Manba Finance has released the audio recording of its earnings conference call held on July 28, 2026, providing investors and analysts with insights into the company's unaudited standalone financial performance for the quarter ended June 30, 2026. The release ensures transparency and accessibility to key financial discussions regarding the first quarter of FY27. This disclosure allows stakeholders to review management commentary directly, supporting informed decision-making without relying solely on summarized reports.

The disclosure was made pursuant to Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory framework mandates timely dissemination of material information to ensure a level playing field for all market participants. By adhering to these guidelines, Manba Finance maintains compliance with SEBI's listing obligations, reinforcing its commitment to corporate governance standards.

Accessing the Earnings Call

The audio recording is hosted on the company's official website, ensuring easy access for all interested parties. Investors can navigate to the financial information section to listen to the detailed discussion covering revenue trends, profitability metrics, and operational updates for Q1FY27. The availability of the recording serves as a primary source for verifying the context behind the reported figures.

Regulatory Compliance and Governance

Bhavisha Jain, Company Secretary and Compliance Officer at Manba Finance, authorized the submission of this notice to both the National Stock Exchange of India Ltd. and BSE Limited. The filing underscores the company's procedural diligence in communicating with stock exchanges. The notice was timestamped on July 28, 2026, at 16:00:20 +05'30, confirming the promptness of the disclosure following the event.

What the Numbers Show

While the audio recording contains the detailed financial commentary, the filing itself confirms that the discussion centered on the unaudited standalone results for Q1FY27. The absence of specific numerical highlights in the press note directs investors to the call recording for granular data analysis. This approach emphasizes the importance of listening to the full context provided by management during the live session, rather than relying on fragmented data points.

Manba Finance reported a 36% year-on-year increase in net profit after tax (PAT) to ₹13.26 crore for the quarter ended June 30, 2026, signaling robust operational efficiency despite a marginal sequential dip in revenue. The Mumbai-based non-banking financial company (NBFC) also declared a first interim dividend of ₹0.25 per equity share, with the record date fixed for August 7, 2026, and payment scheduled on or before August 20, 2026. This development underscores the company’s ability to monetize its expanding asset base effectively while rewarding shareholders amidst growing competition in the vehicle finance sector.

The Board of Directors approved the unaudited financial results during a meeting held on July 27, 2026. The results were subjected to a limited review by the statutory auditors, Krshna & Associates, pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Additionally, the Board approved the Security Cover Certificate under Regulation 54 and confirmed that there were no deviations in the utilization of issue proceeds from non-convertible securities as per Regulation 52(7) and 52(7A). The trading window for designated persons will reopen from July 30, 2026.

Financial Performance

Total revenue from operations stood at ₹92.61 crore for Q1FY27, down slightly from ₹93.41 crore in Q4FY26 but up significantly from ₹67.00 crore in Q1FY26. Interest income, the primary revenue driver, rose to ₹85.12 crore from ₹63.04 crore in the corresponding quarter of FY26. Other operating income also increased sharply to ₹7.48 crore from ₹3.96 crore last year, contributing disproportionately more to total revenue (8%) compared to the previous quarter (1%).

Profit before tax was reported at ₹16.11 crore, compared to ₹16.94 crore in the preceding quarter. Total expenses remained stable at ₹76.50 crore. Finance costs increased to ₹43.52 crore from ₹32.39 crore in Q1FY26, while impairment on financial instruments rose to ₹7.91 crore from ₹4.34 crore in the same quarter last year. Disbursements grew 37% year-on-year to ₹2,263 million, reflecting strong demand across the core vehicle finance portfolio.

Asset Quality and Capital Adequacy

The company reported strong asset quality metrics, with Gross Stage 3 NPAs improving to 3.41% from 3.47% in the previous quarter, and Net Stage 3 NPAs declining to 2.52% from 2.64%. The capital adequacy ratio (CRAR) remained healthy at 24.40%, well above the regulatory minimum. Net worth rose to ₹4,230.88 lakh from ₹3,788.53 lakh in the previous year. Return on assets stood at 2.63%, while return on equity was recorded at 11.65%.

Krshna & Associates issued a security cover certificate confirming that all secured listed non-convertible debentures (NCDs) are fully secured by a first pari passu charge over freehold immovable properties, current assets, cash flows, and receivables. As of June 30, 2026, the company maintained asset cover exceeding 110% of the outstanding amount of listed secured redeemable NCDs, which totaled ₹4,315.00 lakh. Unsecured NCDs outstanding amounted to ₹2,000.00 lakh. The debt-equity ratio stood at 3.44.

Strategic Expansion and Dividend

The Board declared a first interim dividend of ₹0.25 per share for the financial year 2026-27. The record date for determining eligible shareholders is August 7, 2026, with payment scheduled on or before August 20, 2026. This applies to equity shares with a face value of ₹10 each.

Strategically, Manba Finance is expanding its geographic footprint beyond its core six-state base of Maharashtra, Gujarat, Rajasthan, Madhya Pradesh, Uttar Pradesh, and Chhattisgarh. The company entered South India through a partnership with Sreesastha (Nammaloan), beginning with operations in Karnataka and Tamil Nadu. Additionally, partnerships with AMU Leasing and SHFIN are deepening its electric-vehicle and rural lending reach. A new product, Battery Replacement Financing for electric three-wheelers, was launched to address recurring costs for e-rickshaw operators. The company also commenced disbursements under the MSME Loan Against Property (LAP) business, marking a strategic expansion into secured MSME lending. The dealer network has expanded to 1,784 partners, and the branch network now includes 134 locations.

What the Numbers Show

The divergence between the slight decline in total revenue and the robust 36% jump in net profit highlights improved operational efficiency. While interest income grew significantly, other operating income contributed disproportionately more in Q1FY27 (8% of revenue) compared to Q4FY26 (1% of revenue), suggesting better monetization of ancillary services. Despite higher finance costs, the net profit margin expanded to 17.39% in Q1FY27, maintaining stability against the 17.65% margin in Q1FY26. The improvement in NPA ratios alongside AUM growth indicates prudent credit underwriting during the expansion phase. With 40% of new loans extended to new-to-credit borrowers, the company is successfully penetrating underserved segments while maintaining industry-low NPAs.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE939X01013/2eea67bb299a46e3.pdf