Manipal Payment and Identify Solutions Ltd

Manipal Payment and Identify Solutions Ltd

Other Unlisted Active
INE241U01028 Est. Dec 2008 Website
Current Price 24 Aug 2026
₹385.00

Min lot: 100 shares

Market Cap ₹7,962 Cr
P/E Ratio 33.1x
EPS ₹11.63
Face Value ₹2.00
Book Value ₹65.23
P/B Ratio 5.90x
Min Lot 100 sh.
Total Debt ₹473 Cr

Price Trend

Period Change
Period High
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Prices shown are indicative unlisted-market bid prices, updated periodically.

About Manipal Payment and Identify Solutions Ltd

Manipal Payment and Identity Solutions Ltd (MPi) incorporated in February 2008 and based in Manipal, Karnataka, operates as a subsidiary of Manipal Technologies Limited (MTL) within the wider Manipal Group. the company focuses on secure payment and identity solutions, handling manufacturing, personalisation and fulfilment end to end.

Its product line covers EMV-compliant payment cards in both plastic and metal, smart cards, government-issued ID cards, tax stamps, smart wearables, RFID tags and other secure-printing products. MPi's client base covers banks and financial institutions, fintechs and government agencies, both within India and overseas, the company leans on its manufacturing scale and global certifications to position itself among the leading names in India's payment-and-identity-solutions space.

Financial Highlights

All figures are in Crores (₹)

FY23FY24FY25 YOY %CAGR %
Net Sales745.61,0291,099+6.8%+21.4%
Other Income12.121.521.1-2.0%+32.0%
Total Income757.71,0511,120+6.6%+21.6%
Operating Profit114.5286.9476.2+66.0%+103.9%
Interest11.922.1109.8+396.8%+203.7%
Depreciation17.828.149.7+76.7%+67.0%
Total Expenditure672.9814.0913.5+12.2%+16.5%
Exceptional Income0.000.00110.0
PBT84.8236.7316.7+33.8%+93.3%
TAX17.953.876.2+41.7%+106.4%
PAT66.9182.9240.5+31.5%+89.6%
EPS (₹)₹3.01₹8.84₹11.63+31.6%+96.6%
FY23FY24FY25 YOY %CAGR %
Shareholder Funds193.2372.31,349+262.4%+164.3%
Total Debt96.6449.5472.9+5.2%+121.2%
Current Liabilities234.1312.5308.3-1.3%+14.8%
Non Current Liabilities93.7346.2427.7+23.5%+113.6%
Total Liabilities521.01,0311,349+30.9%+60.9%
Current Assets285.4482.11,098+127.7%+96.1%
Non Current Assets235.6548.9251.5-54.2%+3.3%
Total Assets521.01,0311,349+30.9%+60.9%
FY23FY24FY25 YOY %CAGR %
Cash Flow From Operating Activities54.278.4218.5+178.7%+100.8%
Cash Flow From Investing Activities-42.8-65.1-582.8-795.2%-269.0%
Cash Flow From Financing Activities-10.5-12.3-110.3-796.5%-224.1%
Free Cash Flow42.161.2156.1+155.1%+92.6%
FY23FY24FY25YOY %
ROE(%)34.6049.1017.80-63.7%
ROCE(%)22.0027.8035.30+27.0%
ROA(%)12.8017.7017.80+0.6%
Current Ratio(x)1.201.503.60+140.0%
Debt / Equity(x)0.501.210.35-71.1%

No documents available yet.

Net Sales (in Cr.)

Total Income (in Cr.)

Net Profit (in Cr.)

Operating Profit (in Cr.)

Shareholder Funds (in Cr.)

Total Assets (in Cr.)

Operating Cash Flow (in Cr.)

Investing Cash Flow (in Cr.)

Financing Cash Flow (in Cr.)

Free Cash Flow (in Cr.)

Company Information

ISIN INE241U01028
Industry Other
Category Pre IPO
Incorporated December 2008
Min Lot Size 100 shares
Demat Required Yes
ROFR Applicable No

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