Manba Finance’s share price target for 2024, 2025, and 2026 can deliver multi-bagger returns due to the massive sales growth in the two-wheeler and 125cc scooter in the next few years. Two-wheeler sales will likely grow by 10-12% year till the financial year 2026 and soon the demand for the 125cc scooter may increase.
Manba Finance’s IPO issue size was Rs. 150.84 Crore, with a price range of Rs. 114 to Rs. 120. On the listing day, the Manba Finance stock was listed at Rs. 145 with a listing gain of 25%. As of 30 Sept 2024, the stock is trading at Rs. 152.25 (market closing).
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About Manba Finance Ltd
Manba Finance Ltd is a newly listed company in the stock market. It started its business in 1996. The company is engaged in providing various types of loans but is an expert in two-wheeler loans.
The company offers vehicle loans, personal loans, and small business loans. In the vehicle loans, they provide loans for many types of vehicle loans like-
- Pre-owned car loans
- EV two-wheeler loans
- EV three-wheeler loans
- New two-wheeler loans
- New three-wheeler loans
- Pre-owned two-wheeler loans
Other Loans
- Personal loans
- Small business loans
As they offer loan services, they also added an advanced “EMI Calculator” where you can enter Loan Amount, Annual Interest Rate, and Time in Months. Once all the details are entered you can see the Total Payable Money, Term (month), and Loan EMI (In Rupees). Using the tool, one can calculate EMI in less than 1 minute.
Company Analysis
Below you’ll find Manba Finance Limited’s company information like financials, fundamentals, and shareholding patterns. This information plays an important role in identifying good companies for investing.
Note: The shared information is not enough for a complete analysis of any company or stock. Kindly cross-check this information with any screener or broker.
Note: All the values are in (₹) Rupees Crore.
| Quarter | Net Profit & Loss |
|---|---|
| Sep 2023 | ₹ |
| Dec 2023 | ₹4.83 |
| Mar 2024 | ₹9.79 |
| Jun 2024 | ₹ |
| Sep 2024 | ₹ |
| Year | Net Profit & Loss |
|---|---|
| Mar 2020 | ₹18 |
| Mar 2021 | ₹9 |
| Mar 2022 | ₹9 |
| Mar 2023 | ₹15 |
| Mar 2024 | ₹31 |
Note: It is the company’s financial performance data, typically released every three months (quarterly) or once a year (annually).
| Market Cap | ₹Cr | ROE | 15.66% |
| P/E Ratio (TTM) | 0.00 | EPS (TTM) | 0.00 |
| P/B Ratio | 0.00 | Div. Yield | 0.00% |
| Industry PE | 28.67 | Book Value | 0.00 |
| Debt to Equity | 3.80 | Face Value | 10 |
| Held By | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 |
|---|---|---|---|---|---|
| FIIs | NA | NA | NA | NA | NA |
| DIIs | NA | NA | NA | NA | NA |
| Public | NA | NA | NA | NA | NA |
| Promoters | NA | NA | NA | NA | NA |
| Other Holders | NA | NA | NA | NA | NA |
Key Insights
- High debt on the company.
- Net profit margins are not stable.
- Tough competition in the industry.
- 1,100+ dealers in more than 6 states.
- Debt-to-equity is 3.80 of the company.
- Manba Finance Ltd is a profitable company.
- The company is making profits consistently.
- High debt on the company, debt-to-equity is 3.80.
- The company profits have increased in a row 4 years.
Manba Finance Share Price Target
Manba Finance Ltd is a small-cap company in the finance sector. The company is primarily involved in the vehicle loans. In the business, there are many top companies or competitors like Bajaj Finserv Ltd, Arman Financial Services Ltd, and many more. These competitors can affect Manba Finance’s share price target for 2024, 2025, and 2026.
As the company primarily focuses on vehicle loans then it can be a positive thing for the company. The companies that are engaged in only a few businesses are doing good but some also face problems.
| Year | Minimum Target | Maximum Target |
|---|---|---|
| 2024 | ₹165 | ₹170 |
| 2025 | ₹175 | ₹240 |
| 2026 | ₹250 | ₹300 |
Disclaimer: We are not SEBI registered, this post is only for educational purposes. We give the stock price targets based on analysts’ research, news, price action, etc. Please do research or talk to your financial advisor before making any decision.
Manba Finance Share Price Target 2024
Manba Finance Ltd stock was listed at Rs. 145 in the stock market on 30 Sept and on the same day closed to its upper circuit i.e. Rs. 152.25. It clearly shows that the investors are bullish on the stock as it was also listed in the stock market at 25% listing gains.
In Manba Finance’s share price target for 2024, you may see the stock going near Rs. 165 to Rs. 170 in the next few weeks. On the other side, there are also risks of profit bookings in the stock. So, make sure you put an SL in your system to keep your profit safe or avoid huge losses.
Manba Finance Share Price Target 2025 and 2026
Manba Finance Ltd is a small-cap finance sector company that primarily works in providing vehicle loans. It is a profitable company and continuously made profits for the past few years. Over the years, the earnings of the company have also improved in a row.
One of the major problems in the financials of the company is there is high debt. Currently, its debt-to-equity is near 3.80 which is considered high. But in mostly finance sector of small-cap companies, the debt is usually high.
On the other side, domestic two-wheeler sales are likely to grow 10-12% annually and 125cc scooters are also selling a lot nowadays. It means the industry is on the positive side which will boost the Manba Share price target for 2025 and 2026.
In the year 2025 to 2026, the stock is likely to go near Rs. 250 to Rs. 300. But in case, if two-wheeler or three-wheeler industry faces the problem the stock may also crash as it is mostly dependent on it.
FAQs
For the question, there is no single answer. The answer depends on the type of investor you are. If you can take high risk for high profit it may be a good stock but if you are a safe investor. You should completely avoid the stock.
There is a huge risk in the stock because the company is in high debt and most of the business is two-wheeler or three-wheeler loan services. In case, if any govt policy or rules affect the two-wheeler or three-wheeler industry the stock can fall.
It is a good stock because it is a profitable company, continually making a profit, revenue is increasing, etc.
For the short term, the stock is bullish. On the listed day the stock price closes to a higher circuit due to the massive buying in the stock.
In this case, the stock usually goes up continually for a few days depending on the buying pressure. The Manba Finance share price target can also go near Rs. 165 to Rs. 170.
The PE Ratio (TTM) of Manba Finance is near 25.35 while the industry PE is around 28.67. Currently, the company PE is below the industry which means the stock price is not expensive.
On the other side, it is a penny stock. If you are a risky investor and you like the business model of the company they can consider the stock after your analysis.
Final Words
Manba Finance Ltd stock is a small-cap company that is engaged in the business of providing loans to two and three-wheeler vehicles, personal loans, and small business loans. As of now, it is a profitable company, and probably in the future the Manba Share price target for 2024, 2025, and 2026 can deliver good returns.
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