BusinessGourab Patra05 May 2026
Valapad, Kerala, May 5: Manappuram Finance Ltd announced its financial results for the quarter ended March 31, 2026 (Q4 FY26), reporting strong growth in profitability and assets under management (AUM).
The company recorded a significant rise in consolidated Profit After Tax (PAT), which stood at ₹405 crore for the quarter, marking a sharp turnaround compared to a loss in the same period last year. On a sequential basis, PAT grew by 69.7%.
AUM grew by 22.4% to ₹63,798 crore during the quarter, reflecting robust business momentum. For the full financial year FY26, total AUM registered a growth of 48.3% compared to the previous fiscal.
The gold loan segment remained the key growth driver, with gold loan AUM reaching ₹50,953 crore, nearly doubling year-on-year. Non-gold loan businesses contributed 20.1% to the overall AUM, indicating gradual diversification.
The company’s microfinance arm, Asirvad Microfinance, reported a profit of ₹13 crore during the quarter, while income from operations rose 10.7% year-on-year to ₹2,614 crore.
Operationally, Manappuram Finance continued to expand its footprint, with branch count increasing to 5,340 and employee strength reaching 42,100 in Q4 FY26.
Commenting on the performance, V. P. Nandakumar, Chairman and Managing Director, said the company delivered strong growth despite macroeconomic challenges such as high gold prices, geopolitical tensions, and market volatility. He highlighted that the gold loan business benefited from rising credit demand, while asset quality improved with a notable reduction in NPAs.
Established in 1992, Manappuram Finance is one of India’s leading gold loan NBFCs, headquartered in Kerala, with a long-standing legacy in gold-backed lending and a growing presence across diversified financial services.