Manba Finance Limited · NSE:MANBA
Manba Finance — Investor Presentation (November 2025)
27 slides from Manba Finance's investor presentation, Nov 19, 2025
Slide 1: Regulation 30 cover letter to stock exchanges
November 19, 2025 To, To, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra-Kurla Complex, Dalal Street, Fort Bandra (East), Mumbai - 400 051 Mumbai- 400 001 Scrip Symbol: MANBA Scrip Code: 544262 Sub: Investor Presentation under Regu
Slide 2: Investor Presentation November 2025
INVESTOR PRESENTATION November 2025
Slide 3: Company Snapshot
Company Snapshot Manba Finance is a NBFC providing tailored AUM INR 15,008 Mn financial solutions for two wheelers, three wheelers, used Cars, small business loans and personal Loans Present across 103 Present in 6 States & 28+ locations with a spread across 103 Years of Experience network of 1,250+
Slide 4: Financial Snapshot
Financial Snapshot Disbursement Per Disbursement Per Disbursements AUM Per Employee Employee Location Per Month INR 3,983 Mn^ INR 8.70 Mn^ INR 2.31 Mn^ INR 3.25 Mn^ Average Yield on Net Interest Income Net Interest Margin Cost of Borrowings Average AUM INR 682 Mn^ 12.56% ^ 10.67%^ 23.34%^ Return on
Slide 5: H1-FY26 Performance
H1-FY26 Performance Total AUM Disbursement Net Interest Income Dealer Growth (36 % Growth) (16 % Growth) (23% Growth) (24 % Growth) INR 15,008 Mn (H1-FY26) INR 3,983 Mn (H1-FY26) INR 682 Mn (H1-FY26) 1,393 (H1-FY26) INR 11,069 Mn (H1-FY25) INR 3,448 Mn (H1-FY25) INR 555 Mn (H1-FY25) 1,125 (H1-FY25)
Slide 6: Company Overview
Company Overview 5
Slide 7: Company Overview
Company Overview • Established in the year 1996, Manba Finance Limited (Manba) was founded by Mr. Manish Shah, a first-generation entrepreneur. Total Revenue (INR Mn) & AUM (INR Mn) • Manba is a Non-Banking Finance Company offering financial solutions for new 2 15,008 Wheelers, 3 Wheelers, Electric
Slide 8: Journey So Far
Journey So Far Employee 30,000 strength of customers our Company onboarded crossed during the Launched new 1,000 months of products such employees. AUM of our September, as Small Scaled up AUM of our AUM of our Opened Company October and Business our Company Company AUM of our branch in Launched cro
Slide 9: Board Of Directors
Board Of Directors Manish Kirit Nikita Manish Shah Monil Manish Shah Jay Khushal Mota Abhinav Sharma Neelam Tater Nallepilly Ramaswami Sujay Jagani Kumar Shah Whole Time Whole Time Director Whole Time Director Independent director Independent director Parameswaran Independent Director Managing Direc
Slide 10: Geographical Presence
Uttar Pradesh Geographical Presence • Ayodhya • Barabanki • Bareilly • Pratapgarh • Etawah • Prayagraj • Fatehpur • Raebareli • Gonda • Sultanpur • Hamirpur • Sitapur Uttar Pradesh • Hardoi • Lakhimpur • Lucknow Rajasthan RAJASTHAN • Ajmer • Alwar Madhya Pradesh • Bhilwara • Betul • Bikaner • Dhar •
Slide 11: Business Overview
Business Overview
Slide 12: Product Portfolio
Product Portfolio TWO-WHEELER LOANS THREE-WHEELER LOANS USED CAR LOANS SMALL BUSINESS LOANS PERSONAL LOANS (MANBA VYAPAAR LOANS) (TOPUP LOANS) • TARGET CUSTOMERS • TARGET CUSTOMERS • TARGET CUSTOMERS • TARGET CUSTOMERS • TARGET CUSTOMERS Focus on customers purchasing Focus on customers purchasing As
Slide 13: Dealer Network
Dealer Network • Ensuring swift KYC handling and showcasing FY 23 FY 24 FY25 H1-FY26 Name of State the company's tech-driven customer focus Gujarat 169 228 294 303 • Dealers typically serve a the primary source for understanding customers' funding needs and they also guide customers on available Mah
Slide 14: Sources of Funds
Sources of Funds Bank SFB Borrowings Distribution (INR Mn) 7,470 6,468 4,845 3,952 4,167 2,388 1,626 1,756 2,366 1,748 1,894 NBFC 267 FY23 FY24 FY25 H1-FY26 Secured Term Loans NCD Others • Borrowed from 3 public sector banks, 10 private sector banks and 25 NBFCs • Raised INR 170 crores through NCDs
