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Manappuram Finance (MGFL IN)
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110
Analysis
Financials
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India
Manappuram Finance Ltd. is a non-banking finance company. The Company offers loans against gold collateral, business loans, vehicle loans, foreign exchange and money transfer services; and sells gold coins.
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Manappuram Finance
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23 May 2022 09:12
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Broker
4QFY22 Results Update - Manappuram Finance
Over the last three quarters, MGFL traded off margin and spreads for Gold loan growth. This naturally dented profitability, with FY22 PAT declining...
Motilal Oswal
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bullish
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Manappuram Finance
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20 May 2022 09:22
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Broker
Manappuram Finance - Customer Acquisition Weak Amid High Competition, Weak Demand
Manappuram Finance (Manappuram) reported yet another weak quarter, with net profit declining by 42.4% YoY on account of subdued growth in gold loan...
Nirmal Bang
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bullish
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Manappuram Finance
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16 Feb 2022 17:03
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Broker
Below estimates led by higher opex and lower spreads
In the last two quarters, MGFL traded off margin/spreads for Gold loan growth. This new business strategy helped it cover a lot of lost ground in...
Motilal Oswal
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163 Views
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bearish
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