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Earnings Call

Manoj Ceramic Earnings Call: Key Takeaways

Manoj Ceramic Ltd H2/FY26 earnings call highlights transition to a technology-enabled B2C brand with 23.4% YoY income growth and strategic focus on exports and premium natural stone solutions.

Why this was an Alfa AlertNot a filter event. Results and guidance are in line with previous promises of 25-30% CAGR.
Highlights
Revenue growthFY26 income up 23.4% YoY to ₹202.99 Cr.
MarginsTemporary H2 dip to 11% due to strategic volume-driven product mix.
Demand visibilityStrong domestic B2B demand (80-82% mix) and expanding international opportunities.
Management confidenceHigh, reiterating 25-30% CAGR target for upcoming years.

Growth

FY26 Total Income grew 23.4% to ₹202.99 Cr; PAT increased 10.1% to ₹12.01 Cr. H2 income rose 23.3% YoY.

Outlook

Management guides 25-30% CAGR growth; focusing on international expansion in GCC/Africa and backward integration through Thane facility.

Risks

EBITDA margins fell from 14% to 11% due to low-margin product mix and supply chain disruptions from geopolitical tensions.

Source

Earnings Call filed with BSE, BSE: 544073. Summary written with AI assistance from the document.

Read the document ↗

Manoj Ceramic Ltd: key numbers

Share price
₹75.00
Market cap
₹111.8 Cr
Revenue (annual)
₹202.6 Cr
Net profit (annual)
₹12.01 Cr
P/E (TTM)
9.3×Sector 45.9×
Promoter holding
53.06%
FII holding
2.30%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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