Manorama Industries, 541974, MANORAMA Share Price, Rating, Research, Analysis, Fundamental & Historical Data

Stock Summary

Market Cap(Crs)
Stock P:E
Face Value

8,957.47
62.55
2

Enterprise Value(Crs)
Dividend Yield
Price:Book Value

9,339.96
0.04%
18.28

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

10 Years
5 Years
3 Years

19.39
30.63
30.01

EBITDA CAGR (%)

10 Years
5 Years
3 Years

48.49
40.64
27.58

PAT CAGR (%)

10 Years
5 Years
3 Years

59.07
50.36
55.54

P:E (Median)

8 Years
5 Years
3 Years

-
66.37
67.74

P:BV (Average)

8 Years
5 Years
3 Years

-
9.06
10.64

EV:EBITDA (Average)

8 Years
5 Years
3 Years

-
34.26
37.27

Earnings Forecasts:

(Updated: 27-09-2025)

Description 2024 2025 2026 2027
Adj EPS 18.8 27.72 37.34 46.8
P/E Ratio 79.81 54.13 40.18 32.06
Revenue 770.84 1048.35 1266.85 1485.3
EBITDA 191.05 265.2 333.7 402.7
Net Income 112.05 165.55 222.8 279.2
ROA 13.02
P/B Ratio 19.36 14.09 10.47 7.97
ROE 28.05 26.6 26.6 25.25
FCFF -121.85 161.9 253.6 288.3
FCFF Yield -1.33 1.77 2.78 3.16
Net Debt 386.12 275 71 -189
BVPS 77.5 106.5 143.3 188.2

Quarterly Results

Standalone Figures in Rs. Crores /

Consolidated

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 289.55 133.42 117.02% 232.81 129.33 80.01% 209.21 98.45 112.50% 195.42 117.73 65.99%
Expenses 210.58 106.64 97.47% 168.90 108.56 55.58% 154.03 82.84 85.94% 150.21 99.24 51.36%
EBITDA 78.97 26.77 194.99% 63.90 20.77 207.66% 55.17 15.61 253.43% 45.21 18.49 144.51%
EBIDTM 27.27% 20.07% 27.45% 16.06% 26.37% 15.86% 23.13% 15.71%
Other Income 5.09 4.08 24.75% 9.06 3.77 140.32% 1.94 4.09 -52.57% 3.48 2.10 65.71%
Interest 9.20 8.50 8.24% 11.95 6.88 73.69% 10.94 5.53 97.83% 7.78 5.10 52.55%
Depreciation 5.72 4.12 38.83% 6.40 3.77 69.76% 5.99 3.58 67.32% 5.61 3.28 71.04%
PBT 69.15 18.23 279.32% 54.62 13.90 292.95% 40.18 10.59 279.41% 35.30 12.21 189.11%
Tax 18.57 4.69 295.95% 12.35 1.40 782.14% 10.65 3.15 238.10% 8.59 3.61 137.95%
PAT 50.58 13.54 273.56% 42.27 12.50 238.16% 29.53 7.44 296.91% 26.71 8.61 210.22%
PATM 17.47% 10.15% 18.16% 9.67% 14.12% 7.56% 13.67% 7.31%
EPS 8.49 2.27 274.01% 7.09 2.10 237.62% 4.95 1.25 296.00% 4.48 1.44 211.11%

