Manappuram Finance Q2 Results Date FY27: 12 Nov, Base

Earnings · NBFC and Gold Loans

The Manappuram Finance Q2 results date is Thursday, 12 November 2026. Here are the low year-ago base, the Q1 FY27 jump, the gold-loan growth, the microfinance check and the dividend question.

Updated: Thursday, 12 November 2026, 9:50 AM IST  |  Reading time: 22 min  |  Next update: Thursday, 12 November 2026, after the board meeting and filing

Latest update (Thursday, 12 November 2026, 9:50 AM IST): CompoundingAI reports that the board meets on 12 November to approve standalone and consolidated results and to consider an interim dividend, with an earnings call at 5 pm hosted by Motilal Oswal. I found no results time, dividend amount, analyst consensus or published results at the time of writing.

In plain words: Manappuram Finance is a non-banking finance company best known for loans against gold. Its profit depends on how much it lends, the interest margin it earns and how much it sets aside for loans that may go bad.

Data note: Figures are as of 12 November 2026, 9:50 AM IST. They follow Kotak Neo, Free Press Journal, HDFC Sky and CompoundingAI. I could not open the company filings, so quarterly figures are headline-level and some are from summaries. Derived numbers are my calculation. I found no analyst consensus for Manappuram Q2.

When is the Manappuram Finance Q2 results date, and at what time will it be announced?

The Manappuram Finance Q2 results date is Thursday, 12 November 2026, according to CompoundingAI. The board will approve standalone and consolidated results for the quarter and half-year ended 30 September 2026 and consider an interim dividend. An earnings call is reported for 5 pm.

CompoundingAI says the board meeting time is not stated and that Motilal Oswal Financial Services hosts the call at 5:00 pm IST on 12 November. The call time is not the results time, which I did not find. Companies must report within 45 days of the quarter-end, which makes Saturday, 14 November the legal limit (my calculation). Last year the Q2 results came on 30 October 2025, so this year’s date is later.

Manappuram Finance Q2 results date: what each source says

Cite this table: Manappuram Finance Q2 results date status, as of 12 November 2026, 9:50 AM IST, PositionalCalls.

See the Q2 results hub for other reporters, and Bajaj Finance for another lender.

Why the day matters for the Manappuram Finance Q2 results date

Q1 FY27 profit rose more than fourfold from a weak year-ago quarter, so Q2 shows whether the higher level holds against another low base. The Q2 FY26 comparison is easy, which is why the level against Q1 FY27 matters as much as the growth rate (my reading, not a forecast).

What is the profit base Manappuram Finance has to beat in Q2 FY27?

The Q2 FY26 base is consolidated net profit of Rs 217.31 crore, down 62% from Rs 572.08 crore a year earlier, on total income of Rs 2,285.36 crore. The board declared a second interim dividend of Rs 0.50 with a 7 November 2025 record date.

Cite this table: Manappuram Finance Q2 FY26 base, consolidated, as reported by HDFC Sky.

The year-ago profit fell 62% in Q2 FY26, so growth rates for Q2 FY27 will be measured against a low number. The 62% fall ties to the figures, because Rs 217.31 crore is 38.0% of Rs 572.08 crore (my calculation). I did not find the Q2 FY26 NII or AUM in the sources I opened, so those lines are shown as not found.

Standalone and consolidated: two different profit numbers

Manappuram reports both standalone and consolidated results, and they differ: for Q1 FY27 the consolidated profit was Rs 585 crore and the standalone profit Rs 551.8 crore (Kotak Neo; Free Press Journal). Standalone is the parent only; consolidated adds subsidiaries such as Asirvad Microfinance. Use the same basis on both sides of any comparison.

What did Manappuram Finance report in Q1 FY27, the nearest mark?

