Significant Rise in Income:- Company recorded significant rise in the income of the company. In FY23, the income of the company increased by 25.4%
Exponential Growth in Profit:- The net profit company has shown an exponential growth of 1,503% in FY23 from Rs 13.9 Cr in FY22 to Rs 223.4 Cr in FY23
Rise in Asset Under Management (AUM):- Company recorded decent growth in the AUM of the company. In FY23, the AUM of the company increased by 43.4% from Rs 7,002 Cr in FY22 to Rs 10,040 Cr in FY23
Sufficiently Liquid:- Company is adequately capitalized. The Capital Adequacy Ratio (CAR) of the company is well above the required 10%. In FY23 CAR for the company stands at 20.0%
Powered by Prestige:- The company is backed by Manappuram Finance Limited which owns 97% stake in the company which itself is a listed company and brings a lot of credibility for the company
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