Manorama Industries Limited reported robust growth for the fiscal year ended March 31, 2026. The company achieved a standalone net profit of ₹233.22 crore and a consolidated net profit of ₹214.94 crore. Furthermore, the Board has recommended a final dividend of ₹0.80 per share. To scale its international operations, the company approved significant financial assistance for setting up a new processing factory in Burkina Faso through its wholly-owned subsidiary, Taang Kaam Industries SA.
Financial Performance Overview
For the financial year ended March 31, 2026, Manorama Industries Limited demonstrated strong financial health. The company recorded a standalone revenue of ₹1,357.70 crore and a standalone net profit of ₹233.22 crore. On a consolidated basis, the firm reported revenue from operations of ₹1,366.74 crore with a net profit of ₹214.94 crore. These results reflect a successful operational year for the organization.
Dividend Recommendation
Reflecting the company’s strong performance, the Board of Directors has recommended a final dividend of ₹0.80 per equity share, representing 40% of the face value of ₹2.00. This dividend will be payable to eligible shareholders following approval at the upcoming Annual General Meeting.
Strategic Global Expansion
A key highlight of the board meeting was the approval of a strategic expansion plan in Burkina Faso. The company plans to support the establishment of a processing factory through its wholly-owned subsidiary, Taang Kaam Industries SA. The financial backing for this project will reach up to ₹150 crore in equity investment, along with additional support through unsecured loans or guarantees of up to ₹100 crore each, ensuring the subsidiary has sufficient capital to meet its operational and establishment requirements.
Operational Appointments
In addition to financial and expansion matters, the company has confirmed the re-appointment of its auditors to ensure continued transparency and governance. CLA Indus Value Consulting Private Limited has been re-appointed as the Internal Auditor, while M/s. S N & Co., Cost Accountants, continues as the Cost Auditor for the financial year 2026-27.
Source: BSE
