Food & Beverages company Manorama Industries announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported revenue of Rs 40,400.60 lakh in Q1FY27, an increase of 39.53% compared to Rs 28,955.08 lakh in Q1FY26 (YoY) and a growth of 3.24% compared to Rs 39,134.09 lakh in Q4FY26 (QoQ). Total Income from Operations: Total income stood at Rs 42,018.66 lakh in Q1FY27, up 42.28% YoY from Rs 29,531.43 lakh in Q1FY26 and up 9.35% QoQ from Rs 38,425.46 lakh in Q4FY26. Profit Before Tax: For Q1FY27, the company recorded a profit of Rs 10,633.11 lakh, marking a YoY growth of 62.36% from Rs 6,549.11 lakh in Q1FY26 and a QoQ increase of 44.51% from Rs 7,357.91 lakh in Q4FY26. Net Profit after Tax: The company earned a net profit of Rs 7,865.82 lakh in Q1FY27, representing a significant YoY increase of 67.55% from Rs 4,694.48 lakh in Q1FY26 and a QoQ growth of 49.94% from Rs 5,245.89 lakh in Q4FY26. Total Comprehensive Income: This was reported at Rs 7,821.43 lakh in Q1FY27, compared to Rs 4,692.01 lakh in Q1FY26 (YoY) and Rs 5,075.72 lakh in Q4FY26 (QoQ). Earnings Per Share (EPS): Basic and diluted EPS (before extra-ordinary items) for Q1FY27 was Rs 13.17, up from Rs 7.87 in Q1FY26 and Rs 8.79 in Q4FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue reached Rs 40,395.93 lakh in Q1FY27, an increase of 39.51% YoY from Rs 28,955.08 lakh in Q1FY26 and a growth of 5.67% QoQ from Rs 38,229.93 lakh in Q4FY26. Total Income from Operations: Total standalone income was Rs 41,998.57 lakh in Q1FY27, up 42.54% YoY from Rs 29,463.68 lakh in Q1FY26 and up 11.41% QoQ from Rs 37,696.80 lakh in Q4FY26. Profit Before Tax: Standalone profit before tax stood at Rs 10,921.32 lakh in Q1FY27, growing 57.95% YoY from Rs 6,914.37 lakh in Q1FY26 and 35.14% QoQ from Rs 8,081.29 lakh in Q4FY26. Net Profit after Tax: The standalone net profit was Rs 8,158.59 lakh in Q1FY27, reflecting a YoY growth of 61.31% from Rs 5,057.62 lakh in Q1FY26 and a QoQ increase of 37.08% from Rs 5,951.64 lakh in Q4FY26. Business Highlights: Segment Information: The company operates in a single reportable business segment, which is the manufacturing of Exotic Seed-based Fats and Butters, including Cocoa Butter Equivalent (CBE). Foreign Currency Fluctuation: Other income for the quarter includes mark-to-market gains/(losses) arising from foreign currency fluctuations. Final Dividend and e-voting: The Board has fixed Monday, September 14, 2026, as the cut-off date to determine shareholder eligibility for the purposes of e-voting at the Annual General Meeting and for the payment of the final dividend. Annual General Meeting: The 21st Annual General Meeting ('AGM') is scheduled to be held on Monday, September 21, 2026. Consolidation Scope: The consolidated financial results include the results of the parent company and nine subsidiaries located across Nigeria, Dubai, Togo, Brazil, Ghana, Burkina Faso, Ivory Coast, and Benin. Chairman and Managing Director of Manorama Industries, Ashish Saraf said: “We have commenced FY27 with strong momentum, delivering a robust revenue growth of 39.5% YoY in Q1 FY27 and surpassing the Rs 4,000 million quarterly revenue milestone for the first time. Profitability increased by 67.6% YoY, reflecting sustained demand across key end-user industries, deeper customer engagement, and the growing contribution of our value-added specialty fats and butters portfolio. Our performance reflects the strength of our integrated business model, deep sourcing capabilities, and our ability to consistently execute on opportunities emerging in the global specialty fats market. During the quarter, we achieved several strategic milestones that reinforce our long-term vision of building a globally integrated specialty fats platform. To strengthen its Shea sourcing network in West Africa, the Company incorporated Manorama Savannah Agro Chad SARL, a wholly owned subsidiary in Chad. Additionally, we acquired ~10 hectares (24 acres) of land in Burkina Faso for our Shea seed processing facility, with regulatory approvals currently underway, further enhancing supply chain integration and proximity to key customers. These initiatives continue to strengthen our raw material ecosystem, enhancing sourcing security, traceability, and long-term competitiveness. The successful completion of our QIP further strengthens our balance sheet and provides us with the financial flexibility to pursue growth opportunities across manufacturing, sourcing, and value-added product segments. These investments are aligned with our strategy of expanding our global presence while creating a resilient and scalable supply chain across geographies. Looking ahead, we remain confident in the long-term growth prospects of our business. Our expanding product portfolio, strengthening customer partnerships, growing presence in cocoa butter alternatives, and continued investments across the value chain position us well to deliver sustainable growth and create lasting value for all stakeholders.” Result PDF
