Non-gold businesses appear promising if executed well

Company
20 Dec 2023
5 Min read 
  • Manappuram Finance showcases non-gold businesses' success during COVID-19.
  •  Aims for 50:50 AUM mix between gold and non-gold businesses.
  •  Expects 20% AUM CAGR and 20% RoE.
  •  Gold loan segment to grow steadily with 8-10% growth and 21-22% yields.
  •  MFI and vehicle finance businesses show good asset quality and performance.
  •  Home finance focuses on affordable housing in Tier 3/4 cities.
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