Manba Finance Ltd (MFL) specializes in Two-Wheeler Financing, Used Two-Wheeler Financing, and Used Car Financing. It has also expanded into Personal Loans and Inventory Funding for two-wheeler dealers.
Sector Focus
Finance (NBFC)
Highest Credit Rating
BBB+ Stable by CARE
Listing (Debt)
BSE
Date of NBFC License by RBI
1996
Business & Products
Promoter
KMP
Bonds
Financial
Credit Rating
Top Lenders
Strength & Weakness
News & Announcement
Business & Products
EV 2W Loans, 2W Loans, Pre owned car Loan, 3W Loan
Promoter
Mr. Manish K. Shah
Key Management Personnel
Mr. Monil Manish Shah
Whole Time Director and Chief Business
Mr. N. R. Parameswaran
Chairperson & Independent Director
Mr. Jay Khushal Mota
Whole Time Director and CFO
Mr. Manish Kiritkumar Shah
MD
Bonds issued by Manba Finance Limited
Financial Performance
Particulars
FY25 (₹ in cr)
FY24 (₹ in cr)
AUM
1331.4
939.6
NNPA%
2.45
2.70
CRAR%
29.81
24.56
REVENUE
142.6
109.8
PAT
37.8
31.2
GNPA%
3.23
3.37
Net Worth
368.8
200.6
Credit Rating
Credit Rating Agency
Rating
Rating Outlook
Date
CARE Ratings
BBB+
Stable
--
Top Lenders to Manba Finance Limited
State Bank of India
IDFC FIRST Bank Limited
ICICI Bank Limited
Northern Arc
Bajaj Finserv
IndusInd Bank
Strength
Strong experience in two-wheeler financing
Improving scale of operations along with adequate profitability metrics