Manipal Finance Corporation Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 11.33 Cr
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 32.76 Cr
- Satisfied Charges ₹ 2.95 Cr
- Revenue Growth -13.85%
- Profit Growth -29.94%
- Ebitda -158.45%
- Net Worth 10.90%
- Total Assets -53.10%
About Manipal Finance Corporation
Manipal Finance Corporation Limited (MFCL) is a Public Limited Indian Non-Government Company incorporated in India on 29 March 1984 and has a history of 40 years and ten months. Its registered office is in Udupi, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507938.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 11.33 Cr.
The company currently has active open charges totaling ₹32.76 Cr. The company has closed loans amounting to ₹2.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Manipal Finance Corporation Limited India are Srikara Mallya as CFO and Harishankar Shukla as Company Secretary. Hiriadka Mohandas, Vinoda Chandappa, Basthi Ashok, and One other member serve as directors at the Company.
Company Details
-
Location
Udupi, Karnataka, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
L65910KA1984PLC005988
-
Company No.
005988
-
Stock Symbol
BSE : 507938
-
Company Classification
Public Limited Indian Non-Government Company
-
Incorporation Date
29 Mar 1984
-
Date of AGM
10 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Listed
-
ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Manipal Finance Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srikara Mallya | CFO | 29-Apr-2024 | Current |
| Harishankar Shukla | Company Secretary | 01-Jul-2022 | Current |
Narayan Pai
|
Managing Director | 01-Jan-2008 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Hiriadka Mohandas
|
Director | 30-Mar-2024 | Current |
|
Vinoda Chandappa
|
Director | 29-Jun-2015 | Current |
|
Basthi Ashok
|
Director | 30-May-2018 | Current |
Financial Performance of Manipal Finance Corporation.
Manipal Finance Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.85% decrease. The company also saw a substantial fall in profitability, with a 29.94% decrease in profit. The company's net worth Soared by an impressive increase of 10.9%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Manipal Finance Corporation?
In 2021, Manipal Finance Corporation had a promoter holding of 34.29% and a public holding of 65.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹32.76 Cr
₹2.95 Cr
Charges Breakdown by Lending Institutions
- Icds Securities Limited : 30.00 Cr
- Others : 1.61 Cr
- Shamarao Vithal Co-Operative Bank Ltd. : 0.50 Cr
- Indian Renewable Energy Development Agency Limited : 0.25 Cr
- United Commercial Bank : 0.25 Cr
- Others : 0.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Apr 2022 | Others | ₹1.61 Cr | Open |
| 02 Nov 1998 | Icds Securities Limited | ₹30.00 Cr | Open |
| 04 Jun 1998 | Indian Renewable Energy Development Agency Limited | ₹2.53 M | Open |
| 23 Mar 1993 | Shamarao Vithal Co-Operative Bank Ltd. | ₹5.00 M | Open |
| 21 Feb 1990 | Canara Bank | ₹1.50 M | Open |
How Many Employees Work at Manipal Finance Corporation?
Manipal Finance Corporation has a workforce of 2 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Manipal Finance Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Manipal Finance Corporation's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