In Q1 FY27 Manappuram reported consolidated profit of Rs 585 crore, up 341.4%, NII of Rs 1,759 crore, up 25%, and AUM of Rs 69,635 crore, up 57.2%. Standalone profit was Rs 551.8 crore, up 41%. A Rs 1 interim dividend was declared.

Cite this table: Manappuram Finance Q1 FY27 as reported; basis labelled in each row.

Some of these tie. Gold loan AUM of Rs 57,006 crore is about 81.9% of AUM of Rs 69,635 crore (my calculation). Rs 584.77 crore divided by 4.414 gives a Q1 FY26 consolidated profit of about Rs 132.5 crore, and dividing by 1.4446 gives about Rs 404.8 crore for Q4 FY26 (my calculation from the reported growth rates). Kotak Neo’s EPS of Rs 24.4 does not tie: standalone EPS of Rs 4.47 implies about 123.4 crore shares (Rs 551.8 crore divided by Rs 4.47), and Rs 584.77 crore over that is about Rs 4.74. I do not use the Rs 24.4 figure.

Segments in Q1 FY27

Cite this table: Manappuram Finance segments, Q1 FY27, per Kotak Neo; not checked against the investor presentation.

Will Manappuram Finance declare an interim dividend, and what is the record date?

The 12 November agenda says the board will consider an interim dividend, with no amount stated. In August 2026 the board declared Rs 1 a share with a 17 August record date. Last November it was Rs 0.50 with a 7 November 2025 record date.

Cite this table: Manappuram Finance dividend history as reported; the 12 November decision is unknown.

The latest price I found is Rs 360.0 on the NSE at the 11 August 2026 close, down 2.52% (Kotak Neo). I did not find a later close, so check the exchange for a current quote. Dividends are taxed in the investor’s hands; see dividend tax in India.

What drives Manappuram’s Q2 numbers: gold loans, provisions and microfinance?

Four lines drive the quarter: gold loan growth, the interest margin, provisions for bad loans and the microfinance arm. In Q1 FY27 provisions fell nearly 60% to Rs 225 crore while AUM rose 57.2%.

Cite this table: Manappuram Finance driver checklist, PositionalCalls; figures from Kotak Neo and CompoundingAI.

CompoundingAI lists items to watch: gold AUM growth against management’s 25% to 30% FY27 guidance after about 12% growth in Q1, whether provisions stay at a normalised level, Asirvad’s compliance with RBI microfinance norms, branch additions of about 500 in FY27 and the Rs 1,644.35 crore of unreceived Bain Capital warrant money. It also reports that Ashish Singh becomes MD and CEO on 1 January 2027 and V.P. Nandakumar becomes non-executive chairperson. These are third-party summaries that I could not check against filings.

Items to check in the Q2 filing

• Consolidated and standalone profit against Rs 217.31 crore and Rs 585 crore.
• Gold loan AUM against Rs 57,006 crore, and total AUM against Rs 69,635 crore.
• Provisions against Rs 225 crore.
• Asirvad profit and gross NPA against Rs 21 crore and 4.8%.
• The dividend amount and record date.

Sequential figures, with care

Provisions of Rs 225 crore were about 22% of pre-provisioning profit of Rs 1,007 crore in Q1 FY27 (my calculation). The gap of Rs 782 crore is before tax and other items, so it is not a profit figure.

What would different Manappuram Q2 outcomes look like in numbers?

A Q2 consolidated profit of Rs 400 crore would be 84.1% above the Rs 217.31 crore base and 31.6% below Q1 FY27. These are arithmetic illustrations, not forecasts.

Cite this table: Manappuram Finance Q2 FY27 profit arithmetic, my calculation. Levels are illustrations, not forecasts.

Three worked examples for the Manappuram Finance Q2 results date

Example 1, Q1 level held. A profit of Rs 584.77 crore would be 2.69 times the base (my calculation).

Example 2, partial fall. A profit of Rs 400 crore would be 84.1% above the base but 31.6% below Q1.

