anticipating robust performance from Manappuram in the upcoming earnings report, especially with the NBFC sector demonstrating a consistent 7-11% quarter-on-quarter growth trend. Expecting revenues to surpass 2300 crores and profits to exceed 600 crores. If all factors align, there is a possibility of witnessing a reevaluation of the share price.
The festive and marriage season is anticipated to further bolster the company’s growth trajectory. Positive results in line with the aforementioned projections would yield an earnings per share (EPS) of 7 for the current quarter. Assuming a sustained growth pattern, the EPS for the next fiscal year is projected to surpass 26 on an annual basis.
Manappuram appears undervalued in comparison to its peers such as IIFL Finance and Muthoot, considering various parameters including market capitalization to sales ratio, price-to-earnings ratio, and others.
| Subscribe To Our Free Newsletter |