Description Jun 25 Jun 24 Var% Mar 25 Mar 24 Var% Dec 24 Dec 23 Var% Sep 24 Sep 23 Var%
Net Sales 289.55 0.00 0 232.81 0.00 0 209.21 0.00 0 195.42 0.00 0
Expenses 214.85 0.00 0 171.55 0.00 0 155.06 0.00 0 151.18 0.00 0
EBITDA 74.71 0.00 0 61.25 0.00 0 54.15 0.00 0 44.23 0.00 0
EBIDTM 25.80% 0.00% 26.31% 0.00% 25.88% 0.00% 22.63% 0.00%
Other Income 5.76 0.00 0 9.52 0.00 0 3.91 0.00 0 3.49 0.00 0
Interest 9.25 0.00 0 11.96 0.00 0 10.94 0.00 0 7.78 0.00 0
Depreciation 5.73 0.00 0 6.40 0.00 0 6.00 0.00 0 5.61 0.00 0
PBT 65.49 0.00 0 52.41 0.00 0 41.11 0.00 0 34.33 0.00 0
Tax 18.55 0.00 0 12.37 0.00 0 10.65 0.00 0 8.59 0.00 0
PAT 46.94 0.00 0 40.04 0.00 0 30.47 0.00 0 25.74 0.00 0
PATM 16.21% 0.00% 17.20% 0.00% 14.56% 0.00% 13.17% 0.00%
EPS 7.87 0.00 0 6.72 0.00 0 5.11 0.00 0 4.32 0.00 0

Annual Results

Standalone Figures in Rs. Crores /

Consolidated

Description TTM Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Net Sales 926.99 770.84 457.08 350.80 279.12 202.63 188.24 102.40 219.35 145.48 131.04 Net Sales Growth 93.55% 68.64% 30.30% 25.68% 37.75% 7.64% 83.83% -53.32% 50.78% 11.02% Cost Of Goods Sold 472.76 388.17 242.49 211.38 149.83 116.43 83.11 44.06 176.64 124.62 107.65 Gross Profit 454.23 382.67 214.59 139.42 129.29 86.19 105.13 58.33 42.71 20.87 23.39 GP Margin 49.00% 49.64% 46.95% 39.74% 46.32% 42.54% 55.85% 56.96% 19.47% 14.35% 17.85% Total Expenditure 683.72 580.05 383.56 294.35 240.18 167.96 144.40 74.12 202.66 142.72 127.38 Power & Fuel Cost - 29.61 19.89 16.26 11.15 9.47 4.29 0.41 0.36 0.39 0.49 % Of Sales - 3.84% 4.35% 4.64% 3.99% 4.67% 2.28% 0.40% 0.16% 0.27% 0.37% Employee Cost - 47.92 19.53 12.82 9.64 7.52 6.91 3.50 2.99 2.98 2.49 % Of Sales - 6.22% 4.27% 3.65% 3.45% 3.71% 3.67% 3.42% 1.36% 2.05% 1.90% Manufacturing Exp. - 41.83 44.40 20.17 36.27 15.49 26.86 14.29 11.49 7.09 5.96 % Of Sales - 5.43% 9.71% 5.75% 12.99% 7.64% 14.27% 13.96% 5.24% 4.87% 4.55% General & Admin Exp. - 35.36 28.06 16.81 11.39 8.51 11.44 5.95 3.50 3.62 4.35 % Of Sales - 4.59% 6.14% 4.79% 4.08% 4.20% 6.08% 5.81% 1.60% 2.49% 3.32% Selling & Distn. Exp. - 31.77 25.98 14.90 20.30 9.03 10.87 4.26 4.14 4.01 6.30 % Of Sales - 4.12% 5.68% 4.25% 7.27% 4.46% 5.77% 4.16% 1.89% 2.76% 4.81% Miscellaneous Exp. - 5.39 3.21 2.02 1.60 1.49 0.92 1.64 3.53 0.02 6.30 % Of Sales - 0.70% 0.70% 0.58% 0.57% 0.74% 0.49% 1.60% 1.61% 0.01% 0.11% EBITDA 243.25 190.79 73.52 56.45 38.94 34.67 43.84 28.28 16.69 2.76 3.66 EBITDA Margin 26.24% 24.75% 16.08% 16.09% 13.95% 17.11% 23.29% 27.62% 7.61% 1.90% 2.79% Other Income 19.57 18.83 13.15 6.12 8.24 6.15 5.95 3.64 1.68 0.91 0.66 Interest 39.87 39.16 19.89 8.66 5.77 10.49 9.77 4.55 1.75 0.80 1.78 Depreciation 23.72 22.12 13.61 10.85 7.89 7.96 7.66 0.81 0.71 0.82 0.86 PBT 199.25 148.33 53.17 43.06 33.51 22.36 32.37 26.56 15.92 2.05 1.67 Tax 50.16 36.28 13.06 13.28 9.37 7.78 9.03 7.50 5.99 0.67 0.59 Tax Rate 25.17% 24.46% 24.56% 30.84% 27.96% 34.79% 27.90% 28.24% 37.63% 32.68% 35.33% PAT 149.09 112.05 40.11 29.78 24.14 14.58 23.33 19.06 9.93 1.38 1.08 PAT before Minority Interest 149.09 112.05 40.11 29.78 24.14 14.58 23.33 19.06 9.93 1.38 1.08 Minority Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT Margin 16.08% 14.54% 8.78% 8.49% 8.65% 7.20% 12.39% 18.61% 4.53% 0.95% 0.82% PAT Growth 254.22% 179.36% 34.69% 23.36% 65.57% -37.51% 22.40% 91.94% 619.57% 27.78% EPS 25.02 18.80 6.73 5.00 4.05 2.45 3.91 3.20 1.67 0.23 0.18