Slide 15: Stage-wise Assets and Provisions Overview
Stage-wise Assets and Provisions Overview Sep-25 Jun-25 Sep-24 Sep-25 Jun-25 Sep-24 Particulars (INR Mn) (INR Mn) (INR Mn) (INR Mn) % to GA % to GA % to GA Gross Assets 15,008 14,154 11,069 100% 100% 100% Stage 1 13,927 13,124 10,253 92.80% 92.72% 92.63% Stage 2 552 538 479 3.68% 3.80% 4.33% Stage 3
Slide 16: Strong Enterprise Foundation
Strong Enterprise Foundation DIVERSIFIED AND COST EFFECTIVE MAINTENANCE OF TECHNOLOGY DRIVEN & SCALABLE LONG TERM BORROWINGS COMPANY’S ASSET QUALITY OPERATING MODEL • Diversified sources such as • 400+ personnel for • RM platform for business term loans & cash credit collection operations with all f
Slide 17: Technology Driven Operating Model
Technology Driven Operating Model – Manba Finance Quadrant End-to-end solution In-house software Includes various Integrated with Collection process covering customer suite of products modules like lead payment is managed on a onboarding through catering to Loan monitoring, straight gateways like ma
Slide 18: Robust Collection And Monitoring Mechanism
Robust Collection And Monitoring Mechanism Continuous monitoring where customers are reminded of their payment schedules through text messages and to maintain adequate balance on the due date In-house legal department to initiate legal proceedings, for the purposes of recovering the amounts due from
Slide 19: Strong Branding & Marketing Initiatives
Strong Branding & Marketing Initiatives Sell and market Vehicle loan products through communication channels like digital marketing, mass media like radio, in-store branding, hoardings, organizing and sponsoring celebrity events and religious festivals Organizing dealer conferences and get together
Slide 20: Business Strategies
Business Strategies Increasing Penetration In Investing in Technology Growing 2WS/ 3WS/ EV2WS/ Enhancing Brand Recall To Existing Markets & Diversifying and Digitization EV3WS Market Attract New Customers Into New Markets • Launch of a web-based app for • Initiatives to increase the business corresp
Slide 21: Financial Overview
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Slide 22: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY23 FY24 FY25 H1-FY26 Interest Income 1,250 1,684 2,369 1,354 Less: Finance Cost 566 819 1,078 672 Net Interest Income 684 865 1,291 682 Fee & Other Income 84 233 135 112 Total Income 768 1,098 1,426 794 Operating Expenses 540 711 925 520 Profit Befo
Slide 23: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 H1-FY26 Financial Assets Cash and Cash Equivalents 624 373 1,285 2,861 Bank Balance other than cash and cash equivalents 462 876 1,114 1,127 Loans 6,233 7,831 11,461 13,719 Investments 184 267 379 755 Other Financial Assets 93 122 157 159
Slide 24: Financial Performance
Financial Performance Total Revenue (INR Mn) Net Interest Income (INR Mn) PAT (INR Mn) 1,291 378 2,504 312 1,916 865 1,466 684 682 211 1,338 166 FY 23 FY 24 FY25 H1-FY26 FY 23 FY 24 FY25 H1-FY26 FY 23 FY 24 FY25 H1-FY26 AUM (INR Mn) Disbursements (INR Mn) ROE (%) & ROA (%) 8,424 15.6% 15,008 13,314
Slide 25: Key Performance Indicators
Key Performance Indicators Capital Adequacy Ratio (%) Provision Coverage Ratio (%) Cost of Borrowings (%) 24.00% 24.00% 11.33% 29.81% 11.19% 27.00% 26.54% 20.00% 10.80% 10.67% 24.56% 16.00% FY23 FY24 FY25 H1-FY26 FY23 FY24 FY25 H1-FY26 FY23 FY24 FY25 H1-FY26 Gross NPA (%) Net NPA (%) 3.74% 3.37% 3.5
Slide 26: Disclaimer
Disclaimer Manba Finance Ltd No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not c
Slide 27: Thank You
Thank You Manba Finance Ltd
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