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Prices as of 9 Oct 2026 close · Not investment advice

Manorama Industries Limited

NSE: MANORAMAOther Food Products

Share price

₹2,043.40

+2.25% close of 9 Oct 2026

Market cap ₹12,260 CrP/E 47.5

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

70

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹12,260 Cr

P/E ratio

47.5

P/B ratio

17.9

ROCE

34.9%

ROE

39.2%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹2,132.9052-week low ₹1,075.80

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 59.8% over the past year, and 42.0% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales improved from 14.5% to 26.6% over the last four years.

Whether it grew faster than its sector

It grew 42.0% a year against a sector median of 9.9% — 32.0 percentage points faster.

Room to re-rate, or risk of de-rating

Too little price history yet to compare it with its own past.

Whether growth justifies the valuation

It has no steady three-year profit record yet, so growth cannot be weighed against the price.

Profit growthPrice per ₹1 profitPer 1% growth
Manorama Industries Limited — this one—47.5×—
EID Parry India Limited-11%/yr15.3×—
Orkla India Limited-4%/yr25.6×—
Krishival Foods Limited47%/yr49.1×₹1.0
Megastar Foods Limited-3%/yr32.5×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Other Food Products), it ranks 1 of 5 on returns, 2 of 5 on growth, 1 of 5 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 34.9% on capital, ahead of 80% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Only 2 years of matching accounts on file — too few to judge this yet.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 8 checks clear · 88%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue up 39% and profit up 67%, with the plant running at 80% against the 85% to 90% promised for the year

Announced 13 Aug 2026 · Consolidated · Unaudited

Revenue

₹404 Cr

Revenue vs last year

+39.3%

Revenue vs last quarter

+3.3%

Net profit

₹79 Cr

Profit vs last year

+67.4%

Profit vs last quarter

+51.3%

Net margin

19.5%

EPS

₹13.17

Earnings call transcript · 14 Aug 2026

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹12,260 Cr
Prev close
₹2,043.40
52w High
₹2,150
52w Low
₹1,061
Enterprise value
₹12,522 Cr
Beta
1.5
Price CAGR 1y
40.0%
Price CAGR 3y
63.0%
Price CAGR 5y
46.0%
Price CAGR 10y
—

Ratios

Return on assets
18.8%
PEG ratio
—
P/E ratio
47.5
P/B ratio
17.9
EV / EBITDA
31.9
Industry P/E
33.3
ROCE
34.9%
ROCE 5y average
35.0%
ROE
39.2%
Debt / Equity
0.5
Interest coverage
9.1
Dividend yield
0.0%
ROE 3y average
—
ROE last year
39.0%

Annual P&L

Annual revenue
₹1,367 Cr
Annual profit
₹225 Cr
Operating margin
26.0%
Net profit margin
16.5%
EBITDA margin
26.4%
Sales growth 3y
—
Sales growth 5y
—
Profit growth 3y
—
Profit growth 5y
—
EPS
₹37.7
Sales growth TTM
60.0%
Profit growth TTM
80.0%
Dividend payout
2.0%

Quarter P&L

Sales latest quarter
₹404 Cr
Profit latest quarter
₹79 Cr
YoY quarterly sales growth
39.5%
YoY quarterly profit growth
68.1%
OPM latest quarter
26.3%

Balance Sheet

Book Value
₹114
Face Value
₹2.0
Total debt
₹356 Cr
Total cash
₹94 Cr
Borrowings
₹356 Cr
Reserves / Equity
55.8

Cash Flow

Operating cash flow
₹250 Cr
Free cash flow
₹196 Cr
FCF yield
1.3%
Net cash flow
₹7 Cr

Shareholding

Promoter holding
54.3%
FII holding
3.2%
DII holding
2.6%
Public holding
39.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Manorama Indust.2,031.8049.712,8250.0478.767.6404.039.534.9
EID Parry693.9515.212,3490.00311.5-42.59,017.53.417.0
Orkla India555.8524.97,6150.0087.79.7659.110.414.9
Krishival Foods400.0051.61,1360.095.612.489.079.616.3
Shri Ahimsa430.0034.11,0240.0015.224.462.814.022.9
Freshara Agro415.0026.39750.00
Pajson Agro294.0028.27000.0010.69.0137.436.231.4
Apis India49.6027.16830.0010.427.397.98.614.6
Median190.5020.02680.005.830.395.737.518.6

