Home/Unlisted Shares/Manipal Payment & Identity Solutions Ltd (Manipal Cards)

Manipal Payment & Identity Solutions Ltd (Manipal Cards)

Industry Identity & Payment SolutionsSector Information TechnologyISIN INE241U01028

52W HIGH

Rs 498.75

52W LOW

Rs 404.25

1Y RETURN

+-1.0%

About the Company

Manipal Payment & Identity Solutions Limited (Manipal Cards) provides secure card manufacturing and personalization services for banks, governments and enterprises. Capabilities include EMV payment cards, transit cards, ID cards, SIM packaging and secure fulfillment with certifications for security and quality. The company offers lifecycle services from design and data preparation to issuance and logistics, integrating with client systems. Manipal Cards operates under the Manipal Technologies umbrella, serving domestic and international customers with high-volume, compliant solutions for payments and identification.

Quick Facts

SectorInformation Technology
IndustryIdentity & Payment Solutions
ISININE241U01028
Face ValueRs 2
Lot Size100 shares
IPO StatusUnlisted
52W RangeRs 404.25 to Rs 498.75
Indicative PriceAvailable
Rs 400.21

As of 7 Jul 2026

Quantity

Minimum investment Rs 1,00,000 (250 shares).

Estimated TotalRs 1,00,053
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FUNDAMENTALS

Key Indicators

A snapshot of Manipal Payment & Identity Solutions Ltd (Manipal Cards)'s valuation multiples and capital efficiency at a glance.

CURRENT SHARE PRICE

Rs 400.21

FACE VALUE / SHARE

Rs 2

BOOK VALUE / SHARE

Rs 13.77

PRICE TO EARNING (PE)

30.36

PRICE / BOOK

27.96

MARKET CAP

8.90K Cr

DEBT TO EQUITY

1.55

RETURN ON EQUITY

92.67%

52 WEEK HIGH

Rs 498.75

52 WEEK LOW

Rs 404.25

FINANCIALS

Fundamentals & Financial Statements

Price / Share

₹385

P/E Ratio

30.36

P/B Ratio

27.96

Debt to Equity

1.55

Book Value

₹13.77

Face Value

₹2

Lot Size100 shares
Total Shares22,23,65,000
DepositoryNSDL & CDSL
ISININE241U01028
CINU72900KA2008PLC045316
PANAAFCM4088E
Registrar (RTA)MUFG Intime India
Figures in Rs Crore unless stated
Particulars202320242025
Revenue9021,2481,256
Cost of Material Consumed535579458
Change in Inventory-9163
Gross Margins41.69%52.32%63.3%
Employee Benefit Expenses6390104
Other Expenses153227304
EBITDA160336387
OPM17.74%26.92%30.81%
Other Income1820131
Finance Cost1220109
Depreciation & Amortisation353555
EBIT125301332
EBIT Margins13.86%24.12%26.43%
Profit Before Tax132300354
PBT Margins14.63%24.04%28.18%
Tax145172
Profit After Tax118249282
Net Profit Margin13.08%19.95%22.45%
EPS₹28.53₹12.04₹13.66

PROCESS

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01

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02

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03

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04

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Shares credited to your demat, typically within T+1 days.

OWNERSHIP

Shareholding Pattern

Promoters & Promoter Group55%
Institutional Investors (FII / DII)18%
Public & HNIs20%
Others / ESOP7%

Indicative ownership structure. Exact filed breakup confirmed at dealing.

BENCHMARK

Peer Comparison

CompanyPriceP/EP/BROEMkt Cap
Manipal Payment & Identity Solutions Ltd (Manipal Cards)Rs 400.2130.3627.9692.67%8.90K Cr
Boat Price (Imagine Marketing)Rs 903.77192.4724.9012.96%11.86K Cr
Ticker LimitedRs 30.8-27.72-24.11%5.39K Cr
ESDSRs 532.4493.5512.5113.4%5.35K Cr
LAVA International LimitedRs 53.977.782.773.57%2.92K Cr

Peers are live Information Technology companies from our catalogue - each figure is that company’s own.

CORPORATE CALENDAR

Events & Announcements

Apr – MayQ4 & full-year (FY) audited results
May – JulDIVIDENDFinal dividend consideration & record date
Jul – SepAnnual General Meeting
Jul – AugQ1 (Jun quarter) results
Oct – NovQ2 & half-year results
Jan – FebQ3 (Dec quarter) results
As announcedBonus / split / rights, if any

Typical annual calendar. Exact dates updated as the company announces them.

LEADERSHIP

Management Team

Standard governance structure. Named directors added as verified. Tap any role to see what they do and why it matters for investors.

REPORTS

Download Financial Results

Manipal Payment & Identity Solutions Ltd (Manipal Cards) Financial Report

Fundamentals, financial statements and key ratios in one PDF

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QUESTIONS

Frequently Asked Questions

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NEWS & INSIGHTS

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CORPORATE

Company Details

#

ISIN

INE241U01028

C

CIN

U72900KA2008PLC045316

P

PAN

AAFCM4088E

R

REGISTRAR (RTA)

MUFG Intime India

D

DEPOSITORY

NSDL & CDSL

Y

INCORPORATED

Feb 2008

O

OUTSTANDING SHARES

22,23,65,000

A

REGISTERED OFFICE

The Presidency, No.1, St. Mark's Road, Bangalore, Karnataka 560001, India

S

SECTOR

Information Technology

I

INDUSTRY

Identity & Payment Solutions

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Disclaimer: Prices shown are indicative and for reference purposes only. Unlisted shares carry higher risk than listed equities. Past performance is not indicative of future results. Financial statements, where shown, are compiled from company filings (MCA / RTA) and may be restated in subsequent filings. Neoma Capital does not provide investment advice. Please consult a qualified financial advisor. Transactions subject to KYC verification and SEBI regulations.

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