−19% from the high · +26% from the low
Long unwinding into a 26-day expiry: futures OI −2.2% on a −2.2% day, the most call OI sits at 320, the most put OI at 325, max pain 320.
MANAPPURAM futures closed at ₹308.90, 0.0% to spot, with 99% of open interest in the 27 Oct contract, and the 310 straddle prices a move of about ±6.2% by expiry.
| Expiry | Close ₹ | Basis ₹ · % | Annualised % | OI lots · on the day | Share of OI % | Contracts traded |
|---|---|---|---|---|---|---|
| 27 Oct26 days | ₹308.90 | 0.000.0% | 0.00% | 22,000▼ −2.3% · −510 lots | 99 | 3,100 |
| 23 Nov53 days | ₹310.40 | +1.50+0.5% | +3.3% | 170▲ +7.8% · +12 lots | 0.76 | 34 |
| 29 Dec89 days | ₹308.00 | −0.90−0.3% | −1.2% | 4.0▲ +300.0% · +3.0 lots | 0.02 | 5.0 |
0.78% of futures OI sits beyond the 27 Oct contract · 32 of 42 listed contracts traded · 7,300 option contracts changed hands
The 310 straddle closed at ₹19.00 (call 9.10 + put 9.90), pricing a move of about ±6.2% by the 27 Oct expiry. In the last 253 windows of 19 sessions, MANAPPURAM moved more than that 117 times.
After the last 5 bulletins, MANAPPURAM closed higher five sessions later in 1 of 5.
| Bulletin | Day of the news | 1 session later | 5 sessions later | Futures OI on the day |
|---|---|---|---|---|
| 9 MayManappuram, Godrej, IEX to trade corporate actions next week | ▼ −3.3%Nifty −1.5% · −1.9 pp | ▼ −7.2%Nifty −3.3% · −3.9 pp | ▼ −3.1%Nifty −2.2% · −0.9 pp | ▼ −1.9%long unwinding |
| 25 MarManappuram Finance shares rise 7% on Bain Capital open offer | ▼ −3.2%Nifty −2.1% · −1.1 pp | ▼ −4.3%Nifty −4.2% · −0.1 pp | ▼ −2.4%Nifty −0.8% · −1.6 pp | ▲ +0.3%short build-up |
| 19 MarRBI approves Bain Capital's acquisition in Manappuram Finance | ▼ −1.9%Nifty +0.5% · −2.4 pp | ▼ −4.5%Nifty −2.1% · −2.4 pp | ▼ −4.9%Nifty −2.9% · −2.0 pp | ▼ −0.2%long unwinding |
| 15 FebManappuram Finance secures RBI approval for Bain Capital stake | ▲ +0.4%Nifty +0.8% · −0.5 pp | ▲ +1.3%Nifty +1.0% · +0.3 pp | ▲ +0.4%Nifty +0.9% · −0.6 pp | ▼ −4.6%short covering |
| 30 JanManappuram reports lower profits, strong gold loan growth | ▼ −4.1%Nifty −0.4% · −3.7 pp | ▼ −9.1%Nifty −2.3% · −6.8 pp | ▼ −0.7%Nifty +0.9% · −1.6 pp | ▲ +7.6%short build-up |
Revenue ₹3,034 cr, +34% on a year earlier; profit ₹585 cr, +340% in the Jun 2026 quarter, consolidated.
