Manappuram Finance Limited

Nbfc · Financial Services

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Methodology v1.0 Download Report (PDF)
Latest Rating
AA (CRISIL)
Total Debt Outstanding
₹6,302 Cr
Across 9 instruments
Listed Bonds
9
First Issue
2020-07-09
Latest Issue
2026-04-30
Maturity Range
2027 - 2034
Observation
9 active bonds tracked from this issuer.
View details →
Coverage: High Data Quality: High Sources: NSE, BSE, SEBI, rating agencies
01 Issuer Overview
Sector
Financial Services
Issuer Type
Nbfc
First Tracked Bond
2020-07-09
Start of this issuer's debt program timeline
  • 9 active bonds tracked from this issuer.
  • 8 of 9 tracked bonds with a stated security status are secured. (based on 9 bonds with a disclosed security status)
  • Most recent rating action: initial by CRISIL on 2026-07-31.

Operating in the financial services sector, Manappuram Finance Limited is classified as an NBFC. Bond coupons here span 8.00% - 9.50%, paid annual. The maturity ladder spans 2027 - 2034.

Data sourced from NSDL, BSE, NSE, and registered credit rating agencies. Verify against the issuer's offer document before transacting.

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02 Debt Profile
Outstanding Bonds
9
Tracked by RetailBonds
Amount Tracked
₹6,302 Cr
Of bonds tracked by RetailBonds — not the issuer's total outstanding debt
Avg Coupon
8.72%
Range 8.00% - 9.50%
Avg Remaining Tenure
3.5 Yrs
Nearest maturity 2027-12
Secured
88%
8 of 9 bonds with known status
Callable
1
Of 9 bonds
Avg Spread vs G-Sec
+271 bps
Credit premium (indicative)

Maturity Profile

Active bonds maturing, by year. Bar height relative to the tallest year (3 bonds).

0 2027: 2 bonds, ₹1,500 Cr tracked, avg coupon 8.07% 2 bonds 2027 2028: 3 bonds, ₹2,550 Cr tracked, avg coupon 8.59% 3 bonds 2028 2030: 1 bond, ₹127 Cr tracked, avg coupon 9.50% 1 bond 2030 2033: 2 bonds, ₹2,100 Cr tracked, avg coupon 9.23% 2 bonds 2033 2034: 1 bond, ₹25 Cr tracked, avg coupon 8.60% 1 bond 2034

Security Type / Instrument Mix

  • NCD 9 bonds · 100% · ₹6,302 Cr tracked

Funding Evolution

■ Issued that year — Cumulative outstanding (tracked)
2020: ₹127 Cr issued 2020 2021: ₹600 Cr issued 2021 2023: ₹1,100 Cr issued 2023 2024: ₹25 Cr issued 2024 2025: ₹1,500 Cr issued 2025 2026: ₹2,950 Cr issued 2026 Cumulative: ₹127 Cr Cumulative: ₹727 Cr Cumulative: ₹1,827 Cr Cumulative: ₹1,852 Cr Cumulative: ₹3,352 Cr Cumulative: ₹6,302 Cr

Based on 9 of 9 active bonds with a known issue date and issue size.

Financial Snapshot

FY26
Revenue from Operations
₹7,642.72 Cr
 
Net Profit / Loss
₹1,524.65 Cr
 
Profit Before Tax
₹2,039.22 Cr
 

As filed under SEBI LODR Reg 52(4) / Integrated Filing, filed 22 Jul 2026. Figures are reported facts, not a rating or recommendation.

03 Credit Profile
  • AA 9 bonds · 100%
AgencyRatingOutlookBonds
CRISIL AA 4
CRISIL AA Stable 3
CARE AA 2

Rating History (Trend)

AAA AA A BBB Below BBB Unrated CRISIL: AA on 2026-06-16 CRISIL: AA on 2026-07-31
Jun 26 — Jul 26 CRISIL

Recent Rating Actions

2026-07-31 · CRISIL
AA
Initial · Stable
2026-06-16 · CRISIL
AA
Reaffirmed · Stable
04 Outstanding Bonds View all bonds →
ISIN Bond Name Coupon Rating Maturity YTM Last Trade
INE522D07CI5 MPFL-8%-15-12-27-PVT 8.00% AA (CRISIL) 2027-12-15
INE522D07CJ3 MPFL-8.15%-30-12-27-PVT 8.15% AA (CRISIL) 2027-12-30 8.54% 2026-08-19
INE522D07BX6 MFL-8.57%-28-1-28-PVT 8.57% AA (CRISIL) 2028-01-28
INE522D07CK1 8.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 24/03/2028 8.60% AA (CRISIL) 2028-03-24 8.65% 2026-07-24
INE522D07CL9 8.60% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 27/03/2028 8.60% AA (CRISIL) 2028-03-27
INE522D07BN7 MFL-9.5%-9-7-30-PVT 9.50% AA (CRISIL) 2030-07-09
INE522D07CC8 9.22% SECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURES DATE OF MATURITY 13/03/2033. 9.22% AA (CARE) 2033-03-13
INE522D08014 9.25% UNSECURED RATED LISTED REDEEMABLE NON CONVERTIBLE DEBENTURE DATE OF MATURITY 07/04/2033 9.25% AA (CARE) 2033-04-07
INE522D07CG9 MFL-8.6%-28-3-34-PVT 8.60% AA (CRISIL) 2034-03-28
Compare (/) Compare Bonds

YTM and Last Trade depend on secondary-market volume — shown only for bonds with a recorded BSE/NSE trade.

05 Market Activity

Last 30 days, across all outstanding bonds from this issuer.

Traded Value (Last 30 Days)
₹0.0 Cr
Number of Trades (Last 30 Days)
3
Avg. Yield (Last 30 Days)
8.54%
06 Regulatory Filings
Credit Rating Rationale
07 Methodology & Data Coverage
DatasetCountFreshness
Credit Ratings (current) 9 2026-03-18
Rating Actions History 2 2026-07-31
Secondary-Market Trades 6 2026-08-19
Reg52(4) Payment Disclosures 0

Methodology version 1.0. See full methodology for sources and limitations.

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Frequently Asked Questions
How many active bonds does Manappuram Finance Limited have?

Manappuram Finance Limited currently has 9 active bonds with coupons 8.00% - 9.50%, maturities spanning 2027 - 2034.

What is Manappuram Finance Limited's credit rating?

The most recent rating on Manappuram Finance Limited's bonds is AA (CRISIL), published by CARE, CRISIL.

Are Manappuram Finance Limited's bonds secured?

Of the 9 bonds with a disclosed security status, 8 are secured (88%) and 1 are unsecured.

When do Manappuram Finance Limited's bonds mature?

Manappuram Finance Limited's active bonds mature between 2027 - 2034; the nearest matures in 2027-12; the average tenure is 3.5 Yrs.

What is the average coupon on Manappuram Finance Limited's bonds?

The average coupon across Manappuram Finance Limited's 9 active bonds is 8.72%.

Disclaimer: This page aggregates publicly available data about Manappuram Finance Limited for informational purposes only. Ratings shown are the opinion of the issuing rating agency and are not buy/sell recommendations. RetailBonds.in does not issue its own ratings or investment advice. Verify all data against the issuer’s offer document before transacting.