MANORAMA

Manorama Industries Ltd.

NSE: MANORAMA

BSE: 541974

Sector: Fast Moving Consumer Goods

Industry Group: Food Products

Industry: Other Food Products

2,132.90+129.3 (+6.45%)

8 Sep, 12:00 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

92.0 / 100

Value Score

12.3 / 100

Price Momentum Score

93.5 / 100

QVM Score

81.8 / 100

Key Metrics

Market Cap

13463.30

P/E (TTM)

54.58

P/B

20.03

P/S (TTM)

9.09

EV/EBITDA

35.85

CAPE (5Y)

129.19

ROE (TTM)

37.98

ROCE (TTM)

33.07

ROA (TTM)

19.78

Avg 3Y ROE

26.06

Earnings 3Y CAGR

92.43

Sales 3Y CAGR

56.10

Sales 5Y CAGR

45.66

Debt/Equity

0.53

Consensus TP

2065.00

Strong Buy %

Promoter Holding

54.32

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Manorama Industries Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 93.5 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

93.5 / 100

Analysts have been raising forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has increased by 1.21% in the last 3 months, indicating earnings momentum

What is Earnings upgrade (3M)?

Not enough data

High and improving ROE

The company reported strong ROE of 37.98% for 12-month ended 30 Jun 2026 and ROE improved by 1042 bps from 1 year ago

What is ROE (FY)?

High and stable operating margin

The company reported strong operating margin of 24.09% for 12-month ended 30 Jun 2026 and operating margin improved marginally by 137 bps from 1 year ago

What is Operating profit margin?

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 59.79% for 12-month ended 30 Jun 2026 and the growth was 36.0 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 23.79

Value 59.79

-7.54353.26

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 72.55% for 12-month ended 30 Jun 2026 and the growth was 73.1 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low and declining Debt to Equity

The company has low Debt to Equity of 0.53 as on 30 Jun 2026 and Debt to Equity decreased by 0.52 in the last 1 year

What is Debt to Equity?

Company's earnings are of high quality

Earnings quality score of 70.8 indicates that the company's earnings are of high quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

70.8 / 100

Consistently pays dividend

The company has not missed dividend payments once in the last 3 financial years

What is Dividend streak?

Negative

Expensive and at a premium to industry median P/E

PE TTM of 54.58 indicates that the stock is expensive on a standalone basis and is at a 122.14% premium to industry median P/E

What is P/E Ratio?

Median: 24.57

Value 54.58

7.53901.8

Low dividend yield

The company has a low dividend yield of 0.04%

What is Dividend yield?

Neutral

Not enough talking points with neutral stance

Financial Snapshot

See detailed analysis

Multi-year trends for Manorama Industries Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Manorama Industries Ltd. Shareholding Pattern

