Manorama Industries Limited has reported a stellar financial performance for the fiscal year ended March 31, 2026. The company achieved a 76.1% YoY revenue growth to reach INR 13,577 million, while Profit After Tax (PAT) surged by 108.1% to INR 2,332 million. Driven by a favorable product mix and operational efficiencies, the company continues to demonstrate sustainable growth in the global specialty fats and butters market.
Annual Financial Highlights
For the fiscal year 2026, Manorama Industries delivered robust growth across key financial metrics. The company reported annual revenue of INR 13,577 million, marking a 76.1% increase over the previous year. EBITDA grew significantly by 92.5% to INR 3,677 million, with margins expanding by 230 bps to reach 27.1%. The surge in PAT to INR 2,332 million highlights the company’s strong focus on cost optimization and value-added product strategies.
Strategic Operational Milestones
During the year, the company successfully enhanced its production capabilities through the debottlenecking of Solvent Fractionation Plant 2 (SF 2), increasing capacity by 30% to 32,500 tonnes per annum. Management has outlined a strategic capital expenditure plan of approximately INR 460 crores for the next 2–3 years. This investment roadmap includes backward integration, a new facility for cocoa butter alternatives, and a processing plant in Burkina Faso to diversify raw material sourcing.
Capital Efficiency and Shareholder Value
Manorama Industries achieved a key milestone in FY26, as its annual Cash Profit exceeded its Gross Block, signaling exceptional capital efficiency. The company also improved its working capital cycle to approximately 125 days. Reflecting confidence in its growth trajectory, the Board of Directors has announced a final dividend of INR 0.80 per share, representing 40% of the face value for the 2025-26 financial year.
Source: BSE