Conference Call with Manorama Industries Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Food & Beverages company Manorama Industries announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: The company reported revenue of Rs 39,134.09 lakh for Q4FY26, representing a growth of 7.94% QoQ from Rs 36,253.79 lakh in Q3FY26 and a significant increase of 68.10% YoY from Rs 23,280.58 lakh in Q4FY25. For FY26, revenue stood at Rs 1,36,673.89 lakh, up 77.30% YoY from Rs 77,084.19 lakh in FY25. Total Income: Total income for Q4FY26 was Rs 38,425.45 lakh, an increase of 2.70% QoQ compared to Rs 37,413.53 lakh and up 58.57% YoY from Rs 24,232.69 lakh. For FY26, total income reached Rs 1,37,709.20 lakh, growing by 73.91% YoY from Rs 79,184.62 lakh. Net Profit: The company earned a net profit of Rs 4,248.13 lakh in Q4FY26, a decline of 41.22% QoQ from Rs 7,227.15 lakh, but an increase of 6.09% YoY from Rs 4,004.14 lakh. For FY26, net profit was Rs 21,494.04 lakh, reflecting a robust growth of 95.78% YoY from Rs 10,978.95 lakh in FY25. Total Comprehensive Income: For Q4FY26, total comprehensive income stood at Rs 4,077.96 lakh, while For FY26, it reached Rs 21,316.47 lakh, up 94.35% YoY from Rs 10,967.99 lakh. Earnings Per Share (EPS): The basic and diluted EPS for FY26 stood at Rs 36.00 and Rs 35.99 respectively, compared to Rs 18.42 and Rs 18.35 in FY25. Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q4FY26 was Rs 38,229.93 lakh, up 5.45% QoQ from Rs 36,253.79 lakh and up 64.21% YoY from Rs 23,280.58 lakh. For FY26, it stood at Rs 1,35,769.73 lakh, a growth of 76.13% YoY. Total Income: Standalone total income for Q4FY26 reached Rs 37,696.81 lakh, while the annual total income for FY26 was Rs 1,36,905.25 lakh, compared to Rs 78,940.53 lakh in FY25. Net Profit: Standalone net profit for Q4FY26 was Rs 5,951.68 lakh, a decrease of 12.79% QoQ from Rs 6,824.45 lakh but an increase of 40.81% YoY from Rs 4,226.67 lakh. For FY26, net profit was Rs 23,321.97 lakh, up 108.14% YoY from Rs 11,205.01 lakh in FY25. Business Highlights: Segment-wise Performance: The company operates in a single identifiable reportable business segment, which is the "Manufacturing of Exotic Seed based Fats and Butters including Cocoa Butter Equivalent (CBE)". Dividend Recommendation: The Board of Directors recommended a final dividend of Rs 0.80 per equity share (40% of the face value of Rs 2/- each) for the financial year 2025-26. Capex and Global Expansion: The Board approved a proposal to support the establishment of a processing factory in Burkina Faso through its subsidiary, Taang Kaam Industries SA. The financial assistance includes an equity investment of up to Rs 150 crore and unsecured loans or corporate guarantees up to Rs 100 crore each. Strategic Acquisition: The company acquired WOKADINE, marking its entry into the Rs 648 crore Povidone Iodine market, funded through internal accruals. Market Relaunch: Relaunched key brands Fostine R and Menodac under Women’s Health Therapeutics, and Noklot in the Cardiovascular segment. Market Positioning: The company improved its industry ranking to 27th rank in India, moving up 5 spots in the last three years. Certifications: Obtained EAEU-GMP certification, enabling entry into markets including Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan. Result PDF
Food & Beverages company Manorama Industries announced Q3FY26 results Revenues during Q3FY26 stood at Rs 3,625 million, up by 73.3% YoY. EBITDA for Q3FY26 grew by 78.0% YoY, reaching Rs 982 million. EBITDA margin for Q3FY26 was at 27.1% (expanded by 72 bps YoY). PAT for Q3FY26 increased by 131.1% YoY, reaching Rs 682 million. Ashish Saraf, Chairman & Managing Director, Manorama Industries, said: “We continue to sustain our growth momentum in Q3 & 9MFY26, reporting revenues of Rs 363 crore, reflecting a robust YoY growth of 73.3%. This strong performance is attributed to, optimized utilization of newly upgraded fractionation facility, operational excellence, and coupled with robust demand in the chocolate, confectionery, and cosmetics sectors. As a result, the Company has upwardly revised its FY26 revenue guidance from Rs 1,150 crore to Rs 1,300 plus crore. To address the increasing demand for CBE and other specialty fats and butters, the Company as priorly communicated is increasing the output of its existing fractionation capacity by 30% through debottlenecking, reaching 52,000 metric tonnes per annum (MTPA) by this financial year. Additionally, the Company has acquired 19.40 acres of new land and successfully commissioned a new packing plant and laboratory building funded through internal accruals. To facilitate the next phase of growth, the company has approved its capital expenditure plan of approx. 460 crore to be invested over next 2-3 years in a phased manner. The details of expansion are listed below which includes investments in supporting infrastructure also. Manorama Industries leverages its integrated value chain to ensure margin stability and foster longterm customer loyalty. The Company’s backward and forward integration capex provides unparalleled control over quality, cost, and supply stability and further growth. This strategic approach positions Manorama as a trusted partner for its clients in the chocolate, confectionery, and cosmetics industries.” Result PDF