Manba Finance Limited · NSE:MANBA
Manba Finance — FY2026 Earnings Presentation
31 slides from Manba Finance's earnings presentation, May 19, 2026
Slide 1: Regulation 30 cover letter to stock exchanges
May 19, 2026 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 Regulatio
Slide 2: Investor Presentation May 2026
INVESTOR PRESENTATION May 2026
Slide 3: Company Snapshot
Company Snapshot Manba Finance is a NBFC providing tailored AUM financial solutions for two wheelers, three wheelers, used Cars, small business loans and personal Loans INR 17,127 Mn Present across Present in 6 States & 29+ network of 1,500+ dealers spread across 130 Years of Experience locations CA
Slide 4: Financial Snapshot
Financial Snapshot Disbursement Per Disbursement Per Disbursements AUM Per Employee Employee Location Per Month INR 9,769 Mn INR 9.52 Mn INR 5.43 Mn INR 6.26 Mn Average Yield on Net Interest Income Net Interest Margin Cost of Borrowings Average AUM INR 1,616 Mn 13.63% 10.64% 22.85% Return on Asset (
Slide 5: FY26 Performance
FY26 Performance Total AUM Disbursement Net Interest Income Dealer Growth (28.6% Growth) (16.0% Growth) (24.3% Growth) (31.3% Growth) INR 17,127 Mn (FY26) INR 9,769 Mn (FY26) INR 1,616 Mn (FY26) 1,596 (FY26) INR 13,315 Mn (FY25) INR 8,424 Mn (FY25) INR 1,300 Mn (FY25) 1,216 (FY25) PAT GNPA NNPA Loca
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) 17,127 • Manba is a Non-Banking Finance Company offering financial solutions for new 2 Wheelers, 3 Wheelers, Electric
Slide 8: Journey So Far
Journey So Far AUM of our Company crossed 80,000 Employee lakhs as on strength of December 31, our Company 2023. crossed Expanded 1,000 Expanded the operations to employees. network to the state of Scaled up AUM of our AUM of our Opened more than 850 Madhya Company our Company Company AUM of our bra
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 • Agra* • Kanpur • Auraiya* • Kanpur Dehat* • Ayodhya • Kasganj * Geographical Presence • Barabanki • Lakhimpur • Bareilly • Lucknow • Budaun • Mathura • Etawah • Pilibhit * • Sitapur • Fatehpur • Pratapgarh • Sultanpur • Gonda • Prayagraj • Unnao • Gorakhpur • Raebareli • Hamirpur • R
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 FY23 FY24 FY25 FY26 Name of State the company's tech-driven customer focus Gujarat 169 228 294 323 • Dealers typically serve a the primary source for understanding customers' funding needs and they also guide customers on available Maharash
Slide 14: Sources of Funds
Sources of Funds Bank SFB Borrowings Distribution (INR Mn) 8,576 6,468 4,843 3,952 4,167 2,388 1,626 1,756 1,748 1,894 2,117 NBFC 267 FY23 FY24 FY25 FY26 Secured Term Loans NCD Others • Borrowed from 3 public sector banks, 10 private sector banks and 25 NBFCs 13
Slide 15: Stage-wise Assets and Provisions Overview
Stage-wise Assets and Provisions Overview Mar-26 Dec-25 Mar-25 Mar-26 Dec-25 Mar-25 Particulars (INR Mn) (INR Mn) (INR Mn) (INR Mn) % to GA % to GA % to GA Gross Assets 17,127 16,308 13,315 100.00% 100.00% 100.00% Stage 1 16,012 15,215 12,317 93.49% 93.30% 92.51% Stage 2 544 542 568 3.18% 3.32% 4.27
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 – Manba Finance Quadrant
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: Q4-FY26/FY26 Financial Overview
Q4-FY26/FY26 Financial Overview
Slide 22: Key Financials & Operational Highlights
Key Financials & Operational Highlights Q4-FY26 Financial Performance Operational Highlights • Disbursement, for the quarter INR 2,308 Mn, supported by continued expansion across Uttar Pradesh, Madhya Pradesh TOTAL REVENUE NII and Rajasthan. INR 934 Mn INR 498 Mn • Credit losses for the quarter rema
Slide 23: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q4-FY26 Q4-FY25 YOY Q3-FY26 QOQ Interest Income 924 661 39.8% 862 7.2% Less: Finance Cost 426 290 46.9% 421 1.2% Net Interest Income 498 371 34.2% 441 12.9% Fee & Other Income 10 19 (47.4)% 39 (74.4)% Total Income 508 390 30.3% 480 5.8% Operating
Slide 24: Annual Financial Performance
Annual Financial Performance Particulars (INR Mn) FY26 FY25 YOY Interest Income 3,135 2,378 31.8% Less: Finance Cost 1,519 1,078 40.9% Net Interest Income 1,616 1,300 24.3% Fee & Other Income 167 132 26.5% Total Income 1,783 1,432 24.5% Operating Expenses 1,168 931 25.5% Profit Before Tax 615 501 22
Slide 25: Financial Performance
Financial Performance Total Revenue (INR Mn) Net Interest Income (INR Mn) PAT (INR Mn) 454 3,302 1,616 378 1,300 2,510 312 1,916 865 1,338 684 166 FY 23 FY 24 FY25 FY26 FY 23 FY 24 FY25 FY26 FY 23 FY 24 FY25 FY26 AUM (INR Mn) Disbursements (INR Mn) ROE (%) & ROA (%) 17,127 15.55% 13,314 9,769 11.65%
Slide 26: Key Performance Indicators
Key Performance Indicators Capital Adequacy Ratio (%) Provision Coverage Ratio (%) Cost of Borrowings (%) 26.00% 24.00% 11.33% 29.81% 11.19% 27.00% 20.00% 10.80% 10.64% 24.56% 24.46% 16.00% FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26 Gross NPA (%) Net NPA (%) 3.74% 3.37% 3.23% 3.33%
Slide 27: Financial Overview
Financial Overview
Slide 28: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY23 FY24 FY25 FY26 Interest Income 1,250 1,684 2,378 3,135 Less: Finance Cost 566 819 1,078 1,519 Net Interest Income 684 865 1,300 1,616 Fee & Other Income 84 233 132 167 Total Income 768 1,098 1,432 1,783 Operating Expenses 540 711 931 1,168 Profit
Slide 29: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY23 FY24 FY25 FY26 Financial Assets Cash and Cash Equivalents 624 373 1,285 1.778 Bank Balance other than cash and cash equivalents 462 876 1,114 893 Loans 6,233 7,831 11,461 15,603 Investments 184 267 379 938 Other Financial Assets 93 122 157 342 Total
Slide 30: 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 31: Thank You
Thank You Manba Finance Ltd