| Quarter | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ | Market on the day |
|---|---|---|---|---|---|---|
| Jun 2026filed 11 Aug | ₹3,034 cr | ▲ +34% | ₹585 cr | ▲ +340% | 6.10 | ▼ −2.1%Nifty −0.1% · −1.9 pp |
| Mar 2026filed 4 May · audited | ₹2,614 cr | ▲ +11% | ₹405 cr | — | 9.52 | ▲ +0.7%Nifty −0.4% · +1.1 pp |
| Dec 2025filed 29 Jan | ₹2,353 cr | ▼ −8.1% | ₹239 cr | ▼ −14% | 2.82 | ▼ −4.1%Nifty −0.4% · −3.7 pp |
| Sept 2025filed 30 Oct | ₹2,283 cr | ▼ −13% | ₹217 cr | ▼ −62% | 2.57 | ▼ −2.0%Nifty −0.6% · −1.4 pp |
| Jun 2025filed 9 Aug | ₹2,262 cr | ▼ −9.1% | ₹132 cr | ▼ −76% | 1.57 | ▼ −0.8%Nifty +0.9% · −1.7 pp |
| Mar 2025filed 10 May · audited | ₹2,360 cr | 0.00% | −₹203 cr | ▼ −140% | -2.40 | ▲ +0.9%Nifty +3.8% · −2.9 pp |
| Dec 2024filed 14 Feb | ₹2,560 cr | ▲ +11% | ₹278 cr | ▼ −52% | 3.29 | ▼ −8.2%Nifty −0.4% · −7.8 pp |
| Sept 2024filed 6 Nov | ₹2,633 cr | ▲ +22% | ₹572 cr | ▲ +2.0% | 6.75 | ▼ −1.3%Nifty +1.1% · −2.4 pp |
| Year | Revenue ₹ cr | Revenue YoY | Profit ₹ cr | Profit YoY | EPS ₹ |
|---|---|---|---|---|---|
| FY26to Mar 2026 | ₹9,513 cr | ▼ −5.3% | ₹993 cr | ▼ −18% | 16.48 |
| FY25to Mar 2025 | ₹10,041 cr | ▲ +13% | ₹1,204 cr | ▼ −45% | 14.22 |
| FY24to Mar 2024 | ₹8,848 cr | — | ₹2,197 cr | — | 25.95 |
MANAPPURAM trades at 15 times trailing earnings against 22 for its industry, 1.8 times book value, revenue +4.8% over twelve months, a 1.6% dividend yield, market cap ₹29,000 cr.
| Stock | Market cap ₹ | P/E | P/B | Close ₹ |
|---|---|---|---|---|
| BAJFINANCEBajaj Finance Limited | 5,90,000 cron 1 Oct | 29consolidated | 5.0 | ₹948.30 |
| SHRIRAMFINShriram Finance Limited | 2,20,000 cron 1 Oct | 17consolidated | 3.4 | ₹945.00 |
| TATACAPTata Capital Limited | 1,40,000 cron 1 Oct | — | 2.9 | ₹319.30 |
| CHOLAFINCholamandalam Investment and Finance Company Limited | 1,30,000 cron 1 Oct | 23consolidated | 4.4 | ₹1,580.00 |
| MUTHOOTFINMuthoot Finance Limited | 1,10,000 cron 1 Oct | 9.5consolidated | 2.7 | ₹2,697.10 |
| LTFL&T Finance Limited | 66,000 cron 1 Oct | 21consolidated | 2.4 | ₹264.35 |
| SBICARDSBI Cards and Payment Services Limited | 54,000 cron 1 Oct | 24standalone | 3.4 | ₹563.20 |
| HDBFSHDB Financial Services Limited | 51,000 cron 1 Oct | — | 2.5 | ₹618.20 |
| SUNDARMFINSundaram Finance Limited | 49,000 cron 1 Oct | — | 3.3 | ₹4,395.90 |
| PIRAMALFINPiramal Finance Limited | 48,000 cron 1 Oct | — | 1.7 | ₹2,023.30 |
| AIILAuthum Investment & Infrastructure Limited | 46,000 cron 1 Oct | — | 3.1 | ₹539.30 |
| M&MFINMahindra & Mahindra Financial Services Limited | 44,000 cron 1 Oct | — | 1.7 | ₹319.75 |
| POONAWALLAPoonawalla Fincorp Limited | 38,000 cron 1 Oct | — | 3.7 | ₹433.40 |
| MANAPPURAMManappuram Finance Limited | 29,000 cron 1 Oct | 15consolidated | 1.8 | ₹308.90 |
| IIFLIIFL Finance Limited | 25,000 cron 1 Oct | — | 1.6 | ₹583.80 |
| CGCLCapri Global Capital Limited | 24,000 cron 1 Oct | — | 3.3 | ₹249.25 |
| FIVESTARFive-Star Business Finance Limited | 15,000 cron 1 Oct | — | 2.0 | ₹506.25 |
| SBFCSBFC Finance Limited | 9,300 cron 1 Oct | — | 2.5 | ₹84.20 |
| PAISALOPaisalo Digital Limited | 7,300 cron 1 Oct | — | 4.1 | ₹79.90 |
| BENGALASMBengal & Assam Company Limited | 6,900 cron 1 Oct | — | — | ₹6,088.00 |
| FEDFINAFedbank Financial Services Limited | 5,600 cron 1 Oct | — | 1.9 | ₹149.75 |
| MASFINMAS Financial Services Limited | 5,000 cron 1 Oct | — | 1.6 | ₹272.85 |
| NORTHARCNorthern Arc Capital Limited | 4,700 cron 1 Oct | — | 1.2 | ₹288.70 |
| SGFINSG Finserve Limited | 4,200 cron 1 Oct | — | 2.9 | ₹631.85 |
| AYEAye Finance Limited | 4,000 cron 1 Oct | — | 1.6 | ₹163.30 |
