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2025-07-15 11:15:13 am | Source: Motilal Oswal Financial services Ltd
Neutral Manappuram Finance Ltd For Target Rs. 290 by Motilal Oswal Financial Services Ltd
Neutral Manappuram Finance  Ltd For Target Rs. 290 by Motilal Oswal Financial Services Ltd

* Expect gold AUM/consolidated AUM to grow ~15%/2% on a sequential basis.

* Expect credit costs to decline ~160bp QoQ to ~6.8%.

* Expect margin to contract ~15bp QoQ and spreads to decline ~20bp in the consolidated loan book.

* Commentaries on gold loan growth and asset quality in the MFI and PL segments are the key monitorables.

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