Want to see IN:MANOMAY full AI Analyst Report?
Top Page
Manomay Tex India Ltd.
(MANOMAY)
Select Model
Select Model
Rating:49Neutral
Price Target:
₹239.00
▲(25.59% Upside)
Action:Reiterated
Date:07/18/26
The score is mainly held back by weak cash flow (negative operating cash flow in 2026 and persistently negative free cash flow) alongside rising leverage, which increases financial risk despite strong revenue growth. Technical indicators also lean bearish with price below long-term averages and negative MACD. Valuation is moderate (P/E ~18.3) but not enough to offset the cash flow and balance sheet pressure.
Positive Factors
Strong revenue expansion
The substantial increase in annual revenue shows that Manomay has expanded its business scale over several years. A larger revenue base can improve operating leverage, support capacity utilization, and provide a stronger platform for future growth if profitability and cash conversion improve.
Negative Factors
Rising leverage and lower financial flexibility
The sharp increase in debt relative to equity has made the capital structure more leveraged and reduces financial flexibility. Higher leverage increases sensitivity to profitability and cash-flow swings, potentially limiting the company’s ability to fund growth or absorb weaker operating conditions.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong revenue expansion
The substantial increase in annual revenue shows that Manomay has expanded its business scale over several years. A larger revenue base can improve operating leverage, support capacity utilization, and provide a stronger platform for future growth if profitability and cash conversion improve.
Read all positive factors
Manomay Tex India Ltd. (MANOMAY) vs. iShares MSCI India ETF (INDA)
Market Cap
₹4.34B
Dividend YieldN/A
Average Volume (3M)20.51K
Price to Earnings (P/E)22.2
Beta (1Y)0.15
Revenue Growth5.50%
EPS Growth8.34%
CountryIN
Employees1,165
SectorGeneral
Sector StrengthN/A
IndustryManufacturing - Textiles
Share Statistics
EPS (TTM)10.66
Shares Outstanding18,048,735
10 Day Avg. Volume20,326
30 Day Avg. Volume20,509
Financial Highlights & Ratios
PEG Ratio11.00
Price to Book (P/B)2.49
Price to Sales (P/S)0.60
P/FCF Ratio-17.72
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Manomay Tex India Ltd. Business Overview & Revenue Model
Company Description
Manomay Tex India Ltd. operates within the textile industry, specializing in the creation and distribution of ready-to-stitch fabrics. Their production process includes the winding of yarn, weaving, and subsequent dispatch of the finished textile ...
How the Company Makes Money
Manomay Tex India Ltd. makes money primarily by producing and selling synthetic yarn (notably polyester yarn) to business customers in the textile value chain (e.g., fabric manufacturers, processors, and other industrial buyers). Revenue is genera...
Manomay Tex India Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
46
Neutral
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 7.44B | 7.11B | 6.97B | 5.83B | 6.64B | 5.70B |
| Gross Profit | 2.24B | 2.22B | 2.93B | 274.40M | 2.42B | 348.41M |
| EBITDA | 842.01M | 843.68M | 855.88M | 498.29M | 421.75M | 297.62M |
| Net Income | 201.44M | 196.41M | 192.53M | 130.03M | 129.50M | 77.06M |
Balance Sheet | ||||||
| Total Assets | 0.00 | 6.76B | 6.18B | 5.84B | 3.93B | 3.22B |
| Cash, Cash Equivalents and Short-Term Investments | 4.55M | 4.55M | 19.49M | 207.19M | 240.44M | 26.47M |
| Total Debt | 0.00 | 3.48B | 3.29B | 3.00B | 1.45B | 1.42B |
| Total Liabilities | -1.71B | 5.05B | 4.70B | 4.55B | 2.77B | 2.55B |
| Stockholders Equity | 1.71B | 1.71B | 1.48B | 1.29B | 1.16B | 678.41M |
Cash Flow | ||||||
| Free Cash Flow | -268.58M | -239.98M | -168.86M | -1.41B | -36.16M | -167.16M |
| Operating Cash Flow | -171.75M | -33.59M | 41.55M | 128.13M | 116.91M | 138.37M |
| Investing Cash Flow | -92.16M | -158.41M | -32.05M | -1.63B | -229.39M | -295.82M |
| Financing Cash Flow | 264.85M | 192.69M | -17.79M | 1.38B | 250.18M | 390.23M |
Manomay Tex India Ltd. Technical Analysis
Positive
190.30
Price Trends
223.54
Positive
203.55
Positive
210.27
Positive
Market Momentum
4.69
Negative
57.16
Neutral
67.69
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MANOMAY, the sentiment is Positive. The current price of 190.3 is below the 20-day moving average (MA) of 231.47, below the 50-day MA of 223.54, and below the 200-day MA of 210.27, indicating a bullish trend. The MACD of 4.69 indicates Negative momentum. The RSI at 57.16 is Neutral, neither overbought nor oversold. The STOCH value of 67.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:MANOMAY.
Manomay Tex India Ltd. Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
58 Neutral | ₹2.45B | 8.50 | ― | ― | 23.44% | -27.95% | |
57 Neutral | ₹7.22B | 10.43 | ― | ― | ― | ― | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
54 Neutral | ₹11.03B | 77.25 | ― | 0.07% | ― | ― | |
52 Neutral | ₹4.36B | 30.15 | ― | ― | ― | ― | |
50 Neutral | ₹44.49B | 72.72 | ― | ― | 48.53% | -59.72% | |
49 Neutral | ₹4.34B | 22.22 | ― | ― | 5.50% | 8.34% |
* General Sector Average
IN:MANOMAY
Manomay Tex India Ltd.
236.85
34.35
16.96%
IN:ABCOTS
AB Cotspin India Ltd.
194.90
-239.00
-55.08%
IN:PASHUPATI
Pashupati Cotspin Ltd.
69.60
-0.93
-1.31%
IN:SANATHAN
Sanathan Textiles Limited
521.80
21.90
4.38%
IN:BORANA
Borana Weaves Limited
271.50
47.45
21.18%
IN:RNBDENIMS
R&B Denims Ltd
8.91
-33.54
-79.01%
Manomay Tex India Ltd. Corporate Events
Manomay Tex India Affirms SEBI Insider Trading Compliance for September Quarter
Oct 2, 2026
Manomay Tex India Ltd. has confirmed that it maintains a Structured Digital Database in accordance with the Securities and Exchange Board of India’s Prohibition of Insider Trading Regulations for the quarter ended September 2026. The managin...
Manomay Tex India Corrects Director Identification Number in Exchange Filings
Sep 23, 2026
Manomay Tex India Ltd. has informed the stock exchanges that a typographical error was made in previously published corporate documents, where the director identification number of board member Mahendra Singh Rana was incorrectly stated. The compa...
Manomay Tex India to shut trading window ahead of September quarter results
Sep 23, 2026
Manomay Tex India Ltd. has announced the closure of its trading window for directors, key managerial personnel, connected persons, designated employees and their immediate relatives from 1 October 2026 until 48 hours after the declaration of its u...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.