| INDOSTARIndoStar Capital Finance Limited | 3,300 cron 1 Oct | — | 0.88 | ₹206.35 |
| MUFINMufin Green Finance Limited | 2,600 cron 1 Oct | — | 4.5 | ₹130.60 |
| ARMANFINArman Financial Services Limited | 1,900 cron 1 Oct | — | 2.0 | ₹1,764.40 |
| PFSPTC India Financial Services Limited | 1,900 cron 1 Oct | — | 0.60 | ₹28.80 |
| GRANDOAKGrand Oak Canyons Distillery Limited | 1,800 cron 1 Oct | — | — | ₹34.80 |
| FEDDERSHOLFedders Holding Limited | 1,300 cron 1 Oct | — | — | ₹63.65 |
| UGROCAPUgro Capital Limited | 1,300 cron 1 Oct | — | 0.44 | ₹82.35 |
| AKCAPITAK Capital Services Limited | 1,100 cron 1 Oct | — | — | ₹1,714.10 |
| ZSARACOMSaraswati Commercial India Limited | 1,100 cron 1 Oct | — | — | ₹10,017.00 |
| CRESTCrest Ventures Limited | 1,000 cron 1 Oct | — | 0.77 | ₹362.35 |
| FINKURVEFinkurve Financial Services Limited | 990 cron 1 Oct | — | 2.9 | ₹70.55 |
| CIFLCapital India Finance Limited | 810 cron 1 Oct | — | 1.2 | ₹20.75 |
| ARYAMANAryaman Financial Services Limited | 760 cron 1 Oct | — | — | ₹624.00 |
| MANBAManba Finance Limited | 700 cron 1 Oct | — | 1.7 | ₹139.00 |
| LAXMIINDIALaxmi India Finance Limited | 620 cron 1 Oct | — | 1.3 | ₹119.00 |
| DHUNINVDhunseri Investments Limited | 590 cron 1 Oct | — | 0.17 | ₹967.30 |
| KIRANVYPARKiran Vyapar Limited | 490 cron 1 Oct | — | — | ₹179.20 |
| CSLFINANCECSL Finance Limited | 470 cron 1 Oct | — | 0.76 | ₹208.35 |
| MANCREDITMangal Credit and Fincorp Limited | 460 cron 1 Oct | — | 2.7 | ₹218.95 |
| MONEYBOXXMoneyboxx Finance Limited | 360 cron 30 Sept | — | 1.2 | ₹52.30 |
| AVONMOREAvonmore Capital & Management Services Limited | 360 cron 1 Oct | — | 0.71 | ₹12.80 |
| MUTHOOTCAPMuthoot Capital Services Limited | 360 cron 1 Oct | — | 0.54 | ₹218.10 |
| AFILAkme Fintrade (India) Limited | 350 cron 1 Oct | — | 0.82 | ₹7.85 |
| STARTECKStarteck Finance Limited | 290 cron 1 Oct | — | 1.1 | ₹290.95 |
| CPCAPCP Capital Limited | 260 cron 1 Oct | — | 0.45 | ₹140.85 |
| SAHLIBHFIShalibhadra Finance Limited | 240 cron 1 Oct | — | 1.4 | ₹78.75 |
| ALFREDHEAlfred Herbert India Limited | 220 cron 1 Oct | — | — | ₹2,823.00 |
| TEAMGTYTeam India Guaranty Limited | 210 cron 1 Oct | — | 4.4 | ₹235.10 |
| BAIDFINBaid Finserv Limited | 160 cron 1 Oct | — | 0.69 | ₹10.30 |
| SONALSonal Mercantile Limited | 130 cron 1 Oct | — | — | ₹87.55 |
| ASSAMENTAssam Entrade Limited | 120 cron 1 Oct | — | — | ₹799.00 |
| VGCLVibrant Global Capital Limited | 110 cron 1 Oct | — | — | ₹47.90 |
| OPTIFINOptimus Finance Limited | 110 cron 1 Oct | — | — | ₹14.45 |
| MUKESHBMukesh Babu Financial Services Limited | 90 cron 1 Oct | — | — | ₹128.80 |
| TFLTranswarranty Finance Limited | 65 cron 1 Oct | — | 2.3 | ₹11.80 |
| LADDERUPLadderup Finance Limited | 65 cron 16 Sept | — | — | ₹60.95 |
| ODYCORPOdyssey Corporation Limited | 62 cron 1 Oct | — | — | ₹6.90 |
| ADVIKCAAdvik Capital Limited | 61 cron 1 Oct | — | — | ₹1.00 |
| TRUTruCap Finance Limited | 50 cron 1 Oct | — | 0.98 | ₹4.20 |
| HBSLHB Stockholdings Limited | 41 cron 1 Oct | — | 0.52 | ₹57.05 |
| KJMCFINKJMC Financial Services Limited | 28 cron 1 Oct | — | — | ₹58.40 |
| TCIFINANCETCI Finance Limited | 19 cron 1 Oct | — | — | ₹14.70 |
| ASHIKAGAshika Global Securities Limited | — | — | — | — |
| CAPTRUSTCapital Trust Limited | — | — | — | — |
| RSDFINRSD Finance Limited | — | — | — | — |
| UYFINCORPU. Y. Fincorp Limited | — | — | — | — |
| VIJIFINViji Finance Limited | — | — | — | — |
Promoters hold 41.7%, foreign portfolio investors 22.3%, mutual funds 12.8% and insurance companies 0.8%, as filed for the quarter to 30 Jun.
