Buy Manappuram Finance, target price Rs 147: ICICI Securities

ICICI Securities has buy call on Manappuram Finance with a target price of Rs 147. The current market price of Manappuram Finance is Rs 97.75.

Manappuram Finance Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 8281.97 Crore) operating in NBFC sector.

Manappuram Finance Ltd. key Products/Revenue Segments include Interest, Other Operating Revenue, Fees & Commission Income for the year ending 31-Mar-2022.



Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 1502.73 Crore, up .77 % from last quarter Total Income of Rs 1491.31 Crore and down -4.51 % from last year same quarter Total Income of Rs 1573.74 Crore. Company reported net profit after tax of Rs 281.92 Crore in latest quarter.