- Next results date: the board meets on 27 Oct 2026 to consider: financial results, dividend, fund raising and other business matters.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹698 Cr1,759th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 27 Jul 2026
- 14.3
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 18 May 2026
- 1.7
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.90%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 27 Jul 2026
- 12.6%
- NIMNet interest margin. Net interest income ÷ the average assets that earn interest × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 11.38%
- Cost of fundsCost of funds. Interest paid ÷ the average of what the company pays interest on × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 11.58%
- Credit costCredit cost. What was set aside for loans that may not be repaid ÷ average loans given × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 1.81%
- ROAReturn on assets. Profit after tax ÷ average total assets × 100 × 12 ÷ the months in the period, a rate per year; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. It equals net interest income + other income − operating expenses − provisions + exceptional items − tax + the lines below tax, each on the same base. For the year to Mar 2026.
- 2.63%
- LeverageAssets per rupee of net worth. Average total assets ÷ average net worth: rupees of assets for each rupee of net worth; given only where the balance sheets at the start and at the end of the period are both held; not given for an insurer. For the year to Mar 2026.
- 4.42times net worth
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 1,86,45857.5% delivered
Manba Finance board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Managing directorMANISH KIRITKUMAR SHAH
- ChairpersonNALLEPILLY RAMASWAMI PARAMESWARAN
- Company Secretary and Compliance OfficerBhavisha Jain
8 directors4 independent4 executive
- MANISH KIRITKUMAR SHAH · Managing directorExecutive · joined May 1996 · reappointed Apr 2024 · 1 listed board · 1 committee seat
- NIKITA MANISH SHAHExecutive · joined May 1996 · reappointed Jan 2024 · 1 listed board
- MONIL MANISH SHAHExecutive · joined Feb 2017 · reappointed Jan 2024 · 1 listed board · 1 committee seat
- JAY KHUSHAL MOTAExecutive · joined Feb 2023 · reappointed Jan 2024 · 1 listed board
- ABHINAV SHARMAIndependent · joined Sep 2019 · reappointed Sep 2024 · 87 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
- NEELAM TATERIndependent · joined Oct 2023 · reappointed Oct 2023 · 38 months as independent · 4 listed boards · 4 as independent · 3 committee seats, 1 as chair
- NALLEPILLY RAMASWAMI PARAMESWARAN · ChairpersonIndependent · joined Dec 2024 · reappointed Dec 2024 · 24 months as independent · 1 listed board · 1 as independent
- SUJAY SHANTILAL JAGANIIndependent · joined Feb 2025 · reappointed Feb 2025 · 22 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
1 director who left
- ANSHU SHRIVASTAVA, left 31 Mar 2025: Tenure Completion
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 22 Sep 20267 of 8 present3 independent · 21 days in between
- 31 Aug 20266 of 8 present2 independent · 12 days in between
- 18 Aug 20267 of 8 present3 independent · 21 days in between
- 27 Jul 20267 of 8 present3 independent · 69 days in between
3 earlier meetings
- 18 May 20267 of 8 present3 independent · 9 days in between
- 8 May 20268 of 8 present4 independent · 10 days in between
- 27 Apr 20268 of 8 present4 independent
Audit Committee
Chair SUJAY SHANTILAL JAGANI
ABHINAV SHARMA, NEELAM TATER
- 22 Sep 20262 of 3 present2 independent · 56 days in between
- 27 Jul 20263 of 3 present3 independent · 69 days in between
- 18 May 20262 of 3 present2 independent
Nomination and remuneration committee
Chair NEELAM TATER
ABHINAV SHARMA, NALLEPILLY RAMASWAMI PARAMESWARAN
- 22 Sep 20262 of 3 present2 independent · 34 days in between
- 18 Aug 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair ABHINAV SHARMA
MANISH KIRITKUMAR SHAH, MONIL MANISH SHAH, SUJAY SHANTILAL JAGANI
- 19 Sep 20264 of 4 present2 independent
Corporate Social Responsibility Committee
Chair MANISH KIRITKUMAR SHAH
NIKITA MANISH SHAH, ABHINAV SHARMA, NALLEPILLY RAMASWAMI PARAMESWARAN
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Jun 2026.