| Category | 30 Jun | 31 Mar | 27 Mar | 31 Dec | 30 Sept |
|---|---|---|---|---|---|
| Promoters | 41.66▲ +9.89 pp | 31.770.00 pp | 31.77▼ −3.48 pp | 35.250.00 pp | 35.25 |
| Foreign portfolio investors | 22.30▼ −0.93 pp | 23.23▲ +0.02 pp | 23.21▼ −5.57 pp | 28.78▼ −1.38 pp | 30.16 |
| Mutual funds | 12.84▲ +1.87 pp | 10.97▲ +0.05 pp | 10.92▲ +1.83 pp | 9.09▲ +2.16 pp | 6.93 |
| Insurance companies | 0.77▼ −0.07 pp | 0.84▼ −0.12 pp | 0.96▼ −0.08 pp | 1.04▼ −0.16 pp | 1.20 |
| Banks and financial institutions | 1.24▲ +0.09 pp | 1.15▼ −0.01 pp | 1.16▲ +0.14 pp | 1.02▼ −0.02 pp | 1.04 |
| Individual investors | 16.83▼ −0.69 pp | 17.520.00 pp | 17.52▼ −1.86 pp | 19.38▼ −0.61 pp | 19.99 |
| Bodies corporate | 3.31▼ −0.16 pp | 3.470.00 pp | 3.47▼ −0.44 pp | 3.91▼ −0.14 pp | 4.05 |
| Others | 1.06▼ −9.99 pp | 11.05▲ +0.06 pp | 10.99▲ +9.44 pp | 1.55▲ +0.17 pp | 1.38 |
Nothing upcoming on record; the last was a dividend of ₹1.00 a share, ex-date 17 Aug 2026.
| Ex-date | Action | Amount or ratio | Record date | Source |
|---|---|---|---|---|
| recent | ||||
| 17 Aug 2026 | dividend | ₹1.00 | 17 Aug 2026 | BSE |
| 11 May 2026 | dividend | ₹0.50 | 11 May 2026 | BSE |
| 6 Feb 2026 | dividend | ₹0.50 | 6 Feb 2026 | NSE |
| 7 Nov 2025 | dividend | ₹0.50 | 7 Nov 2025 | BSE |
| 14 Aug 2025 | dividend | ₹0.50 | 14 Aug 2025 | NSE |
| 15 May 2025 | dividend | ₹0.50 | 15 May 2025 | NSE |
| 21 Feb 2025 | dividend | ₹1.00 | 21 Feb 2025 | BSE |
| 18 Nov 2024 | dividend | ₹1.00 | 18 Nov 2024 | NSE |
MANAPPURAM is −9.4% over 20 sessions against Nifty's −6.2%, 19% below its 52-week high, realised volatility 37% annualised.
| Window | From ₹ | MANAPPURAM % | Nifty 50 % | Difference pp |
|---|---|---|---|---|
| 250 sessionssince 26 Sept | ₹276.89 | ▲ +12% | ▼ −9.1% | +21 |
| 120 sessionssince 9 Apr | ₹262.96 | ▲ +17% | ▼ −5.7% | +23 |
| 60 sessionssince 8 Jul | ₹332.54 | ▼ −7.1% | ▼ −6.1% | −1.0 |
| 20 sessionssince 2 Sept | ₹340.91 | ▼ −9.4% | ▼ −6.2% | −3.2 |
| 5 sessionssince 24 Sept | ₹324.95 | ▼ −4.9% | ▼ −2.8% | −2.2 |
| 1 sessionsince 30 Sept | ₹315.85 | ▼ −2.2% | ▼ −0.88% | −1.3 |
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