Manappuram Finance Share Price Target 2026, 2027, 2030, 2040, 2050

Manappuram Finance is a well-known Indian non-banking finance company. The company is mainly known for gold loans, where people give their gold jewellery and get money fast with very little paperwork, especially people who cannot easily get loans from banks. Over time, it has expanded and now also offers small loans, home loans, vehicle loans, and business loans, helping millions of customers across India. It has thousands of branches, mostly in villages and small towns, and also provides online and doorstep services through its mobile app.

What is Manappuram Finance Ltd NSE: MANAPPURAM?

Manappuram Finance was established in 1949 in Valapad, Kerala, and is owned and managed by V. P. Nandakumar. It is a non-banking finance company (NBFC) that mainly gives gold loans, where people give their gold jewellery and get money quickly and easily. The company also offers small loans, vehicle loans, personal loans, business loans, and home loans through its group companies. It has many branches across India and supports people who find it hard to get loans from banks by providing simple and fast financial services.

Manappuram Finance Share Price Target

Manappuram Finance Share Price Target 2026

It is a well-known non-banking finance company (NBFC) in India. The company helps people by offering various types of loans in a fast and straightforward manner. It is most popular for gold loans, where people give their gold jewellery and get money quickly with very little paperwork. Over the years, it has grown and now offers many financial services in one place. These services help individuals, families, and small businesses who find it hard to get loans from banks. In 2026, its share price target would be ₹488, as per stock market analysts.

According to stock market analysts, its share price would be between ₹247 to ₹488 in 2026.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	247	488

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	278	347
February	257	361
March	247	375
April	260	383
May	278	390
June	290	400
July	311	412
August	325	423
September	322	437
October	341	458
November	347	470
December	368	488

Manappuram Finance Share Price Target 2027

The main goal of the company is to give easy, fast, and safe financial support to people from all backgrounds. The company wants to make loans simple to get, especially for people who do not receive proper help from banks. It aims to become a single place where customers can get many types of loans. The company works to improve everyday life for people by focusing on customer needs, clear rules, and safe lending. It also plans to use more technology in the future so that services become even easier and reach more people. In 2027, its share price target would be ₹704, as per stock market analysts.

According to stock market analysts, its share price would be between ₹467 to ₹704 in 2027.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2027	467	704

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	467	529
February	460	550
March	478	571
April	488	590
May	500	602
June	514	617
July	532	625
August	554	639
September	572	650
October	575	668
November	580	689
December	590	704

Share Price Target 2028

It follows strong values in its daily work. It believes in honesty and clear communication with customers. The company treats customers, employees, and business partners with respect. It also supports new ideas and uses technology to improve services. Teamwork and responsibility are important parts of its work culture. Employees are trained to speak politely and explain things in a simple way. In 2028, its share price target would be ₹901, as per stock market analysts.

According to stock market analysts, its share price would be between ₹679 to ₹901 in 2028.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2028	679	901

Share Price Target 2029

Gold loans are the most important service of the company. In this service, customers give their gold jewellery as security and get money based on its value. The process is very easy and quick, and very little paperwork is needed. Many customers like gold loans because they often receive money on the same day. These loans are helpful for medical expenses, education fees, business needs, or emergencies. The company keeps the gold safe and explains repayment clearly. In 2029, its share price target would be ₹1091, as per stock market analysts.

According to stock market analysts, its share price would be between ₹870 to ₹1091 in 2029.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2029	870	1091

Manappuram Finance share price Target 2030

It uses technology to make services easier for customers. People can apply for loans online and manage them through digital platforms. The mobile app helps customers check loan details, pay money, and renew loans easily. Digital services save time and reduce the need to visit branches many times. In some places, the company also offers doorstep services, where staff visit customers at home. The company helps both rural and city customers. This shows the company’s effort to provide modern services while keeping everything easy to understand and use. In 2030, its share price target would be ₹1400, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1070 to ₹1400 in 2030.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2030	1070	1400

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1070	1184
February	1089	1200
March	1105	1214
April	1121	1237
May	1130	1250
June	1142	1269
July	1150	1285
August	1167	1310
September	1180	1332
October	1221	1365
November	1245	1387
December	1280	1400

Share Price Target 2040

It also gives loans for cars, bikes, and business vehicles. These loans help people buy vehicles for personal use or to earn money. The company offers simple approval and flexible payment options. Vehicle loans are useful for people who depend on transport for their work, such as drivers and shop owners. Bike loans are especially popular among students and young workers. The company helps people travel easily and improve their income. In 2040, its share price target would be ₹2168, as per stock market analysts.