Example 3, low case. A profit of Rs 300 crore would be 38.1% above the base and 48.7% below Q1 (my calculation).

How do I read the Manappuram Finance results on results day?

On results day read, in this order: consolidated profit against Rs 217.31 crore and Rs 585 crore, gold loan AUM and total AUM, NII, provisions, Asirvad asset quality, then the dividend.

Cite this table: Manappuram Finance results-day reading order, PositionalCalls.

Compare like with like: use the consolidated lines against the consolidated marks and the standalone lines against the standalone marks.

How do I read the Manappuram filing and avoid fake alerts?

On results day, open the NSE or BSE announcement for Manappuram Finance, not a link in a message, and read the results table first. Treat any tip that asks for an OTP, payment or login as fake.

1. Open the exchange announcement page for Manappuram Finance Limited.
2. Read the unaudited standalone and consolidated results for the quarter ended 30 September 2026.
3. Note profit, provisions and any exceptional items.
4. Compare with Rs 217.31 crore and Rs 585 crore.
5. Read the dividend decision and record date.
6. Check the investor presentation for AUM and gold loan growth.

PositionalCalls is not SEBI-registered, gives no buy or sell calls and never asks for payment. Nothing here is investment advice.

What do most people miss about the Manappuram Finance Q2 results?

Around the Manappuram Finance Q2 results date, most readers miss that the year-ago base is very low, that standalone and consolidated profits differ, that one EPS figure does not tie and that no consensus was found.

A last point on sources. Several figures here come from news summaries and a third-party preview, and these can differ from the filing: Rs 585 crore and Rs 551.8 crore both describe Q1 FY27 profit, on different bases. Before using any number in a decision, open the exchange filing, check whether it is standalone or consolidated and note the date of the report. I list each source with its date below so the comparison can be repeated.

Another habit worth keeping is to write down the three or four numbers you care about before the filing appears, such as profit, AUM and provisions, so you can read the result against your own checklist and not against the headline. Headlines tend to pick the largest percentage change, which for a company with a low base can look dramatic even when the rupee change is modest. The rupee figure and the base it is measured against tell the fuller story.

If a figure on this page changes after the filing, the Updated date at the top will change too, and the Latest update line will say what moved. Previews like this one are converted into results pages once the numbers are out, so the comparison tables are kept and the year-ago base stays visible next to the new figures.

Finance companies also differ from manufacturers in how profit is built: interest income arrives from loans, while the cost of borrowing, provisions for bad loans and operating expenses are deducted before profit. That is why a lender’s profit can swing sharply when provisions change even if the loan book grows at the same pace. Reading provisions next to profit, and not profit alone, avoids a misleading picture of a good or a bad quarter.

Manappuram Finance Q2 results date: frequently asked questions

Sources

• NSE India: corporate announcements: where the results will appear.
• BSE India: corporate announcements: the results filing.
• CompoundingAI: Manappuram Finance Q2 FY27 preview: date, call and Q1 details.
• Kotak Neo: Manappuram Finance Q1 FY27 results, 12 August 2026.
• Free Press Journal: Manappuram standalone Q1 FY27, August 2026.
• HDFC Sky: Manappuram Finance Q2 FY26 net profit, October 2025.
• DSIJ: Manappuram Q1 FY27 interim dividend, August 2026.

Disclosure: PositionalCalls.com is not a SEBI-registered research analyst or investment adviser. Investments in securities markets are subject to market risks. Read all related documents carefully before investing. Returns are never guaranteed. PositionalCalls is an independent research and education site founded by Shubham Chaudhary. Nothing here is a recommendation, target or investment advice. How I researched this: for the Manappuram Finance Q2 results date I read CompoundingAI, Kotak Neo, Free Press Journal, HDFC Sky and DSIJ, noted where sources differ, and marked every derived number as my calculation. I did not open any company filing or exchange document. Figures are as of 12 November 2026, 9:50 AM IST.