Description TTM Mar 25
Net Sales - 770.84 Net Sales Growth - Cost Of Goods Sold - 388.17 Gross Profit - 382.67 GP Margin - 49.64% Total Expenditure - 584.70 Power & Fuel Cost - 29.64 % Of Sales - 3.85% Employee Cost - 49.99 % Of Sales - 6.49% Manufacturing Exp. - 41.86 % Of Sales - 5.43% General & Admin Exp. - 36.87 % Of Sales - 4.78% Selling & Distn. Exp. - 32.57 % Of Sales - 4.23% Miscellaneous Exp. - 5.61 % Of Sales - 0.73% EBITDA - 186.14 EBITDA Margin - 24.15% Other Income - 21.27 Interest - 39.19 Depreciation - 22.13 PBT - 146.08 Tax - 36.29 Tax Rate - 24.84% PAT - 109.79 PAT before Minority Interest - 109.79 Minority Interest - 0.00 PAT Margin - 14.24% PAT Growth - EPS - 18.42

Results Balance Sheet

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Shareholder's Funds 461.92 337.01 298.30 268.26 144.73 127.26 103.92 24.31 14.37 12.99 Share Capital 11.92 11.92 11.92 11.92 11.13 11.13 11.13 7.55 2.16 2.16 Total Reserves 433.42 323.86 286.16 256.34 133.60 116.13 92.80 16.76 12.21 10.84 Non-Current Liabilities 49.98 56.76 30.11 32.92 17.67 0.94 0.14 0.37 -0.34 -0.16 Secured Loans 42.85 50.74 23.99 29.84 15.06 0.50 0.51 0.09 0.00 0.09 Unsecured Loans 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 1.87 1.04 0.63 0.50 0.28 0.24 0.23 0.15 0.12 0.09 Current Liabilities 473.13 342.90 96.00 94.62 91.48 160.59 28.83 21.50 8.12 7.05 Trade Payables 14.31 40.14 4.04 8.15 7.40 32.99 1.47 1.03 7.17 1.52 Other Current Liabilities 25.00 17.21 10.50 10.32 10.40 3.34 1.56 0.35 0.85 0.64 Short Term Borrowings 426.60 285.39 80.44 73.46 69.69 118.52 23.50 17.82 0.01 4.66 Short Term Provisions 7.22 0.16 1.03 2.69 3.99 5.74 2.30 2.29 0.09 0.23 Total Liabilities 985.03 736.67 424.41 395.80 253.88 288.79 132.89 46.18 22.15 19.88 Net Block 176.02 129.33 96.63 55.32 56.60 51.38 6.33 3.26 2.51 2.69 Gross Block 237.63 169.39 123.08 71.10 64.56 63.94 11.24 7.46 6.89 6.24 Accumulated Depreciation 61.61 40.06 26.45 15.79 7.96 12.57 4.91 4.20 4.38 3.56 Non Current Assets 193.50 180.69 154.12 116.26 73.74 62.88 35.19 4.57 2.58 2.87 Capital Work in Progress 4.70 41.91 50.17 41.58 0.00 0.00 15.51 0.69 0.00 0.11 Non Current Investment 0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 Long Term Loans & Adv. 7.37 5.44 3.75 13.43 1.23 1.36 6.12 0.62 0.06 0.06 Other Non Current Assets 4.91 4.01 3.56 5.93 15.91 10.14 7.23 0.00 0.00 0.00 Current Assets 791.52 555.97 270.29 279.54 180.14 225.90 97.70 41.61 19.56 17.01 Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Inventories 549.04 389.23 157.69 181.07 123.24 150.06 37.00 18.03 1.90 5.51 Sundry Debtors 101.73 41.82 27.58 25.09 22.36 16.26 14.16 1.64 1.07 0.38 Cash & Bank 96.18 87.54 59.94 53.04 17.41 36.37 42.39 19.12 15.74 10.18 Other Current Assets 44.57 4.12 2.91 1.57 17.14 23.22 4.16 2.81 0.85 0.95 Short Term Loans & Adv. 41.24 33.26 22.16 18.77 15.95 12.67 1.35 2.72 0.74 0.89 Net Current Assets 318.39 213.07 174.29 184.92 88.66 65.32 68.88 20.11 11.44 9.96 Total Assets 985.02 736.66 424.41 395.80 253.88 288.78 132.89 46.18 22.14 19.88

