Manappuram Finance Limited is primarily engaged in offering gold loans, serving a vast customer base across India through an extensive branch network of 5,350 branches.

The company has seen a 29.3% year-on-year increase in its gold loan AUM, illustrating robust growth despite challenges in some of its other financial segments.

Manappuram's microfinance segment, represented by Asirvad, has experienced significant challenges, with a notable reduction in AUM due to strategic restructuring and focus on asset quality.

Significant focus has been placed on digital transformation and operational efficiency by introducing AI-based systems, enhancing branch infrastructure, and integrating digital payment platforms.

The company continues to maintain a well-diversified lending portfolio across gold loans, microfinance, vehicle finance, and housing finance, with strategic plans to bolster their gold loan segment further through co-lending initiatives.