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Manorama Industries Limited

Manorama Industries Limited

NSE: MANORAMA
Packaged FoodsConsumer DefensiveMID CAPMCap ₹12.06k Cr
₹1,911.20₹-16.20 (-0.84%)

Market Closed • NSE

Market cap₹12.06k Cr
Enterprise value₹11.78k Cr
P/E TTM46.28
Forward P/E34.71
P/B16.73
EPS TTM₹41.30
Forward EPS₹55.07
ROCE34.90%
D/E0.52
Dividend yield0.00%
Face value₹2.00
52W high₹2,149.50
52W low₹1,060.60
Price chart(1Y)
1Y Return:+22.17% (+₹346.80)
H: ₹2,149.5L: ₹1,490.6
1W-3.67%
1M-1.44%
3M+18.81%
6M+33.66%
1Y+24.83%
Today at a glance

Day range

₹1,905.00₹1,949.90

52 week range

₹1,060.60₹2,149.50
Volume131.7K0.82x 20D avg
Free float50.00%-18.20% volume

Manorama Industries Limited closed at INR1911.20 (-0.84%) on volume 0.82x its 20-day average, trading 11.09% below its 52-week high.

Technical analysis
RSI (14)46.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹65.71High
SMA 20₹1,936.70BEARISH
SMA 50₹1,910.97BULLISH
SMA 100₹1,737.86BULLISH
SMA 200₹1,548.72BULLISH
CPR bottom₹1,963.40
Pivot₹1,951.40
CPR top₹1,939.40
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +51.9% QoQ

2026-09-11

DIVIDEND Announced

Dividend - Re 0.80 Per Share

2025-08-21

DIVIDEND Announced

Dividend - Rs 0.60 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹355.8 Cr₹12.06k Cr2.95%≤ 33%PASS
Non-halal income ratio–₹1.37k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹1.18k Cr₹1.19k Cr99.16%≥ 20%PASS
Receivables ratio–₹1.19k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E46.2821.90
Forward P/E34.71—
P/B16.732.40
EV/EBITDA—18.00
PEG—1.30
Earnings yield2.204.60
Growth & profitability
RevenuePAT
FY23PAT margin 8.60%
FY24PAT margin 8.80%
FY25PAT margin 14.30%
FY26PAT margin 16.50%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+21.00%
Revenue CAGR 5Y+31.50%
PAT CAGR 3Y+25.00%
PAT CAGR 5Y+48.50%
Operating margin24.76%
Net margin17.33%
Financial health & cash flow
Net debt₹345.8 CrModerate
Interest coverage8.60xEBIT / interest
CFO / PAT0.81x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹250.4 Cr
Capital expenditure–
Free cash flow₹195.6 Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall70/100
Valuation50/100
Profitability80/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 34.9%

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Packaged Foods.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · September 2025

Ownership distribution

Sept 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025
5.85%Institutional holding
39.83%Public holding
4Periods available
0.00%Promoter pledged
33.84KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
14 Sept 2026Dividend₹0.80 / share—11 Sept 2026
21 Aug 2025Dividend₹0.60 / share—21 Aug 2025
—Dividend₹0.40 / share—27 Aug 2024
08 Mar 2024Dividend₹10.00 / share—07 Mar 2024
—Dividend₹2.00 / share—11 Sept 2023
—Annual General MeetingAnnual General Meeting—09 Sept 2022
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)48.51%+6.13% latest vs average
Highest delivery59.00%on 24 Sept
Average volume (20D)161.0KTrading-session average
Conviction trendStrengthening+6.13% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Hindustan Unilever Limited
Hindustan Unilever LimitedHINDUNILVR
Open analysis
₹4.45L42.462.32%₹17,341.00₹2,680.00+10.05%-3.18%
ITC Limited
ITC LimitedITC
Open analysis
₹3.30L16.646.06%₹19,114.00₹4,509.00-11.08%-15.61%
Nestlé India Limited
Nestlé India LimitedNESTLEIND
Open analysis
₹2.44L59.830.94%₹6,378.00₹959.00+25.16%+48.22%
Avenue Supermarts Limited
Avenue Supermarts LimitedDMART
Open analysis
₹2.18L69.890.00%₹18,795.00₹860.00+14.88%+11.25%
Varun Beverages Limited
Varun Beverages LimitedVBL
Open analysis
₹1.46L43.050.47%₹8,451.00₹1,525.00+20.44%+15.09%
Britannia Industries Limited
Britannia Industries LimitedBRITANNIA
Open analysis
₹1.15L44.071.87%₹5,000.00₹593.00+8.18%+14.04%
Marico Limited
Marico LimitedMARICO
Open analysis
₹1.02L53.910.51%₹3,957.00₹652.00+22.85%+27.10%
UNITED SPIRITS LIMITED
UNITED SPIRITS LIMITEDUNITDSPR
Open analysis
₹97,987.6558.111.23%₹3,054.00₹539.00+3.67%+28.03%
About Manorama Industries Limited
Manorama Industries Limited

Manorama Industries is engaged in manufacturing specialty fats and butter made from exotic seeds and nuts. [1]

IndiaConsumer Defensive

Questions investors ask
Is Manorama Industries Limited Shariah compliant?

Manorama Industries Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (2.95%) complies with AAOIFI threshold (≤ 33%).

What is Manorama Industries Limited's current valuation relative to peers?

Manorama Industries Limited trades at a P/E of 46.3x compared to the sector median of 21.9x, and a Price-to-Book of 16.7x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.52x. Interest coverage is 8.6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 31.5% while net profit growth averaged 48.5%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.