compare with
Manappuram Finance Ltd Finance (including NBFCs)
Market Cap.: ₹ 33,648.05 Cr.
Current Price: ₹ 794.00
Book Value: ₹ 295.54
Stock P/E: 12.64
Dividend Yield: 5.30%
Face Value: ₹ 2.00
– Stock is providing a good dividend yield of 5.30%.-
Company has good consistent profit growth of 96.24% over 5 years-
Company has a good return on equity (ROE) track record: 3 Years ROE 29.33%-
Company has been maintaining a healthy dividend payout of 63.28%
Cons:- Company has low interest coverage ratio.-
Promoter’s stake has decreased- Promoter holding is low: 24.05%
Lowest P/E in competitors
Very less expense business
high profit
Net Profit : 2662.53
compound sales: 22%
Profit growth 20%
Buy right now
No cash ?? what
Cash flow analysis
Gruh fin very costly stock
can fin : avg costly 25% growth demand
if price goes down
mortgage loan will increase with affordable housing
missed opportunity in dec
Repco Home Finance Ltd Housing Finance
Manappuram Finance Ltd Finance (including NBFCs)
Manappuram Finance Ltd Finance (including NBFCs)
look out for new opportunities
I think the group – Indiabulls is infamous for corporate governance issues. Aren’t their better opportunities in other HFC’s/Banks/NBFC’s?
Buffet once said that he invests only in high quality finance businesses because these businesses are highly leveraged. This leverage results in magnifying the quality of the management, both good and bad. So, I keep away from banks and NBFCs with corporate governance issues.
has acquired 40% stake in a UK bank, ‘OakNorth’, which is focused
My Path toward Value Investing 