Manappuram Finance's Q1 FY27 saw robust performance: consolidated PAT surged 47% YoY to INR 585 Cr, with AUM up 57% YoY to INR 69,635 Cr.

Strong gold loan growth drove this, with yields improving to ~18%. The company targets 25-30% gold loan AUM growth and 500 new branches.

A new CEO joins Jan 2027. Management is focused on asset quality, limiting microfinance to <10% of AUM, and maintaining 75-80% gold loan share.

The outlook remains confident, aiming for 18% ROE in three years by prioritizing sustainable growth and strong governance.