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Manappuram FinanceBOM:531213 +0.13%65 Net Margin % is 33.40% as of Jun. 2026, which is 1% above its 10-year median of 33.14. GuruFocus rates BOM:531213 with a GF Score™ of 65/100 and a GF Value™ of ₹209.71 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 537 Credit Services companies, Manappuram Finance ranks better than 65.18% on this metric.
Manappuram Finance (BOM:531213) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Manappuram Finance Net Margin % Related Terms
Manappuram Finance Net Margin % Historical Data
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The historical data trend for Manappuram Finance's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Credit Services subindustry, Manappuram Finance's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Manappuram Finance Net Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Manappuram Finance's Net Margin % distribution charts can be found below:
* The bar in red indicates where Manappuram Finance's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Manappuram Finance (BOM:531213) has a Net Margin % of 33.40% as of Jun. 2026. Net margin is the ratio of total net income to net sales. View historical data on Manappuram Finance and its competitors. This is near median its historical median of 33.14. Over the past decade, Manappuram Finance's Net Margin % has ranged from 18.20 to 41.87. According to the industry distribution chart, Manappuram Finance ranks #187 out of 537 companies in the Credit Services industry, placing it in the top 34.8%.
Is Manappuram Finance's Net Margin % too high?
Manappuram Finance's current Net Margin % of 33.40% is near median its 10-year median of 33.14. Over the past 10 years, this metric has ranged from a low of 18.20 to a high of 41.87. The Credit Services industry median Net Margin % is 15.34. Manappuram Finance's value of 33.40% is 117.7% above this industry median. Based on the distribution chart, Manappuram Finance ranks #187 out of 537 companies in the Credit Services industry, which is above the industry midpoint. Overall, Manappuram Finance has a GF Score™ of 65/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manappuram Finance's Net Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Manappuram Finance ranks #187 out of 537 companies for Net Margin %. This puts Manappuram Finance in the upper half of its industry. The industry median Net Margin % is 15.34. Manappuram Finance's value of 33.40% is 117.7% above this benchmark. Historically, Manappuram Finance's own Net Margin % has ranged from 18.20 to 41.87 over the past decade. While the company's 10-year median is 33.14 vs. the industry median of 15.34, Manappuram Finance has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Credit Services company?
The median Net Margin % among Credit Services companies is 15.34, based on 537 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manappuram Finance's current Net Margin % of 33.40% is 117.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Manappuram Finance and its competitors. For the Credit Services industry, the median Net Margin % is 15.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manappuram Finance's current Net Margin % is 33.40%, which is near median its own 10-year median of 33.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manappuram Finance stock overvalued right now?
Based on GuruFocus' analysis, Manappuram Finance (BOM:531213) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹209.71, compared to a current price of ₹348.95 — trading 66.4% above its estimated fair value. The current Net Margin % is 33.40%, which is near median its 10-year median of 33.14 and 117.7% above the Credit Services industry median of 15.34. Manappuram Finance's overall GF Score™ is 65/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Manappuram Finance (BOM:531213), the current Net Margin % is 33.40% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Manappuram Finance (BOM:531213) Overvalued in 2026?
Based on GuruFocus' analysis, Manappuram Finance stock appears to be overvalued.
The current stock price of ₹348.95 is trading 66.4% above its estimated GF Value™ of ₹209.71.
GuruFocus considers Manappuram Finance to be Significantly Overvalued.
Key valuation signals for BOM:531213:
Net Margin %: 33.40% (near median its 10-year median of 33.14)
GF Value™: ₹209.71 vs. price of ₹348.95 (66.4% above fair value)
Industry Position: 117.7% above the Credit Services median (#187 of 537)
No single metric tells the full story. See the BOM:531213 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Manappuram Finance Ltd is an Indian non-banking financial company. It is engaged in providing gold loans, microfinance, housing loans, and commercial vehicle loans. The company's products include SME loans, online gold loans, money transfers, domestic money transfers, foreign exchange, loans against property, depository services, and commercial vehicle loans. It also provides loans against a property to self-employed professionals, non-professionals, individuals/proprietorships, partnerships, and limited companies as well as commercial vehicle loans to first-time users, captive customers, fleet owners, and others. The company manages its business in the below segments namely Microfinance, Gold loan, and others. It generates maximum revenue from Gold loans and other segments.
65GF Score
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