ALFA Finder| Management target | Revenue 40.0% FY27 |
|---|
| Revenue growth | 41.9% YoY in Q2 to ₹459 Cr; 40.8% YoY for H1. |
|---|---|
| Margins | EBITDA margins stable at 25.8% despite higher inbound freight costs. |
| Order book | Export-heavy mix at 61% of revenue; capacity heavily booked. |
| Demand visibility | Healthy demand across chocolate and cosmetic segments globally. |
| Management confidence | Confident, highlighting leadership restructuring to handle upcoming massive scale expansion. |
Growth
H1 revenue grew 40.8% YoY to ₹866 Cr; volumes contributed 85% of growth.
Outlook
Targeting 85% utilization on expanded 47.5k MT capacity; new projects slated for FY28/FY29.
Risks
High inventory (₹1,000 Cr) due to early procurement and rising global freight costs impacting margins.
Last quarter's promises, checked
Delivered
- Guided margins 'broadly stable' (Q1 EBITDA 26.3%) → 25.8% (= BEAT)
- Q1 +39.5% YoY with 'further scope of improvement' → H1 +40.8%, Q2 +41.9% (= BEAT)
Partly delivered
- Guided 80-85% FY27 utilization on 52,000 t → now 85% target on 47,500 t; actual utilization undisclosed (= PARTIAL)
- Guided Burkina Faso land and approvals → land bought, approvals still awaited (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: MANORAMA. Summary written with AI assistance from the document.
Manorama Industries Ltd: key numbers
- Share price
- ₹1,984.10
- Market cap
- ₹12,524 Cr
- Revenue (annual)
- ₹1,367 Cr
- Net profit (annual)
- ₹224.9 Cr
- P/E (TTM)
- 45.7×Sector 29.1×
- Promoter holding
- 51.38%-2.94% QoQ
- FII holding
- 4.16%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Manorama Industries Ltd
All →Manorma Industries Management Change
Manorma Industries reshuffled its management: two executive directors resigned to take senior roles, and Deep Saraf and Mudit Kumar Singh were appointed directors. Effective 12 November 2026.
Manorama Industries Investor Presentation: Key Takeaways
Q2FY27 consolidated revenue ₹4,589Mn (+41.9% YoY), EBITDA ₹1,182Mn (+34.4%), PAT ₹808Mn (+51.8%). H1FY27 PAT up 59.2%. Strategy centres on capacity expansion, refining integration and CBE/specialty fats premiumisation.
Manorama Industries Results Update
Manorama Industries reported Q2 FY27 revenue up 41.9% to INR 4,589 million, with PAT up 51.8%. A leadership transition named Deep Saraf Managing Director.
Manorama Industries Other Announcement
Manorama Industries reports no deviation in QIP fund utilisation for the quarter ended September 2026. It is a periodic statement with no new capital event.
Manorama Industries Q2 FY27 Results: Net Profit ₹80.8 Cr, Up 51.9% YoY
Manorama Industries Ltd reported revenue from operations of ₹458.9 Cr (+41.9% YoY) and net profit of ₹80.8 Cr (+51.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹80.8 Cr · +51.9% YoY
Manorama Industries Credit Rating
Manorama Industries Ltd disclosed that India Ratings upgraded its bank loan facilities to IND A+/Positive/IND A1+. The rated facilities total INR 4,967.70 million.