Manba Finance Limited — PPTs, 23-05-2025: Investor Presentation

1. Financial Highlights:

Manba Finance’s AUM grew 42% to INR 133.14 Cr, with disbursements rising 33% to INR 84.24 Cr. Net Interest Income jumped 49% to INR 12.91 Cr, backed by a 24.09% average yield on AUM and a steady net interest margin of 14.03%. Profit after tax increased 21% to INR 3.78 Cr. Asset quality improved with gross and net NPAs at 3.23% and 2.45%, respectively, and provision coverage at 24%. Capital adequacy remained strong near 30%. Borrowings totaled INR 108 Cr at a cost of 10.8%. Return on assets and equity stood at 2.6% and 10.2%.

2. Strategic Initiatives & Growth Drivers:

The company is broadening its presence beyond six states with new entry planned in Bihar, focusing heavily on electric two- and three-wheeler financing amid rising fuel costs. Product mix includes used car, small business, and personal loans. Tech investments target a web app for business correspondents, Salesforce marketing integration, and increased digital communication via WhatsApp. Brand promotion and customer referral programs are key priorities.

3. Business Developments:

Dealer network expanded 25% to 1,216, supporting growth. Ongoing co-lending tie-ups, especially with Muthoot Capital, help diversify funding. Tech-enabled dealer support has accelerated loan approvals, with over 60% of loans sanctioned within one minute, enhancing customer experience.

4. Market Position & Competitive Advantage:

Manba stands out as a tech-driven NBFC with rapid loan processing and lower NPAs in its peer group. Its dealer network across 73 locations ensures wide market access. Focus on underpenetrated states and EV financing adds differentiation, supported by strong brand recall and swift credit decisions.

5. Investor Implications:

Strong credit growth, improving asset quality, and tech adoption signal positive growth potential. Diversification across geographies and products reduces concentration risk while profitability gains demonstrate scalability. Execution risk lies in successful market expansion and maintaining asset quality amid rising borrowings. Overall, Manba shows attractive risk-adjusted prospects for investors.