Description Mar 25
Shareholder's Funds 459.72 Share Capital 11.92 Total Reserves 431.23 Non-Current Liabilities 49.98 Secured Loans 42.85 Unsecured Loans 0.00 Long Term Provisions 1.87 Current Liabilities 473.62 Trade Payables 14.49 Other Current Liabilities 25.31 Short Term Borrowings 426.60 Short Term Provisions 7.22 Total Liabilities 983.32 Net Block 176.15 Gross Block 237.77 Accumulated Depreciation 61.62 Non Current Assets 193.14 Capital Work in Progress 4.70 Non Current Investment 0.00 Long Term Loans & Adv. 7.37 Other Non Current Assets 4.91 Current Assets 790.18 Current Investments 0.00 Inventories 550.48 Sundry Debtors 101.73 Cash & Bank 98.35 Other Current Assets 39.63 Short Term Loans & Adv. 36.13 Net Current Assets 316.56 Total Assets 983.32

Cash Flow

Standalone Figures in Rs. Crores /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Cash From Operating Activity -58.73 -153.50 59.28 -33.36 33.49 -60.08 -10.95 -11.28 10.66 1.31 PBT 148.33 53.17 43.06 33.51 22.36 32.37 26.56 15.92 2.05 1.67 Adjustment 69.55 28.66 16.50 12.13 16.42 14.59 2.32 1.43 0.68 1.52 Changes in Working Capital -247.16 -220.38 11.73 -67.62 3.29 -102.25 -33.64 -25.24 8.92 -1.19 Cash after chg. in Working capital -29.28 -138.55 71.28 -21.97 42.07 -55.29 -4.76 -7.88 11.64 2.00 Interest Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Tax Paid -29.45 -14.95 -12.00 -11.39 -8.58 -4.79 -6.19 -3.40 -0.98 -0.69 Other Direct Exp. Paid 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Extra & Other Items 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Cash From Investing Activity -33.99 -62.09 -99.47 -34.54 10.88 -9.99 -49.81 -0.85 0.33 -0.33 Net Fixed Assets -31.03 -38.05 -60.57 -48.12 -0.62 -37.19 -18.60 -1.26 -0.54 -0.92 Net Investments -0.50 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.00 Others -2.46 -24.04 -38.90 13.58 11.50 27.20 -31.21 0.40 0.87 0.59 Cash from Financing Activity 92.79 214.12 -7.12 116.69 -44.57 85.27 62.50 15.51 -5.44 2.23 Net Cash Inflow / Outflow 0.07 -1.47 -47.31 48.79 -0.20 15.19 1.74 3.39 5.55 3.21 Opening Cash & Equivalents 0.42 1.88 49.19 0.40 0.60 2.18 0.43 15.74 10.18 6.98 Closing Cash & Equivalent 0.49 0.42 1.88 49.19 0.40 17.37 2.18 19.12 15.74 10.18

