Manipal Finance Corporation Ltd (MNPLFIN) Share Price & Fundamentals

What we do

Manipal Finance Corporation Ltd focuses on recovery of dues and settling debts in the financial services sector, primarily within hire purchase and lease finance.

Founded in

1,984

Market share

Niche player with limited operational scale, facing industry challenges and a focus on recovery activities.

Problem solved

Addresses defaulted payments and debt recovery challenges for investors and lenders in the hire purchase and lease finance market.

Top clients or who we serve

Individual investors and corporate clients within financial services with a focus on debt recovery (B2B and B2C).

Key management

T Narayan M Pai - Managing Director; Srikara Mallya - Chief Financial Officer; Hari Shankar Shukla - Company Secretary

Our journey and innovations

Established in 1984; expanded branches in mid 1990s; shifted focus to recovery and debt settlement amid financial challenges.

Where we operate

Operations concentrated mainly in India with key presence in Manipal and select branches including Karnataka and Bombay.

Top products or what we offer

Hire purchase finance, lease finance, and focused recovery and settlement services of pending dues.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue is largely cyclical and driven by recovery and debt settlements, with limited recurring income.

Our industry position

A smaller player focusing on recovery, facing stiff competition and regulatory pressures in the NBFC sector.

Financial highlights

FY 2024-25 revenue Rs 7.36 crore; net profit Rs 7.24 crore; significant improvement from prior loss years; balance sheet normalization ongoing.

Geographical revenue split

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Order book

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Whats driving growth

Recovery efforts, improved borrowing capacity, reduced operational costs, and regulatory compliance drive recent profit turnaround.

Our future plans

Ongoing focus on debt recovery, operational cost optimization, and strengthening financial health; no new business lines planned.

Our green promise

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Our people and values

Small employee base of 2; culture emphasizes prudence, compliance, and focused financial recovery.

Key challenges ahead

Limited credit capacity, regulatory compliance, recovering NPA accounts, and competitive pressures in financial services.

Interesting facts

Completed 42 years of operations; fully transferred unclaimed debts to government funds; zero fraud reported.

Risks and strategy

Risks include NPAs and regulatory constraints; mitigation via stringent recovery actions and conservative financial management.