Manappuram Finance earnings calls.

Manappuram Finance delivered a strong Q1 FY27 with consolidated AUM of ₹69,635 croreCurrent reported value: ₹69,635 crore. No comparable prior figure is available in the source record. (+57% YoY) driven by gold loan expansion. Revenue from operations of ₹3,333 croreCurrent reported value: Revenue from operations of ₹3,333 crore. No comparable prior figure is available in the source record. grew 34Current reported value: 34. No comparable prior figure is available in the source record.% YoY while PAT of ₹585 croreCurrent reported value: PAT of ₹585 crore. No comparable prior figure is available in the source record. surged 347Current reported value: 347. No comparable prior figure is available in the source record.% YoY on low base. Standalone gold loan AUM reached ₹54,655 croreCurrent ₹54,655 crore. Reported change: +97% YoY. (+97% YoY), now comprising 90% of standalone book. The RBI's new gold loan framework effective April 2026 enabled income-generating products at 14-16% yield, with management targeting 18% steady-state gold loan yield. Capital position remains robust at 21.29% CAR. Key risks include elevated vehicle finance GNPA at 13.3%Current 13.3%. Reported change: +290bps YoY. (vs 10.4% in Q4) prompting suspension of disbursements, and rising cost of funds impacting margins. Management guided for 25-30% gold loan growth in FY27, 500 new branch openings, and ROE target of 15-18% over three years.