Manba Finance Limited (NSE: MANBA) declared a select dividend of ₹0.25 per equity share at its board meeting held on July 27, 2026, coinciding with the announcement of its financial results for the quarter ended June 30, 2026. The declaration marks the company's eighth consecutive dividend payout since October 2024, reinforcing a disciplined and uninterrupted shareholder return policy.
Dividend Details
- Dividend type: Select Dividend
- Dividend amount: ₹0.25 per equity share (face value basis to be confirmed in record date filing)
- Board meeting date: July 27, 2026
- ISIN: INE939X01013
The record date and payment date are yet to be announced by the company via a separate exchange filing. Investors holding shares on the record date will be eligible for this payout.
Dividend History and Trend Analysis
Manba Finance has maintained a remarkably consistent dividend cadence over the past two fiscal years. The table below summarises the payout history:
- Oct 2024: ₹0.25 per share (Interim)
- Jan 2025: ₹0.25 per share (Interim)
- May 2025: ₹0.25 per share (Final)
- Nov 2025: ₹0.50 per share (Interim) — a one-time step-up
- Jan 2026: ₹0.25 per share (Interim)
- May 2026: ₹0.25 per share (Final)
- Jul 2026: ₹0.25 per share (Select)
The aggregate dividend payout for FY26 (April 2025 to March 2026) stood at ₹1.00 per share, combining the November 2025 interim of ₹0.50, the January 2026 interim of ₹0.25, and the May 2026 final of ₹0.25. For FY25, the cumulative payout was ₹0.75 per share. This reflects a year-on-year increase of 33% in total dividend per share from FY25 to FY26, driven primarily by the elevated November 2025 interim payout. The current Q1 FY27 declaration of ₹0.25 aligns with the base quarterly run rate the company has sustained since its listing-era payouts began in October 2024.
Market Context and Dividend Yield
Market price data for MANBA was not available in the current data feed at the time of publication. Once the stock's traded price is confirmed, the annualised dividend yield can be calculated by dividing the trailing twelve-month dividend per share by the prevailing market price. Based on the FY26 aggregate of ₹1.00 per share, investors can compute the yield against the current quote as and when the stock trades. The 52-week price range and delivery percentage data were similarly unavailable in the current dataset and will be updated as market data is refreshed.
Company Background
Manba Finance Limited is a non-banking financial company (NBFC) focused primarily on two-wheeler and small vehicle financing in India. The company operates through a network of branches catering to retail borrowers in semi-urban and rural markets. It is listed on the NSE and regulated under applicable RBI and SEBI frameworks.
What This Means for Investors
The select dividend declaration alongside Q1 FY27 results signals that the company's board views current earnings as sufficient to sustain its established per-quarter payout of ₹0.25. The consistency across eight payouts without a single missed or reduced quarter (excluding the enhanced November 2025 payout) provides income-oriented investors with a degree of predictability. However, investors should review the full Q1 FY27 financial results, including net interest margin, gross NPA ratios, and disbursement growth, to assess the sustainability of the payout in the context of the NBFC sector's evolving credit environment.
