Monday, 28 September 2026 Every NSE & BSE announcement, by company
ALFA Filings Every announcement, straight from the exchange
Earnings Call Transcript

Manorama Industries Earnings Call Transcript: Key Takeaways

Manorama Industries delivered record Q1 FY27 revenue and EBITDA, reaching a 4,000 million INR milestone. Growth was primarily volume-led, supported by expanded fractionation capacity and strong export demand for specialty fats.

Highlights
Revenue growth39.5% YoY growth, crossing 404 crore INR quarterly milestone.
MarginsEBITDA margin expanded 49 bps to 26.3% via efficiency and leverage.
Demand visibilityStrong domestic and international demand for CBE and specialty fats.
Management confidenceExtremely high, citing robust business model and successful 500 crore QIP.

Growth

Revenue surged 39.5% YoY; PAT grew 67.6%. Growth was volume-driven (85%) with stable pricing.

Outlook

Ongoing 460 crore INR capex for fractionation/refinery to reach 52,000 TPA capacity by Q3 FY28.

Risks

A 166 million INR debit note raised against a supplier for quality issues; geopolitical freight disruptions.

Last quarter's promises, checked

Delivered

  • EBITDA Margin 25%-27% → delivered 26.3% (= BEAT)
  • Volume-led growth focus → delivered 85% volume contribution (= BEAT)
  • Working capital 125 days → delivered 125 days (= BEAT)

Partly delivered

  • Capex 460cr for 52k TPA capacity → delivered ongoing (Q3 FY28 target) (= PARTIAL)
  • Brazil/LATAM ramp-up → delivered trial production started (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: MANORAMA. Summary written with AI assistance from the document.

Read the document ↗

Manorama Industries Ltd: key numbers

Share price
₹1,872.80
Market cap
₹11,822 Cr
Revenue (annual)
₹1,367 Cr
Net profit (annual)
₹224.9 Cr
P/E (TTM)
47.9×Sector 29.0×
Promoter holding
54.32%+0.00% QoQ
FII holding
3.22%Current quarter

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

More from Manorama Industries Ltd

All →
14:37 IST NSE
Capital Structure Change

Manorama Industries Capital Structure Change

Manorama Industries' board approved up to Rs.30 Crore in capital infusions across three wholly-owned subsidiaries. The funds target working capital and general corporate purposes in Benin, Togo and Ivory Coast.

Value
₹30.00 Cr
15:49 IST NSE
Annual General Meeting

Manorama Industries Annual General Meeting

Manorama Industries issued a postal ballot notice to appoint Dr. Rohini Tiwari as Non-Executive Independent Director. E-voting window runs September 19 to October 18, 2026.

20:26 IST BSE
Management Change

Manorama Industries Management Change

Manorama Industries Limited has appointed Dr. Rohini Tiwari as a Non-Executive Independent Director, while Mudit Kumar Singh concluded his tenure on the board.

20:21 IST NSE
Board Meeting Outcome

Manorama Industries Board Meeting Outcome

Manorama Industries approved the appointment of an additional director, postal ballot processes, and a combined ₹75 Crore capital infusion into six of its wholly owned subsidiaries.

Value
₹75.00 Cr