Partner With Us NRI

Manorama Industries Ltd share Price Today

Company details

6M Return 31.67%
1Y Return 86.67%
Mkt Cap.(Cr) 2,409.03
Volume 6,359
Div Yield 0.10%
OI Chg %
Volume 6,359

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Other food products company Manorama Industries announced Q1FY24 results:

  • Revenues for Q1FY24 stood at Rs 1,115.6 million, a growth of 53% YoY as compared to Rs 729.7 million Q1FY23
  • Reported an absolute EBITDA growth of 48% YoY and 13% QoQ which stood at Rs 186.4 million
  • PAT for Q1FY24 grew by 71% YoY and 16% QoQ to Rs 115.5 million
  • PAT margins improved by —53 bps which stood at 10.4% as compared to 9.8% in Q4FY23
  • Cash PAT for Q1FY24 grew by 69% YoY and 10% QoQ which stood at Rs 145.4 million.

Commenting on the results and performance, Gautam Kumar Pal, Managing Director, said: "We are delighted to report a strong performance for the first quarter of FY24. Our Revenue for the quarter demonstrated an impressive growth of 53% YoY and 10% QoQ, which stood at Rs 1,115.6 million. This performance can be attributed to the continuous enhancement in demand and consumption within the Chocolate, Confectionery, and Cosmetic industry.

The EBITDA for the quarter exhibited remarkable growth, growing by 48% YoY and 13% QoQ which stood at Rs 186.4 million. Furthermore, our dedication to operational efficiency and cost management is evident in the - 50 basis points improvement in EBITDA Margins, improvement in EBITDA Margins, which now stand at 16.7% as compared to 16.2% in Q4FY23.

In May 2023, we reached a significant milestone with the successful completion of capex for our Refinery plant and other associated facilities. Our current focus is on completing the Fractionation plant, a project anticipated to commence operations in the coming months. As of June 30, 2023, the company's investment toward this Capital Expansion has amounted to Rs 1,099 million.

Upon the commencement of this expansion, our combined capacity is poised to deliver substantial growth in both top-line and bottom-line, accompanied by enhanced throughput.

Moreover, in continuation with the outcome of the board meeting in August 2022, during this quarter, the company now has successfully finalized the acquisition of 100% shares of its associate company, Manorama Africa Limited, at a valuation of Rs 100 million by way of cash consideration. This strategic transaction marks a significant juncture, leading to Manorama Africa Limited (MAL) becoming a wholly-owned subsidiary of Manorama Industries Limited. MAL which has expertise in sourcing Shea nuts from key West African markets of Benin, Burkina Faso, Ivory Coast, Togo, and Nigeria, will be a unique dimension to our portfolio."



Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Manorama Industries Ltd Stocks COMPARISION


Equity Capital: 298.30 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,520.16 27,959.84
LAST 3M 53,623.33 7,912.60
LAST 6M 94,188.00 82,000.34
LAST 12M 161,805.53 123,740.85
Manorama Industries Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Dec 04, 2023 l NSE Announcement

Manorama Industries Limited - Updates

Nov 28, 2023 l NSE Announcement

Date Action Type Ratio
Sep 11, 2023 Dividend 20

Manorama Industries Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Manorama Industries Limited was originally incorporated as a private limited company with the name "Manorama Industries Private Limited" at Raipur, Chhattisgarh on August 9, 2005. Subsequently the Company was converted in to Public Limited Company and the name of the Company was changed to "Manorama Industries Limited" on March 23, 2018. Vinita Saraf is the promoter of the Company. Vinita Saraf and Ritu Saraf are the initial subscribers to Memorandum of Association of the Company. The Company is engaged in manufacturing, processing and supply of exotic and specialty fats like sal butter, sal fat, sal oil, sal stearine, mango butter, mango fat, mango oil, mango stearine, kokum butter, kokum oil, mowrah fat, and several value-added tailors made products that form the ingredients of Cocoa Butter Equivalents (CBE). The Company is ISO 9001: 2008, ISO 22000:2005 and FSSC 22000 certified and the products manufactured by the Company are certified by various agencies such as Star Kosher Certification and meets the requirements set down by Food Safety & Standards Authority of India, Halal Certified Products List. The Company is supplying its products both in domestic and export markets. It has also been recognised as Star Export House by Government of India. Domestically, the company majorly supply in Maharashtra, Gujarat, etc. and internationally, the company mainly supply its products in countries like Japan, Italy, Malaysia, Indonesia, Singapore, Netherlands, Germany, Sweden, Denmark and UK.

Registered Address

Office No 403 4 Th Floor, Midas Kurla Road Andheri East, Mumbai, Maharashtra, 400059

Tel : 91-22-67088148
Email : investors:manoramagroup.co.in
Website : http://www.manoramagroup.co.in

Link Intime India Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 541974
Book Closure Date (Month) :
BSE Group : B
ISIN : INE00VM01010

FAQ’s on Manorama Industries Ltd Shares

You can buy Manorama Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Manorama Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 05, 2023 01:29 PM the closing price of Manorama Industries Ltd was ₹ 2,021.00.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 05, 2023 01:29 PM, the market cap of Manorama Industries Ltd stood at ₹ 2,409.03.

The latest PE ratio of Manorama Industries Ltd as of Dec 05, 2023 01:29 PM is 65.19

The latest PB ratio of Manorama Industries Ltd as of Dec 05, 2023 01:29 PM is 0.13

The 52-week high of Manorama Industries Ltd is ₹ 2,384.95 while the 52-week low is ₹ 894.85

Download Our App

market app
market app