Competes with: EID Parry India Limited, Krishival Foods Limited, Megastar Foods Limited, Orkla India Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales11211898129133195209233290323363391404
Expenses151155172215236260294298
Material Cost227236164250368
Change in Inventories-74-6925-25-140
Purchases of Stock-in-Trade00000
Employee Cost1815162419
Other Expenses4454544551
Operating Profit445461758810297106
OPM %17161616202326262627282526
Other Income34106112-716
Exceptional items (within Other Income)00000
Interest811129811910
Depreciation66666676
Profit before tax34415265749674106
Tax %2526242826252926
Net Profit2630404755725279
EPS in Rs4.325.116.727.879.19128.7913
Diluted EPS in Rs7.858.91128.7913

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2025Mar 2026TTM
Sales7711,3671,481
Expenses5841,0051,088
Material Cost876
Change in Inventories-143
Purchases of Stock-in-Trade0
Employee Cost72
Other Expenses200
Operating Profit186361393
OPM %242627
Other Income211021
Exceptional items (within Other Income)0
Interest393838
Depreciation222626
Profit before tax146308350
Tax %2527
Net Profit110225258
EPS in Rs183843
Diluted EPS in Rs38
Dividend Payout %32

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

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
63%
1 year
40%

Return on equity

10 years
—
5 years
—
3 years
—
Last year
39%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2025Mar 2026
Equity Capital1212
Reserves448670
Borrowings482356
Other Liabilities41162
Total Liabilities9831,200
Fixed Assets176196
CWIP518
Investments00
Other Assets802985
Total Assets9831,200

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2025Mar 2026
Cash from Operating Activity-57250
Cash from Investing Activity-34-78
Cash from Financing Activity93-165
Net Cash Flow27
Free Cash Flow-89196

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2025Mar 2026
Debtor Days4817
Inventory Days518369
Days Payable1446
Cash Conversion Cycle552340
Working Capital Days10398
ROCE %35

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters575757575754545454545454
FIIs2.802.812.532.162.372.532.813.402.522.712.893.22
DIIs3.272.552.511.741.794.705.144.614.453.6132.63
Public373738393938383839394040
No. of Shareholders6,7128,04814,27914,04014,50618,15219,93824,61732,67134,70336,33533,841

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +42.8% (₹1,431.10 → ₹2,043.40)Brick size ₹67.07 (fixed)Bricks 33
₹1,500₹2,043Nov '25Mar '26Jun '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹2,043.40 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

company capacity utilisation %

80.00pct

2026-06-30

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

262inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,59,59,795inr

2026-03-31

News

News and filings about Manorama Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • Kokum seeds
  • Mahua (mowrah) seeds
  • Mango kernels
  • Phulwara seeds
  • Sal seeds
  • Shea nuts / shea kernels

Depends on the price of

  • Cocoa

Sells to

  • Ferrero · cocoa butter equivalents (CBE) and specialty fats for chocolate/confectionery
  • Hershey · cocoa butter equivalents (CBE) and specialty fats for chocolate/confectionery
  • L'Oreal · specialty butters and fats for cosmetics and personal care
  • Mars · cocoa butter equivalents (CBE) and specialty fats for chocolate/confectionery
  • Mondelez · cocoa butter equivalents (CBE) and specialty fats for chocolate/confectionery

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Fast Moving Consumer Goods
Industry
Other Food Products
Classification
Fast Moving Consumer Goods › Other Food Products
ISIN
INE00VM01036

Plants

  • Birkoni, Raipur integrated manufacturing facility
  • Burkina Faso processing plant (Manorama Africa)

News impact

Big market events that reach Manorama Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹0.8
21 Aug 2025unspecified₹0.6
27 Aug 2024unspecified₹0.4
7 Mar 2024split₹0
11 Sep 2023unspecified₹2

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 2, delete 1, insert 5), 2023-11-12..2026-02-01 (docs/flat_day_repair.md)1× · 12 Nov 2023

Bulk & block deals

DateWhoBought / soldSharesPrice
14 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDBUY3,54,011₹1,779.63
14 Aug 2026MICROCURVES TRADING PRIVATE LIMITEDSELL3,54,011₹1,780.85

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.