Description Mar 25
Cash From Operating Activity -56.90 PBT 146.08 Adjustment 69.65 Changes in Working Capital -243.17 Cash after chg. in Working capital -27.43 Interest Paid 0.00 Tax Paid -29.46 Other Direct Exp. Paid 0.00 Extra & Other Items 0.00 Cash From Investing Activity -33.64 Net Fixed Assets Net Investments Others Cash from Financing Activity 92.77 Net Cash Inflow / Outflow 2.24 Opening Cash & Equivalents 0.42 Closing Cash & Equivalent 2.65

Financial Ratios

Standalone /

Consolidated

Description Mar 25 Mar 24 Mar 23 Mar 22 Mar 21 Mar 20 Mar 19 Mar 18 Mar 17 Mar 16
Book Value (Rs.) 74.72 56.34 50.01 225.05 130.06 114.36 93.39 32.20 66.61 60.23 ROA 13.02% 6.91% 7.26% 7.43% 5.37% 11.07% 21.29% 29.07% 6.54% 5.97% ROE 28.69% 12.66% 10.52% 11.69% 10.72% 20.19% 29.73% 51.36% 10.05% 9.56% ROCE 23.06% 13.39% 13.18% 12.95% 13.78% 22.47% 36.46% 62.30% 17.57% 21.89% Fixed Asset Turnover 3.79 3.13 3.61 4.11 3.15 5.01 10.95 30.57 22.15 22.45 Receivable days 33.99 27.71 27.40 31.02 34.78 29.49 28.16 2.26 1.81 1.92 Inventory Days 222.14 218.37 176.23 198.97 246.15 181.35 98.08 16.59 9.30 11.67 Payable days 25.60 33.25 10.53 18.94 63.30 31.77 5.25 7.05 11.63 4.05 Cash Conversion Cycle 230.53 212.84 193.11 211.05 217.63 179.08 120.99 11.79 -0.52 9.54 Total Debt/Equity 1.08 1.03 0.37 0.40 0.59 0.94 0.24 0.74 0.01 0.38 Interest Cover 4.79 3.67 5.97 6.80 3.13 4.31 6.84 10.11 3.56 1.94

Description Mar 25
Book Value (Rs.) 74.35 ROA 11.17% ROE 24.78% ROCE 19.70% Fixed Asset Turnover 3.24 Receivable days 48.17 Inventory Days 260.66 Payable days 13.62 Cash Conversion Cycle 295.20 Total Debt/Equity 1.09 Interest Cover 4.73

Top Investors:

ritu saraf

prasoon bhatt

vaidyanath balasubramanian

mahesh shivanand desai

sanjay katkar

lic mf manufacturing fund

aditya birla sun life trustee private limited a/c aditya birla sun life small cap fund

kailash sahebrao katkar

bank of india multi cap fund

vijay balkrishna pusalkar

Annual Reports:

News Update:

Manorama Industries deepens international presence in Africa, Latin America
28th Aug 2025, 15:40 PM

The company has signed a MOU with the National Office for Major Projects of Burkina Faso
Read More
Manorama Industries - Quarterly Results
25th Jul 2025, 17:54 PM

Read More

Manorama Industries Ltd.

Solvent Extraction

BSE: 541974 | NSE: MANORAMA

Stock Summary

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update:

Manorama Industries Ltd.

Solvent Extraction

BSE: 541974 | NSE: MANORAMA

Stock Summary

Shareholding Pattern

Chart

Price | P:E | P:BV | EV:EBITDA | MCap:Sales | EPS

Revenue CAGR (%)

EBITDA CAGR (%)

PAT CAGR (%)

P:E (Median)

P:BV (Average)

EV:EBITDA (Average)

Earnings Forecasts:

Quarterly Results

Standalone Figures in Rs. Crores /

Annual Results

Standalone Figures in Rs. Crores /

Results Balance Sheet

Standalone Figures in Rs. Crores /

Cash Flow

Standalone Figures in Rs. Crores /

Financial Ratios

Standalone /

Top Investors:

Annual Reports:

News Update: