Case study

MANBA

Manba Finance Limited

Worth a closer look1y model +3.1%

Each stock's 10,000-path forecast, rendered as light.

57Score

Manba Finance Limited (MANBA) Stock Analysis & Case Study

Is MANBA a good buy? The data-driven verdict.

Manba Finance Limited (MANBA) trades at ₹132,on the numbers it worth a closer look, a Downstox Snapshot Score of 57/100.

On the numbers, Manba Finance Limited (MANBA) worth a closer look, a Downstox Snapshot Score of 57/100, weighing inexpensive at 13.6× earnings, ROE of 11.6%, a 53% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

MANBA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹662 Cr
Current price
₹132
P/E ratio
13.6×
P/B ratio
1.62×
Book value
₹82
Dividend yield
0.57%
ROCE
12.5%
ROE
11.6%
Piotroski F-Score
6/8

How MANBA ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for MANBA, as of 9 Aug 2026, so it is not ranked here.

Is MANBA overvalued? MANBA P/E vs peers

MANBA trades at 13.6× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

MANBA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 1.8y of MANBA history (-8%/yr drift, 37%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
MANBA 2027₹85₹136₹218+3%
MANBA 2028₹72₹140₹271+6%
MANBA 2029₹64₹145₹327+10%
MANBA 2030₹58₹149₹381+13%
MANBA 2031₹54₹154₹438+17%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability MANBA goes up, or doubles?

53%
Higher in 1 year
Modelled chance the price is above today in 12 months
58%
Higher in 5 years
Modelled chance the price is above today in 5 years
26%
Doubles in 5 years
Modelled chance of reaching ₹264 within 5 years

The bull case for MANBA

  • MANBA's P/E of 13.6x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹327.

The bear case & risks

  • MANBA's return on equity of 11.6% ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹64.

MANBA volatility & expected range, how bumpy is the ride?

Over the last 1.8 years MANBA compounded at -8%/year with annualized volatility of 37%. That volatility implies a 1-year 80% range of ₹85-₹218, the honest backbone behind any single price target.

MANBA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 1.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
3.1%
80% range₹85-₹218
P(price ↑)53%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
9.7%
80% range₹64-₹327
P(price ↑)56%
P(price 2×)17%
5-Year Forecast
2031
₹0
Median (P50)
16.7%
80% range₹54-₹438
P(price ↑)58%
P(price 2×)26%

MANBA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
MANBA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds MANBA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the MANBA price target & forecast page.

MANBA Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. MANBA scores 6/8, mixed financial health.

MANBA MTF margin & leverage across 5 brokers

Margin Trading Facility lets you buy MANBA with part of the capital. Lower margin % = higher leverage. Rates compared across 5 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Zerodha50.00%2.0×
Groww30.05%3.3×
Kotak Neo100.00%1.0×
Pocketful50.00%2.0×
Share IndiaCHEAPEST30.03%3.3×

Compare every broker on the MANBA MTF page.

About Manba Finance Limited: sector, index & market-cap context

Manba Finance Limited (MANBA) is a small-cap NSE-listed company, with a market capitalisation of ₹662 Cr. See more stocks on our screener.

How the MANBA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Manba Finance Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

MANBA analysis, FAQs

Is Manba Finance Limited (MANBA) a good buy?

On the numbers, Manba Finance Limited (MANBA) worth a closer look, a Downstox Snapshot Score of 57/100, weighing inexpensive at 13.6× earnings, ROE of 11.6%, a 53% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is MANBA overvalued or undervalued?

MANBA trades at 13.6× earnings, inexpensive versus the ~22× long-run Nifty average.

What is the MANBA share price target for 2031?

MANBA's probability-weighted 2031 median target is ₹154, with an 80% range of ₹54-₹438 (10,000-path Monte-Carlo).

What is the probability MANBA doubles in 5 years?

The modelled probability of MANBA reaching ₹264 (2×) within 5 years is 26%.

What is the bull case for MANBA?

MANBA's P/E of 13.6x is lower than 78% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

What are the risks in MANBA?

MANBA's return on equity of 11.6% ranks in the 58th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on MANBA