Corporate Actions
Manorama Inds drops after Q4 PAT slumps 13% QoQ to Rs 59 cr

12-May-26   14:56 Hrs IST
On a year on year basis, the company's net profit jumped 40.82% while revenue from operations climbed 64.21% in Q4 FY26.

The revenue growth fuelled by a favourable product mix of value-added products, complemented by higher utilization from the enhanced fractionation capacity.

Profit before tax (PBT) rose 47.98% YoY to Rs 80.81 crore in Q4 FY26.

EBITDA stood at Rs 1028.5 crore, up 61% compared with Rs 639 crore in Q4 FY25. EBITDA margin contracted 54 bps to 26.9% in Q4 FY26 as against 27.4% in Q4 FY25.

On a full year basis, the company's standalone net profit surged 108.13% to Rs 233.21 crore on 76.13% rise in revenue from operations to Rs 1357.69 crore in FY26 over FY25.

For FY26, the domestic to export revenue mix and stood at 43:57, reflecting diversified market presence.

Chairman and managing director of Manorama Industries, said, 'Manorama Industries has once again delivered a sustainable performance during FY26. The company achieved revenues of Rs 1,358 crore, reflecting a year-on-year growth of 76.1%. This underscores the sustainable demand for our products across the Food and cosmetics sectors, as well as the strength of our integrated value chain.

By the end of FY26, we boosted the capacity of our Solvent Fractionation Plant 2 (SF 2) by 30%, increasing it from 25,000 to 32,500 tonnes per annum through debottlenecking. We plan to implement similar capacity enhancements for Solvent Fractionation Plant 1 (SF 1), currently at 15,000 TPA. These expansions will enable us to meet the demand for Speciality fats and butters.

As we look ahead, we aim to further strengthening our leadership position through planned strategic capex of approx Rs 460 crore over the next 2-3 years. This includes investments in forward and backward integration, a new manufacturing facility for cocoa butter alternatives, refinery expansion and the establishment of a processing plant in Burkina Faso. Through these initiatives we aim to diversify raw material sources, enhance global competitiveness and support long-term sustainable growth.'

Meanwhile, the company's board recommended the final dividend of Rs 0.80 per equity share with a face value of Rs 2 each for the financial year 2025-26.

Additionally, the board approved a proposal to support the setting up of a processing facility in Burkina Faso through its wholly owned subsidiary, Taang Kaam Industries SA, through one or more financial assistance arrangements.

These include an increase in share capital/equity investment of up to Rs 150 crore, unsecured loans of up to Rs 100 crore, and corporate guarantees, bank guarantees and/or standby letters of credit (SBLCs) aggregating up to Rs 100 crore on behalf of the subsidiary.

Manorama Industries (MIL) is a global pioneer in manufacturing speciality fats & butters and exotic products. The company has carved a niche in manufacturing Sal CBE & Stearin, Shea CBE & Stearin, Mango CBE & Stearin and other exotic fats & butter. MIL offers customized solutions to companies in chocolate, confectionery and cosmetic industry.

Powered by Capital Market - Live News

Attention Investors:
Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 1, 2020. || Update your mobile number & email Id with your stock broker/depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. || Pay 20% upfront margin of the transaction value to trade in cash market segment. || Investors may please refer to the Exchange's Frequently Asked Questions (FAQs) issued vide circular reference NSE/INSP/45191 dated July 31, 2020 and NSE/INSP/45534 dated August 31, 2020 and other guidelines issued from time to time in this regard. || Check your Securities /MF/ Bonds in the consolidated account statement issued by NSDL/CDSL every month. || KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary. || No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.