- ₹69,635 crore on 30 Jun 2026, the latest half-year balance.
- Source: Manappuram Finance Investor Presentation Q4 FY26 (company website), PDF page 10: https://www.manappuram.com/sites/default/files/2026-05/MGFLInvestorPresentation%20_Q4%20FY26.pdf

## Findings

- Grew 20% a year from March 2022 to March 2026, faster than 5 of the 10 other NBFCs with like-for-like figures for those years.
- Growth picked up to 48% in FY2025-26, from 2.3% the year before.
- Held its place as the 10th biggest of these 13 NBFCs from March 2022 to March 2026.

## What it lends against (30 Jun 2026)

- Gold: ₹54,655 crore (78.5%)
- Asirvad-MFI: ₹4,827 crore (6.9%)
- MSME and others: ₹3,432 crore (4.9%)
- VEF: ₹2,562 crore (3.7%)
- Asirvad-Gold loan: ₹2,344 crore (3.4%)
- Mahofin-HFC: ₹1,839 crore (2.6%)
- Onlending: ₹322 crore (0.5%)
- Asirvad-MSME: ₹16 crore (0%)
- Mahofin-Gold: ₹7 crore (0%)

Source: Manappuram Finance Investor Presentation Q1 FY27, PDF page 10: https://nsearchives.nseindia.com/corporate/MANAPPURAM_11082026165542_InvestorPresentation.pdf

## Figures by period

| Measure | FY2021-22 (31 Mar 2022) | FY2022-23 (31 Mar 2023) | FY2023-24 (31 Mar 2024) | FY2024-25 (31 Mar 2025) | FY2025-26 (31 Mar 2026) | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Loan book (₹ crore) | 30,261 | 35,428 | 42,070 | 43,034 | 63,798 | 69,635 |
| Branches (Number) | 5,057 | 5,232 | 5,286 | 5,359 | 5,340 |  |

### Sources for each figure

- Loan book, FY2021-22 (31 Mar 2022): "Total 3,54,523 3,18,834 11.2% 3,02,608 17.2%" (Manappuram Finance IR Presentation Q4 FY23 (company website), PDF page 9) https://www.manappuram.com/sites/default/files/2023-08/Manappuram%20Finance%20Ltd%20-%20IR%20PPT-%20Q4FY23.pdf
- Loan book, FY2022-23 (31 Mar 2023): "Total 4,20,696 4,03,852 4.2% 3,54,279 18.7%" (Manappuram Finance IR Presentation Q4 FY24 (company website), PDF page 9) https://www.manappuram.com/sites/default/files/2024-05/MFL%20IR%20Presentation%20Q4FY24.pdf
- Loan book, FY2023-24 (31 Mar 2024): "Total 4,20,696 4,03,852 4.2% 3,54,279 18.7%" (Manappuram Finance IR Presentation Q4 FY24 (company website), PDF page 9) https://www.manappuram.com/sites/default/files/2024-05/MFL%20IR%20Presentation%20Q4FY24.pdf
- Loan book, FY2024-25 (31 Mar 2025): "Consolidated AUM 63,798 52,125 22.4% 43,034 48.3%" (Manappuram Finance Investor Presentation Q4 FY26 (company website), PDF page 10) https://www.manappuram.com/sites/default/files/2026-05/MGFLInvestorPresentation%20_Q4%20FY26.pdf
- Loan book, FY2025-26 (31 Mar 2026): "Consolidated AUM 63,798 52,125 22.4% 43,034 48.3%" (Manappuram Finance Investor Presentation Q4 FY26 (company website), PDF page 10) https://www.manappuram.com/sites/default/files/2026-05/MGFLInvestorPresentation%20_Q4%20FY26.pdf
- Loan book, 30 Jun 2026: "Consolidated AUM 69,635 63,798" (Manappuram Finance Investor Presentation Q1 FY27, PDF page 10) https://nsearchives.nseindia.com/corporate/MANAPPURAM_11082026165542_InvestorPresentation.pdf
- Branches, FY2021-22 (31 Mar 2022): "No. of branches 5,232 5,057 3.46%" (Manappuram Finance Press Release Q4 FY23 (company website), PDF page 2) https://www.manappuram.com/sites/default/files/2023-08/Press%20Release.pdf
- Branches, FY2022-23 (31 Mar 2023): "No. of branches 5,232 5,057 3.46%" (Manappuram Finance Press Release Q4 FY23 (company website), PDF page 2) https://www.manappuram.com/sites/default/files/2023-08/Press%20Release.pdf
- Branches, FY2023-24 (31 Mar 2024): "Number of Branches 5,286 5,359 5,340 -0.35%" (Manappuram Finance Annual Report FY26, PDF page 77) https://nsearchives.nseindia.com/annual_reports/AR_29919_MANAPPURAM_2025_2026_A_20676294_20072026210606.pdf
- Branches, FY2024-25 (31 Mar 2025): "Number of Branches 5,286 5,359 5,340 -0.35%" (Manappuram Finance Annual Report FY26, PDF page 77) https://nsearchives.nseindia.com/annual_reports/AR_29919_MANAPPURAM_2025_2026_A_20676294_20072026210606.pdf
- Branches, FY2025-26 (31 Mar 2026): "Number of Branches 5,286 5,359 5,340 -0.35%" (Manappuram Finance Annual Report FY26, PDF page 77) https://nsearchives.nseindia.com/annual_reports/AR_29919_MANAPPURAM_2025_2026_A_20676294_20072026210606.pdf

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