MANAGING DIRECTOR'S MESSAGE
I am delighted to present our annual report for the year 2022-23. I am
proud to share that your Company has demonstrated consistent and sustainable growth over
the past decade, even in the face of a challenging economic and business environment.
Every milestone is a stepping-stone for the next Amid a challenging external environment
characterised by volatility, we have not only achieved strong growth in AUM and
profitability
We have continued to make significant progress across financial and
non-financial metrics. We also remain committed to creating long-term value for our
shareholders by investing in people, processes, and products. Our 100,000 plus valuable
customers are served through 54+ locations
In FY 2022-23, our AUM grew 27.80 % to 634 crores, Our net profit grew
61.37% to 15.33crores.
Your Company has been aggressively investing in developing unique
products, processes, and experiences to emerge as one of the most preferred NBFCs in
India. We shall focus towards building scale, keeping customers at the centre of all our
initiatives. We have identified all core and critical digitisation initiatives, in line
with our technology roadmap. Accordingly, in the next two years, we will invest in our
core system to handle scale with agility.
Over the years, our endeavour has been to ensure transparency and
maintain the highest standards of Corporate Governance in all our business processes
In order to achieve our milestone, we are always investing in our
existing people, improving our culture and work environment through activities and
initiatives. Retain our most important asset, our people. The journey of Manba Finance is
never ending. But with the support of my team and clients, I am confident that the company
will perpetuate to scale milestones of excellence for years to come.
We bring value to our customers by being with them whenever they need
us. Because this is the best way we learn about their concerns, their aspirations and
their specific needs.
This incredible journey would not have been possible without the
support of our customers, our enthusiastic employees, the guidance of our regulators and
the management of Manba Finance Limited.
I would like to thank all our stakeholders for their trust and faith in
us, as we take confident strides into the future to emerge as one of the most respected
financial institutions in India.