Manba FinanceNSE:MANBA +0.51%38 Net Margin % is 12.05% as of Mar. 2026, which is 13% below its 10-year median of 13.87. GuruFocus rates NSE:MANBA with a GF Score™ of 38/100. The stock has 4 warning signs investors should review. Among 534 Credit Services companies, Manba Finance ranks better than 50% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Manba Finance's Net Income for the
three
months ended in Mar. 2026 was ₹111 Mil. Manba Finance's Revenue for the
three
months ended in Mar. 2026 was ₹924 Mil. Therefore, Manba Finance's net margin for the quarter that ended in Mar. 2026 was 12.05%.
The historical rank and industry rank for Manba Finance's Net Margin % or its related term are showing as below:
NSE:MANBA'
s Net Margin % Range Over the Past 10 Years
Min: 9.69 Med: 13.87 Max: 18.52
Current: 14.54
NSE:MANBA's Net Margin % is ranked better than 50% of 534
companies
in the Credit Services industry
Industry Median: 14.52
vs NSE:MANBA: 14.54
Manba Finance (NSE:MANBA) 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.
Manba Finance Net Margin % Related Terms
Manba Finance Net Margin % Historical Data
* Premium members only.
The historical data trend for Manba 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, Manba 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.
Manba Finance Net Margin % vs Credit Services Industry
For the Credit Services industry and Financial Services sector, Manba Finance's Net Margin % distribution charts can be found below:
* The bar in red indicates where Manba 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.
Manba Finance (NSE:MANBA) has a Net Margin % of 12.05% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Manba Finance and its competitors. This is 13% below median its historical median of 13.87. Over the past decade, Manba Finance's Net Margin % has ranged from 9.69 to 18.52. According to the industry distribution chart, Manba Finance ranks #267 out of 534 companies in the Credit Services industry, placing it in the top 50%.
Is Manba Finance's Net Margin % too high?
Manba Finance's current Net Margin % of 12.05% is 13% below median its 10-year median of 13.87. Over the past 10 years, this metric has ranged from a low of 9.69 to a high of 18.52. The Credit Services industry median Net Margin % is 14.52. Manba Finance's value of 12.05% is 17% below this industry median. Based on the distribution chart, Manba Finance ranks #267 out of 534 companies in the Credit Services industry, which is above the industry midpoint. Overall, Manba Finance has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Manba Finance's Net Margin % compare to V and MA?
According to the Credit Services industry distribution chart, Manba Finance ranks #267 out of 534 companies for Net Margin %. This puts Manba Finance in the upper half of its industry. The industry median Net Margin % is 14.52. Manba Finance's value of 12.05% is 17% below this benchmark. Historically, Manba Finance's own Net Margin % has ranged from 9.69 to 18.52 over the past decade. While the company's 10-year median is 13.87 vs. the industry median of 14.52, Manba Finance has consistently been below 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 14.52, based on 534 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. Manba Finance's current Net Margin % of 12.05% is 17% below 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 Manba Finance and its competitors. For the Credit Services industry, the median Net Margin % is 14.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manba Finance's current Net Margin % is 12.05%, which is 13% below median its own 10-year median of 13.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manba Finance stock overvalued right now?
Manba Finance (NSE:MANBA) has a current Net Margin % of 12.05%. The current Net Margin % is 12.05%, which is 13% below median its 10-year median of 13.87 and 17% below the Credit Services industry median of 14.52. Manba Finance's overall GF Score™ is 38/100 with 4 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 Manba Finance (NSE:MANBA), the current Net Margin % is 12.05% as of Mar. 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.
Manba Finance Ltd is a non-banking finance company offering financial solutions for new two-wheelers, three-wheelers, electric two-wheelers, electric three-wheelers, used cars, small business loans, and personal loans. The company's target customers are mainly employees and the self-employed. The company has branches in urban, semi-urban, and metropolitan cities and towns, serving the surrounding rural areas. It has established relationships with more than 1,100 dealers, including more than 190 EV dealers in Maharashtra, Gujarat, Rajasthan, Chhattisgarh, Madhya Pradesh, and Uttar Pradesh.
38GF Score
Get the complete analysis for NSE:MANBA
Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:MANBA has been successfully added to your 