Quarterly breakdown of Manorama Industries Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Mar 2019	Sep 2019	Mar 2020	Sep 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Total Promoter	61.03	61.30	61.33	61.33	61.33	61.33	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	54.42	54.42	54.41	54.32	54.32	54.32	54.32
Indian Promoter	61.03	61.30	61.33	61.33	61.33	61.33	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	57.26	54.42	54.42	54.41	54.32	54.32	54.32	54.32
Foreign Promoter	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Institutions	-	-	0.07	0.18	0.67	0.57	5.65	5.80	5.80	5.80	5.90	5.66	5.73	5.99	6.06	5.36	5.04	3.90	4.16	7.20	7.91	8.00	6.92	6.28	5.85	5.81
Mutual Funds / UTI	-	-	-	-	-	-	2.31	2.34	2.34	2.34	2.40	2.40	2.40	2.34	2.21	1.65	1.65	0.88	0.87	3.82	4.24	4.10	4.14	3.41	2.65	2.27
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Govt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
FII	0.00	0.00	0.06	0.18	0.67	0.57	2.29	2.40	2.40	2.40	2.44	2.20	2.26	2.60	2.80	2.81	2.53	2.16	2.37	2.53	2.81	3.40	2.52	2.71	2.89	3.22
Other Institutions	0.00	0.00	0.00	0.00	0.00	0.00	1.06	1.06	1.06	1.06	1.06	1.06	1.06	1.06	1.06	0.90	0.86	0.86	0.92	0.85	0.87	0.48	0.27	0.16	0.31	0.32
Non-Institution	38.97	38.70	38.60	38.49	38.00	38.10	37.09	36.94	36.94	36.94	36.85	37.09	37.02	36.75	36.69	37.39	37.71	38.84	38.56	38.38	37.67	37.60	38.75	39.40	39.83	39.87
Bodies Corporate	-	-	4.26	3.24	2.84	2.74	2.22	1.85	1.08	0.87	1.67	1.63	0.77	0.71	0.88	1.35	1.05	1.22	1.26	1.21	1.10	1.14	1.31	1.43	1.59	1.74
Others (incl. Retail) No. of shareholders	38.97 343	38.70 368	34.34 357	35.25 405	35.16 668	35.36 971	34.87 2,837	35.09 3,503	35.86 4,044	36.07 4,343	35.18 5,289	35.46 5,814	36.25 6,302	36.04 6,438	35.81 6,624	36.04 7,947	36.66 14,191	37.62 13,925	37.30 14,370	37.17 17,977	36.57 19,742	36.46 24,351	37.44 32,382	37.97 34,419	38.24 36,017	38.13 33,516

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Microcap 250	0.43%	74 / 250
2	Nifty Total Market	0.02%	527 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Manorama Industries Ltd. shares as reported to NSE and BSE.

Name	Month	Transaction	Holding % pre transaction	Average price	Qty.	Transaction value
Bidyadevi Agarwal Promoters Immediate Relative	December-2025	Market Purchase (Acquisition) 18th Dec 2025	0.00 %	₹ 1,360.56	2.00 k	₹ 27.21 lac
Vinita Ashish Saraf Promoter & Director	December-2024	Market Sale (Disposal) 26th Dec 2024	10.00 %	₹ 1,102.13	13.93 lac	₹ 153.48 cr
Vinita Ashish Saraf Promoter & Director	December-2024	Market Sale (Disposal) 26th Dec 2024	10.00 %	₹ 1,102.13	13.93 lac	₹ 153.48 cr
Shrey Ashish Saraf Promoter & Director	December-2024	Market Sale (Disposal) 26th Dec 2024	2.50 %	₹ 1,100.00	1.49 lac	₹ 16.39 cr
Shrey Ashish Saraf Promoter & Director	December-2024	Market Sale (Disposal) 26th Dec 2024	2.50 %	₹ 1,100.00	1.49 lac	₹ 16.39 cr
Ritu Saraf Employee	December-2024	Market Sale (Disposal) 26th Dec 2024	7.61 %	₹ 1,100.00	2.98 lac	₹ 32.78 cr
Agastya Saraf Promoter	December-2024	Market Sale (Disposal) 26th Dec 2024	2.50 %	₹ 1,100.00	1.49 lac	₹ 16.39 cr
Agastya Saraf Promoter	December-2024	Market Sale (Disposal) 26th Dec 2024	2.50 %	₹ 1,100.00	1.49 lac	₹ 16.39 cr
VINITA ASHISH SARAF Promoter & Director	November-2024	Inter-se Transfer (Disposal) 7th Nov 2024	23.31 %	₹ 0.00	79.36 lac	₹ 0.00
AGASTYA SARAF Promoter Group	November-2024	Inter-se Transfer (Disposal) 7th Nov 2024	24.01 %	₹ 0.00	1.28 cr	₹ 0.00

Corporate Actions

History of Manorama Industries Ltd. dividends, bonus issues, stock splits, rights issues, and other corporate events.

