
Manappuram Finance Ltd
Past performance
About Manappuram Finance Ltd Manappuram Finance Limited, formerly Manappuram General Finance and Leasing Limited, is one of India's largest non-banking financial companies (NBFCs), primarily offering gold loans. Founded in 1992, the company has expanded its services to include microfinance, SME and commercial loans, affordable housing finance, vehicle and equipment finance, and insurance broking. It operates a vast network of over 5,000 branches across 28 states and 4 union territories, serving more than 5.09 million customers.
The company's subsidiaries include Asirvad Microfinance Limited, Manappuram Home Finance Limited, and Manappuram Insurance Brokers Limited. Manappuram Finance's consolidated assets under management (AUM) reached Rs 354,523 million in 2023, driven by significant growth in microfinance, housing finance, and vehicle finance sectors. With a strong market presence, diverse financial services, and continuous expansion, Manappuram Finance remains a prominent player in the Indian financial services industry.
Performance overview
