Manba Finance, an NBFC focused on 2W/3W, used cars, and small business loans, is driving strong H1-FY26 growth! Assets Under Management (AUM) jumped 36% YoY to ₹1,500.8 Cr. Net Interest Income (NII) surged 23% to ₹68.2 Cr, and Profit After Tax (PAT) rose 26% to ₹21.1 Cr. Disbursements were up 16% at ₹398.3 Cr. Gross NPA stands at 3.52%, and Net NPA at 2.68%.
The company is strategically expanding across 6 states and 103 locations with 1,250+ dealers, focusing on EV 2W/3W financing. Tech is a key growth driver: think web-based apps, Salesforce integration, WhatsApp messaging, and paperless onboarding for lightning-fast loan approvals (60% in 1 minute!).
Recent moves include raising ₹170 Cr via NCDs in H1-FY26 to cut borrowing costs. Manba's emphasis on tech-driven, quick finance solutions and robust collection mechanisms positions it for continued expansion. H1-FY26 EPS was ₹4.21.