- KRSHNA & ASSOCIATESPeer-review certificate valid to Feb 2028
1 earlier auditor
- VENUS SHAH & ASSOCIATES LLPNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Manba Finance AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Manba Finance dividend history
Extraordinary general meeting, 19 Oct 2026
17,513 shareholders on the register on 12 Oct 2026; present: 9 promoters and 29 others; votes counted by Dr. Ronak Jhuthawat / M/s. Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)
- INCREASE IN AUTHORISED SHARE CAPITAL AND CONSEQUENTIAL ALTERATION OF THE CAPITAL CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANYOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
- PREFERENTIAL ISSUE OF FULLY CONVERTIBLE WARRANTS AND EQUITY SHARESSpecialPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
- RE-APPOINTMENT OF MS. NEELAM TATER (DIN: 07653773) AS AN INDEPENDENT DIRECTOR OF THE COMPANYSpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
- RE-APPOINTMENT OF MR. MANISH KIRITKUMAR SHAH (DIN: 00979854) AS MANAGING DIRECTOR OF THE COMPANY AND REVISION IN REMUNERATIONSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
- RE-APPOINTMENT OF MR. MONIL MANISH SHAH (DIN: 07054772) AS WHOLE-TIME DIRECTOR AND REVISION IN REMUNERATIONSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
- RE-APPOINTMENT OF MS. NIKITA MANISH SHAH (DIN: 00171306) AS WHOLE-TIME DIRECTOR AND REVISION IN REMUNERATIONSpecial99.96% for0.04% against
Against: promoters 0.00% · institutions 100.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
- RE-APPOINTMENT OF MR. JAY MOTA (DIN: 03105256) AS WHOLE-TIME DIRECTOR AND REVISION IN REMUNERATIONSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 76.71% · promoters 100.00% · institutions 3.69% · other public 7.02%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 26 Sep 2026, 3 resolutions
17,592 shareholders on the register on 19 Sep 2026; present: 9 promoters and 31 others; votes counted by Ronak Jhuthawat / M/s. Ronak Jhuthawat &, Company Secretaries.The company's voting result (opens in a new tab)
- To receive, consider and adopt the audited financial statements (for the financial year ended 31st March 2026) and the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 76.58% · promoters 100.00% · institutions 4.03% · other public 6.47%
- To confirm the payment of Final Dividend of Rs. 0.25 per equity share of Rs. 10/- each (for the financial year ended 31st March 2026).Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.02%
Turnout: all 76.58% · promoters 100.00% · institutions 4.03% · other public 6.47%
- To appoint a Director in place of Ms. Nikita Shah (DIN: 00171306), who retires by rotation and being eligible, offers her candidature for re-appointment.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 90.61% · other public 0.02%
Turnout: all 76.58% · promoters 100.00% · institutions 4.03% · other public 6.47%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Annual general meeting, 27 Sep 2025, 5 resolutions
21,547 shareholders on the register on 19 Sep 2025; present: 9 promoters and 29 others; votes counted by Ronak Jhuthawat / M/s. Ronak Jhuthawat &, Company Secretaries.The company's voting result (opens in a new tab)
- 1 - To receive, consider and adopt the audited financial statements (for the financial year ended 31st March, 2025) and the Reports of the Board of Directors and Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 77.65% · promoters 100.00% · institutions 3.72% · other public 10.95%
- 2 - To confirm the payment of Final Dividend of Rs. 0.25 per equity share of Rs. 10/- each (for the financial year ended 31st March, 2025).Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 77.65% · promoters 100.00% · institutions 3.72% · other public 10.95%
- 3 - To appoint a Director in place of Mrs. Nikita Shah (DIN: 00171306), who retires by rotation and being eligible, offers her candidature for re-appointment.OrdinaryPromoters have an interest in it99.96% for0.04% against
Against: promoters 0.00% · institutions 98.06% · other public 0.01%
Turnout: all 77.65% · promoters 100.00% · institutions 3.72% · other public 10.95%
4 - To appoint M/s. Krishna & Associates, Chartered Accountants, Mumbai (Firm Registration No. 122950W) as the Statutory Auditors of the Company, to hold office for the term of 3 (Three) consecutive years from the conclusion of this Annual General Meeting up to the conclusion of the 29th Annual General Meeting of the Company to be held on or before September 30, 2028.MoreLess
Ordinary99.96% for0.04% againstAgainst: promoters 0.00% · institutions 98.06% · other public 0.01%
Turnout: all 77.65% · promoters 100.00% · institutions 3.72% · other public 10.95%
- 5 - Appointment of M/s. Ronak Jhuthawat & Co., Practicing Company Secretaries (ICSI Unique Code: P2025RJ104300) as Secretarial Auditors of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.01%
Turnout: all 77.65% · promoters 100.00% · institutions 3.72% · other public 10.95%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Extraordinary general meeting, 15 Mar 2025, 2 resolutions
24,088 shareholders on the register on 7 Mar 2025; present: 9 promoters and 22 others; votes counted by Ronak Jhuthawat / Ronak Jhuthawat & Co..The company's voting result (opens in a new tab)
- 1 - Appointment of Mr. Nallepilly Ramaswami Parameswaran (DIN: 00820931), as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.70% · promoters 100.00% · institutions 0.00% · other public 19.51%
- 2 - Appointment of Mr. Sujay Shantilal Jagani (DIN: 07257603), as an Independent Director of the Company.Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 79.70% · promoters 100.00% · institutions 0.00% · other public 19.51%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Investor complaints and compliance
Quarter by quarter.
Investor complaints received and resolved, the company's own count
- Received
- Resolved
Open at the quarter's end
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
- The filing has a part on fines and penalties
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.
How money raised was used
The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.