Manorama Industries reported strong financial results for Q3 and the nine months ended December 31, 2025. Q3 revenue reached INR 363 Crores, a 73.3% year-over-year increase. The company has also raised its FY26 revenue guidance. EBITDA and PAT also showed substantial growth, driven by optimized fractionation facility use and strong product demand. The company is expanding capacity to meet growing demand.
Financial Performance Highlights
Manorama Industries announced impressive financial results for Q3 and the first nine months of fiscal year 2026:
- Q3 revenue surged to INR 363 Crores, marking a significant 73.3% increase compared to the previous year.
- The company has raised its FY26 revenue guidance from INR 1,150 Crores to over INR 1,300 Crores.
Profitability Metrics
Key profitability indicators also demonstrated robust growth:
- EBITDA for Q3 reached INR 982 million, with an EBITDA margin of 27.1%.
- PAT for Q3 stood at INR 682.4 million, resulting in a PAT margin of 18.8%.
Expansion and Capacity Enhancement
In response to increasing demand, Manorama Industries is taking steps to expand its production capacity:
- The company is increasing existing fractionation capacity by 30%, targeting 52,000 metric tonnes per annum (MTPA) by the end of FY26.
- A capital expenditure plan of approximately INR 460 Crores has been approved for investments in supporting infrastructure over the next 2-3 years.
Strategic Initiatives
Manorama Industries is focused on integrated value chain management to ensure margin stability and customer loyalty. Backward and forward integration efforts aim to provide exceptional control over quality, cost, and supply stability.
Capex Plan
The capital expenditure plan includes:
- Setting up a manufacturing facility for Cocoa Butter Alternative (CBA) in India with a capacity of 75,000 MTPA.
- Establishing a new Solvent Fractionation manufacturing facility in India for various exotic seeds, also with a capacity of 75,000 MTPA.
- Creating a new refinery manufacturing facility in India with a capacity of 90,000 MTPA.
- Building a new processing factory in Burkina Faso (Africa) with a capacity of 90,000 MTPA.
Source: BSE