Dividend₹ 0.80/share
Record date: 14th Sep 2026Ex-date: 11th Sep 2026
Announced on: 11th May 2026
Dividend₹ 0.60/share
Record date: 21st Aug 2025Ex-date: 21st Aug 2025
Announced on: 26th Apr 2025
Dividend₹ 0.40/share
Record date: 27th Aug 2024Ex-date: 27th Aug 2024
Announced on: 12th May 2024
Stock Split1 : 5
Ex-date: 7th Mar 2024Announced on: 15th Jan 2024
Nominal value change from INR 10 to INR 2.
Dividend₹ 2/share
Record date: 11th Sep 2023Ex-date: 11th Sep 2023
Announced on: 9th May 2023

Company Profile

Overview of Manorama Industries Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Manorama Industries Limited is an India-based company, which is engaged in manufacturing specialty fats and butters and exotic products. The Company is engaged in manufacturing, processing and exporting specialty fats, such as shea butter, sal butter, shea fat, sal fat, shea oil, sal oil, shea stear...

Key personnel

Mr. Deepak Sharma

Compliance Officer, Company Secretary

Mr. Yogendra Puri Goswami

Vice President - Sales

Mr. Sten Andreas Appel

Vice President (New & Existing Projects)

Mr. Raj Shekhar

Vice President

Dr. Krishnadath (Krish) Bhaggan

Vice President - Research & Development Product Development

Mr. Deep Saraf

Vice President - Business Development

Mr. Chandan Gupta

Associate Vice President Sales

Mr. Vishal Hotchand Narang

Director – Manorama Africa Limited

View all

Incorporated on

09 Aug 2005

Last Annual

31 Mar 2026

Last Interim

30 Jun 2026

No. of Employees

523

IPO date

04 Oct 2018

Free Float

1,98,19,189

Website

https://manoramagroup.co.in/

Phone no.

+912267088148

Address

OFFICE NO. 701, 7TH FLOOR, BONANZA BUILDING, SAHAR PLAZA COMPLEX ANDHERI KURLA ROAD, ANDHERI EAST, , 400059, India

Frequently Asked Questions

What is the current share price of Manorama Industries Ltd.?

The current share price of Manorama Industries Ltd. is ₹ 2,132.90 as of 8 Sep 2026.

What is the market capitalisation of Manorama Industries Ltd.?

The market capitalisation of Manorama Industries Ltd. stands at ₹ 13,463.30 Cr.

What is the PE ratio of Manorama Industries Ltd.?

The Price-to-Earnings (PE) ratio of Manorama Industries Ltd. is 54.58 as of the latest trailing twelve months data.

What is the ROE and ROCE of Manorama Industries Ltd.?

Manorama Industries Ltd. has a Return on Equity (ROE) of 37.98% and a Return on Capital Employed (ROCE) of 33.07% as per the latest financial reports.

What is the 52-week high and low of Manorama Industries Ltd.?

The 52-week high of Manorama Industries Ltd. is - and the 52-week low is -.

What is the dividend yield of Manorama Industries Ltd.?

The dividend yield of Manorama Industries Ltd. is 0.04% based on the current market price.

What is the FII and DII holding in Manorama Industries Ltd.?

Foreign Institutional Investors (FII) hold 3.22%, Domestic Institutional Investors (DII) hold 2.27% and retail/public investors hold 38.13% of Manorama Industries Ltd. shares.

What sector does Manorama Industries Ltd. belong to?

Manorama Industries Ltd. operates in the Fast Moving Consumer Goods sector.

What is the beta of Manorama Industries Ltd.?

The beta of Manorama Industries Ltd. is 1.40, indicating its price volatility relative to the broader market. Over the past 1 year, Manorama Industries Ltd. has delivered an absolute return of 60.12%.

What is the RSI of Manorama Industries Ltd.?

The 14-day Relative Strength Index (RSI) of Manorama Industries Ltd. is 74.96, placing it in the overbought zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Manorama Industries Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Manorama Industries Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Corporate Actions

Company Profile

Frequently Asked Questions

Stock Analysis

Company Profile

Holdings and Presence

Corporate Actions