Manba Finance544262Quarterly results

Second interim dividend of Rs. 0.25/share, up to INR 200 crore debt issue, new Chairperson; Q2 results approved

Q2/H1 FY27 unaudited results approved; the auditors' limited review conclusion says nothing came to their attention suggesting non-compliance.

By ScoutQuest · Tue 27 Oct 2026, 2:29 PM IST · 2 min read

Standalone · ₹ lakh · EPS in ₹
Line item	Latest	Year ago	YoY	Prev qtr	QoQ
Revenue from operations	9,774.36	7,776.88	+25.7%	9,260.82	+5.5%
Total income	9,776.31	7,770.95	+25.8%	9,261.01	+5.6%
Profit before tax	2,171.71	1,523.91	+42.5%	1,610.53	+34.8%
Profit after tax	1,373.41	1,139.81	+20.5%	1,326.28	+3.6%
Total comprehensive income	1,378.75	1,123.54	+22.7%	1,332.72	+3.5%
Basic EPS	2.73	2.27	+20.3%	2.64	+3.4%

Total income YoY growth: +25.8%
Period: Quarter ended 30th September 2026

Also decided at the meeting

Declared Second Interim Dividend of ₹0.25 per equity share (face value ₹10.00) for FY 2026-27, payable on or before November 20, 2026; record date Friday, 6th November, 2026.
Approved fresh issue of secured NCDs/perpetual debt/unsecured subordinated NCDs/bonds or other debt securities up to INR 200 Crores on private placement basis, authorising the finance committee.
Mr. Nallepilly Ramaswami Parameshwaran ceases as chairperson from close of business on October 27, 2026; Mrs. Neelam Tater, Independent Director, appointed chairperson effective October 27, 2026.
Approved re-constitution of the Nomination and Remuneration Committee and IT Strategy Committee of the Board.

Auditor's review

Conclusion: Unmodified

Notes to the results

Full asset cover maintained by mortgage of book debts on Secured Listed NCDs aggregating to Rs. 51,920.00 lakhs as on September 30, 2026.
Transferred 15,120 loan accounts (not in default) aggregating ₹87.98 crore via direct assignment during the quarter, with 10% MRR retention.
Transferred 6,627 stressed loan accounts to ARCs with principal outstanding ₹36.45 crore, net book value ₹28.06 crore, for aggregate consideration of ₹27.50 crore.
Impairment allowances under Ind AS 109 exceed IRACP provisioning as at September 30, 2026; no transfer to impairment reserve required.

Dividend and record date

The Board declared the Second Interim Dividend of Rs. 0.25 per equity share of face value of Rs. 10.00 each for the Financial Year 2026-27.
Friday, 6 November 2026 has been fixed as the Record Date to determine the list of eligible members for payment.
The Interim Dividend will be paid on or before 20 November 2026.

Fund raising through debt securities

The Board considered and approved 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.
The Board also approved and authorised a finance committee for issuance of these instruments.

What this means: private placement means the debt securities are placed with select investors rather than offered to the public. Money raised this way is borrowed money, so it adds to the company's liabilities, and it does not dilute existing shareholders the way fresh equity would.

Change in chairperson

Mr. Nallepilly Ramaswami Parameshwaran (DIN: 00820931) has ceased to be the Chairman of the Board from the closure of business hours of 27 October 2026 due to his other commitments, and shall continue as an Independent Director of the Company.
Ms. Neelam Tater (DIN: 07653773), an Independent Director and a fellow member of the Institute of Chartered Accountants of India, is the Chairperson of the Board with effect from 27 October 2026. She is not related to any Director or Key Managerial Personnel of the Company.

Committee re-constitution

Nomination and Remuneration Committee: Mr. Nallepilly Ramaswami Parameshwaran as Chairman, Mr. Abhinav Sharma and Ms. Neelam Tater as members, all Independent Directors.
IT Strategy Committee: Mr. Sujay Jagani as Chairman, Ms. Neelam Tater and Mr. Nallepilly Ramaswami Parameshwaran as members, and Mr. Saurabh Rai (CIO & CTO) as a member.

Results snapshot (Rs. in Lakh)

Revenue from operations for the quarter: 9,774.36.
Total income for the quarter: 9,776.31.
Profit after tax: 1,373.41 for the quarter and 2,699.69 for the half year.
Basic earnings per share for the quarter: Rs. 2.73.
The independent auditors' limited review report carries no qualification; their conclusion is that nothing has come to their attention that causes them to believe the accompanying statement is not in accordance with the recognition and measurement principles laid down in Ind AS 34, the Companies Act, 2013 and other accounting principles generally accepted in India, or that it contains any material misstatement.

Other points noted

The trading window for dealing in the company's securities opens from 29 October 2026 onwards.
The Board meeting was held on 27 October 2026, commencing at 01.00 p.m. (IST) and concluding at 02.15 p.m. (IST).

INR 200 CroresDebt securities issue size (private placement

Total income, (Rs. in Lakh₹9,776.31 lakh

Total income, year-ago quarter7,770.95 (Rs. In Lakh)

Total comprehensive income, quarter1,332.72 (Rs. In Lakh)

Total comprehensive income, year-ago quarter1,123.54 (Rs. In Lakh)

Debt securities issue size (private placement INR 200 Crores: Total income, (Rs. in Lakh ₹9,776.31 lakh, Total income, year-ago quarter 7,770.95 (Rs. In Lakh), Total comprehensive income, quarter 1,332.72 (Rs. In Lakh), Total comprehensive income, year-ago quarter 1,123.54 (Rs. In Lakh).

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