CARE Ratings upgrades Manba Finance to CARE A, outlook Positive
Manba Finance (MANBA) said CARE Ratings has upgraded its credit rating to CARE A with a positive outlook. The company is valued at about ₹710 crore.
What happened
Manba Finance (MANBA) told the exchanges on 7 October 2026 at 11:56 AM that CARE Ratings has upgraded its credit rating to CARE A with a positive outlook.
From the filing: "Stable ' from ' BBB+ (Positive) ' for Company's instrument(s) vide their press release dated October 06, 2026: Instrument Name of Regulator Amount (INR Crore) Rating Rating Action Long - term bank facilities RBI 500.00 CARE A - ;"
Company snapshot
Manba Finance is a micro-cap company, with a market value of about ₹710 crore.
The stock last traded at ₹141.4, against a 52-week range of ₹98–₹154 (8.2% below the high).
Before this filing the shares had moved +9.2% over the month and +2.4% over three months. Average daily turnover over the last 20 sessions was about ₹2.39 crore.
Promoters held 74.98% at the end of Q1 FY27. Foreign institutions owned 0.92% and domestic institutions 0.00%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 67 | 9.8 | 1.94 |
| Q2 FY26 | 78 | 11.4 | 2.27 |
| Q3 FY26 | 90 | 13.1 | 2.6 |
| Q4 FY26 | 93 | 11.1 | 2.21 |
| Q1 FY27 | 93 | 13.3 | 2.64 |
What history shows
BCEIE has no earlier credit rating filing from this company on record since May 2026.
Market-wide, 1,223 credit rating filings with an impact score of 50 or more saw an average next-day move of +0.1%, with 47% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Whether other agencies take a similar view on the company's credit.
- 27 October 2026: Board meeting — Financial Results/Dividend.
In the news
Recent coverage elsewhere (links open the original publisher):
- Manba Finance Ltd Dividend History, Yield & Record Date
- Manba Finance Limited’s Board Approves Fundraise of ₹99.99 Crore through a Preferential Issue; Marquee Family Offices and Investors Come on Board
- Manba Finance (NSE: MANBA) Preferential Issue and Capital Raising Update
- Manish Shah gets fresh term as Manba Finance MD
- Manba Finance shareholders approve ₹0.25 final dividend for FY26
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.