Manorama Industries Ltd
Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts. [1]
- Market Cap ₹ 12,407 Cr.
- Current Price ₹ 1,966
- High / Low ₹ 2,043 / 1,061
- Stock P/E 48.0
- Book Value ₹ 114
- Dividend Yield 0.04 %
- ROCE 34.9 %
- ROE 39.3 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is expected to give good quarter
- Debtor days have improved from 32.4 to 16.7 days.
Cons
- Stock is trading at 17.2 times its book value
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|
| 771 | 1,367 | 1,481 | |
| 584 | 1,005 | 1,088 | |
| Operating Profit | 186 | 361 | 393 |
| OPM % | 24% | 26% | 27% |
| 21 | 10 | 21 | |
| Interest | 39 | 38 | 38 |
| Depreciation | 22 | 26 | 26 |
| Profit before tax | 146 | 308 | 350 |
| Tax % | 25% | 27% | |
| 110 | 225 | 258 | |
| EPS in Rs | 18.42 | 37.67 | 43.25 |
| Dividend Payout % | 3% | 2% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 60% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 80% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 46% |
| 3 Years: | 71% |
| 1 Year: | 47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 39% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Equity Capital | 12 | 12 |
| Reserves | 448 | 670 |
| 482 | 356 | |
| 41 | 162 | |
| Total Liabilities | 983 | 1,200 |
| 176 | 196 | |
| CWIP | 5 | 18 |
| Investments | 0 | 0 |
| 802 | 985 | |
| Total Assets | 983 | 1,200 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| -57 | 250 | |
| -34 | -78 | |
| 93 | -165 | |
| Net Cash Flow | 2 | 7 |
| Free Cash Flow | -89 | 196 |
| CFO/OP | -15% | 92% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2025 | Mar 2026 | |
|---|---|---|
| Debtor Days | 48 | 17 |
| Inventory Days | 518 | 369 |
| Days Payable | 14 | 46 |
| Cash Conversion Cycle | 552 | 340 |
| Working Capital Days | 103 | 98 |
| ROCE % | 35% |
Insights
In beta| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Export Revenue Share % ・Standalone data |
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| Solvent Fractionation Installed Capacity MTPA ・Standalone data |
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| Value-Added Product (CBE + Stearin) Share of Revenue % ・Standalone data |
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| Number of International Subsidiaries count |
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| Solvent Fractionation Capacity Utilization % ・Standalone data |
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| Top 5 Customer Concentration % of TOI ・Standalone data |
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| Number of Countries Served count ・Standalone data |
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| Stearin + CBE Production Volume MT ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Publication for dispatch of Notice of 21st Annual General Meeting along with Annual report for the Financial Year 2025-26.
- Reg. 34 (1) Annual Report.
- Dispatch Of Letter To Shareholders Whose E-Mail Addresses Are Not Registered With Company/RTA/Depository Participants.
- Intimation Of Notice Of The 21St Annual General Meeting Of Manorama Industries Limited To Be Held On Monday, September 21, 2026 At 03:00 P.M. (IST)
- Announcement under Regulation 30 (LODR)-Newspaper Publication
Annual reports
Concalls
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Aug 2026Transcript PPT REC
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May 2026Transcript PPT REC
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Jan 2026Transcript PPT REC
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Oct 2025Transcript PPT REC
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Jul 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT REC
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Jan 2025Transcript PPT
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Oct 2024TranscriptAI SummaryPPT
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Aug 2024Transcript PPT
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May 2024TranscriptAI SummaryPPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Jan 2023TranscriptAI SummaryPPT
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Nov 2022TranscriptAI SummaryPPT
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Aug 2022TranscriptAI SummaryPPT
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May 2022TranscriptAI SummaryPPT
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Feb 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
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Apr 2021TranscriptAI SummaryPPT
Business Profile[1]
Manorama Industries is a leading manufacturer of specialty fats and butters derived from Sal and Mango seeds. The company operates on a "Waste to Wealth" business model, procuring exotic tree-borne seeds, processing them, and manufacturing cocoa butter equivalents (CBE) and specialty fats for various industries, including food, chocolate, confectionery, and cosmetics.