Manba Finance544262Quarterly results

Second interim dividend of Rs 0.25/share, Q2 FY27 results and debt issue up to INR 200 Crores approved

Board meeting outcome, 27 October 2026.

By ScoutQuest · Tue 27 Oct 2026, 6:12 PM IST · 3 min read

Q2 profit after tax: 1,373.41 lakh vs 1,139.81 lakh a year ago
Second interim dividend: 0.25 per share on face value of Rs 10.00 each; record date 6 November 2026
Fresh debt issue approved: up to INR 200 Crores on private placement basis

Results for the quarter and half year ended 30 September 2026 The board approved unaudited financial results for the quarter and half year ended 30 September 2026 along with a limited review report. Figures below are in Rs lakh.

Total income for the quarter: 9,776.31, against 7,770.95 in the same quarter a year earlier
Interest income for the quarter: 9,263.61, against 7,188.93
Profit after tax for the quarter: 1,373.41, against 1,139.81
Profit after tax for the half year: 2,699.69, against 2,114.89
Basic earnings per share: 2.73 for the quarter and 5.37 for the half year
Impairment on financial instruments: 801.22 for the quarter, against 522.62 a year earlier
Finance costs: 4,047.16 for the quarter

Balance sheet position

As at 30 September 2026, loans stood at 1,63,438.75, against 1,56,027.87 as at 31 March 2026, and total assets at 2,03,056.64. Borrowings other than debt securities were 1,07,743.83 and debt securities 49,059.73. The notes state that impairment allowances under Ind AS 109 exceeded the total provision required under IRACP norms, so no amount was required to be transferred to the impairment reserve.

Second interim dividend

The board declared a second interim dividend of 0.25 per share on equity shares of face value of Rs 10.00 each for the financial year 2026-27. Friday, 6 November 2026 is the record date for deciding eligible shareholders, and payment is to be made on or before 20 November 2026. For a retail holder, the record date is the cut-off for being on the register to receive this dividend.

Fresh debt issue

The board approved and authorised a fresh issue of Secured Non-Convertible Debentures, Perpetual Debt Instruments, Unsecured Subordinated Non-Convertible Debentures, bonds and/or other debt securities up to INR 200 Crores on a private placement basis, in one or more tranches. A finance committee of the board has been authorised for this issuance. Funds raised this way are borrowed money for the lender and add to its funding base.

Chairperson change and committee re-constitution

Mr. Nallepilly Ramaswami Parameshwaran ceases to be chairperson from the close of business hours of 27 October 2026, due to his other commitments, and Mrs. Neelam Tater becomes chairperson effective 27 October 2026. Mr. Parameshwaran continues as an Independent Director. Mrs. Tater is described as an Independent Director and a fellow member of the Institute of Chartered Accountants of India. The Nomination and Remuneration Committee is chaired by Mr. Parameshwaran, with Mr. Abhinav Sharma and Mrs. Neelam Tater as members. The IT Strategy Committee is chaired by Mr. Sujay Jagani, with Mrs. Neelam Tater, Mr. Parameshwaran and Mr. Saurabh Chai, CIO and CTO, as members.

Asset cover on listed bonds

The notes state that the company has maintained requisite full asset cover by way of mortgage of book debts on its Secured Listed Non-Convertible Debentures aggregating Rs. 51,920.00 lakhs as at 30 September 2026.

Points a retail investor may want to track

The 0.25 per share dividend against a face value of Rs 10.00, and the 6 November 2026 record date for eligibility
Profit growth alongside higher impairment on financial instruments and higher finance costs
How the proposed borrowing of up to INR 200 Crores is used in coming quarters, since it will add to interest cost and leverage

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