According to stock market analysts, its share price would be between ₹1873 to ₹2168 in 2040.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2040	1873	2168

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	1873	1974
February	1890	1990
March	1900	2012
April	1912	2031
May	1920	2049
June	1932	2065
July	1940	2078
August	1954	2090
September	1960	2112
October	1967	2132
November	1978	2145
December	1990	2168

Share Price Target 2050

It also provides home loans for families who want to buy or build a house. These loans are easy to understand and affordable. The company also offers loans for home repair and improvement. Home loans help families live better and feel secure in the future. It mainly helps people who find it difficult to get home loans from banks. The company helps families achieve their dream of owning a home. This service clearly shows the company’s aim to improve the quality of life for its customers. In 2050, its share price target would be ₹3141, as per stock market analysts.

According to stock market analysts, its share price would be between ₹2824 to ₹3141 in 2050.

Year	Minimum Price (Rs)	Maximum Price (Rs)
2050	2824	3141

Month	Minimum Price  (Rs)	Maximum Price (Rs)
January	2824	2935
February	2841	2954
March	2850	2974
April	2865	2990
May	2878	3010
June	2899	3024
July	2912	3042
August	2920	3050
September	2945	3074
October	2968	3090
November	2978	3112
December	2990	3141

Should I buy Manappuram Finance stock?

Year	Minimum Price (Rs)	Maximum Price (Rs)
2026	247	488
2027	467	704
2028	679	901
2029	870	1091
2030	1070	1400
2040	1873	2168
2050	2824	3141

It is a trusted finance company that mainly makes money from gold loans and also gives vehicle, home, and small business loans, so it has different ways to earn. The company usually does well when many people take gold loans, but it can face problems if interest rates change, borrowers don’t repay on time, or banks and other lenders compete. If you plan to invest for the long term, can handle the stock price going up and down, and believe gold loans and NBFCs will grow, this stock could be worth considering.

Manappuram Finance earnings results

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Revenue +	5,465	6,331	6,061	6,700	8,848	10,007	9,432
Interest	1,832	2,219	2,011	2,188	2,866	3,541	3,518
Expenses +	1,547	1,669	2,133	2,317	2,848	4,567	5,090
Financing Profit	2,086	2,443	1,916	2,195	3,134	1,899	824
Financing Margin %	38%	39%	32%	33%	35%	19%	9%
Other Income +	86	44	65	50	72	34	10
Depreciation	164	171	198	204	246	267	291
Profit before tax	2,007	2,316	1,784	2,041	2,960	1,666	544
Tax %	26%	26%	26%	26%	26%	28%
Net Profit +	1,480	1,725	1,329	1,500	2,197	1,204	425
EPS in Rs	17.37	20.37	15.70	17.67	25.86	14.37	5.30
Dividend Payout %	16%	10%	19%	17%	13%	28%

Key Metrics

TTM PE Ratio	PB Ratio	Dividend Yield	Sector PE	Sector PB	Sector Div Yld
58.23	2.10	1.29%	18.17	2.47	0.98%

Peers & Comparison

Stock	PE Ratio	PB Ratio	Dividend Yield
Manappuram Finance Ltd	21.51	2.10	1.29%
Bajaj Finance Ltd	35.34	5.94	0.59%
Shriram Finance Ltd	19.32	3.27	1.01%
Jio Financial Services Ltd	113.07	1.48	0.17%

Is Manappuram Finance stock good to buy? (bull case & bear case)

Bull Case:

• In FY25, the company earned over ₹10,000 crore in revenue, which shows it runs a big and stable business.
• The company reported a net profit of about ₹1,204 crore, which means it is still making good money after paying all costs.
• Gold loans, which make up around 60% of total loans, continue to grow, showing that many people rely on this service, and the main business is strong.
• It has a capital adequacy ratio of about 30.9%, meaning the company has enough money to handle risks and grow safely.
• It has been working for over 70 years and has a large number of customers, giving it long-term strength and trust in the market.

Bear Case:

• Revenue growth has sometimes been slow, with year-on-year drops in some quarters, which shows growth is not always steady.
• Profit can change a lot, with net profit falling by around 75% in some quarters, showing earnings are not always stable.
• Parts of the business outside gold loans, like microfinance, have reported losses and higher provisions, which adds risk to the company’s overall profits.
• The company earns most of its money in India, so economic slowdown or competition in India can affect how well it does.

Conclusion

It is a popular finance company in India. It is mostly known for gold loans, where people give their gold jewellery and get money quickly with very little paperwork. Over time, it also gives small loans, home loans, vehicle loans, and business loans, helping many people across India. The company has lots of branches and also provides online and doorstep services. Its main business is strong, and many people trust it. Overall, for people who want to invest for the long term and can handle changes, it has good growth potential, but there are some risks.

FAQs