Manappuram Finance Ltd - Company Profile
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Manappuram Finance Ltd (MFL) is a provider of non-banking financial solutions. Its offerings include a range of loan products such as gold loans, loans against property, personal loans, small and medium business loans, and commercial vehicle loans. The company mainly provides money exchange facilities, foreign exchange, domestic and international money transfer, depository services, and instant money transfer. MFL also offers services such as insurance, home loans, IT solutions, and microfinance, through its subsidiaries. The company operates through its branch network in several states and union territories in India. MFL is headquartered in Thrissur, Kerala, India.
Manappuram Finance Ltd premium industry data and analytics
Products and Services
Products | Services |
---|---|
Gold Loans | Money Transfer |
Insurance | Foreign Exchange Services |
Commercial Vehicle Loans | |
XYZ | |
XYZ | |
XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In October, Manappuram Finance India entered into a memorandum of understanding with JCB India Ltd for financing a range of their construction equipment. |
2023 | Stake Sale | In August, the company sold 3,00,000 equity shares to Elpro International. |
2023 | New Products/Services | In May, the company announced the introduction of an app called Ma-Money. |
Competitor Comparison
Key Parameters | Manappuram Finance Ltd | Bajaj Finserv Ltd | Mahindra & Mahindra Financial Services Ltd | Muthoot Finance Ltd | IIFL Finance Ltd |
---|---|---|---|---|---|
Headquarters | India | India | India | India | India |
City | Trichur | Pune | Mumbai | Ernakulam | Mumbai |
State/Province | Kerala | Maharashtra | Maharashtra | Kerala | Maharashtra |
No. of Employees | 31,928 | 105 | 26,329 | 27,273 | 33,910 |
Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Shailesh J. Mehta | Chairman | Executive Board | 2021 | - |
V.P. Nandakumar | Chief Executive Officer; Managing Director | Executive Board | 1992 | 69 |
Harshan Kollara | Director | Non Executive Board | - | - |
P. Manomohanan | Director | Non Executive Board | - | - |
V. R. Ramachandran | Director | Non Executive Board | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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