Manorama Industries Limited announced robust financial results for the quarter and financial year ended March 31, 2026. The company reported a significant increase in annual revenue to ₹1,369.05 crore on a standalone basis and recommended a final dividend of ₹0.80 per equity share. Furthermore, the company has approved a major strategic expansion, including a capital investment of up to ₹150 crore for a new processing factory in Burkina Faso.
Fiscal Year 2026 Financial Highlights
For the financial year ended March 31, 2026, Manorama Industries Limited demonstrated strong growth. On a standalone basis, the company achieved a total revenue of ₹1,369.05 crore, marking a substantial increase compared to the previous year. Net profit after tax for the same period stood at ₹233.22 crore, with a basic earnings per share (EPS) of ₹39.06.
The consolidated results also reflected a positive performance, with the company reporting a total revenue of ₹1,377.09 crore and a net profit after tax of ₹214.94 crore for the year.
Dividend Recommendation
Reflecting the company’s strong financial health and commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹0.80 per equity share, having a face value of ₹2 each. This dividend represents 40% of the face value and is subject to approval by shareholders at the upcoming Annual General Meeting.
Strategic Global Expansion
A key highlight of the board meeting was the approval for a major expansion into Burkina Faso. The company plans to establish a new processing factory through its wholly-owned subsidiary, Taang Kaam Industries SA. To facilitate this project, the board approved financial assistance including:
- Equity investment of up to ₹150 crore in Taang Kaam Industries SA.
- Unsecured loans of up to ₹100 crore.
- Corporate or Bank guarantees up to ₹100 crore.
This initiative is designed to support the capital and operational requirements of the subsidiary, strengthening the company’s global supply chain and production capabilities.
Operational Appointments
The company also confirmed the re-appointment of its audit partners for the 2026-27 financial year. CLA Indus Value Consulting Private Limited will continue as the Internal Auditor, while M/s. S N & Co., Cost Accountants has been re-appointed as the Cost Auditor, ensuring continued financial oversight and compliance.
Source: BSE
